Home Loans
Buying, upgrading or reviewing — we work through the loan options that may suit your circumstances and explain what each feature actually does.
A home loan is usually the largest financial commitment a household takes on, and the differences between products are not always where people expect. Two loans at a similar rate can behave very differently once offset accounts, redraw, fees, fixed-rate break costs and repayment flexibility are taken into account.
What we do
- Work through what you are trying to achieve and what you can comfortably afford
- Explain the options that may be available to you, and their trade-offs
- Help you prepare and submit the application
- Keep you updated through to settlement
What affects what you can borrow
Income, living expenses, existing commitments, dependants, credit history, the loan type and each lender's own credit policy. Lenders also assess repayments at a buffered rate above the actual interest rate, which is why a borrowing estimate is only ever indicative.
Repayments
Estimate your repayments
Questions
Frequently asked questions
What is the difference between a fixed and variable rate?
A fixed rate is set for an agreed period, so repayments stay the same during that time. A variable rate can move up or down, which changes your repayments. Fixed loans often have restrictions on extra repayments and can involve break costs if you exit early.
How does an offset account work?
An offset account is a transaction account linked to your home loan. The balance in the account is offset against your loan balance when interest is calculated, which can reduce the interest charged. Offset accounts may attract fees or a higher rate.
What is lenders mortgage insurance?
Lenders mortgage insurance protects the lender, not the borrower, and is generally required when the deposit is below a certain percentage of the property value. It is usually a one-off cost that can sometimes be added to the loan.
Get in touch
Talk it through with us
Sending an enquiry doesn’t start an application for credit, and there’s no obligation.