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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: 14 December 2020.

binocular icon
What's hot
  • Low owner-occupier 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 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 2.72% (2.76% comparison rate*) for owner occupiers, no upfront or ongoing fees, and the flexibility 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 rates starting from 2.72% (2.76% comparison rate*) for owner occupiers or 3.12% (3.16% comparison rate*) for investors with an LVR of 80% or lower. there are also zero  application, legal, valuation, settlement or ongoing service fees to worry about, and a discharge fee of just $160 to budget for.

This loan is 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. Either way, borrowers can get a minimum loan amount of as little as $50k.

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.

snapshot
Who is it good for

This a great home loan option offering flexibility and decent rates to borrowers who want to stick with a big bank for their mortgage.

question icon
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 18 January 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

  • $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 18 January 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

  • $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 18 January 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

  • $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 18 January 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

  • $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 18 January 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

  • $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 18 January 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

  • $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 18 January 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

  • $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 18 January 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

  • $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
6.9/10

Based on 4012 ANZ home loan reviews

Price
6.6/10
Features
6.5/10
Customer service
7.0/10
Convenience
7.6/10
Trust
6.7/10

Latest reviews of ANZ Simplicity PLUS

  • Overall 4/10
    Not personal.

    Large bank so not personal at all. We have been with them for 3-4 yrs and they have not called to see how we are going. It would be nice to hear from time to time but nothing.

    Read full review

    Large bank so not personal at all. We have been with them for 3-4 yrs and they have not called to see how we are going. It would be nice to hear from time to time but nothing.

    Price
    5/10
    Features
    5/10
    Customer service
    3/10
    Convenience
    3/10
    Trust
    3/10
    Less
    Sarah, Queensland reviewed about 1 month ago
  • Overall 9/10
    Excellent flexibility.

    This is my second ANZ home loan and I love the flexibility of being able to make weekly payments as I pay extra each week and I can redraw if I need to access the extra I have paid.

    Read full review

    This is my second ANZ home loan and I love the flexibility of being able to make weekly payments as I pay extra each week and I can redraw if I need to access the extra I have paid.

    Price
    9/10
    Features
    8/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Leah, New South Wales reviewed about 2 months ago
  • Overall 6/10
    I am not too happy with this bank.

    My rate has come down a bit, it helps!

    Read full review

    My rate has come down a bit, it helps!

    Price
    6/10
    Features
    4/10
    Customer service
    6/10
    Convenience
    6/10
    Trust
    5/10
    Less
    Rodney, Western Australia reviewed 5 months ago
  • Overall 1/10
    Do not go anywhere near.

    20+ years with the Bank. Had a pre-approval from another provider. Constant calls from lending manager at ANZ promising a better deal etc etc, got sucked in. Found a good property, school location and all, went ahead in anticipation of all the promises marketed. After weeks of emails and calls and papers (your file is in Bangalore, it's now with Credit coach somewhere), eventually ANZ decided not to lend, impacting credit score and jeopardising other approval. No one you can speak to directly to make sense of why and what. The lending manager who kept pushing to sign up now goes cold. The property snapped by someone else and the refusal has just made it difficult to get a loan from other providers. Just derailed your home ownership dream!!!

    Read full review

    20+ years with the Bank. Had a pre-approval from another provider. Constant calls from lending manager at ANZ promising a better deal etc etc, got sucked in. Found a good property, school location and all, went ahead in anticipation of all the promises marketed. After weeks of emails and calls and papers (your file is in Bangalore, it's now with Credit coach somewhere), eventually ANZ decided not to lend, impacting credit score and jeopardising other approval. No one you can speak to directly to make sense of why and what. The lending manager who kept pushing to sign up now goes cold. The property snapped by someone else and the refusal has just made it difficult to get a loan from other providers. Just derailed your home ownership dream!!!

    Price
    1/10
    Features
    2/10
    Customer service
    1/10
    Convenience
    1/10
    Trust
    1/10
    Less
    Lifetime, Victoria reviewed 6 months ago
  • Overall 8/10
    Overall good bank - I would recommend.

    Very good rates and great customer service - can easily get to whom I need to speak to through the app. The app could do with more functionality and choice for the customer. For example, I can't turn off voice ID for transactions over a certain value (I would rather use a number generator).

    Read full review

    Very good rates and great customer service - can easily get to whom I need to speak to through the app. The app could do with more functionality and choice for the customer. For example, I can't turn off voice ID for transactions over a certain value (I would rather use a number generator).

    Price
    8/10
    Features
    7/10
    Customer service
    9/10
    Convenience
    9/10
    Trust
    9/10
    Less
    Luke, Australian Capital Territory reviewed 7 months ago
Thumbnail icon for 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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2.19% p.a.

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2.20% p.a.

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2.49% p.a.

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Back to Basics

2.54% p.a.

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2.59% p.a.

2.76% p.a.

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1.99% p.a.
fixed 3 years

2.70% p.a.

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UHomeLoan (Fixed)

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fixed 3 years

2.27% p.a.

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fixed 3 years

2.73% p.a.

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fixed 3 years

2.53% p.a.

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2.19% p.a.
fixed 3 years

3.03% p.a.

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2.09% p.a.
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2.09% p.a.
fixed 3 years

3.01% p.a.

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2.68% p.a.

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1.99% p.a.variable for 12 months and then 2.48% p.a.

2.47% p.a.

$0.00

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UHomeLoan - Discount Offer

2.34% p.a.

2.34% p.a.

$0.00

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AcceleRATES Variable Home Loan

2.19% p.a.

2.19% p.a.

$0.00

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86 400

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2.19% p.a.

2.20% p.a.

$0.00

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2.12% p.a.

$0.00

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2.63% p.a.

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3.71% p.a.

$8.00 monthly

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Suncorp

Back to Basics

2.54% p.a.

2.55% p.a.

$0.00

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.