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loans.com.au Variable Home Loan 90

Advertiser disclosure
The details shown below are for an owner occupier taking out a principal & interest loan between $50,000 and $2,000,000 with an LVR below 90%
The details shown below are for an owner occupier taking out a interest only loan between $50,000 and $2,000,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan between $50,000 and $2,000,000 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan between $50,000 and $2,000,000 with an LVR below 80%

Choose the version of this loan that suits you best

Availability Loan type LVR Min loan amount Max loan amount
Owner Occupier Principal & Interest < 90% $50,000 $2,000,000
Owner Occupier Interest Only < 80% $50,000 $2,000,000
Investor Principal & Interest < 80% $50,000 $2,000,000
Investor Interest Only < 80% $50,000 $2,000,000
  • Owner Occupier (Principal & Interest)
    LVR < 90%
    Loan: $50,000 $2,000,000
  • Owner Occupier (Interest Only)
    LVR < 80%
    Loan: $50,000 $2,000,000
  • Investor (Principal & Interest)
    LVR < 80%
    Loan: $50,000 $2,000,000
  • Investor (Interest Only)
    LVR < 80%
    Loan: $50,000 $2,000,000
Rate
6.04% p.a.
Comparison Rate
6.06% p.a.
Service fee
$0.00
Upfront fee
$530
Rate
6.54% p.a.
Comparison Rate
6.56% p.a.
Service fee
$0.00
Upfront fee
$530
Rate
6.34% p.a.
Comparison Rate
6.36% p.a.
Service fee
$0.00
Upfront fee
$530
Rate
6.74% p.a.
Comparison Rate
6.76% p.a.
Service fee
$0.00
Upfront fee
$530

Mozo editorial review loans.com.au Variable Home Loan 90 - last updated: 19 March 2024

binocular icon
What's hot
  • 6.04% p.a. (6.06% p.a. comparison rate*)
  • You can make extra payments
What's not
  • $530 upfront fee, $230 valuation fee & $300 settlement fee
Mozo snapshot

If you're looking for a competitive rate on a variable home loan, online lender loans.com.au comes through with this offer available to for owner-occupiers (P& I) with a loan-to-value ratio of 90%. You can access a 6.04% p.a. variable rate (6.06%% p.a. comparison rate*) to borrow between $50,000 to $2,000,000, make free extra repayments, and redraw them without penalty.

key icon
Key features

The Variable Home Loan 90 from loans.com.au comes with a 6.04% p.a. variable rate (6.06% p.a. comparison rate) and is available for loans between $50,000 and $2,000,000. While there are no application or upfront fees on the loan, you will have to budget for a $230 valuation and $300 settlement fee. 

You can choose to make your repayments weekly, fortnightly or monthly, but be sure to pay on time because a $150 late payment fee will apply. Extra repayments are allowed and you'll be able to retrieve those extra funds at any time at no cost.

The minimum loan term is 15 years and the maximum is 30 years. To qualify for the loan, you'll need a deposit of at least 10% of the property's value. However, if you go for the interest-only options or the investor (P&I) option you'll need a 20% deposit.

snapshot
Who is it good for

People who want a lower rate on their home loan in the current market and can afford a slightly larger deposit of 10% may appreciate this offer. With the interest-only options or the investor (P&I) option for this loan, you'll need a 20% deposit.


question icon
Any catches

There’s a $150 late payment fee if you fail to make a repayment on time so be sure to set up automatic repayments from your bank account to avoid this. 

Details

Rates and fees information correct as at 18 April 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

6.04% p.a.

n/a

n/a

n/a

6.06% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$230.00

$300.00

n/a

$0.00

$0.00

Other financial bits

$50,000

$2,000,000

none

90.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

Offset sub-account available for additional +0.10%. $300 discharge fee and $250 discharge documentation fee applicable if loan doesnt go to full term.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 18 April 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

6.54% p.a.

n/a

n/a

n/a

6.56% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$230.00

$300.00

n/a

$0.00

$0.00

Other financial bits

$50,000

$2,000,000

none

80.00%

Features

Owner Occupier

Interest Only

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

Offset sub-account available for additional +0.10%. $300 discharge fee and $250 discharge documentation fee applicable if loan doesnt go to full term.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 18 April 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

6.34% p.a.

n/a

n/a

n/a

6.36% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$230.00

$300.00

n/a

$0.00

$0.00

Other financial bits

$50,000

$2,000,000

none

80.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

Offset sub-account available for additional +0.10%. $300 discharge fee and $250 discharge documentation fee applicable if loan doesnt go to full term.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 18 April 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

6.74% p.a.

n/a

n/a

n/a

6.76% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$0.00

$230.00

$300.00

n/a

$0.00

$0.00

Other financial bits

$50,000

$2,000,000

none

80.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

Offset sub-account available for additional +0.10%. $300 discharge fee and $250 discharge documentation fee applicable if loan doesnt go to full term.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Customer Reviews

How are loans.com.au home loans rated by the Mozo community?

Overall
Price
Features
Customer service
Convenience
Trust

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WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

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