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 couple of different introductory variable rates, depending on how long you want that initial rate to last for:
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 rates of 1.99% p.a. (2.47% p.a. comparison rate*) and 2.09% p.a. (2.71% p.a. comparison rate*) are only temporary, and will revert to steeper rates once the introductory period is over.
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.
2.79% p.a.
2.09% p.a.
24 Months
Variable
2.71% 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.
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 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.
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
Variable Home Loan (Premium Plus Package)
2.94% p.a. variable
3.34% 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.
Homestar
Star Classic Fixed Home Loan
n/a
n/a
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
2.18% p.a.
fixed 3 years
3.62% p.a.
People's Choice Credit Union
Fixed Rate Home Loan (Package)
1.89% p.a.
fixed 3 years
3.03% p.a.
Homestar
Star Gold Home Loan
1.79% p.a.
1.84% p.a.
$0.00
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.
