Homestar Variable Rate Loan

This product is available in different versions. Pick the right version for you here.

The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $849,999 with an LVR below 70%

The details shown below are for an owner occupier taking out a principal & interest loan between $850,000 and $1,000,000 with an LVR below 70%

The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $849,999 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan between $850,000 and $1,000,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $849,999 with an LVR below 90%

The details shown below are for an owner occupier taking out a principal & interest loan between $850,000 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 $150,000 and $849,999 with an LVR below 70%

The details shown below are for an owner occupier taking out a interest only loan between $850,000 and $1,000,000 with an LVR below 70%

The details shown below are for an owner occupier taking out a interest only loan between $150,000 and $849,999 with an LVR below 80%

The details shown below are for an owner occupier taking out a interest only loan between $850,000 and $1,000,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a interest only loan between $150,000 and $849,999 with an LVR below 90%

The details shown below are for an owner occupier taking out a interest only loan between $850,000 and $1,000,000 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan between $150,000 and $849,999 with an LVR below 70%

The details shown below are for an investor taking out a principal & interest loan between $850,000 and $1,000,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $850,000 and $1,000,000 with an LVR below 70%

The details shown below are for an investor taking out a principal & interest loan between $850,000 and $1,000,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan between $150,000 and $849,999 with an LVR below 70%

The details shown below are for an investor taking out a interest only loan between $150,000 and $849,999 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan between $850,000 and $1,000,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $150,000 and $849,999 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $150,000 and $849,999 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan between $850,000 and $1,000,000 with an LVR below 70%

The details shown below are for an investor taking out a interest only loan between $150,000 and $849,999 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan between $850,000 and $1,000,000 with an LVR below 90%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 70%

    Loan: $150,000 $849,999

  • Owner Occupier (Principal & Interest)

    LVR < 70%

    Loan: $850,000 $1,000,000

  • Owner Occupier (Principal & Interest)

    LVR 70%-80%

    Loan: $150,000 $849,999

  • Owner Occupier (Principal & Interest)

    LVR 70%-80%

    Loan: $850,000 $1,000,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $150,000 $849,999

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $850,000 $1,000,000

  • Owner Occupier (Interest Only)

    LVR < 70%

    Loan: $150,000 $849,999

  • Owner Occupier (Interest Only)

    LVR < 70%

    Loan: $850,000 $1,000,000

  • Owner Occupier (Interest Only)

    LVR 70%-80%

    Loan: $150,000 $849,999

  • Owner Occupier (Interest Only)

    LVR 70%-80%

    Loan: $850,000 $1,000,000

  • Owner Occupier (Interest Only)

    LVR 80%-90%

    Loan: $150,000 $849,999

  • Owner Occupier (Interest Only)

    LVR 80%-90%

    Loan: $850,000 $1,000,000

  • Investor (Principal & Interest)

    LVR < 70%

    Loan: $150,000 $849,999

  • Investor (Principal & Interest)

    LVR 70%-80%

    Loan: $850,000 $1,000,000

  • Investor (Principal & Interest)

    LVR < 70%

    Loan: $850,000 $1,000,000

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $850,000 $1,000,000

  • Investor (Interest Only)

    LVR < 70%

    Loan: $150,000 $849,999

  • Investor (Interest Only)

    LVR 70%-80%

    Loan: $150,000 $849,999

  • Investor (Interest Only)

    LVR 70%-80%

    Loan: $850,000 $1,000,000

  • Investor (Principal & Interest)

    LVR 70%-80%

    Loan: $150,000 $849,999

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $150,000 $849,999

  • Investor (Interest Only)

    LVR < 70%

    Loan: $850,000 $1,000,000

  • Investor (Interest Only)

    LVR 80%-90%

    Loan: $150,000 $849,999

  • Investor (Interest Only)

    LVR 80%-90%

    Loan: $850,000 $1,000,000

2.74% p.a.

2.77% p.a.

$0.00

Homestar Variable Rate Loan

2.74% p.a.

2.77% p.a.

$0.00

2.94% p.a.

2.99% p.a.

$0.00

Homestar Variable Rate Loan

2.94% p.a.

2.99% p.a.

$0.00

2.79% p.a.

2.84% p.a.

$0.00

Homestar Variable Rate Loan

2.79% p.a.

2.84% p.a.

$0.00

2.99% p.a.

3.04% p.a.

$0.00

Homestar Variable Rate Loan

2.99% p.a.

3.04% p.a.

