ANZ Standard Variable

The ANZ Standard Variable Rate Home Loan gives you full flexibility and value. It is available for people wanting to by a residential property between the value of $20,000 to $10,000,000.

As it is a full feature home loan from ANZ it references the full interest rate throughout the life of the loan. There is a one off establishment fee of $600 and an ongoing monthly fee of $5.
This home loan has a number features that help the home loan customer accommodate any changes that may occur in the future and save them money.

KEY BENEFITS

There are a multitude of benefits associated with the ANZ Standard Variable Rate Home Loan:

100% ANZ offset account

This helps to reduce the interest you pay on your home loan by using savings you have to offset the total remaining principal to be paid. This is a great feature as it saves you money on your home loan.

Self-Employed?

The ANZ Standard Variable rate home loan is available as a Lo Doc loan for customers that are self-employed. You can borrow up to 60% of the value of the property if you can provide standard income documentation

Interest Only Payments

With the ‘Interest Only’ option you only pay the interest amount on the loan for a period of time (up to 10 years). You won’t be making any repayments to the principal during this time and will be paying interest on the entire principal amount every month. This is great for those who wish to minimize repayments in order to free up some money.

Reduced Fees on a Linked ANZ Bank Account

You will not pay any account servicing fees or additional withdrawal fees on your linked ANZ transaction account.

Repayment Holidays

You can take a repayment holiday on this loan if you need to put your home loan repayments on hold, allowing you to pause repayments for up to 3 months. This means you can free up some money to spend as you wish.