ANZ home loan repayment calculator

Thinking about taking out a home loan with ANZ? Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how ANZ home loans compare with other options.

I'd like to borrow

$

I am an

Loan term

With a repayment type

Your estimated repayments

at interest rate 2.72 %

Total interest payable

$0

Total amount payable

$0

Pros and cons

Pros
  • Variety of home loan products to choose from
  • Package deals available to bundle other financial products
  • Comprehensive customer service offering
Cons
  • Moderate to high interest rates
  • Some home loans have moderate to high fees
  • Higher rates for some types of customers

ANZ home loans rates

Product
Advertised Rate
Total estimated upfront fees
Comparison Rate*
Ongoing fee
Go to site
Company

2.72%

Variable

$360

2.76%

$0
ANZ
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2.98%

Variable

$360

3.02%

$0
ANZ
More details

3.12%

Variable

$310

3.16%

$0
ANZ
More details

3.38%

Variable

$310

3.17%

$0
ANZ
More details

3.22%

Variable

$310

3.26%

$0
ANZ
More details

3.23%

Variable

$310

3.29%

$0
ANZ
More details

3.73%

Variable

$910

3.77%

$0
ANZ
More details

3.74%

Variable

$310

3.78%

$0
ANZ
More details

3.74%

Variable

$910

3.78%

$0
ANZ
More details

2.69%

Fixed - 5 years

$0

3.82%

$395 annually
ANZ
More details

2.84%

Fixed - 5 years

$910

3.84%

$10 monthly
ANZ
More details

3.94%

Variable

$310

3.85%

$0
ANZ
More details

2.29%

Fixed - 3 years

$0

3.89%

$395 annually
ANZ
More details

2.69%

Fixed - 4 years

$0

3.90%

$395 annually
ANZ
More details

2.84%

Fixed - 4 years

$910

3.94%

$10 monthly
ANZ
More details

2.44%

Fixed - 3 years

$910

3.95%

$10 monthly
ANZ
More details

3.59%

Variable

$0

4.00%

$395 annually
ANZ
More details

2.29%

Fixed - 2 years

$0

4.02%

$395 annually
ANZ
More details

3.64%

Variable

$0

4.05%

$395 annually
ANZ
More details

2.44%

Fixed - 2 years

$910

4.10%

$10 monthly
ANZ
More details

2.39%

Fixed - 1 year

$0

4.16%

$395 annually
ANZ
More details

4.14%

Variable

$0

4.18%

$395 annually
ANZ
More details

3.79%

Variable

$0

4.20%

$395 annually
ANZ
More details

3.48%

Fixed - 2 years

$0

4.21%

$395 annually
ANZ
More details

3.68%

Fixed - 3 years

$0

4.22%

$395 annually
ANZ
More details

4.19%

Variable

$0

4.23%

$395 annually
ANZ
More details

3.88%

Fixed - 5 years

$0

4.25%

$395 annually
ANZ
More details

3.88%

Fixed - 4 years

$0

4.26%

$395 annually
ANZ
More details

2.54%

Fixed - 1 year

$910

4.27%

$10 monthly
ANZ
More details

2.99%

Fixed - 5 years

$0

4.27%

$395 annually
ANZ
More details

2.99%

Fixed - 5 years

$0

4.28%

$395 annually
ANZ
More details

3.78%

Fixed - 1 year

$0

4.28%

$395 annually
ANZ
More details

3.14%

Fixed - 5 years

$910

4.31%

$10 monthly
ANZ
More details

3.63%

Fixed - 2 years

$910

4.31%

$10 monthly
ANZ
More details

3.83%

Fixed - 3 years

$910

4.31%

$10 monthly
ANZ
More details

4.03%

Fixed - 5 years

$910

4.32%

$10 monthly
ANZ
More details

3.14%

Fixed - 5 years

$910

4.34%

$10 monthly
ANZ
More details

3.19%

Fixed - 5 years

$0

4.34%

$395 annually
ANZ
More details

4.03%

Fixed - 4 years

$910

4.34%

$10 monthly
ANZ
More details

2.49%

Fixed - 3 years

$0

4.36%

$395 annually
ANZ
More details

2.49%

Fixed - 3 years

$0

4.37%

$395 annually
ANZ
More details

2.99%

Fixed - 4 years

$0

4.37%

$395 annually
ANZ
More details

4.34%

Variable

$0

4.37%

$395 annually
ANZ
More details

2.99%

Fixed - 4 years

$0

4.38%

$395 annually
ANZ
More details

2.69%

Fixed - 3 years

$0

4.40%

$395 annually
ANZ
More details

3.93%

Fixed - 1 year

$910

4.40%

$10 monthly
ANZ
More details

3.34%

Fixed - 5 years

$910

4.41%

$10 monthly
ANZ
More details

2.64%

Fixed - 3 years

$910

4.43%

$10 monthly
ANZ
More details

3.14%

Fixed - 4 years

$910

4.43%

$10 monthly
ANZ
More details

3.19%

Fixed - 4 years

$0

4.43%

$395 annually
ANZ
More details

2.64%

Fixed - 3 years

$910

4.45%

$10 monthly
ANZ
More details

3.14%

Fixed - 4 years

$910

4.45%

$10 monthly
ANZ
More details

4.39%

Variable

$910

4.49%

$5 monthly
ANZ
More details

2.84%

Fixed - 3 years

$910

4.50%

$10 monthly
ANZ
More details

2.49%

Fixed - 2 years

$0

4.51%

$395 annually
ANZ
More details

3.34%

Fixed - 4 years

$910

4.51%

$10 monthly
ANZ
More details

2.49%

Fixed - 2 years

$0

4.53%

$395 annually
ANZ
More details

2.69%

Fixed - 2 years

$0

4.55%

$395 annually
ANZ
More details

4.19%

Variable

$0

4.59%

$395 annually
ANZ
More details

2.64%

Fixed - 2 years

$910

4.62%

$10 monthly
ANZ
More details

2.64%

Fixed - 2 years

$910

4.62%

$10 monthly
ANZ
More details

4.24%

Variable

$0

4.64%

$395 annually
ANZ
More details

4.44%

Variable

$0

4.65%

$395 annually
ANZ
More details

2.84%

Fixed - 2 years

$910

4.66%

$10 monthly
ANZ
More details

2.59%

Fixed - 1 year

$0

4.70%

$395 annually
ANZ
More details

4.49%

Variable

$0

4.70%

$395 annually
ANZ
More details

4.94%

Variable

$910

4.70%

$5 monthly
ANZ
More details

2.59%

Fixed - 1 year

$0

4.71%

$395 annually
ANZ
More details

2.79%

Fixed - 1 year

$0

4.72%

$395 annually
ANZ
More details

4.39%

Variable

$0

4.79%

$395 annually
ANZ
More details

2.74%

Fixed - 1 year

$910

4.83%

$10 monthly
ANZ
More details

2.74%

Fixed - 1 year

$910

4.83%

$10 monthly
ANZ
More details

2.94%

Fixed - 1 year

$910

4.85%

$10 monthly
ANZ
More details

4.64%

Variable

$0

4.85%

$395 annually
ANZ
More details

4.99%

Variable

$910

5.09%

$5 monthly
ANZ
More details

5.24%

Variable

$910

5.18%

$5 monthly
ANZ
More details

5.21%

Variable

$0

5.59%

$395 annually
ANZ
More details

5.21%

Variable

$0

5.59%

$395 annually
ANZ
More details

5.26%

Variable

$0

5.64%

$395 annually
ANZ
More details

5.26%

Variable

$0

5.64%

$395 annually
ANZ
More details

5.43%

Variable

$0

5.81%

$395 annually
ANZ
More details

5.43%

Variable

$0

5.81%

$395 annually
ANZ
More details

6.01%

Variable

$910

6.22%

$150 annually
ANZ
More details

6.01%

Variable

$910

6.22%

$150 annually
ANZ
More details

7.54%

Fixed - 7 years

$0

6.26%

$395 annually
ANZ
More details

7.69%

Fixed - 7 years

$910

6.30%

$10 monthly
ANZ
More details

7.54%

Fixed - 7 years

$0

6.37%

$395 annually
ANZ
More details

7.69%

Fixed - 7 years

$910

6.38%

$10 monthly
ANZ
More details

7.54%

Fixed - 7 years

$0

6.53%

$395 annually
ANZ
More details

7.69%

Fixed - 7 years

$910

6.58%

$10 monthly
ANZ
More details

7.54%

Fixed - 7 years

$0

6.63%

$395 annually
ANZ
More details

7.69%

Fixed - 7 years

$910

6.64%

$10 monthly
ANZ
More details

7.54%

Fixed - 10 years

$0

6.79%

$395 annually
ANZ
More details

7.69%

Fixed - 10 years

$910

6.81%

$10 monthly
ANZ
More details

7.69%

Fixed - 10 years

$910

6.93%

$10 monthly
ANZ
More details

7.54%

Fixed - 10 years

$0

6.95%

$395 annually
ANZ
More details

7.54%

Fixed - 10 years

$0

6.97%

$395 annually
ANZ
More details

7.69%

Fixed - 10 years

$910

6.99%

$10 monthly
ANZ
More details

7.69%

Fixed - 10 years

$910

7.09%

$10 monthly
ANZ
More details

7.54%

Fixed - 10 years

$0

7.10%

$395 annually
ANZ
More details

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.

Learn more about ANZ

What happens to my home loan when interest rates rise?

If you are on a variable rate home loan, every so often your rate will be subject to increases and decreases. Rate changes are determined by your lender, not the Reserve Bank of Australia, however often when the RBA changes the cash rate, a number of banks will follow suit, at least to some extent. You can use RateCity cash rate to check how the latest interest rate change affected your mortgage interest rate.

When your rate rises, you will be required to pay your bank more each month in mortgage repayments. Similarly, if your interest rate is cut, then your monthly repayments will decrease. Your lender will notify you of what your new repayments will be, although you can do the calculations yourself, and compare other home loan rates using our mortgage calculator.

There is no way of conclusively predicting when interest rates will go up or down on home loans so if you prefer a more stable approach consider opting for a fixed rate loan.

Do the big four banks have guarantor home loans?

Yes, ANZ, Commonwealth Bank, NAB and Westpac all offer guarantor home loans. These mortgages are also offered by many other banks, credit unions and building societies.

Who offers 40 year mortgages?

Home loans spanning 40 years are offered by select lenders, though the loan period is much longer than a standard 30-year home loan. You're more likely to find a maximum of 35 years, such as is the case with Teacher’s Mutual Bank

Currently, 40 year home loan lenders in Australia include AlphaBeta Money, BCU, G&C Mutual Bank, Pepper, and Sydney Mutual Bank.

Even though these lengthier loans 35 to 40 year loans do exist on the market, they are not overwhelmingly popular, as the extra interest you pay compared to a 30-year loan can be over $100,000 or more.

What is 'principal and interest'?

‘Principal and interest’ loans are the most common type of home loans on the market. The principal part of the loan is the initial sum lent to the customer and the interest is the money paid on top of this, at the agreed interest rate, until the end of the loan.

By reducing the principal amount, the total of interest charged will also become smaller until eventually the debt is paid off in full.

What is the difference between fixed, variable and split rates?

Fixed rate

A fixed rate home loan is a loan where the interest rate is set for a certain amount of time, usually between one and 15 years. The advantage of a fixed rate is that you know exactly how much your repayments will be for the duration of the fixed term. There are some disadvantages to fixing that you need to be aware of. Some products won’t let you make extra repayments, or offer tools such as an offset account to help you reduce your interest, while others will charge a significant break fee if you decide to terminate the loan before the fixed period finishes.

Variable rate

A variable rate home loan is one where the interest rate can and will change over the course of your loan. The rate is determined by your lender, not the Reserve Bank of Australia, so while the cash rate might go down, your bank may decide not to follow suit, although they do broadly follow market conditions. One of the upsides of variable rates is that they are typically more flexible than their fixed rate counterparts which means that a lot of these products will let you make extra repayments and offer features such as offset accounts.

Split rates home loans

A split loan lets you fix a portion of your loan, and leave the remainder on a variable rate so you get a bet each way on fixed and variable rates. A split loan is a good option for someone who wants the peace of mind that regular repayments can provide but still wants to retain some of the additional features variable loans typically provide such as an offset account. Of course, with most things in life,