The details shown below are for an owner occupier taking out a principal & interest loan between $50,000 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 $50,000 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 $50,000 and $1,000,000 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest loan between $50,000 and $1,000,000 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan between $50,000 and $1,000,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan between $50,000 and $1,000,000 with an LVR below 90%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 80% | $50,000 | $1,000,000 |
| | Owner Occupier | Interest Only | < 80% | $50,000 | $1,000,000 |
| | Owner Occupier | Principal & Interest | < 90% | $50,000 | $1,000,000 |
| | Investor | Principal & Interest | < 80% | $50,000 | $1,000,000 |
| | Investor | Interest Only | < 80% | $50,000 | $1,000,000 |
| | Investor | Principal & Interest | < 90% | $50,000 | $1,000,000 |
Owner Occupier (Principal & Interest)
LVR < 80%
Loan: $50,000 $1,000,000
Owner Occupier (Interest Only)
LVR < 80%
Loan: $50,000 $1,000,000
Owner Occupier (Principal & Interest)
LVR < 90%
Loan: $50,000 $1,000,000
Investor (Principal & Interest)
LVR < 80%
Loan: $50,000 $1,000,000
Investor (Interest Only)
LVR < 80%
Loan: $50,000 $1,000,000
Investor (Principal & Interest)
LVR < 90%
Loan: $50,000 $1,000,000
If you're looking to lock in a low fixed rate, online lender loans.com.au has one of the sharpest 3-year fixed rate specials currently on the market at 1.99% p.a. (2.70% p.a. comparison rate*), so long as you've got at least a 20% deposit. On top of the low fixed rate, you'll also enjoy no ongoing service fees and will be able to make free extra repayments up to $10,000 a year.
With the Fixed Home Loan you can opt for three rate terms - a 1 year, 2 year and 3 year term. The rates will depend on how much equity or deposit you have available. The current three year special rate 1.99% p.a. (2.70% p.a. comparison rate*) is only available for loans with an LVR of 80% or less.
Unlike other fixed rate home loans where after the fixed rate term comes to an end you revert to a higher standard variable rate, with the Fixed Home Loan, you'll automatically rollover to Loans.com.au's low offset variable rate which is one of the lowest in the market. Of course, before the fixed rate term comes to an end you should do your homework and compare your home loan options before locking in or switching loans.
The loan is available for purchase or refinance but if you are looking at buying that multimillion dollar penthouse you'll need to look elsewhere. The maximum loan amount is $1 million and borrowers must have a LVR of 90% or less.
There are no ongoing or application fees with the Fixed Home Loan but there are some upfront costs you'll need to budget for including a valuation fee ($220 or at cost) and a $300 settlement fee.
You can also time your repayments to suit your pay cycle with weekly, fortnightly and monthly options available.
Borrowers that want to lock in their repayments while interest rates are low and are borrowing less than a million dollars.
There is a $550 early discharge fee if you pay the loan out early. This would be on top of any break costs, which depending on the loan amount and the fixed term remaining can be high. It is best to only lock in if you are not planning to sell within the fixed time period.
n/a
n/a
n/a
n/a
n/a
2.29% (2.81%*)
1.99% (2.70%*)
n/a
n/a
n/a
n/a
2.87% p.a.
$0.00
$0.00
$220.00
$300.00
n/a
$0.00
$0.00
$50,000
$1,000,000
none
80.00%
Weekly, Fortnightly, Monthly
yes - free up to $10,000 p.a.
no
no
none
yes
no
$300 discharge fee and $250 discharge documentation fee applicable if loan doesnt go to full term. Available for new loans only.
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.
n/a
n/a
n/a
n/a
3.28% (2.92%*)
2.79% (2.88%*)
3.28% (2.98%*)
n/a
n/a
n/a
n/a
2.87% p.a.
$0.00
$0.00
$220.00
$300.00
n/a
$0.00
$0.00
$50,000
$1,000,000
none
80.00%
Monthly
yes - free up to $10,000 p.a.
no
no
none
yes
no
$300 discharge fee and $250 discharge documentation fee applicable if loan doesnt go to full term.
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.
n/a
n/a
n/a
n/a
2.88% (2.89%*)
2.88% (2.89%*)
2.88% (2.89%*)
n/a
n/a
n/a
n/a
2.87% p.a.
$0.00
$0.00
$220.00
$300.00
n/a
$0.00
$0.00
$50,000
$1,000,000
none
90.00%
Weekly, Fortnightly, Monthly
yes - free up to $10,000 p.a.
no
no
none
yes
no
$300 discharge fee and $250 discharge documentation fee applicable if loan doesnt go to full term.
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.
n/a
n/a
n/a
n/a
n/a
2.69% (2.97%*)
n/a
n/a
n/a
n/a
n/a
2.99% p.a.
$0.00
$0.00
$220.00
$300.00
n/a
$0.00
$0.00
$50,000
$1,000,000
none
80.00%
Weekly, Fortnightly, Monthly
yes - free up to $10,000 p.a.
no
no
none
yes
no
$300 discharge fee and $250 discharge documentation fee applicable if loan doesnt go to full term. Available for new loans only.
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.
n/a
n/a
n/a
n/a
3.48% (3.05%*)
2.99% (3.01%*)
3.48% (3.12%*)
n/a
n/a
n/a
n/a
2.99% p.a.
$0.00
$0.00
$220.00
$300.00
n/a
$0.00
$0.00
$50,000
$1,000,000
none
80.00%
Monthly
yes - free up to $10,000 p.a.
no
no
none
yes
no
$300 discharge fee and $250 discharge documentation fee applicable if loan doesnt go to full term.
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.
n/a
n/a
n/a
n/a
3.08% (3.02%*)
3.08% (3.03%*)
3.08% (3.03%*)
n/a
n/a
n/a
n/a
2.99% p.a.
$0.00
$0.00
$220.00
$300.00
n/a
$0.00
$0.00
$50,000
$1,000,000
none
90.00%
Weekly, Fortnightly, Monthly
yes - free up to $10,000 p.a.
no
no
none
yes
no
$300 discharge fee and $250 discharge documentation fee applicable if loan doesnt go to full term.
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.
It's worth noting that, unlike all the major banks, loans.com.au didn't pass on any of the latest Reserve Bank interest rate cut. As in, they passed on 0% of the RBA cut. Which is shameful to say the least.
Read full reviewIt's worth noting that, unlike all the major banks, loans.com.au didn't pass on any of the latest Reserve Bank interest rate cut. As in, they passed on 0% of the RBA cut. Which is shameful to say the least.
I have had a great experience with this provider. Great service, great advice, quick loan approval, great rates, great features. No hidden costs. Easy to make changes to repayments and friendly people to talk to. Would recommend this service to anyone.
Read full reviewI have had a great experience with this provider. Great service, great advice, quick loan approval, great rates, great features. No hidden costs. Easy to make changes to repayments and friendly people to talk to. Would recommend this service to anyone.
100% Australian owned, loans.com.au opened its doors in 2010 with a vision of "making it easier for people to own and invest in property". loans.com.au offers a winning combination of low interest rates and fees and a commitment to excellent customer service. loans.com.au runs its own call centre and caters to home, investment and personal finance borrowers.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
$0.00
loans.com.au
Smart Booster Investor Bundle
1.99% p.a.variable for 12 months and then 2.74% p.a.
2.71% p.a.
$0.00
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a. variable
2.47% p.a.
Homestar
Star Gold Home Loan
1.79% p.a. variable
1.84% p.a.
Bank of Queensland
Fixed Rate
1.94% p.a.
fixed 3 years
2.97% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a. variable
2.47% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
1.98% p.a.
fixed 3 years
3.56% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
Homestar
Star Gold Home Loan
1.79% p.a.
1.84% p.a.
Yard
Variable Home Loan Special
2.09% p.a.
2.12% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
1.98% p.a.
fixed 3 years
3.56% p.a.
Homestar
Star Classic Fixed Home Loan
n/a
n/a
People's Choice Credit Union
Fixed Rate Home Loan (Package)
1.89% p.a.
fixed 3 years
3.03% p.a.
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.
