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Reduce Home Loans Rate Lovers Variable Home Loan

The details shown below are for an owner occupier taking out a principal & interest loan between $200,000 and $850,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a interest only loan between $200,000 and $850,000 with an LVR below 80%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $200,000 $850,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $200,000 $850,000

Rate
2.39% p.a.variable for 60 months and then 2.33% p.a.
Comparison Rate*
2.35% p.a.
Service fee
$0.00
Upfront fee
$0
Rate
2.79% p.a.variable for 60 months and then 2.73% p.a.
Comparison Rate*
2.75% p.a.
Service fee
$0.00
Upfront fee
$0

Details

Rates and fees information correct as at 24 September 2020. 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
  • 2.33% p.a.

  • 2.39% p.a.

  • 60 Months

  • Variable

  • 2.35% 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

  • $0.00

  • $0.00

Other financial bits
  • $200,000

  • $850,000

  • none

  • 80.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes

  • $0.00

  • yes

  • yes - additional 0.05% interest rate loading

  • none

  • 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.

Details

Rates and fees information correct as at 24 September 2020. 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
  • 2.73% p.a.

  • 2.79% p.a.

  • 60 Months

  • Variable

  • 2.75% 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

  • $0.00

  • $0.00

Other financial bits
  • $200,000

  • $850,000

  • none

  • 80.00%

Features
  • Owner Occupier

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • no

  • yes

  • $0.00

  • yes

  • yes - additional 0.05% interest rate loading

  • none

  • 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.

Customer Reviews

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

Overall
8.0/10
Price
9.3/10
Features
7.3/10
Customer service
7.7/10
Convenience
8.5/10
Trust
6.9/10

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2.39% p.a.
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3.66% p.a.

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2.68% p.a.

2.69% p.a.

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2.59% p.a.

2.60% p.a.

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2.49% p.a.

2.49% p.a.

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Fixed Rate Loan (Owner Occupiers with Orange Advantage)

2.34% p.a.
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3.67% p.a.

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UHomeLoan (1 Year Fixed)

n/a

n/a

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Fixed Home Loan (Home Package Plus)

2.49% p.a.
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3.28% p.a.

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2.29% p.a.
fixed 3 years

2.95% p.a.

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Fixed Rate Home Loan (Premium Plus Package)

2.39% p.a.
fixed 3 years

3.66% p.a.

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2.29% p.a.
fixed 3 years

3.72% p.a.

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2.39% p.a.
fixed 3 years

3.08% p.a.

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2.25% p.a.
fixed 3 years

3.41% p.a.

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2.29% p.a.

2.32% p.a.

$0.00

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Variable Home Loan Special

2.19% p.a.

2.22% p.a.

$0.00

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Smart Booster Discount Variable Home Loan

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2.47% p.a.

$0.00

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*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.