ANZ Home Loan Rates
ANZ lifted its variable home-loan rates by 0.25 percentage points from 9 October 2026, Ratesniffers records. Every lender's date is in the RBA rate pass-through tracker.
See all four majors on verified rates, pass-through dates and their own cash rate calls: big four home loan rates compared.
A verified ANZ product example is Simplicity Plus 70% - 80% LVR Owner Occupied P&I: 6.79% p.a. (6.79% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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.
A verified ANZ product example is 3 Year Fixed <80% LVR Owner Occupied P&I: 6.89% p.a. (7.31% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band up to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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.
A verified ANZ product example is Simplicity Plus 70% - 80% LVR Owner Occupied P&I: 6.79% p.a. (6.79% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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.
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?
Ratesniffers compares ANZ home loan products by comparison rate. A verified ANZ product example is Simplicity Plus 70% - 80% LVR Owner Occupied P&I: 6.79% p.a. (6.79% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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. A verified ANZ product example is 3 Year Fixed <80% LVR Owner Occupied P&I: 6.89% p.a. (7.31% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band up to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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. 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?
A verified ANZ product example is Simplicity Plus 70% - 80% LVR Owner Occupied P&I: 6.79% p.a. (6.79% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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. A verified ANZ product example is 3 Year Fixed <80% LVR Owner Occupied P&I: 6.89% p.a. (7.31% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band up to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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. These selected examples do not establish the lowest rate across every product or borrower scenario.
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 60 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.
For a side-by-side rate comparison with another big-four major, see ANZ vs NAB.
ANZ home loan rates at a glance
| Product type | Rate | Comparison rate | Max LVR |
|---|---|---|---|
| Variable Owner-occupier P&I | 6.64% p.a. | 6.64% p.a. | 60% |
| Variable Owner-occupier P&I | 6.69% p.a. | 6.69% p.a. | 70% |
| Variable Owner-occupier P&I | 6.79% p.a. | 6.79% p.a. | 80% |
| Fixed 1-year Investor interest-only | 6.84% p.a. | n/a | 80% |
| Variable Investor P&I | 6.89% p.a. | 6.89% p.a. | 60% |
| Fixed 2-year Investor interest-only | 6.89% p.a. | n/a | 80% |
| Variable Investor P&I | 6.94% p.a. | 6.94% p.a. | 70% |
| Fixed 2-year Owner-occupier interest-only | 6.94% p.a. | n/a | 80% |
| Fixed 1-year Owner-occupier interest-only | 6.99% p.a. | n/a | 80% |
| Variable Investor P&I | 7.04% p.a. | 7.04% p.a. | 80% |
| Fixed 3-year Investor interest-only | 7.04% p.a. | n/a | 80% |
| Fixed 3-year Owner-occupier interest-only | 7.09% p.a. | n/a | 80% |
60 of 168 tracked ANZ home loan products
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
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
The starting interest input uses this selected ANZ product example: Simplicity Plus 70% - 80% LVR Owner Occupied P&I: 6.79% p.a. (6.79% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. Change the loan amount, rate or term to model your own mortgage. Repayments are principal and interest estimates, assume the entered rate remains unchanged, and exclude fees. Changes to these inputs do not establish product eligibility or approval.
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.
For a fuller model, use the repayment calculator, see how extra payments change the balance with the extra repayments calculator, or check what you can borrow with the borrowing power calculator.
Who is ANZ?
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. 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.
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. Each year of the current fixed period has an early or additional repayment tolerance of the lesser of 5% of the loan amount at the start of that fixed period or $5,000; early repayment costs may apply beyond this tolerance, and early exit requires an ANZ quote. 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 8 Oct 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.
Sources checked 5 September 2026: www.anz.com.au, www.anz.com.au, www.anz.com.au, www.anz.com.au, ANZ home loans, ANZ Simplicity PLUS, ANZ Fixed Rate home loan, Australian Government 5% Deposit Scheme participating lenders.