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People's Choice Variable Home Loan Package

Advertiser disclosure

The details shown below are for an owner occupier taking out a principal & interest loan between $750,000 and $1,500,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan between $100,000 and $749,999 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan between $100,000 and $749,999 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan between $750,000 and $1,500,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a interest only loan between $100,000 and $749,999 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan between $100,000 and $749,999 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan between $750,000 and $1,500,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan between $750,000 and $1,500,000 with an LVR below 95%

The details shown below are for an investor taking out a principal & interest loan between $100,000 and $1,500,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $100,000 and $1,500,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan between $100,000 and $1,500,000 with an LVR below 80%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $750,000 $1,500,000

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $100,000 $749,999

  • Owner Occupier (Principal & Interest)

    LVR 80%-95%

    Loan: $100,000 $749,999

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $750,000 $1,500,000

  • Owner Occupier (Interest Only)

    LVR 80%-95%

    Loan: $100,000 $749,999

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $100,000 $749,999

  • Owner Occupier (Principal & Interest)

    LVR 80%-95%

    Loan: $750,000 $1,500,000

  • Owner Occupier (Interest Only)

    LVR 80%-95%

    Loan: $750,000 $1,500,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $100,000 $1,500,000

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $100,000 $1,500,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $100,000 $1,500,000

Rate
2.29% p.a.
Comparison Rate
2.74% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
2.49% p.a.
Comparison Rate
2.94% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
2.64% p.a.
Comparison Rate
3.08% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
2.99% p.a.
Comparison Rate
2.95% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.34% p.a.
Comparison Rate
3.29% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.19% p.a.
Comparison Rate
3.14% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
2.44% p.a.
Comparison Rate
2.89% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
3.14% p.a.
Comparison Rate
3.10% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
2.79% p.a.
Comparison Rate
2.80% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
2.94% p.a.
Comparison Rate
2.95% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Rate
2.99% p.a.
Comparison Rate
2.87% p.a.
Service fee
$395.00 yearly
Upfront fee
$0

Mozo editorial review People's Choice Variable Home Loan Package - last updated: 29 October 2021

binocular icon
What's hot
  • 2.64% variable rate (3.08% comparison rate*)
  • Credit card or personal loan application fee waived
  • Offset account
  • Extra repayments and redraws available
What's not
  • $395 yearly service fee
  • $350 discharge fee
Mozo snapshot

If you’re a borrower looking for a home loan with the works, then the People’s Choice Variable Rate Home Loan (Package) could worth taking a closer look at. Aside from the range of package perks (think fee waivers) and useful features (think offset account) that come with the loan, borrowers with a 20% deposit will also be able to snag variable rates as low as 2.64% (3.08% comparison rate*). 

key icon
Key features

The People’s Choice Variable Rate Home Loan (Package) is made for borrowers who want more from their mortgage. Starting with variable rates from 2.64% (3.08% comparison rate*), the loan also features no application, settlement, valuation or legal fees, though there is $395 yearly service fee to remember. Investors rates start from 3.04% (3.46% comparison rate*) for principal and interest repayments.

Borrowers looking to make extra repayments can do so for free and they'll have the choice to make weekly, fortnightly or monthly repayments. There’s also a free redraw facility which borrowers can use to access any extra repayments they've already made ($1,000 minimum redraw), plus the loan also comes with a 100% offset account as well as a split account option.

But what will really elevate the Variable Rate Home Loan (Package) for customers looking to bundle their banking products together is the range of discounts available on other People's Choice accounts. For example, People's Choice will waive the application fee on credit card and personal loans, as well as the monthly account fee on the Everyday and ZIP transaction accounts.

People's Choice have also recently introduced a $750k+ tier, for those looking for borrow more towards their home loan.

snapshot
Who is it good for

If you like the idea of brining all of your banking products under the one umbrella and you can make the most of the package perks on offer, then the People’s Choice Variable Rate Home Loan (Package) could be a great pick for you.

question icon
Any catches

Don't forget, if you take out a People’s Choice Variable Rate Home Loan (Package) there are a few fees to budget for including the $395 yearly service fee and a one-off $350 discharge fee.

Details

Rates and fees information correct as at 28 November 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

2.29% p.a.

n/a

n/a

n/a

2.74% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$395.00 yearly

$350.00

Other financial bits

$750,000

$1,500,000

none

80.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

$1,000.00

yes

yes

none

Fee waiver on credit card, transaction account, offset account.

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.

Details

Rates and fees information correct as at 28 November 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

2.49% p.a.

n/a

n/a

n/a

2.94% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$395.00 yearly

$350.00

Other financial bits

$100,000

$749,999

none

80.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

$1,000.00

yes

yes

none

Fee waiver on credit card, transaction account, offset account.

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.

Details

Rates and fees information correct as at 28 November 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

2.64% p.a.

n/a

n/a

n/a

3.08% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$395.00 yearly

$350.00

Other financial bits

$100,000

$749,999

80.00%

95.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

$1,000.00

yes

yes

none

Fee waiver on credit card, transaction account, offset account.

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.

Details

Rates and fees information correct as at 28 November 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

2.99% p.a.

n/a

n/a

n/a

2.95% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$395.00 yearly

$350.00

Other financial bits

$750,000

$1,500,000

none

80.00%

Features

Owner Occupier

Interest Only

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

$1,000.00

yes

yes

none

Fee waiver on credit card, transaction account, offset account.

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.

Details

Rates and fees information correct as at 28 November 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

3.34% p.a.

n/a

n/a

n/a

3.29% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$395.00 yearly

$350.00

Other financial bits

$100,000

$749,999

80.00%

95.00%

Features

Owner Occupier

Interest Only

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

$1,000.00

yes

yes

none

Fee waiver on credit card, transaction account, offset account.

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.

Details

Rates and fees information correct as at 28 November 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

3.19% p.a.

n/a

n/a

n/a

3.14% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$395.00 yearly

$350.00

Other financial bits

$100,000

$749,999

none

80.00%

Features

Owner Occupier

Interest Only

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

$1,000.00

yes

yes

none

Fee waiver on credit card, transaction account, offset account.

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.

Details

Rates and fees information correct as at 28 November 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

2.44% p.a.

n/a

n/a

n/a

2.89% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$395.00 yearly

$350.00

Other financial bits

$750,000

$1,500,000

80.00%

95.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

$1,000.00

yes

yes

none

Fee waiver on credit card, transaction account, offset account.

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.

Details

Rates and fees information correct as at 28 November 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

3.14% p.a.

n/a

n/a

n/a

3.10% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$395.00 yearly

$350.00

Other financial bits

$750,000

$1,500,000

80.00%

95.00%

Features

Owner Occupier

Interest Only

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

$1,000.00

yes

yes

none

Fee waiver on credit card, transaction account, offset account.

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.

Details

Rates and fees information correct as at 28 November 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

2.79% p.a.

n/a

n/a

n/a

2.80% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$395.00 yearly

$350.00

Other financial bits

$100,000

$1,500,000

none

80.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

$1,000.00

yes

yes

none

Fee waiver on credit card, transaction account, offset account.

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.

Details

Rates and fees information correct as at 28 November 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

2.94% p.a.

n/a

n/a

n/a

2.95% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$395.00 yearly

$350.00

Other financial bits

$100,000

$1,500,000

80.00%

90.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

$1,000.00

yes

yes

none

Fee waiver on credit card, transaction account, offset account.

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.

Details

Rates and fees information correct as at 28 November 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

2.99% p.a.

n/a

n/a

n/a

2.87% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$395.00 yearly

$350.00

Other financial bits

$100,000

$1,500,000

none

80.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

$1,000.00

yes

yes

none

Fee waiver on credit card, transaction account, offset account.

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.

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About People's Choice

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.