Auswide Bank home loans

Auswide Bank
Auswide Bank's overall rating for home loans

(as rated by the Mozo community)

6.6 / 10

based on 17 reviews

Auswide Bank is proof that good things come in small packages. They’ve been around for over 50 years, and in that time, have carved out a niche for themselves as a homegrown, down-to-earth alternative to the big banks. Check out the details about Auswide Bank home loans below and see for yourself why going small can make a big difference.

Rates and fees verified as correct at 04 December, 2016. Other information correct at the time of writing.

What home loans do Auswide Bank offer?

Fixed Rate Home Loans Fixed Rate Home Loans

Want the security of knowing your interest rate is locked in for a set time? Check out Auswide Bank’s fixed rate home loan offer for amounts up to $3,500,000 and LVRs up to 95%. This loan comes with an application, settlement and monthly service fees, but in return, you get the full gamut of flexible features, including the use of an offset account, the opportunity to take a repayment holiday, use of a redraw facility (but remember a minimum does apply), plus the option to make unlimited additional repayments at no extra cost. But if you’re nearing the end of your home loan term be careful when making extra repayments, as you may incur a penalty for repaying the entire amount before the fixed term is up.

Home loan repayments calculator
years
Product Fixed 3 year rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

4.89% p.a.

5.61% p.a.

$10.00 monthly

$750

4.49% p.a.

5.50% p.a.

$10.00 monthly

$750

4.44% p.a.

5.26% p.a.

$10.00 monthly

$750


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Variable Rate Home Loans Variable Rate Home Loans

Opt for the variable home loan option from Auswide Bank, and you’ll get all the great benefits and features of the fixed rate alternative, including the use of an offset account and free redraw facility, along with added flexibility. You’ll pay a monthly service fee in addition to the application and settlement fees, but unlike the fixed rate version of this loan, there’s no danger of being hit with an early break fee when you make use of the unlimited, fee free extra repayments. Plus, you can tailor your repayment schedule by choosing to make monthly, fortnightly or weekly payments. The variable rate home loan is available for borrowers with an LVR of up to 95%, for amounts up to $3,500,000.

Home loan repayments calculator
years
Product Rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

3.99% p.a.

4.01% p.a.

$0.00

$300

5.65% p.a.

5.82% p.a.

$10.00 monthly

$750

5.33% p.a.

5.50% p.a.

$10.00 monthly

$750


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Fixed Package Home Loan Fixed Package Home Loan

Want to save on your Auswide Bank products while securing a great rate on your home loan? The Auswide Freedom Package is just what you need. The fixed rate version is available for amounts starting at $250,000, for up to 95% of the property’s value. Along with all the great features of the Auswide Bank fixed rate home loan, like unlimited free extra repayments, the use of an offset account and free redraw facility, you’ll also be able to cash in on discounted insurance from Auswide, including cover for your home and car. But it doesn’t stop there! You can also forget about annual fees on your Auswide everyday account, Platinum MasterCard and debit card, plus enjoy high rates on an Auswide term deposit.

Home loan repayments calculator
years
Product Fixed 3 year rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

4.79% p.a.

5.35% p.a.

$395.00 yearly

$150

4.79% p.a.

5.21% p.a.

$395.00 yearly

$150

4.79% p.a.

5.17% p.a.

$395.00 yearly

$150

3.89% p.a.

5.11% p.a.

$395.00 yearly

$150

3.89% p.a.

4.97% p.a.

$395.00 yearly

$150

3.89% p.a.

4.93% p.a.

$395.00 yearly

$150

4.34% p.a.

5.00% p.a.

$395.00 yearly

$150

4.34% p.a.

4.86% p.a.

$395.00 yearly

$150

4.34% p.a.

4.82% p.a.

$395.00 yearly

$150

4.34% p.a.

5.00% p.a.

$395.00 yearly

$150

4.34% p.a.

4.86% p.a.

$395.00 yearly

$150

4.34% p.a.

4.82% p.a.

$395.00 yearly

$150

3.69% p.a.

4.83% p.a.

$395.00 yearly

$150

3.69% p.a.

4.69% p.a.

$395.00 yearly

$150

3.69% p.a.

4.65% p.a.

$395.00 yearly

$150


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Variable Package Home Loan Variable Package Home Loan

Want all the Auswide Freedom Package benefits with the added flexibility of variable rates? You got it! The variable rate version of Auswide’s home loan package is much the same as its fixed rate counterpart, including discounts on home and car insurance and waived annual fees on the Auswide Platinum MasterCard, debit card and everyday transaction accounts. All the flexible features still apply, so you’ll have the full use of an offset account, fee free extra repayments and free redraw facility. If you opt for the Special Discount Freedom Package option, you’ll snag some killer interest rates, although you’ll only be able to borrow up to 90% of the property’s value if you’re an investor, or 80% for owner occupiers.

Home loan repayments calculator
years
Product Rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

5.45% p.a.

5.83% p.a.

$395.00 yearly

$150

5.02% p.a.

5.41% p.a.

$395.00 yearly

$150

4.82% p.a.

5.21% p.a.

$395.00 yearly

$150

4.77% p.a.

5.16% p.a.

$395.00 yearly

$150

4.70% p.a.

5.10% p.a.

$395.00 yearly

$150

4.50% p.a.

4.90% p.a.

$395.00 yearly

$150

4.45% p.a.

4.85% p.a.

$395.00 yearly

$150

3.98% p.a.

4.37% p.a.

$395.00 yearly

$150

3.79% p.a.

4.18% p.a.

$395.00 yearly

$150


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Line of Credit Line of Credit

Got a renovation in the works? Or maybe you’re eyeing off an investment property? Whatever your next spending goal, you can make it a reality with a line of credit mortgage from Auswide Bank. You can get your hands on up to 90% of the value of your property, up to $3,500,000, but you’ll have to contend with an application, settlement and monthly service fee for the privilege. There are plenty of convenient ways to access these funds, including at the ATM with your Auswide debit card and via online banking.

Product Rate Comparison Rate* Service fee Upfront fee

6.07% p.a.

n/a

$10.00 monthly

$750

5.80% p.a.

n/a

$10.00 monthly

$750

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Auswide Bank home loan features in a glance

Package discountsPackage discounts

Opt for the Auswide Freedom Package and you can cash in on discounts for your home, contents and car insurance, plus wave goodbye to annual fees on your Home Loan Plus, mortgage offset account, everyday account, Platinum credit card and debit card. Not to mention a boost to your Auswide term deposit interest rates.

Unlimited extra repaymentsUnlimited extra repayments

All Auswide Bank home loans - even the fixed rate options - allow you to make unlimited additional repayments at no extra cost. But if you choose a fixed rate option and pay off your entire mortgage early, you may incur a break cost fee.

Flexible repayment scheduleFlexible repayment schedule

Match your repayment schedule to when you get paid by choosing from weekly, fortnightly or monthly repayments on your Auswide Bank home loan.

100% offset account100% offset account

Keep your home loan costs low by making use of the full offset account available with any Auswide Bank home loan offer, except the line of credit mortgage.

How are Auswide Bank home loans rated?

So now you’ve seen all the facts and figures - but what about some real world experiences? Check out our customer reviews to see how Aussies have ranked Auswide Bank in areas like trust, customer service and price.

Auswide Bank home loans

Overall 6.6*

Price

Features

Customer service

Convenience

Trust

17 Reviews

* Overall rating based on reviews in the past 12 months.

Recent Auswide Bank home loan reviews Recent Auswide Bank home loan reviews

Auswide Bank

Auswide Bank home loan review

Overall rating   0 / 10

Terrible Bank, don't go with them.

In my life I have connection with 5 Australian banks for home loan, Auswide is the terrible bank in my life, I lost around $2000, as hidden fees , before sign contract, fesses in the contract, they said not applicable to me, after settlement,...

Full review

In my life I have connection with 5 Australian banks for home loan, Auswide is the terrible bank in my life, I lost around $2000, as hidden fees , before sign contract, fesses in the contract, they said not applicable to me, after settlement, everything they charge to me, and they charge higher interest, to correct this 4 weeks now still not solve the issue. Each their staff saying difference things and some times they don't know each other. To call them, it may take hours.

    Price   0 / 10

    Features   0 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

Liyo (SA), reviewed about 1 year ago

Auswide Bank

Auswide Bank home loan review

Overall rating   10 / 10

Great rates with good service

Great rates, good service but a little behind the times compared to the larger banks .

Full review

Great rates, good service but a little behind the times compared to the larger banks .

    Price   10 / 10

    Features   10 / 10

    Customer service   8 / 10

    Convenience   9 / 10

    Trust   10 / 10

Less

Glen (QLD), reviewed over 1 year ago

Auswide Bank

Auswide Bank Home Loan Plus (Owner Occupier) (Freedom Package) home loan review

Overall rating   9 / 10

Great customer satisfaction

Friendly staff who are only too willing to help in any way you may need, call into office, phone, or e-mail. I couldn't be happier.

Full review

Friendly staff who are only too willing to help in any way you may need, call into office, phone, or e-mail. I couldn't be happier.

    Price   8 / 10

    Features   4 / 10

    Customer service   9 / 10

    Convenience   8 / 10

    Trust   9 / 10

Less

Robin (QLD), reviewed over 1 year ago

Auswide Bank

Auswide Bank Line of Credit (Owner Occupier) home loan review

Overall rating   4 / 10

Online banking easy, customer service needs work

After being with this bank for nearly 20 years refinancing was nearly impossible, very difficult it would have been easier to go with another bank than refinance with the same bank, but they dragged the process out so long, miscommunication, we...

Full review

After being with this bank for nearly 20 years refinancing was nearly impossible, very difficult it would have been easier to go with another bank than refinance with the same bank, but they dragged the process out so long, miscommunication, we were left with no option at the time.

    Price   8 / 10

    Features   0 / 10

    Customer service   2 / 10

    Convenience   6 / 10

    Trust   7 / 10

Less

Rosalynd (QLD), reviewed over 1 year ago

Auswide Bank

Auswide Bank home loan review

Overall rating   9 / 10

Great up and coming bank with great service

My bank is always friendly and helpful, going out of their way for customer satisfaction. I bank with Auswide Bank.

Full review

My bank is always friendly and helpful, going out of their way for customer satisfaction. I bank with Auswide Bank.

    Price   8 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   7 / 10

    Trust   9 / 10

Less

Trish (QLD), reviewed over 1 year ago

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Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

* The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years, and applies only to this example. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

‡ Results from this calculation are estimates only as individual lenders apply different formulas. Actual repayments will depend on your individual circumstances and interest rate changes.

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.

What do you need to apply for a Auswide Bank home loan? What do you need to apply for a Auswide Bank home loan?

If you’re ready to go ahead and sign on the dotted line for an Auswide Bank home loan, here’s a checklist of what information you’ll need to have with you:

  • Full name, address and contact details for every applicant
  • Employment and income details
  • Details about assets, including cars, property, savings and shares
  • Details about existing debts, including credit cards or personal loans
  • Information on the property you will be buying
  • You’ll also need to consent to a credit check.
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