The Finder Home Loans Awards 2025 celebrates the best home loan products across 13 different categories. Our experts analysed 15 data points for each product, across value and features, for a total of 7,461 unique home loan products across 124 providers - see who came out on top.
We know some borrowers like the stability of a larger bank, so we looked at the home loans from the top 10 biggest banks in Australia. Bendigo Bank was a clear winner. Its Express Home Loan is hard to compete with, offering borrowers minimal fees, competitive interest rates and an offset account on top of its speedy online service.
We know some borrowers like the stability of a larger bank, so we looked at the home loans from the top 10 biggest banks in Australia. Bendigo Bank was a clear winner. Its Express Home Loan is hard to compete with, offering borrowers minimal fees, competitive interest rates and an offset account on top of its speedy online service.
Best Fixed Home Loan Lender - Owner Occupier: Greater Bank
Borrowers looking for a fixed rate home loan can benefit from no application fees or ongoing fees from Greater Bank, which has gone a long way to making them Finder's best fixed rate home loan of the year provider this year. The bank also tends to offer some of the most competitive rates across the market. You just need to watch out for its eligibility criteria as it only lends for properties in NSW, ACT and Qld.
Borrowers looking for a fixed rate home loan can benefit from no application fees or ongoing fees from Greater Bank, which has gone a long way to making them Finder's best fixed rate home loan of the year provider this year. The bank also tends to offer some of the most competitive rates across the market. You just need to watch out for its eligibility criteria as it only lends for properties in NSW, ACT and Qld.
Qantas Money charges no establishment or ongoing fees, but for $10 a month borrowers do have the option of an offset account. And who could forget the 100,000 Qantas frequent flyer points that come on settlement and then every year for the life of the loan?
Qantas Money charges no establishment or ongoing fees, but for $10 a month borrowers do have the option of an offset account. And who could forget the 100,000 Qantas frequent flyer points that come on settlement and then every year for the life of the loan?
Tiimely Home's fixed rate loans all have really competitive interest rates and no application or ongoing fees driving up the costs. Borrowers also have the option of an offset account with a $10 monthly fee.
Tiimely Home's fixed rate loans all have really competitive interest rates and no application or ongoing fees driving up the costs. Borrowers also have the option of an offset account with a $10 monthly fee.
If you want to know your bank is supporting local communities and not a group of shareholders, this category is for you. Easy Street has been crowned the customer owned bank provider of the year. It has a fairly high application fee of $500, but it makes up for it with lower interest rates than most on the market and no other ongoing fees to worry about. Both its fixed and variable loans also come with the option of an offset account.
If you want to know your bank is supporting local communities and not a group of shareholders, this category is for you. Easy Street has been crowned the customer owned bank provider of the year. It has a fairly high application fee of $500, but it makes up for it with lower interest rates than most on the market and no other ongoing fees to worry about. Both its fixed and variable loans also come with the option of an offset account.
Newcastle Permanent has competitive rates, particularly for its package loans, and many of its loans don't come with additional fees (although some have application fees of $595). Many of its loans don't come with offset accounts, but its variable rate package does.
Newcastle Permanent has competitive rates, particularly for its package loans, and many of its loans don't come with additional fees (although some have application fees of $595). Many of its loans don't come with offset accounts, but its variable rate package does.
Community First Bank is another notable customer-owned bank, with some competitive package home loans. Its package loans come with offset accounts, but there is a $395 annual fee.
Community First Bank is another notable customer-owned bank, with some competitive package home loans. Its package loans come with offset accounts, but there is a $395 annual fee.
Tiimely Home's Live in 10% deposit variable rate loan has been crowned the winner of the best variable owner occupier loan for another year. With competitive rates and almost no fees, with the bonus of an offset account, it's hard to beat.
Tiimely Home's Live in 10% deposit variable rate loan has been crowned the winner of the best variable owner occupier loan for another year. With competitive rates and almost no fees, with the bonus of an offset account, it's hard to beat.
Although Laboraties Credit Union has a $200 application fee, it makes up for it with its consistently competitive interest rate and inclusion of an offset account.
Although Laboraties Credit Union has a $200 application fee, it makes up for it with its consistently competitive interest rate and inclusion of an offset account.
Charging no sneaky fees, the Up Variable Home Loan is a great low-cost option for borrowers. It has the added perk of automatically making all of its accounts act as offset accounts to save you even more.
Charging no sneaky fees, the Up Variable Home Loan is a great low-cost option for borrowers. It has the added perk of automatically making all of its accounts act as offset accounts to save you even more.
