ANZ is one of Australia's Big Four banks, headquartered in Melbourne since 1835 and operating across Australia, New Zealand and Asia. The Breakfree Package was discontinued in September 2022, so packaged fee waivers are no longer offered; offset is available through the ANZ One account. ANZ Plus is the bank's mobile-first sub-brand for digital-native borrowers.
What are ANZ home loan rates?
ANZ home loan rates are in the live table on this page, ranked by comparison rate, with the lowest variable rate currently 7.04% p.a. and the lowest fixed rate currently 6.44% p.a., checked daily (last verified 11 Sept 2026). Compare ANZ against the wider market on home loan rates, check the comparison rate used to rank the table, or model extra payments with the extra repayments calculator.
What is the lowest ANZ home loan rate?
The lowest ANZ variable home loan rate Ratesniffers tracks is 7.04% p.a., and the lowest fixed rate is 6.44% p.a. These figures come from the 29 ANZ products on this page that pass data-quality checks, ranked by comparison rate, checked daily (last verified 11 Sept 2026).
How many home loan products does ANZ offer?
Ratesniffers currently tracks 168 ANZ home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 29 that pass our data-quality checks on this page. Every rate is ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest products sit at the top.
ANZ also runs a separate digital-only banking arm, ANZ Plus, with its own refinance-only home loan range built around its app rather than a branch. For a side-by-side rate comparison with another big-four major, see ANZ vs NAB.
*Important Information and Comparison Rate Warning
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.
The information provided on this site is general in nature and does not take into account your objectives, financial situation or needs. Before acting on any information, consider whether it is appropriate for you and read the relevant Credit Guide and lender disclosures.
ANZ home loan repayment calculator
Pre-filled with ANZ's lowest advertised variable rate in the table above, 7.04% p.a. Change the loan amount, rate or term to model your own mortgage. Repayments are principal and interest estimates and exclude fees, so the comparison rate in the table is the better guide to total cost.
ANZ traces its history to the Bank of Australasia, which opened its first Australian branch in Sydney in 1835, and took its current form in October 1970 when the Australia and New Zealand Bank merged with the English, Scottish and Australian Bank, then the largest bank merger in Australian history. Headquartered in Melbourne, it is one of the big four alongside Commonwealth Bank, Westpac and NAB, with a banking footprint that also extends across New Zealand, Asia and the Pacific.
In July 2024 ANZ completed its acquisition of Suncorp Bank, bringing Suncorp Bank's Queensland-heavy customer base and branch network into the ANZ group while running the two brands in parallel. As a condition of the sale, the Federal Treasurer required no net job losses and no regional branch closures across either brand for three years from approval, commitments ANZ has reaffirmed through 2026 with actions such as fast-tracking a regional Queensland branch reopening.
Who suits a ANZ home loan?
ANZ tends to suit borrowers who want big-four scale and an international banking footprint, borrowers who want a no-ongoing-fee variable loan in Simplicity PLUS, and anyone chasing a long fixed term, since ANZ quotes fixed periods out to ten years where most lenders stop at five. Since 2024 the group also includes Suncorp Bank, so it is worth comparing rates across both brands if you already bank with either one. Its headline rates don't always lead the market though, so compare its comparison rate against the sharpest in the table above before assuming size means a sharper price.
Since 2024 the ANZ group also includes Suncorp Bank, which continues to price its Queensland-heavy home loan range separately, so compare both brands before choosing.
Background facts checked 5 September 2026. Rates above refresh independently.
ANZ home loan products explained
The line-up as published by ANZ, checked 5 September 2026. Today's rate for each product is in the table above.
Product
Who it is for
What to know
ANZ Simplicity PLUS
Owner-occupiers and investors who want a basic variable loan with no ANZ set-up or ongoing fees.
Variable rate with redraw and unlimited extra repayments at no fee. No offset account is bundled with the product, and ANZ's offset facility is the separate ANZ One offset account, which carries a $10 monthly account servicing fee. Minimum new loan amount $50,000.
ANZ Standard Variable
Borrowers who want the fuller-featured variable loan with an offset account.
Variable rate supporting redraw and an ANZ One offset account at $10 a month. ANZ charges no package fee and no set-up or ongoing fee on a new or refinanced home loan.
