ANZ Simplicity PLUS

This product is available in different versions. Pick the right version for you here.

The details shown below are for an owner occupier taking out a principal & interest loan of at least $50,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan of at least $50,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan of at least $50,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan of at least $50,000 with an LVR below 90%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $50,000 with an LVR below 90%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $50,000 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan of at least $50,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan of at least $50,000 with an LVR below 90%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $50,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $50,000

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $50,000

  • Investor (Interest Only)

    LVR < 90%

    Loan: $50,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $50,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $50,000

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $50,000

  • Investor (Interest Only)

    LVR < 90%

    Loan: $50,000

3.12% p.a.

3.16% p.a.

$0.00

ANZ Simplicity PLUS

3.12% p.a.

3.16% p.a.

$0.00

3.52% p.a.

3.56% p.a.

$0.00

ANZ Simplicity PLUS

3.52% p.a.

3.56% p.a.

$0.00

3.62% p.a.

3.66% p.a.

$0.00

ANZ Simplicity PLUS

3.62% p.a.

3.66% p.a.

$0.00

3.82% p.a.

3.73% p.a.

$0.00

ANZ Simplicity PLUS

3.82% p.a.

3.73% p.a.

$0.00

4.14% p.a.

4.18% p.a.

$0.00

ANZ Simplicity PLUS

4.14% p.a.

4.18% p.a.

$0.00

3.38% p.a.

3.42% p.a.

$0.00

ANZ Simplicity PLUS

3.38% p.a.

3.42% p.a.

$0.00

4.14% p.a.

4.18% p.a.

$0.00

ANZ Simplicity PLUS

4.14% p.a.

4.18% p.a.

$0.00

4.23% p.a.

4.21% p.a.

$0.00

ANZ Simplicity PLUS

4.23% p.a.

4.21% p.a.

$0.00

Mozo Review   ANZ Simplicity PLUS Review

Last updated: 21 February 2020.

What's hot:
  • Investor rates starting from 3.52% (3.56% comparison rate*)

  • Low owner-occupier rates starting from 3.12% (3.16% comparison rate*)

What's not:
  • No offset facility

Mozo snapshot:

Whether you’re buying your first home or simply looking to refinance your present mortgage, the ANZ Simplicity PLUS Home Loan could be for you, offering competitive rates starting from 3.12% (3.16% comparison rate*) for owner occupiers, no upfront fees and the flexibility to make extra repayments and pay off your loan sooner. 

Key features:

With the ANZ Simplicity PLUS Home Loan not only will you enjoy low rates starting from 3.12% (3.16% comparison rate*) for owner occupiers or 3.52% (3.56% comparison rate*) for investors with an LVR of 80% or lower, there are no application, legal, valuation, settlement, upfront or service fees and a discharge fee of just $250.

It’s also available to both owner occupiers and investors with an LVR up to 90% or a 10% deposit, though, as usual, rates will get a bit higher as your LVR goes up, and borrowers can get a minimum loan amount for as little as $50k.

You can also make loan repayments to suit your needs as either weekly, fortnightly or monthly repayment options are available, while having the option to select the standard principal and interest repayments or choose to make interest only repayments. The ANZ Simplicity PLUS Home Loan also comes with the advantage of making additional payments on your loan through the extra repayments facility for free and the availability of a redraw facility with no minimum redraw amount. Other features also include the option for repayment holidays and a split account but no offset account.


Who it's good for:

This a great home loan option offering flexibility and savings for both owner occupiers and investors who want to stick with a big bank for their mortgage.

Any catches?

While you will be able to borrow with as little as a 10% deposit with the ANZ Simplicity PLUS, keep in mind that if you have less than a 20% deposit (an LVR higher than 80%), you'll also need to budget for Lenders Mortgage Insurance.

Details

Rates and fees information correct as at 22 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.12% p.a.

  • n/a

  • n/a

  • n/a

  • 3.16% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $160.00

Other financial bits
  • $50,000

  • none

  • none

  • 80.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes

  • $0.00

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 22 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.52% p.a.

  • n/a

  • n/a

  • n/a

  • 3.56% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $160.00

Other financial bits
  • $50,000

  • none

  • none

  • 80.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes

  • $0.00

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 22 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.62% p.a.

  • n/a

  • n/a

  • n/a

  • 3.66% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $160.00

Other financial bits
  • $50,000

  • none

  • 80.00%

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes

  • $0.00

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 22 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.82% p.a.

  • n/a

  • n/a

  • n/a

  • 3.73% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $160.00

Other financial bits
  • $50,000

  • none

  • none

  • 90.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes

  • $0.00

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 22 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 4.14% p.a.

  • n/a

  • n/a

  • n/a

  • 4.18% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $160.00

Other financial bits
  • $50,000

  • none

  • 80.00%

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes

  • $0.00

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 22 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.38% p.a.

  • n/a

  • n/a

  • n/a

  • 3.42% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $160.00

Other financial bits
  • $50,000

  • none

  • 80.00%

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes

  • $0.00

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 22 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 4.14% p.a.

  • n/a

  • n/a

  • n/a

  • 4.18% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $160.00

Other financial bits
  • $50,000

  • none

  • none

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes

  • $0.00

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 22 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 4.23% p.a.

  • n/a

  • n/a

  • n/a

  • 4.21% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $160.00

Other financial bits
  • $50,000

  • none

  • none

  • 90.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes

  • $0.00

  • yes

  • no

  • none

  • none

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Customer Reviews

How are ANZ home loans rated by the Mozo community?

Overall customer rating
6.9/10

Based on 3924 ANZ home loan reviews

Price
6.6/10
Features
6.4/10
Customer service
7.0/10
Convenience
7.6/10
Trust
6.7/10

Latest reviews of ANZ Simplicity PLUS

  • Overall 4/10
    No interest in clients.

    Have tried many times to negotiate a better interest rate. The bank is simply not interested in providing a service or helping me out.

    Read full review

    Have tried many times to negotiate a better interest rate. The bank is simply not interested in providing a service or helping me out.

    Price
    3/10
    Features
    4/10
    Customer service
    5/10
    Convenience
    7/10
    Trust
    1/10
    Less
    Alexis, New South Wales reviewed 12 days ago
  • Overall 4/10
    Poor assistance.

    No repayment holiday option on this product unless you are in advance on your payments. My husband had to have surgery out of the blue and they couldn’t do anything to help with our repayments while he couldn’t work unless we defaulted on our repayments which would cause us to have bad credit!

    Read full review

    No repayment holiday option on this product unless you are in advance on your payments. My husband had to have surgery out of the blue and they couldn’t do anything to help with our repayments while he couldn’t work unless we defaulted on our repayments which would cause us to have bad credit!

    Price
    4/10
    Features
    2/10
    Customer service
    6/10
    Convenience
    7/10
    Trust
    6/10
    Less
    Jasmine, Western Australia reviewed 12 days ago
  • Overall 8/10
    Low interest rates!

    I like their account/loan options and their low interest rate.

    Read full review

    I like their account/loan options and their low interest rate.

    Price
    10/10
    Features
    8/10
    Customer service
    8/10
    Convenience
    9/10
    Trust
    7/10
    Less
    Emma, Victoria reviewed 12 days ago
  • Overall 4/10
    Average product.

    We have had to stay with this bank due to wanting mortgage insurance and my having had cancer.

    Read full review

    We have had to stay with this bank due to wanting mortgage insurance and my having had cancer.

    Price
    7/10
    Features
    3/10
    Customer service
    5/10
    Convenience
    3/10
    Trust
    2/10
    Less
    Karen, Queensland reviewed 2 months ago
  • Overall 10/10
    Outstanding customer service.

    Professional, friendly and most of all very helpful in meeting my needs.

    Read full review

    Professional, friendly and most of all very helpful in meeting my needs.

    Price
    9/10
    Features
    5/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Linda, New South Wales reviewed 3 months ago
ANZ

About ANZ

ANZ is one of the largest companies in Australia and New Zealand, with a history that stretches back over 170 years. The bank offers a range of banking and financial products to more than 5.7 million retail customers, including home loans, credit cards and debit cards, personal loans, savings and banking accounts and personal insurance. And now, with its new mobile banking application, ANZ App, it's easier to do banking on the go.

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*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.