ANZ home loans

How we calculate Home Loan Finder Scores

Read full methodology

What different scores mean

9+

Excellent

These home loans offer low costs, coupled with a host of features, giving the best overall value.

7+

Great

These home loans may have slightly higher interest rates or fewer features but overall, a competitive offering.

5+

Standard

Usually the home loans would offer above average rates. They may still include some competitive features.

0+

Basic

Higher costs and/or fewer features.

ANZ is one of Australia's Big Four banks, providing home loans for investors and owner-occupiers, including fixed and variable rates, and home loan packages. Check out the full table of ANZ products below or read more about the lender and its loans.

Compare ANZ home loans for November 2024

Hit the "Load More" button to compare a bigger selection of products. You can also find more information on each individual product by clicking "More Info".

1 - 5 of 15

Updated regularly

Name	Finder Score	Interest Rate p.a.	Comparison Rate p.a.	Fees	Monthly Payment
ANZ Plus Home Loan Variable Rate Principal & Interest20% min. depositOwner-occupierOffset account ANZ Plus Home Loan Variable Rate Principal & Interest20% min. depositOwner-occupierOffset account Go to site Details Fees Pros & cons Product Name ANZ Plus Home Loan Variable Rate Interest Rate Type Variable Repayment Type Principal & Interest Interest Rate p.a. 6.14% Comp. Rate p.a. 6.15% Minimum Loan Amount $10,000 Maximum Loan Amount $2,000,000 Maximum Loan Term 30 years Maximum LVR 80% Loan Redraw Facility Yes Offset Account Yes Split Loan Facility No Fixed Interest Option No Loan Portable No Extra Repayments Yes Application Fee $0 Lender's Legal Fee $0 Valuation Fee $0 Ongoing Fees $0 p.a. Settlement Fee $0 Discharge Fee $350 Pros Cons	Finder score 8.9 Great	Interest Rate 6.14%	Comparison Rate 6.15%	Fees Application: $0 Ongoing: $0 p.a.	Monthly Payment $914	Go to site Compare	$2,000 cashback Borrowers refinancing $250k or more to ANZ Plus before 31st March 2025 could get a cashback of $2,000. Excl. refinancers from ANZ or Suncorp. Other terms and conditions apply.
ANZ Fixed Rate Home Loan Principal & Interest 2Y Fixed20% min. depositOwner-occupier ANZ Fixed Rate Home Loan Principal & Interest 2Y Fixed20% min. depositOwner-occupier Details Fees Pros & cons Product Name ANZ Fixed Rate Home Loan Interest Rate Type Fixed rate Repayment Type Principal & Interest Interest Rate p.a. 5.74% Comp. Rate p.a. 6.94% Minimum Loan Amount $20,000 Maximum Loan Amount $10,000,000 Maximum Loan Term 30 years Maximum LVR 80% Loan Redraw Facility No Offset Account No Split Loan Facility Yes Fixed Interest Option Yes Loan Portable No Extra Repayments Yes Application Fee $0 Lender's Legal Fee $0 Valuation Fee $0 Ongoing Fees $10 monthly ($120 p.a.) Settlement Fee $160 Discharge Fee $160 Pros Your interest rate won't change over the course of the fixed term Interest only options available for a period of up to 10 years The ability to split your loan in a fixed portion and a variable portion Full offset available for the 1 year fixed rate product Cons $0 valuation fee $160 settlement fee $10 per month account fee	Finder score 8.6 Great	Interest Rate 5.74%	Comparison Rate 6.94%	Fees Application: $0 Ongoing: $10 per month	Monthly Payment $876	Compare	$2,000 - $3,000 cashback First home buyers can get a cashback of $3,000 and refinancers can get a cashback of $2,000 with a new ANZ loan of $250K+ (terms & conditions apply).