$0.00

3.29% p.a.

3.34% p.a.

$0.00

Homestar Variable Rate Loan

3.29% p.a.

3.34% p.a.

$0.00

3.49% p.a.

3.54% p.a.

$0.00

Homestar Variable Rate Loan

3.49% p.a.

3.54% p.a.

$0.00

2.99% p.a.

3.04% p.a.

$0.00

Homestar Variable Rate Loan

2.99% p.a.

3.04% p.a.

$0.00

3.19% p.a.

3.24% p.a.

$0.00

Homestar Variable Rate Loan

3.19% p.a.

3.24% p.a.

$0.00

3.04% p.a.

3.09% p.a.

$0.00

Homestar Variable Rate Loan

3.04% p.a.

3.09% p.a.

$0.00

3.24% p.a.

3.29% p.a.

$0.00

Homestar Variable Rate Loan

3.24% p.a.

3.29% p.a.

$0.00

3.54% p.a.

3.59% p.a.

$0.00

Homestar Variable Rate Loan

3.54% p.a.

3.59% p.a.

$0.00

3.74% p.a.

3.79% p.a.

$0.00

Homestar Variable Rate Loan

3.74% p.a.

3.79% p.a.

$0.00

3.14% p.a.

3.19% p.a.

$0.00

Homestar Variable Rate Loan

3.14% p.a.

3.19% p.a.

$0.00

3.34% p.a.

3.39% p.a.

$0.00

Homestar Variable Rate Loan

3.34% p.a.

3.39% p.a.

$0.00

3.34% p.a.

3.39% p.a.

$0.00

Homestar Variable Rate Loan

3.34% p.a.

3.39% p.a.

$0.00

3.84% p.a.

3.89% p.a.

$0.00

Homestar Variable Rate Loan

3.84% p.a.

3.89% p.a.

$0.00

3.39% p.a.

3.44% p.a.

$0.00

Homestar Variable Rate Loan

3.39% p.a.

3.44% p.a.

$0.00

3.39% p.a.

3.44% p.a.

$0.00

Homestar Variable Rate Loan

3.39% p.a.

3.44% p.a.

$0.00

3.59% p.a.

3.64% p.a.

$0.00

Homestar Variable Rate Loan

3.59% p.a.

3.64% p.a.

$0.00

3.14% p.a.

3.19% p.a.

$0.00

Homestar Variable Rate Loan

3.14% p.a.

3.19% p.a.

$0.00

3.64% p.a.

3.69% p.a.

$0.00

Homestar Variable Rate Loan

3.64% p.a.

3.69% p.a.

$0.00

3.59% p.a.

3.64% p.a.

$0.00

Homestar Variable Rate Loan

3.59% p.a.

3.64% p.a.

$0.00

3.89% p.a.

3.94% p.a.

$0.00

Homestar Variable Rate Loan

3.89% p.a.

3.94% p.a.

$0.00

4.09% p.a.

4.14% p.a.

$0.00

Homestar Variable Rate Loan

4.09% p.a.

4.14% p.a.

$0.00

Mozo Review   Homestar Variable Rate Loan Review

Last updated: 1 October 2019.

What's hot:
  • Interest rate from 2.74% (2.77% comparison rate)*

  • Three 2019 Mozo Experts Choice Awards

  • Free extra repayments and redraw facility

  • 100% offset account

What's not:
  • $535 discharge fee

Mozo snapshot:

The Homestar Variable Rate Loan is full feature loan, with lots of different variations to suit all sorts of borrowers. With interest rates starting as low as 2.74% (2.77% comparison rate)* the loan is also equipped with an offset account, free extra repayments and a redraw facility, a split account option and more. Plus it won three separate 2019 Mozo Experts Choice Awards in the Investor Home Loan, Low Cost Home Loan and Offset Home Loan categories.

Key features:

The first number you’ll likely be looking at with a home loan is it’s interest rate. With the Homestar Variable Rate Loan there’s lot of different rates for the many variations on offer. Some of the factors that affect the interest rate are whether or not:

  • your LVR is below 70%, 70-80% or 80-90%
  • you’re borrowing between $150,000 and $849,999 or $850,000 and $1,000,000
  • your loan is principal and interest or interest only
  • you’re an owner occupier or an investor

One of the best ways to save on interest is to make extra repayments on your home loan. Homestar’s Variable Rate Loan allows you to do just this and for free! Even better, if you decide you want to re-access those funds you’ll be able to redraw for no cost, with no minimum amount you need to hit.

