The details shown below are for an owner occupier taking out a principal & interest loan of at least $50,000 with an LVR below 95%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $50,000 with an LVR below 95%
The details shown below are for an owner occupier taking out a interest only loan of at least $50,000 with an LVR below 95%
The details shown below are for an investor taking out a principal & interest loan of at least $50,000 with an LVR below 95%
The details shown below are for an investor taking out a principal & interest loan of at least $50,000 with an LVR below 95%
The details shown below are for an investor taking out a interest only loan of at least $50,000 with an LVR below 95%
The details shown below are for an investor taking out a interest only loan of at least $50,000 with an LVR below 95%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 95% | $50,000 | |
| | Owner Occupier | Principal & Interest | < 95% | $50,000 | |
| | Owner Occupier | Interest Only | < 95% | $50,000 | |
| | Investor | Principal & Interest | < 95% | $50,000 | |
| | Investor | Principal & Interest | < 95% | $50,000 | |
| | Investor | Interest Only | < 95% | $50,000 | |
| | Investor | Interest Only | < 95% | $50,000 |
Owner Occupier (Principal & Interest)
LVR < 95%
Loan: $50,000
Owner Occupier (Principal & Interest)
LVR < 95%
Loan: $50,000
Owner Occupier (Interest Only)
LVR < 95%
Loan: $50,000
Investor (Principal & Interest)
LVR < 95%
Loan: $50,000
Investor (Principal & Interest)
LVR < 95%
Loan: $50,000
Investor (Interest Only)
LVR < 95%
Loan: $50,000
Investor (Interest Only)
LVR < 95%
Loan: $50,000
Easy Street understands that buying a home doesn’t have to be a gruelling process. That’s why they’ve made sure to pack the Standard Variable Home Loan with a number of handy features, including a full offset account and free extra repayments. Add to that its competitive 2.59% p.a. variable rate (2.63% p.a. comparison rate*) and you’ve got a cracking good home loan deal.
On top of that, the Standard Variable Home Loan was named a winner in the 2020 Mozo Experts Choice Awards for best First Home Buyer Loan.
The Easy Street Standard Variable Home Loan grabbed our attention with its 2.59% p.a. variable rate (2.63% comparison rate*), but there’s plenty more on offer. Owner occupiers will be able to borrow as little as $50,000 or as much as 95% of a property’s value (as long it’s covered by lenders mortgage insurance), so anyone unsure of their ability to enter the property market has reason to be optimistic.
As for features, there’s not much that’s been left off the table. The Standard Variable Home Loan comes with an offset account to help your lower your interest, the ability to make extra repayments, plus a free redraw facility in case you need those funds back. Adding to the flexibility, you can choose to make repayments weekly, fortnightly or monthly.
But all these features come with a catch. You’ll have to be wary of the $500 application fee, plus the discharge fee of $300 for when your home loan ends.
The Easy Street Standard Variable Home Loan should appeal to anyone looking for a low rate home loan with lots of features to help you get ahead. First home buyers in particular would appreciate the ability to borrow up to 95% of a property’s value.
This low rate is only for “new money,” that is, you must be new to Easy Street, not refinancing from another Easy Street loan.
2.59% p.a.
n/a
n/a
n/a
2.63% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$500.00
$0.00
$0.00
$0.00
n/a
$0.00
$300.00
$50,000
none
none
95.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes-free
$0.00
yes
yes
Lenders Mortgage Insurance required for LVR over 80%.
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.
3.75% p.a.
n/a
n/a
n/a
3.79% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$500.00
$0.00
$0.00
$0.00
n/a
$0.00
$300.00
$50,000
none
none
95.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes-free
$0.00
yes
yes
Lenders Mortgage Insurance required for LVR over 80%.
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.
4.10% p.a.
n/a
n/a
n/a
4.14% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$500.00
$0.00
$0.00
$0.00
n/a
$0.00
$300.00
$50,000
none
none
95.00%
Owner Occupier
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes-free
$0.00
yes
yes
Lenders Mortgage Insurance required for LVR over 80%.
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.
4.05% p.a.
n/a
n/a
n/a
4.09% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$500.00
$0.00
$0.00
$0.00
n/a
$0.00
$300.00
$50,000
none
none
95.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes-free
$0.00
yes
yes
Lenders Mortgage Insurance required for LVR over 80%.
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.
2.59% p.a.
n/a
n/a
n/a
2.63% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$500.00
$0.00
$0.00
$0.00
n/a
$0.00
$300.00
$50,000
none
none
95.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes-free
$0.00
yes
yes
Lenders Mortgage Insurance required for LVR over 80%.
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.
2.59% p.a.
n/a
n/a
n/a
2.63% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$500.00
$0.00
$0.00
$0.00
n/a
$0.00
$300.00
$50,000
none
none
95.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes-free
$0.00
yes
yes
Lenders Mortgage Insurance required for LVR over 80%.
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.
4.40% p.a.
n/a
n/a
n/a
4.44% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$500.00
$0.00
$0.00
$0.00
n/a
$0.00
$300.00
$50,000
none
none
95.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes-free
$0.00
yes
yes
Lenders Mortgage Insurance required for LVR over 80%.
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.
This product is not currently reviewed.
Easy Street is powered by Community First Credit Union, the largest community based credit union operating throughout Sydney and the Central Coast. It has more than $700m in assets, and over 70,000 Members - making it rock solid. Being large means Community First can maintain high levels of reserves to ensure its ongoing viability. Easy Street offers a wide range of financial services including award winning savings and loans. Their advanced suite of services is only available online, which means we can be fast and flexible at all times.
Bank of Queensland
Economy
2.59% p.a. variable
2.76% p.a.
AMP Bank
Variable Rate Loan (Professional Package)
2.59% p.a. variable
3.00% p.a.
Bank of Queensland
Economy
2.59% p.a. variable
2.76% p.a.
AMP Bank
Variable Rate Loan (Professional Package)
2.59% p.a. variable
3.00% p.a.
Bank of Queensland
Economy
2.59% p.a.
2.76% p.a.
Homestar
Star Classic Fixed Home Loan
2.06% p.a.
fixed 3 years
2.38% p.a.
Bank of Queensland
Fixed Rate
2.25% p.a.
fixed 3 years
3.41% p.a.
AMP Bank
Fixed Rate Loan (Professional Package)
2.49% p.a.
fixed 3 years
3.07% p.a.
Homestar
Star Essentials Home Loan
2.29% p.a.
2.32% p.a.
$0.00
Yard
Variable Home Loan Special
2.19% p.a.
2.22% p.a.
$0.00
loans.com.au
Smart Booster Discount Variable Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
$0.00
Illawarra Credit Union
The Works Home Loan
1.99% p.a.variable for 24 months and then 2.50% p.a.
2.93% p.a.
$395.00 yearly
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.
