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ANZ Breakfree package

A home loan package that offers you an interest rate discount of up to 1.40% p.a.* plus optional product benefits for an annual fee of $395.

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 If you take out a $150,000 ANZ Standard Variable Home Loan borrowing 80% or less of the property valuedisclaimer

 

  ANZ home and residential investment loans

  • Interest rate discounts on eligible loan accountsdisclaimer
  • Fee waivers on eligible loan accountsdisclaimer including Loan Approval Fee, Valuation Administration Fee, Renegotiation Fee and Loan Administration Charge 
  • No limit on the number of eligible home loans under the one package
  • Choice of variable or fixed home loan options

  ANZ everyday banking

  • Monthly account service fee waived on one eligible everyday account. Choose from ANZ Access Advantage or ANZ One offset account
  • Apply for an ANZ Assured overdraft facility of $500 or $1,000 on your ANZ Access Advantage or ANZ One offset account to help with temporary cash flow shortfalls
  • Use the ANZ App to take care of the day to day. See more information about your purchases, get easy access to your home loan details, and so much more

  ANZ credit cards (optional)

  • Annual account fee waived on one eligible ANZ credit carddisclaimer
  • Additional Cardholder Fee waiveddisclaimer

  ANZ insurance and advice benefits (optional)

  • Discount available on the first year's premium for ANZ Home, Landlord and Car Insurancedisclaimer
  • Up to $550 off the ANZ Financial Planning one-off Adviser Service Fee towards your personalised advicedisclaimer

ANZ Breakfree rates, fees and other important numbersdisclaimer

ANZ Standard Variable Home Loan

(Principal and Interest rates under ANZ Breakfree package)

Interest rate with Breakfree discountdisclaimer when borrowing 80% or less of the property valuedisclaimer with total mortgage lending amount $150,000 plus:

 

comparison ratedisclaimer

Annual package fee currently $395. Discounts vary based on lending amounts and other eligibility criteria. Terms and conditions, and minimum lending requirements apply. See all the rates available for this home loan type.

More about ANZ Breakfree package discounts

  • Make extra repayments to pay your loan off faster
  • Redraw your extra repaymentsdisclaimer

ANZ Fixed Home Loan

(Principal and Interest rates under ANZ Breakfree package)

Interest rate with ANZ Breakfree package discount (3 year fixed with discounted rate when borrowing 80% or less of the property valuedisclaimer):

disclaimer

  

comparison ratedisclaimer (3 year fixed with discounted rate when borrowing 80% or less of the property valuedisclaimer)

Annual package fee currently $395. Terms and conditions, minimum lending requirements and eligibility criteria apply.disclaimer   See all the rates available for this home loan type.

 

More about ANZ Breakfree package discounts

  • Your interest rate won't change during the fixed period
  • Choose from 1, 2, 3, 4, 5, 7 and 10 year fixed rate termsdisclaimer

ANZ Equity Manager

(Under ANZ Breakfree package)

Interest rate with Breakfree discountdisclaimer when borrowing 80% or less of the property valuedisclaimer with total mortgage lending amount $150,000 plus:

Annual package fee currently $395. Discounts vary based on lending amounts and other eligibility criteria. Terms and conditions, and minimum lending requirements apply. See all the rates available for this home loan type.

More about ANZ Breakfree package discounts

  • Use the equity in your existing property
  • Only pay interest on what you use
  • Flexible repayment termsdisclaimer

ANZ Breakfree package interest rate discountsdisclaimer

Borrowing 80% or less of the property valuedisclaimer

ANZ Standard Variable home loan rates with ANZ Breakfree package current special offer borrowing 80 percent or less
Total Mortgage Lending amountdisclaimer ANZ Standard Variable discount ANZ Fixed discount ANZ Equity Manager discount  

$150,000 plus

1.40% p.a.

0.15% p.a.

1.40% p.a.

 

 

Borrowing more than 80% of the property valuedisclaimer

ANZ Standard Variable home loan rates with ANZ Breakfree package current special offer borrowing 80 percent or less
Total Mortgage Lending amountdisclaimer ANZ Standard Variable discount ANZ Fixed discount ANZ Equity Manager discount  

$150,000 plus

1.20% p.a.

0.15% p.a.

1.20% p.a.

