Rates and fees verified as correct at 21 April, 2021. Other information correct at the time of writing. Advertiser disclosure.
| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
| 3.09% p.a. | 3.07% p.a. | $0.00 | $720 | ||
| 3.03% p.a. | 3.16% p.a. | $0.00 | $720 | ||
| 2.19% p.a. | 2.88% p.a. | $0.00 | $720 | ||
| 3.19% p.a. | 3.25% p.a. | $0.00 | $720 | ||
| 2.94% p.a. | 3.22% p.a. | $0.00 | $720 | ||
| 3.23% p.a. | 3.36% p.a. | $0.00 | $720 |
Take out a variable home loan with firstmac and you might be able to borrow up to 90% of a property’s value, so long as it doesn’t exceed $1 million. You’ll also have a number of great features at your disposal, including unlimited fee free extra repayments, a free redraw facility, and access to an offset account. Just don’t forget to budget for the upfront legal, valuation and settlement fees attached to this offer.
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
| 2.89% p.a. | 2.92% p.a. | $0.00 | $720 | ||
| 2.19% p.a.variable for 2 months and then 2.59% p.a. | 2.64% p.a. | $0.00 | $720 | ||
| 2.99% p.a. | 3.02% p.a. | $0.00 | $720 | ||
| 2.79% p.a. | 2.82% p.a. | $0.00 | $720 | ||
| 3.09% p.a. | 3.12% p.a. | $0.00 | $720 | ||
| 2.74% p.a. | 2.80% p.a. | $0.00 | $720 | ||
| 3.09% p.a. | 3.12% p.a. | $0.00 | $720 | ||
| 2.89% p.a. | 2.95% p.a. | $0.00 | $720 | ||
| 2.73% p.a. | 2.79% p.a. | $0.00 | $720 | ||
| 3.04% p.a. | 3.07% p.a. | $0.00 | $720 | ||
| 2.84% p.a. | 2.87% p.a. | $0.00 | $720 | ||
| 3.19% p.a. | 3.22% p.a. | $0.00 | $720 | ||
| 2.99% p.a. | 3.02% p.a. | $0.00 | $720 | ||
| 3.19% p.a. | 3.22% p.a. | $0.00 | $720 | ||
| 2.94% p.a. | 3.00% p.a. | $0.00 | $720 | ||
| 3.29% p.a. | 3.32% p.a. | $0.00 | $720 | ||
| 3.09% p.a. | 3.15% p.a. | $0.00 | $720 |
Pay off your mortgage faster with free extra repayments. Just remember that while these additional repayments are unlimited on variable rate options, they’re capped at $10,000 p.a. on the fixed rate package offer.
Choose a variable rate option from firstmac and you’ll have the use of an offset account to help keep interest costs low. You’ll also get a Visa debit card so you can access your funds via ATM, EFTPOS, and even online when making purchases. Just keep in mind that the offset account is not considered a separate deposit account but a sub-account of your loan, so any funds will not be protected by the Financial Claims Scheme.
No matter which firstmac home loan offer you choose, there are no ongoing fees to pay. But keep in mind you will have to budget for several upfront fees instead.
Mozo users have rated firstmac home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
98 Reviews
It was a fast, easy and friendly experience.
Read full reviewIt was a fast, easy and friendly experience.
We have had a really good experience with FirstMac - they have been really easy to deal with and supported us through through the whole process! Highly recommend.
Read full reviewWe have had a really good experience with FirstMac - they have been really easy to deal with and supported us through through the whole process! Highly recommend.
Got my broker to assist with the process. Fairly easy to use the online system. Had a few delays about the settlement dates which could have been caused by my previous provider. In general, I am happy with the current interest rate. Contacted customer service twice and had no issues with them.
Read full reviewGot my broker to assist with the process. Fairly easy to use the online system. Had a few delays about the settlement dates which could have been caused by my previous provider. In general, I am happy with the current interest rate. Contacted customer service twice and had no issues with them.
Firstmac held my hand throughout the whole process leaving me with a stress free and easy to navigate home loan. Thank you Firstmac.
Read full reviewFirstmac held my hand throughout the whole process leaving me with a stress free and easy to navigate home loan. Thank you Firstmac.
Firstmac not only provided a much lower interest rate, but since changing over to them they have been a dream to work with. Secure, user-friendly internet banking and mobile app. Superb customer service on the very few times I have had to ring them. Great rate, excellent products and wonderful customer service. Great to be able to acknowledge a wonderfully positive product.
Read full reviewFirstmac not only provided a much lower interest rate, but since changing over to them they have been a dream to work with. Secure, user-friendly internet banking and mobile app. Superb customer service on the very few times I have had to ring them. Great rate, excellent products and wonderful customer service. Great to be able to acknowledge a wonderfully positive product.
You can apply for a home loan online via the firstmac website, or, you can arrange to have them call you back to set up an application. When you apply, make sure you have a few details on hand, including:
