Interest only home loan comparisons on Mozo - last updated 28 April 2024

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  • Fixed Home loan

    70-80% LVR, Investment, Interest Only

    interest rate
    comparison rate
    Initial monthly repayment
    6.64% p.a.
    fixed 3 years
    6.33% p.a.

    Competitive rate tiers for investors only. Leverage the equity you have built up for a lower interest rate. Enjoy a super-fast application process. Split up to 10 loans against your property. Optional offset accounts. Unlimited fee-free transactions. Interest only option.

    Compare
    Details
  • Choice Home Loan

    Owner Occupier

    interest rate
    comparison rate
    Initial monthly repayment
    6.74% p.a. variable
    6.77% p.a.

    Competitive variable interest rate. No establishment or ongoing monthly fees to pay. Optional offset account available for 0.10%. Unlimited redraws. Extra repayments allowed. No minimum loan amount.

    Compare
    Details
  • Basic Variable

    Owner Occupier, Interest Only, LVR <80%

    interest rate
    comparison rate
    Initial monthly repayment
    6.94% p.a. variable
    6.47% p.a.

    Compare
    Details
  • First Home Buyer Variable Home Loan

    Owner Occupier, Interest Only, LVR >90%

    interest rate
    comparison rate
    Initial monthly repayment
    5.99% p.a. variable
    6.76% p.a.

    Compare
    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.

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.

Home loan lenders we compare at Mozo

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Home loan resources

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

Home Loan Reviews

BCU Bank Home Loan
Overall 10/10
BCU representative Rebecca Wickham was great.

The representative is the reason for the positive review. Rebecca Wickham at BCU was attentive and patient.

Read full review

The representative is the reason for the positive review. Rebecca Wickham at BCU was attentive and patient.

Price
8/10
Features
8/10
Customer service
10/10
Convenience
10/10
Trust
8/10
Less
Kirsty, Queensland, reviewed 26 days ago
Commonwealth Bank Standard Variable Rate
Overall 6/10
Supportive and helpful

FLEXIBLE AND ACCESSIBLE

Read full review

FLEXIBLE AND ACCESSIBLE

Price
6/10
Features
6/10
Customer service
6/10
Convenience
6/10
Trust
6/10
Less
Tessa, Queensland, reviewed 26 days ago
Westpac Home Loan
Overall 9/10
Trustworthy and great products

I have banked with all the major banks and a few smaller and by far Westpac is the best

Read full review

I have banked with all the major banks and a few smaller and by far Westpac is the best

Price
8/10
Features
8/10
Customer service
9/10
Convenience
9/10
Trust
9/10
Less
Kirsty, Queensland, reviewed 26 days ago
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