 

 

FAQs - get your questions answered

   What are LMI and LVR?

If you're looking to borrow more than 80% of the value of the property you're looking to buy (as determined by ANZ), you may need to pay Lenders Mortgage Insurance (LMI). Banks often call this percentage the ‘LVR’ , which stands for ‘Loan to Value Ratio’. Even though you pay the premiums, LMI protects the lender (ANZ, not you) if you default on your loan. For some property types, LMI might be required when the LVR is less than 80%.

Learn more about ANZ LMI with our Key Fact Sheet (PDF 370kB).

   Should I get an offset account?

If you have money in an everyday banking account, you may choose to move it into an ANZ One offset account. You can link it to your ANZ Standard Variable loan or one-year ANZ Fixed loan to help you save on interest charges. The money you have in ANZ One will offset the amount you owe on your home loan, and you’ll only be charged interest on the difference.

Find out more about offset accounts.

   Principal and interest or interest only?

If you choose interest only, the minimum repayments amount on your loan will be lower during the interest only period because you are not required to repay any of the loan principal. You will have to repay the principal down the track and so you may end up paying more over the life of your loan. There may be additional restrictions on the amount you can borrow or loan type you can select if you choose to pay interest only. Choosing to repay principal and interest means that, with each repayment, you're paying off interest charges as well as some of the loan principal.

Learn more about repayment types.

   How is interest calculated?

Interest is calculated based on the unpaid daily balance of your loan. For example, if you had a loan balance of $150,000 and your interest rate was 6% p.a., your interest charge would be: $150,000 x 6% divided by 365 days = $24.66 for that day. For most ANZ Home Loans, interest is usually calculated daily and charged monthly. For details refer to the ANZ Consumer Lending Terms and Conditions (PDF 412kB) and your letter of offer.

Contact us or apply

Quick start home loan application

Get started in just 5 minutes to apply for a new home loan, refinance, or pre-approvaldisclaimer

Apply online now

   

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Leave your details 

   

Connect with a mobile lender disclaimer

Find a mobile lender

   

Visit a branch or ANZ Home Centre

Find your nearest location

  

Call us

1800 100 641

Mon-Fri 9.00am to 7.00pm (AEST)

   

You can also chat to an ANZ accredited broker for help with your home buying, investing or refinancing needs.

   

The information on this page does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you and read the relevant terms and conditionsProduct Disclosure Statement and the ANZ Financial Services Guide (PDF) before acquiring any product. 

Applications for credit subject to approval. Terms and conditions available on application. Fees and charges apply. Australian credit licence number 234527.

It is important to consider the following with ANZ Breakfree:

  • All ANZ Breakfree package benefits are subject to the ANZ Breakfree Terms and Conditions and any relevant Product Disclosure Statements or terms and conditions

  • Any relevant Special Offer terms and conditions apply

  • Eligibility criteria applies to the ANZ Breakfree package, including a minimum lending requirement of $150,000. Breakfree benefits only apply while you maintain the package and meet ongoing eligibility criteria. See the ANZ Breakfree Terms and Conditions (PDF 80kB)

  • Breakfree benefits are independent of any other discounts or fee waivers granted in ANZ’s absolute discretion at any time.

Property value is ANZ's valuation of the security property and may be different to the price you pay for a property. ANZ Fixed Home Loan discounts when borrowing 80% or less of the property value are available for applications submitted from Monday 15 February 2021.

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Interest rate discounts apply to eligible loan accounts linked to the Breakfree package which meet minimum lending requirements (total mortgage lending must be at least $150,000) and apply while you hold a package and meet ongoing eligibility criteria. Annual package fee $395 and subject to change.

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Fees are waived on eligible loan accounts linked to the Breakfree package where those fees become due on or after those loans become part of your Breakfree package. Other fees and charges may apply in relation to your nominated loan accounts, including in respect of a renegotiation. Please refer to the ANZ Personal Banking General Fees & Charges booklet (PDF 156kB).

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The Annual Account Fee is waived on one eligible ANZ credit card account held under an ANZ Breakfree Package. The waiver only applies while the account is held under the package. A Rewards Program Services Fee of $55 per cardholder may apply to ANZ Rewards and ANZ Frequent Flyer accounts.

