Low Deposit Home Loans
Comparing 20 owner-occupied home loans
Borrowing $500,000 over 30 years at the lowest advertised shown:
- Monthly repayment from
- $2,962/mo
- Total repaid
- $1,066,494
- Total interest
- $566,494
Estimate only, based on the lowest advertised interest rate shown and assuming equal monthly repayments. Actual repayments depend on your rate, fees and loan terms.
| Product | Actions | ||||||
|---|---|---|---|---|---|---|---|
 | Advertised rate5.89% | Comparison rate5.92% | Monthly repayment$2,962/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | Reduce interest charges on your variable rate home loan by having a redraw facility. | ||
 | Advertised rate5.93% | Comparison rate6.28% | Monthly repayment$2,975/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | Suitable for Investment and Owner Occupied residential borrowing with LVR up to 95%. Fixed and Variable rates available including for construction purpose (variable only) | ||
| Advertised rate5.93% | Comparison rate6.28% | Monthly repayment$2,975/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | Suitable for Investment and Owner Occupied residential borrowing, LVR up to 95%. Fixed and Variable rates available including for construction purpose (variable only) | ||
| Advertised rate5.93% | Comparison rate6.28% | Monthly repayment$2,975/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | Suitable for Investment and Owner Occupied residential borrowing. LVR up to 95%. Fixed and Variable rates available including for construction purpose (variable only) | ||
 | Advertised rate6.04% | Comparison rate6.07% | Monthly repayment$3,011/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | Get a loan that's simple to use and easy to understand. Just a great low rate that helps you pay your home off faster. Available on new loans $100,000+, borrowing less than 90% of the property value… | ||
| Advertised rate6.04% | Comparison rate6.09% | Monthly repayment$3,011/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | MyState offers a premium variable rate product for customers seeking a home loan in excess of $100,000. If you're buying or building your own home, a residential investment property, a block of land… | ||
 | Advertised rate6.09% | Comparison rate6.25% | Monthly repayment$3,027/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | Standard Variable Plus Home Loan | ||
 | Advertised rate6.09% | Comparison rate6.11% | Monthly repayment$3,027/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | |||
| Advertised rate6.10% | Comparison rate6.13% | Monthly repayment$3,030/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | Reduce interest charges on your variable rate home loan and pay your mortgage off sooner. | ||
 | Advertised rate6.15% | Comparison rate6.18% | Monthly repayment$3,046/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | The Better Choice Gold Special Home Loan offers a standard variable loan. This loan suits borrowers that are looking for flexibility with their home loan and investment properties with a fully… | ||
 | Advertised rate6.19% | Comparison rate6.39% | Monthly repayment$3,059/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | For customers who want flexibility to pay down their loan sooner and access additional features such as offset accounts. | ||
 | Advertised rate6.20% | Comparison rate6.37% | Monthly repayment$3,062/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | For customers who want flexibility to pay down their loan sooner and access additional features such as offset accounts. | ||
| Advertised rate6.23% | Comparison rate6.23% | Monthly repayment$3,072/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | ||||
 | Advertised rate6.24% | Comparison rate6.27% | Monthly repayment$3,075/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | A variable home loan with no offset facility and no package fees. | ||
 | Advertised rate6.24% | Comparison rate6.28% | Monthly repayment$3,075/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | Looking to buy a new home and want to keep things simple? Our BOS Basic Home Loan, with no fees and a competitive interest rate, is the one for you. | ||
 | Advertised rate6.24% | Comparison rate6.27% | Monthly repayment$3,075/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | A low cost home loan option, the Budget Home Loan has a discount off IMB’s standard variable rate for the life of the loan, so you’ll always pay less. No monthly fees, unrestricted additional… | ||
 | Advertised rate6.24% | Comparison rate6.26% | Monthly repayment$3,075/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | |||
 | Advertised rate6.24% | Comparison rate6.25% | Monthly repayment$3,075/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | Enjoy a low rate home loan with no monthly administration fee, the ability to make additional repayments and free online redraw. | ||
 | Advertised rate6.24% | Comparison rate6.26% | Monthly repayment$3,075/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | |||
 | Advertised rate6.24% | Comparison rate6.25% | Monthly repayment$3,075/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | Your double you gives you a discounted basic variable home loan rate. | ||
Comparison rate warning and base criteria
Base criteria: repayment figures shown in this table are calculated on a loan of $500,000 over 30 years. Repayment estimates use each loan’s advertised interest rate, with the comparison rate shown beside it as a guide to total cost. These figures are examples only. They are not a quote, and they may not include all fees and charges.
*Warning: the comparison rate shown is calculated by the lender on its own standard example, usually a $150,000 loan over 25 years. This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
About this table: we publish this table so you can research credit products, by bringing together in one place the banking data lenders publish under the Consumer Data Right. Using that data, we have tried to show products that match this table’s title. This table does not compare all products, and there may be products with a lower rate in the market that are not shown here. Do your own research to find a product that suits your needs and financial goals. See how we choose products for tables like this.
Products are selected for relevance to the table and to the filters applied. They are not suggestions or recommendations, and the order they appear in is not a ranking of suitability.
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Rates, fees and charges are subject to change without notice. Before acting on any information shown here, you should confirm the rates, fees, charges and product information with the provider. For clarity, where we have used the terms “lowest” or “best”, these relate solely to the rates of interest offered by the provider and not to any other factor. The application of these terms to a particular product is subject to change without notice if the provider changes their rates.
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This information is general in nature. It does not take into account your objectives, financial situation or needs, and it is not a recommendation to apply for or hold any particular product. You should read the provider’s Key Facts Sheet, Target Market Determination and credit contract terms before deciding. CompareThat compares products. We do not arrange, approve or process applications.