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Aussie home loans

Aussie
Aussie's overall rating for home loans

(as rated by the Mozo community)

7.1 / 10

based on 162 reviews

Aussie was founded in 1992, and now has over 180 retail stores all around Australia. Ever since its inception, Aussie has been for the little guy, and aims to make owning your own home more affordable, by challenging the big banks on everything from home loan rates, to features, to customer service.

Whether you’re a first home buyer looking to break into the property market or a long-time investor shopping for your next project, make it happen with a competitive home loan from Aussie. Plus investors will be happy to hear that Aussie is an award winner - taking home a 2019 Mozo Experts Choice Award for best Investor Fixed Home Loan. 

Rates and fees verified as correct at 10 August, 2020. Other information correct at the time of writing.

What home loans do Aussie offer?

Fixed Rate Home Loans Fixed Rate Home Loans

There are a range of fixed rate home loans on offer from Aussie, and choosing the one for you will depend, among other things, on whether you’re an owner occupier or investor, how you’d like to pay off your loan and your LVR. Loans are available from $100,000 up to $5,000,000 and you can have an LVR of up to 95% on certain offers. You’ll pay a monthly service fee on some options, and an upfront fee on others - on some options, you’ll pay both! So make sure you take advantage of the extra repayment feature - which is free up to 5% on fixed rate loans.

Home loan repayments calculator
years
Product Fixed 3 year rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

2.21% p.a.

3.17% p.a.

$0.00

$330

2.84% p.a.

3.60% p.a.

$0.00

$330

3.49% p.a.

3.41% p.a.

$0.00

$330

2.21% p.a.

2.62% p.a.

$0.00

$330

2.79% p.a.

3.29% p.a.

$0.00

$330

2.84% p.a.

3.62% p.a.

$15.00 monthly

$330

2.79% p.a.

3.50% p.a.

$15.00 monthly

$330

3.49% p.a.

3.60% p.a.

$15.00 monthly

$330

2.21% p.a.

3.35% p.a.

$15.00 monthly

$330


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Variable Rate Home Loans Variable Rate Home Loans

There are a heap of variable rate home loans on offer from Aussie, so you’re sure to find something to fit your needs. Just like their fixed rate counterparts, Aussie variable rate home loans are available for amounts from $100,000 up to $5,000,000. Some come with a monthly service fee attached, others with an upfront fee - so make sure you know what charges you’re up for. You can also choose a repayment schedule to meet your needs (fortnightly or monthly) and make use of a bunch of great money saving features, like fee free extra repayments and a redraw facility.

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

2.99% p.a.

3.03% p.a.

$0.00

$330

3.84% p.a.

3.87% p.a.

$0.00

$330

3.44% p.a.

3.47% p.a.

$0.00

$330

3.14% p.a.

3.18% p.a.

$0.00

$330

2.99% p.a.

3.01% p.a.

$0.00

$330

3.59% p.a.

3.62% p.a.

$0.00

$330

3.34% p.a.

3.37% p.a.

$0.00

$330

2.70% p.a.

2.72% p.a.

$0.00

$330

3.44% p.a.

3.47% p.a.

$0.00

$330

2.99% p.a.

3.22% p.a.

$15.00 monthly

$330

3.44% p.a.

3.66% p.a.

$15.00 monthly

$330

3.14% p.a.

3.34% p.a.

$15.00 monthly

$330

2.99% p.a.

3.22% p.a.

$15.00 monthly

$330

3.59% p.a.

3.81% p.a.

$15.00 monthly

$330

3.34% p.a.

3.56% p.a.

$15.00 monthly

$330

2.70% p.a.

2.91% p.a.

$15.00 monthly

$330

3.84% p.a.

4.06% p.a.

$15.00 monthly

$330

3.44% p.a.

3.66% p.a.

$15.00 monthly

$330


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Line of Credit Line of Credit

If you already own a property, why not use the equity you’ve built up to fund your spending goals? With a line of credit home loan from Aussie, you can do just that on loans from $100,000 with an LVR of up to 90%. You'll be able to access your funds through a completely free redraw facility, although a minimum redraw of $100 does apply. Keep in mind that you’ll have both a monthly service and upfront fee to contend with on the Aussie line of credit home loan.

Product Rate Comparison Rate* Service fee Upfront fee

4.09% p.a.

n/a

$15.00 monthly

$330

3.69% p.a.

n/a

$15.00 monthly

$330

3.99% p.a.

n/a

$15.00 monthly

$330

3.59% p.a.

n/a

$15.00 monthly

$330

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*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.