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ANZ Home Insurance, ANZ Landlord Insurance and ANZ Car Insurance are issued by QBE Insurance (Australia) Limited (QBE) ABN 78 003 191 035 (AFSL 239545). This information is of a general nature and has been prepared without taking account of your objectives, financial situation or needs.  You should consider whether the information is appropriate for you having regard to your objectives, financial situation and needs. ANZ recommends that you read  ANZ Financial Services Guide (PDF, 107kB) and the relevant ANZ Home insurance Product Disclosure Statement and Policy (PDF 548kB)ANZ Landlord Insurance Product Disclosure Statement and Policy (PDF 760kB)ANZ Car Insurance Product Disclosure Statement and Policy (PDF 463kB), available by calling 13 16 14 or visiting anz.com before deciding whether to acquire, or to continue to hold, any of these products. To be entitled to a discount on your insurance you must notify the issuers of these products at the time of application that you are an ANZ Breakfree package customer. Please note for ANZ Home Insurance, ANZ Landlord Insurance and ANZ Car Insurance the discount is only applicable to the first year’s premium. Reference to insurance premium amounts for the purposes of calculating the applicable Breakfree package benefits exclude any stamp duty, GST and other government fees, charges or levies components that are included in the total premium amount paid by you. These discounts are not available in conjunction with any other discount offer made by issuers of these products or ANZ.

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The discount applies upon you notifying your ANZ Financial Planner that you are an ANZ Breakfree package customer. ANZ Financial Planning will provide one discount per ANZ Breakfree package of up to $550 (inclusive of GST) off the One-Off Adviser Service Fee (ASF). Where the ASF is less than $550 (inclusive of GST), the discount will equal this lesser amount. This Offer may not be used in conjunction with other ANZ Financial Planning offers. ANZ Financial Planners are representatives of Australia and New Zealand Banking Group Limited ABN 11 005 357 522, the holder of an Australian Financial Services Licence.

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Interest rates shown on this page are current as at  and are subject to change. For all applicable fees & charges please see the ANZ Personal Banking Account Fees and Charges (PDF 139kB)ANZ Personal Banking General Fees and Charges (PDF 155kB) and your letter of offer.

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The interest rate shown incorporates ANZ Breakfree discounts which apply while you hold an ANZ Breakfree Package and meet ongoing eligibility criteria. Eligibility for interest rate discounts are based on total mortgage lending requirements and Lending to Value Ratio requirements. For details, see ANZ Breakfree Package and the ANZ Breakfree Terms and Conditions (PDF,131KB). 

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Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly payments, including a Breakfree package discount (if applicable). These rates are for secured loans only.

WARNING: This Comparison Rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

For interest only variable loans, the comparison rates are based on an initial 5 year interest only term. For fixed rate interest only loans, the comparison rates are based on an initial interest only period equal in term to the fixed period.

The repayment calculator does not show all interest rates. Our home loan interest rates page shows all available rates, including special offers and discounts when borrowing 80% or less of the property value.

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Terms and Conditions and eligibility criteria apply to ANZ Redraw. ANZ Redraw is not available on loans in a company name. For further information on ANZ Redraw please refer to the ANZ Consumer Lending Terms and Conditions (PDF 412kB).

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Rates shown apply during the fixed period of your loan. After the fixed period, your rate will switch to the applicable variable rate for a principal and interest loan.

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Flexible repayment terms as long as you’re under your limit. If you go over your limit, you’ll need to make a payment to bring it back under.

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Rates shown apply during the interest only period of your loan. After the interest only period, your rate will switch to the applicable variable rate for a principal and interest loan.

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Total Mortgage Lending - Means the sum of the account balances, plus any funds available for redraw, of home and investment loan accounts and the credit limit of any Equity Manager facilities held in the names of the applicants or borrowers, whether or not the loan is linked to the ANZ Breakfree Package. It does not include Nominated Loan Accounts which are held by other Package Holders.

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ANZ may provide pre-approval (also known as approval in principle or conditional approval) to eligible customers who apply for an ANZ home loan and complete an application form and satisfy any other applicable requirements. Pre-approval is an approval for a loan subject to conditions being met, including that security is satisfactory to ANZ. Australian Credit Licence Number 234527.

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ANZ Mobile Lenders operate as an independently operated ANZ Mortgage Solutions franchise of Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522. Australian Credit Licence Number 234527.

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