We currently don't have that product, but here are others to consider:
How we picked theseThe 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
If you're looking for a honeymoon home loan with an upfront discount you need to make sure that the loan is a good product for you (regardless of the discount) and check that it doesn't have big discharge or switching fees. This could make refinancing more expensive once the honeymoon rate ends.Introductory rate home loans are designed with first home buyers in mind. They offer a low rate of interest for a special promotional period (normally about a year), which helps keep your payments down. It’s not unusual for this low rate to be a whole percentage point below the standard rate.
Once the honeymoon rate period is over, the interest rate reverts to the product’s standard variable rate. If this revert rate is too high, you can consider refinancing to a cheaper home loan. This can take a little time and money, but will save you money in the long run.
Your lender may have another, similar loan product you could switch to instead of refinancing with a completely new lender.
The most attractive feature of a honeymoon loan is of course its low introductory rate, but before you choose your new home loan, consider the different ways you can save interest in the first years of your mortgage.
If you would like to see what effect additional repayments have on your mortgage, check our extra repayment calculator.
Make note of your home loan's honeymoon period. It's usually only for one or two years. Your lender may notify you when the period ends, but they might not. Either way, check your home loan statement or log onto your lender's website and check the new rate your loan is now on. It's likely higher than the honeymoon rate.
Then you should do the following:
Work out how much you need to earn to buy a house in any Australian suburb.
How to accurately estimate the cost of building your own house.
When fixed rates fall below variable rates, it could portend ominous economic outcomes. We explain how it all works.
Discharged bankrupts start off their financial state fresh, but some may still find it difficult to get a mortgage. Discharged bankrupts may still get a home loan, but with stricter conditions and higher loan rates.
No doc home loans are rare in Australia, but not impossible to find. Here's how to get a loan without providing evidence of income.
Find out how you can afford a property on a single income and learn how to compare different loans to get the best deal.
If you haven't sold your house yet, but want to buy your next one before the sale is completed a bridging loan may be able to help. Read on to discover how bridging finance can help.
Compare variable home loan rates (big 4 and smaller lenders) so you can get a home loan with a cheap interest rate and no expensive features you won't use.
You may be able to get a low deposit home loan with just a 5% cash deposit. Here are the lenders who are more likely to lend you a 95% loan.
Find out whether you can get a home loan application approved by a lender if you have bad credit.
