Australia's Best Home Loan Rates

Unlock up to $4,000 Cashback with Our Home Loans

Fast & easy application process. Member focused, digitally led. 144+ years of banking.

Fast & easy application process

Member focused, digitally led

144+ years of banking experience

Find the Right Home Loan for Your Needs

Whether you're buying your first home, growing your investment portfolio, or refinancing, we have solutions tailored for you

First Home Buyers

Make your first home a sweeter reality with up to $4,000 cashback. New furniture, covering moving costs or paying down your loan are just some of the cashback thought starters.

Investors

Growing your property portfolio? Get up to $4,000 cashback to boost your investment power. We offer competitive rates and flexible options to help you make the most of your investment.

Refinancers

Switching to us just got more rewarding. Potentially save on your repayments with our competitive rates and get a cash injection of up to $4,000 cashback when you refinance your home loan.

What Do You Get with Our Home Loans?

Comprehensive benefits designed to support your homeownership journey

Transparent Terms & No Hidden Fees

Find out all the numbers and details about the types of loans eligible for a cashback when you speak with one of our lending specialists.

Convenient Cash Injection

Receive up to $4,000 cashback to cover things like moving costs, home improvements, booking flights or family expenses.

Competitive Interest Rates & Flexible Loan Terms

Enjoy potential savings in the short term – a competitive home loan rate – and long term with our flexible loan options.

Easy and Hassle Free Application Process

Switching is simple. Our streamlined application process ensures minimal hassle – with an IMB Lending Specialist on hand to help you get there faster.

Compare Our Home Loan Rates

Choose the loan package that best suits your financial situation

BASIC VARIABLE RATE

Budget Home Loan

Variable Interest Rate

Free redraws using Internet and Mobile Banking

Unrestricted additional repayments

No monthly fees

5.29%

Variable Interest Rate^⁴

with current discount margin

5.32%

Comparison Rate^⁵

For new owner occupier loans with P&I repayments and ≤80% LVR

FIXED RATE

Fixed Rate Home Loan

Fixed Interest Rate

Free redraws using Internet and Mobile Banking

Pay up to 12 months repayments in advance without penalty

Fixed Rate terms of 1 - 5 Years

4.99%

2 Year Fixed Rate^⁵

Best value fixed rate

5.47%

Comparison Rate^⁵

For owner occupier loans with P&I repayments ≤95% LVR

VARIABLE WITH OFFSET

Essentials Home Loan

Variable Interest Rate

Free redraws using Internet and Mobile Banking

Unrestricted additional repayments

Link to a 100% Offset Account to reduce interest payable

5.39%

Variable Interest Rate^⁴

with current discount margin

5.51%

Comparison Rate^⁵

For new owner occupier loans with P&I repayments and ≤80% LVR

Home Loan Calculator

Estimate your monthly repayments and total loan costs

Calculate Your Repayments

Adjust the sliders to see your estimated monthly payments and total interest

Home Price $500,000

$200,000 $2,000,000

Deposit Amount $100,000

$20,000 $1,000,000

Loan Term 25 years

5 years 30 years

Loan Amount

$400,000

Monthly Payment

$2,150

Total Interest

$250,000

* Estimated at 5.32% p.a. comparison rate. Actual rates and repayments may vary based on loan type, LVR, and individual circumstances. This is an estimate only and not an offer of credit.

Home is not just the place where you stay. It is a corner in the word that belongs to you and is tailored by your taste and requirement. There can be no place like home and with home loans you can gather the courage and hope to create your own dream space. These loans are tailored to make the procedure of purchasing your home absolutely stress free. At Installment Loans we will help you find the right loan deal that suits your needs!

We can help you not just with your new home buying loans, but you can also find loans to buy your next home, refinancing your existing loan and bridging loans. With us you can easily find loans for different needs and situation. As we are associated with a number of lenders, it will be easy for you to compare different home loans at a time and find a great deal.

We at Installment Loans offer you easy comparison of the various home loans so that you can know the features, interest rates and other services and application fee ahead of taking a decision. By using the loan calculator you can find out the approximate repayment amount and total interest you will pay based on the borrowed amount of money and tenure.

Purchasing your home is probably one of the biggest decisions you are ever going to make. Let us at Installment Loans help you, regardless of which state you are at- planning to buy your first home, deciding to renovate, to build or simply invest. We help you find home loans for different situation and needs!

We will provide you with an extensive range of home loans available and also simplify the complete procedure. You can make use of the loan calculator and determine the amount of cash you qualify for. We also offer easy comparison of home loan rates. Apply and allow us to make getting a loan easy for you!

Buying Your First Home

Buying your first home can be a confusing process. To help you make your purchase exciting, we have given all necessary information. So, explore our home buying guide to find your new dream home with confidence! You can find us in every step, right from obtaining finance to application and to settlement process!

Buying Your Next Home

Looking for a new home? If you are considering buying your next home that better fits your lifestyle, then let us make it smooth and affordable! We will help you understand all available options and considerations so that you can make an informed home buying decision!

Refinancing

Whether you want to pay off your home loan ahead of time or keep the repayment amount low, refinancing it can be a beneficial option. For anyone who finds the existing term of their home loan unsuitable, refinancing could be a great solution.

Land And Construction Loans

Land and constructions loans will support you throughout the construction of your home. These loans are similar to other standard loans, however, instead of offering you the complete funds all at a time, you will be paid out in different stages as your land purchase and construction of your house unfolds.

Bridging Loans

Bridging loans will help you to buy before you sell. Get this loan and you will not have to make any repayment for the next six months or until you have sold your existing property. Once your existing property gets sold you can use the funds to pay off your loan completely.

Simple Application Process

From application to approval in as little as 24 hours

Online Application

Complete our quick online form with your details and property information. Takes just a few minutes.

Quick Assessment

Our lending specialists review your application and contact you within 24 hours with a preliminary assessment.

Loan Offer

Receive a formal loan offer with all terms, rates, and conditions clearly outlined in writing.

Documentation

Complete final documentation with our team. We guide you through every step of the process.

Settlement

Once everything is signed and settled, you're ready to move into your new home or refinance complete.

What Our Customers Say

Real stories from Australian homeowners who trust our service

★★★★★

"The process was incredibly smooth. The team was responsive and made the whole experience stress-free. I saved money on my monthly repayments and got the cashback too!"

Jane Mitchell

First Home Buyer, Sydney

★★★★★

"I've been a customer for over 5 years. Their rates are competitive and the customer service is exceptional. I've referred several friends who had equally positive experiences."

Peter Kumar

Property Investor, Melbourne

★★★★★

"Refinancing was easier than expected. The fixed rate locked in perfect timing, and the $4,000 cashback helped with renovations. Couldn't be happier with the decision."

Sarah & Luke

Refinancers, Brisbane

Frequently Asked Questions

Everything you need to know about our home loans

You can receive up to $4,000 cashback on eligible home loan products. The cashback amount may vary depending on the type of loan product you choose and your specific circumstances. To find out exactly how much cashback you're eligible for, speak with one of our lending specialists.

Variable Rate Loans: Your interest rate can change during the loan term, which means your monthly repayments may increase or decrease. Variable rates typically start lower than fixed rates, but offer less certainty about future payments.

Fixed Rate Loans: Your interest rate remains fixed for a set period (typically 1-5 years). This means your monthly repayment stays the same, providing certainty and protection against rate increases. After the fixed period ends, the rate may revert to variable or you can refinance.

LVR stands for Loan-to-Value Ratio. It's the loan amount expressed as a percentage of the property's value. For example, if you have a $400,000 loan on a $500,000 property, your LVR is 80%.

LVR matters because it affects:

Interest rates offered (lower LVR typically means better rates)
Lenders mortgage insurance requirements (required if LVR is over 80%)
Loan approval chances and terms

Home loan fees vary depending on the product and your circumstances. Common fees include:

Application Fee: One-time fee to process your application
Valuation Fee: Cost to assess the property value
Settlement Fee: Legal and settlement costs
Lenders Mortgage Insurance (LMI): Required if your deposit is less than 20%
Monthly Fees: Account keeping or package fees (some products have no monthly fees)

We provide a clear breakdown of all fees before you apply. Our Budget Home Loan has no monthly fees, making it our most affordable option.

Our streamlined process is designed to be fast:

Application: Submit online in minutes
Initial Assessment: Within 24 hours
Formal Loan Offer: Within 2-3 business days for most applications
Settlement: Typically 10-20 business days after loan approval

The exact timeframe depends on your circumstances, the completeness of your application, and property valuation requirements.

Yes, most of our loan products offer flexibility:

Extra Repayments: You can make additional payments to reduce your loan principal faster
Redraw: Through our internet and mobile banking, you can redraw money you've paid above your required repayment
Offset Accounts: Essentials Home Loan customers can link a 100% offset account to reduce interest charges

These features help you pay off your home loan faster and reduce the total interest paid.

We understand that life circumstances can change. If your situation changes after loan approval, we encourage you to contact our team immediately. Depending on your circumstances, we may be able to:

Adjust your repayment schedule
Consider refinancing options
Modify the loan terms
Provide alternative solutions

It's always best to discuss changes early to find the best solution for your situation.

Important Information & Disclaimers

How We Use Your Personal Information

We collect personal information to assess your loan application, verify your identity, and comply with Australian laws. Your information is protected under the Privacy Act 1988 (Cth).

We use your information to:

Assess your creditworthiness and financial capacity to repay
Verify your identity and comply with Know Your Customer (KYC) requirements
Conduct credit checks through licensed credit reporting agencies
Provide you with loan services and ongoing customer support
Comply with Australian lending and regulatory requirements including the National Credit Code

We do not share your information with third parties except where required by law or for loan servicing purposes. For full details, please refer to our Privacy Policy.

Cashback Offer Terms & Conditions

The $4,000 cashback offer is available on eligible home loan products for new customers and select refinancers. The following eligibility requirements apply:

Minimum loan amount of $250,000
Owner-occupied property (principal place of residence)
Loan-to-Value Ratio (LVR) of 80% or less (some products may accept higher LVR)
Successful loan settlement
Loan must remain active for 12 months from settlement

Cashback is paid to your nominated account within 30 days of settlement. Other terms and conditions apply. Contact our lending team for full eligibility criteria and product-specific conditions.

Lending Criteria & Credit Assessment

We assess home loan applications based on responsible lending principles in accordance with the National Credit Code. Our assessment considers:

Your income and employment stability
Credit history and repayment record
Existing debts and financial commitments
Property valuation and loan-to-value ratio
Ability to meet loan repayments under stress conditions (interest rate rises)
Savings and financial buffer

We may request additional information or documentation to complete our assessment. All applications are assessed to ensure we lend responsibly and within your capacity to repay.

Interest Rates May Vary

The interest rates displayed are current rates and subject to change based on various factors including:

Your individual credit score and financial profile
Loan type and terms selected
Loan-to-Value Ratio (LVR)
Property type and location
Market conditions and RBA cash rate movements
Individual borrower circumstances and loan structure

Comparison Rate Disclaimer: Comparison rates are calculated on the assumption of a $150,000 loan over 25 years. Your actual comparison rate may differ based on your loan amount, term, and specific circumstances. Comparison rates are designed to help you compare different loan products on an equivalent basis. Rates are current as of the last update and are subject to change without notice.

Responsible Lending Commitment

We are committed to responsible lending practices and comply with all applicable Australian lending regulations, including the National Credit Code and the Consumer Credit Code. This means:

We assess your ability to repay before approving any loan
We don't charge unfair, excessive, or unjustified fees or interest rates
We provide clear, transparent information before you commit to a loan
We offer assistance if you experience genuine hardship or difficulty repaying
We treat you fairly, transparently, and with respect throughout the lending process
We protect your personal information and maintain privacy standards

If you have concerns about our service or wish to lodge a complaint, please contact our Customer Relations team or visit our complaints procedure on our website.

Regulatory Compliance & Licensing

We are a regulated financial services provider licensed and authorised by the appropriate regulators. We comply with all relevant Australian financial laws and regulations, including:

Banking Act 1959 (Cth)
National Credit Code
Consumer Credit Code
Privacy Act 1988 (Cth)
Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth)
Australian Securities and Investments Commission (ASIC) requirements

We participate in the Australian Financial Complaints Authority (AFCA) scheme for independent dispute resolution. If you have a dispute, you can lodge a complaint with AFCA free of charge.

Disclaimer of Liability

The information provided on this page, including rates, fees, features, and calculator results, is general in nature and has been prepared without taking into account your personal circumstances, objectives, or financial situation. It should not be considered as financial advice.

Before making any financial decision, you should carefully consider whether the information is appropriate for your needs. We recommend obtaining professional financial and legal advice tailored to your specific circumstances. The calculator provides estimates only and is not binding. Actual repayments may differ based on final loan terms, interest rate movements, and your specific circumstances.

Ready to Find Your Perfect Home Loan?

Apply today and get up to $4,000 cashback. Fast, easy, and transparent.

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