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
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 80% | $100,000 | $5,000,000 |
| | Owner Occupier | Principal & Interest | 80%-95% | $100,000 | $5,000,000 |
| | Owner Occupier | Interest Only | < 80% | $100,000 | $5,000,000 |
| | Investor | Principal & Interest | < 90% | $100,000 | $5,000,000 |
| | Investor | Interest Only | < 80% | $100,000 | $5,000,000 |
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
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 2.14% (2.47% comparison rate*) for owner occupiers and 2.79% (3.29% comparison rate*) for investors, you’ll have the security in always knowing your repayment amount over that period, plus with no application or service fees, you'll be able to keep some cash in your pocket as well!
Plus the Aussie Select Basic Fixed loan took home a 2021 Mozo Experts Choice Award in the Fixed Rate Home Loan and Split Home Loan categories - so it's got our seal of approval.
Looking for a loan that’s all about simplicity? Meet the Aussie Select Basic Home Loan. Let's break down the need-to-knows:
Owner-occupiers (P&I)
Investors
It's hard to look past this loan if you're buying an investment property. Not only did it take out a Mozo Experts Choice Award in the Investor Fixed Home Loan category, but investors can snag great rates in interest only and principal and interest loans.
- Principal and interest - 2.79% rate (3.29% comparison rate*) for a three year term. Loans are available for up to $5 million, with LVRs up to 90%. Not too shabby!
- Interest only - 2.84% rate (3.60% comparison rate*) for a three year term. Loans are available for up to $5 million, with LVRs up to 80%.
Whether you're an investor or buying a home to live in, there’s some great flexible features with this one.
First of all, you can choose to make your repayments on a fortnightly or monthly basis. You'll also be able 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.
There are no application or service fees on the Aussie Select Fixed Basic Home Loan, but there are discharge and legal fees to budget for.
The Aussie Select Basic Home Loan is a good choice for any Aussies looking to fix their loan for a short time and who aren’t too fussed with having a bunch of extra loan features. Considering this one is a Mozo Experts Choice Award winner in the Investor Fixed Home Loan category, we think investors in particular should take notice.
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.
n/a
n/a
n/a
n/a
2.19% (2.56%*)
1.99% (2.47%*)
2.14% (2.47%*)
2.19% (2.47%*)
2.29% (2.47%*)
n/a
n/a
2.55% p.a.
$0.00
$330.00
$0.00
$0.00
n/a
$0.00
$535.00
$100,000
$5,000,000
none
80.00%
Fortnightly, Monthly
yes - free up to 5% annually
no
no
$0.00
yes
no
Variable revert rate may vary depending on loan amount and LVR.
none
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.
n/a
n/a
n/a
n/a
2.19% (3.36%*)
1.99% (3.22%*)
2.14% (3.15%*)
2.19% (3.07%*)
2.29% (3.02%*)
n/a
n/a
3.44% p.a.
$0.00
$330.00
$0.00
$0.00
n/a
$0.00
$535.00
$100,000
$5,000,000
80.00%
95.00%
Fortnightly, Monthly
yes - free up to 5% annually
no
no
$0.00
yes
no
Variable revert rate may vary depending on loan amount and LVR.
none
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.
n/a
n/a
n/a
n/a
3.49% (3.39%*)
3.49% (3.40%*)
3.49% (3.39%*)
3.59% (3.46%*)
3.59% (3.47%*)
n/a
n/a
3.34% p.a.
$0.00
$330.00
$0.00
$0.00
n/a
$0.00
$535.00
$100,000
$5,000,000
none
80.00%
Fortnightly, Monthly
yes - free up to 5% annually
no
no
$0.00
yes
no
Variable revert rate may vary depending on loan amount and LVR.
none
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.
n/a
n/a
n/a
n/a
3.39% (3.47%*)
2.79% (3.36%*)
2.79% (3.29%*)
3.54% (3.51%*)
3.54% (3.51%*)
n/a
n/a
3.44% p.a.
$0.00
$330.00
$0.00
$0.00
n/a
$0.00
$535.00
$100,000
$5,000,000
none
90.00%
Fortnightly, Monthly
yes - free up to 5% annually
no
no
$0.00
yes
no
Variable revert rate may vary depending on loan amount and LVR.
none
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.
n/a
n/a
n/a
n/a
3.54% (3.62%*)
2.84% (3.49%*)
2.84% (3.60%*)
3.74% (3.67%*)
3.74% (3.68%*)
n/a
n/a
3.59% p.a.
$0.00
$330.00
$0.00
$0.00
n/a
$0.00
$535.00
$100,000
$5,000,000
none
80.00%
Fortnightly, Monthly
yes - free up to 5% annually
no
no
$0.00
yes
no
Variable revert rate may vary depending on loan amount and LVR.
none
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.
Deceitful , untrustworthy !
Read full reviewDeceitful , untrustworthy !
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!
Read full reviewWe 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!
Awesome
Read full review
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.
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fixed 3 years
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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.