If you’d prefer to lower your interest payments by placing excess cash in an offset account, you’ll be glad to know this is one of the many features available.

When making a long-term commitment like a home loan, you’ll want to make sure that your repayment schedule works with your budget. Homestar make this easier with the option for either weekly, fortnightly or monthly repayments.

Split accounts let you have your cake and eat it too when it comes to the type of interest rate on your loan. This option allows you to have the flexibility of a variable rate and the consistency of a fixed rate.

Who it's good for:

If you’re looking for a home loan that has all the bells and whistles but won’t break the bank with high fees and interest, than the Homestar Variable Rate Loan might be just the ticket. Borrowers looking for a loan of less than $850,000 will be able to score the lowest rates.

Any catches?

While there are no ongoing fees, the $264 legal fee, $303.08 valuation fee and a $535 discharge fee are worth being aware of, because they’ll hike the cost up a bit at the beginning and end of the loan.

Details

Rates and fees information correct as at 16 December 2019. 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
  • 2.74% p.a.

  • n/a

  • n/a

  • n/a

  • 2.77% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $150,000

  • $849,999

  • none

  • 70.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 2.94% p.a.

  • n/a

  • n/a

  • n/a

  • 2.99% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $850,000

  • $1,000,000

  • none

  • 70.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 2.79% p.a.

  • n/a

  • n/a

  • n/a

  • 2.84% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $150,000

  • $849,999

  • 70.00%

  • 80.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 2.99% p.a.

  • n/a

  • n/a

  • n/a

  • 3.04% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $850,000

  • $1,000,000

  • 70.00%

  • 80.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.29% p.a.

  • n/a

  • n/a

  • n/a

  • 3.34% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $150,000

  • $849,999

  • 80.00%

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.49% p.a.

  • n/a

  • n/a

  • n/a

  • 3.54% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $850,000

  • $1,000,000

  • 80.00%

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 2.99% p.a.

  • n/a

  • n/a

  • n/a

  • 3.04% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $150,000

  • $849,999

  • none

  • 70.00%

Features
  • Owner Occupier

  • Interest Only

  • Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.19% p.a.

  • n/a

  • n/a

  • n/a

  • 3.24% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $850,000

  • $1,000,000

  • none

  • 70.00%

Features
  • Owner Occupier

  • Interest Only

  • Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.04% p.a.

  • n/a

  • n/a

  • n/a

  • 3.09% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $150,000

  • $849,999

  • 70.00%

  • 80.00%

Features
  • Owner Occupier

  • Interest Only

  • Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.24% 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

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $850,000

  • $1,000,000

  • 70.00%

  • 80.00%

Features
  • Owner Occupier

  • Interest Only

  • Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.54% 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

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $150,000

  • $849,999

  • 80.00%

  • 90.00%

Features
  • Owner Occupier

  • Interest Only

  • Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.74% p.a.

  • n/a

  • n/a

  • n/a

  • 3.79% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $850,000

  • $1,000,000

  • 80.00%

  • 90.00%

Features
  • Owner Occupier

  • Interest Only

  • Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.14% p.a.

  • n/a

  • n/a

  • n/a

  • 3.19% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $150,000

  • $849,999

  • none

  • 70.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.34% 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

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $850,000

  • $1,000,000

  • 70.00%

  • 80.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.34% 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

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $850,000

  • $1,000,000

  • none

  • 70.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.84% p.a.

  • n/a

  • n/a

  • n/a

  • 3.89% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $850,000

  • $1,000,000

  • 80.00%

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.39% p.a.

  • n/a

  • n/a

  • n/a

  • 3.44% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $150,000

  • $849,999

  • none

  • 70.00%

Features
  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.39% p.a.

  • n/a

  • n/a

  • n/a

  • 3.44% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $150,000

  • $849,999

  • 70.00%

  • 80.00%

Features
  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.59% p.a.

  • n/a

  • n/a

  • n/a

  • 3.64% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $850,000

  • $1,000,000

  • 70.00%

  • 80.00%

Features
  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.14% p.a.

  • n/a

  • n/a

  • n/a

  • 3.19% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $150,000

  • $849,999

  • 70.00%

  • 80.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.64% 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

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $150,000

  • $849,999

  • 80.00%

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.59% p.a.

  • n/a

  • n/a

  • n/a

  • 3.64% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $850,000

  • $1,000,000

  • none

  • 70.00%

Features
  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 3.89% p.a.