ANZ Fixed Rate
Borrowers who want repayment certainty, including over unusually long terms.
Fixed terms of one, two, three, four, five, seven and ten years, with interest-only available up to five years on owner-occupied lending and up to ten years on investment lending. Extra repayments during the fixed period are capped at the lesser of 5% of the balance at the start of that period or $5,000 a year before early repayment costs apply. An ANZ One offset account can be attached only on the one-year fixed term.
Bridging, construction and supplementary loans
Borrowers buying before selling, building, or topping up existing ANZ lending.
Listed on ANZ's own home loan range alongside the main variable and fixed products, each on its own terms and conditions.
ANZ fees, offset and limits at a glance
Application or establishment fee
No fee
Discharge fee
$320
Settlement fee
$0
Additional valuation fee
$150
Rate lock fee
$750 for every $1m borrowed. Not available for 7 or 10 yr terms.
Loan portability
Yes
Minimum offset balance
ANZ One, > $0
Lenders mortgage insurer
ANZ LMI
Capitalising LMI
P&I, For eligible existing Owner Occupied customers, max 97% LVR.…
Maximum total lending
No max however subject to serviceability. For properties >$2.0M max LVR is 75%
Extra repayments on fixed
Lesser of 5% of loan or $5K pa. Otherwise penalty applies. Early repayment cost/benefit applies.…
When the fixed rate is locked
Rate Lock valid for 90 days or at drawdown.
Checked 4 Sept 2026. Lender fees and policy change without notice, so confirm the detail with the lender before you apply.
ANZ home loan fees and policy
ANZ states there is no home loan package fee and no ANZ set-up or ongoing fee when you take out a new home loan or refinance to ANZ. Application approval, loan administration, renegotiation, valuation administration, progress payment and guarantee administration fees are the ones it lists as removed.
Fees that still apply include loan security fees (settlement, production, lodgement and search), government charges and a $20 late payment fee.
An ANZ One offset account carries a $10 monthly account servicing fee, and on fixed lending it can be attached only to a one-year fixed term.
Rate lock costs $750 per $1 million of lending, or part of it, and holds an eligible fixed rate for up to 90 days on terms of one to five years.
Borrowing above 80% of property value generally requires lenders mortgage insurance. ANZ is listed as a participating lender for the Australian Government 5% Deposit Scheme, subject to the scheme's own eligibility rules and price caps.
ANZ Plus home loans are a separate product line under ANZ's ANZ Plus brand and are priced apart from the products on this page.
ANZ home loan rates are in the live table on this page. The lowest variable rate Ratesniffers ranks is currently 7.04% p.a., and the lowest fixed rate is 6.44% p.a., checked daily (last verified 11 Sept 2026). Compare ANZ against the wider market at /home-loans. The /guides/comparison-rate explains the fee-inclusive figure used to rank the table. To model extra payments on a ANZ balance, use /calculators/extra-repayment.
What is the lowest ANZ home loan rate?
ANZ's lowest variable home loan rate is currently 7.04% p.a., and its lowest fixed rate is 6.44% p.a., based on the 29 ANZ products Ratesniffers ranks by comparison rate, checked daily (last verified 11 Sept 2026). The advertised rate isn't always the rate ANZ approves, a broker can often negotiate a sharper deal on your scenario.
What is the monthly repayment on a $600,000 ANZ home loan?
At ANZ's lowest variable rate of 7.04% p.a., a $600,000 principal and interest loan over 30 years repays about $4,008 a month, and $500,000 about $3,340. That is an estimate at the advertised rate before fees; the comparison rate in the table above carries the fees, and a fixed or interest-only loan repays differently.
How much do you need to earn for a $500,000 ANZ home loan?
There is no single salary. Like every Australian lender, ANZ must assess a new home loan at a rate at least 3 percentage points above the loan's rate under APRA's serviceability buffer, so 7.04% p.a. is assessed at about 10.04% p.a., then test that repayment against income after living expenses and other debts. The income required calculator at /calculators/income-required works this backwards from a property price and deposit.
How does ANZ's home loan rate compare to the market?
