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firstmac Home Loan (Variable)

The details shown below are for an owner occupier taking out a principal & interest loan between $50,000 and $2,000,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan between $50,000 and $1,000,000 with an LVR below 90%

The details shown below are for an owner occupier taking out a interest only loan between $50,000 and $2,000,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a interest only loan between $50,000 and $1,000,000 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan between $50,000 and $2,000,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $50,000 and $1,000,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan between $50,000 and $2,000,000 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan between $50,000 and $1,000,000 with an LVR below 90%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $50,000 $2,000,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $50,000 $1,000,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $50,000 $2,000,000

  • Owner Occupier (Interest Only)

    LVR 80%-90%

    Loan: $50,000 $1,000,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $50,000 $2,000,000

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $50,000 $1,000,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $50,000 $2,000,000

  • Investor (Interest Only)

    LVR 80%-90%

    Loan: $50,000 $1,000,000

Rate
3.23% p.a.
Comparison Rate*
3.29% p.a.
Service fee
$0.00
Upfront fee
$720
Rate
3.23% p.a.
Comparison Rate*
3.29% p.a.
Service fee
$0.00
Upfront fee
$720
Rate
3.43% p.a.
Comparison Rate*
3.49% p.a.
Service fee
$0.00
Upfront fee
$720
Rate
3.53% p.a.
Comparison Rate*
3.59% p.a.
Service fee
$0.00
Upfront fee
$720
Rate
3.33% p.a.
Comparison Rate*
3.39% p.a.
Service fee
$0.00
Upfront fee
$720
Rate
3.43% p.a.
Comparison Rate*
3.49% p.a.
Service fee
$0.00
Upfront fee
$720
Rate
3.53% p.a.
Comparison Rate*
3.59% p.a.
Service fee
$0.00
Upfront fee
$720
Rate
3.63% p.a.
Comparison Rate*
3.69% p.a.
Service fee
$0.00
Upfront fee
$720

Details

Rates and fees information correct as at 22 October 2020. 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
  • 3.23% p.a.

  • n/a

  • n/a

  • n/a

  • 3.29% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $200.00

  • $220.00

  • $300.00

  • n/a

  • $0.00

  • $550.00

Other financial bits
  • $50,000

  • $2,000,000

  • none

  • 80.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes

  • $0.00

  • yes

  • yes

  • none

  • 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 22 October 2020. 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
  • 3.23% p.a.

  • n/a

  • n/a

  • n/a

  • 3.29% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $200.00

  • $220.00

  • $300.00

  • n/a

  • $0.00

  • $550.00

Other financial bits
  • $50,000

  • $1,000,000

  • 80.00%

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes

  • $0.00

  • yes

  • yes

  • none

  • 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 22 October 2020. 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
  • 3.43% p.a.

  • n/a

  • n/a

  • n/a

  • 3.49% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $200.00

  • $220.00

  • $300.00

  • n/a

  • $0.00

  • $550.00

Other financial bits
  • $50,000

  • $2,000,000

  • none

  • 80.00%

Features
  • Owner Occupier

  • Interest Only

  • Monthly

  • yes - free

  • no

  • yes

  • $0.00

  • yes

  • yes

  • none

  • 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 22 October 2020. 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
  • 3.53% 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
  • $0.00

  • $200.00

  • $220.00

  • $300.00

  • n/a

  • $0.00

  • $550.00

Other financial bits
  • $50,000

  • $1,000,000

  • 80.00%

  • 90.00%

Features
  • Owner Occupier

  • Interest Only

  • Monthly

  • yes - free

  • no

  • yes

  • $0.00

  • yes

  • yes

  • none

  • 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 22 October 2020. 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
  • 3.33% p.a.

  • n/a

  • n/a

  • n/a

  • 3.39% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $200.00

  • $220.00

  • $300.00

  • n/a

  • $0.00

  • $550.00

Other financial bits
  • $50,000

  • $2,000,000

  • none

  • 80.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes

  • $0.00

  • yes

  • yes

  • none

  • 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 22 October 2020. 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
  • 3.43% p.a.

  • n/a

  • n/a

  • n/a

  • 3.49% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $200.00

  • $220.00

  • $300.00

  • n/a

  • $0.00

  • $550.00

Other financial bits
  • $50,000

  • $1,000,000

  • 80.00%

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes

  • $0.00

  • yes

  • yes

  • none

  • 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 22 October 2020. 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
  • 3.53% 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
  • $0.00

  • $200.00

  • $220.00

  • $300.00

  • n/a

  • $0.00

  • $550.00

Other financial bits
  • $50,000

  • $2,000,000

  • none

  • 80.00%

Features
  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • no

  • yes

  • $0.00

  • yes

  • yes

  • none

  • 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 22 October 2020. 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
  • 3.63% p.a.

  • n/a

  • n/a

  • n/a

  • 3.69% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $200.00

  • $220.00

  • $300.00

  • n/a

  • $0.00

  • $550.00

Other financial bits
  • $50,000

  • $1,000,000

  • 80.00%

  • 90.00%

Features
  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • no

  • yes

  • $0.00

  • yes

  • yes

  • none

  • 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 firstmac home loans rated by the Mozo community?

