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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 90%

The details shown below are for an owner occupier taking out a interest only 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 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%-90%

    Loan:

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan:

  • Investor (Principal & Interest)

    LVR < 80%

    Loan:

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan:

  • Investor (Interest Only)

    LVR < 80%

    Loan:

Rate
2.77% p.a.
Comparison Rate*
2.79% p.a.
Service fee
$0.00
Upfront fee
$150
Rate
3.17% p.a.
Comparison Rate*
3.18% p.a.
Service fee
$0.00
Upfront fee
$150
Rate
4.02% p.a.
Comparison Rate*
4.03% p.a.
Service fee
$0.00
Upfront fee
$150
Rate
3.07% p.a.
Comparison Rate*
3.08% p.a.
Service fee
$0.00
Upfront fee
$150
Rate
3.52% p.a.
Comparison Rate*
3.53% p.a.
Service fee
$0.00
Upfront fee
$150
Rate
3.27% p.a.
Comparison Rate*
3.28% p.a.
Service fee
$0.00
Upfront fee
$150

Mozo editorial review Kogan Money Essential Home Loan

Last updated: 9 April 2020.

binocular icon
What's hot
  • Competitive variable rates from 2.77% p.a. (2.79% p.a. comparison rate*)
  • 2020 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 2.77% p.a. (2.79% 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 2020 Mozo Experts Choice Award in the Split Home Loan category. 

key icon
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 2.77% p.a. (2.79% 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.

snapshot
Who is it 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.

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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 9 July 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
  • 2.77% p.a.

  • n/a

  • n/a

  • n/a

  • 2.79% 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

  • n/a

  • $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

  • 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 9 July 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
  • 3.17% p.a.

  • n/a

  • n/a

  • n/a

  • 3.18% 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

  • n/a

  • $0.00

  • $200.00

Other financial bits
  • none

  • none

  • 80.00%

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • none

  • yes

  • no

  • 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 9 July 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
  • 4.02% p.a.

  • n/a

  • n/a

  • n/a

  • 4.03% 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

  • n/a

  • $0.00

  • $200.00

Other financial bits
  • none

  • none

  • none

  • 80.00%

Features
  • Owner Occupier

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • none

  • yes

  • no

  • 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 9 July 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
  • 3.07% p.a.

  • n/a

  • n/a

  • n/a

  • 3.08% 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

  • n/a

  • $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

  • 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 9 July 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
  • 3.52% p.a.

  • n/a

  • n/a

  • n/a

  • 3.53% 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

  • n/a

  • $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

  • 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 9 July 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
  • 3.27% p.a.

  • n/a

  • n/a

  • n/a

  • 3.28% 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

  • n/a

  • $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

  • 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.

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