ANZ logo

ANZ Variable Rate Home Loan

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 owner occupier taking out a interest only loan of at least $150,000

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

  • 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
3.74% p.a.
Comparison Rate
3.74% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
3.94% p.a.
Comparison Rate
3.94% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
4.29% p.a.
Comparison Rate
4.29% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
4.49% p.a.
Comparison Rate
4.49% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
4.34% p.a.
Comparison Rate
4.34% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
4.54% p.a.
Comparison Rate
4.54% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
4.79% p.a.
Comparison Rate
4.79% p.a.
Service fee
$0.00
Upfront fee
$0

Mozo editorial review ANZ Variable Rate Home Loan - last updated: 17 June 2022

binocular icon
What's hot
  • 3.74% p.a. (3.74% p.a. comparison rate*) for <80% LVR loans
  • Offset account, redraw and split loan options
  • Discounted variable interest rate
What's not
  • $160 discharge fee
Mozo snapshot

The Variable Rate Home Loan from ANZ comes with a low variable rate of 3.74% p.a. (3.74% p.a. comparison rate*), available to those borrowing 80% or less of a property's value. It also comes with some attractive features, such as an offset account and 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. 

key icon
Key features

ANZ's Variable Rate Home Loan offers a competitive 3.74% p.a. variable rate (3.74% p.a. comparison rate*), available on <80% LVR loans. Repayments can be tailored to suit you and your pay cycle, whether that's weekly, fortnightly or monthly. There's also a range of helpful features on offer to help you save on interest and reduce stress.

This includes the ability to make free extra repayments and redraw if needed, split your loan between fixed and variable options, and take a repayment holiday (as long as you're ahead on repayments). Borrowers can also take advantage of an offset account, however this will cost an extra $10 per month.


snapshot
Who is it good for

This home loan may suit borrowers who want a competitive variable rate and access to a Big Bank branch network.

question icon
Any catches

While this home loan is light on fees, borrowers will still have to budget for the $160 discharge 

Details

Rates and fees information correct as at 6 July 2022. 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

3.74% 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

$150,000

none

none

80.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

yes

Optional - $10 per month

none

none

Receive 300,000 Qantas Points when you apply or switch to an eligible ANZ home loan, must apply by 19 August 2022 and settle by 31 January 2023.

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 6 July 2022. 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

3.94% p.a.

n/a

n/a

n/a

3.94% 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

$150,000

none

80.00%

90.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

yes

Optional - $10 per month

none

none

Receive 300,000 Qantas Points when you apply or switch to an eligible ANZ home loan, must apply by 19 August 2022 and settle by 31 January 2023.

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 6 July 2022. 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

4.29% p.a.

n/a

n/a

n/a

4.29% 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

$150,000

none

none

80.00%

Features

Owner Occupier

Interest Only

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

yes

Optional - $10 per month

none

none

Receive 300,000 Qantas Points when you apply or switch to an eligible ANZ home loan, must apply by 19 August 2022 and settle by 31 January 2023.

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 6 July 2022. 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

4.49% p.a.

n/a

n/a

n/a

4.49% 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

$150,000

none

80.00%

none

Features

Owner Occupier

Interest Only

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

yes

Optional - $10 per month

none

none

Receive 300,000 Qantas Points when you apply or switch to an eligible ANZ home loan, must apply by 19 August 2022 and settle by 31 January 2023.

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 6 July 2022. 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

4.34% p.a.

n/a

n/a

n/a

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

n/a

$0.00

$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

Optional - $10 per month

none

none

Receive 300,000 Qantas Points when you apply or switch to an eligible ANZ home loan, must apply by 19 August 2022 and settle by 31 January 2023.

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 6 July 2022. 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

4.54% p.a.

n/a

n/a

n/a

4.54% 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

$150,000

none

80.00%

90.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

yes

Optional - $10 per month

none

none

Receive 300,000 Qantas Points when you apply or switch to an eligible ANZ home loan, must apply by 19 August 2022 and settle by 31 January 2023.

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 6 July 2022. 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

4.79% p.a.

n/a

n/a

n/a

4.79% 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

$150,000

none

none

80.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

yes

Optional - $10 per month

none

none

Receive 300,000 Qantas Points when you apply or switch to an eligible ANZ home loan, must apply by 19 August 2022 and settle by 31 January 2023.

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
Price
Features
Customer service
Convenience
Trust
Based on 4071 ANZ home loan reviews

Latest reviews of ANZ Variable Rate 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.