The details shown below are for an owner occupier taking out a principal & interest loan between $100,000 and $2,000,000 with an LVR below 60%
The details shown below are for an owner occupier taking out a principal & interest loan between $100,000 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 $100,000 and $2,000,000 with an LVR below 90%
The details shown below are for an owner occupier taking out a principal & interest loan between $100,000 and $2,000,000 with an LVR below 95%
The details shown below are for an owner occupier taking out a interest only loan between $100,000 and $2,000,000 with an LVR below 60%
The details shown below are for an owner occupier taking out a interest only loan between $100,000 and $2,000,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan between $100,000 and $2,000,000 with an LVR below 60%
The details shown below are for an investor taking out a principal & interest loan between $100,000 and $2,000,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan between $100,000 and $2,000,000 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest loan between $100,000 and $2,000,000 with an LVR below 95%
The details shown below are for an investor taking out a interest only loan between $100,000 and $2,000,000 with an LVR below 60%
The details shown below are for an investor taking out a interest only loan between $100,000 and $2,000,000 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan between $100,000 and $2,000,000 with an LVR below 90%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 60% | $100,000 | $2,000,000 |
| | Owner Occupier | Principal & Interest | 60%-80% | $100,000 | $2,000,000 |
| | Owner Occupier | Principal & Interest | 80%-90% | $100,000 | $2,000,000 |
| | Owner Occupier | Principal & Interest | 90%-95% | $100,000 | $2,000,000 |
| | Owner Occupier | Interest Only | < 60% | $100,000 | $2,000,000 |
| | Owner Occupier | Interest Only | 60%-80% | $100,000 | $2,000,000 |
| | Investor | Principal & Interest | < 60% | $100,000 | $2,000,000 |
| | Investor | Principal & Interest | 60%-80% | $100,000 | $2,000,000 |
| | Investor | Principal & Interest | 80%-90% | $100,000 | $2,000,000 |
| | Investor | Principal & Interest | 90%-95% | $100,000 | $2,000,000 |
| | Investor | Interest Only | < 60% | $100,000 | $2,000,000 |
| | Investor | Interest Only | 60%-80% | $100,000 | $2,000,000 |
| | Investor | Interest Only | 80%-90% | $100,000 | $2,000,000 |
Owner Occupier (Principal & Interest)
LVR < 60%
Loan: $100,000 $2,000,000
Owner Occupier (Principal & Interest)
LVR 60%-80%
Loan: $100,000 $2,000,000
Owner Occupier (Principal & Interest)
LVR 80%-90%
Loan: $100,000 $2,000,000
Owner Occupier (Principal & Interest)
LVR 90%-95%
Loan: $100,000 $2,000,000
Owner Occupier (Interest Only)
LVR < 60%
Loan: $100,000 $2,000,000
Owner Occupier (Interest Only)
LVR 60%-80%
Loan: $100,000 $2,000,000
Investor (Principal & Interest)
LVR < 60%
Loan: $100,000 $2,000,000
Investor (Principal & Interest)
LVR 60%-80%
Loan: $100,000 $2,000,000
Investor (Principal & Interest)
LVR 80%-90%
Loan: $100,000 $2,000,000
Investor (Principal & Interest)
LVR 90%-95%
Loan: $100,000 $2,000,000
Investor (Interest Only)
LVR < 60%
Loan: $100,000 $2,000,000
Investor (Interest Only)
LVR 60%-80%
Loan: $100,000 $2,000,000
Investor (Interest Only)
LVR 80%-90%
Loan: $100,000 $2,000,000
If you love bargain hunting, then homeloans.com.au's Low Rate Home Loan could be the match for you. Not only are there no upfront or ongoing services fees to worry about, variable rates for owner occupiers start from just 2.14% (2.16% comparison rate*) and there are even a few potentially cost-saving features such as the offset account and free extra repayments. Plus with three wins in the 2021 Mozo Experts Choice Awards – in the Low Cost Home Loan, Offset Home Loan and Investor Home Loan categories – you know you're on to a winner!
Available on loans from $100,000 to $2,000,000, the Low Rate Home Loan can be accessed by a wide range of owner occupier and investor borrowers, with rates dependent on the type of borrower you are, the type of repayments you're looking to make (principal and interest or interest-only) and your loan-to-value ratio (LVR).
The variable rates on offer with the loan really are some of the lowest around, and for owner occupiers they start at:
Beyond interest rates, the Low Rate Home Loan comes with some handy features for borrowers. You’ll be able to minimise the interest you pay over the life of your loan by popping your salary or savings in the 100% offset account. There’s also the option to make unlimited additional repayments to pay down the loan sooner, as well as to redraw that extra cash online via the redraw facility without incurring any fees.
Speaking of fees, there are no one-off upfront fees, or any ongoing service fees. In fact, the only other cost you'll need to consider is the $300 discharge fee.
