ANZ home loan repayment calculator

Thinking about taking out a home loan with ANZ? Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how ANZ home loans compare with other options.

I am an

With a repayment type

Borrow amount

$

Deposit amount %

Loan term

Your estimated repayments

at interest rate 3.38 %

Total interest payable

$0

Total amount payable

$0

Pros and cons

  • Variety of home loan products to choose from.
  • Package deals available to bundle other financial products.
  • Comprehensive customer service offering.
  • Moderate to high interest rates.
  • Some products have moderate to high fees.
  • Higher rates for some types of customers.

ANZ home loans rates

Product
Advertised Rate
Total estimated upfront fees
Comparison Rate*
Ongoing fee
Go to site
Company

3.38%

Variable

$310

3.42%

$0
ANZ
More details

3.66%

Variable

$310

3.70%

$0
ANZ
More details

3.72%

Variable

$310

3.76%

$0
ANZ
More details

3.76%

Variable

$310

3.80%

$0
ANZ
More details

3.92%

Variable

$310

3.83%

$0
ANZ
More details

4.07%

Variable

$310

3.92%

$0
ANZ
More details

4.28%

Variable

$310

4.32%

$0
ANZ
More details

4.28%

Variable

$910

4.32%

$0
ANZ
More details

4.28%

Variable

$910

4.32%

$0
ANZ
More details

4.48%

Variable

$910

4.40%

$0
ANZ
More details

4.48%

Variable

$310

4.40%

$0
ANZ
More details

3.53%

Fixed - 5 years

$0

4.46%

$395 annually
ANZ
More details

3.53%

Fixed - 5 years

$0

4.46%

$395 annually
ANZ
More details

3.68%

Fixed - 5 years

$910

4.49%

$10 monthly
ANZ
More details

3.68%

Fixed - 5 years

$910

4.49%

$10 monthly
ANZ
More details

3.53%

Fixed - 4 years

$0

4.52%

$395 annually
ANZ
More details

3.53%

Fixed - 4 years

$0

4.52%

$395 annually
ANZ
More details

3.28%

Fixed - 3 years

$0

4.53%

$395 annually
ANZ
More details

3.28%

Fixed - 3 years

$0

4.53%

$395 annually
ANZ
More details

4.13%

Variable

$0

4.53%

$395 annually
ANZ
More details

3.68%

Fixed - 4 years

$910

4.57%

$10 monthly
ANZ
More details

3.68%

Fixed - 4 years

$910

4.57%

$10 monthly
ANZ
More details

4.18%

Variable

$0

4.58%

$395 annually
ANZ
More details

3.18%

Fixed - 2 years

$0

4.60%

$395 annually
ANZ
More details

3.18%

Fixed - 2 years

$0

4.60%

$395 annually
ANZ
More details

3.43%

Fixed - 3 years

$910

4.60%

$10 monthly
ANZ
More details

3.43%

Fixed - 3 years

$910

4.60%

$10 monthly
ANZ
More details

3.89%

Fixed - 3 years

$0

4.66%

$395 annually
ANZ
More details

4.14%

Fixed - 5 years

$0

4.67%

$395 annually
ANZ
More details

3.33%

Fixed - 2 years

$910

4.69%

$10 monthly
ANZ
More details

3.33%

Fixed - 2 years

$910

4.69%

$10 monthly
ANZ
More details

3.79%

Fixed - 2 years

$0

4.70%

$395 annually
ANZ
More details

4.14%

Fixed - 4 years

$0

4.70%

$395 annually
ANZ
More details

4.68%

Variable

$0

4.71%

$395 annually
ANZ
More details

3.28%

Fixed - 1 year

$0

4.72%

$395 annually
ANZ
More details

3.28%

Fixed - 1 year

$0

4.72%

$395 annually
ANZ
More details

4.33%

Variable

$0

4.73%

$395 annually
ANZ
More details

4.33%

Variable

$0

4.73%

$395 annually
ANZ
More details

4.29%

Fixed - 5 years

$910

4.75%

$10 monthly
ANZ
More details

4.04%

Fixed - 3 years

$910

4.76%

$10 monthly
ANZ
More details

3.89%

Fixed - 1 year

$0

4.77%

$395 annually
ANZ
More details

4.29%

Fixed - 4 years

$910

4.78%

$10 monthly
ANZ
More details

3.94%

Fixed - 2 years

$910

4.81%

$10 monthly
ANZ
More details

3.43%

Fixed - 1 year

$910

4.84%

$10 monthly
ANZ
More details

3.43%

Fixed - 1 year

$910

4.84%

$10 monthly
ANZ
More details

4.04%

Fixed - 1 year

$910

4.90%

$10 monthly
ANZ
More details

4.88%

Variable

$0

4.91%

$395 annually
ANZ
More details

3.94%

Fixed - 5 years

$0

4.97%

$395 annually
ANZ
More details

3.94%

Fixed - 5 years

$0

4.97%

$395 annually
ANZ
More details

4.09%

Fixed - 5 years

$910

5.01%

$10 monthly
ANZ
More details

4.09%

Fixed - 5 years

$910

5.01%

$10 monthly
ANZ
More details

4.93%

Variable

$910

5.03%

$5 monthly
ANZ
More details

4.93%