ANZ Simplicity PLUS Home Loan Principal & Interest20% min. depositOwner-occupier ANZ Simplicity PLUS Home Loan Principal & Interest20% min. depositOwner-occupier Details Fees Pros & cons Product Name ANZ Simplicity PLUS Home Loan Interest Rate Type Variable rate Repayment Type Principal & Interest Interest Rate p.a. 6.64% Comp. Rate p.a. 6.64% Minimum Loan Amount $50,000 Maximum Loan Amount N/A Maximum Loan Term 30 years Maximum LVR 80% Loan Redraw Facility Yes Offset Account No Split Loan Facility Yes Fixed Interest Option No Loan Portable No Extra Repayments Yes Application Fee $0 Lender's Legal Fee $0 Valuation Fee $0 Ongoing Fees $0 p.a. Settlement Fee $160 Discharge Fee $160 Pros Make extra payments without penalty Withdraw additional payments through the redraw facility Minimal fees Cons There is a minimum redraw amount of $2,000	Finder score 7.9 Great	Interest Rate 6.64%	Comparison Rate 6.64%	Fees Application: $0 Ongoing: $0 p.a.	Monthly Payment $963	Compare	$2,000 - $3,000 cashback First home buyers can get a cashback of $3,000 and refinancers can get a cashback of $2,000 with a new ANZ loan of $250K+ (terms & conditions apply).
ANZ Fixed Rate Home Loan Principal & Interest 2Y Fixed10% min. depositOwner-occupier ANZ Fixed Rate Home Loan Principal & Interest 2Y Fixed10% min. depositOwner-occupier Details Fees Pros & cons Product Name ANZ Fixed Rate Home Loan Interest Rate Type Fixed rate Repayment Type Principal & Interest Interest Rate p.a. 6.19% Comp. Rate p.a. 7.19% Minimum Loan Amount $20,000 Maximum Loan Amount $10,000,000 Maximum Loan Term 30 years Maximum LVR 90% Loan Redraw Facility No Offset Account No Split Loan Facility Yes Fixed Interest Option Yes Loan Portable Yes Extra Repayments Yes Application Fee $0 Lender's Legal Fee $0 Valuation Fee $0 Ongoing Fees $10 monthly ($120 p.a.) Settlement Fee $160 Discharge Fee $160 Pros Your interest rate won't change over the course of the fixed term Interest only options available for a period of up to 10 years The ability to split your loan in a fixed portion and a variable portion Full offset available for the 1 year fixed rate product Cons $0 valuation fee $160 settlement fee $10 per month account fee	Finder score 7.9 Great	Interest Rate 6.19%	Comparison Rate 7.19%	Fees Application: $0 Ongoing: $10 per month	Monthly Payment $919	Compare	$2,000 - $3,000 cashback First home buyers can get a cashback of $3,000 and refinancers can get a cashback of $2,000 with a new ANZ loan of $250K+ (terms & conditions apply).
ANZ Fixed Rate Home Loan Principal & Interest 3Y Fixed10% min. depositOwner-occupier ANZ Fixed Rate Home Loan Principal & Interest 3Y Fixed10% min. depositOwner-occupier Details Fees Pros & cons Product Name ANZ Fixed Rate Home Loan Interest Rate Type Fixed rate Repayment Type Principal & Interest Interest Rate p.a. 6.19% Comp. Rate p.a. 7.08% Minimum Loan Amount $20,000 Maximum Loan Amount $10,000,000 Maximum Loan Term 30 years Maximum LVR 90% Loan Redraw Facility No Offset Account No Split Loan Facility Yes Fixed Interest Option Yes Loan Portable No Extra Repayments Yes Application Fee $0 Lender's Legal Fee $0 Valuation Fee $0 Ongoing Fees $10 monthly ($120 p.a.) Settlement Fee $160 Discharge Fee $160 Pros Your interest rate won't change over the course of the fixed term Interest only options available for a period of up to 10 years The ability to split your loan in a fixed portion and a variable portion Full offset available for the 1 year fixed rate product Cons $0 valuation fee $160 settlement fee $10 per month account fee	Finder score 8 Great	Interest Rate 6.19%	Comparison Rate 7.08%	Fees Application: $0 Ongoing: $10 per month	Monthly Payment $919	Compare	$2,000 - $3,000 cashback First home buyers can get a cashback of $3,000 and refinancers can get a cashback of $2,000 with a new ANZ loan of $250K+ (terms & conditions apply).

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ANZ mortgage features

Here are the key features and details you need to know about ANZ's mortgage products.

How do I apply for an ANZ mortgage?

When applying for any home loan, you will need various documents to establish your identity, your financial situation, employment status and details about the property.

