$500,000
25 years
2.20%
Defaults to Mar 2021 average interest rate
Based on your inputs, here’s some home loans worth considering. It can take a few weeks to get loan pre-approval, so it’s a good idea to get the ball rolling as soon as you start looking at properties.
Not sure how to work the calculator? Here's a guide on how to make the most of this handy home loans tool.
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.
Read our Mozo Review to learn more about the Variable Home Loan 70
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.
Read our Mozo Review to learn more about the Unloan Variable
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.
Read our Mozo Review to learn more about the Neat Home Loan
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.
Read our Mozo Review to learn more about the Celebrate Variable Home Loan
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.
Read our Mozo Review to learn more about the Neat Home Loan
^See information about the Mozo Experts Choice Awards
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Home loan pre-approval
When you’re shopping for a home loan, it’s important to have a budget worked out so you can be sure you’re not stretching yourself too thin when it comes to monthly repayments. Visit our budget calculator and crunch the numbers to work out how much you can afford to put toward your home loan each month. From there, you can use our borrowing calculator to determine what size home loan you can afford to borrow.
