Reduce Home Loans Investor Rate Buster High Lend Variable

The details shown below are for an investor taking out a principal & interest loan between $50,000 and $249,999 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $50,000 and $249,999 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan between $50,000 and $249,999 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $250,000 and $2,000,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $250,000 and $2,000,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan between $250,000 and $2,000,000 with an LVR below 80%

Choose the version of this loan that suits you best

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $50,000 $249,999

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $50,000 $249,999

  • Investor (Interest Only)

    LVR < 80%

    Loan: $50,000 $249,999

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $250,000 $2,000,000

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $250,000 $2,000,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $250,000 $2,000,000

3.79% p.a.

3.82% p.a.

$0.00

Reduce Home Loans Investor Rate Buster High Lend Variable

3.79% p.a.

3.82% p.a.

$0.00

4.14% p.a.

4.17% p.a.

$0.00

Reduce Home Loans Investor Rate Buster High Lend Variable

4.14% p.a.

4.17% p.a.

$0.00

4.39% p.a.

4.42% p.a.

$0.00

Reduce Home Loans Investor Rate Buster High Lend Variable

4.39% p.a.

4.42% p.a.

$0.00

3.79% p.a.

3.79% p.a.

$0.00

Reduce Home Loans Investor Rate Buster High Lend Variable

3.79% p.a.

3.79% p.a.

$0.00

4.14% p.a.

4.14% p.a.

$0.00

Reduce Home Loans Investor Rate Buster High Lend Variable

4.14% p.a.

4.14% p.a.

$0.00

4.39% p.a.

4.39% p.a.

$0.00

Reduce Home Loans Investor Rate Buster High Lend Variable

4.39% p.a.

4.39% p.a.

$0.00

Mozo Review   Reduce Home Loans Investor Rate Buster High Lend Variable Review

Last updated: 15 March 2019.

What's hot:
  • Competitive 3.79% p.a. variable interest rate (3.79% p.a. comparison rate*) for loans over $250,000

  • No ongoing service or settlement fees

  • Unlimited free extra repayments and free redraw facility

What's not:
  • Legal and valuation fees apply to loans below $250,000

Mozo snapshot:

Looking to buy an investment property? You’re in luck! The Reduce Home Loans Investor Rate Buster Variable Loan offers a competitive variable rate for investors starting at 3.79% p.a. variable interest rate (3.79% p.a. comparison rate*) for loans over $250,000, unlimited free extra repayments and free redraw facility. So, what are you waiting for?

Key features:

The Reduce Home Loans Investor Rate Buster Variable Loan comes with a competitive variable rate for investors starting at 3.79% p.a. variable interest rate (3.79% p.a. comparison rate*), available for loans between $250,000 and $2,000,000, borrowing up to 80% of the property’s value. It’s also available for lower loan amounts, or with an LVR up to 90%, just remember there are different rate tiers depending on the amount you borrow and your LVR.

The Reduce Home Loans Investor Rate Buster Variable Loan offers a range of flexible features to help you save, including an optional offset account for $10 per month, free extra repayments with no early repayment penalty and a free redraw facility. With these features on offer,  you can pay off your loan as quickly as you like without being penalised for doing so. Speaking of which, the Reduce Home Loans Investor Rate Buster Variable Loan gives you the option of either weekly, fortnightly or monthly loan repayments and the option to split your loan between fixed and variable rates.

While there aren't any ongoing service or settlement fees, there are a couple of other charges you’ll need to watch out for if you’re borrowing less than $250,000, including an estimated $275 legal fee and a $250 valuation fee. However, there is an option to have these fees waived so long as you agree to an extra 0.10% interest rate premium.

Who it's good for:

If you’re a property market fiend looking to snatch up your next investment property, the Reduce Home Loans Investor Rate Buster Variable Loan could be the loan that gets the job done for you. This loan is best if you’re borrowing $250,000 or more, as the legal and valuation fees are covered for you.

Any catches?

The Reduce Home Loans Investor Rate Buster Variable Loan comes with an offset account option which can potentially save you heaps on interest, but just be aware that it comes with a $10 monthly fee, so you’ll need to weigh up whether having the account is worth the fee.

Details

Rates and fees information correct as at 27 March 2019. 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
  • 3.79% p.a.

  • n/a

  • 0 Months

  • none

  • 3.82% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $275.00

  • $250.00

  • $0.00

  • none

  • $0.00

  • $0.00

Other financial bits
  • $50,000

  • $249,999

  • none

  • 80.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes - $10/month

  • none

  • Option to waive fees when an extra 0.10% interest rate premium.

*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 27 March 2019. 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
  • 4.14% p.a.

  • n/a

  • 0 Months

  • none

  • 4.17% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $275.00

  • $250.00

  • $0.00

  • none

  • $0.00

  • $0.00

Other financial bits
  • $50,000

  • $249,999

  • 80.00%

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes - $10/month

  • none

  • Option to waive fees when an extra 0.10% interest rate premium.

*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 27 March 2019. 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
  • 4.39% p.a.

  • n/a

  • 0 Months

  • none

  • 4.42% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $275.00

  • $250.00

  • $0.00

  • none

  • $0.00

  • $0.00

Other financial bits
  • $50,000

  • $249,999

  • none

  • 80.00%

Features
  • Investor

  • Interest Only

  • Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes - $10/month

  • none

  • Option to waive fees when an extra 0.10% interest rate premium.

*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 27 March 2019. 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
  • 3.79% p.a.

  • n/a

  • 0 Months

  • none

  • 3.79% 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

  • none

  • $0.00

  • $0.00

Other financial bits
  • $250,000

  • $2,000,000

  • none

  • 80.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes - $10/month

  • none

  • Option to waive fees when an extra 0.10% interest rate premium.

*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 27 March 2019. 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
  • 4.14% p.a.

  • n/a

  • 0 Months

  • none

  • 4.14% 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

  • none

  • $0.00

  • $0.00

Other financial bits
  • $250,000

  • $2,000,000

  • 80.00%

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes - $10/month

  • none

  • Option to waive fees when an extra 0.10% interest rate premium.

*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 27 March 2019. 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
  • 4.39% p.a.

  • n/a

  • 0 Months

  • none

  • 4.39% 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

  • none

  • $0.00

  • $0.00

Other financial bits
  • $250,000

  • $2,000,000

  • none

  • 80.00%

Features
  • Investor

  • Interest Only

  • Fortnightly, Monthly

  • yes - free

  • no

  • yes - free

  • $0.00

  • yes

  • yes - $10/month

  • none

  • Option to waive fees when an extra 0.10% interest rate premium.

*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.

Customer Reviews

How are Reduce Home Loans home loans rated by the Mozo community?

Overall customer rating
9.6/10
Price
9.4/10
Features
8.4/10
Customer service
8.6/10
Convenience
9.0/10
Trust
8.6/10

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