Top Home Loans in 2020

Mozo's expert home loan comparisons could help you save thousands by finding a great value home loan with the  right features for your needs. We compare over 500 home loans from 80 lenders to help you find the right loan quickly and easily.

Read more

Getting started is easy

Simply compare today’s mortgage rates in the table below and enter your loan amount to calculate initial mortgage repayments for each loan.

How to find the best rates

Some of the best value loans on the market are often from smaller lenders. Be sure to check the more info section for the minimum deposit required for each loan, as this can vary from 5% to 30%.

Don’t forget to check fees and features

While you’re there, review the fees and features of each loan. Most variable loans offer free extra repayments and redraw, but not all loans offer a mortgage offset account. Common fees to be aware of include upfront fees, ongoing fees and discharge fees.

Top Home Loans - page last updated August 11, 2020

Search promoted home loans below or do a full Mozo database search. Advertiser disclosure.

I want to borrow

years

  • mozo-experts-choice-2020

    2.09% p.a.
    fixed 2 years

    2.98% p.a.

      Compare
    Details
  • 2.59% p.a. variable

    2.62% p.a.

      Compare
    Details
  • 1.99% p.a.variable for 12 months and then 2.57% p.a. variable

    2.55% p.a.

      Compare
    Details
  • mozo-experts-choice-2020

    2.14% p.a.
    fixed 3 years

    2.41% p.a.

      Compare
    Details
  • Hot Deal$2,500 cashback when you refinance your home loan to BOQ (T&Cs apply)

    2.29% p.a.
    fixed 2 years

    3.52% p.a.

      Compare
    Details
  • 2.19% p.a.
    fixed 2 years

    2.65% p.a.

      Compare
    Details
  • 2.29% p.a.
    fixed 2 years

    3.32% p.a.

      Compare
    Details
  • 2.39% p.a. variable

    2.40% p.a.

      Compare
    Details
  • mozo-experts-choice-2020

    2.49% p.a. variable

    2.49% p.a.

      Compare
    Details
  • 2.69% p.a. variable

    2.69% p.a.

      Compare
    Details
  • mozo-experts-choice-2020

    2.29% p.a.
    fixed 3 years

    2.82% p.a.

      Compare
    Details
  • 2.18% p.a.
    fixed 2 years

    3.72% p.a.

      Compare
    Details
  • mozo-experts-choice-2020

    2.19% p.a.
    fixed 2 years

    3.79% p.a.

      Compare
    Details
  • mozo-experts-choice-2020

    2.39% p.a. variable

    2.42% p.a.

      Compare
    Details
  • mozo-experts-choice-2020

    2.59% p.a. variable

    2.55% p.a.

      Compare
    Details
  • 2.78% p.a. variable

    2.79% p.a.

      Compare
    Details
  • 2.39% p.a. variable

    2.42% p.a.

      Compare
    Details
  • 1.98% p.a.
    fixed 1 year

    2.51% p.a.

      Compare
    Details
  • 2.59% p.a. variable

    2.63% p.a.

      Compare
    Details
  • mozo-experts-choice-2020

    2.89% p.a. variable

    2.89% p.a.

      Compare
    Details
  • 2.29% p.a.
    fixed 2 years

    3.82% p.a.

      Compare
    Details
  • 2.29% p.a.
    fixed 2 years

    2.98% p.a.

      Compare
    Details
  • 2.69% p.a. variable

    2.86% p.a.

      Compare
    Details
Picture of Steve Jovcevski

Talk to a Mozo home loans expert

Buying your first home, refinancing your existing home or thinking of investing? Speak to Steve, our home loans expert today!

*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.

**Initial monthly repayment figures are estimates only, based on the advertised rate, loan amount and term entered. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

^See information about the Mozo Experts Choice Home loans Awards

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.

Switch & Save Calculator

How much could you save by switching your home loan? Compare savings from over 500 home loans. Find out in a few clicks.

Get started

Advertisement

Home loan resources

Views, news, tips and guides to help find the home loan for you.

Home loan guides

Recent home loan tips

Home Loan Reviews

RAMS Fixed Rate review
Overall 10/10
Go to RAMS.

They looked after me when I was struggling many years ago.

Read full review

They looked after me when I was struggling many years ago.

Price
8/10
Features
7/10
Customer service
10/10
Convenience
10/10
Trust
9/10
Less
Janette, New South Wales reviewed about 14 hours ago
NAB Base Variable Rate Home Loan review
Overall 9/10
Have no complaints. Solid service and great staff.

Staff were extremely helpful. They walked me through every step and are very easy to get in contact with. Online site very easy to navigate.

Read full review

Staff were extremely helpful. They walked me through every step and are very easy to get in contact with. Online site very easy to navigate.

Price
8/10
Features
9/10
Customer service
10/10
Convenience
9/10
Trust
9/10
Less
Janet, Queensland reviewed about 14 hours ago
Bank of Melbourne Fixed Home Loan review
Overall 8/10
Would recommend.

BOM is a good bank with excellent customer service. Wait times low and my questions have always been answered timely with good financial support. Online banking very good too.

Read full review

BOM is a good bank with excellent customer service. Wait times low and my questions have always been answered timely with good financial support. Online banking very good too.

Price
6/10
Features
7/10
Customer service
9/10
Convenience
8/10
Trust
8/10
Less
Katherine, Victoria reviewed about 14 hours ago

Mortgage calculators

Recent home loan articles