🏦Home Loans

Find a better home loan rate.

Our partner mortgage brokers have access to a wide panel of Australian lenders and will compare rates and products on your behalf — at no cost to you.

Wide panel of Australian lenders

Purchase, invest & refinance

No cost to you — broker is paid by the lender

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What are you looking for?

About Home Loans

What you need to know.

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Variable vs fixed rate home loans

Variable rate loans move with the market — when the RBA cash rate changes, your rate typically adjusts accordingly. This provides flexibility (extra repayments and redraw are usually available) but less certainty over repayment amounts. Fixed rate loans lock in a rate for a set period (typically 1–5 years), providing repayment certainty but usually less flexibility. Split loans divide your borrowing between variable and fixed portions.

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What is LVR and why does it matter?

LVR (Loan to Value Ratio) is your loan amount expressed as a percentage of the property value. For example, a $400,000 loan on a $500,000 property is an 80% LVR. An LVR above 80% typically triggers Lenders Mortgage Insurance (LMI) — a one-off premium that protects the lender (not you) and can add thousands to your loan costs. Saving a 20% deposit avoids LMI entirely.

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Comparison rate vs advertised rate

The advertised interest rate is just the base rate. The comparison rate includes fees and charges associated with the loan, giving a more accurate picture of the true annual cost. When comparing home loans, always use the comparison rate rather than the headline rate — a low-rate loan with high fees can be more expensive overall than a slightly higher-rate loan with minimal fees.

Common Questions

Frequently asked questions.

How much can I borrow?

Borrowing capacity depends on your income, living expenses, existing debts and the lender's policies. Australian lenders are required to assess serviceability using a buffer above the loan rate (currently a minimum of 3% above the actual rate). Your employment situation, credit history and the property type also affect your borrowing capacity. A mortgage broker can give you a clear indication before you apply.

What is LMI?

Lenders Mortgage Insurance (LMI) is an insurance policy that protects the lender — not the borrower — in the event you default and the property does not sell for enough to repay the outstanding loan. It is typically required when your LVR exceeds 80%. LMI can be paid as an upfront lump sum or capitalised onto your loan, and can range from a few thousand dollars to tens of thousands depending on the loan amount and LVR.

What is an offset account?

An offset account is a transaction account linked to your home loan. The balance in the offset account is deducted from your loan principal before interest is calculated. For example, if you have a $500,000 loan and $30,000 in an offset account, interest is calculated on $470,000. Keeping your salary in an offset account is an effective way to reduce the interest you pay over the life of the loan.

Why use a mortgage broker?

Mortgage brokers have access to a wide panel of lenders and can compare products on your behalf — at no direct cost to you (they receive a commission from the lender upon settlement). They are particularly useful for first home buyers, self-employed borrowers, and those with complex financial situations. They handle the paperwork, negotiate with lenders, and can access products not available directly through the lender's branch.