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Rate Buster 100% Offset Variable Home Loan

Customise your mortgage repayments by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

Pros:
  • Extra low interest rate for refinancers
  • No ongoing fees
  • 100% full offset account
  • Parents can sign as guarantor
Cons:
  • Not available for self-employed borrowers
  • Repayments may increase if RBA raises rates

Details & Fees

Maximum LVR
Maximum LVR
80%
Interest rate structure
Interest rate structure
Variable
Borrowing range
Borrowing range
$50k - $750kCalculate how much you can borrow »
Total repayments
Total repayments
$388,476View repayment schedule »
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
1 - 30 years
Offset account
Offset account
100% offset account
Extra repayments
Extra repayments
Unlimited extra repayments
Redraw facility
Redraw facility
Redraw fee: $0
Allows split interest
Allows split interest
Suitable For
Suitable ForOwner Occupiers
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly
Estimated upfront fees
Estimated upfront fees
$900
Application fee
Application fee$440
Settlement fee
Settlement fee$130
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$330
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee$0
Maximum LVR
Maximum LVR
80%
Interest rate structure
Interest rate structure
Variable
Borrowing range
Borrowing range
$50k - $750kCalculate how much you can borrow »
Total repayments
Total repayments
$388,476View repayment schedule »
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
1 - 30 years
Offset account
Offset account
100% offset account
Extra repayments
Extra repayments
Unlimited extra repayments
Redraw facility
Redraw facility
Redraw fee: $0
Allows split interest
Allows split interest
Suitable For
Suitable ForOwner Occupiers
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly
Estimated upfront fees
Estimated upfront fees
$900
Application fee
Application fee$440
Settlement fee
Settlement fee$130
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$330
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee$0
Other Benefits
Valuation fee free up to $440

Since 2010, Reduce Home Loans has been providing Australian customers with accessible fixed and variable low rate home loans. Being an online-only lender, Reduce Home Loans has no branches, however it does have a nationwide network of mobile bankers to assist customers with loan enquiries. Having fewer overheads than traditional banks means that Reduce Home Loans customers get access to better rates and fewer fees.

Reduce Home Loans have won numerous awards by Money magazine and Your Mortgage.

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