Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
---|---|---|---|---|---|
6.64% p.a. |
7.36% p.a. |
$0.00 |
$1,020 |
||
6.24% p.a. |
6.96% p.a. |
$0.00 |
$1,020 |
||
p.a. |
n/a |
$0.00 |
$1,020 |
||
6.84% p.a. |
7.42% p.a. |
$0.00 |
$1,020 |
||
6.44% p.a. |
7.16% p.a. |
$0.00 |
$1,020 |
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 |
---|---|---|---|---|---|
6.24% p.a. |
6.32% p.a. |
$0.00 |
$1,020 |
||
6.74% p.a. |
6.82% p.a. |
$0.00 |
$1,020 |
||
6.54% p.a. |
6.62% p.a. |
$0.00 |
$1,020 |
||
7.14% p.a. |
7.22% p.a. |
$0.00 |
$1,020 |
||
6.59% p.a.variable for 60 months and then 7.14% p.a. |
6.98% p.a. |
$0.00 |
$1,020 |
||
6.09% p.a.variable for 60 months and then 7.14% p.a. |
6.76% p.a. |
$0.00 |
$1,020 |
||
6.69% p.a.variable for 60 months and then 7.14% p.a. |
7.02% p.a. |
$0.00 |
$1,020 |
||
6.19% p.a.variable for 60 months and then 7.14% p.a. |
6.80% p.a. |
$0.00 |
$1,020 |
||
6.38% p.a. |
6.44% p.a. |
$0.00 |
$720 |
||
6.38% p.a. |
6.41% p.a. |
$0.00 |
$1,020 |
||
6.64% p.a. |
6.72% p.a. |
$0.00 |
$1,020 |
||
7.24% p.a. |
7.32% p.a. |
$0.00 |
$1,020 |
||
6.28% p.a. |
6.34% p.a. |
$0.00 |
$720 |
||
6.59% p.a.variable for 60 months and then 6.94% p.a. |
6.87% p.a. |
$0.00 |
$1,020 |
||
6.09% p.a.variable for 60 months and then 6.94% p.a. |
6.65% p.a. |
$0.00 |
$1,020 |
||
6.69% p.a.variable for 60 months and then 6.94% p.a. |
6.91% p.a. |
$0.00 |
$1,020 |
||
6.19% p.a.variable for 60 months and then 6.94% p.a. |
6.69% p.a. |
$0.00 |
$1,020 |
||
6.54% p.a. |
6.57% p.a. |
$0.00 |
$1,020 |
||
7.44% p.a. |
7.52% p.a. |
$0.00 |
$1,020 |
||
7.19% p.a. |
7.27% p.a. |
$0.00 |
$1,020 |
||
7.59% p.a. |
7.67% p.a. |
$0.00 |
$1,020 |
||
7.34% p.a. |
7.42% p.a. |
$0.00 |
$1,020 |
||
6.59% p.a.variable for 60 months and then 7.14% p.a. |
6.98% p.a. |
$0.00 |
$1,020 |
||
6.49% p.a.variable for 60 months and then 7.14% p.a. |
6.93% p.a. |
$0.00 |
$1,020 |
||
6.69% p.a.variable for 60 months and then 7.14% p.a. |
7.02% p.a. |
$0.00 |
$1,020 |
||
6.59% p.a.variable for 60 months and then 7.14% p.a. |
6.98% p.a. |
$0.00 |
$1,020 |
||
6.98% p.a. |
7.04% p.a. |
$0.00 |
$720 |
||
6.78% p.a. |
6.84% p.a. |
$0.00 |
$720 |
||
7.54% p.a. |
7.62% p.a. |
$0.00 |
$1,020 |
||
7.29% p.a. |
7.37% p.a. |
$0.00 |
$1,020 |
||
7.69% p.a. |
7.77% p.a. |
$0.00 |
$1,020 |
||
7.44% p.a. |
7.52% p.a. |
$0.00 |
$1,020 |
||
6.88% p.a. |
6.94% p.a. |
$0.00 |
$720 |
||
6.68% p.a. |
6.74% p.a. |
$0.00 |
$720 |
||
6.59% p.a.variable for 60 months and then 6.94% p.a. |
6.87% p.a. |
$0.00 |
$1,020 |
||
6.49% p.a.variable for 60 months and then 6.94% p.a. |
6.82% p.a. |
$0.00 |
$1,020 |
||
6.69% p.a.variable for 60 months and then 6.94% p.a. |
6.91% p.a. |
$0.00 |
$1,020 |
||
6.59% p.a.variable for 60 months and then 6.94% p.a. |
6.87% p.a. |
$0.00 |
$1,020 |
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.
103 Reviews
Have tried to call keep getting someone over seas that can hardly speak English .have asked if some one from Australia to call me back but have had NO CALLBACK . Bad customer service in fact NO CUSTOMER SERVICE .
Read full reviewHave tried to call keep getting someone over seas that can hardly speak English .have asked if some one from Australia to call me back but have had NO CALLBACK . Bad customer service in fact NO CUSTOMER SERVICE .
Be careful dealing with this company, they falsely advertise the solar home loan product, even if you satisfy elegibility criteria they will wait until the last days of finance due date and advise you that you're ineligible, therefore charging higher interest rate and leaving you no time to apply with any other lender for a better rate. Very dishonest company, avoid them.
Read full reviewBe careful dealing with this company, they falsely advertise the solar home loan product, even if you satisfy elegibility criteria they will wait until the last days of finance due date and advise you that you're ineligible, therefore charging higher interest rate and leaving you no time to apply with any other lender for a better rate. Very dishonest company, avoid them.
Firstmac provide competitive interest rates for their products and have always accommodated our requests with ease for interest rate changes, changing home loan products and also for help with repayments during covid. Have nothing bad to say about our personal experience with them.
Read full reviewFirstmac provide competitive interest rates for their products and have always accommodated our requests with ease for interest rate changes, changing home loan products and also for help with repayments during covid. Have nothing bad to say about our personal experience with them.
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.
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: