Bluestone logo

Bluestone Prime Home Loan

Advertiser disclosure

The details shown below are for an owner occupier, investor taking out a principal & interest, interest only loan between $100,000 and $2,500,000 with an LVR below 70%

The details shown below are for an owner occupier, investor taking out a principal & interest, interest only loan between $100,000 and $2,500,000 with an LVR below 80%

The details shown below are for an owner occupier, investor taking out a principal & interest, interest only loan between $100,000 and $2,500,000 with an LVR below 85%

The details shown below are for an owner occupier, investor taking out a principal & interest, interest only loan between $100,000 and $2,500,000 with an LVR below 90%

Choose the version of this loan that suits you best

  • Owner Occupier, Investor (Principal & Interest, Interest Only)

    LVR < 70%

    Loan: $100,000 $2,500,000

  • Owner Occupier, Investor (Principal & Interest, Interest Only)

    LVR 70%-80%

    Loan: $100,000 $2,500,000

  • Owner Occupier, Investor (Principal & Interest, Interest Only)

    LVR 80%-85%

    Loan: $100,000 $2,500,000

  • Owner Occupier, Investor (Principal & Interest, Interest Only)

    LVR 85%-90%

    Loan: $100,000 $2,500,000

Rate
2.44% p.a.
Comparison Rate
2.49% p.a.
Service fee
Upfront fee
$710
Go to site
Rate
2.64% p.a.
Comparison Rate
2.69% p.a.
Service fee
Upfront fee
$710
Rate
2.99% p.a.
Comparison Rate
3.04% p.a.
Service fee
Upfront fee
$710
Rate
3.54% p.a.
Comparison Rate
3.59% p.a.
Service fee
Upfront fee
$710

Mozo editorial review Bluestone Prime Home Loan

Last updated: 25 February 2021.

4 / 5
binocular icon
What's hot
  • Variable rates from 2.44% (2.49% comparison rate*)
  • Extra repayments available
  • Online redraw facility
What's not
  • Upfront fees
Mozo snapshot

The Prime Home Loan from online lender Bluestone could provide a low rate option for borrowers looking to purchase their own home or invest, as variable rates start from just 2.44% (2.49% comparison rate*). Extra repayments and a redraw facility are also available, though there are a number of fees to weigh up.

key icon
Key features

Bluestone’s Prime Home Loan can be used to borrow between $100,000 and $2,500,000 and it comes with a range of variable rates depending on the type of borrower you are and the type of loan you want (principal and interest or interest-only repayments) and the loan-to-value ratio (LVR) involved.

The lowest variable rate currently available with the loan is a competitive 2.44% (2.49% comparison rate*) for owner occupiers with an LVR of 70% or below. 

Borrowers will have access to a few flexible features with the loan including the option of making additional repayments to pay off their loan balance faster, and an online redraw facility with which they can access those extra repayments (should they need to) down the line. 

There are a few one-off fees to budget for though, including application ($590), legal ($400), settlement ($120) and discharge fees ($250).

snapshot
Who is it good for

Given the competitive variable rates on offer - for both types of borrowers, but especially for investors - the Prime Home Loan could be an option to consider for borrowers looking to keep their repayments low.

question icon
Any catches

Like most home loans, you’ll need to weigh up the rate and features on offer with Bluestone’s Prime Home Loan against the one-off fees involved.

Picture of Tom Watson
Tom Watson
Finance journalist

Tom Watson is a financial journalist at Mozo and co-host of the Finance Burrito podcast, specialising in fintech, property and business banking. Whether it’s reporting on banking trends or uncovering the latest product innovations, Tom’s mission is to keep our readers up to date with breaking Australian financial news. His work is often sourced in the media and across social media channels. Tom has a degree in Journalism from the University of Technology, Sydney. He is also ASIC RG146 (Tier 2) certified for general advice.

Details

Rates and fees information correct as at 26 February 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
  • 2.44% p.a.

  • n/a

  • n/a

  • n/a

  • 2.49% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $590.00

  • n/a

  • $0.00

  • $120.00

  • n/a

  • n/a

  • $250.00

Other financial bits
  • $100,000

  • $2,500,000

  • none

  • 70.00%

Features
  • Owner Occupier, Investor

  • Principal & Interest, Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • no

  • Legal fees charged at cost starting at $400. Free Valuation for loan amounts less than $2,000,000.

  • 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 26 February 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
  • 2.64% p.a.

  • n/a

  • n/a

  • n/a

  • 2.69% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $590.00

  • n/a

  • $0.00

  • $120.00

  • n/a

  • n/a

  • $250.00

Other financial bits
  • $100,000

  • $2,500,000

  • 70.00%

  • 80.00%

Features
  • Owner Occupier, Investor

  • Principal & Interest, Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • no

  • Legal fees charged at cost starting at $400. Free Valuation for loan amounts less than $2,000,000.

  • 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 26 February 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
  • 2.99% p.a.

  • n/a

  • n/a

  • n/a

  • 3.04% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $590.00

  • n/a

  • $0.00

  • $120.00

  • n/a

  • n/a

  • $250.00

Other financial bits
  • $100,000

  • $2,500,000

  • 80.00%

  • 85.00%

Features
  • Owner Occupier, Investor

  • Principal & Interest, Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • no

  • Legal fees charged at cost starting at $400. Free Valuation for loan amounts less than $2,000,000.

  • 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 26 February 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
  • 3.54% p.a.

  • n/a

  • n/a

  • n/a

  • 3.59% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $590.00

  • n/a

  • $0.00

  • $120.00

  • n/a

  • n/a

  • $250.00

Other financial bits
  • $100,000

  • $2,500,000

  • 85.00%

  • 90.00%

Features
  • Owner Occupier, Investor

  • Principal & Interest, Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • no

  • 90% LVR for Sydney, Melbourne and Brisbane Metro owner occupied loans only. Legal fees charged at cost starting at $400. Free Valuation for loan amounts less than $2,000,000.

  • 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 Bluestone home loans rated by the Mozo community?

Overall
1.6/10
Price
1.4/10
Features
1.6/10
Customer service
1.9/10
Convenience
1.2/10
Trust
1.5/10
Thumbnail icon for Bluestone

About Bluestone

Bluestone is one of Australia's fastest growing financial services groups, with a range of specialist home loans for people who fall outside traditional lending criteria. If you're self employed or worried about bad credit affecting your chance of getting a home loan, check out Bluestone Mortgages' range of alternatives including low doc home loans and consolidation loans. Bluestone Mortgages also has an award winning reverse mortgage for those looking to unlock the equity in their home.

See Bluestone home loans

Thumbnail icon for loans.com.au

loans.com.au

Smart Booster Home Loan

1.99% p.a.variable for 12 months and then 2.48% p.a. variable

2.47% p.a.

Thumbnail icon for Macquarie

Macquarie

Basic Home Loan (Fixed)

2.19% p.a.
fixed 3 years

2.53% p.a.

Thumbnail icon for UBank

UBank

UHomeLoan - Discount Offer

2.34% p.a. variable

2.34% p.a.

Thumbnail icon for Athena

Athena

AcceleRATES Variable Home Loan

2.19% p.a. variable

2.19% p.a.

Thumbnail icon for Virgin Money

Virgin Money

Reward Me Fixed Rate Home Loan

2.04% p.a.
fixed 3 years

2.73% p.a.

Thumbnail icon for Newcastle Permanent

Newcastle Permanent

Fixed Rate Home Loan (Premium Plus Package)

2.18% p.a.
fixed 3 years

3.62% p.a.

Thumbnail icon for 86 400

86 400

Neat Home Loan

2.19% p.a. variable

2.20% p.a.

Thumbnail icon for Bank of Queensland

Bank of Queensland

Fixed Rate

2.09% p.a.
fixed 3 years

3.01% p.a.

Thumbnail icon for loans.com.au

loans.com.au

Smart Booster Home Loan

1.99% p.a.variable for 12 months and then 2.48% p.a. variable

2.47% p.a.

Thumbnail icon for Macquarie

Macquarie

Basic Home Loan (Fixed)

2.19% p.a.
fixed 3 years

2.53% p.a.

Thumbnail icon for UBank

UBank

UHomeLoan (Fixed)

1.75% p.a.
fixed 3 years

2.22% p.a.