Overall
5.2/10
Price
5.7/10
Features
5.3/10
Customer service
5.2/10
Convenience
4.9/10
Trust
4.9/10

Latest reviews of firstmac Home Loan (Variable)

  • Overall 1/10
    Not recommended!

    Customer service is very poor. Their rate and review performance is extremely poor. You will be misguided about the finance provider (Firstmac and loans.com.au). Even if you contacted loans.com.au, you will be redirected to Firstmac. After that, you will not be eligible for any future better offer by loans.com.au

    Read full review

    Customer service is very poor. Their rate and review performance is extremely poor. You will be misguided about the finance provider (Firstmac and loans.com.au). Even if you contacted loans.com.au, you will be redirected to Firstmac. After that, you will not be eligible for any future better offer by loans.com.au

    Price
    2/10
    Features
    1/10
    Customer service
    1/10
    Convenience
    1/10
    Trust
    1/10
    Less
    Mohammed, New South Wales reviewed about 1 month ago
  • Overall 2/10
    Feel like I am being cheated by Firstmac

    When I moved my two loans to Firstmac back to in November 2019, I was told that both Firstmac and loans.com.au are same (in fact, I contacted loans.com.au first and then redirected to Firstmac - I have those email communications). Now, I was offered an interest rate of $1.99% by loans.com.au. When I informed Firstmac about this offer, I was told that I am not eligible for this rate since Firstmac and loans.com.au are different (completely opposite compared to what I was told in the last year). I am eligible to this rate only if I move my other loans (say, from NAB) to loans.com.au and, in that case, Firstmac will be the finance provider. However, my present two Firstmac home loans are not eligible to get the lower interest rate offered by loans.com.au.

    Read full review

    When I moved my two loans to Firstmac back to in November 2019, I was told that both Firstmac and loans.com.au are same (in fact, I contacted loans.com.au first and then redirected to Firstmac - I have those email communications). Now, I was offered an interest rate of $1.99% by loans.com.au. When I informed Firstmac about this offer, I was told that I am not eligible for this rate since Firstmac and loans.com.au are different (completely opposite compared to what I was told in the last year). I am eligible to this rate only if I move my other loans (say, from NAB) to loans.com.au and, in that case, Firstmac will be the finance provider. However, my present two Firstmac home loans are not eligible to get the lower interest rate offered by loans.com.au.

    Price
    3/10
    Features
    2/10
    Customer service
    1/10
    Convenience
    1/10
    Trust
    2/10
    Less
    Shahadat, New South Wales reviewed about 1 month ago
  • Overall 1/10
    Shocking services.

    They offered a decent enough intro though found quickly enough that the rest of their features and service is severely lacking. Internet banking a very very long way behind other banks. Asked for a review on our loan interest rate and it took them almost a week to get back to us. And don’t worry about visiting a branch.

    Read full review

    They offered a decent enough intro though found quickly enough that the rest of their features and service is severely lacking. Internet banking a very very long way behind other banks. Asked for a review on our loan interest rate and it took them almost a week to get back to us. And don’t worry about visiting a branch.

    Price
    1/10
    Features
    2/10
    Customer service
    2/10
    Convenience
    2/10
    Trust
    0/10
    Less
    Chris, Western Australia reviewed 4 months ago
  • Overall 5/10
    Good starting interest rates

    Good interest rates to start, raises them regularly though

    Read full review

    Good interest rates to start, raises them regularly though

    Price
    6/10
    Features
    3/10
    Customer service
    5/10
    Convenience
    5/10
    Trust
    5/10
    Less
    Brian, New South Wales reviewed over 4 years ago
firstmac

About firstmac

Firstmac has more than 30 years' experience in home and investment loans. It is an Australian-owned financial services provider and has written in excess of 68,000 home loans in the past decade. Firstmac manages approximately $5 billion in mortgages and $150 million in cash investments and is a premier sponsor of the Brisbane Broncos.

See firstmac home loans

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3.28% p.a.

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2.59% p.a. variable

2.76% p.a.

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2.48% p.a.

2.50% p.a.

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2.59% p.a.

2.60% p.a.

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AcceleRATES Variable Home Loan

2.34% p.a.

2.34% p.a.

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2.29% p.a.

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2.49% p.a.

2.49% p.a.

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Suncorp

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2.68% p.a.

2.69% p.a.

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2.59% p.a.

2.76% p.a.

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loans.com.au

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n/a

n/a

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2.29% p.a.
fixed 3 years

2.95% p.a.

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Star Classic Fixed Home Loan

2.06% p.a.
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2.38% p.a.

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n/a

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Fixed Home Loan (Home Package Plus)

2.49% p.a.
fixed 3 years

3.28% p.a.

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2.25% p.a.
fixed 3 years

3.41% p.a.

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3.08% p.a.

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3.07% p.a.

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2.54% p.a.

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$248.00 yearly

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2.48% p.a.

2.50% p.a.

$0.00

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Athena

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AcceleRATES Variable Home Loan

2.34% p.a.

2.34% p.a.

$0.00

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Homestar

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Star Essentials Home Loan

2.29% p.a.

2.32% p.a.

$0.00

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2.49% p.a.

2.49% p.a.

$0.00

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2.68% p.a.

2.69% p.a.

$0.00

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2.59% p.a.

2.76% p.a.

$10.00 monthly

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2.61% p.a.

2.67% 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.