Whether you want the certainty of a fixed rate or the flexibility of an offset account, we shortlist the structures that fit your income and your timeline — not just the lowest advertised rate.
Your repayment stays the same for a set period, usually one to five years. Useful if you want certainty while a family budget settles in, though most fixed loans limit extra repayments and charge a break fee if you exit early.
Repayments move with the lender's rate, but you typically get unlimited extra repayments, redraw, and often an offset account — features that can meaningfully reduce the interest you pay over time.
Part fixed, part variable. A middle ground for borrowers who want some payment certainty without giving up all the flexibility of a variable loan.
A transaction account linked to your loan — every dollar sitting in it reduces the interest calculated on your loan balance, without locking the money away.
A first conversation usually covers these, so it helps to have rough numbers ready.
How much you have saved, and whether any of it is a gift or from equity in another property.
Your household income, regular expenses, and any existing debts like car loans or credit cards.
Whether you're pre-approved and browsing, or have already found a property with a settlement date.
Many lenders will go to 90–95% of the property value, though anything above 80% usually requires Lenders Mortgage Insurance (LMI). We'll model both scenarios so you can see the trade-off between buying sooner and paying LMI.
Not always. A slightly higher rate with an offset account and no ongoing fees can beat a cheaper rate with restrictive features, depending on how you use the account. We'll compare on total cost, not just the headline rate.
Conditional pre-approval can come through in a few days. Full approval after you've found a property typically takes one to three weeks, depending on the lender and how quickly documents come together.
Try the calculator, then book a call to get a proper assessment.
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