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Best mortgages comparisons on Mozo - page last updated September 30, 2020

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years

  • 2.49% p.a. variable

    2.52% p.a.

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    Details
  • mozo-experts-choice-2020

    2.48% p.a. variable

    2.50% p.a.

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    Details
  • mozo-experts-choice-2020

    2.49% p.a. variable

    2.49% p.a.

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    Details
  • 2.29% p.a.
    fixed 2 years

    3.28% p.a.

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    Details
  • mozo-experts-choice-2020

    2.09% p.a.
    fixed 2 years

    2.98% p.a.

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    Details
  • mozo-experts-choice-2020

    2.39% p.a. variable

    2.39% p.a.

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    Details
  • 2.54% p.a. variable

    2.55% p.a.

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  • 2.61% p.a. variable

    2.67% p.a.

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    Details
  • 1.99% p.a.variable for 24 months and then 2.50% p.a. variable

    2.93% p.a.

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    Details
  • 2.59% p.a. variable

    3.00% p.a.

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    Details
  • 2.59% p.a. variable

    2.76% p.a.

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    Details
  • 2.65% p.a. variable

    2.68% p.a.

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    Details
  • mozo-experts-choice-2020

    2.29% p.a.
    fixed 3 years

    2.82% p.a.

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    Details
  • 2.18% p.a.
    fixed 2 years

    3.72% p.a.

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    Details
  • 2.68% p.a. variable

    2.69% p.a.

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    Details
  • mozo-experts-choice-2020

    2.14% p.a.
    fixed 3 years

    2.41% p.a.

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    Details
  • 2.39% p.a.
    fixed 3 years

    3.08% p.a.

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    Details
  • mozo-experts-choice-2020

    2.54% p.a. variable

    2.89% p.a.

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    Details
  • 1.99% p.a.variable for 12 months and then 2.48% p.a. variable

    2.47% p.a.

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    Details
  • mozo-experts-choice-2020

    2.29% p.a. variable

    2.32% p.a.

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    Details
  • 2.59% p.a. variable

    2.63% p.a.

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    Details
  • mozo-experts-choice-2020

    3.04% p.a. variable

    3.04% p.a.

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    Details
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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.

**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.

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Home Loan Reviews

ANZ Fixed Rate (Breakfree Package) review
Overall 3/10
Poor customer service.

Very bad customer service when an issue needed to be rectified in setting up our new home loan. We moved banks due to a very good interest rate but noticed that in comparison to the Commonwealth Bank, the ANZ's customer service is non existent.

Read full review

Very bad customer service when an issue needed to be rectified in setting up our new home loan. We moved banks due to a very good interest rate but noticed that in comparison to the Commonwealth Bank, the ANZ's customer service is non existent.

Price
9/10
Features
1/10
Customer service
1/10
Convenience
5/10
Trust
4/10
Less
Jennifer, Victoria reviewed about 16 hours ago
Bendigo Bank Variable Rate Residential review
Overall 9/10
Bendigo Bank supply all our needs.

Bendigo Bank have always been supportive and been able to tailor our loan to suit our needs.

Read full review

Bendigo Bank have always been supportive and been able to tailor our loan to suit our needs.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Claire, Victoria reviewed about 16 hours ago
NAB Tailored Home Loan (Fixed, Choice Package) review
Overall 9/10
Good service.

We received first home owners rate and when the rate dropped they matched the rate that our friend received from another bank which was good. The process of signing up was fairly easy.

Read full review

We received first home owners rate and when the rate dropped they matched the rate that our friend received from another bank which was good. The process of signing up was fairly easy.

Price
8/10
Features
9/10
Customer service
10/10
Convenience
8/10
Trust
8/10
Less
Vanessa, Victoria reviewed about 16 hours ago

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Recent home loan articles

ME Bank and Virgin Money slash Lenders Mortgage Insurance

As lenders compete for home loan customers amid continued rate cuts, some are offering significant reductions on Lenders Mortgage Insurance (LMI).Today, ME Bank announced a 25% cut to LMI for first home buyers combined with discount variable rates on the ME Flexible Home Loan. LMI is typically required on loans with a Loan to Value Ratio (LVR) below 80% (that is, when the deposit is less than 20% of the value of a property). Allowing borrowers with lower deposits to avoid this could cut thousands of dollars from the overall cost of a home loan. “We’ve combined our lowest-ever variable rate, no ongoing fees and our fully featured home loan product with an innovative LMI discount to help first home buyers smash through the deposit hurdle,” ME general manager of home lending, Andrew Bartolo said. To access ME's reduction and attractive new interest rates, borrowers must have a minimum 5% deposit, intend to live in the property, and start paying back the principal loan amount plus interest. Unlike many first home buyer offers, borrowers can still apply if they have previously or currently own a residential investment property.The top 2.58% p.a. rate will be reserved for customers with a LVR under 80%. However, those with smaller deposits will still see substantial interest rate drops from ME’s current 4.31% p.a. headline offer. These start from:- 2.79% p.a. for borrowers with an LVR between 80% and 90% - 3.59% p.a. for those with an LVR over 90%RELATED: St.George reduces Lenders Mortgage Insurance to just $1 for first home buyers.Virgin Money is going one step further and making LMI $0 for eligible borrowers, whether they’re first-time buyers or upgrading to a new property.To be eligible, home buyers must apply for a Reward Me Home Loan (OO, P&I) with a deposit of at least 15% of the property’s value. This offer also comes with discounted rates, including:- Variable rates starting from 2.89% p.a.- Fixed rates starting from 2.49% p.a.Home loan customers considering Virgin Money’s offer can apply until 29 November, but must have their loan settled by 30 May next year.At ME Bank, borrowers can apply from today until 20 November, 2020, and need to settle by 26 February, 2021.If you want to scan more mortgage options, check out the offers below or head to Mozo’s first home loan comparison page.