ANZ Home Loans & Rates Comparison

RATE OF THE DAY

Variable

6.14%

Comparison Rate*

6.14%

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ANZ’s best home loan rates

Compare some of ANZ's best variable and fixed home loan rates for owner occupiers and investors.

Lender

Variable

1-Year Fixed

2-Year Fixed

3-Year Fixed

4-Year Fixed

5-Year Fixed

6.14%

Interest Rate

6.14%

Comparison Rate

5.99%

Interest Rate

6.67%

Comparison Rate

6.04%

Interest Rate

6.60%

Comparison Rate

6.14%

Interest Rate

6.57%

Comparison Rate

6.19%

Interest Rate

6.54%

Comparison Rate

6.34%

Interest Rate

6.57%

Comparison Rate

Owner occupier loans with principal and interest repayments. Rates assume a 50% LVR.

Lender

Variable

1-Year Fixed

2-Year Fixed

3-Year Fixed

4-Year Fixed

5-Year Fixed

6.39%

Interest Rate

6.39%

Comparison Rate

6.14%

Interest Rate

7.22%

Comparison Rate

6.14%

Interest Rate

7.10%

Comparison Rate

6.19%

Interest Rate

7.01%

Comparison Rate

6.29%

Interest Rate

6.95%

Comparison Rate

6.44%

Interest Rate

6.94%

Comparison Rate

Investment loans with principal and interest repayments. Rates shown assume an LVR of 50%.

ANZ variable rate home loans

ANZ has two variable home loan options for owner-occupied properties, which are their Simplicity Plus plan and their Standard Variable Home Loan.

Simplicity Plus

The Simplicity Plus basic variable rate loan has low interest rates and less fees. There’s no offset account, but borrowers can make extra payments to redraw at no extra fee.

Product	Interest rate	Comparison rate	Max LVR
ANZ Simplicity PLUS home loan	6.14% p.a.	6.14% p.a.	up to 60%
ANZ Simplicity PLUS home loan	6.19% p.a.	6.19% p.a.	up to 70%
ANZ Simplicity PLUS home loan	6.29% p.a.	6.29% p.a.	up to 80%
ANZ Simplicity PLUS home loan	6.84% p.a.	6.84% p.a.	up to 90%
ANZ Simplicity PLUS home loan	7.39% p.a.	7.39% p.a.	above 90%

Some of the fees to consider, include:

$20 late payment fee
$160 settlement fee
$160 production fee
$160 lodgement fee
$50 search fee

Standard Variable Rate home loan

ANZ’s Standard Variable Rate loan allows borrowers to save on interest with an offset account where they only need to pay interest on the difference. The loan can also be paid off faster with additional repayments at no extra cost, that can be redrawn if needed.

Product	Interest rate	Comparison rate	Max LVR
Standard Variable Rate home loan	6.99% p.a.	6.99% p.a.	up to 80%
Standard Variable Rate home loan	7.19% p.a.	7.19% p.a.	more than 80%

The fees that apply for the Standard Variable Rate loan are:

$20 late payment fee
$160 settlement fee
$160 production fee
$160 lodgement fee
$50 search fee
$10 monthly fee for ANZ One offset account

ANZ fixed home loan rates

ANZ offers fixed home loan rates ranging from one year to a maximum of ten years under their fixed rate home loan.

Fixed Rate home loan

The Fixed Rate home loan at ANZ secures an interest rate for a period between one to five years, or seven and ten years. A discounted interest rate is available on eligible loans when borrowing 80% or less of the property value (LVR). Only a home loan with a one year fixed rate can access an offset account.

Duration	LVR band	Interest rate	Comparison rate
One Year	Up to 80%	5.99% p.a.	6.67% p.a.
One Year	More than 80%	6.44% p.a.	6.89% p.a.
Two Years	Up to 80%	6.04% p.a.	6.60% p.a.
Two Years	More than 80%	6.49% p.a.	6.85% p.a.
Three Years	Up to 80%	6.14% p.a.	6.57% p.a.
Three Years	More than 80%	6.59% p.a.	6.84% p.a.
Four Years	Up to 80%	6.19% p.a.	6.54% p.a.
Four Years	More than 80%	6.64% p.a.	6.83% p.a.
Five Years	Up to 80%	6.34% p.a.	6.57% p.a.
Five Years	More than 80%	6.79% p.a.	6.88% p.a.
Seven Years	Up to 80%	7.24% p.a.	7.03% p.a.
Seven Years	More than 80%	7.69% p.a.	7.38% p.a.
Ten Years	Up to 80%	7.24% p.a.	7.11% p.a.
Ten Years	More than 80%	7.69% p.a.	7.50% p.a.

The Fixed Rate Home Loan has these fees:

Optional $750 rate lock fee per $1 million in lending
$10 monthly ANZ One offset account fee (only eligible for one year fixed rate home loans)
Early repayment cost which is determined at the time of full repayment
$20 late repayment fee
$160 settlement fee
$160 production fee
$160 lodgement fee

ANZ variable investment home loan rates

ANZ offers two variable interest rate home loans specifically for investors, including their basic plan, the Simplicity Plus as well as their Standard Variable Rate loan.

Simplicity Plus Investment

The Simplicity Plus plan has less fees and lower interest rates. There’s no offset account but borrowers can redraw on their extra repayments, and even draw down the loan for construction purposes over a period up to 24 months.

Product	Interest rate	Comparison rate
ANZ Simplicity PLUS Residential Investment loan up to 60% LVR	6.39% p.a.	6.39% p.a.
ANZ Simplicity PLUS Residential Investment loan up to 70% LVR	6.44% p.a.	6.44% p.a.
ANZ Simplicity PLUS Residential Investment loan up to 80% LVR	6.54% p.a.	6.54% p.a.
ANZ Simplicity PLUS Residential Investment loan up to 90% LVR	7.24% p.a.	7.24% p.a.
ANZ Simplicity PLUS Residential Investment loan above 90% LVR	7.74% p.a.	7.74% p.a.

Standard Variable Rate home loan Investment

ANZ’s Standard Variable Rate loan also has low fees, and the capacity for discounted rates by choosing the LVR band of 80% or less. It allows borrowers to access an offset account that can help save on the amount of interest being paid, and make additional repayments with no extra fee.

LVR band	Interest rate	Comparison rate
Up to 80%	7.59% p.a.	7.59% p.a.
More than 80%	7.79% p.a.	7.79% p.a.

ANZ Fixed Rate investment home loan

ANZ’s Fixed Rate home loan has specific interest rates for investors with a duration up to ten years.

Investor Fixed Rate home loan

The Fixed Rate home loan allows borrowers to lock in a rate between either one to five years, or seven and ten years. There’s a discounted rate when borrowing an amount with a LVR band of 80% or less. An offset account is only available for a one year rate home loan.

Duration	LVR band	Interest rate	Comparison rate
One Year	80%	6.14% p.a.	7.22% p.a.
One Year	More than 80%	6.59% p.a.	7.44% p.a.
Two Years	80%	6.14% p.a.	7.10% p.a.
Two Years	More than 80%	6.59% p.a.	7.35% p.a.
Three Years	80%	6.19% p.a.	7.01% p.a.
Three Years	More than 80%	6.64% p.a.	7.28% p.a.
Four Years	80%	6.29% p.a.	6.95% p.a.
Four Years	More than 80%	6.74% p.a.	7.24% p.a.
Five Years	80%	6.44% p.a.	6.94% p.a.
Five Years	More than 80%	6.89% p.a.	7.25% p.a.
Seven Years	80%	7.24% p.a.	7.29% p.a.
Seven Years	More than 80%	7.69% p.a.	7.63% p.a.
Ten Years	80%	7.24% p.a.	7.27% p.a.
Ten Years	More than 80%	7.69% p.a.	7.65% p.a.

ANZ variable interest-only home loan rates for owner occupier

Both ANZ’s variable interest home loans, the Simplicity Plus and the Standard Variable, have an interest-only option for owner-occupiers with repayments up to five years.

Simplicity Plus Interest-Only

The Simplicity Plus has ANZ’s lowest interest rates across home loans, and is their most basic plan with no ongoing fees. An offset account can’t be attached, but the loan can be repaid sooner with additional repayments and funds can be redrawn.

LVR band	Interest rate	Comparison rate
Up to 60%	7.38% p.a.	6.68% p.a.
Up to 70%	7.38% p.a.	6.71% p.a.
Up to 80%	7.38% p.a.	6.77% p.a.
Up to 90%	7.38% p.a.	7.08% p.a.
More than 90%	7.38% p.a.	7.39% p.a.

Standard Variable Rate home loan Interest-Only

This loan has access to an offset account, additional repayments, and lets borrowers redraw funds. It has no ongoing fees and offers a lower interest rate for a LVR band of 80% or less.

LVR band	Interest rate	Comparison rate
80%	7.54% p.a.	7.24% p.a.
More than 80%	7.74% p.a.	7.44% p.a.

ANZ’s fixed interest only home loan rates for owner occupiers

The Fixed Rate home loan has an interest-only option with possible durations up to five years.

Fixed Rate home loan Interest-Only

ANZ’s Fixed Rate loan allows borrowers to secure an interest rate over a chosen duration up to five years. The interest-only option means that repayments will be just the interest until five years elapses, then payments will be both the principal loan amount and interest.