Qantas' fixed home loan not only had a strong interest rate over the year, but it also includes the incredible offer of 100,000 each year of the loan. Not to mention the 100% offset account as the cherry on top.
Qantas' fixed home loan not only had a strong interest rate over the year, but it also includes the incredible offer of 100,000 each year of the loan. Not to mention the 100% offset account as the cherry on top.
Even with an annual package fee, Queensland Country Bank has been highly commended thanks to the competitive interest rate and addition of an offset account.
Even with an annual package fee, Queensland Country Bank has been highly commended thanks to the competitive interest rate and addition of an offset account.
Up's variable rate home loan has absolutely no fees, so what you see with the interest rate is what you get. All Up bank accounts also act as offset accounts, making the savings even easier.
Up's variable rate home loan has absolutely no fees, so what you see with the interest rate is what you get. All Up bank accounts also act as offset accounts, making the savings even easier.
Tiimely is holding onto the refinance award for another year. Its online home loan experience provides fast application and approval, with no application or ongoing fees. You also get the choice of adding on an offset to your loan.
Tiimely is holding onto the refinance award for another year. Its online home loan experience provides fast application and approval, with no application or ongoing fees. You also get the choice of adding on an offset to your loan.
Laboratories Credit Union is a great choice for refinancers with its low interest rate, no ongoing fees and offset account. But there is a $200 application fee to be aware of.
Laboratories Credit Union is a great choice for refinancers with its low interest rate, no ongoing fees and offset account. But there is a $200 application fee to be aware of.
Bendigo Bank comes out on top for the top 10 largest banks in Australia. Its Express home loan does have a monthly fee of $10 and you do need to be buying within a capital city or major regional centre, but it also has a full offset account with a speedy application process.
Bendigo Bank comes out on top for the top 10 largest banks in Australia. Its Express home loan does have a monthly fee of $10 and you do need to be buying within a capital city or major regional centre, but it also has a full offset account with a speedy application process.
Suncorp's special offer for its home package plus loan gives borrowers a discounted interest rate. This offer doesn't include an application fee or any ongoing fees, which is great for a package loan.
Suncorp's special offer for its home package plus loan gives borrowers a discounted interest rate. This offer doesn't include an application fee or any ongoing fees, which is great for a package loan.
ING's Orange Advantage Loan has a really competitive rate for one of the large banks and it comes with a 100% offset account. It does have a $299 annual fee to be aware of though, which brings it down from a higher spot.
ING's Orange Advantage Loan has a really competitive rate for one of the large banks and it comes with a 100% offset account. It does have a $299 annual fee to be aware of though, which brings it down from a higher spot.
Easy Street's Smart Variable Home Loan is the winning product for investors who love zero ongoing fees, saving money with an offset account and competitive interest rates.
Easy Street's Smart Variable Home Loan is the winning product for investors who love zero ongoing fees, saving money with an offset account and competitive interest rates.
A Qantas Money variable investor home loan has a slightly higher interest rate than the winning product, but it has no ongoing fees and its incredible offer of 100,000 Qantas frequent flyer points every year of the loan.
A Qantas Money variable investor home loan has a slightly higher interest rate than the winning product, but it has no ongoing fees and its incredible offer of 100,000 Qantas frequent flyer points every year of the loan.
The Queensland Country Bank Ultimate Home Loan package has no establishment fees, no monthly fees and a 100% offset account. As with most package home loans there is a $395 annual fee.
The Queensland Country Bank Ultimate Home Loan package has no establishment fees, no monthly fees and a 100% offset account. As with most package home loans there is a $395 annual fee.
On top of the zero fees, solid interest rate and 100% offset account which won it the top spot, the Queensland Country Bank Ultimate home loan comes with some extra perks like $0 fee on the package credit card and 10% discount on home and contents insurance.
On top of the zero fees, solid interest rate and 100% offset account which won it the top spot, the Queensland Country Bank Ultimate home loan comes with some extra perks like $0 fee on the package credit card and 10% discount on home and contents insurance.
There are no establishment fees with the Bendigo Bank Express Variable home loan but there is a $10 monthly fee. But for that, you get a 100% offset account and the ability to make extra repayments.
There are no establishment fees with the Bendigo Bank Express Variable home loan but there is a $10 monthly fee. But for that, you get a 100% offset account and the ability to make extra repayments.
This packaged investor loan comes with an annual fee, but it has no establishment fee or other ongoing fees. It also comes with a discounted interest rate, 100% offset account and free redraw.
This packaged investor loan comes with an annual fee, but it has no establishment fee or other ongoing fees. It also comes with a discounted interest rate, 100% offset account and free redraw.
Qantas Money's 1 year fixed home loan comes out on top for investors, with an optional 100% offset account, no ongoing fees and 100,000 Qantas frequent flyer points each year.
Qantas Money's 1 year fixed home loan comes out on top for investors, with an optional 100% offset account, no ongoing fees and 100,000 Qantas frequent flyer points each year.
Greater Bank's Great Rate Home Loan comes with no establishment or ongoing fees and the ability to make extra repayments so you can pay off your loan sooner. However, it is only available for borrowers buying properties in NSW, ACT or Qld.
Greater Bank's Great Rate Home Loan comes with no establishment or ongoing fees and the ability to make extra repayments so you can pay off your loan sooner. However, it is only available for borrowers buying properties in NSW, ACT or Qld.
There's a big $500 application fee for Easy Street's 1 year fixed home loan, but it's competitive rate and no ongoing fees mean it's still one of the best 1 year fixed rate products out there.
There's a big $500 application fee for Easy Street's 1 year fixed home loan, but it's competitive rate and no ongoing fees mean it's still one of the best 1 year fixed rate products out there.
The 1-year fixed interest-only home loan from Qantas Money has no ongoing fees, a competitive interest rate for its product type and it has an optional 100% offset account.
The 1-year fixed interest-only home loan from Qantas Money has no ongoing fees, a competitive interest rate for its product type and it has an optional 100% offset account.
Horizon Bank's 1-year fixed IO home loan has no monthly fees and you can choose to add an offset account or make use of the redraw facility. There is a $150 offset account fee however, as well as a $150 annual fee.
Horizon Bank's 1-year fixed IO home loan has no monthly fees and you can choose to add an offset account or make use of the redraw facility. There is a $150 offset account fee however, as well as a $150 annual fee.
The Capricornian's 1-year fixed IO home loan comes with a 100% offset account, no monthly fees and extra repayments up to $10,000 a year.
Best Fixed Home Loan Lender - Investor: Qantas Money
Looking across the board at fixed investor home loans, Qantas Money comes out on top. It has a $345 application fee, but aside from that there are no service fees and it has competitive interest rates. Borrowers can also choose to add an offset account to maximise savings for a fee of $10 a month. Investors will also benefit from Qantas Money's offer of 100,000 Qantas frequent flyer points on settlement and every year for the life of the loan.
Looking across the board at fixed investor home loans, Qantas Money comes out on top. It has a $345 application fee, but aside from that there are no service fees and it has competitive interest rates. Borrowers can also choose to add an offset account to maximise savings for a fee of $10 a month. Investors will also benefit from Qantas Money's offer of 100,000 Qantas frequent flyer points on settlement and every year for the life of the loan.
The second best fixed rate loan provider for investors is Greater Bank. With no application fees, no ongoing fees and multiple offset accounts available once the rate reverts to variable, it could be a great option for many investors.
The second best fixed rate loan provider for investors is Greater Bank. With no application fees, no ongoing fees and multiple offset accounts available once the rate reverts to variable, it could be a great option for many investors.
Despite not taking out any individual product awards, Newcastle Permanent provides one of the strongest offerings across its entire range of fixed investor home loans. It has no monthly or annual fees on top of its competitive fixed rate. However it does not offer an offset account outside of a package loan.
Despite not taking out any individual product awards, Newcastle Permanent provides one of the strongest offerings across its entire range of fixed investor home loans. It has no monthly or annual fees on top of its competitive fixed rate. However it does not offer an offset account outside of a package loan.
Some borrowers just want a no frills home loan with two things: low fees, and the lowest rate you can get. In the value home loan category, Unloan came out on top with no application, ongoing or exit fees and one of the lowest variable rates on the market.
Some borrowers just want a no frills home loan with two things: low fees, and the lowest rate you can get. In the value home loan category, Unloan came out on top with no application, ongoing or exit fees and one of the lowest variable rates on the market.
Greater Bank offers one of the more consistently good value home loan deals for home buyers. The Great Rate Discount Variable Home Loan has a very low rate and very low fees.
Greater Bank offers one of the more consistently good value home loan deals for home buyers. The Great Rate Discount Variable Home Loan has a very low rate and very low fees.
Tiimely Home's variable Own Home Loan has versions with and without a 100% offset account. Both have a very low rate and minimal fees, but the one without the offset costs even less.
Tiimely Home's variable Own Home Loan has versions with and without a 100% offset account. Both have a very low rate and minimal fees, but the one without the offset costs even less.
