Find the right home loan for your situation

Variable rates move with the market. When the RBA adjusts rates, your repayments change accordingly. They offer the most flexibility, including redraw and offset features. Fixed rates stay the same for a set period (typically 1–5 years), giving you certainty and protection from rate rises. A split loan gives you both.

20% avoids Lenders Mortgage Insurance entirely, but it's not the only option. Many lenders accept 10% or even 5% deposits. With a smaller deposit you'll pay LMI, but sometimes entering the market sooner makes more financial sense than waiting. We'll calculate the real cost of each scenario for you.

An offset account is a savings or transaction account linked to your home loan. The balance reduces the amount of interest you're charged daily, without reducing your loan balance. It's a powerful tool if you have regular savings or a variable income, as your money stays accessible while still working hard.

Yes, and it's strongly recommended. Pre-approval confirms your borrowing capacity and shows sellers you're a serious buyer. It's generally valid for 90 days and gives you confidence to search and bid without uncertainty. We'll assess your position and manage the pre-approval process across suitable lenders.

No. Using your existing bank limits you to their products only. As your broker, we search 30+ lenders to find the best rate, features, and structure for your situation. Many clients save thousands by switching to a lender that actually suits their needs, with no extra effort on their part.

Most lenders will lend between 4 and 6 times your gross annual income, but the result varies significantly between banks. The same applicant can see a difference of $100,000 or more from one lender to the next, depending on how they treat bonuses, existing debts, and living expenses. We assess your position across 30+ lenders to find your true capacity.

A comparison rate combines the interest rate with most fees and charges to show the true cost of a loan. A loan with a low advertised rate but high fees can cost more than one with a slightly higher rate and no fees. It's calculated on a $150,000 loan over 25 years, so it's a guide rather than an exact figure for larger loans.

Both reduce the interest you pay, but they work differently. An offset is a separate account where your money stays fully accessible, like an everyday account. Redraw means extra repayments sit inside the loan itself, and accessing them can involve restrictions or minimums. For investment properties, the tax treatment also differs, so structure matters.

Yes. Several lenders waive LMI entirely for doctors, dentists and medical specialists, allowing borrowing up to 95% of the property value. Nurses, midwives, physiotherapists, vets and other allied health professionals, along with lawyers and accountants, can qualify for waivers up to 90% at select lenders, usually subject to income and registration requirements. We know which lenders cover which professions — see our LMI waivers guide for details.