Aussie home loan features in a glance

Extra repayments featureExtra repayments feature

Want to pay off your home loan quicker and save on interest? One of the most popular ways to do it is by making extra repayments, which is super easy with your Aussie home loan - although remember that with the fixed rate option, these repayments are capped at 5%.

Redraw facilityRedraw facility

If you go a bit overboard with your extra repayments and find yourself needing some of those funds back, make use of the free redraw facility available on variable rate Aussie home loans.

Easy accessEasy access

You can access details about your Aussie home loan and make repayments in a range of ways, including over the Internet, Phone, BPAY, ATM, or EFTPOS. Plus, direct debit or direct salary crediting options make staying on top of repayments a breeze.

A wide range of optionsA wide range of options

Investor? Owner-occupier? Big deposit or small, interest only or principal and interest - whatever kind of home loan you’ve got in mind, Aussie has an option to suit.

How are Aussie home loans rated?

Don’t take our word for it - before taking the plunge, check out what other customers have to say about their Aussie home loan by reading the reviews they’ve left.

Aussie home loans
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Overall 7.1

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Features

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Trust

162 Reviews

Recent Aussie home loan reviews Recent Aussie home loan reviews

Aussie

Aussie Select Standard Variable review

Overall rating   6 / 10

Easy to get a home loan via Aussie but higher rate

It is relatively easy for a young person like me to get a home loan via Aussie however, the interest rate is a lot higher than it's competitors. Overall, I can easily track my repayments via the Commbank app which is a plus.

Full review

It is relatively easy for a young person like me to get a home loan via Aussie however, the interest rate is a lot higher than it's competitors. Overall, I can easily track my repayments via the Commbank app which is a plus.

    Price   3 / 10

    Features   1 / 10

    Customer service   4 / 10

    Convenience   10 / 10

    Trust   4 / 10

Less

Lily, New South Wales, reviewed about 1 month ago

Aussie

Aussie Select Basic Variable review

Overall rating   0 / 10

Deplorable service.

Requested Aussie Home Loan Brokerage service all to NO avail after having reached out to their Sales Support person on three occasions and was promised a follow up. The Launceston Office was of NO value and as a result have looked elsewhere with...

Full review

Requested Aussie Home Loan Brokerage service all to NO avail after having reached out to their Sales Support person on three occasions and was promised a follow up. The Launceston Office was of NO value and as a result have looked elsewhere with above and beyond expected results.

    Customer service   0 / 10

    Trust   0 / 10

Less

Apollo, Tasmania, reviewed 4 months ago

Aussie

Aussie Select Basic Variable review

Overall rating   10 / 10

Very professional.

Aussie has been fabulous to deal with both pre and post buying a home. I highly recommend them!

Full review

Aussie has been fabulous to deal with both pre and post buying a home. I highly recommend them!

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Natasha, Queensland, reviewed 4 months ago

Aussie

Aussie Select Basic Variable review

Overall rating   10 / 10

Competitive premiums.

Aussie, made it easy and efficient. They like to update website, maybe too often. Leave the website alone :) If it works, just leave it.

Full review

Aussie, made it easy and efficient. They like to update website, maybe too often. Leave the website alone :) If it works, just leave it.

    Price   10 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   8 / 10

    Trust   10 / 10

Less

Sonja, New South Wales, reviewed 6 months ago

Aussie

Aussie Home Loan review

Overall rating   1 / 10

Stand clear.

We thought we would give Aussie home loans also we could get the best interest rate. Big mistake. Our loan was approved and we signed paper work 5 weeks ago and the loan still has not been finalised. After the paper work was signed 4 weeks went by...

Full review

We thought we would give Aussie home loans also we could get the best interest rate. Big mistake. Our loan was approved and we signed paper work 5 weeks ago and the loan still has not been finalised. After the paper work was signed 4 weeks went by and then we were asked to sign more paper work, now we are being told that another valuation will need to be done on our house because a previous one had expired. If you are thinking of going through Aussie don't just apply for the loan directly, Its easy enough to search around for the best deal.

    Price   6 / 10

    Features   5 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   2 / 10

Less

Shane, New South Wales, reviewed 6 months ago

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Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

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

Ready to get started and buy your own home with a loan from Aussie? To apply, you’ll need to either call or go online and book an appointment to speak to one of Aussie’s home loan specialists. Here’s a quick checklist of what info you’ll need when you apply:

  • I.D., like a driver’s licence or passport
  • Details of your income - including what your salary is and recent payslips
  • Your savings - how much do you have to put toward your home loan already?
  • Financial commitments - debts, loans, or credit cards you’re already paying, with proof of regular payments.
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