Contact Details

• Call an ANZ home loan expert
• We come to you
• Send us your enquiry online
• Visit an ANZ branch
• Apply for a home loan

Calculators and Product Selectors

• How much can I borrow?
• Calculate my repayments
• Help me select a loan
• Get pre-approved

Related Products

• Home and contents insurance
• Landlord insurance
• Mortgage protection insurance
• First Home Saver Account

Lenders Mortgage Insurance (LMI) is required if you are borrowing more than 80% of the property’s value. LMI protects the lender against non-payment or if you default on your residential property loan.

LMI also makes it possible for you to buy a home with a deposit as small as 5% of the property value.

How does it work?

LMI is a one-off fee paid by borrowers when they take out a home loan. Fees vary according to the amount borrowed and the size of your deposit.

You can opt to pay the fee up-front or choose to incorporate it into the total loan amount.

In the event that the lender needs to sell their property and the proceeds do not fully repay the loan, the lender can make a claim for the difference from the insurer. In that case, the borrower is still legally liable to repay the insurer.

With an ANZ Family Guarantee, you may be able to avoid paying the premium for LMI.

Benefits of LMI

While LMI is primarily about protecting the lender there are also benefits for the borrower.

• It allows buyers to buy a home sooner with a smaller deposit.
• When trading up, it can increase your choice of properties by allowing you access to a wider price range.
• It allows borrowers to retain some of their capital for other purposes - buying a car or investing in shares.

Mortgage Protection Insurance is designed to protect you, should anything happen that might affect your ability to repay your mortgage, such as losing your job, serious illness, disability or death.

With Mortgage Protection Insurance disability cover, your mortgage repayments can be covered for up to 30 months per claim if you suffer from illness or injury.

Furthermore, if you become involuntarily unemployed, Mortgage Protection Insurance can help you meet your repayments for up to 90 days per claim.

Further benefits of ANZ Mortgage Protection Insurance

• Mortgage repaid in the event of death (up to $750,000).
• Disability benefit of up to 120% of repayments*, up to $7,500 per month, if you are unable to work due to sickness or accident, for up to 30 months per claim.

To apply for ANZ Mortgage Protection Insurance

Call 13 33 33 (8.30am - 7.30pm, Mon - Fri and 9am - 1pm Saturday AEST)

Visit an ANZ branch.

Find out more about ANZ's Mortgage Protection Insurance.

For full details and terms and conditions please read the Product Disclosure Statement and Policy (PDF 180kB)

ANZ Mortgage Protection is issued by ING Life Limited ABN 33 009 657 176 (ING Life) and QBE Insurance(Australia) Limited ABN 78 003 191 035 (QBE). ING Life insures the life benefit; QBE insures the Disability and Involuntary Unemployment benefits. Australia and New Zealand Banking Group Limited ABN 11 005 357 522 (ANZ) recommends you read the Product Disclosure Statement (PDS) and Policy, which are available from any ANZ branch, before deciding to acquire or hold the product. In arranging this insurance, ANZ is operating under an agreement with ING Life and QBE. ANZ receives a commission of 20% less government charges of premiums you pay. ANZ receives this payment at the end of the month you make your premium payment. ING Life is a wholly owned subsidiary of ING Australia Limited, ABN 60 000 000 779 (INGA). INGA is a joint venture between ANZ and ING Group.

Protect your home inside and out with ANZ’s Home and Contents Insurance.

More cover than you might expect

As many as 4 out of 5 people¹ who have buildings insurance, don't have enough cover to guarantee their replacement home will be equivalent of their current home. And, many people don't realise they are underinsured, until it's too late. ANZ Home Insurance provides you with peace of mind in knowing that if your home is destroyed², your rebuilding costs will be covered.

We will ensure the insurance cover for your home is for the right amount. And, if prices go up and it costs more than we thought to replace your home, we guarantee to cover all building costs², even if new building codes increase the cost.

Talk to us today. Call 13 16 14 or click for a call back.

What’s covered?    

• Full 'new for old' building replacement, including cover for:
  • professional and legal fees
  • demolition and removal of debris
  • alternate temporary accommodation
• New for old contents replacement regardless of age
• Accidental damage and loss for your contents in and outside the home (Australia and New Zealand wide)
• Accidental glass breakage and impact damage
• Electrical motor burnout and power surge
• Theft of cash and belongings for you and your visitors
• Natural events (except flood)
• Choice of excess to suit your needs
• Pay by the month at no extra cost
• Earn Bonus Reward Points by paying with your ANZ Frequent Flyer or ANZ Rewards card
• 24 hour, 7 days insurance claims assistance service.

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Be happy about being over 50

Once you hit the magic age, you're eligible for a fantastic suite of extras with both our buildings and contents insurance cover at no extra cost. In fact, if you're 50 when you take out your home insurance or renew it, you'll not only enjoy these special bonuses, you'll pay 10% less.

Unique benefits:

• Fracture to limbs at home
• Travel cancellation (with buildings cover only).

Increased benefit limit on:

• Funeral expenses
• Modifications to your buildings (with buildings cover only)
• Veterinary expenses (with contents cover only).

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Be rewarded every six months

When you take out or renew two or more eligible³ ANZ Insurance policies we will reward you every six months with cash rebates (buildings and contents count as two policies). Depending on how long you stay with us, you could get back up to 15% of your annual premium.

If you'd like to know more about how the rebates work, talk to staff at any ANZ branch or call ANZ Insurance on 13 16 14.

We wish we could keep you safe no matter what. Please check out our ANZ Home Insurance Product Disclosure Statement (PDF 844kB) for full details of what we can cover you for and what we can't.

¹ ASIC, Report 54, Getting home insurance right, A report on home building underinsurance, September 2005
² If destroyed by an insurable event
³Eligible policies are ANZ Home Insurance - buildings cover, ANZ Home Insurance - contents cover, ANZ Landlord Insurance and ANZ Car Insurance. Cash rebates only apply to eligible products issued by ING General Insurance Pty Limited and QBE Insurance (Australia) Limited. Rebate periods are the six month period starting on 1 October and 1 April each year.

ANZ Home Insurance is co-issued by ING General Insurance Pty Limited (ABN 56 072 892 365, AFSL 288160) (ING GI) and QBE Insurance (Australia) Limited (ABN 78 003 191 035, AFSL 239545) (QBE). ING GI is a wholly owned subsidiary of ING Australia Limited ABN 60 000 000 779 (INGA). INGA is 49% owned by Australia and New Zealand Banking Group Limited ABN 11 005 357 522 AFSL 234527 (ANZ) and 51% by ING Group. ANZ, INGA and their related companies, including ING Bank (Australia) Limited ABN 24 000 893 292 other than ING GI, do not accept any liability in respect of this insurance and do not guarantee the payment of any claim or benefit. ANZ receives commission of 20 per cent of the net premium within 3 months from the co-issuers but is not acting as your agent. The information provided is general in nature only and does not take into account your personal needs and financial circumstances and you should consider whether this ANZ Home Insurance is appropriate for you by reading the Product Disclosure Statement before acquiring or continuing to hold ANZ Home Insurance, which is available by visiting any ANZ branch, calling 13 16 14 or visiting www.anz.com.