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ANZ Simplicity PLUS

Advertiser disclosure

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 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 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%-90%

    Loan: $50,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $50,000

  • 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

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $50,000

  • Investor (Interest Only)

    LVR < 90%

    Loan: $50,000

Rate
2.98% p.a.
Comparison Rate
3.02% p.a.
Service fee
$0.00
Upfront fee
$600
Rate
3.74% p.a.
Comparison Rate
3.78% p.a.
Service fee
$0.00
Upfront fee
$600
Rate
2.72% p.a.
Comparison Rate
2.76% p.a.
Service fee
$0.00
Upfront fee
$600
Rate
3.12% p.a.
Comparison Rate
3.16% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
3.22% p.a.
Comparison Rate
3.26% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
3.32% p.a.
Comparison Rate
3.23% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
3.74% p.a.
Comparison Rate
3.78% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
3.73% p.a.
Comparison Rate
3.71% p.a.
Service fee
$0.00
Upfront fee
$0

Mozo editorial review ANZ Simplicity PLUS - last updated: 5 May 2021

binocular icon
What's hot
  • Variable rates starting from 2.72% (2.76% comparison rate*)
  • Free extra repayments and redraws
  • No application or ongoing service fees
What's not
  • No offset account
Mozo snapshot

Whether you’re buying your first home, an investment property or simply looking to refinance your present mortgage, the ANZ Simplicity PLUS Home Loan could be a low cost option to consider. It offers competitive rates starting from 2.72% (2.76% comparison rate*) for owner occupiers, no upfront or ongoing fees, and the flexibility for you to make extra repayments and pay off your loan sooner. 

key icon
Key features

With the ANZ Simplicity PLUS Home Loan, you can enjoy low variable rates starting from 2.72% (2.76% comparison rate*) if you're an owner occupier or 3.12% (3.16% comparison rate*) if you're an investor, with an LVR of 80% or lower. 

The loan has a broader range of options though, as it is also available to both owner occupiers and investors with an LVR up to 90% (10% deposit), though, as usual, the interest rates increase as your LVR goes up. Either way, customers can borrow with a minimum loan amount as little as $50,000.

You can also make loan repayments to suit your needs, as weekly, fortnightly or monthly repayment options are all available. The ANZ Simplicity PLUS Home Loan also comes with the advantage of allowing you to make additional repayments on your loan and to access a fee-free redraw facility should you need those extra funds later on. Plus you'll have the option to split your loan into variable and fixed rates. There's no offset account available though.

In terms of other costs, there are zero legal, valuation, settlement or ongoing service fees to worry about, though there is a $600 application and $160 discharge fee to consider. 

snapshot
Who is it good for

This Simplicity PLUS Home Loan could be an option worth considering for either owner occupiers or investors, given that it  offers a fair amount of flexibility and some decent variable rates. 

question icon
Any catches

While you will be able to borrow with as little as a 10% deposit with the Simplicity PLUS home looan, 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 5 August 2021. 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

2.98% p.a.

n/a

n/a

n/a

3.02% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$600.00

$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 - free

$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 5 August 2021. 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

3.74% p.a.

n/a

n/a

n/a

3.78% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$600.00

$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 - free

$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 5 August 2021. 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

2.72% p.a.

n/a

n/a

n/a

2.76% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$600.00

$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 - free

$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 5 August 2021. 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

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$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 5 August 2021. 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

3.22% p.a.

n/a

n/a

n/a

3.26% 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 - free

$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 5 August 2021. 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

3.32% p.a.

n/a

n/a

n/a

3.23% 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 - free

$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 5 August 2021. 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

3.74% p.a.

n/a

n/a

n/a

3.78% 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 - free

$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 5 August 2021. 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

3.73% p.a.

n/a

n/a

n/a

3.71% 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 - free

$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.

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About ANZ

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.