loans.com.au has two fixed home loans for owner occupier and investors to choose from. Terms range from 1 to 3 years, and you’ll be able to borrow between $50,000 and $1,000,000. The fixed loan offers are also packed with heaps of great features including interest only payments (up to 5 years), a split loan facility and a rate lock feature. Plus you can make extra repayments during the fixed rate period of up to $10,000 p.a. to reduce the term of your loan and total interest paid. What’s more, you won’t need to pay any ongoing service fees.
| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
6.64% p.a. |
6.74% p.a. |
$0.00 |
$530 |
||
|
6.24% p.a. |
6.27% p.a. |
$0.00 |
$530 |
||
|
p.a. |
n/a |
$0.00 |
$720 |
||
|
7.24% p.a. |
7.45% p.a. |
$0.00 |
$720 |
||
|
p.a. |
n/a |
$0.00 |
$720 |
||
|
6.84% p.a. |
6.94% p.a. |
$0.00 |
$530 |
||
|
6.44% p.a. |
6.54% p.a. |
$0.00 |
$530 |
loans.com.au's variable loans allow for extra repayments, unlimited free redraws and a choice of principal and interest or interest only payments for up to 5 years. The Variable home loan comes with the option to access an offset sub-account for an additional 0.10% in interest. This means you can offset the interest owed on your home loan by keeping funds in your offset sub-account and only drawing down when you need to.
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments | |
|---|---|---|---|---|---|---|
|
6.49% p.a.variable for 60 months and then 6.73% p.a. |
6.67% p.a. |
$0.00 |
$530 |
|||
|
5.99% p.a.variable for 60 months and then 6.73% p.a. |
6.51% p.a. |
$0.00 |
$530 |
|||
|
6.49% p.a.variable for 60 months and then 6.73% p.a. |
6.67% p.a. |
$0.00 |
$530 |
|||
|
5.99% p.a.variable for 60 months and then 6.73% p.a. |
6.51% p.a. |
$0.00 |
$530 |
|||
|
6.54% p.a. |
6.56% p.a. |
$0.00 |
$530 |
|||
|
6.04% p.a. |
6.06% p.a. |
$0.00 |
$530 |
|||
|
6.44% p.a. |
6.46% p.a. |
$0.00 |
$530 |
|||
|
6.49% p.a.variable for 60 months and then 6.73% p.a. |
6.67% p.a. |
$0.00 |
$530 |
|||
|
6.19% p.a.variable for 60 months and then 6.73% p.a. |
6.58% p.a. |
$0.00 |
$530 |
|||
|
6.68% p.a. |
6.70% p.a. |
$0.00 |
$530 |
|||
|
6.28% p.a. |
6.30% p.a. |
$0.00 |
$530 |
|||
|
6.99% p.a. |
7.00% p.a. |
$0.00 |
$720 |
Go to site | ||
|
7.49% p.a. |
7.50% p.a. |
$0.00 |
$720 |
Go to site | ||
|
6.49% p.a.variable for 60 months and then 6.73% p.a. |
6.67% p.a. |
$0.00 |
$530 |
|||
|
6.19% p.a.variable for 60 months and then 6.73% p.a. |
6.58% p.a. |
$0.00 |
$530 |
|||
|
6.74% p.a. |
6.76% p.a. |
$0.00 |
$530 |
|||
|
6.34% p.a. |
6.36% p.a. |
$0.00 |
$530 |
You can apply and manage your loans.com.au home loan from the comfort of your couch. Once your online application is completed, you’ll be assigned your own personal lending manager and support officer to carry you through the whole process until settlement. Easy peasy!
Say sayonara to any application or ongoing monthly service fees when you choose a fixed or variable rate home loan with loans.com.au.
When you apply for loans.com.au’s Offset Variable loan, you’ll be issued with a linked Visa debit card which you can use to access the funds in your offset sub-account on a 24/7 basis and wherever Visa is accepted worldwide.
loans.com.au’s variable rate home loans allow for unlimited free redraws to access any additional repayments you’ve made. There is no minimum withdrawal.
Mozo users have rated loans.com.au home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
It was a smooth transition to refinance my SMSF home loan. They explained everything and customer service was helpful in the phone with queries.
Read full reviewIt was a smooth transition to refinance my SMSF home loan. They explained everything and customer service was helpful in the phone with queries.
I have taken out 8 home loans in my lifetime. Dealing with loans.com.au for my home loan was an incredibly painful experience. From the very beginning, their processes seemed to be stuck in the Stone Age. The amount of paperwork and red tape they put me through was beyond frustrating. It felt like every step of the application process was met with unnecessary obstacles and delays. I found myself constantly having to follow up and provide the same information repeatedly, which wasted valuable time and energy. Their lack of streamlined procedures only added to the mounting stress of purchasing a home. Moreover, the communication from their team was severely lacking. I often had to chase them for updates and information, and even then, their responses were vague and unhelpful. It was evident that they didn't prioritise effective communication with their clients.
Read full reviewI have taken out 8 home loans in my lifetime. Dealing with loans.com.au for my home loan was an incredibly painful experience. From the very beginning, their processes seemed to be stuck in the Stone Age. The amount of paperwork and red tape they put me through was beyond frustrating. It felt like every step of the application process was met with unnecessary obstacles and delays. I found myself constantly having to follow up and provide the same information repeatedly, which wasted valuable time and energy. Their lack of streamlined procedures only added to the mounting stress of purchasing a home. Moreover, the communication from their team was severely lacking. I often had to chase them for updates and information, and even then, their responses were vague and unhelpful. It was evident that they didn't prioritise effective communication with their clients.
We needed to re finance and our normal bank rejected us due to the area we were in, apparently ,blacklisted was the term. Loans.com were easy to approach, fast and great to deal with. Highly recommend.
Read full reviewWe needed to re finance and our normal bank rejected us due to the area we were in, apparently ,blacklisted was the term. Loans.com were easy to approach, fast and great to deal with. Highly recommend.
You can get trapped with an old loan and pay a lot more than new customers they do not do internal refinancing, they are difficult to contact and at time of writing this my online account messaging system does not work and my account details have disappeared, have been on phone and every call has been a 30 min plus wait. Sorry there are no pros, just a headache and stress.
Read full reviewYou can get trapped with an old loan and pay a lot more than new customers they do not do internal refinancing, they are difficult to contact and at time of writing this my online account messaging system does not work and my account details have disappeared, have been on phone and every call has been a 30 min plus wait. Sorry there are no pros, just a headache and stress.
Impossible to contact / unless you are a new customer. Unable to contact them by phone after waiting for days after work trying to get through. Usually around thirty plus people waiting each afternoon . Never again will I get a loan through these muppets. Absolutely no customer service or care given . How can they possibly even get any repeat customers. Poor business model .
Read full reviewImpossible to contact / unless you are a new customer. Unable to contact them by phone after waiting for days after work trying to get through. Usually around thirty plus people waiting each afternoon . Never again will I get a loan through these muppets. Absolutely no customer service or care given . How can they possibly even get any repeat customers. Poor business model .
To apply for a loans.com.au home loan you will need to fill in an online application form. Once completed you’ll be invited to book an appointment with a lending manager to finalise your application.
Here is a checklist of what details you may need handy to successfully complete your application: