Kogan Money Essential Home Loan

The details shown below are for an owner occupier taking out a principal & interest loan up to with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan up to with an LVR below 95%

The details shown below are for an investor taking out a principal & interest loan up to with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan up to with an LVR below 90%

The details shown below are for an investor taking out a interest only loan up to with an LVR below 80%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan:

  • Owner Occupier (Principal & Interest)

    LVR 80%-95%

    Loan:

  • Investor (Principal & Interest)

    LVR < 80%

    Loan:

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan:

  • Investor (Interest Only)

    LVR < 80%

    Loan:

3.62% p.a.

3.63% p.a.

$0.00

Kogan Money Essential Home Loan

3.62% p.a.

3.63% p.a.

$0.00

3.94% p.a.

3.95% p.a.

$0.00

Kogan Money Essential Home Loan

3.94% p.a.

3.95% p.a.

$0.00

3.89% p.a.

3.90% p.a.

$0.00

Kogan Money Essential Home Loan

3.89% p.a.

3.90% p.a.

$0.00

4.27% p.a.

4.28% p.a.

$0.00

Kogan Money Essential Home Loan

4.27% p.a.

4.28% p.a.

$0.00

4.22% p.a.

4.23% p.a.

$0.00

Kogan Money Essential Home Loan

4.22% p.a.

4.23% p.a.

$0.00

Mozo Review   Kogan Money Essential Home Loan Review

Last updated: 21 March 2019.

What's hot:
  • Competitive variable rates from 3.59% p.a. (3.60% p.a. comparison rate*)

  • 2019 Mozo Experts Choice Award winner

  • Optional offset account ($10 monthly fee applies)

  • Unlimited free extra repayments

What's not:
  • $150 application fee

Mozo snapshot:

Everything you could want and need in a home loan is neatly packaged in Kogan Money’s Essential Home Loan. With variable rates starting from a competitively low 3.59% p.a. (3.60% p.a. comparison rate*), unlimited extra repayments and no ongoing account keeping fees, it’s flexible features give borrowers plenty of room for choice.

And it doesn't stop there. The Essential Home Loan is also a winner - taking out a 2019 Mozo Experts Choice Award in the Investor Home Loan category. 

Key features:

When you find a home loan with rates and features as great as this, you know you’re looking in the right place. The Kogan Money’s Essential Home Loan has great variable interest rates, starting from 3.59% p.a. (3.60% p.a. comparison rate*) for owner-occupiers borrowing up to 80% of a property’s price.

Other rate tiers are available, depending on how much you’ve saved as a deposit and whether you’re buying the house to live in or as an investment.

There are no ongoing account keeping fees to worry about, but make sure you’ve budgeted for the $150 application fee.

If you’re after flexibility with how often you make repayments, you can choose a weekly, fortnightly or monthly schedule, plus the Essential Home loan also has your back with free extra repayments. And if you find you need to access the extra money you’ve already paid, there’s a free online redraw facility. Plus, the home loan has an optional 100% offset account, with a $10 monthly fee.   

While this is a variable loan, it does come with a split account feature, which means you’ll have the option of splitting your loan into a variable rate and a fixed rate.

Who it's good for:

Looking for a great rate and don’t mind giving up branch access to get it? The Kogan Essential Home Loan could be the perfect pick.

Any catches?


Although Kogan Money’s Essential Home Loan has no ongoing account keeping fees, keep in mind you will need $150 for the application fee.

Details

Rates and fees information correct as at 20 June 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
  • 3.62% p.a.

  • n/a

  • 0 Months

  • none

  • 3.63% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $150.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $200.00

Other financial bits
  • none

  • none

  • none

  • 80.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • none

  • yes

  • no

  • 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 20 June 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
  • 3.94% p.a.

  • n/a

  • 0 Months

  • none

  • 3.95% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $150.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $200.00

Other financial bits
  • none

  • none

  • 80.00%

  • 95.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • none

  • yes

  • no

  • 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 20 June 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

  • 0 Months

  • none

  • 3.90% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $150.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $200.00

Other financial bits
  • none

  • none

  • none

  • 80.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • none

  • yes

  • no

  • 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 20 June 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
  • 4.27% p.a.

  • n/a

  • 0 Months

  • none

  • 4.28% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $150.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $200.00

Other financial bits
  • none

  • none

  • 80.00%

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • none

  • yes

  • no

  • 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 20 June 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
  • 4.22% p.a.

