What are owner-occupied home loans?

While the investment property market in Australia is on the rise, there are still plenty of Aussie home buyers looking for a house they can move straight into and make their home. When carrying out your home loan calculations, make sure you look at owner-occupied home loans to find the most suitable one for you.

Owner-occupied home loans are available for borrowers who plan to live in the home that the loan is required for. Those wanting to take out an owner-occupied home loan may want to purchase an existing home, build a new property, or renovate an established one.

If you are in the market for a home to live in, there are a range of both fixed and variable rate owner-occupied home loans available for any amount you hope to borrow.

Compare owner-occupied home loans:

Don’t forgot to also use the mortgage repayment calculator to crunch your home loan numbers.

Related links:

• Your first home buyer checklist
• Pros and cons of buying off the plan
• Three mistakes home buyers make

Compare home loans in Australia