Duration	LVR band	Interest rate	Comparison rate
One Year	Up to 80%	6.49% p.a.	6.72% p.a.
One Year	More than 80%	6.94% p.a.	6.94% p.a.
Two Years	Up to 80%	6.49% p.a.	6.69% p.a.
Two Years	More than 80%	6.94% p.a.	6.94% p.a.
Three Years	Up to 80%	6.59% p.a.	6.70% p.a.
Three Years	More than 80%	7.04% p.a.	6.97% p.a.
Four Years	Up to 80%	6.64% p.a.	6.71% p.a.
Four Years	More than 80%	7.09% p.a.	7.00% p.a.
Five Years	Up to 80%	6.74% p.a.	6.74% p.a.
Five Years	More than 80%	7.19% p.a.	7.05% p.a.

ANZ’s variable interest-only home loan rates for investors

ANZ offers two interest-only options among their variable interest home loans for investment properties, these are the Simplicity Plus and the Standard Variable Rate plans. Investment borrowers can pay just the interest on these loans for up to ten years.

Simplicity Plus Investment Interest-Only

The Simplicity Plus has some of ANZ’s lowest interest rates and almost no fees. Borrowers can pay off their loan quicker by making additional repayments, which can be withdrawn if necessary. The maximum interest-only period for investors is longer than owner-occupied loans at ten years.

LVR band	Interest rate	Comparison rate
Up to 60%	6.79% p.a.	6.57% p.a.
Up to 70%	6.84% p.a.	6.62% p.a.
Up to 80%	6.94% p.a.	6.72% p.a.
Up to 90%	7.54% p.a.	7.38% p.a.
More than 90%	7.73% p.a.	7.74% p.a.

Standard Variable Rate home loan Investment Interest-Only

This loan offers an interest-only period of ten years for investors. It lets borrowers save on interest with access to an offset account and by making additional repayments.

LVR band	Interest rate	Comparison rate
Up to 80%	7.84% p.a.	7.71% p.a.
More than 80%	8.04% p.a.	7.91% p.a.

ANZ’s fixed interest-only home loan rates for investors

There’s two options at ANZ for investors after a fixed interest-only home loan rate. These are the standard interest-only plan as well as the interest in advance from their Fixed Rate home loan.

Investor Fixed Rate home loan Interest-Only

The interest-only period for investment properties is up to ten years, then the plan adjusts to a variable rate and incorporates the principal amount into repayments. This loan features no ongoing fees, rate lock, as well as an offset account for one year fixed rate loans.

Duration	LVR band	Interest rate	Comparison rate
One Year	Up to 80%	6.09% p.a.	7.21% p.a.
One Year	More than 80%	6.54% p.a.	7.44% p.a.
Two Years	Up to 80%	6.29% p.a.	7.13% p.a.
Two Years	More than 80%	6.74% p.a.	7.38% p.a.
Three Years	Up to 80%	6.34% p.a.	7.06% p.a.
Three Years	More than 80%	6.79% p.a.	7.33% p.a.
Four Years	Up to 80%	6.44% p.a.	7.02% p.a.
Four Years	More than 80%	6.89% p.a.	7.30% p.a.
Five Years	Up to 80%	6.49% p.a.	6.98% p.a.
Five Years	More than 80%	6.94% p.a.	7.28% p.a.
Seven Years	Up to 80%	7.24% p.a.	7.29% p.a.
Seven Years	More than 80%	7.69% p.a.	7.63% p.a.
Ten Years	Up to 80%	7.24% p.a.	7.27% p.a.
Ten Years	More than 80%	7.69% p.a.	7.65% p.a.

Investor Fixed Rate home loan Interest in Advance

The pay interest in advance option for this loan allows borrowers to structure their repayments for tax purposes by pre-paying the next year’s interest early. The interest rates on this plan tend to be lower, and it still offers the same benefits of rate lock, less fees, and offset accounts available on a one year fixed rate loan.

Duration	LVR band	Interest rate	Comparison rate
One Year	Up to 80%	5.89% p.a.	7.19% p.a.
One Year	More than 80%	6.34% p.a.	7.42% p.a.
Two Years	Up to 80%	6.09% p.a.	7.09% p.a.
Two Years	More than 80%	6.54% p.a.	7.34% p.a.
Three Years	Up to 80%	6.14% p.a.	7.00% p.a.
Three Years	More than 80%	6.59% p.a.	7.27% p.a.
Four Years	Up to 80%	6.24% p.a.	6.95% p.a.
Four Years	More than 80%	6.69% p.a.	7.23% p.a.
Five Years	Up to 80%	6.29% p.a.	6.89% p.a.
Five Years	More than 80%	6.74% p.a.	7.19% p.a.
Seven Years	Up to 80%	7.04% p.a.	7.18% p.a.
Seven Years	More than 80%	7.49% p.a.	7.52% p.a.
Ten Years	Up to 80%	7.04% p.a.	7.13% p.a.
Ten Years	More than 80%	7.49% p.a.	7.51% p.a.

How competitive are ANZ’s home loan rates?

Compared with other major Australian banks, ANZ’s home loan rates are fairly competitive. Specifically, their Simplicity Plus home loan has one of the lowest variable interest rates among the big four banks. Their fixed rates are also generally on par with the other major lenders.

Overall, their rates are competitive among the big four banks, but when compared with a wider set of lenders their rates aren’t as impressive. Typically borrowers can find the very best mortgage rates from smaller or online lenders who have sharper rates.

Compare ANZ's home loan rates to the other major lenders:

What are ANZ’s lowest home loan rates?

The lowest home loan rate that ANZ currently offers is from their Simplicity Plus plan. This is their most basic home loan for owner occupiers and has a variable interest and comparison rate as low 6.14% p.a. based on a max LVR band of 60%. Borrowers can pay off the loan quicker by making extra repayments, and they can redraw funds if necessary.

Shopping home loan rates beyond the big banks?

Non-major banks

Think ING, HSBC, Bendigo, Suncorp Bank etc. In terms of products and processes, these will be very similar to the big 4 banks who lead the trends in banking in Australia. But non-major banks often have lower rates and special offers (e.g. refinance cashback) in order to be competitive versus the bigger lenders. The non-major banks are still well-known brands with high-quality online tools systems.

Customer-owned

There are dozens of small member-owned banks and credit unions in Australia. Many are focussed on customers in a particular regional area, or even workers in a certain profession. These lenders often have the lowest rates in the market and personalised customer service, but the eligibility criteria may be more limited and the application process can be slow.

Non-bank lenders

Australian borrowers also have plenty of choice among non-bank home loan providers. Some are mainstream lenders (often online only) offering loans to your typical home loan borrowers. Others specialise in offering loans to cater for specific borrowers and scenarios, such as self-employed borrowers, bad credit borrowers or SMSF loans.

ANZ home loan FAQ

Should I get a home loan with ANZ?

ANZ is one of the most popular lenders in Australia, which means that it has the capacity for direct customer support and to offer a comprehensive range of loan options.

Being a part of the big four banks, ANZ offers name-brand familiarity for borrowers. There’s a sense of reliability and trustworthiness that large banking institutions have because of their reputation, even when they aren’t necessarily known for their stellar customer service. According to ProductReview, ANZ has an average customer satisfaction rating of 1.3 out of 5 with almost 3,000 reviews.

As a major lender, ANZ is able to offer a wide selection of home loans as well as some useful features, like offset, redraw and less ongoing fees.

If you're submitting a pretty standard application and are after a well-known brand with branch access, ANZ isn’t a bad choice. It has decent rates and offers a wide variety of options for home loans with good features.

Is ANZ increasing its home loan rates in 2026?

Yes, ANZ are increasing their home loan rates alongside most banks in Australia to align with the rise in the RBA’s cash rate. It’s been reported that ANZ are expecting more increases during 2026.

What’s the best ANZ home loan?

We believe that out of all of ANZ’s home loans, the Simplicity Plus currently offers the best value for borrowers. It has the lowest interest rate on offer at a 60% or less LVR band for owner occupiers. Plus, it lets borrowers make additional payments at no extra cost and redraw if necessary.

However, it’s important to prioritise your own needs and wants when deciding on a home loan. It’s also worth comparing home loans across providers, and even outside of the big four banks, to ensure that you get the best deal out there.

How do I apply for a ANZ home loan?

ANZ can take applications for a new home loan in person at a branch, online or over the phone.

Be prepared before applying by having evidence of income expenses, assets and other debts ready for the application. They will also need information about the property.

What are ANZ’s home loan eligibility criteria?

The basic criteria to be eligible for an ANZ home loan include being over the age of 18 years old, and either an Australian or New Zealand citizen or permanent resident, with a primary income in Australian currency, and a deposit or equity of at least 5%.

ANZ will also likely ask for a breakdown of living expenses and a detailed credit history so they can determine if the borrower is capable of servicing the loan.

Does ANZ offer home loans as part of the Home Guarantee Scheme?

Yes, ANZ is one of the lenders participating in the Australian Government’s 5% Deposit Scheme. This initiative helps first home buyers purchase sooner by having a smaller deposit amount, at a minimum of 5%. Just ask the lender for the application when applying for a home loan.

Can I get an offset account on an ANZ home loan?

Yes, offset accounts are available on certain ANZ home loan products. Specifically, the Fixed Variable Rate home loan for one year and the Standard Variable Rate home loan. However, a fee of $10 per month is required in order to access the ANZ One offset account.