Some of the best home loans in June 2022

With interest rates having increased following the May 2022 cash rate hike, and the Reserve Bank of Australia (RBA) potentially looking to raise rates further in the future, it’s important to compare and carefully consider your options before applying for a new home loan or refinancing an existing mortgage.

How do construction home loans work?

If you’ve found the perfect location, but not the perfect property, building your own dream house could be an option to consider. Financing your build may require a construction loan, which isn’t the same as a typical home loan.

What home loan calculators exist to make life easier?

A home loan calculator can help you quickly estimate mortgage repayments, so you can work out if you can afford the loan on your household budget. But there are other online calculators available that could help you plan your household budget before applying for a mortgage.

Are there fees for switching home loans?

Australian borrowers wanting a better home loan rate may be tempted to refinance their mortgage and switch to an offer from a competitor lender. But before you jump ship, make sure you check the fees, charges, and other costs that may be involved.

How to compare Australia's top home loan rates

It’s important to compare Australia’s top home loan rates before selecting a mortgage offer, and understanding how different rates, fees, features and other benefits could help you.

How does NAB Now Pay Later compare to the competition?

Big bank NAB is joining the Buy Now Pay Later (BNPL) pack with its new offer, NAB Now Pay Later. But how does this service rate alongside the established BNPL players?

How do variable rate mortgages work?

Many Australian home loan deals offer variable interest rates. But how exactly do these variable rate home loans work, and what are the benefits and drawbacks compared to other mortgage options?

How much interest will you pay over the life of a home loan?

Interest charges are one of the most significant costs to consider when applying for a home loan. But how much could a home loan ultimately cost, and are there any ways to lower the total interest you’ll pay?

What's the difference between variable and fixed rate home loans?

Borrowers taking out home loans have a choice to make when it comes to their interest rates – variable or fixed? There are advantages and disadvantages to both of these options, as well as to choosing a split rate mortgage.

Where to get help choosing your home loan

It turns out there are a lot more mortgage choices available than just the home loan offered at your local bank branch. Working out the best mortgage option to suit your needs can be a challenge, so you may need a little help along the way.