ANZ home loans

ANZ was founded in Melbourne in the 1830s, and today makes up one of Australia’s big four banks, alongside Commonwealth Bank, NAB and Westpac.

ANZ offers an extensive range of home loan options, including first home buyer loans, investment mortgages, reverse mortgages and low-doc home loans.

ANZ employs approximately 46,000 staff who provide consumer and corporate banking services to customers throughout Australia and worldwide. The bank has over 550,000 shareholders with the majority being domestic shareholders.

Mark Bristow

Personal Finance Editor

Content updated

13 Apr, 2023

Product data updated

29 Jan, 2025

Why choose ANZ

Benefits

Variety of home loan products to choose from
Package deals available to bundle other financial products
Comprehensive customer service offering

Drawbacks

Moderate to high interest rates
Higher rates for some types of customers
Some home loans have moderate to high fees

Home Loans calculator

Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios.

Your estimated mortgage repayments

Total interest

Total repayments

How much can I borrow?

Compare home loans

All calculations are estimates only; they are not guarantees, pre-qualifications or pre-approvals for borrowing. All results are based solely upon the data entered into the calculator.
It is assumed that data entered into the calculator, including interest rates, do not change for the lifetime of the loan - unless specified.
The Present Value provided by this calculator is displayed as the amount labelled 'Loan amount'.
At the end of the interest-only period, the rate may change. For this calculation, rate switches to the current rate.
The current rate is today’s average big 4 owner occupier advertised discounted variable rate (LVR 80%), unless you have inserted your own rate.
Interest is calculated by compounding on the same frequency as the repayment selected, i.e. weekly, fortnightly or monthly.

Months are assumed to be of equal length. However, given some months are longer than others, interest charged may vary depending upon the month.
One year is assumed to contain exactly 52 weeks or 26 fortnights. Thus each year has 364 days.
The calculator uses the unrounded repayment to derive the home loan summary line graph and repayment schedule. However, institutions may round repayments to the nearest cent.
Your final mortgage repayments or borrowing amount will depend on your lender’s eligibility criteria among other factors.
Calculator does not include the cost of fees or other extra charges.
Calculator does not account for changes to interest rates over time.
This calculator is for information purposes only. Any advice is general and has not taken into account your personal circumstances. Consider whether you need financial advice from a qualified adviser.
After the interest only term ends, your repayments will change based on the current* interest rate. This rate is subject to change. Read our full disclaimer.

Contact a mortgage broker

ANZ home loans are available through brokers who can help find the right loan and manage your application at no charge.

Tony Hoang

NSW2000

Customer Representative Number: 392035

5.0

136 Google reviews

Get expert advice from a home loans specialist.

Tony Hoang stands as a seasoned finance professional, boasting a robust decade-plus-long career that includes pivotal ro...

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Aileen Ho

NSW2000

Customer Representative Number: 392035

5.0

136 Google reviews

Get expert advice from a home loans specialist.

Aileen has over 10 years of banking experience across the two major banks, Westpac and ANZ and as a Mortgage Broker sinc...

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John Fulford

NSW2292

Customer Representative Number: 515694

5.0

6 Google reviews

Get expert advice from a home loans specialist.

John enjoy’s helping people achieve their goals and has a passion for property. For 6 years now at Newcastle Finance Br...

View Profile

ANZ customer service

Home loan customers at ANZ can contact the bank by phone, live chat with ANZ staff online to answer pressing queries or 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 for an ANZ home loan

Potential ANZ customers can apply for a home loan in several different ways, including by phone, online, visiting a branch or organising for an ANZ representative to come to you.

Before applying for a home loan, it’s important to consider how much money you can afford to borrow and comfortably repay, given your financial situation and income.

You will also need to provide documentation when applying for a home loan, including:

Personal identification
Proof of income (whether from an employer or self-employment)
Information regarding your current debts, liabilities and assets.
Personal insurance documents.

If you’re refinancing with ANZ, you’ll also have to provide home loan statements for the past three months for the loan you wish to refinance.

About ANZ home loans

ANZ home loans cater to a wide range of mortgage customers.

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 may also be able to take advantage of interest rate discounts, waived fees and a range of other features.

Some ANZ home loans also come with introductory 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 lenders, ANZ generally offers lower interest rates to owner-occupiers than to investors, and borrowers making principal and interest payments tend to get lower interest rates than those making interest-only payments. Likewise, ANZ’s borrowers with lower LVRs (loan-to-value ratios) are generally offered 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 often see the bank as a reliable option for home loans.

As you might expect from one of the big four banks, ANZ offers home loans 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.

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.

Mark Bristow

Personal Finance Editor

Mark Bristow is RateCity's Home & Personal Finances Editor, and an experienced analyst, researcher, and producer. While primarily focused on Australian mortgage and home loan expertise, he has experience across energy, home and travel insurances. Mark has been a journalist and writer in the financial space for over ten years, previously researching and writing commercial real estate at CoreLogic. In the years since, Mark has worked for the Winning Group, Expedia, and has seen articles published at Lifehacker and Business Insider.

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Mark Bristow

Personal Finance Editor

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.

ANZ home loans

Why choose ANZ

Benefits

Drawbacks

ANZ Home Loans