Finder's Product Awards methodology for home loans
Finder's Home Loan Awards recognises market-leading home loan products, using our proprietary Finder Score ratings methodology, that compares 15 data points for each product, across value and features, for a total of 7,461 unique variants in our database, across 124 providers.
The products were included in the categories if they were currently available for new applications, not restricted to individual states, occupations or application channels, and met the following criteria.
Selection criteria
Owner Occupier Variable Loan: Must be available to owner occupiers with a 20% deposit and offer principal and interest repayments.
Owner Occupier Fixed Home Loan 1 year: Must be a fixed term of 1 year, available to owner occupiers paying principal and interest.
First Home Buyer Loan: Must be available to first home buyers seeking a variable rate with a deposit of 10%
Refinance Loan: Must be available to owner occupiers looking to refinance their loan with a 20% deposit.
Refinance Loan (Large Bank): Must be available to owner occupiers looking to refinance their loan with a 20% deposit from a bank that falls in the top 10 loan book volume based on APRA statistics.
Investor Variable Loan (Principal and Interest): Must be available to investors looking for principal and interest repayments with a minimum 20% deposit.
Investor Variable Loan (Interest Only): Must be available to investors looking for interest only repayments with a minimum 20% deposit.
Investor Fixed 1 year (Principal and Interest): Must be available for investors looking at fixed rate terms of 1 year offering principal and interest repayments.
Investor Fixed 1 year (Interest Only): Must be available for investors looking at fixed rate terms of 1 year offering interest only repayments.
Fixed Home Loan Lender (Owner Occupier): This category aggregates principal and interest and interest only repayment options, across one to five year fixed terms, available for owner occupiers.
Fixed Home Loan Lender (Investor): This category aggregates principal and interest and interest only repayment options, across one to five year fixed terms, available for investors.
Large Bank of the Year: This category aggregates principal and interest variable and fixed term loans of one to three years, across owner occupiers and investors, along with interest only variable and fixed term loans of one to three years for investors, from banks that rank in the top 10 based on loan book volume according to APRA statistics.
Provider of the Year: This category aggregates principal and interest variable and fixed term loans of one to three years, across owner occupiers and investors, along with interest only variable and fixed term loans of one to three years for investors. The category also recognises customer experience, measured through our customer satisfaction awards, and assigns a combined product and customer experience score to eligible lenders.
Provider of the Year (Big 4 Bank):This category aggregates principal and interest variable and fixed term loans of one to three years, across owner occupiers and investors, along with interest only variable and fixed term loans of one to three years for investors. The category also recognises customer experience, measured through our customer satisfaction awards, and assigns a combined product and customer experience score to each of Australia's big 4 banks.
Customer Owned Lender of the Year: This category aggregates principal and interest variable and fixed term loans of one and two years, across owner occupiers and investors, along with interest only variable and fixed term loans of one and two years for investors from customer owned banks.
Most Awarded Lender: This category awards the lender that won or placed highly commended the most across all the above categories.
Value Home Loan: This category awards lenders offering the most competitive products based on their costs, for owner occupiers paying principal and interest on a variable rate, available with a 20% deposit.
We calculate the score for each product over a period of 6 months. Products are scored within their relevant category, which is a combination of their repayment type (Principal and Interest / Interest Only), ownership type (Owner Occupiers / Investors) and rate type (Variable / Short Term Fixed Rates / Long Term Fixed Rates).
Why you can trust our awards
Expert analysis
Our Home Loan Award winners are based on 100+ hours of data analysis of 15 data points across 7,400+ products by our insights team and expert authors.
Comprehensive
We compared available products from 124 of Australia's home loans providers from the biggest banks to the smallest online lenders.
Independent
Some winners may be partners but this never influences our decisions. All policies are based on a clear methodology and meet our editorial standards.
Piyush is an insights analyst at Finder and is responsible for developing the methodology for Finder's Product Awards. He holds an MBA from Macquarie University and a MSc in Banking and Finance from the University of London.
Rebecca Pike is Finder’s senior money writer, with over 10 years of experience in mortgages and personal finance. A frequent TV and radio commentator, she frequently appears on Sunrise, A Current Affair, 9News, and Sky News, and contributes expert analysis to publications like Yahoo Finance and The Latch. Rebecca previously served as Editor of Mortgage Professional Australia. She has a Master’s degree in Journalism as well as ASIC-recognised certifications in Tier 1 Generic Knowledge and Tier 2 General Advice Deposit Products, which comply with ASIC guidelines. See full bio
Rebecca's expertise
Rebecca has written 219 Finder guides across topics including:
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