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Aussie Select Basic (Fixed)

Advertiser disclosure

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 70%

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 principal & interest loan between $100,000 and $5,000,000 with an LVR below 90%

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 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 < 70%

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

  • Owner Occupier (Principal & Interest)

    LVR 70%-80%

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

  • Owner Occupier (Principal & Interest)

    LVR 90%-95%

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

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

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

  • Owner Occupier (Interest Only)

    LVR < 80%

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

  • Investor (Principal & Interest)

    LVR < 80%

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

  • Investor (Principal & Interest)

    LVR 80%-90%

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

  • Investor (Interest Only)

    LVR < 80%

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

Fixed 3 year rate
2.34% p.a.
Comparison Rate
2.32% p.a.
Service fee
$0.00
Upfront fee
$330
Fixed 3 year rate
2.34% p.a.
Comparison Rate
2.41% p.a.
Service fee
$0.00
Upfront fee
$330
Fixed 3 year rate
2.39% p.a.
Comparison Rate
3.02% p.a.
Service fee
$0.00
Upfront fee
$330
Fixed 3 year rate
2.39% p.a.
Comparison Rate
2.73% p.a.
Service fee
$0.00
Upfront fee
$330
Fixed 3 year rate
3.34% p.a.
Comparison Rate
2.57% p.a.
Service fee
$0.00
Upfront fee
$330
Fixed 3 year rate
2.54% p.a.
Comparison Rate
2.59% p.a.
Service fee
$0.00
Upfront fee
$330
Fixed 3 year rate
2.64% p.a.
Comparison Rate
3.14% p.a.
Service fee
$0.00
Upfront fee
$330
Fixed 3 year rate
2.69% p.a.
Comparison Rate
2.95% p.a.
Service fee
$0.00
Upfront fee
$330

Mozo editorial review Aussie Select Basic (Fixed) - last updated: 21 July 2021

binocular icon
What's hot
  • 2.19% fixed three year rate for owner occupiers (2.32% comparison rate*)
  • Free extra repayments, up to 5% annually
  • Two 2021 Mozo Experts Choice Awards
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 2.19% (2.32% comparison rate*) for owner occupiers and 2.54% (3.09% 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.


key icon
Key features

Looking for a loan that’s all about simplicity? Meet the Aussie Select Basic Home Loan. Let's break down the need-to-knows.

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.

snapshot
Who is it good 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.

question icon
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 1 August 2021. 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

n/a

n/a

n/a

n/a

2.19% (2.32%*)

2.04% (2.29%*)

2.34% (2.32%*)

2.54% (2.41%*)

2.74% (2.50%*)

n/a

n/a

2.29% p.a.
Fees

$0.00

$330.00

$0.00

$0.00

n/a

$0.00

$535.00
Other financial bits

$100,000

$5,000,000

none

70.00%
Features

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.

Details

Rates and fees information correct as at 1 August 2021. 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

n/a

n/a

n/a

n/a

2.19% (2.41%*)

2.09% (2.38%*)

2.34% (2.41%*)

2.54% (2.47%*)

2.74% (2.56%*)

n/a

n/a

2.39% p.a.
Fees

$0.00

$330.00

$0.00

$0.00

n/a

$0.00

$535.00
Other financial bits

$100,000

$5,000,000

70.00%

80.00%
Features

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.

Details

Rates and fees information correct as at 1 August 2021. 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

n/a

n/a

n/a

n/a

2.29% (3.14%*)

2.19% (3.05%*)

2.39% (3.02%*)

2.89% (3.13%*)

2.99% (3.15%*)

n/a

n/a

3.19% p.a.
Fees

$0.00

$330.00

$0.00

$0.00

n/a

$0.00

$535.00
Other financial bits

$100,000

$5,000,000

90.00%

95.00%
Features

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.

Details

Rates and fees information correct as at 1 August 2021. 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

n/a

n/a

n/a

n/a

2.29% (2.78%*)

2.09% (2.71%*)

2.39% (2.73%*)

2.69% (2.79%*)

2.84% (2.85%*)

n/a

n/a

2.79% p.a.
Fees

$0.00

$330.00

$0.00

$0.00

n/a

$0.00

$535.00
Other financial bits

$100,000

$5,000,000

80.00%

90.00%
Features

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.

Details

Rates and fees information correct as at 1 August 2021. 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

n/a

n/a

n/a

n/a

3.49% (3.07%*)

3.34% (3.09%*)

3.34% (2.57%*)

3.44% (3.17%*)

3.44% (3.20%*)

n/a

n/a

2.99% p.a.
Fees

$0.00

$330.00

$0.00

$0.00

n/a

$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

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.

Details

Rates and fees information correct as at 1 August 2021. 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

n/a

n/a

n/a

n/a

3.39% (2.70%*)

2.44% (2.60%*)

2.54% (2.59%*)

3.09% (2.79%*)

3.54% (3.00%*)

n/a

n/a

2.59% p.a.
Fees

$0.00

$330.00

$0.00

$0.00

n/a

$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

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.

Details

Rates and fees information correct as at 1 August 2021. 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

n/a

n/a

n/a

n/a

3.39% (3.33%*)

2.64% (3.21%*)

2.64% (3.14%*)

3.39% (3.36%*)

3.39% (3.36%*)

n/a

n/a

3.29% p.a.
Fees

$0.00

$330.00

$0.00

$0.00

n/a

$0.00

$535.00
Other financial bits

$100,000

$5,000,000

80.00%

90.00%
Features

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.

Details

Rates and fees information correct as at 1 August 2021. 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

n/a

n/a

n/a

n/a

3.54% (3.07%*)

2.69% (2.97%*)

2.69% (2.95%*)

3.59% (3.22%*)

3.59% (3.26%*)

n/a

n/a

2.99% p.a.
Fees

$0.00

$330.00

$0.00

$0.00

n/a

$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

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.

Customer Reviews

How are Aussie home loans rated by the Mozo community?

Overall
6.7/10
Price
6.9/10
Features
6.4/10
Customer service
6.8/10
Convenience
6.7/10
Trust
6.6/10
Based on 178 Aussie home loan reviews

Latest reviews of Aussie Select Basic (Fixed) Home Loan

About Aussie

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.

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