The Low Rate Home Loan comes with competitive variable rates for a variety of needs - whether you're an investor, an owner occupier, or whether your LVR is big or small. Given that, plus the suite of features and few fees, this could be a loan to suit almost all borrowers.
Just remember that there is a $300 discharge fee when you pay out the loan or switch to another lender.
2.14% p.a.
n/a
n/a
n/a
2.16% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$300.00
$100,000
$2,000,000
none
60.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$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.
2.24% p.a.
n/a
n/a
n/a
2.26% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$300.00
$100,000
$2,000,000
60.00%
80.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$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.
2.59% p.a.
n/a
n/a
n/a
2.61% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$300.00
$100,000
$2,000,000
80.00%
90.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$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.
2.79% p.a.
n/a
n/a
n/a
2.81% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$300.00
$100,000
$2,000,000
90.00%
95.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$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.
2.44% p.a.
n/a
n/a
n/a
2.27% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$300.00
$100,000
$2,000,000
none
60.00%
Owner Occupier
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$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.
2.54% p.a.
n/a
n/a
n/a
2.37% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$300.00
$100,000
$2,000,000
60.00%
80.00%
Owner Occupier
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$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.
2.29% p.a.
n/a
n/a
n/a
2.31% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$300.00
$100,000
$2,000,000
none
60.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$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.
2.39% p.a.
n/a
n/a
n/a
2.41% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$300.00
$100,000
$2,000,000
60.00%
80.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$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.
2.74% p.a.
n/a
n/a
n/a
2.76% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$300.00
$100,000
$2,000,000
80.00%
90.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$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.
2.94% p.a.
n/a
n/a
n/a
2.96% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$300.00
$100,000
$2,000,000
90.00%
95.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$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.
2.59% p.a.
n/a
n/a
n/a
2.42% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$300.00
$100,000
$2,000,000
none
60.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$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.
2.69% p.a.
n/a
n/a
n/a
2.52% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$300.00
$100,000
$2,000,000
60.00%
80.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$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.
2.89% p.a.
n/a
n/a
n/a
2.81% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$300.00
$100,000
$2,000,000
80.00%
90.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - free
$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.
Misleading pre approval for refinance all they have done is made me run round sending every document under the sun a written exit strategy essay i kid you not ... and then after asking for only 220k my home is valued at at least 450k they just called to say they won't refinance me ??? I think its because im s single female. I've never missed a bill im ahead on my rates my electricity and my water I pay all my bills on time, so there really is no real reason to knock back my application otherwise DONT BE FOOLED BY EASY PRE APPROVAL ITS RUBBISH TI GET YOU IN
Read full reviewMisleading pre approval for refinance all they have done is made me run round sending every document under the sun a written exit strategy essay i kid you not ... and then after asking for only 220k my home is valued at at least 450k they just called to say they won't refinance me ??? I think its because im s single female. I've never missed a bill im ahead on my rates my electricity and my water I pay all my bills on time, so there really is no real reason to knock back my application otherwise DONT BE FOOLED BY EASY PRE APPROVAL ITS RUBBISH TI GET YOU IN
I wanted to buy a property in a regional area. I was informed they service the area but at a reduced amount. The reduced amount serviced met my needs and I was told to make an official application. The loan was declined as they do not service the area the property is in. Extremely poor customer service. I would not recommend this company. They wasted two weeks and the decline is now on my credit rating. Would any reasonable person apply for a loan if the lender doesn't service that area? Protect your credit rating and save yourself the time. Steer clear of homeloans.com.au
Read full reviewI wanted to buy a property in a regional area. I was informed they service the area but at a reduced amount. The reduced amount serviced met my needs and I was told to make an official application. The loan was declined as they do not service the area the property is in. Extremely poor customer service. I would not recommend this company. They wasted two weeks and the decline is now on my credit rating. Would any reasonable person apply for a loan if the lender doesn't service that area? Protect your credit rating and save yourself the time. Steer clear of homeloans.com.au
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a. variable
2.47% p.a.
Homestar
Star Gold Home Loan
1.79% p.a. variable
1.84% p.a.
Bank of Queensland
Fixed Rate
1.94% p.a.
fixed 3 years
2.97% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a. variable
2.47% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
1.98% p.a.
fixed 3 years
3.56% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
Homestar
Star Gold Home Loan
1.79% p.a.
1.84% p.a.
Yard
Variable Home Loan Special
2.09% p.a.
2.12% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
1.98% p.a.
fixed 3 years
3.56% p.a.
Homestar
Star Classic Fixed Home Loan
n/a
n/a
People's Choice Credit Union
Fixed Rate Home Loan (Package)
1.89% p.a.
fixed 3 years
3.03% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
$0.00
Homestar
Star Gold Home Loan
1.79% p.a.
1.84% p.a.
$0.00
Yard
Variable Home Loan Special
2.09% p.a.
2.12% p.a.
$0.00
loans.com.au
Smart Booster Investor Bundle
1.99% p.a.variable for 12 months and then 2.74% p.a.
2.71% 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.
