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Reduce Home Loans Basic Home Loan Variable

Advertiser disclosure
The details shown below are for an owner occupier taking out a principal & interest loan between $50,000 and $3,500,000 with an LVR below 60%
The details shown below are for an owner occupier taking out a principal & interest loan between $50,000 and $3,500,000 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 < 60% $50,000 $3,500,000
Owner Occupier Principal & Interest 60%-80% $50,000 $3,500,000
  • Owner Occupier (Principal & Interest)
    LVR < 60%
    Loan: $50,000 $3,500,000
  • Owner Occupier (Principal & Interest)
    LVR 60%-80%
    Loan: $50,000 $3,500,000
Rate
6.09% p.a.
Comparison Rate
6.13% p.a.
Service fee
$0.00
Upfront fee
$603
Rate
6.14% p.a.
Comparison Rate
6.18% p.a.
Service fee
$0.00
Upfront fee
$603

Details

Rates and fees information correct as at 23 February 2024. 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

6.09% p.a.

n/a

n/a

n/a

6.13% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$300.00

n/a

n/a

$303.00

n/a

$0.00

$0.00

Other financial bits

$50,000

$3,500,000

none

60.00%

Features

Owner Occupier

Principal & Interest

Monthly

yes - free

no

yes - free

$0.00

yes

no

Online redraw at no cost. Manual redraw available $20. Valuation fee $0-$300 - if over $300, difference payable.

0.05% discount on the variable rate if your LVR is 60% or lower.

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 23 February 2024. 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

6.14% p.a.

n/a

n/a

n/a

6.18% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$300.00

n/a

n/a

$303.00

n/a

$0.00

$0.00

Other financial bits

$50,000

$3,500,000

60.00%

80.00%

Features

Owner Occupier

Principal & Interest

Monthly

yes - free

no

yes - free

$0.00

yes

no

Online redraw at no cost. Manual redraw available $20. Valuation fee $0-$300 - if over $300, difference payable.

0.05% discount on the variable rate if your LVR is 60% or lower.

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 Reduce Home Loans

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Variable

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Ultra Low Rate

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6.58% p.a.

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6.34% p.a.

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Variable

6.29% p.a. variable

6.20% p.a.

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Home Fixed Rate

5.80% p.a.
fixed 3 years

6.05% p.a.

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Unloan

Variable

5.99% p.a. variable

5.90% p.a.

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Sucasa

Ultra Low Rate

6.30% p.a. variable

6.58% p.a.

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Straight Up with AcceleRATES Variable Home Loan

6.24% p.a. variable

6.24% p.a.

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6.15% p.a. variable

6.15% p.a.

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ubank

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6.09% p.a. variable

6.11% p.a.

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Unloan

Variable

6.29% p.a. variable

6.20% p.a.

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Athena

Straight Up with AcceleRATES Variable Home Loan

6.34% p.a. variable

6.34% p.a.

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Up

Home Variable Rate

6.15% p.a.

6.15% p.a.

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Unloan

Variable

5.99% p.a.

5.90% p.a.

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Sucasa

Ultra Low Rate

6.30% p.a.

6.58% p.a.

Thumbnail icon for Athena
Athena

Straight Up with AcceleRATES Variable Home Loan

6.24% p.a.

6.24% p.a.

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ubank

Neat Home Loan

6.09% p.a.

6.11% p.a.

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Macquarie

Basic Home Loan

6.15% p.a.

6.17% p.a.

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Athena

Straight Up with AcceleRATES Variable Home Loan

6.34% p.a.

6.34% p.a.

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ubank

Flex Home Loan Fixed

p.a.

6.52% p.a.

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Up

Home Fixed Rate

5.80% p.a.
fixed 3 years

6.05% p.a.

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ubank

Flex Home Loan Fixed

6.64% p.a.
fixed 3 years

6.56% p.a.

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ING

Fixed Rate Loan (with Orange Advantage)

5.99% p.a.
fixed 3 years

6.12% p.a.

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ANZ

Fixed Rate

6.59% p.a.
fixed 3 years

7.06% p.a.

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ubank

Flex Home Loan Fixed

6.64% p.a.
fixed 3 years

6.56% p.a.

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Unloan

Variable

5.99% p.a.

5.90% p.a.

$0.00

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G&C Mutual Bank

First Home Buyer Loan

5.90% p.a.

5.93% p.a.

$0.00

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Community First Bank

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.

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