When you open a bank account you should have both - the transaction account to make payments with, and the savings account to earn interest. Please refer to our, A better score could get you a better deal, Track your credit score for free in the Finder app. The Reserve Bank of Australia cut its benchmark interest rate by a quarter of a percentage point to a new record low of 0.75% on Tuesday. To get started comparing, enter the information needed on the three fields provided and click calculate. Unlock a range of savings with this competitive package home loan offer. Learn how we maintain accuracy on our site. In the meantime, to give you an estimate of your monthly repayments, you may use the calculator we have on this page. Australia - Interest Rate RBA cuts rates to new all-time low in November; ramps up bond-buying plans. If products listed have an LVR <80%, they will be clearly identified in the product name along with the specific LVR. The table below shows the overall cost of this loan with an interest rate of 2.75% p.a. Find out ANZ interest rates, fees and charges on a range of products including loans, credit cards, savings accounts and more current interest rates. – benefits of refinancing See the Latest Personal Banking Interest Rates from Suncorp All in One Place - Select a Product Type and View Interest Rates or Learn More About the Range of Products On Offer © 2020 Savings.com.au | AFSL and Australian Credit License Number 515843. Manipulate the Australian dollar (↓ interest rates = ↓ AUD) Control inflation ( ↓ interest rates = ↑ inflation) In Australia, interest rates have varied significantly; from a high of 17.50% in January 1990 to the current record low 0.25% . While there are some rates on the market that may be lower, Finder lets you compare a range of competitive rates from lenders large and small. The official cash rate is now 0.10%. We update these interest rates daily. Rate is not available in conjunction with any bonus interest or other special rates offered on Westpac Term Deposits. A competitive value home loan with no ongoing fee. What’s in store for the housing market in Australia in 2021? Compare current Australian Interest Rates for Home Loans, Credit Cards, Term Deposits, Savings Accounts, &more with CANSTAR. In Australia, a high RBA cash rate has historically resulted in high interest rates on home loans, car loans, personal loans, savings accounts, term deposits and so on. finder.com.au is one of Australia's leading comparison websites. Use our home loan repayment calculator to see how a higher or lower interest rate could affect your mortgage repayments. A flexible and competitive variable rate loan. Home RMG is a wholly-owned subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL and Australian Credit Licence 234945. Credit for Aussie Activate products is provided by Pepper Finance Corporation Limited ACN 094 317 647 (“Pepper”). As a result, the AUD is affected by China and other Asian import markets. Likewise, a low cash rate results in low interest rates on these products, which is good for borrowers but not for savers. Before you do, be aware that the type of finance you choose will greatly affect how much you repay. comparison rate. By submitting this form, you agree to the Aussie privacy policy. Compare now. While our site will provide you with factual information and general advice to help you make better decisions, it isn't a substitute for professional advice. Take advantage of a low-fee mortgage with a special interest rate of just 2.34% p.a. Use our guide for term deposit comparison to find the term deposit to suit you. With this competitive variable rate loan from St.George, refinancers borrowing $250,000+ can get up $4,000 cashback and borrow up to 90% of the property's value. At its monetary policy meeting on 3 November, the Reserve Bank of Australia (RBA) decided to cut the cash rate from 0.25% to a new all-time low of 0.10%. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Interest Rate. The current interest rate for this term deposit product is for a 1 year period and applies to deposit amounts or balances ranging from $250,000 to $5,000,000. Lenders reduce rates on top of RBA rate cut. Up to $4,000 refinance cashback. Compare Term Deposit rates from over 60 different providers. The first one tracks the average monthly rates according to an analysis of Finder's database. / You'll receive notifications about deals across shopping, credit cards, loans, and more! To read about how Savings.com.au manages potential conflicts of interest, along with how we get paid, please click through onto the web site links. Savings.com.au is a general information provider and in giving you general product information, Savings.com.au is not making any suggestion or recommendation about any particular product and all market products may not be considered. We compare from a wide set of banks, insurers and product issuers. It's a helpful way to just how much you can save by comparing interest rates. The interest rate on your savings account can help you earn a little bit extra on the money you've earned. I have a variable interest rate and receive a discount of 1.12% my rate being 4.15%. Comparing rates from three, 4 or more loan providers helps ensure you're getting competitive offers on a new home loan or a refinance. Fix your mortgage for 1 year with a very competitive rate and no ongoing fees. The infographic below displays the recent history of Australia's cash rate… Get a low interest rate loan with no ongoing fees. Compar some of the best term deposit interest rates in Australia at RateCity and compare over term deposits. They are (in descending order): Credit Union Australia, Newcastle Permanent, Heritage Bank, Peoples’ Choice Credit Union, Teachers Mutual Bank, Greater Bank, IMB Bank, Beyond Bank, Bank Australia and P&N Bank. It will show the providers based on what you are filtering out (on the black bar). When comparing home loans, checking out the current average home loan interest rate on this page gives you a quick and easy way to compare rates for different mortgages on the market at any given time. Credit services for Aussie Select, Aussie Activate and Aussie Elevate products are provided by AHL Investments Pty Ltd ACN 105 265 861 (“Aussie”) and its appointed credit representatives, Australian Credit Licence 246786. Credit for Aussie Select products is provided by Residential Mortgage Group Pty Ltd ACN 152 378 133, Australian Credit Licence 414133 (“RMG”). Eligible borrowers refinancing $250,000 or more can get $2,000 cashback per property plus a bonus $1,000 for their first application. They can give you a multitude of options according to your situation. Level 10, 99 York St, Even a cheap home loan will still rack up interest costs of over a hundred thousand dollars over the life of the loan, so it's imperative you don't just pick the first home loan you see. Aussie is a trade mark of AHL Investments Pty Ltd. Aussie is a subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124. Term deposits are a similar beast to savings accounts except the money is typically locked away for the duration of the term, whereas funds in a savings account should be able to be withdrawn at any time. This interest rate falls over time as you pay off the loan. This loan is not available for construction. We value our editorial independence and follow editorial guidelines. A competitive 3 year fixed rate with no ongoing bank fees. Base criteria of: a $400,000 loan amount, variable, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. The cash rate is Australia's official interest rate and is determined by the Reserve Bank of Australia in a board meeting every month (excluding January). Richard Whitten is a senior writer at Finder covering home loans and property. To avoid paying more than you should for your business finance, make sure that you match the term and type of your loan with your business need. Up to $3,000 refinance cashback. With the official cash rate cut to a historic low 0.10%, you'll need to shop around if you want to earn a good interest rate on your savings. Savings accounts are typically separate to your everyday bank account, aka a transaction account. Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. The table below shows a summary of the current rates of all AUD LIBOR interest rates. Reserve Bank of Australia Museum. A competitive fixed interest rate loan with no ongoing fees. Level 12, 1 Collins Street Melbourne VIC 3000, Australia +61 3 9651 4800 . Optional, only if you want us to follow up with you. Not only will you have to pay back the money you borrow, but you'll also have to repay the interest that accumulates on that principal amount. 120K+ downloads. A competitive rate with no application or ongoing fee. – other refinancing FAQs. In the interests of full disclosure, Savings.com.au, Performance Drive and Loans.com.au are part of the Firstmac Group. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market. We encourage you to use the tools and information we provide to compare your options. Owner occupiers can refinance to one of the most competitive interest-only rates in the market. The product and rate must be clearly published on the Product Provider’s web site. To obtain the best home loan rate, shop around with multiple lending institutions. As things stand, Australia's current cash rate is 0.10%, which is a historic low. Results from Finder's RBA Cash Rate Survey show that 67% of experts surveyed correctly predicted a rate cut. The average deposit rate from the big four banks is currently just 0.80% p.a. Interest rates in Australia could be headed as low as 0% as the economy sinks. Aug 9, 2019, 3:08 PM. Rather, a cut-down portion of the market has been considered which includes retail products from at least the big four banks, the top 10 customer-owned institutions and Australia’s larger non-banks: Some providers' products may not be available in all states. Term deposits are offering similar interest rates to savings accounts at the moment as they too are closely linked to the cash rate. What does a competitive interest rate look like in the current home loan market? Ideally, you want a price that's at least equivalent to, or even better below, the existing average price for the loan product you're interested in. This variable rate loan keeps the features simple and fees low. A competitive variable rate for borrowers with 20% deposits saved. View all product details, interest rates and fees to find term deposits that suit your needs at RateCity No application fee and no ongoing fees. You can see some of our lowest rates in the table below or read on to learn more about how interest rates work and see historic rate data. lower interest rate of Loan B results in a saving of more than $24,000 across the 30-year loan term. Privacy Policy, By subscribing you agree to the Although we provide information on the products offered by a wide range of issuers, we don't cover every available product or service. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria. Term deposits are one of the most secure ways to invest your money. I … Different terms, fees or other loan amounts might result in a different comparison rate. The infographic below displays the recent history of Australia's cash rate, which you can also find on the RBA's website. Yes, you can change your mortgage to get better rates by doing a refinance home loan and you may refer to this page to get started. Compare term deposit interest rates in Australia. By submitting this form, you agree to the Finder Privacy and Cookies Policy and Terms of Use. Conditions, fees and charges apply. Products marked as 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. (Terms, conditions & exclusions apply). Hi, I have a mortgage of $90,000 remaining could I change to another bank with this amount. Confirm details with the provider you're interested in before making a decision. RBA rate cut: Where can you get a good deal on your savings? Please read our website terms of use and privacy policy for more information about our services and our approach to privacy. It's free to compare & no personal details required to get started. 20% deposit required. Savings Privacy Policy. Interest Rates updated daily. He helps everyone understand the ins and outs of mortgages so they can make smarter property decisions. Find the latest news and updates on interest rates in Australia. The entire market was not considered in selecting the above products. A low variable rate for owner occupiers with 30% deposits. Acceptance by insurance companies is based on things like occupation, health and lifestyle. Following the November RBA cash rate cut, we round up all the potential influences on the housing market in 2021. Home loan rates are closely tied to the cash rate - the lower the cash rate, the lower home loan rates will go as lenders fight and scrape to offer the most competitive rates on the market. ß The Overdrawn Debit Interest Rates are effective from the 30 November 2020. Pop in your phone number below to get your download link. High ongoing interest rate: When you compare savings accounts on the Mozo website, you’ll see special and standard interest rates. However, we aim to provide information to enable consumers to understand these issues. *The Comparison rate is based on a $150,000 loan over 25 years. Interest rates and fees for our banking products including loans, term deposits and savings accounts. We try to take an open and transparent approach and provide a broad-based comparison service. This loan is not available for construction. You should consider whether the products or services featured on our site are appropriate for your needs. A competitive variable rate mortgage for owner occupiers $0 application and $0 ongoing fees. A comparison of home loans from multiple lenders. Get a low fixed rate and pay no application or ongoing fees. Check out more detailed mortgage data on our home loans statistics page. Get your credit card debt sorted before the holiday season and save on interest for up to 30 months with one of these credit card offers. Say you deposit $10,000 worth of savings in an account that pays 2.00% p.a: after one year you'd have earned a little bit more than $200 (thanks to the magic of compound interest). Get a low 3 year fixed rate with a 100% offset account and package discounts. A mortgage broker is the best person to reach out to see your options for refinancing. The second graph shows the lowest rate on the market each month. Track your credit score for free in the Finder app, Free Getting a low home loan interest rate is extremely important. Owner occupiers with 40% deposits or equity can get this competitive variable rate loan. The highest the average customer can get is now below 2.00% p.a as at September 2020, while the average savings account from the big four banks, based on a deposit of $10,000 is just 1.05% p.a. $1,476. House hunting has hit a fever pitch in Australia amid record-low interest rates and a remote working revolution, according to new research by Finder, Australia’s most visited comparison site. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. It still takes some grasping just how low our interest rates are now – 0.1! As at 25 September 2020 the Extra Home Loan reference rate for Owner Occupied home loans is 3.78% and the current Extra Home Loan reference rate for Investment home loans is 4.13% p.a. {{returnData.currentRate | percentage:2}}, {{returnData.comparisonRate | percentage:2}}, {{returnData.totalInterestRate | percentage:2}}, {{returnData.baseInterestRate | percentage:2}}, {{returnData.bonusInterestRate | percentage:2}}, {{returnData.introductoryRate | percentage:2}}, {{returnData.advertisedInterestRate | percentage:2}}, {{returnData.minDeposit | currency : '$' : 0}}, {{returnData.upfrontFee | currency : '$' : 0}}, {{returnData.annualFee | currency : '$' : 0}}. Enjoy flexible repayments, a redraw facility and the ability to split your loan. Richard has a Bachelor of Education, a Graduate Certificate in Communication and is currently studying a Certificate IV in Finance and Mortgage Broking. Lock in a low fixed rate for the first two years. These groups are: Resimac, Pepper, Liberty and Firstmac. After entering your details a mortgage broker from Aussie will call you. Please try again... Financial Services and Credit Guide (FSCG), Other terms available between three months and five years, Loyalty bonus when you roll over your term deposit, The big four banks are: ANZ, CBA, NAB and Westpac. This page provides values for Interest Rate reported in several countries part of Australia. Treasury Corporation of Victoria. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. Finder’s RBA survey: Cash rate cut, Melbourne and Sydney overvalued. Get in touch with a team member today There are term deposit rates on the market that are much higher than these averages though, and you should endeavour to find one. Note: Interest that you pay on your business loan should be tax deductible. Warning: this comparison rate is true only for this example and may not include all fees and charges. This loan is offered by a 100% online lender. On the page you’ll find: – a table that lists out the brands offering refinancing There are two graphs below. The Museum tells the story of our currency notes against the background of Australia's economic and social development, through a number of stages from colonial settlement through to the current era of polymer banknotes. Lock in a competitive rate for owner occupiers for two years. A low fixed rate loan available for borrowers with 20% deposits. For more information, read Savings.com.au's Financial Services and Credit Guide (FSCG) The information provided constitutes information which is general in nature and has not taken into account any of your personal objectives, financial situation, or needs. Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. Investors can enjoy flexible repayments and an easy application process with this pioneering online lender. The Reserve Bank of Australia has left interest rates on hold at the record-low level of 0.25 per cent as the nation plans to emerge from the economic darkness created by … Comparing bank interest rates for term deposits in Australia is simple enough if you understand how interest rates are awarded. Monthly repayments were calculated based on the selected products’ advertised rates, applied to a $400,000 loan with a 30-year loan term. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. The top 10 customer-owned Institutions are the ten largest mutual banks, credit unions and building societies in Australia, ranked by assets under management in November 2019. Disclaimer - Hive Empire Pty Ltd (trading as finder.com.au, ABN: 18 118 785 121) provides factual information, general advice and services on financial products as a Corporate Authorised Representative (432664) of Advice Evolution Pty Ltd AFSL 342880. Likewise, a low cash rate results in low interest rates on these products, which is good for borrowers but not for savers. Australia: RBA cuts rates to new all-time low in November; ramps up bond-buying plans November 3, 2020 At its monetary policy meeting on 3 November, the Reserve Bank of Australia (RBA) decided to cut the cash rate from 0.25% to a new all-time low of 0.10%. Australia Interest Rates. Homes cost hundreds of thousands of dollars, which is likely to be the biggest expense of your life by far. Interest paid annually. Please use the 'find us' function to view your nearest branch's current operating hours. Other conditions apply. November’s best balance transfer credit card offers: Cut your debt with 0% deals. The Adviser’s number 1 placed mortgage broker 8 years running (2013-2020). The recession is apparently over – but what does this actually mean for your money, and what impact does it have on your savings, loans and investments? Interest Rate in Australia averaged 4.14 percent from 1990 until 2020, reaching an all time high of 17.50 percent in January of 1990 and a record low of 0.10 percent in November of 2020. Thank you. Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. Monthly repayments: Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. Pay no deposit or LMI and get a discounted rate with this family pledge loan. The Australian dollar (AUD) LIBOR interest rate is available in 15 maturities, from overnight (on a daily basis) to 12 months. Save on interest with a free 100% offset account and buy your property with just a 10% deposit. If you decide to apply for a credit product listed on Savings.com.au, you will deal directly with a credit provider, and not with Savings.com.au. ©2020 AHL Investments Pty Ltd ABN 27 105 265 861 Australian Credit Licence 246786. This page provides - Australia Interest Rate - actual values, historical data, forecast, … Offset account and redraw facility included. I would like to transfer to a bank with a more competitive rate. The Finder app updates your score automatically each month and lets you know if it changes. Australia's interest rates will remain at the historic low of just 0.1 per cent for the rest of 2020 after the nation's central bank decided not to slash the official cash rate further. He has written for Yahoo Finance, Money Magazine, Homely, and for multiple banks and lenders. Contact Us. When you borrow money to finance the purchase of a home, banks don't just hand the funds out for free. Borrowers will be able to tap their phone and buy a coffee – via their home loan. For a variable owner-occupied home loan (P&I), there are home loan rates available below 2.00% p.a, while at the other end of the scale you can get a home loan in excess of 5.00% p.a. This loan offers a competitive variable rate and a 100% offset account to help save you on interest repayments. Here are all the lenders passing on the RBA's November cut to borrowers. The RBA’s most important task is to set the monetary policy for Australia. Jack Derwin. They will discuss your situation and help you find a suitable loan. No upfront or ongoing fees. The current Australian interest rate RBA (base rate) is 0.100 %: Reserve Bank of Australia The Reserve Bank of Australia (RBA) is the Australian central bank. A one year fixed rate offer with no ongoing bank fees. We provide tools so you can sort and filter these lists to highlight features that matter to you. Monetary policy decisions involve setting a target for the cash rate. When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. Savings account interest rates are at historic lows at the moment thanks to the also historically low cash rate. Sydney, NSW, Australia 2000. The RBA in monetary policy in Australia can influence the term deposit rate issued by banks. And if you can't find what you're looking for or just need more help, you can also speak to a mortgage broker. RBA rate cut: which lenders are passing on the cut. The Interest rate is the advertised indicator rate for the home loan plus/less any margins. *Rates are averages taken from all comparable loans in Finder's database, which covers a large portion of the Australian mortgage market. Applications are subject to approval. Requires a 20% deposit. Once you know, you can jump on a comparison site like RateCity and start comparing.. Before joining Finder, he edited textbooks and taught English in South Korea. The table below displays some of the highest term deppsit rates available for a one-year term. When John Howard bragged about “record low” rates back in 2002, the cash rate was 4.25%. What does it mean for you if we’re no longer in a recession? Plus you can make extra repayments and free redraw online. This rate is the rate charged on loans between financial institutions (like banks), and it has a significant impact on the price of financial products. The average rates for the different term deposit terms can be seen in the infographic below, with longer terms generally attracting higher interest rates. To find a good savings account interest rate, check out our table below that shows some of the highest interest rates available. Get a discounted, low-fee investor loan from a convenient online lender. Track your credit score From rate cuts to breaking news and announcements. Due to its relatively high interest rates, the Australian Dollar is often used in carry trades with the Japanese Yen. If you're unsure about anything, seek professional advice before you apply for any product or commit to any plan. Comes with a 100% offset account. product provider, We cannot provide you with personal advice or recommendations, Terms of Use, Disclaimer & Privacy Policy, St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I), Westpac Flexi First Option Home Loan - Basic Variable Rate (Owner Occupier, P&I), UBank UHomeLoan Variable Rate - Discount Offer for Owner Occupiers, Variable P&I Rate, Athena Celebrate Home Loan - 60% LVR Owner Occupier, P&I, Suncorp Home Package Plus Fixed - 2 Year Fixed Rate Special Offer $150k+ LVR ≤80% (Owner Occupier, P&I), St.George Fixed Rate Advantage Package - 2 Year Fixed Rate LVR above 80% (Owner Occupier, P&I), UBank UHomeLoan - 3 Year Fixed Rate (Owner Occupier, P&I), Suncorp Back to Basics Home Loan - Better Together Special Offer $150k+ LVR ≤ 80% (Owner Occupier, P&I), Westpac Fixed Options Home Loan Premier Advantage Package - 2 Year (Owner Occupier, P&I), homeloans.com.au Low Rate Home Loan with Offset - LVR Under 60% (Owner Occupier, P&I), Virgin Money Reward Me Fixed Rate Home Loan - 2 Year $300k+ Special offer (Owner Occupier, P&I), IMB Budget Home Loan - LVR ≤80% (Owner Occupier, P&I, NSW and ACT borrowers only), Newcastle Permanent Building Society Real Deal Home Loan - Special Offer 1 (Owner Occupier, P&I), homeloans.com.au Low Rate Home Loan with Offset - LVR 60% to 80% (Owner Occupier, P&I), ME Flexible Home Loan Fixed with Members Package - 2 Year Fixed Rate LVR ≤ 80% (Owner Occupier, P&I), St.George Basic Home Loan - LVR above 80% (Owner Occupier, P&I), IMB Budget Home Loan - Special LVR ≤90% (Owner Occupier, P&I, NSW and ACT borrowers only), HSBC Home Value Loan - Promotional Offer (Owner Occupier P&I), UBank UHomeLoan - 1 Year Fixed Rate (Owner Occupier, P&I), Bank of Melbourne Advantage Package Fixed Home Loan - 2 Year Fixed (Owner Occupier, P&I) LVR above 80% New customers, BankSA Basic Home Loan - Owner Occupier, P&I, homeloans.com.au Low Rate Home Loan with Offset - LVR 80% to 90% (Owner Occupier, P&I), ME Basic Home Loan - LVR ≤80% $150,000 or more (Owner Occupier, P&I), IMB Fixed Rate Home Loan - 3 Year Fixed (LVR 90% Owner Occupier, P&I, NSW and ACT borrowers only), BankSA Advantage Package Fixed Home Loan - 2 Year Fixed (Owner Occupier, P&I), Greater Bank Great Rate Discount Variable with Family Pledge Home Loan - Up to 110% LVR, Athena Liberate Home Loan - 70% to 80% LVR Owner Occupier, P&I, ME Flexible Home Loan Fixed with Members Package - 3 Year Fixed Rate LVR ≤ 80% (Owner Occupier, P&I), Virgin Money Reward Me Variable Home Loan - LVR ≤ 60% (<$500k Owner Occupier, P&I), Athena Evaporate Home Loan - 60% to 70% LVR Owner Occupier, P&I, HSBC Home Value Loan - Promotional Offer LVR 90% (Owner Occupier, P&I), ME Flexible Home Loan Fixed - 2 Year Fixed Rate LVR ≤ 80% (Owner Occupier, P&I), UBank UHomeLoan Variable Rate - Discount Offer for Investor Variable P&I Rate, Newcastle Permanent Building Society Fixed Rate Home Loan - 2 Year Fixed (Owner Occupier, P&I), IMB Fixed Rate Home Loan - 2 Year Fixed (LVR 90% Owner Occupier, P&I, NSW and ACT borrowers only), UBank UHomeLoan - 3 Year Fixed Rate (Owner Occupier, IO), Newcastle Permanent Building Society Premium Plus Package Home Loan - New Customer Offer Discount 1 ($150k+ Owner Occupier, P&I), UBank UHomeLoan - 1 Year Fixed Rate (Investor, IO), Athena Variable Home Loan - Owner Occupier, IO, UBank UHomeLoan - 1 Year Fixed Rate (Owner Occupier, IO), IMB Fixed Rate Home Loan - 3 Years Fixed (LVR ≤90% Investor, P&I, NSW and ACT borrowers only), UBank UHomeLoan - 1 Year Fixed Rate (Investor, P&I), ME Flexible Home Loan With Member Package - LVR ≤80% $400k up to $699,999 (Owner Occupier, P&I), Real estate rush: 3.8 million Australians plan to buy property over the next year, Nano promises faster mobile home loans, with payment features on top.