Rates and fees verified as correct at 16 April, 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 |
|---|---|---|---|---|---|
| 2.14% p.a. | 3.15% p.a. | $0.00 | $330 | ||
| 3.49% p.a. | 3.39% p.a. | $0.00 | $330 | ||
| 2.14% p.a. | 2.47% p.a. | $0.00 | $330 | ||
| 2.84% p.a. | 3.60% p.a. | $0.00 | $330 | ||
| 2.79% p.a. | 3.29% 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 |
|---|---|---|---|---|---|
| 3.44% p.a. | 3.46% 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 | ||
| 4.04% p.a. | 4.06% p.a. | $0.00 | $330 | ||
| 4.34% p.a. | 4.36% p.a. | $0.00 | $330 | ||
| 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 | ||
| 3.14% p.a. | 3.18% p.a. | $0.00 | $330 | ||
| 3.34% p.a. | 3.37% p.a. | $0.00 | $330 | ||
| 2.55% p.a. | 2.57% p.a. | $0.00 | $330 | ||
| 3.44% p.a. | 3.47% p.a. | $0.00 | $330 | ||
| 3.44% p.a. | 3.46% p.a. | $0.00 | $330 | ||
| 3.79% p.a. | 3.81% p.a. | $0.00 | $330 | ||
| 4.04% p.a. | 4.06% p.a. | $0.00 | $330 | ||
| 4.34% p.a. | 4.36% 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 | ||
| 3.84% p.a. | 3.87% p.a. | $0.00 | $330 | ||
| 3.44% p.a. | 3.47% p.a. | $0.00 | $330 | ||
| 3.49% p.a. | 3.52% p.a. | $0.00 | $330 | ||
| 2.99% 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.
174 Reviews
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.
Please don’t make the same mistake we did. Unfortunately we called Aussie Homeloans and I spoke with a very nice seeming broker, everything I said seemed like no problem. That’s what he said from the start, looks good and not a problem. He said all our documents looked great! He seemed very confident at every step of the way. When our application was held up for weeks because Aussie Homeloans was updating their software he assured me it was all fine. Weeks passed and I became more and more nervous, every time I got in touch I was assured things were being expedited, they were advancing, they were in the final stages. The day before our finance needed to be unconditional I received a text message to say it had been declined. I asked what did we do now? Could I get more money? Could I pay off my car? The broker said there was nothing we could do, Aussie Homeloans had decided they didn’t believe we could service a loan, any loan. I tried to speak to someone at the lenders office and they simply connected me back to the broker where no questions were answered. No one cared. With 24 hours left I contacted a proper mortgage broker and he went over everything with me, explained where we went wrong and I can’t believe we wasted so much time with Aussie. We are in the incredible position of privilege that my mum and dad have been able to buy our house while we work with a broker to secure our finance for down the track. Please don’t put your own future at risk, take heed and see a professional. After I contacted the conveyancer to tell them they said it’s unfortunately a common problem with Aussie and the agent had far more colourful things to say about them. Live and learn!
Read full reviewPlease don’t make the same mistake we did. Unfortunately we called Aussie Homeloans and I spoke with a very nice seeming broker, everything I said seemed like no problem. That’s what he said from the start, looks good and not a problem. He said all our documents looked great! He seemed very confident at every step of the way. When our application was held up for weeks because Aussie Homeloans was updating their software he assured me it was all fine. Weeks passed and I became more and more nervous, every time I got in touch I was assured things were being expedited, they were advancing, they were in the final stages. The day before our finance needed to be unconditional I received a text message to say it had been declined. I asked what did we do now? Could I get more money? Could I pay off my car? The broker said there was nothing we could do, Aussie Homeloans had decided they didn’t believe we could service a loan, any loan. I tried to speak to someone at the lenders office and they simply connected me back to the broker where no questions were answered. No one cared. With 24 hours left I contacted a proper mortgage broker and he went over everything with me, explained where we went wrong and I can’t believe we wasted so much time with Aussie. We are in the incredible position of privilege that my mum and dad have been able to buy our house while we work with a broker to secure our finance for down the track. Please don’t put your own future at risk, take heed and see a professional. After I contacted the conveyancer to tell them they said it’s unfortunately a common problem with Aussie and the agent had far more colourful things to say about them. Live and learn!
Only interested in you when you start out if you want to reduce you loans the fees come thick and fast. Dont reply to complaints and have poor customer service when they have your loan in place.
Read full reviewOnly interested in you when you start out if you want to reduce you loans the fees come thick and fast. Dont reply to complaints and have poor customer service when they have your loan in place.
My Finalcial Management Ravneet Dhiman.he is very good Agent.he always give us guide from 6 months until settlement.I am so happy for happy.very reliable person.
Read full reviewMy Finalcial Management Ravneet Dhiman.he is very good Agent.he always give us guide from 6 months until settlement.I am so happy for happy.very reliable person.
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:
