ANZ Simplicity PLUS

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 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%

Choose the version of loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $50,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $50,000

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $50,000

3.65% p.a.

3.69% p.a.

$0.00

ANZ Simplicity PLUS

3.65% p.a.

3.69% p.a.

$0.00

3.99% p.a.

4.03% p.a.

$0.00

ANZ Simplicity PLUS

3.99% p.a.

4.03% p.a.

$0.00

4.30% p.a.

4.34% p.a.

$0.00

ANZ Simplicity PLUS

4.30% p.a.

4.34% p.a.

$0.00

Mozo Review   ANZ Simplicity PLUS Review

Last updated: 2 August 2018.

What's hot:
  • No ongoing service fees

  • Low rates starting from 3.65% (3.69% comparison rate)

  • Mozo Experts Choice 2018 - Home Loan Major Bank of the Year

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 3.65%, no upfront fees and the flexibility to make extra repayments and pay off your loan sooner. Plus it's a multiple award winner - taking home an impressive three 2018 Mozo Experts Choice Awards for best Major Bank in the Low Cost, First Home Buyer Loan and Split Home Loan categories. 

Key features:

With the ANZ Simplicity PLUS Home Loan not only will you enjoy low rates starting from 3.65% (3.69% comparison rate), there are no application, legal, valuation, settlement, upfront or service fees and a discharge fee of just $250.

It’s available to both owner occupiers and investors with an LVR up to 90% or a 10% deposit, 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.

Any catches?

While lower rates apply to owner occupiers, rates can go up to 4.3% for investors.

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 3.65% p.a.

  • n/a

  • 0 Months

  • none

  • 3.69% 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

  • none

  • $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

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 3.99% p.a.

  • n/a

  • 0 Months

  • none

  • 4.03% 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

  • none

  • $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

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 4.30% p.a.

  • n/a

  • 0 Months

  • none

  • 4.34% 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

  • none

  • $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

Customer Reviews

How are ANZ home loans rated by the Mozo community?

Overall customer rating
7.3/10

Based on 1118 ANZ home loan reviews

Price
6.8/10
Features
6.8/10
Customer service
7.3/10
Convenience
7.6/10
Trust
7.2/10

Latest reviews of ANZ Simplicity PLUS

  • Overall
    2/10
    I feel like we have been mislead

    They started out as a great choice with excellent customer service at our local branch but has...

    They started out as a great choice with excellent customer service at our local branch but has since let us down tremendously. One of the comments made by a loan staff employee at our last meeting not only was extremely offensive but also out of line in so many ways.

    Price
    5/10
    Features
    3/10
    Customer service
    3/10
    Convenience
    5/10
    Trust
    2/10

    Geraldine | QLD

    06 Apr 2018

  • Overall
    7/10
    Great banking experience

    We always find the customer care to be fantastic and are happy with our home loan.

    We always find the customer care to be fantastic and are happy with our home loan.

    Price
    9/10
    Features
    7/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    8/10

    Tracy | VIC

    20 Mar 2018

  • Overall
    8/10
    Competitive premiums

    I am quite happy with the ANZ banks services.

    I am quite happy with the ANZ banks services.

    Price
    7/10
    Features
    7/10
    Customer service
    10/10
    Convenience
    7/10
    Trust
    7/10

    Louise | TAS

    06 Mar 2018

  • Overall
    10/10
    Reasonable rates.

    Great interest rate. Very helpful.

    Great interest rate. Very helpful.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Enza | VIC

    08 Feb 2018

  • Overall
    10/10
    Great customer service

    Very thorough people, nice to deal with and they are excellent with aged people.

    Very thorough people, nice to deal with and they are excellent with aged people.

    Price
    10/10
    Features
    -
    Customer service
    -
    Convenience
    -
    Trust
    -

    Elaine | VIC

    27 Jun 2017

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.

See ANZ home loans

*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.