  • n/a

  • 0 Months

  • none

  • 4.23% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $150.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • $0.00

  • $200.00

Other financial bits
  • none

  • none

  • none

  • 80.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • none

  • yes

  • no

  • 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

This product is not currently reviewed.

Promoted

loans.com.au

loans.com.au

Smart Home Loan

3.28% p.a. variable

3.30% p.a.

$520

Promoted

UBank

UBank

UHomeLoan (1 Year Fixed)

n/a

n/a

$395

Promoted

Bank of Queensland

Bank of Queensland

Fixed Rate

3.39% p.a.
fixed 3 years

4.41% p.a.

$450

Promoted

Athena

Athena

Variable Home Loan

3.34% p.a. variable

3.30% p.a.

$0

Promoted

HSBC

HSBC

Home Value Loan

3.47% p.a. variable

3.48% p.a.

$150

Promoted

loans.com.au

loans.com.au

Fixed Home Loan

3.19% p.a.
fixed 3 years

3.63% p.a.

$520

Promoted

ME

ME

Flexible Home Loan (Fixed, Member Package)

3.58% p.a.
fixed 3 years

4.26% p.a.

$200

Promoted

Greater Bank

Greater Bank

Ultimate Home Loan (Fixed, Package)

3.49% p.a.
fixed 3 years

4.35% p.a.

$180

Promoted

UBank

UBank

UHomeLoan - Discount Offer

3.59% p.a.

3.59% p.a.

$0

Promoted

loans.com.au

loans.com.au

Smart Home Loan

3.28% p.a.

3.30% p.a.

$520

Promoted

HSBC

HSBC

Home Value Loan

3.47% p.a.

3.48% p.a.

$150

Promoted

Well Home Loans

Well Home Loans

Well Balanced

3.22% p.a.

3.23% p.a.

$0

Promoted

Greater Bank

Greater Bank

Great Rate Home Loan

3.57% p.a.

3.59% p.a.

$180

Promoted

ME

ME

Basic Home Loan

3.97% p.a.

3.99% p.a.

$400

Promoted

Bank of Queensland

Bank of Queensland

Economy

3.99% p.a.

4.15% p.a.

$450

Promoted

Athena

Athena

Variable Home Loan

3.34% p.a.

3.30% p.a.

$0

Promoted

Bank of Queensland

Bank of Queensland

Fixed Rate

3.39% p.a.
fixed 3 years

4.41% p.a.

$450

Promoted

UBank

UBank

UHomeLoan (1 Year Fixed)

n/a

n/a

$395

Promoted

loans.com.au

loans.com.au

Fixed Home Loan

3.19% p.a.
fixed 3 years

3.63% p.a.

$520

Promoted

Tic:Toc

Tic:Toc

Fixed Home Loan

n/a

n/a

$0

Promoted

UBank

UBank

UHomeLoan (Fixed)

3.24% p.a.
fixed 3 years

3.88% p.a.

$395

Promoted

QBANK

QBANK

Fixed Rate

3.62% p.a.
fixed 3 years

4.33% p.a.

$195

Promoted

Greater Bank

Greater Bank

Great Rate Home Loan (Fixed)

3.49% p.a.
fixed 3 years

4.11% p.a.

$180

Promoted

Bank Australia

Bank Australia

Basic Home Loan (Fixed)

3.74% p.a.
fixed 3 years

3.95% p.a.

$0

Promoted

loans.com.au

loans.com.au

Smart Home Loan

3.28% p.a.

3.30% p.a.

$0.00

Promoted

Athena

Athena

Variable Home Loan

3.34% p.a.

3.30% p.a.

$0.00

Promoted

HSBC

HSBC

Home Value Loan

3.47% p.a.

3.48% p.a.

$0.00

Promoted

Tic:Toc

Tic:Toc

Variable Home Loan

3.27% p.a.

3.28% p.a.

$0.00

Promoted

Mortgage House

Mortgage House

Red Home Loan - Early Bird Special

3.29% p.a.

3.36% p.a.

$0.00

Promoted

Well Home Loans

Well Home Loans

Well Balanced

3.22% p.a.

3.23% p.a.

$0.00

Promoted

UBank

UBank

UHomeLoan - Discount Offer

3.59% p.a.

3.59% p.a.

$0.00

Promoted

Well Home Loans

Well Home Loans

Well Balanced

3.19% p.a.

3.20% 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.