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Well Balanced Home Loan

For any query, Call: 1300 001 153
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Customise your mortgage repayments by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

Pros and Cons

Pros:
  • Extra low interest rate for refinancers
  • No ongoing fees
  • Extra repayments + redraw services
  • Free redraw facility
Cons:
  • Discharge fee at end of loan
  • Repayments may increase if RBA raises rates

Fees and Features

Maximum LVR
Maximum LVR
80%
Interest rate structure
Interest rate structure
Variable
Borrowing range
Borrowing range
$10k - $2m
Total repayments
Total repayments
$403,560
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
5 - 30 years
Offset account
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, Weekly
Estimated upfront fees
Estimated upfront fees
$500.00
Application fee
Application fee
$250
Settlement fee
Settlement fee
$250
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$0
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee
$300
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount
Maximum LVR
Maximum LVR
80%
Interest rate structure
Interest rate structure
Variable
Borrowing range
Borrowing range
$10k - $2m
Total repayments
Total repayments
$403,560
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
5 - 30 years
Offset account
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, Weekly
Estimated upfront fees
Estimated upfront fees
$500.00
Application fee
Application fee
$250
Settlement fee
Settlement fee
$250
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$0
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee
$300
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount
Other Restrictions
$10 monthly fee applies for offset account

Compare and review home loans with similar features

Loan Profile
Advertised rate
Advertised rate
3.57%
Variable
Advertised rate
3.54%
Variable
Advertised rate
3.59%
Variable
Advertised rate
3.59%
Variable
Comparison rate*
Comparison rate*
3.58%
Comparison rate*
3.58%
Comparison rate*
3.59%
Comparison rate*
3.61%
Monthly repayment
Monthly repayment
$1,132
Monthly repayment
$1,128
Monthly repayment
$1,135
Monthly repayment
$1,135
Total repayments
Total repayments
$407,520
Total repayments
$406,080
Total repayments
$408,600
Total repayments
$408,600
Minimum deposit %
Minimum deposit %
20%
Minimum deposit %
20%
Minimum deposit %
20%
Minimum deposit %
10%
Loan term
Loan term
15 - 30 years
Loan term
1 - 30 years
Loan term
1 - 30 years
Loan term
1 - 30 years
Loan Fees
Estimated upfront fees
Estimated upfront fees
$0
Estimated upfront fees
$567.00
Estimated upfront fees
$0
Estimated upfront fees
$150.00
Legal fee
Legal fee
$0
Legal fee
$264
Legal fee
$0
Legal fee
$0
Valuation fee
Valuation fee
$0
Valuation fee
$303
Valuation fee
$0
Valuation fee
$0
Settlement fee
Settlement fee
$0
Settlement fee
$0
Settlement fee
$0
Settlement fee
$150
Discharge fee
Discharge fee
$325
Discharge fee
$535
Discharge fee
$0
Discharge fee
$300
Repayments Redraws
Offset account
Offset account
100% offset account
Offset account
100% offset account
Offset account
Offset account
Interest Rate Options
Allows split interest
Allows split interest
Allows split interest
Allows split interest
Allows split interest
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Well Home Loans is a non-bank lender with a history stretching back more than 40 years. Well Home Loans is an online-only provider, so it doesn’t have any branches.

Like a lot of other online-only providers, Well Home Loans offers low-rate mortgages for ‘vanilla’ borrowers. However, it also has home loans that cater to specialist borrowers and bad credit borrowers.

Well Home Loans specialises in mortgages – it doesn’t offer any other products.

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