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 principal & interest loan between $50,000 and $1,000,000 with an LVR below 80%
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 | Principal & Interest | < 80% | $50,000 | $1,000,000 |
Owner Occupier (Principal & Interest)
LVR < 80%
Loan: $50,000 $1,000,000
Owner Occupier (Principal & Interest)
LVR < 80%
Loan: $50,000 $1,000,000
With no ongoing fees and some of the sharpest rates around, the Smart Booster Home Loan from online lender loans.com.au isn’t a deal you’ll want to miss. It offers two ultra low introductory variable rates to owner-occupiers, including one that starts with ‘1’!
The loans.com.au Smart Booster Home Loan comes with a stellar introductory variable rate. The two-year discount special offers a low variable your rate is 1.85% (2.21% comparison rate*) for the first two years before rolling over to the standard 2.25% variable rate.
This loan is available for homebuyers or refinancers looking to borrow between $50,000 and $1 million, over 15 to 30 years. You’ll need to have at least a 20% deposit to access its rates.
Besides low rates, the Smart Booster Home Loan also comes with plenty of flexible features, like extra repayments, free redraws and the option to split your loan up to five times. That means, if you want the flexibility of variable rate loans but the security of fixed rate loans, you’ll have the opportunity to get the best of both worlds by combining the Smart Booster Home Loan with loan.com.au’s Fixed Home Loan.
Plus, there is also the option to add an offset account with an additional 0.10% interest.
With this loan you won’t have to worry about any application or ongoing fees. Although, you will need to factor in a few upfront costs, including a valuation fee ($220 or at cost) and a $300 settlement fee.
And if you prefer to coincide your mortgage repayments with pay day, the Smart Booster Home Loan makes it super easy by giving customers the choice between weekly, fortnightly or monthly repayments.
This home loan suits homebuyers and refinancers with a 20% or more deposit, who want both bang for their buck and all the bells and whistles attached.
Bear in mind that the Smart Booster Home Loan’s variable intro rate of 1.85% p.a. (2.21% p.a. comparison rate*) is only temporary, and will revert to steeper rates once the introductory period is over.
| 2.25% p.a. | |
| 1.85% p.a. | |
| 24 Months | |
| Variable | |
| 2.21% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a |
| $0.00 | |
| $0.00 | |
| $220.00 | |
| $300.00 | |
| n/a | |
| $0.00 | |
| $0.00 |
| $50,000 | |
| $1,000,000 | |
| none | |
| 80.00% |
| Owner Occupier | |
| Principal & Interest | |
| Weekly, Fortnightly, Monthly | |
| yes - free | |
| no | |
| yes - free | |
| $0.00 | |
| yes | |
| Optional - with 0.10% additional interest | |
| $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.
| 2.48% p.a. | |
| 1.99% p.a. | |
| 12 Months | |
| Variable | |
| 2.47% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a |
| $0.00 | |
| $0.00 | |
| $220.00 | |
| $300.00 | |
| n/a | |
| $0.00 | |
| $0.00 |
| $50,000 | |
| $1,000,000 | |
| none | |
| 80.00% |
| Owner Occupier | |
| Principal & Interest | |
| Weekly, Fortnightly, Monthly | |
| yes - free | |
| no | |
| yes - free | |
| $0.00 | |
| yes | |
| Optional - with 0.10% additional interest | |
| $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.
Very quick online process. Efficient and helpful when communicating with them. Once loan set up, the app is easy to use. Very competitive rates.
Read full reviewVery quick online process. Efficient and helpful when communicating with them. Once loan set up, the app is easy to use. Very competitive rates.
I love this bank, very easy to talk to, they offer compassion and explain things that ordinary people understand.
Read full reviewI love this bank, very easy to talk to, they offer compassion and explain things that ordinary people understand.
loans.com.au
Smart Home Loan
2.48% p.a.
2.50% p.a.
$0.00
loans.com.au
Smart Booster Home Loan
1.85% p.a.variable for 24 months and then 2.25% p.a. variable
2.21% p.a.
loans.com.au
Smart Booster Home Loan
1.85% p.a.variable for 24 months and then 2.25% p.a. variable
2.21% p.a.
Bank of Queensland
Economy
1.98% p.a. variable
2.15% p.a.
loans.com.au
Smart Booster Home Loan
1.85% p.a.variable for 24 months and then 2.25% p.a.
2.21% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
2.89% p.a.
fixed 3 years
3.78% p.a.
Bank of Queensland
Fixed Rate
2.99% p.a.
fixed 3 years
3.21% 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.
