VoiceOver users please use the tab key when navigating expanded menus

ANZ Fixed

It's all about certainty

An ANZ Fixed loan can give you the certainty of a fixed interest rate, and the peace of mind of knowing your repayments won't change during the fixed period. Right now, if you're buying a home to live in, you'll enjoy our lowest 1 to 5 year ANZ Fixed Home Loan rates this century.

View rates & fees    Apply now







 

 

Loan features

What this loan offers

Easier budgetingdisclaimer

Because your interest rate is fixed, you'll know exactly how much your loan repayments will be during the fixed rate period. So you can budget accordingly.

Save on interest payable with an ANZ One offset accountdisclaimer (only available for one year fixed rate loans)

The money you have in this account could offset the amount you owe on your one year fixed rate home loan and you'll only be charged interest on the difference.

Choose how you make repayments

Pick from 1 to 5, 7 and 10 year fixed rate terms (with a maximum overall term of 30 years) and repay weekly, fortnightly or monthly.

The option of paying interest in advance (ANZ Fixed Residential Investment Loans)disclaimer

If you pre-pay the following year's interest, you may be able to structure your interest payments for tax purposes.

Lock in your ratedisclaimer when you apply

The fixed rate is set at drawdown (not at the time of application), but if you're keen to secure the current fixed rate, you can do this by paying a Lock Rate Fee of $750 when you apply. It's available on loans of up to $1,000,000 for 1 to 5 year loans, and is valid for 90 days from your application.

Make interest only repaymentsdisclaimer

You can apply for a loan with interest only repayments for an agreed term (5 years maximum if you're going to live in the home or 10 years maximum for a residential investment loan).disclaimer Making interest only repayments may suit you in some circumstances.

(Note that if you decide this option is right for you, your repayments will be lower during the interest only period but you will have to repay the principal down the track and you may pay more over the life of your loan.)

Things to consider

What happens if I repay the loan or switch to another loan before the end of my fixed term?

With a fixed rate loan, you need to know that if you repay the loan or switch to another one before the end of your fixed term, or make early or additional repayments, you may have to pay an Early Repayment Cost (PDF 196kB) (which may be very large). Fixed rate loans aren't for everyone.

Can't decide between variable and fixed?

Some customers choose to split their home loan between the two: 50-50, 60-40 or some other ratio, it's up to you.

Loan package

Get a bundle of savings and benefitsdisclaimer

Bundle your home loan, everyday account and credit card into ANZ Breakfree package and enjoy a great range of ongoing features and discounts.disclaimer

What you get

  • Interest rate discounts on nominated loan accountsdisclaimer
  • Credit card annual fee waiverdisclaimer
  • Everyday account fee waiverdisclaimer
  • Optional insurance discountsdisclaimer
  • Choice of variable or fixed home loan options
  • No limit on the number of eligible home loans under the one package. 

You could save

on your ANZ Fixed Home Loan interest rate

For an annual fee of

$395

Other fees and charges apply

Rates and fees

The important numbersdisclaimer

Rates and fees
Interest rate

See rates for other loan terms

  
2-year Fixed

Comparison ratedisclaimer

  

Loan Approval Fee

$600

Loan Administration Charge

$10 per month

Renegotiation Feedisclaimer

$200 or $350 depending on change requested

Lock Rate Fee

$750

Rates and fees
Minimum loan amount

$20,000

Maximum loan amount

Subject to ANZ's credit assessment critieria

Available fixed rate loan terms

1/2/3/4/5/7/10 years

Maximum loan term

30 years

Early Repayment Costdisclaimer

Yes

Redraw fee

N/A

Lenders Mortgage Insurance (LMI)disclaimer

If LVR is more than 80%
What is LVR?

Rates and fees
Interest rate

See rates for other loan terms

  
2-year Fixed

Comparison ratedisclaimer

  

Loan Approval Fee

$600

Loan Administration Charge

$10 per month

Renegotiation Feedisclaimer

$200 or $350 depending on change requested

Lock Rate Fee

$750

Rates and fees
Minimum loan amount

$20,000

Maximum loan amount

Subject to ANZ's credit assessment critieria

Available fixed rate loan terms

1/2/3/4/5/7/10 years

Maximum loan term

30 years

Early Repayment Costdisclaimer

Yes

Redraw fee

N/A

Lenders Mortgage Insurance (LMI)

If LVR is more than 80%
What is LVR?

   

 ANZ Breakfree package

Bundle your home or investment loan, everyday banking account and credit card within an ANZ Breakfree package and enjoy a great range of discounts and benefits. disclaimer  

Learn more

Calculators

Let's do the maths

What could my repayments be?

Get an estimate of your potential loan repayments


How much could I borrow?

Get an indication of how much you may be able to borrow

FAQs

Get your questions answered

   What are LMI and LVR?

If you need to borrow more than 80% of the amount your property is valued at 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’. LMI protects the lender if you default on your loan. For some property types, LMI might be required when LVR is less than 80%. 

   Should I get an offset account?disclaimer

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.

   Principal and interest, or interest only?

Let’s put it this way: if you choose interest only, your minimum repayments will be lower during the interest only period because you are not required to repay the principal balance. You will have to repay the principal down the track and you will pay more over the life of your loan. Choosing to repay principal and interest means that you’re actually paying off the total loan amount over the period of the loan, not just the interest charges.

   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, we're here to help

Call a Home Loan Specialist

1800 100 641

Mon-Fri 8.00am to 8.00pm (AEST),
Sat-Sun 8.00am to 6.00pm (AEST)

Let us come to you

Locate a mobile lender

Fill out a quick form

Enquire online

Visit a branch

Locate us

All applications for credit are subject to ANZ’s credit assessment criteria. Terms and conditions are available on application. Fees and charges apply. 

Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you and read the Terms and Conditions, Product Disclosure Statement and Financial Services Guide before acquiring any product. 

You need Adobe Reader to view PDF files. You can download Adobe Reader free of charge.

Repayment Calculator

All applications for credit are subject to ANZ’s normal credit approval criteria. Product terms and conditions are available on application and eligibility criteria applies to the Breakfree package. An annual Breakfree package fee of $395 and a minimum lending requirement of $150,000 applies. Breakfree benefits only apply while you maintain the package and meet ongoing eligibility criteria. See ANZ Breakfree or ask ANZ for details.

This is an estimate for illustrative purposes only and is based on the limited information provided. It does not constitute an offer of credit. To apply for an ANZ Home Loan you must complete an application.

The estimated repayment amount does not include any fees or charges.

If a Variable Rate Loan is selected, the interest rate will be subject to change throughout the term of the Loan, which can impact on repayment amounts.

Results are based on approximate amortised scheduled repayments and do not take into account interest rate changes or other events that may change repayment amounts on a loan.

For fixed rate loans, once the fixed rate period expires, the loan reverts to a variable rate loan and repayment amounts will change.

For interest only loans, minimum repayments will increase to principal and interest after the interest only period expires. Interest only loans are not for everyone and you should consider if this is the right strategy for you.

The calculator does not include ANZ Equity Manager.

Interest rates are current as at  and are subject to change.

Rates shown for loans of less than $150,000 do not include the Breakfree discount. Visit ANZ Breakfree to find out if you are eligible for the Breakfree discount.

ANZ Home Loans are available for periods between 1 and 30 years.

ANZ Home Loans are available for a minimum of $10,000. This calculator has been set to a maximum of $9,900,000 but you can apply for a higher amount.

Borrowing power calculator

All applications for credit are subject to ANZ's normal credit approval criteria. Product terms and conditions are available on application. Fees and charges apply.

This estimate is based on the accuracy of the limited information provided. It is also based on a loan term of 30 years and either an ANZ Standard Variable rate for home loans or an ANZ Standard Variable rate for residential investment property loans depending on the type of property you have selected. It does not constitute an offer of credit. To apply for an ANZ Home Loan you must complete an application.