Variable

$910

5.03%

$5 monthly
ANZ
More details

3.94%

Fixed - 4 years

$0

5.04%

$395 annually
ANZ
More details

3.94%

Fixed - 4 years

$0

5.04%

$395 annually
ANZ
More details

3.69%

Fixed - 3 years

$0

5.06%

$395 annually
ANZ
More details

3.69%

Fixed - 3 years

$0

5.06%

$395 annually
ANZ
More details

4.24%

Fixed - 5 years

$0

5.06%

$395 annually
ANZ
More details

4.09%

Fixed - 4 years

$910

5.10%

$10 monthly
ANZ
More details

4.09%

Fixed - 4 years

$910

5.10%

$10 monthly
ANZ
More details

3.99%

Fixed - 3 years

$0

5.12%

$395 annually
ANZ
More details

3.99%

Fixed - 3 years

$0

5.12%

$395 annually
ANZ
More details

4.24%

Fixed - 4 years

$0

5.12%

$395 annually
ANZ
More details

4.73%

Variable

$0

5.12%

$395 annually
ANZ
More details

3.84%

Fixed - 3 years

$910

5.14%

$10 monthly
ANZ
More details

3.84%

Fixed - 3 years

$910

5.14%

$10 monthly
ANZ
More details

4.39%

Fixed - 5 years

$910

5.14%

$10 monthly
ANZ
More details

3.59%

Fixed - 2 years

$0

5.15%

$395 annually
ANZ
More details

3.59%

Fixed - 2 years

$0

5.15%

$395 annually
ANZ
More details

4.78%

Variable

$0

5.17%

$395 annually
ANZ
More details

3.89%

Fixed - 2 years

$0

5.19%

$395 annually
ANZ
More details

3.98%

Fixed - 2 years

$0

5.21%

$395 annually
ANZ
More details

4.39%

Fixed - 4 years

$910

5.21%

$10 monthly
ANZ
More details

4.14%

Fixed - 3 years

$910

5.22%

$10 monthly
ANZ
More details

4.14%

Fixed - 3 years

$910

5.22%

$10 monthly
ANZ
More details

3.74%

Fixed - 2 years

$910

5.25%

$10 monthly
ANZ
More details

3.74%

Fixed - 2 years

$910

5.25%

$10 monthly
ANZ
More details

5.48%

Variable

$910

5.25%

$5 monthly
ANZ
More details

4.75%

Fixed - 5 years

$0

5.27%

$395 annually
ANZ
More details

5.19%

Variable

$0

5.27%

$395 annually
ANZ
More details

3.69%

Fixed - 1 year

$0

5.29%

$395 annually
ANZ
More details

3.69%

Fixed - 1 year

$0

5.29%

$395 annually
ANZ
More details

3.99%

Fixed - 1 year

$0

5.31%

$395 annually
ANZ
More details

4.04%

Fixed - 2 years

$910

5.31%

$10 monthly
ANZ
More details

4.79%

Fixed - 4 years

$0

5.31%

$395 annually
ANZ
More details

4.93%

Variable

$0

5.32%

$395 annually
ANZ
More details

4.93%

Variable

$0

5.32%

$395 annually
ANZ
More details

5.24%

Variable

$0

5.32%

$395 annually
ANZ
More details

4.13%

Fixed - 2 years

$910

5.33%

$10 monthly
ANZ
More details

4.19%

Fixed - 1 year

$0

5.33%

$395 annually
ANZ
More details

4.90%

Fixed - 5 years

$910

5.35%

$10 monthly
ANZ
More details

4.94%

Fixed - 4 years

$910

5.40%

$10 monthly
ANZ
More details

3.84%

Fixed - 1 year

$910

5.42%

$10 monthly
ANZ
More details

3.84%

Fixed - 1 year

$910

5.42%

$10 monthly
ANZ
More details

4.14%

Fixed - 1 year

$910

5.45%

$10 monthly
ANZ
More details

4.34%

Fixed - 1 year

$910

5.46%

$10 monthly
ANZ
More details

5.39%

Variable

$0

5.47%

$395 annually
ANZ
More details

5.35%

Variable

$910

5.63%

$5 monthly
ANZ
More details

5.35%

Variable

$910

5.63%

$5 monthly
ANZ
More details

5.99%

Variable

$910

5.81%

$5 monthly
ANZ
More details

ANZ customer service

Home loan customers at ANZ are able to contact that bank on a range of specialised hotlines depending on their needs. This includes a direct line to the home loans department, a customer service line specifically for home loan customers and a financial hardship hotline that can assist you to restructure repayments should you find yourself in financial difficulties. Customers are also able to live chat with ANZ staff online to answer pressing queries or, if they prefer, talk to a staff member face to face at a branch.

  • Customer service (phone, email, branch)
  • Mobile app
  • Online banking
  • Live Chat
  • Mobile banking staff

How to Apply

ANZ provides potential customers with multiple ways of applying for a home loan. This includes calling the bank, applying online, visiting a branch or organising for an ANZ representative to come to you. Before applying for a home loan it is advisable to think about how much money you could conceivably borrow given your financial situation and income. You will also need to provide documentation when applying for a home loan. This will include:

  • Personal identification material.
  • Proof of income – whether you are self-employed or work for an employer.
  • Proof of other income, including rental.
  • Information regarding your current debts, liabilities and assets.
  • Personal insurance documents.

For refinancers you will also have to provide you home loan statements for the past three months and a current payout quote for the loan you wish to refinance. 

About ANZ home loans

ANZ home loans cater to a wide range of mortgage customers. Types of home loans offered by ANZ include:

  • Owner-occupier home loans
  • Investor home loans
  • Low-doc home loans
  • Bridging loans
  • Reverse mortgages

ANZ home loan borrowers can also choose from a range of interest rate options:

  • Principal and interest
  • Interest-only
  • Fixed interest rate
  • Variable interest rate
  • Split loans (fixed and variable rates)

Borrowers who bundle their home loan with an ANZ transaction account and credit card can take advantage of interest rate discounts, waived fees and a range of other features.

Some ANZ home loans also come with introductory interest rate offers and interest rate discounts.

ANZ home loans have a maximum loan term of 30 years. Some loans allow unlimited extra repayments, while others allow extra repayments with restrictions.

ANZ home loan rates

ANZ home loan rates vary depending on the product but tend to range between moderately low and moderately high. As an established brand and one of Australia’s biggest banks, ANZ doesn’t have to undercut competitors with low rates, so interest rates tend to sit in the mid-range.

As is the case for many home loan lenders, lower interest rates are afforded to owner-occupiers than to investors, while borrowers paying back principal and interest get lower interest rates than those paying back interest only. Likewise, borrowers with lower LVRs (loan-to-value ratios) typically get lower interest rates than borrowers with higher LVRs.

ANZ also offers different interest rates depending on whether the borrower applies for a variable mortgage, a one-year fixed-rate mortgage, two-year fixed-rate mortgage, three-year fixed rate-mortgage or five-year fixed rate mortgage.

ANZ home loans review

In a varied and ever-changing mortgage market, ANZ has the advantage of being established and well-known – so customers tend to see the bank as being a reliable option for home loans.

As you might expect from one of the big four banks, ANZ offers home loan products to suit a wide range of borrowers, ranging from basic owner-occupier home loans to more specialist loans including reverse mortgages, bridging loans and others. It is worth noting that ANZ does not offer SMSF loans unlike some other major lenders.

While ANZ offers convenience through its extensive network of branches and customer service options, it isn’t the cheapest option on the market for home loans. Interest rates tend to range from moderately low to moderately high, while its fees typically range from very low to high.

What happens to my home loan when interest rates rise?

If you are on a variable rate home loan, every so often your rate will be subject to increases and decreases. Rate changes are determined by your lender, not the Reserve Bank of Australia, however often when the RBA changes the cash rate, a number of banks will follow suit, at least to some extent. You can use RateCity cash rate to check how the latest interest rate change affected your mortgage interest rate.

When your rate rises, you will be required to pay your bank more each month in mortgage repayments. Similarly, if your interest rate is cut, then your monthly repayments will decrease. Your lender will notify you of what your new repayments will be, although you can do the calculations yourself, and compare other home loan rates using our mortgage calculator.

