Recent research by the Australia Institute reveals that the banks are saving $12 million every day that they hold- off on announcing new rate cuts.
As of this morning there are only two big banks left to announce their new rate cuts with no sign of doing so anytime soon and for $12 million a day [...]
Home Loans: Mortgage Comparison & Application
Compare the Best First Home Buyer, Refinancing & Investment Loans
Home Loan Finder is a 100% free and Australian owned service for comparing home loans and finance products available to Australian mortgage borrowers.
To help you find the best home loan, we have provided you with information and guides about home loans, refinancing,
mortgage brokers in your area, home loan product reviews, the latest mortgage interest rates and special introductory loans. Home Loan Finder is dedicated to helping you make the right home loan choice.
Once you have found the best loan for your circumstances, you can securely enquire online and get pre-approval on your mortgage, or negotiate a more competitive interest rate.
Below is a guide to some of the best home loans* available on the Australian market, sorted by interest rate, comparison rate, home loan features and the lowest fees.
Comparison of Top Home Loan Choices
Rates accurate as at: May 17th, 2012| Home Loan | Details | Interest Rate (p.a.) | Comp Rate^ (p.a.) | App Fee / Ongoing Fee | Max LVR | Min & Max Borrowing | |
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![]() State Custodians Mortgage Company Standard Variable Offset Loan | Awarded the 2011 Non bank Lender of the Year this feature-packed loan rewards customers with a bonus rate drop of 0.25% after 5 years. | 6.02% | 6.23% | $0 / $345 | 95% | $150,000 / $1,000,000 |
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![]() Bankwest Online Home Loan | An exclusive online offer from Bankwest. No ongoing maintenance fees when you apply online. Borrow up to 80% to the property value. | 5.97% | 5.97% | $0 / $0 | 80% | $100,000 / $1,000,000 |
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Loans.com.au - Dream Catcher | A full featured home loan with a 100% redraw offset facility, plus a low interest rate with no application fee. | 5.85% | 6.21% | $0 / $375 | 80% | $50,000 / $750,000 |
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![]() Newcastle Permanent Fixed Rate Home Loan - 2 Year Fixed Rate | Split you home loan for with no extra fee. Plus one of the lowest available home loan interest rates in the market. | 5.99% | 6.56% | $500 / $0 | 95% | $10,000 / $10,000,000 |
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![]() CUA Fixed Rate Home Loan - 3 Year Fixed Rate | A low interest 3 year fixed rate home loan from CUA. Enjoy a $0 ongoing fee. | 5.89% | 6.36% | $600 / $0 | 80% | $10,000 / $5,000,000 |
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![]() Illawarra Home Loans Bank Beater Home Loan | Pay off your loan faster with a low variable rate and a further rate cut by 0.05% p.a. after 5 years. | 6.07% | 6.35% | $0 / $345 | 90% | $250,000 / $1,000,000 |
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Loans.com.au - Dream Loan Express - 2 Year Fixed Rate | A home loan offer with $0 application fee and one of the lowest fixed rate options in market. | 5.68% | 6.07% | $0 / $0 | 80% | $50,000 / $750,000 |
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![]() Aussie Optimizer Fixed Rate Home Loan - 3 Year Fixed Rate | A home loan offer with a $0 ongoing fee and one of the lowest available home loan interest rates. | 5.99% | 6.80% | $500 / $0 | 90% | $100,000 / $2,000,000 |
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![]() bankmecu Refinance Home Loan | One of the lowest variable rate home loans on the market with low application fee. | 5.94% | 6.25% | $0 / $350 | 90% | $100,000 / $9,999,999 |
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![]() AMP Essential Home Loan | The AMP Essential Home Loan offers no ongoing fees and a very low variable rate. | 6.45% | 6.47% | $295 / $ 0 | 90% | $40,000 / $1,000,000 |
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![]() NAB National Choice Package - 2 Year Fixed Rate | A low interest 2 year fixed rate home loan from Nab. | 5.89% | 6.65% | $0 / $395 | 95% | $250,000 / $1,000,000 |
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![]() State Custodians Mortgage Company Breathe Easy Offset Loan | Awarded Best Non Bank Basic Variable July 2011 this fantastic loan rewards customers with no fees and a range of features to keep repayments flexible. | 6.27% | 6.18% | $0 / $0 | 95% | $150,000 / $1,000,000 |
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![]() Fox Symes Standard Variable Home Loan | Refinance your home loan with a low interest rate home with $0 ongoing fee | 6.32% | 6.34% | $Varies / $0 | 95% | $500,000 / $2,000,000 |
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![]() Illawarra Home Loans Bank Beater 95% Plus Home Loan | Enjoy no application, settlement or annual fees and borrow up to 95% of the property value. | 6.26% | 6.28% | $0 / $0 | 95% | $100,000 / $750,000 |
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![]() Major Bank Special Offer ($250,000 - $500,000) | Big 4 Bank online exclusive offer. Limited time offer for new inquiries. | 5.95(fixed for 3 years)% | 6.49% | / | $250,000 / $500,000 |
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![]() UBank UHomeLoan (Variable Rate) | One of the market leading variable interest rates. The maximum loan amount needs to be 80% of the property value. Ideal for refinancers. | 5.83% | 5.83% | $0 / $0 | 80% | $100,000 / $1,000,000 |
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![]() Homeloans ProSmart 2 year Fixed Home Loan | A low interest rate home loan with no ongoing fee. Borrow up to 95% of your home loan value with additional repayments option. | 6.09% | 6.42% | $199 / $0 | 95% | $50,000 / $2,000,000 |
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![]() Easy Street Honeymoon Home Loan Special | Save money with a no service fee and a low interest rate home loan. | 5.89% | 6.56% | $500 / $0 | 95% | $100,000 / $2,500,000 |
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![]() NAB National Choice Package ($250,000 and above) | Discount of 0.70% p.a. off the standard variable home loan rate with the NAB Choice Package. | 6.29% | 6.65% | $0 / $395 | 95% | $250,000 / $10,000,000 |
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![]() ANZ Simplicity Plus Basic Home Loan | Take advantage additional repayments and a low variable rate for the life of the loan. | 6.72% | 6.77% | $0 / $ 0 | 80% | $50,000 / $1,000,000 |
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![]() Commonwealth Bank No Fee Variable Rate | Enjoy zero fees and choice in repayment frequencies and special repayments. | 6.31% | 6.31% | $0 / $0 | 80% | $150,000 / $0 |
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![]() Westpac Flexi First Option Home Loan | Westpac Basic Low Variable Interest Rate Loan. | 6.44% | 6.49% | $600 / $0 | 92% | $25,000 / $10,000,000 |
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Featured Standard Variable Rate Loan
Awarded the Non-Bank Lender of the year 2011, the State Custodians Standard Variable Offset Home Loan features unlimited free redraw and 100% free interest offset account.
- Interest Rate of 6.02%
- Comparison Rate of 6.23%
- Application Fee of $0
- Maximum LVR With LMI: 95%
- Minimum Borrowing: $150,000
- Maximum Borrowing: $1,000,000