Eligibility

Each ANZ product has specific eligibility criteria but some will apply to all products. For example:

• Age. You must be over 18 years of age.
• Residency. You should be a resident of Australia.
• Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with ANZ you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

📄 Property details. You can start a loan enquiry before you've bought a property, but to complete an application you need the address of the property and a signed contract of sale.

📄 Identification documents. You will need identification such as a driver's licence, passport or birth certificate.

📄 Proof of income documents. Recent payslips can establish your income.

📄 Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

How to apply for a home loan

Lenders like ANZ

If you're interested in Australia's biggest banks you can also compare loans from ANZ's Big Four rivals.

• NAB
• Commonwealth Bank
• Westpac

More home loan questions

• How do I compare ANZ home loans?

  To make sure you find the right ANZ loan you need a clear idea of what you're looking for in a mortgage. These simple questions can help:

  • Do you want help from an actual person? Because ANZ has a large network of branches, you can talk to staff in person when you need home loan help. This is something online lenders and smaller banks may not be able to offer.
  • What do you need the loan for? If you're buying a home to live in, you need an owner-occupier loan. Property investors need an investment loan rate. ANZ has both.
  • Fixed or variable? Do you want the flexibility of a variable rate loan that could rise or fall at any time? Or are you happy to lock in a fixed rate for a certain period so you can forget about rate changes?
  • What features do you need? You need to decide whether you need features like a 100% offset account, the ability to make extra repayments and the option to split your rate.

• Does ANZ offer home loan pre-approval?

  ANZ offers pre-approval. You can apply for pre-approval with ANZ online. Please note that the lender will conduct a credit check, which may impact your credit history.

  Home loan pre-approval is an optional step in the application process that some lenders offer. Pre-approval means a lender has examined your savings, income and spending habits and has a rough idea of how much it could lend you. It's not the same as full loan approval and it's no guarantee that the lender will ultimately approve a full application. But it does allow borrowers to start looking for a home with more confidence and a clearer idea of their borrowing power.

• Are there any risks going with a smaller lender?

  Most Australian borrowers bank with one of the Big Four (Commbank, Westpac, NAB and ANZ). They have physical branches and ATMs in most locations and strong customer support. These are big advantages.

  But if you're worried that smaller lenders are unsafe or less reliable, you probably shouldn't. In Australia, most lenders are authorised deposit-taking institutions (ADIs) and are regulated by the Australian Prudential Regulation Authority (APRA). Almost every lender has a banking licence or partners with a bank.

  There's an assumption that interest rates from the Big Four are less competitive than smaller lenders. And while this is broadly true, the gap has shrunk dramatically in recent years. You can get a very good deal from lenders large and small.

• Should I go with a fixed or variable rate?

  Deciding between a fixed or variable rate depends on what you want from the loan. A variable rate loan can change at any time, either up or down. A variable rate usually offers more flexibility in how fast you can repay the loan and the cost of refinancing.

  A fixed rate loan offers total certainty about your rate, for the fixed period. This means it won't rise, costing you more. But if your lender starts lowering rates you won't benefit either. Refinancing a fixed rate loan means breaking the loan, because you've agreed to a specific rate. This means you may have to pay a fixed rate break fee.

• Do I need a mortgage broker?

  Mortgage brokers are home loan professionals who can help you find a suitable loan. A broker typically charges you no fee, because they receive a commission from your lender. Brokers are great if you are short on time or find the whole process of researching and applying for a home loan confusing. But you can definitely do it yourself and find a good loan. You may even find a better deal. That's because brokers don't compare loans from every lender in the market. They have access to a panel of loans and often don't have smaller online lenders in their panel.

What is Finder Score?

The Finder Score crunches 7,000 home loans across 120+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.

To provide a Score, we compare like-for-like loans. So if you're comparing the best home loans for cashback, you can see how each home loan stacks up against other home loans with the same borrower type, rate type and repayment type. We also take into consideration the amount of cashback offered when calculating the Score so you can tell if it's really worth it.

Read the full Finder Score breakdown

Written by

Richard Whitten

Editor

Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206), a Tier 1 Generic Knowledge certification and a Tier 2 General Advice Deposit Products (RG 146) certification. See full bio

Richard's expertise

Richard has written 553 Finder guides across topics including:

• Home loans
• Property
• Personal finance
• Money-saving tips