The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $5,000,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan between $150,000 and $5,000,000 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan between $150,000 and $5,000,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $150,000 and $5,000,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan between $150,000 and $5,000,000 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan between $150,000 and $5,000,000 with an LVR below 90%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan: $150,000 $5,000,000

  • Owner Occupier (Interest Only)

    LVR < 90%

    Loan: $150,000 $5,000,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $150,000 $5,000,000

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $150,000 $5,000,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $150,000 $5,000,000

  • Investor (Interest Only)

    LVR 80%-90%

    Loan: $150,000 $5,000,000

Rate
2.55% p.a.
Comparison Rate
2.58% p.a.
Service fee
$0.00
Upfront fee
$530
Rate
3.24% p.a.
Comparison Rate
3.21% p.a.
Service fee
$0.00
Upfront fee
$530
Rate
2.40% p.a.
Comparison Rate
2.43% p.a.
Service fee
$0.00
Upfront fee
$530
Rate
2.77% p.a.
Comparison Rate
2.80% p.a.
Service fee
$0.00
Upfront fee
$530
Rate
2.69% p.a.
Comparison Rate
2.71% p.a.
Service fee
$0.00
Upfront fee
$530
Rate
2.99% p.a.
Comparison Rate
3.22% p.a.
Service fee
$0.00
Upfront fee
$530

Mozo editorial review Yard Variable Home Loan - last updated: 18 October 2021

binocular icon
What's hot
  • Variable rates from 2.55% (2.58% comparison rate*)
  • Free extra repayments and redraws
  • Optional offset account ($10/month)
What's not
  • Upfront fees
Mozo snapshot

Available for both purchasing and refinancing, online lender Yard’s Variable Rate Home Loan comes with sharp variable rates from 2.55% (2.58% comparison rate*) and more than a few bells and whistles attached. Additional features include unlimited, free extra repayments, a free redraw facility and an optional offset account (for an $10 monthly fee), plus the loan is even available to borrowers with lower deposits. 

key icon
Key features

Yard’s Variable Rate Home Loans is available to both owner occupiers and investors. There are a number of variable rates, each dependent on factors including where you live, your occupation and your individual credit rating. If you’re a major city dweller, your annual variable interest rate could be as low as 2.55% (2.58% comparison rate*) for owner occupier borrowers with a deposit as little as 5%.

Find home loan applications a little confusing and time consuming? With Yard, not only will you have a dedicated loan consultant working with you during the process, but you'll be able to submit your application within 15 minutes!

And if you’re looking for a way to pay off your home loan sooner, then you may want to note that this home loan gives borrowers the ability to make unlimited, free extra repayments and access to an online redraw facility. There's even an option to add an offset account, though you'll want to make sure you're getting good use out of it because it does come with a $10 monthly fee.


snapshot
Who is it good for

Yard’s Variable Rate Home Loans may be suited to someone keen to take advantage of a competitive variable rate, as well as a number of additional features such as free extra repayments, the redraw facility and the optional offset account. 

question icon
Any catches

If you live in a regional area rates are not quite as low as they would be if you lived in a major city, but are still fairly competitive. There are also a number of one-off fees you'll want to weigh up first, including: a $380 legal fee, $150 settlement fee, $500 discharge fee and a valuation fee applied at cost. 


Details

Rates and fees information correct as at 28 October 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

2.55% p.a.

n/a

n/a

n/a

2.58% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$380.00

n/a

$150.00

n/a

$0.00

$500.00

Other financial bits

$150,000

$5,000,000

none

95.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

none

none

Optional - $10 per month

Valuation fee charged at cost. Rates are available to applicants with Excellent credit.

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 28 October 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

3.24% p.a.

n/a

n/a

n/a

3.21% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$380.00

n/a

$150.00

n/a

$0.00

$500.00

Other financial bits

$150,000

$5,000,000

none

90.00%

Features

Owner Occupier

Interest Only

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

none

none

Optional - $10 per month

Valuation fee charged at cost. Rates are available to applicants with Excellent credit.

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 28 October 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

2.40% p.a.

n/a

n/a

n/a

2.43% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$380.00

n/a

$150.00

n/a

$0.00

$500.00

Other financial bits

$150,000

$5,000,000

none

80.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

none

none

Optional - $10 per month

Valuation fee charged at cost. Rates are available to applicants with Excellent credit.

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 28 October 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

2.77% p.a.

n/a

n/a

n/a

2.80% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$380.00

n/a

$150.00

n/a

$0.00

$500.00

Other financial bits

$150,000

$5,000,000

80.00%

90.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

none

none

Optional - $10 per month

Valuation fee charged at cost. Rates are available to applicants with Excellent credit.

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 28 October 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

2.69% p.a.

n/a

n/a

n/a

2.71% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$380.00

n/a

$150.00

n/a

$0.00

$500.00

Other financial bits

$150,000

$5,000,000

none

80.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

none

none

Optional - $10 per month

Valuation fee charged at cost. Rates are available to applicants with Excellent credit.

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 28 October 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

2.99% p.a.

n/a

n/a

n/a

3.22% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$380.00

n/a

$150.00

n/a

$0.00

$500.00

Other financial bits

$150,000

$5,000,000

80.00%

90.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

none

none

Optional - $10 per month

Valuation fee charged at cost. Rates are available to applicants with Excellent credit.

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

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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.