Aussie Select Basic (Fixed)

The details shown below are for an owner occupier taking out a principal & interest loan between $100,000 and $5,000,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan between $100,000 and $5,000,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan between $100,000 and $5,000,000 with an LVR below 80%

The details shown below are for an investor taking out a principal, &, interest loan between $100,000 and $5,000,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan between $100,000 and $5,000,000 with an LVR below 80%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $100,000 $5,000,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-95%

    Loan: $100,000 $5,000,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $100,000 $5,000,000

  • Investor (Principal, &, Interest)

    LVR < 90%

    Loan: $100,000 $5,000,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $100,000 $5,000,000

3.96% p.a.

4.02% p.a.

$0.00

Aussie Select Basic (Fixed)

3.96% p.a.

4.02% p.a.

$0.00

3.96% p.a.

4.24% p.a.

$0.00

Aussie Select Basic (Fixed)

3.96% p.a.

4.24% p.a.

$0.00

4.19% p.a.

4.41% p.a.

$0.00

Aussie Select Basic (Fixed)

4.19% p.a.

4.41% p.a.

$0.00

4.09% p.a.

4.49% p.a.

$0.00

Aussie Select Basic (Fixed)

4.09% p.a.

4.49% p.a.

$0.00

4.09% p.a.

4.82% p.a.

$0.00

Aussie Select Basic (Fixed)

4.09% p.a.

4.82% p.a.

$0.00

Mozo Review   Aussie Select Basic (Fixed) Review

Last updated: 1 March 2019.

What's hot:
  • 3.96% fixed three year rate (4.02% comparison rate*)

  • No service or application fee

  • Free extra repayments, up to 5% annually

What's not:
  • No redraw facility or offset account

  • $535 discharge fee

Mozo snapshot:

Many people prefer to keep things simple, especially their financial products. And if that sounds like you, then you might want to know about the Aussie Select Basic Home Loan. With a fixed three year rate of 3.96% (4.02% comparison rate*), you’ll have the security in always knowing your repayment amount over that period. And with no application or service fees, you'll be able to keep some cash in your pocket as well!


Key features:

Looking for a loan that’s all about simplicity? Meet the Aussie Select Basic Home Loan. With this loan, you’ll get a 3.96% fixed three rate (4.02% comparison rate*), but you’ll need a 20% deposit in order to apply. Plus there’s great flexibility with your loan repayments, as you’ll be able to make your repayments on a fortnightly or monthly basis. But what really makes this loan worth a look is the highly competitive 3.99% revert rate - however, the rate you receive will depend on the amount you borrow and the LVR.

You’ll also pay no application or service fees on the loan, and have the option to make free extra repayments, up to 5% annually. But keep in mind that there is no redraw facility with this loan, so if you do choose to make extra repayments, you won’t be able to redraw the money. There is also no offset account attached to the Aussie Select Basic Home Loan.

And while you won’t have to pay any account keeping fees, there is a considerable $535 discharge and $330 legal fee.


Who it's good for:

The Aussie Select Basic Home Loan is a good choice for Aussies looking to fix their loan for a short time and aren’t too fussed with having extra loan features.


Any catches?

Although you are able to make extra repayments to your loan, you will not be able to redraw any of these funds. And once you pay off your loan, you will need to factor in the $535 discharge fee as a final cost.

Details

Rates and fees information correct as at 20 March 2019. 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
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 3.79% (4.01%*)

  • 3.86% (4.00%*)

  • 3.96% (4.02%*)

  • 4.19% (4.09%*)

  • 4.29% (4.15%*)

  • (*)

  • (*)

  • 3.99% p.a.

Fees
  • $0.00

  • $330.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $535.00

Other financial bits
  • $100,000

  • $5,000,000

  • none

  • 80.00%

Features
  • Fortnightly, Monthly

  • yes - free up to 5% annually

  • no

  • no

  • $0.00

  • no

  • no

  • none

  • Variable revert rate may vary depending on loan amount and LVR.

*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 20 March 2019. 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
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 3.79% (4.28%*)

  • 3.86% (4.25%*)

  • 3.96% (4.24%*)

  • 4.19% (4.29%*)

  • 4.29% (4.32%*)

  • (*)

  • (*)

  • 4.29% p.a.

Fees
  • $0.00

  • $330.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $535.00

Other financial bits
  • $100,000

  • $5,000,000

  • 80.00%

  • 95.00%

Features
  • Fortnightly, Monthly

  • yes - free up to 5% annually

  • no

  • no

  • $0.00

  • no

  • no

  • none

  • Variable revert rate may vary depending on loan amount and LVR.

*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 20 March 2019. 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
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.19% (4.45%*)

  • 4.19% (4.43%*)

  • 4.19% (4.41%*)

  • 4.39% (4.46%*)

  • 4.49% (4.49%*)

  • (*)

  • (*)

  • 4.44% p.a.

Fees
  • $0.00

  • $330.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $535.00

Other financial bits
  • $100,000

  • $5,000,000

  • none

  • 80.00%

Features
  • Fortnightly, Monthly

  • yes - free up to 5% annually

  • no

  • no

  • $0.00

  • no

  • no

  • none

  • Variable revert rate may vary depending on loan amount and LVR.

*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 20 March 2019. 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
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 3.99% (4.57%*)

  • 3.94% (4.50%*)

  • 4.09% (4.49%*)

  • 4.29% (4.52%*)

  • 4.49% (4.58%*)

  • (*)

  • (*)

  • 4.59% p.a.

Fees
  • $0.00

  • $330.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $535.00

Other financial bits
  • $100,000

  • $5,000,000

  • none

  • 90.00%

Features
  • Fortnightly, Monthly

  • yes - free up to 5% annually

  • no

  • no

  • $0.00

  • no

  • no

  • Variable revert rate may vary depending on loan amount and LVR.