There is no way of conclusively predicting when interest rates will go up or down on home loans so if you prefer a more stable approach consider opting for a fixed rate loan.

How do you determine which home loan rates/products I’m shown?

When you check your home loan rate, you’ll supply some basic information about your current loan, including:

  • the amount owing on your mortgage
  • the value of your property
  • your current interest rate
  • name of existing lender
  • property address

We’ll compare this information to the home loan options in the RateCity database, and show you which home loan products you may be eligible to apply for.

Does the Rate Guarantee apply to discounted interest rate offers, such as honeymoon rates?

No. Temporary discounts to home loan interest rates will expire after a limited time, so they aren’t valid for comparing home loans as part of the Rate Guarantee.

However, if your home loan has been discounted from the lender’s standard rate on a permanent basis, you can check if we can find an even lower rate that could apply to you.

How can I calculate interest on my home loan?

You can calculate the total interest you will pay over the life of your loan by using a mortgage calculator. The calculator will estimate your repayments based on the amount you want to borrow, the interest rate, the length of your loan, whether you are an owner-occupier or an investor and whether you plan to pay ‘principal and interest’ or ‘interest-only’.

If you are buying a new home, the calculator will also help you work out how much you’ll need to pay in stamp duty and other related costs.

What is a variable home loan?

A variable rate home loan is one where the interest rate can and will change over the course of your loan. The rate is determined by your lender, not the Reserve Bank of Australia, so while the cash rate might go down, your bank may decide not to follow suit, although they do broadly follow market conditions. One of the upsides of variable rates is that they are typically more flexible than their fixed rate counterparts which means that a lot of these products will let you make extra repayments and offer features such as offset accounts.

Home Loans Frequently Asked Questions

What is a bad credit home loan?

A bad credit home loan is a mortgage for people with a low credit score. Lenders regard bad credit borrowers as riskier than ‘vanilla’ borrowers, so they tend to charge higher interest rates for bad credit home loans.

If you want a bad credit home loan, you’re more likely to get approved by a small non-bank lender than by a big four bank or another mainstream lender.

The fine print – what are the eligibility criteria?

This competition is only available to Australian residents who are over 18 and check their home loan interest rate at RateCity. However, you are not required to refinance your home loan or apply for any financial products.

You can still enter if you don’t have a home loan yet – enter how much you plan to borrow and the details of the property you’re considering, and we’ll compare mortgage offers that may suit your needs and estimate how much you could save compared to a loan with an average interest rate. 

Is the competition just for home loans? What about personal/car loans and credit cards?

This competition is currently for home loans only.

You may still be able to save money by checking the interest rates, fees, and charges on your personal loan, car loan or credit card – compare your options at RateCity.

But keep your eyes open – we may add options for car loans, personal loans, credit cards and more in the future.

What are extra repayments?

Additional payments to your home loan above the minimum monthly instalments, which can help to reduce the loan’s term and remaining payable interest.

Who chooses the winner?

The winner will be chosen randomly from our entries on 21 May 2020 by Loyalty.com.au, in the presence of an independent scrutineer.

What is a valuation and valuation fee?

A valuation is an assessment of what your home is worth, calculated by a professional valuer. A valuation report is typically required whenever a property is bought, sold or refinanced. The valuation fee is paid to cover the cost of preparing a valuation report.

What does pre-approval' mean?

Pre-approval for a home loan is an agreement between you and your lender that, subject to certain conditions, you will be able to borrow a set amount when you find the property you want to buy. This approach is useful if you are in the early stages of surveying the property market and need to know how much money you can spend to help guide your search.

It is also useful when you are heading into an auction and want to be able to bid with confidence. Once you have found the property you want to buy you will need to receive formal approval from your bank.

What is Real Time Ratings?

Real Time RatingsTM ranks home loans according to cost and flexibility. This allows you to compare products using a simple score out of five.

Our world-first system analyses almost 4,000 mortgages based on your individual requirements. Best of all, the results are generated in real time, so if a lender has just hiked its interest rates or introduced extra fees, our system has factored this in.

Does Australia have no-deposit home loans?

Australia no longer has no-deposit home loans – or 100 per cent home loans as they’re also known – because they’re regarded as too risky.

However, some lenders allow some borrowers to take out mortgages with a 5 per cent deposit.

Another option is to source a deposit from elsewhere – either by using a parental guarantee or by drawing out equity from another property.