Rates and fees verified as correct at 28 July, 2021. Other information correct at the time of writing. Advertiser disclosure.
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. As for fees, you can expect to pay a legal fee upfront and a discharge fee once you exit the loan. So make sure you take advantage of the extra repayment feature - which is free up to 5% p.a. on fixed rate loans.
| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
| 2.34% p.a. | 2.41% p.a. | $0.00 | $330 | ||
| 2.39% p.a. | 2.73% p.a. | $0.00 | $330 | ||
| 2.39% p.a. | 3.02% p.a. | $0.00 | $330 | ||
| 2.34% p.a. | 2.32% p.a. | $0.00 | $330 | ||
| 3.34% p.a. | 2.57% p.a. | $0.00 | $330 | ||
| 2.64% p.a. | 3.14% p.a. | $0.00 | $330 | ||
| 2.69% p.a. | 2.95% p.a. | $0.00 | $330 | ||
| 2.54% p.a. | 2.59% p.a. | $0.00 | $330 |
There are heaps of variable rate home loans on offer from Aussie, so you’re sure to find something to fit your needs. Depending on the product you pick, you could apply for loan amounts up to $1 million (with the Activate Prime) or up to $5 million (with the Select Basic Variable). Aussie's variable rate home loans come with loan-to-value ratio (LVR) tiers ranging from 70% or 75% up to 95%, so it caters to a wide range of borrowers with bigger and smaller deposits. Generally speaking, the lower your LVR or the less portion of the property value you borrow, the better your variable rates would be with Aussie. Also bear in mind that if your LVR is above 80%, you may have to pay an additional cost called Lenders Mortgage Insurance.
With both the Activate Prime and Select Basic Variable, you'll need to factor in an upfront legal fee, but only the latter has a discharge fee. You'll also have flexible options at your disposal. You can choose a repayment schedule to match your pay cycle and make use of a bunch of great money saving features, like fee-free extra repayments and a redraw facility (minimum redraw amounts apply).
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
| 2.59% p.a. | 2.61% p.a. | $0.00 | $330 | ||
| 2.89% p.a. | 2.91% p.a. | $0.00 | $330 | ||
| 2.89% p.a. | 2.91% p.a. | $0.00 | $330 | ||
| 2.89% p.a. | 2.91% p.a. | $0.00 | $330 | ||
| 2.45% p.a. | 2.47% p.a. | $0.00 | $330 | ||
| 3.29% p.a. | 3.31% p.a. | $0.00 | $330 | ||
| 3.19% p.a. | 3.21% p.a. | $0.00 | $330 | ||
| 3.79% p.a. | 3.81% p.a. | $0.00 | $330 | ||
| 4.39% p.a. | 4.41% p.a. | $0.00 | $330 | ||
| 4.99% p.a. | 5.01% p.a. | $0.00 | $330 | ||
| 2.79% p.a. | 2.83% p.a. | $0.00 | $330 | ||
| 2.29% p.a. | 2.33% p.a. | $0.00 | $330 | ||
| 2.99% p.a. | 3.03% p.a. | $0.00 | $330 | ||
| 2.39% p.a. | 2.41% p.a. | $0.00 | $330 | ||
| 3.19% p.a. | 3.22% p.a. | $0.00 | $330 | ||
| 3.29% p.a. | 3.31% p.a. | $0.00 | $330 | ||
| 3.79% p.a. | 3.81% p.a. | $0.00 | $330 | ||
| 4.39% p.a. | 4.41% p.a. | $0.00 | $330 | ||
| 5.45% p.a. | 5.47% p.a. | $0.00 | $330 | ||
| 3.19% p.a. | 3.21% p.a. | $0.00 | $330 | ||
| 2.99% p.a. | 3.03% p.a. | $0.00 | $330 | ||
| 2.59% p.a. | 2.63% p.a. | $0.00 | $330 | ||
| 3.39% p.a. | 3.42% p.a. | $0.00 | $330 | ||
| 3.29% p.a. | 3.32% p.a. | $0.00 | $330 | ||
| 2.99% p.a. | 3.03% p.a. | $0.00 | $330 | ||
| 2.59% p.a. | 3.01% p.a. | $0.00 | $330 |
Match your loan repayments with your pay cycle! Aussie's variable rate home loans offer borrowers the choice between weekly, fortnightly and monthly payments with the Activate Prime, or fortnightly and monthly payments with the Select Basic Variable.
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%.
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. Just be mindful that minimum amounts apply per redraw.
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.
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.
Mozo users have rated Aussie home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
178 Reviews
Poor product and customer service. Dishonest brokers.
Read full reviewPoor product and customer service. Dishonest brokers.
I had the worst experience with An Aussie broker they needed two extensions and then came back saying you can’t service these loans. I had already spoken with a different firm and my refinance for current property and new loan for investment were all unconditionally approved within 10 days. Unfortunately the house I was buying fell through due to having to get extensions for Aussie so I am back to looking again but with finance approved. I ended up with better interest rates and far superior service. My complaints to Aussie regarding the broker fell on deaf ears they don’t like complaints. My advice is to stay away it was very obvious the broker I was dealing with has very little understanding and if you are a government working and salary sacrifice then you will be battling with people who don’t understand how this works or how reimbursement works. Just don’t go there do your due diligence because that was my mistake I didn’t when I got involved with them.
Read full reviewI had the worst experience with An Aussie broker they needed two extensions and then came back saying you can’t service these loans. I had already spoken with a different firm and my refinance for current property and new loan for investment were all unconditionally approved within 10 days. Unfortunately the house I was buying fell through due to having to get extensions for Aussie so I am back to looking again but with finance approved. I ended up with better interest rates and far superior service. My complaints to Aussie regarding the broker fell on deaf ears they don’t like complaints. My advice is to stay away it was very obvious the broker I was dealing with has very little understanding and if you are a government working and salary sacrifice then you will be battling with people who don’t understand how this works or how reimbursement works. Just don’t go there do your due diligence because that was my mistake I didn’t when I got involved with them.
Terrible customer service. Let down after let down. Worst experience I've ever had with any company over the phone, absolutely useless.
Read full reviewTerrible customer service. Let down after let down. Worst experience I've ever had with any company over the phone, absolutely useless.
Broker took 3 months to do a simple refinance. Complaint resolving is so poor and biased to their own staff.
Read full reviewBroker took 3 months to do a simple refinance. Complaint resolving is so poor and biased to their own staff.
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 mortgage brokers. Here’s a quick checklist of what info you’ll need when you apply: