Choose the version of this loan that suits you best
Availability | Loan type | LVR | Min loan amount | Max loan amount | |
---|---|---|---|---|---|
|
Owner Occupier | Principal & Interest | < 70% | $100,000 | $1,500,000 |
|
Owner Occupier | Principal & Interest | 70%-80% | $100,000 | $1,500,000 |
|
Owner Occupier | Principal & Interest | 80%-95% | $100,000 | $1,500,000 |
|
Investor | Principal & Interest | < 70% | $100,000 | $1,500,000 |
|
Investor | Principal & Interest | 70%-80% | $100,000 | $1,500,000 |
|
Investor | Principal & Interest | 80%-90% | $100,000 | $1,500,000 |
|
Investor | Interest Only | < 70% | $100,000 | $1,500,000 |
|
Investor | Interest Only | 70%-80% | $100,000 | $1,500,000 |
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 6.09% p.a. variable rate (6.45% p.a. comparison rate*).
The People’s Choice Variable Rate Home Loan (Package) is made for borrowers who want more from their mortgage. Starting with variable rates from 6.09% p.a. variable rate (6.45% p.a. 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 6.34% p.a. (6.70% p.a. 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.
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.
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.
5.99% p.a. |
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n/a |
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n/a |
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n/a |
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6.35% p.a. |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
$0.00 |
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$0.00 |
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$0.00 |
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$0.00 |
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n/a |
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$395.00 yearly |
|
$350.00 |
$100,000 |
|
$1,500,000 |
|
none |
|
70.00% |
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. |
|
Annual fee waived in first year, for applications submitted by 15/12/2023 and settled by 29/02/2024. |
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.
6.09% p.a. |
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n/a |
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n/a |
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n/a |
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6.45% p.a. |
|
n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
$0.00 |
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$0.00 |
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$0.00 |
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$0.00 |
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n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
$1,500,000 |
|
70.00% |
|
80.00% |
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. |
|
Annual fee waived in first year, for applications submitted by 15/12/2023 and settled by 29/02/2024. |
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.
6.64% p.a. |
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n/a |
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n/a |
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n/a |
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6.99% p.a. |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
$0.00 |
|
$0.00 |
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$0.00 |
|
$0.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
$1,500,000 |
|
80.00% |
|
95.00% |
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. |
|
Annual fee waived in first year, for applications submitted by 15/12/2023 and settled by 29/02/2024. |
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.
6.24% p.a. |
|
n/a |
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n/a |
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n/a |
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6.60% p.a. |
|
n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
$0.00 |
|
$0.00 |
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$0.00 |
|
$0.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
$1,500,000 |
|
none |
|
70.00% |
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. |
|
Annual fee waived in first year, for applications submitted by 15/12/2023 and settled by 29/02/2024. |
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.
6.34% p.a. |
|
n/a |
|
n/a |
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n/a |
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6.70% p.a. |
|
n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
$0.00 |
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$0.00 |
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$0.00 |
|
$0.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
$1,500,000 |
|
70.00% |
|
80.00% |
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. |
|
Annual fee waived in first year, for applications submitted by 15/12/2023 and settled by 29/02/2024. |
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.
6.89% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
7.24% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
$1,500,000 |
|
80.00% |
|
90.00% |
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. |
|
Annual fee waived in first year, for applications submitted by 15/12/2023 and settled by 29/02/2024. |
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.
6.54% p.a. |
|
n/a |
|
n/a |
|
n/a |
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6.89% p.a. |
|
n/a |
|
n/a |
|
n/a |
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n/a |
|
n/a |
|
n/a |
|
n/a |
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n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
$1,500,000 |
|
none |
|
70.00% |
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. |
|
Annual fee waived in first year, for applications submitted by 15/12/2023 and settled by 29/02/2024. |
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.
6.64% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
6.99% p.a. |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
|
n/a |
$0.00 |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
n/a |
|
$395.00 yearly |
|
$350.00 |
$100,000 |
|
$1,500,000 |
|
70.00% |
|
80.00% |
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. |
|
Annual fee waived in first year, for applications submitted by 15/12/2023 and settled by 29/02/2024. |
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.
I have found the staff respectful and helpful. They always have answered my questions and home loan rate is low. Recommend if you not banking with people's choice and you are thinking of changing your home loan over to people's choice. It's worth speaking to them..
Read full reviewI have found the staff respectful and helpful. They always have answered my questions and home loan rate is low. Recommend if you not banking with people's choice and you are thinking of changing your home loan over to people's choice. It's worth speaking to them..
Home Value Loan
6.09% p.a. variable
6.09% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
Elevate
6.09% p.a. variable
6.20% p.a.
Fixed Rate Loan (with Orange Advantage)
5.99% p.a.
fixed 3 years
6.12% p.a.
Elevate
6.09% p.a.
6.20% p.a.
Mortgage Simplifier
6.14% p.a.
6.17% p.a.
Express Home Loan (Fixed)
6.04% p.a.
fixed 3 years
6.15% p.a.
Express Home Loan (Fixed)
6.54% p.a.
fixed 3 years
6.38% p.a.
Fixed Rate Loan (with Orange Advantage)
5.99% p.a.
fixed 3 years
6.12% p.a.
Express Home Loan (Fixed)
6.54% p.a.
fixed 3 years
6.38% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
First Home Buyer Loan
5.90% p.a.
5.93% p.a.
$0.00
Basic Variable Home Loan
5.94% p.a.
5.99% 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.