ANZ's lowest variable home loan rate today is 7.04% p.a., which is 80 basis points above the market median of 6.24% p.a., so there are sharper variable rates available elsewhere today, and it's worth comparing or asking ANZ to match a lower rate. This is computed daily from the live rates across the lenders Ratesniffers tracks, so it reflects where ANZ sits right now rather than a fixed snapshot.
How many home loan products does ANZ offer?
Ratesniffers currently tracks 168 ANZ home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 29 that pass our data-quality checks on this page. Every rate is checked daily against each lender's current published pricing and ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest loans sit at the top.
How often are ANZ's home loan rates updated?
Ratesniffers refreshes ANZ's home loan rates daily; this page was last updated 11 Sept 2026. Rates can change whenever ANZ reprices or the RBA moves the cash rate, so the figures shown reflect the most recent data we hold rather than a static snapshot.
How long does ANZ take to approve a home loan?
ANZ says its online pre-approval form takes about five minutes, then a home loan specialist calls within 24 to 48 hours to progress the application. Pre-approval generally lasts around three months if your circumstances do not change. ANZ's full approval checklist covers property valuation, building insurance and any extra documents requested, and lists no set number of days.
Does ANZ lend to self-employed borrowers, and what income evidence does it accept?
Yes. ANZ's checklist asks self-employed applicants for a one year individual tax return and ATO notice of assessment, plus a business tax return, profit and loss statement and balance sheet, none older than 22 and a half months. Existing customers with an LVR of 80% or less may use financials up to 24 months old, valid until 30 June.
Does ANZ offer an offset account on its home loans, and what does it cost?
Yes. ANZ One is a transaction account linked to an eligible home or investment loan, such as an ANZ Standard Variable loan or a one year ANZ Fixed loan, and it costs $10 per month. Money in the account offsets your loan balance, so interest is charged only on the difference, while the funds stay accessible.
What upfront and ongoing fees does ANZ charge on a home loan?
ANZ lists no set up or ongoing fees on its home loans, including a $0 loan approval fee and $0 valuation administration fee. Fees that can still apply include $10 a month for an ANZ One offset account, a $20 late payment fee, loan security fees of $160 (settlement, production, lodgement) and $50 (search), plus government charges.
What is ANZ's standard variable rate?
ANZ Standard Variable is its fuller-featured variable home loan, supporting redraw and an ANZ One offset account. The current rate sits in the live table above rather than in this answer, because ANZ reprices it independently and quotes different rates by loan purpose and deposit size. Compare the comparison rate, which carries the fees into the cost.
What is ANZ Simplicity PLUS?
Simplicity PLUS is ANZ's basic variable home loan, for owner-occupiers and investors who want a lower rate instead of features. It allows unlimited extra repayments at no fee and redraw, has no ANZ set-up or ongoing fee, and starts at a $50,000 minimum new loan. No offset account is bundled with it, so borrowers who want one look at ANZ's other variable loans.
Does ANZ offer fixed home loan rates?
Yes. ANZ quotes fixed terms of one, two, three, four, five, seven and ten years, which is longer than most Australian lenders offer. Extra repayments during the fixed period are capped at the lesser of 5% of the opening balance or $5,000 a year before early repayment costs apply, and an offset account can attach only on the one-year term.
What are ANZ's home loan rates in September 2026?
ANZ's current home loan rates are in the live table above, ranked by comparison rate. Ratesniffers does not freeze a number into this answer because ANZ prices Simplicity PLUS, Standard Variable and each fixed term separately, and varies them by deposit size and loan purpose. Compare the comparison rate rather than the headline rate.
Does ANZ charge a home loan package fee?
No. ANZ states there is no home loan package fee and no ANZ set-up or ongoing fee on a new home loan or a refinance to ANZ. Loan security fees for settlement, production, lodgement and search still apply, along with government charges, a $20 late payment fee and $10 a month for an ANZ One offset account.
Is ANZ a good home loan lender?
ANZ is one of the big four, owns Suncorp Bank since 2024, and pairs a no-ongoing-fee variable loan with the longest fixed terms in the mainstream market. Whether it suits comes down to price against the wider panel, so read the full write-up at /reviews/anz and compare its comparison rate in the table above.