The calculation of estimated maximum home loan borrowing power excludes Lenders Mortgage Insurance. The value of the security property is also considered in any credit assessment criteria.

Minimum loan amounts apply to different loan types. For more information, visit anz.com or contact us.

Fixed Rate Home Loans aren’t for everyone and the rate may change at any time prior to the loan being settled. You can ask ANZ about options for locking in a fixed rate before settlement. Terms and Conditions and a $750 Lock Rate Fee apply.

Back to top

Terms and Conditions, fees and charges apply. Refer to ANZ Personal Account Fees and Charges booklet (PDF 139kB).

Back to top

Terms and Conditions, fees and charges apply please refer to the ANZ Consumer Lending Terms and Conditions (PDF 412kB).

Back to top

Interest only loans are not for everyone and you should consider if this is the right strategy for you. Applications are subject to credit assessment.

Back to top

Subject to ANZ's credit assessment criteria.

Back to top

Annual package fee currently $395 and subject to change. Eligibility criteria and terms and conditions apply, including a minimum total mortgage lending requirement of $150,000. See ANZ Breakfree Terms and Conditions (PDF 80kB) for details. ANZ Breakfree package benefits only apply while you maintain the package and meet ongoing eligibility criteria. Terms and conditions and fees and charges apply to products and services taken out in connection with an ANZ Breakfree package. 

Back to top

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).

Back to top

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.

Back to top

Account service fee waived on one eligible transaction account (ANZ Access Advantage account or ANZ One offset account).

Back to top

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). ANZ Mortgage Protection Insurance is jointly issued by OnePath Life Limited (ABN 33 009 657 176) and QBE. 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 520kB) and the relevant ANZ Home insurance Product Disclosure Statement and Policy (PDF 936kB)ANZ Landlord Insurance Product Disclosure Statement and Policy (PDF 736kB)ANZ Car Insurance Product Disclosure Statement and Policy (PDF 656kB) and ANZ Mortgage Protection Insurance Product Disclosure Statement and Policy (PDF 307kB), 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.

Back to top

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.

Back to top

This comparison rate is for a loan of $150,000 over 25 years based on monthly repayments. 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. 

Back to top

Converting or renegotiating - We charge a fee for when you renegotiate or convert your ANZ home or residential investment loan or ANZ Equity Manager. The amount of this fee will be as follows:

$200 - If there is no change to the borrowers, the term or amount of the loan or the security provided in connection with the loan, and the repayments are not changing to interest-only repayments.

$350 - If there is a change to the borrowers, the term or amount of the loan or the security provided in connection with the loan, or the repayments are changing to interest-only repayments.

Back to top

For ANZ Fixed Rate loans, you can make early or additional repayments up to a set available tolerance amount (the lesser of 5% of the loan amount at the start of the current fixed rate period or $5,000) each year of the fixed rate period, without triggering an Early Repayment Cost.  An Early Repayment Cost may be incurred if, during the fixed rate period, the available tolerance amount is exceeded, the loan is fully repaid or refinanced, or ANZ agrees to change the interest rate at your request. Please be aware that Early Repayment Costs can be very large. Terms and Conditions apply please refer to the ANZ Consumer Lending Terms and Conditions (PDF 296kB) and ANZ Fixed Rate Loans - What happens if you repay some or all of it early? (PDF 140kB). Alternatively please visit any ANZ branch or phone the Home Loan Hotline on 1800 100 641, 8:00am to 8:00pm (AEST), Monday to Friday, 8:00am to 6:00pm (AEST) Saturdays and Sundays.

Back to top

Lenders Mortgage Insurance (LMI) is paid by the borrower and protects ANZ in the event that the borrower defaults and a shortfall arises following the sale of the security property. ANZ usually requires LMI where the Loan to Value Ratio (LVR) is above 80% (depending on the type of property).

Back to top