Compare
Aussie Home Loans
Posted March 31st, 2010
and last modified February 2nd, 2012
When it comes to home loans, the biggest bank is not necessarily the best choice for you – sometimes you don’t need a bank home loan at all. While it is an immediate assumption that banks are safer, and therefore a better choice for your investment in a home for your family, all Australian financial institutions are governed by the same regulations and overseen by the same independent government bodies to ensure they offer comprehensive products, transparent contracts and pricing and a reliable loan product. Therefore, take a closer look at the home loan products offered by non-bank lender, Aussie Home Loans.
Featured Aussie Home Loan
Enjoy a flexible range of options and low interest rates with Aussie Optimizer Variable Rate Home Loan. For a limited time $0 application fee.
- Interest Rate of 6.45%
- Comparison Rate of 6.46%
- Application Fee of $0
- Maximum LVR With LMI: 95%
- Minimum Borrowing: $100,000
- Maximum Borrowing: $2,000,000
Aussie Home Loans Comparison
| Home Loan | Details | Interest Rate (p.a.) | Comp Rate^ (p.a.) | App Fee / Ongoing Fee | Max LVR | Min & Max Borrowing | |
|---|---|---|---|---|---|---|---|
 Aussie Optimizer Variable Rate |
A variable loan with low fees and a diverse range of features | 6.45% | 6.46% | $0 / $0 | 95% | $100,000 / $2,000,000 |
 
|
 Aussie Optimizer Fixed Rate Home Loan – 1 Year Fixed Rate |
Take advantage of a low interest rate and no hidden fees | 5.99% | 6.41% | $0 / $0 | 95% | $100,000 / $2,000,000 |
|
Aussie Optimizer Fixed Rate Home Loan – 2 Year Fixed Rate |
Give your mortgage some added security Aussie optimizer fixed rate home loan | 5.99% | 6.36% | $0 / $0 | 95% | $100,000 / $2,000,000 |
|
Aussie Optimizer Fixed Rate Home Loan – 3 Year Fixed Rate |
Enjoy a low interest rate a $0 ongoing fee | 5.99% | 6.33% | $0 / $0 | 95% | $100,000 / $2,000,000 |
|
Aussie Optimizer Fixed Rate Home Loan – 5 Year Fixed Rate |
Borrow up to 95% and enjoy a low interest rate and no ongoing fee | 6.69% | 6.56% | $0 / $0 | 95% | $100,000 / $2,000,000 |
|
Types of Aussie Home Loans
Non-bank lenders are not restricted in the types of loans they are able to offer, they simply operate on a smaller scale because most Australians will automatically choose to bank with one of the Big Four rather than shop around for the best deal. Now that you’ve taken the time to take a closer look at what Aussie Home Loans has to offer, you’ll see their range of loans include:
- Fixed home loans. You will find the lowest interest rates on Aussie’s fixed home loans so you will not only be guaranteed that rate and enjoy a constant home loan repayment, you’ll also have more money left in your budget for other living expenses or luxuries. The fixed interest rate loans from Aussie may also suit your needs if you’re not looking for a lot of extra features. This means you don’t have to worry about paying for features you don’t want or need, and you can instead go about paying off your loan simply and easily each month.
- Variable rate home loans. If you want to enjoy the drops in interest rates and ride out the rises you may choose one of Aussie’s variable loans when you purchase your next or first home. You’ll also be able to enjoy a range of features for free, including redraw and loan splitting, plus there are no or few ongoing fees.
- Line of credit. If you have equity in your property or are able to offer another form of security you may be eligible for a line of credit above the amount of your home loan from Aussie. You can use your line of credit to make your repayments, cover renovations or as a safety net fund on an investment property and with a line of credit loan, you are getting credit at one of the lowest interest rates available, and don’t have to repay the amount until you reach your credit limit.
- Discounted interest rates. Aussie are also able to offer you incentives to provide a larger deposit, for example if you have an LVR of less than 70% you can qualify for a discounted interest rate. This can save you in the application stage as you can avoid lender’s mortgage insurance, and throughout the life of your loan as you’ll always be a ahead of the RBA.
- Low doc. If you don’t fit standard lending criteria don’t worry because you may qualify for Aussie’s low doc home loan if you can provide a 20% deposit. You may not have the necessary paperwork because you are self-employed, have a poor credit history or are a new Australian but you can still own your own home.
As you can see, opting for a smaller lender or a non-bank lender in the Australian financial market does not mean you have to go without the features, range and benefits of a personalised loan and all of the latest features. Therefore, find out more now about the Aussie products on offer.
Related Resources
- Aussie Classic (LVR <= 70%)
Aussie understands how difficult it can be to generate the funds for a deposit when looking to purchase your new home. With the Aussie Classic home loan you can take advantage of a loan to value ratio lower than the standard 90%. - Aussie Classic Fixed
With a fixed interest rate home loan you can benefit from the security of being protected against rate rises, and with Aussie you don’t have to compromise popular loan features either. - Aussie Classic Plus ($350,000 - $499,999) LVR <=70%)
With a low interest rate of just 6.61% and flexible repayment options, more and more people are taking advantage of the Aussie Classic Loan. Read this guide to discover if this is the right loan for you. - Aussie Classic Plus (>=$500,000) (LVR <=70%)
- Aussie Classic Plus Fixed
With the current instability of the financial market it is nice to know that the payments on your first home loan will not change. The Aussie Classic Fixed Plus loan will ensure that your payments will not change when interest rates do. Find out more now about whether the Aussie Classic Fixed Plus home loan is for you. - Aussie Optimizer Line of Credit Home Loan
You can expand your investment portfolio by unlocking you equity with the Aussie Classic Line of Credit. Discover more of the fantastic features of this great loan.
Related Posts
- Aussie Optimizer Plus Combo Home Loan
Would you like a low cost loan that also gives you fast access to any equity in your property? If so then the Aussie Optimizer Plus Combo Loan could be just what you’re looking for. Find out why this multi award winning non bank lender is making waves with this enticing new home loan. - Aussie Optimizer Standard Fixed Rate Home Loan
The Aussie Optimizer Standard Fixed Rate Home Loan is a great option for home buyers who want the security of a fixed interest rate. You can choose between 1 and 5 years. This allows you to easily protect yourself from rising interest rates and have certainty about your monthly repayments. There are also payment options available that allow you to customize your home loan to meet your personal needs. - Aussie Optimizer Standard Variable Rate Home Loan
The Aussie Optimizer Standard Variable Rate Home Loan offers flexible repayment and interest rate options. Split the account to obtain the best overall value when purchasing a residential property. User friendly self-help facilities allows for further savings on banking charges and time. - Aussie Optimizer Line of Credit Home Loan
The Aussie Optimizer Line of Credit Home Loan can be applied for by individuals wanting to purchase a residential property from $100 000 and above. This loan includes a variety of repayment and interest rate options with unlimited transactions at no additional charge. - Aussie Optimizer Plus Variable Rate Home Loan
The Aussie Optimizer Plus Variable Rate Home Loan are ideal for individuals wanting to borrow $350 000 or more. With greater interest rate and loan repayment options, it allows for better personal management of the loan. Take advantage of the redraw facility options which will not only save on interest, but includes zero fee charges when done through the self-help facilities. - Aussie Optimizer Variable Rate Home Loan
The Aussie Optimizer Variable Rate Home Loan offers highly competitive and variable loan repayments and interest rate options. By promoting online and automatic self-help transactions, clients can save even more while experiencing greater management over the account. Follow the tips on how you can save money and still access funds for those emergencies.
Ask A Question