  • n/a

  • n/a

  • n/a

  • 3.94% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $150,000

  • $849,999

  • 80.00%

  • 90.00%

Features
  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 16 December 2019. 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
  • 4.09% p.a.

  • n/a

  • n/a

  • n/a

  • 4.14% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $264.00

  • $248.08

  • $0.00

  • n/a

  • $0.00

  • $535.00

Other financial bits
  • $850,000

  • $1,000,000

  • 80.00%

  • 90.00%

Features
  • Investor

  • Interest Only

  • Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • $535 discharge fee waived if the loan goes to full term.

  • 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 Homestar home loans rated by the Mozo community?

Overall customer rating
6.8/10
Price
7.7/10
Features
6.7/10
Customer service
7.2/10
Convenience
6.2/10
Trust
6.5/10

Latest reviews of Homestar Variable Rate Loan

  • Overall
    10/10
    Best bang for your hard earned dollar.

    Did my research, Homestar are the cheapest loan provider. Made the admin process as easy as...

    Did my research, Homestar are the cheapest loan provider. Made the admin process as easy as possible. I never write a review but when I am this impressed with the overall benefit to me and bang for my buck, I think people should know!

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Robert | New South Wales

    reviewed about 1 month ago

  • Overall
    8/10
    Competitive rates and responsive customer service

    Here are the pros for Homestar. They have one of the most competitive interest rates going around...

    Here are the pros for Homestar. They have one of the most competitive interest rates going around and have been passing on the full RBA cut, usually announced on the same day, which is very impressive. Their friendly, helpful, and responsive loan manager assisted us through the sign up process with no issues. Call centre staff were polite and helpful when I called up after settlement for assistance Here are the cons for Homestar. Their website is very basic, lacks essential features such as updating your contact details which you need to call up to do. It made it difficult chasing up a missing letter which went to an incorrect address. The website is also slow when clicking buttons, there often is a considerable wait before the next page shows up. Their is no mobile app available which really should be a given I would recommend Homestar to friends and family as the rates are competitive and they are aggressive in maintaining their low rates by passing on all the RBA rate cuts in full which is impressive, no fluffing around. I do find the website extremely frustrating as it is slow and lacks basic features. Even though they provide you with a debit card, I would not consider using Homestar as my day to day banking with the website in its current state.

    Price
    10/10
    Features
    6/10
    Customer service
    8/10
    Convenience
    6/10
    Trust
    8/10

    Basil | New South Wales

    reviewed about 1 month ago

  • Overall
    8/10
    Lowest mortgage rates - and can negotiate lower!

    Homestar is fantastic for low rates. I have never seen better. The only downside is that being a...

    Homestar is fantastic for low rates. I have never seen better. The only downside is that being a non-bank lender, and perhaps to maintain their cheap rates, their internet banking interface is very basic, and there is no app. This took a bit to get used to, but that's a small adjustment for a great value product.

    Price
    10/10
    Features
    7/10
    Customer service
    7/10
    Convenience
    5/10
    Trust
    7/10

    Rebecca | Western Australia

    reviewed about 2 months ago

  • Overall
    10/10
    Low rate and excellent service

    I was referred to by a friend who refinanced her loan with Homestar. I didn’t know too much about...

    I was referred to by a friend who refinanced her loan with Homestar. I didn’t know too much about them but I experienced excellent service from their Sales specialist who walked me through the application process without the hard sell. They answered all the questions I had and were able to assist with explaining any concerns I had since this was my first purchase. Their current internet banking is a bit outdated, but I was told that it would be updated in the next few months, which is something important to me because I like to see where my finances are at anytime. Lastly, I’m happy with my rate and the fact that they passed on the recent RBA cut was music to my ears. Thanks for your support Homestar and I hope this level of service continues!

    Price
    10/10
    Features
    10/10
    Customer service
    9/10
    Convenience
    7/10
    Trust
    10/10

    Kimberley | New South Wales

    reviewed 2 months ago

  • Overall
    3/10
    Con merchants

    Their advertised rate is just to suck you in. My actual rate is 0.5% higher. The real rate is...

    Their advertised rate is just to suck you in. My actual rate is 0.5% higher. The real rate is always higher. They are dishonest lenders. Go elsewhere!

    Price
    5/10
    Features
    7/10
    Customer service
    5/10
    Convenience
    5/10
    Trust
    3/10

    Bruce | Queensland

    reviewed over 7 years ago

Homestar

About Homestar

Homestar is a Sydney and Melbourne based company that offers home loans Australia wide, due to Homestar being a web and phone based non-bank lender that works to save you money. Homestar has been providing low rates on its home loans since 2004.