Thumbnail icon for Athena

Athena

AcceleRATES Variable Home Loan

2.19% p.a. variable

2.19% p.a.

Thumbnail icon for Virgin Money

Virgin Money

Reward Me Fixed Rate Home Loan

2.04% p.a.
fixed 3 years

2.73% p.a.

Thumbnail icon for Newcastle Permanent

Newcastle Permanent

Variable Home Loan (Premium Plus Package)

2.94% p.a. variable

3.34% p.a.

Thumbnail icon for 86 400

86 400

Neat Home Loan

2.19% p.a. variable

2.20% p.a.

Thumbnail icon for Suncorp

Suncorp

Fixed Home Loan (Home Package Plus)

1.99% p.a.
fixed 3 years

2.90% p.a.

Thumbnail icon for loans.com.au

loans.com.au

Smart Booster Home Loan

1.99% p.a.variable for 12 months and then 2.48% p.a.

2.47% p.a.

Thumbnail icon for Macquarie

Macquarie

Basic Home Loan

2.64% p.a.

2.64% p.a.

Thumbnail icon for UBank

UBank

UHomeLoan - Discount Offer

2.34% p.a.

2.34% p.a.

Thumbnail icon for Athena

Athena

AcceleRATES Variable Home Loan

2.19% p.a.

2.19% p.a.

Thumbnail icon for Newcastle Permanent

Newcastle Permanent

Variable Home Loan (Premium Plus Package)

2.94% p.a.

3.34% p.a.

Thumbnail icon for Well Home Loans

Well Home Loans

Well Balanced

2.17% p.a.

2.20% p.a.

Thumbnail icon for 86 400

86 400

Neat Home Loan

2.19% p.a.

2.20% p.a.

Thumbnail icon for Bank of Queensland

Bank of Queensland

Economy

2.59% p.a.

2.76% p.a.

Thumbnail icon for loans.com.au

loans.com.au

Fixed Home Loan

1.99% p.a.
fixed 3 years

2.70% p.a.

Thumbnail icon for Macquarie

Macquarie

Basic Home Loan (Fixed)

2.19% p.a.
fixed 3 years

2.53% p.a.

Thumbnail icon for Virgin Money

Virgin Money

Reward Me Fixed Rate Home Loan

2.04% p.a.
fixed 3 years

2.73% p.a.

Thumbnail icon for UBank

UBank

UHomeLoan (Fixed)

1.75% p.a.
fixed 3 years

2.22% p.a.

Thumbnail icon for Newcastle Permanent

Newcastle Permanent

Fixed Rate Home Loan (Premium Plus Package)

2.18% p.a.
fixed 3 years

3.62% p.a.

Thumbnail icon for Bank of Queensland

Bank of Queensland

Fixed Rate

2.09% p.a.
fixed 3 years

3.01% p.a.

Thumbnail icon for Well Home Loans

Well Home Loans

Well Balanced Fixed

2.04% p.a.
fixed 3 years

2.17% p.a.

Thumbnail icon for Suncorp

Suncorp

Fixed Home Loan (Home Package Plus)

2.19% p.a.
fixed 3 years

3.03% p.a.

Thumbnail icon for loans.com.au

loans.com.au

Smart Booster Home Loan

1.99% p.a.variable for 12 months and then 2.48% p.a.

2.47% p.a.

$0.00

Thumbnail icon for UBank

UBank

UHomeLoan - Discount Offer

2.34% p.a.

2.34% p.a.

$0.00

Thumbnail icon for Athena

Athena

AcceleRATES Variable Home Loan

2.19% p.a.

2.19% p.a.

$0.00

Thumbnail icon for 86 400

86 400

Neat Home Loan

2.19% p.a.

2.20% p.a.

$0.00

Thumbnail icon for Well Home Loans

Well Home Loans

Well Balanced

2.17% p.a.

2.20% p.a.

$0.00

Thumbnail icon for Yard

Yard

Variable Home Loan Special

2.09% p.a.

2.12% p.a.

$0.00

Thumbnail icon for Athena

Athena

AcceleRATES Variable Home Loan

2.29% p.a.

2.23% p.a.

$0.00

Thumbnail icon for 86 400

86 400

Neat Home Loan

2.34% p.a.

2.35% p.a.

$0.00

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.