  • 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 20 March 2019. 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
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.19% (4.99%*)

  • 4.09% (4.90%*)

  • 4.09% (4.82%*)

  • 4.69% (4.95%*)

  • 4.69% (4.93%*)

  • (*)

  • (*)

  • 5.04% p.a.

Fees
  • $0.00

  • $330.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $535.00

Other financial bits
  • $100,000

  • $5,000,000

  • none

  • 80.00%

Features
  • Fortnightly, Monthly

  • yes - free up to 5% annually

  • no

  • no

  • $0.00

  • no

  • no

  • Variable revert rate may vary depending on loan amount and LVR.

  • 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.

Customer Reviews

How are Aussie home loans rated by the Mozo community?

Overall customer rating
7.1/10
Price
7.2/10
Features
6.6/10
Customer service
7.2/10
Convenience
6.9/10
Trust
7.0/10

Latest reviews of Aussie Select Basic (Fixed)

  • Overall
    0/10
    Worst customer service I have experienced

    Deceitful , untrustworthy !

    Deceitful , untrustworthy !

    Price
    4/10
    Features
    2/10
    Customer service
    0/10
    Convenience
    0/10
    Trust
    0/10

    Gary | New South Wales

    reviewed over 3 years ago

  • Overall
    0/10
    Terrible bank

    We went to Aussie to refinance and we did get cheaper with Aussie! The guy we dealt with was...

    We went to Aussie to refinance and we did get cheaper with Aussie! The guy we dealt with was awesome, easy to deal with. The headquarters on the other hand have stuffed us around so much, not willing to help us and honestly seem to be scared to go out their way to help, I honestly wish we didn't go to Aussie!

    Price
    5/10
    Features
    5/10
    Customer service
    0/10
    Convenience
    0/10
    Trust
    0/10

    Kirstie | Victoria

    reviewed almost 4 years ago

  • Overall
    10/10
    Yea

    Awesome

    Awesome

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    -1/10

    Jam | Queensland

    reviewed about 4 years ago

Aussie

About Aussie

Aussie Home Loans has been giving the big banks a run for their money for over 20 years. "Aussie John" Symond founded Aussie Home Loans in 1992 to shake up the home loans market, attracting hundreds of thousands of customers around Australia. Aussie Home Loans has since expanded into a national mortgage broking service as well as Aussie-branded credit cards, car loans, personal loans and insurance to give consumers a banking alternative. Aussie's Low Rate credit cards continue to challenge the value consumers receive with new benefits that provide value where consumers need it most - low purchase rates and low fees.

See Aussie home loans

Promoted

HSBC

HSBC

Home Value Loan

3.59% p.a. variable

3.61% p.a.

$150

Promoted

UBank

UBank

UHomeLoan - Discount Offer

3.59% p.a. variable

3.59% p.a.

$0

Promoted

Athena

Athena

Variable Home Loan

3.49% p.a. variable

3.51% p.a.

$488

Promoted

Virgin Money

Virgin Money

Reward Me Variable Rate Home Loan

3.69% p.a. variable

3.83% p.a.

$150

Promoted

Bank Australia

Bank Australia

Basic Home Loan

3.76% p.a. variable

3.77% p.a.

$0

Promoted

Bank First

Bank First

First Rate Home Loan

3.72% p.a. variable

3.77% p.a.

$600

Promoted

loans.com.au

loans.com.au

Smart Home Loan

3.48% p.a. variable

3.50% p.a.

$520

Promoted

Hunter United

Hunter United

Interest Only Home Loan

3.99% p.a. variable

3.99% p.a.

$0

Promoted

loans.com.au

loans.com.au

Smart Home Loan

3.48% p.a.

3.50% p.a.

$520

Promoted

HSBC

HSBC

Home Value Loan

3.59% p.a.

3.61% p.a.

$150

Promoted

Athena

Athena

Variable Home Loan

3.49% p.a.

3.51% p.a.

$488

Promoted

ME

ME

Basic Home Loan

3.97% p.a.

3.99% p.a.

$400

Promoted

NAB

NAB

Base Variable Rate Home Loan

3.79% p.a.

3.83% p.a.

$600

Promoted

Virgin Money

Virgin Money

Reward Me Variable Rate Home Loan

3.69% p.a.

3.83% p.a.

$150

Promoted

Hunter United

Hunter United

Interest Only Home Loan

3.99% p.a.

3.99% p.a.

$0

Promoted

Heritage Bank

Heritage Bank

Discount Variable Home Loan

3.67% p.a.

3.69% p.a.

$150

Promoted

loans.com.au

loans.com.au

Smart Loan Fixed (Package)

3.89% p.a.
fixed 3 years

3.93% p.a.

$520

Promoted

Virgin Money

Virgin Money

Reward Me Fixed Rate Home Loan - First Home Buyer Special

n/a

n/a

$0

Promoted

ME

ME

Flexible Home Loan (Fixed)

4.14% p.a.
fixed 3 years

4.87% p.a.

$400

Promoted

UBank

UBank

UHomeLoan (Fixed)

3.74% p.a.
fixed 3 years

4.01% p.a.

$395

Promoted

NAB

NAB

Tailored Home Loan (Fixed, Choice Package)

3.89% p.a.
fixed 3 years

4.92% p.a.

$0

Promoted

Bankwest

Bankwest

Complete Fixed Home Loan (Package)

3.98% p.a.
fixed 3 years

4.52% p.a.

$250

Promoted

Bank of Queensland

Bank of Queensland

Fixed Rate

3.79% p.a.
fixed 3 years

4.51% p.a.

$450

Promoted

UBank

UBank

UHomeLoan (Fixed)

3.74% p.a.
fixed 3 years

4.01% p.a.

$395

*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.