Rates and fees verified as correct at 17 May 2022. Other information correct at the time of writing. Advertiser disclosure.
| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
5.84% p.a. |
3.46% p.a. |
$0.00 |
$720 |
||
|
5.44% p.a. |
3.37% p.a. |
$0.00 |
$720 |
||
|
6.04% p.a. |
3.65% p.a. |
$0.00 |
$720 |
||
|
5.64% p.a. |
3.57% 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 24 months and then 2.59% p.a. |
2.58% 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 |
||
|
2.29% p.a.variable for 60 months and then 2.89% p.a. |
2.72% p.a. |
$0.00 |
$720 |
||
|
1.99% p.a.variable for 60 months and then 2.59% p.a. |
2.41% p.a. |
$0.00 |
$720 |
||
|
2.49% p.a.variable for 60 months and then 3.09% p.a. |
2.92% p.a. |
$0.00 |
$720 |
||
|
2.14% p.a.variable for 60 months and then 2.74% p.a. |
2.56% 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 |
||
|
2.44% p.a.variable for 60 months and then 3.04% p.a. |
2.87% p.a. |
$0.00 |
$720 |
||
|
2.24% p.a.variable for 60 months and then 2.84% p.a. |
2.66% p.a. |
$0.00 |
$720 |
||
|
2.59% p.a.variable for 60 months and then 3.19% p.a. |
3.02% p.a. |
$0.00 |
$720 |
||
|
2.34% p.a.variable for 60 months and then 2.94% p.a. |
2.77% 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.
100 Reviews
Misleading information. Pre approved then not pre approved. Offered loan then cancelled. Re financed then had to re finance again. Took up to 6 months with no answer and still no pre approval. Would not recommend at all very unhappy customer.
Read full reviewMisleading information. Pre approved then not pre approved. Offered loan then cancelled. Re financed then had to re finance again. Took up to 6 months with no answer and still no pre approval. Would not recommend at all very unhappy customer.
Highly unorganised to the point I questioned my broker if they knew what they were doing. In the end, they offered me a loan then withdrew it after I signed the papers. Be very careful with these people.
Read full reviewHighly unorganised to the point I questioned my broker if they knew what they were doing. In the end, they offered me a loan then withdrew it after I signed the papers. Be very careful with these people.
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.
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: