6.5/10

Based on 447 Aussie product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.

Aussie home loans

Aussie was founded in 1992, and now has over 900 brokers and 200 retail stores all around Australia. Ever since its inception, Aussie has been for the little guy, and aims to make owning your own home more affordable, by challenging the big banks on everything from home loan rates, to features, to customer service.

Whether you’re a first home buyer looking to break into the property market or a long-time investor shopping for your next project, make it happen with a competitive home loan from Aussie. Plus home buyers will be happy to hear that Aussie is an award winner - taking home a medal in the 2022 Mozo Experts Choice Home Loan Awards in the best First Home Buyer category.

What home loans do Aussie offer?

Rates and fees verified as correct at 18 May 2024. Other information correct at the time of writing. Advertiser disclosure.

Fixed Rate Home Loans

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. 

Home loan repayments calculator

years

Product Fixed 3 year rate Comparison Rate Service fee Upfront fee Monthly repayments

6.79% p.a.

6.33% p.a.

$0.00

$498

6.29% p.a.

6.19% p.a.

$0.00

$498

6.09% p.a.

6.17% p.a.

$0.00

$330

6.39% p.a.

6.42% p.a.

$0.00

$330

6.79% p.a.

7.03% p.a.

$0.00

$330

6.09% p.a.

6.17% p.a.

$0.00

$330

6.59% p.a.

6.59% p.a.

$0.00

$330

6.64% p.a.

6.53% p.a.

$0.00

$498

6.49% p.a.

6.49% p.a.

$0.00

$498

6.60% p.a.

7.15% p.a.

$0.00

$330

6.59% p.a.

7.08% p.a.

$0.00

$330

6.60% p.a.

6.55% p.a.

$0.00

$330

6.39% p.a.

6.36% p.a.

$0.00

$330

Variable Rate Home Loans

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).

Home loan repayments calculator

years

Product Rate Comparison Rate Service fee Upfront fee Monthly repayments

6.94% p.a.

6.96% p.a.

$0.00

$330

7.04% p.a.

7.06% p.a.

$0.00

$330

7.14% p.a.

7.16% p.a.

$0.00

$330

7.44% p.a.

7.46% p.a.

$0.00

$330

7.64% p.a.

7.67% p.a.

$0.00

$330

8.04% p.a.

8.07% p.a.

$0.00

$330

8.24% p.a.

8.27% p.a.

$0.00

$330

6.84% p.a.

6.86% p.a.

$0.00

$330

7.73% p.a.

7.77% p.a.

$0.00

$498

7.23% p.a.

7.27% p.a.

$0.00

$498

6.39% p.a.

6.43% p.a.

$0.00

$498

6.09% p.a.

6.20% p.a.

$0.00

$498

6.19% p.a.

6.22% p.a.

$0.00

$330

6.19% p.a.

6.22% p.a.

$0.00

$330

6.39% p.a.

6.42% p.a.

$0.00

$330

6.54% p.a.

6.57% p.a.

$0.00

$330

6.19% p.a.

6.22% p.a.

$0.00

$330

6.54% p.a.

6.57% p.a.

$0.00

$330

7.09% p.a.

7.12% p.a.

$0.00

$330

7.19% p.a.

7.23% p.a.

$0.00

$498

6.74% p.a.

6.78% p.a.

$0.00

$498

6.88% p.a.

6.92% p.a.

$0.00

$498

6.43% p.a.

6.47% p.a.

$0.00

$498

6.34% p.a.

6.37% p.a.

$0.00

$330

6.49% p.a.

6.52% p.a.

$0.00

$330

6.49% p.a.

6.52% p.a.

$0.00

$330

7.34% p.a.

7.37% p.a.

$0.00

$330

7.24% p.a.

7.27% p.a.

$0.00

$330

6.49% p.a.

6.52% p.a.

$0.00

$330

6.34% p.a.

6.37% p.a.

$0.00

$330

6.49% p.a.

6.52% p.a.

$0.00

$330

Aussie home loan features in a glance

Image of coins

Repayment flexibility 

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. 

Repayment Icon

Extra repayments feature

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%.

Free icon

Redraw facility

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. 

Award icon

Easy access

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.

Award icon

A wide range of options

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.

How are Aussie home loans rated?

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.

Icon of home-loans
Aussie home loans customer reviews
Overall
6.7/10
Price
6.9/10
Features
6.4/10
Customer service
6.8/10
Convenience
6.7/10
Trust
6.7/10
Based on 186 Aussie product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Recent Aussie home loan reviews

Aussie Select Basic Variable
Overall 10/10
Aussie to the rescue.

Aussie were amazing, we had a situation where one of the brokers messed up our application and then took off, when we were a week out of exchanging contracts we discovered this. We thought we had already had everything approved. After contacting Aussie we'd discovered what had happened and they were amazing, in one week, they rushed us through and got our approval for us 20 minutes before we were exchanging contracts. It was such a stressful time and Aussie came to the rescue and my partner and I successfully purchased our first home.

Read full review

Aussie were amazing, we had a situation where one of the brokers messed up our application and then took off, when we were a week out of exchanging contracts we discovered this. We thought we had already had everything approved. After contacting Aussie we'd discovered what had happened and they were amazing, in one week, they rushed us through and got our approval for us 20 minutes before we were exchanging contracts. It was such a stressful time and Aussie came to the rescue and my partner and I successfully purchased our first home.

Price
9/10
Features
7/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Heather, New South Wales, reviewed 2 months ago
Aussie Select Basic (Fixed)
Overall 10/10
Great home loan provider

We have been with Aussie for 2 years, 1 of those years has been in a fixed rate. We have never had any issues with Aussie when we have had to call them.

