ANZ Simplicity Plus

ANZ
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Headline interest rate p.a.
5.18%
Comparison rate p.a.
5.23%
Annual fee
$0

Moneybuddy says

ANZ Bank's Simplicity Plus home loan option is a simple, no frills home loan with a low variable interest rate. For this reason, it is perfect for any type of borrower who does not want to pay for extra features they do not need. This home loan was Editor's Choice for ‘Basic variable loan’ in Your Mortgage Magazine, December 2008!

The Basics

Max LVR 90.00%

Interest type Variable rate

Headline interest rate p.a. 5.18%

Comparison rate p.a. 5.23%

Annual fee $0

The cool stuff: features

Draw down loan progressively -

Insurance details -

Loan is Transferable -

Line of credit available No

Product suits Owner - Occupier

The Facts & Figures

Introductory rate p.a. -

Introductory term -

Interest rate (p.a.) 1 year 5.18%

Interest rate (p.a.) 2 years 5.18%

Interest rate (p.a.) 3 years 5.18%

Interest rate (p.a.) 4 years 5.18%

Interest rate (p.a.) 5 years 5.18%

Interest rate (p.a.) 7 years 5.18%

Interest rate (p.a.) 10 years 5.18%

Interest rate (p.a.) 15 years 5.18%

Comparison rate (p.a.) 1 year 5.48%

Comparison rate (p.a.) 2 years -

Comparison rate (p.a.) 3 years -

Comparison rate (p.a.) 4 years -

Comparison rate (p.a.) 5 years -

Comparison rate (p.a.) 7 years -

Comparison rate (p.a.) 10 years -

Comparison rate (p.a.) 15 years -

Minimum loan term -

Maximum loan term -

Min loan amount -

Max loan amount -

Early repayments Yes

Redraw facility Yes

Repayment holiday Yes

Ability to split loan Yes

Extra repayments Yes

Offset account available -

Interest only payments Yes

The ugly stuff: fees

Application fee $600

Valuation fee -

Subsequent valuation fee -

Valuation fee details -

Discharge fee -

Discharge fee details -

Legal fee -

Settlement fee -

Redraw fee -

Comparison Rate Disclaimer -

All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing. MoneyBuddy endeavours to keep product information up to date however we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. We recommend that you check the accuracy of all information provided on this website with the product provider. MoneyBuddy earns a referral fee from redirecting website users to a product provider's website. Further details are provided in relation to specific product information. Website users have no obligation to apply for a product or service that they may be referred to by this website.

Warning: These comparison rates are 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.

ANZ says

The ANZ Simplicity PLUS Home Loan offers you a low variable interest rate for the life of the loan. You will not pay for any extra features you don't need and you can make additional repayments at any time to help you pay off your loan sooner.After beating hundreds of other loans, ANZ is Australia’s most awarded home lender*, offering great rates and dedicated home loan specialists to guide you through the process.

Key features

  • Variable rate home loan
  • $600 application fee
  • No annual fee
  • Extra repayments permitted penalty free
  • Interest only payments for up to 10-years
  • Redraw facility
  • Minimum deposit of 10%

Pros

  • Have the freedom to pay your loan in full at any time
  • Repayment holiday
  • Ability to split loan

Cons

  • $600 application fee
 
Interested in this home loan?

We can pass your details on directly to a home loan expert from the bank, who will contact you within 24 hours to discuss your situation.

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We've partnered with Tomorrow Finance for home loan data, advice and details. You will be contacted within 24 hours by a home loan expert from the bank to discuss your situation. There is no obligation to complete the home loan. You are simply making an enquiry.

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home > compare home loans > ANZ home loans > Simplicity Plus