Interest only home loan comparisons on Mozo

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Last updated 18 April 2025Important disclosures and comparison rate warning*
  • Flex Home Loan

    Fixed, Investor, Interest Only, LVR 60-70%

    interest rate
    comparison rate
    Initial monthly repayment
    6.19% p.a.
    fixed 2 years
    6.30% p.a.

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    Details
  • Fixed Home loan

    70-80% LVR, Investment, Interest Only

    interest rate
    comparison rate
    Initial monthly repayment
    6.34% p.a.
    fixed 3 years
    6.25% 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.

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    Details
  • Flex Home Loan

    Fixed, Investor, Interest Only, LVR <60%

    interest rate
    comparison rate
    Initial monthly repayment
    6.19% p.a.
    fixed 2 years
    6.26% p.a.

    Compare
    Details
  • Advantage Home Loan

    Owner Occupier

    interest rate
    comparison rate
    Initial monthly repayment
    6.04% p.a. variable
    6.09% 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.

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    Details
  • Basic Variable

    Owner Occupier, Interest Only, LVR <80%

    interest rate
    comparison rate
    Initial monthly repayment
    6.69% p.a. variable
    6.25% 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

Bankwest Complete Variable Home Loan (Package)
Overall 1/10
High interest

Our interest is absurdly high.

Read full review

Our interest is absurdly high.

Price
1/10
Features
1/10
Customer service
3/10
Convenience
2/10
Trust
2/10
Less
Sekai, New South Wales, reviewed 22 days ago
Commonwealth Bank Home Loan
Overall 9/10
Pretty good bank as banks go

Pretty good, the dropped the home loan rate instantly after the RBA decision, and helped me with concession rates and hardship plans and were 90% of the time thoughtful, compassionate and helpful.

Read full review

Pretty good, the dropped the home loan rate instantly after the RBA decision, and helped me with concession rates and hardship plans and were 90% of the time thoughtful, compassionate and helpful.

Price
2/10
Features
3/10
Customer service
7/10
Convenience
10/10
Trust
8/10
Less
Adriana, Victoria, reviewed 24 days ago
Tiimely Home Home Loan
Overall 1/10
Not good as existing customer

Definitely would not recommend. As an existing customer they are charging me a higher rate than advertised to new customers and my request to have it lowered has been rejected. We have to refinance away from Tiimely to get a good rate again. At least I'll be able to join a new bank that actually has an app and faster Osko transfers!

Read full review

Definitely would not recommend. As an existing customer they are charging me a higher rate than advertised to new customers and my request to have it lowered has been rejected. We have to refinance away from Tiimely to get a good rate again. At least I'll be able to join a new bank that actually has an app and faster Osko transfers!

Price
1/10
Features
1/10
Customer service
4/10
Convenience
1/10
Trust
2/10
Less
Rhys, Victoria, reviewed about 1 month ago
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