Read full review

We have been with Aussie for 2 years, 1 of those years has been in a fixed rate. We have never had any issues with Aussie when we have had to call them.

Price
10/10
Features
7/10
Customer service
9/10
Convenience
9/10
Trust
9/10
Less
Hayley, Queensland, reviewed 11 months ago
Aussie Select Basic Variable
Overall 1/10
Crap

What a unprofessional set up poor service. Promises then can't do lies. Took 3 weeks to even look at my documents no I loose the sale what a crap service. Mr symons would be discussed as he built a reliable home loan company. Then along comes CBA bank crap bank cant careless about the custermer.. CBA shame and guilt to you. Aussie home loans just crap.

Read full review

What a unprofessional set up poor service. Promises then can't do lies. Took 3 weeks to even look at my documents no I loose the sale what a crap service. Mr symons would be discussed as he built a reliable home loan company. Then along comes CBA bank crap bank cant careless about the custermer.. CBA shame and guilt to you. Aussie home loans just crap.

Price
1/10
Features
1/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Darren, New South Wales, reviewed over 1 year ago
Aussie Home Loan
Overall 1/10
Pathetic Company to deal with .. Stay away

We had a bad experience working with Aussie brokers who doesn't have any understanding of the product that they were offering to customers, they had a long(took 3 months for refinancing) and accurate process of checking all the documents and background of the Customer taking the loan, but doesn't know or have any process to make sure that the product that is offered is as per Customer requirements or not. Last year, I had taken a Variable product from a Big 4 Bank where I was mentioned that I am being offered a Honeymoon rate of 2.29%(rate locked though it is Variable) for 2 years(attached the screenshot from Aussie agreement), with no offset and a redraw option, blindly with the trust on the broker and the documentation(between me and Aussie), I had taken this loan though there were fixed products available at 1.98 for 2 years as I was not interested to get locked. Everything was was good until RBA started raising the Cash rate, when the Cash rate Started raising, interest being charged on my loan also started increasing, When I reached out to Aussie on this, they were helpless, and as the Broker who had worked with me had left, they asked me to reach out to Bank. Aussie documents clearly say that my rate(Honeymoon) is locked for 2 years, but the bank conditions are a bit complex to understand which the agent did not understand and conveyed to me in the wrong way. As per Bank, I am being offered a discount of 1.64% for 2 years on their interest rate of 3.93% as per this my rate is mentioned as 2.29%. Now as the Cash rate is raised, my current interest rate is turned to 3.54%. From my experience working with Aussie, they don't get or provide any value addition to borrowers, they are just like postmen (with little or no knowledge) between borrowers and lenders taking a cut and don't take any responsibility when we run into any issue like that of mine. I raised this issue with AFCA hoping they could help me. So please try to avoid going with Aussie, instead, go directly with Bank if you can do research online and can shortlist, if you cannot shortlist online go with an independent broker who can always be reachable and answerable to you if you face any issue.

Read full review

We had a bad experience working with Aussie brokers who doesn't have any understanding of the product that they were offering to customers, they had a long(took 3 months for refinancing) and accurate process of checking all the documents and background of the Customer taking the loan, but doesn't know or have any process to make sure that the product that is offered is as per Customer requirements or not. Last year, I had taken a Variable product from a Big 4 Bank where I was mentioned that I am being offered a Honeymoon rate of 2.29%(rate locked though it is Variable) for 2 years(attached the screenshot from Aussie agreement), with no offset and a redraw option, blindly with the trust on the broker and the documentation(between me and Aussie), I had taken this loan though there were fixed products available at 1.98 for 2 years as I was not interested to get locked. Everything was was good until RBA started raising the Cash rate, when the Cash rate Started raising, interest being charged on my loan also started increasing, When I reached out to Aussie on this, they were helpless, and as the Broker who had worked with me had left, they asked me to reach out to Bank. Aussie documents clearly say that my rate(Honeymoon) is locked for 2 years, but the bank conditions are a bit complex to understand which the agent did not understand and conveyed to me in the wrong way. As per Bank, I am being offered a discount of 1.64% for 2 years on their interest rate of 3.93% as per this my rate is mentioned as 2.29%. Now as the Cash rate is raised, my current interest rate is turned to 3.54%. From my experience working with Aussie, they don't get or provide any value addition to borrowers, they are just like postmen (with little or no knowledge) between borrowers and lenders taking a cut and don't take any responsibility when we run into any issue like that of mine. I raised this issue with AFCA hoping they could help me. So please try to avoid going with Aussie, instead, go directly with Bank if you can do research online and can shortlist, if you cannot shortlist online go with an independent broker who can always be reachable and answerable to you if you face any issue.

Price
1/10
Features
2/10
Customer service
1/10
Convenience
1/10
Less
Santosh, New South Wales, reviewed over 1 year ago
Aussie Home Loan
Overall 10/10
Aussie Gawler & Ben is the way to go!

“Helpful, concise, friendly & genuine. Ben from Aussie Gawker helped me understand the process, gave me information I needed as I needed it so I could get everything together in an orderly fashion. Ben is super friendly, knowledgeable and understands my needs. I would recommend Ben to everyone.”

Read full review

“Helpful, concise, friendly & genuine. Ben from Aussie Gawker helped me understand the process, gave me information I needed as I needed it so I could get everything together in an orderly fashion. Ben is super friendly, knowledgeable and understands my needs. I would recommend Ben to everyone.”

Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Jane, New South Wales, reviewed over 2 years ago

What do you need to apply for a Aussie home loan?

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:

Home loan quick links