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ANZ Variable Rate (Breakfree Package)

Advertiser disclosure

The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 90%

The details shown below are for an owner occupier taking out a interest only loan of at least $150,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan of at least $150,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan of at least $150,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan of at least $150,000 with an LVR below 80%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $150,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $150,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $150,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $150,000

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $150,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $150,000

Rate
2.99% p.a.
Comparison Rate
3.42% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.19% p.a.
Comparison Rate
3.61% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.34% p.a.
Comparison Rate
3.75% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.59% p.a.
Comparison Rate
4.00% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.79% p.a.
Comparison Rate
4.19% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
4.04% p.a.
Comparison Rate
4.44% p.a.
Service fee
$395.00 yearly
Upfront fee
$0

Mozo editorial review ANZ Variable Rate (Breakfree Package) - last updated: 19 April 2021

binocular icon
What's hot
  • 2.99% p.a. (3.42% p.a. comparison rate*) for <80% LVR loans
  • Offset account, redraw and split loan options
  • Discounted variable interest rate
What's not
  • $395 annual package fee
Mozo snapshot

The Breakfree Package from ANZ comes with a low variable rate of 2.99% p.a. (3.42% p.a. comparison rate*), available to those borrowing 80% or less of a property's value. It also comes with some attractive features, from a 100% offset account to the ability to make extra repayments, making it a worthwhile option for home loan seekers who want great value but also the security of a big name bank. 

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Key features

The Breakfree package home loan bundles your home loan, credit card and bank account to give you great savings. Borrowers will be able to take advantage of a competitive 2.99% p.a. variable rate (3.42% p.a. comparison rate*), available on <80% LVR loans.

Some of the home features available with the Breakfree package include an offset account, the ability to make extra repayments and redraw if needed, as well as the option to split your loan between fixed and variable options. Borrowers can also take a repayment holiday should they need to (as long as they're ahead on repayments).

You can also tailor your repayments to suit you and your pay cycle, whether that's weekly, fortnightly or monthly. 

There is a $395 annual package fee with the ANZ Variable Breakfree Package but the benefits you get by bundling should make up for this cost, especially if you choose to do all of your banking with ANZ. You'll receive benefits such as having the account fee on your ANZ Access Advantage bank account waived ($5 in savings a month), receiving no annual fee on a ANZ Frequent Flyer Platinum Card ($240 in savings a year) and also paying zero loan approval fees ($600 in savings) and zero monthly loan administration charges ($60 in savings a year). 




snapshot
Who is it good for

This home loan may suit borrowers who want to bundle their main banking products with the one provider to save on fees and also want access to a Big Bank branch network.

question icon
Any catches

As with any package, just be sure that you are not paying for things you don't or will never use. Be sure to take advantage of all of the benefits offered by ANZ to bundle your home loan with your credit card and transaction account.

Details

Rates and fees information correct as at 18 October 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

2.99% 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

$395.00 yearly

$160.00

Other financial bits

$150,000

none

none

80.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

yes

yes

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 October 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

3.19% p.a.

n/a

n/a

n/a

3.61% 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

$395.00 yearly

$160.00

Other financial bits

$150,000

none

80.00%

90.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

yes

yes

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 October 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

3.34% p.a.

n/a

n/a

n/a

3.75% 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

$395.00 yearly

$160.00

Other financial bits

$150,000

none

none

80.00%

Features

Owner Occupier

Interest Only

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

yes

yes

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 October 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

3.59% p.a.

n/a

n/a

n/a

4.00% 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

$395.00 yearly

$160.00

Other financial bits

$150,000

none

none

80.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

yes

yes

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 October 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

3.79% p.a.

n/a

n/a

n/a

4.19% 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

$395.00 yearly

$160.00

Other financial bits

$150,000

none

80.00%

90.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

yes

yes

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 October 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

4.04% p.a.

n/a

n/a

n/a

4.44% 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

$395.00 yearly

$160.00

Other financial bits

$150,000

none

none

80.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

yes

yes

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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Latest reviews of ANZ Variable Rate (Breakfree Package) Home Loan

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.