See Homestar home loans

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Star Essentials Home Loan

2.74% p.a.

2.77% p.a.

$0.00

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Smart Home Loan

2.88% p.a. variable

2.90% p.a.

$520

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UHomeLoan - Discount Offer

2.84% p.a. variable

2.84% p.a.

$0

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Athena

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Variable Home Loan

2.84% p.a. variable

2.80% p.a.

$0

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Well Home Loans

Well Home Loans

Well Balanced

2.82% p.a. variable

2.86% p.a.

$785

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Tic:Toc

Tic:Toc

Variable Home Loan

2.79% p.a. variable

2.80% p.a.

$0

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Homestar

Homestar

Star Essentials Home Loan

2.74% p.a. variable

2.77% p.a.

$596

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Queensland Country Credit Union

Queensland Country Credit Union

RateSaver (Fixed)

3.49% p.a.
fixed 3 years

3.90% p.a.

$500

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IMB Bank

IMB Bank

Budget Home Loan

3.13% p.a. variable

3.19% p.a.

$799

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loans.com.au

loans.com.au

Smart Home Loan

2.88% p.a. variable

2.90% p.a.

$520

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UBank

UBank

UHomeLoan - Discount Offer

2.84% p.a. variable

2.84% p.a.

$0

Promoted

Athena

Athena

Variable Home Loan

2.84% p.a. variable

2.80% p.a.

$0

Promoted

Tic:Toc

Tic:Toc

Variable Home Loan

2.79% p.a. variable

2.80% p.a.

$0

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Homestar

Homestar

Star Essentials Home Loan

2.74% p.a. variable

2.77% p.a.

$596

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HSBC

HSBC

Home Value Loan

2.95% p.a. variable

2.97% p.a.

$150

Promoted

Well Home Loans

Well Home Loans

Well Balanced

2.82% p.a. variable

2.86% p.a.

$785

Promoted

Easy Street

Easy Street

Standard Variable Home Loan

2.95% p.a. variable

2.99% p.a.

$500

Promoted

UBank

UBank

UHomeLoan - Discount Offer

2.84% p.a.

2.84% p.a.

$0

Promoted

loans.com.au

loans.com.au

Smart Home Loan

2.88% p.a.

2.90% p.a.

$520

Promoted

Athena

Athena

Variable Home Loan

2.84% p.a.

2.80% p.a.

$0

Promoted

Tic:Toc

Tic:Toc

Variable Home Loan

2.79% p.a.

2.80% p.a.

$0

Promoted

Well Home Loans

Well Home Loans

Well Balanced

2.82% p.a.

2.86% p.a.

$785

Promoted

HSBC

HSBC

Home Value Loan

2.95% p.a.

2.97% p.a.

$150

Promoted

Homestar

Homestar

Star Essentials Home Loan

2.74% p.a.

2.77% p.a.

$596

Promoted

Newcastle Permanent

Newcastle Permanent

Real Deal Home Loan

3.19% p.a.

3.23% p.a.

$0

Promoted

UBank

UBank

UHomeLoan (Fixed)

2.84% p.a.
fixed 3 years

3.59% p.a.

$395

Promoted

loans.com.au

loans.com.au

Fixed Home Loan

2.99% p.a.
fixed 3 years

3.27% p.a.

$520

Promoted

Tic:Toc

Tic:Toc

Fixed Home Loan

2.84% p.a.
fixed 3 years

2.92% p.a.

$0

Promoted

Queensland Country Credit Union

Queensland Country Credit Union

RateSaver (Fixed)

3.49% p.a.
fixed 3 years

3.90% p.a.

$500

Promoted

Well Home Loans

Well Home Loans

Well Balanced Fixed

2.74% p.a.
fixed 3 years

2.84% p.a.

$785

Promoted

IMB Bank

IMB Bank

Fixed Home Loan

2.84% p.a.
fixed 3 years

3.44% p.a.

$799

Promoted

Newcastle Permanent

Newcastle Permanent

Fixed Rate Home Loan (Premium Plus Package)

2.89% p.a.
fixed 3 years

3.96% p.a.

$0

Promoted

Heritage Bank

Heritage Bank

Fixed Rate Loan (Home Advantage)

2.99% p.a.
fixed 3 years

3.59% p.a.

$150

*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.