Featured Variable Rate Home Loan
Apply for Dream Loan Dream Catcher Home Loan and get a low variable interest rate, plus no application fee and no additional repayment fee.
- Interest Rate of 5.85%
- Comparison Rate of 6.21%
- Application Fee of $0
- Maximum LVR With LMI: 80%
- Minimum Borrowing: $50,000
- Maximum Borrowing: $750,000

Featured Offset Home Loan
Apply for ME Bank Member Package home loan and receive a low interest rate with no application fee, no valuation fee and no solicitor's fee. Plus 100% offset account with free ATM and EFTPOS access.
- Interest Rate of 6.49%
- Comparison Rate of 6.49%
- Application Fee of $0
- Maximum LVR With LMI: 80%
- Minimum Borrowing: $50,000
- Maximum Borrowing: $2,500,000

Find loans offered by Australia's leading bank and non-bank lenders via the loan type or provider in the left sidebar. View details of mortgage brokers to help negotiate a better rate.
- Find

Compare home loans by interest rate, features and fees in our comparison tables and find the most competitive deal.
- Compare

Enquire about pre-approval, rate negotiations or general advice on a new home loan via our online enquiry form.
- Apply
Home Loan Articles and Guides
The Rate Cut Showdown
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What’s the best long term property strategy?
May 4th, 2012When times are tough in the property market, the worst thing you can do is sell your investment property, says property consultant and head of MAP real estate Michael Furlong.
Michael says the talk on the street is that people are frozen in their decision-making in the current state of the economy.
“Whether it’s clients or socially [...]
Choosing a property manager for your property
May 4th, 2012If you decide you will employ a property manager to deal with all aspects of your investment property (or properties) then it’s important to find the right type of manager to suit your property and your expectations.
Finding the right manager can be as important as finding the right property when it comes to the [...]
Current Housing Credit Rates are the New Normal
May 2nd, 2012Some financial analysts say that credit growth is at an all time 35-year low but other analysts say such assertion is misleading and assumes that historical rates of credit growth were somehow normal.
Financial analyst Christopher Joye, a director of Rismark International and Yellow Brick Road Funds Management, says rates of credit growth were not normal. [...]
* The home loans compared on this page are chosen from a range of home loans HomeLoanFinder.com.au has access to track details from. 'Best' and 'Top' are ratings which are subject to our consideration and are not rated against all Australian home loan products. You should consider seeking independent financial advice and your own personal financial circumstances when comparing loans.
























