Yard logo
Mini meca 2021

Yard Variable Home Loan Special

Advertiser disclosure

The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $1,500,000 with an LVR below 70%

The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $1,500,000 with an LVR below 80%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 70%

    Loan: $150,000 $1,500,000

  • Owner Occupier (Principal & Interest)

    LVR 70%-80%

    Loan: $150,000 $1,500,000

Rate
1.99% p.a.
Comparison Rate
2.02% p.a.
Service fee
$0.00
Upfront fee
$849
Go to site
Rate
2.19% p.a.
Comparison Rate
2.22% p.a.
Service fee
$0.00
Upfront fee
$849

Mozo editorial review Yard Variable Home Loan Special - last updated: 28 July 2021

5 / 5
binocular icon
What's hot
  • Variable rates start at 1.99% p.a. (2.02% p.a. comparison rate*)
  • Free extra repayments and redraw facility
  • Offset account available (for $10 per month)
  • 2021 Mozo Experts Choice Award winner
What's not
  • $150 settlement fee
  • $500 discharge fee
Mozo snapshot

With the Yard Variable Home Loan Special, borrowers that apply by the 31st of October 2021 will be able to enjoy rates as low as 1.99% (2.02% comparison rate*), along with helpful features like a redraw facility and offset account (available for $10 per month). And to top it off, this home loan received two 2021 Mozo Experts Choice Awards for Best Low Cost Home Loan and Offset Home Loan. 

key icon
Key features

The Yard Variable Home Loan Special offers owner occupiers with a LVR below 70% a low 1.99% variable rate (2.02% comparison rate*), while customers with an LVR between 70% and 80% receive a still competitive 2.19% (2.22% comparison rate*).

With this loan, customers can borrower between $150,000 and $1,500,000. There are also a number of handy features to make the path to home ownership that much easier, including the ability to make free extra repayments and access a redraw facility. An offset account is also available to help you save on interest, however this will cost you $10 per month.

snapshot
Who is it good for

Owner occupiers looking for a good value home loan that also offers a decent amount of flexibility should appreciate the Yard Variable Home Loan Special.

question icon
Any catches

There are a few fees you’ll need to budget for, including a $150 settlement fee and a $500 discharge fee. There are also legal and valuation fees of approximately $434.50 and $250, respectively.

Picture of Niko Iliakis
Niko Iliakis
Money writer

Niko Iliakis is a finance journalist at Mozo specialising in home loans, property and interest rate movements. With an eye for facts and figures, Niko deep-dives into topics to help readers understand key info and make more informed financial decisions. He is ASIC RG146 (Tier 2) certified for general advice.

Details

Rates and fees information correct as at 3 August 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

1.99% p.a.

n/a

n/a

n/a

2.02% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$434.50

$264.00

$150.00

n/a

$0.00

$500.00

Other financial bits

$150,000

$1,500,000

none

70.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

none

none

Optional - $10 per month

Valuation and legal fees are approximate and charged at cost. Rates are available to applicants with Excellent credit.

none

Special rate applies to home loan applications submitted by 31 October 2021.

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 3 August 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

2.19% p.a.

n/a

n/a

n/a

2.22% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$434.50

$264.00

$150.00

n/a

$0.00

$500.00

Other financial bits

$150,000

$1,500,000

70.00%

80.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

none

none

Optional - $10 per month

Valuation and legal fees are approximate and charged at cost. Rates are available to applicants with Excellent credit.

none

Special rate applies to home loan applications submitted by 31 October 2021.

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

This product does not currently have any community reviews. Be the first to write one.

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.