Athena home loans

Athena's overall rating for home loans

(as rated by the Mozo community)

10.0 / 10

based on 1 reviews

Athena Home Loans launched onto the scene in 2019 with a singular goal: making the path to home ownership as smooth - and as short - as possible. Founded by two former NAB executives, the young upstart isn’t afraid of ruffling a few feathers. It’s christened itself “the home loan wrecker,” and the low rates on offer promise to do just that. If you’re looking for an alternative to the big banks, or maybe the deals currently out there don’t give you much to get excited about, Athena offers a long-awaited alternative.

Rates and fees verified as correct at 21 January, 2020. Other information correct at the time of writing.

What home loans do Athena offer?

Variable Rate Home Loans Variable Rate Home Loans

Athena offers both principal and interest and interest only home loans for owner occupiers and investors at super competitive low rates. At the moment, loans are only available for refinancers borrowingup to 80% of the property’s value, but there are some exceptions. Depending on the type of property, its location, and whether it’s valued at over $2.5 million, you may only be eligible to borrow up to 70%.

Home loan repayments calculator
Product Rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡  

3.34% p.a.

3.24% p.a.



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3.24% p.a.

3.20% p.a.



Go to site

3.34% p.a.

2.99% p.a.



Go to site

2.84% p.a.

2.80% p.a.



Go to site


*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.

‡ Results from this calculation are estimates only as individual lenders apply different formulas. Actual repayments will depend on your individual circumstances and interest rate changes.

Athena home loan features in a glance

Low ratesLow rates

The one thing most likely to catch your eye is the super low rates on offer, which put Athena Home Loans among the best value home loans in our database. But how can it offer such low rates? For one thing, it doesn’t have the kind of overhead costs the big banks have, meaning it’s able to pass the savings onto customers. It also receives investment funding directly from the Australian superannuation industry.

Loyalty bonusLoyalty bonus

Driving home its commitment to customer satisfaction, Athena offers a pretty stellar bonus for loyal customers. If you have no problem keeping up with your repayments, you’ll get an 0.01% discount on your home loan each year for the first five years.

Minimal feesMinimal fees

One of the big appeals of Athena is how it’s managed to rid home loans of a lot of those pesky fees, leaving only a few third party costs to worry about. Valuation costs usually range from $25 - $183 if the job can be done from behind a desk, which will be the case for most urban properties, though the cost can run upwards of $268 for more remote or unusual properties. You’ll also have to pay around $308 for solicitor settlement costs and upwards of $116 for government refinance costs.

Easy accessEasy access

Not only is the application process a breeze, once you’ve been approved you’ll be able to manage your loan easily from your desktop or phone. The Athena Home Hub provides you with access to your loan, overview of your transaction history, and a convenient way to make payments all in one.

How are Athena home loans rated?

Athena home loans

Overall 10.0



Customer service



1 Reviews

Recent Athena home loan reviews Recent Athena home loan reviews


Athena Variable Home Loan review

Overall rating   10 / 10

Simple, easy, transparent and value for money.

There is no hidden agenda with Athena. Their rates are clearly stated, what you see is what you get. It was such an easy process switching to them. They follow up each month with a reminder of when your payment is due and how much it will be, they...

Full review

There is no hidden agenda with Athena. Their rates are clearly stated, what you see is what you get. It was such an easy process switching to them. They follow up each month with a reminder of when your payment is due and how much it will be, they also pass on rate cuts straight away and if they offer a better product to new customers, existing customers are offered the same deal.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10


Daniel, New South Wales, reviewed about 2 months ago

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What do you need to apply for a Athena home loan? What do you need to apply for a Athena home loan?

  • Basic identification details, such as a Driver’s licence, Australian Passport or Medicare card
  • Income and employment details (you’ll have to submit your last two months’ payslips, as well as information about any additional income you might receive, including government payments and rental income)
  • Information on assets and liabilities
  • A rundown of your monthly expenses
  • Your most recent statement for the home loan being refinanced


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