Liberty began in 1997, providing a personal and competitive alternative to traditional banking options. At Liberty, it’s all about freedom - so the home loans on offer are flexible and suited to your personal needs. Check them out below.
Rates and fees verified as correct at 20 January, 2020. Other information correct at the time of writing.
There are a couple of different variable rate home loan options on offer from Liberty. Choose the Sharp Home Loan and you’ll be able to borrow amounts starting from $100,000, up to 95% of the property’s value. You’ll also have the use of money saving features including unlimited free extra repayments, a free redraw facility (minimum applies) and the chance to take a repayment holiday. But keep in mind, you’ll pay a yearly service fee for this option. Opt for the Free Variable Rate Home Loan and you can borrow up to 95% of the property’s value, starting from $50,000. You’ll have the same great money saving features, plus the use of an offset account.
| Product | Rate | Comparison Rate* | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 3.79% p.a. | 3.86% p.a. | $0.00 | $995 | ||
| 3.44% p.a. | 3.51% p.a. | $0.00 | $995 | ||
| 4.19% p.a. | 4.26% p.a. | $0.00 | $995 | ||
| 3.84% p.a. | 3.91% p.a. | $0.00 | $995 | ||
| 4.39% p.a. | 4.46% p.a. | $0.00 | $995 | ||
| 4.04% p.a. | 4.11% p.a. | $0.00 | $995 | ||
| 4.79% p.a. | 4.86% p.a. | $0.00 | $995 | ||
| 4.44% p.a. | 4.51% p.a. | $0.00 | $995 | ||
| 5.24% p.a. | 5.31% p.a. | $0.00 | $995 | ||
| 4.89% p.a. | 4.96% p.a. | $0.00 | $995 | ||
| 3.59% p.a. | 3.66% p.a. | $0.00 | $995 | ||
| 3.24% p.a. | 3.31% p.a. | $0.00 | $995 | ||
| 4.39% p.a. | 4.69% p.a. | $295.00 yearly | $0 | ||
| 3.89% p.a. | 4.20% p.a. | $295.00 yearly | $0 | ||
| 3.54% p.a. | 3.85% p.a. | $295.00 yearly | $0 | ||
| 4.79% p.a. | 5.08% p.a. | $295.00 yearly | $0 | ||
| 4.29% p.a. | 4.59% p.a. | $295.00 yearly | $0 | ||
| 3.94% p.a. | 4.24% p.a. | $295.00 yearly | $0 | ||
| 4.99% p.a. | 5.28% p.a. | $295.00 yearly | $0 | ||
| 4.49% p.a. | 4.78% p.a. | $295.00 yearly | $0 | ||
| 4.14% p.a. | 4.44% p.a. | $295.00 yearly | $0 | ||
| 5.39% p.a. | 5.67% p.a. | $295.00 yearly | $0 | ||
| 4.89% p.a. | 5.18% p.a. | $295.00 yearly | $0 | ||
| 4.54% p.a. | 4.83% p.a. | $295.00 yearly | $0 | ||
| 5.84% p.a. | 6.11% p.a. | $295.00 yearly | $0 | ||
| 5.34% p.a. | 5.62% p.a. | $295.00 yearly | $0 | ||
| 4.99% p.a. | 5.28% p.a. | $295.00 yearly | $0 | ||
| 4.19% p.a. | 4.49% p.a. | $295.00 yearly | $0 | ||
| 3.69% p.a. | 4.00% p.a. | $295.00 yearly | $0 | ||
| 3.34% p.a. | 3.66% p.a. | $295.00 yearly | $0 |
‡ Results from this calculation are estimates only as individual lenders apply different formulas. Actual repayments will depend on your individual circumstances and interest rate changes.
| Unlimited free extra repaymentsUnlimited free extra repayments | Make unlimited free extra repayments on your fixed or variable rate home loan to own your home sooner. |
| Repayment holidaysRepayment holidays | Need to take a break? With Liberty home loans, you have the option to take a repayment holiday if you need to. |
| Flexible repayment scheduleFlexible repayment schedule | Make your mortgage repayments weekly, fortnightly or monthly - whatever suits your budget. |
How do Liberty home loans stack up in terms of price, customer service and convenience? Read all about it in our customer review section.
This is the first time I have used Liberty and have found them to be very good.
This is the first time I have used Liberty and have found them to be very good.
Jane, Queensland, reviewed about 1 month ago
Worst lender going - do not sign up with these guys! The RBA was issuing rate cuts yet these guys kept increasing our loan. We thankfully left them for the one of the big 4 and haven’t looked back.
Worst lender going - do not sign up with these guys! The RBA was issuing rate cuts yet these guys kept increasing our loan. We thankfully left them for the one of the big 4 and haven’t looked back.
Holly, Western Australia, reviewed about 2 months ago
They were excellent for us as beginner home owners with a Business debt, so we paid a higher interest to get into the market. Flexible extra payments and easy redraw facility are excellent. They don't reduce your interest rate when they go down...
They were excellent for us as beginner home owners with a Business debt, so we paid a higher interest to get into the market. Flexible extra payments and easy redraw facility are excellent. They don't reduce your interest rate when they go down unless you ask.
Kate, New South Wales, reviewed almost 2 years ago
This financial institution looks after one thing and one thing only, getting their money back at the highest possible interest rate (10%+) on home loans. Can't wait to pay them out when I sell my home because I can't afford the repayments anymore....
This financial institution looks after one thing and one thing only, getting their money back at the highest possible interest rate (10%+) on home loans. Can't wait to pay them out when I sell my home because I can't afford the repayments anymore. Thanks Liberty.
Anthony, Victoria, reviewed over 9 years ago
I dislike the fact that when the crash came and every other bank dropped their interest rates to 3-4%, Liberty refused to lower theirs so I still had am still am paying a rate of 9%. It's breaking me.
I dislike the fact that when the crash came and every other bank dropped their interest rates to 3-4%, Liberty refused to lower theirs so I still had am still am paying a rate of 9%. It's breaking me.
Suzi, South Australia, reviewed over 9 years ago
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To apply for a Liberty home loan, you’ll have to set up a meeting with a Liberty home loan advisor. To make sure everything goes smoothly when you start your mortgage application, it’s useful to have a few things ready:
