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ANZ Home Loan 3-Year Fixed 6.29% p.a. (CR 6.79% p.a.) @ ANZ

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Dear OzBargainers,

ANZ notified us today that they have reduced their Fixed Home Loan rates as below:

Owner Occupied - Principle and Interest where ≤ 80% LVR

  • 1-year Fixed - reduce from 6.54% p.a. to 6.34% p.a. (CR 6.93% p.a.)
  • 2-year Fixed - reduce from 6.54% p.a. to 6.24% p.a. (CR 6.84% p.a.)
  • 3-year Fixed - reduce from 6.39% p.a. to 6.29% p.a. (CR 6.79% p.a.)

Investment - Principle and Interest where ≤ 80% LVR

  • 1-year Fixed - reduce from 6.69% p.a. to 6.54% p.a. (CR 7.48% p.a.)
  • 2-year Fixed - reduce from 6.64% p.a. to 6.39% p.a. (CR 7.35% p.a.)
  • 3-year Fixed - reduce from 6.44% p.a. to 6.39% p.a. (CR 7.24% p.a.)

Notes:

  • All above rates are effective from 19 September 2023.
  • Property value is ANZ's valuation of the security property and may be different to the price you pay for a property.
  • The interest rate shown includes an interest rate discount from the index rate. For ANZ Fixed, this discount is 0.15% p.a. for loans with a LVR greater than 80% and 0.20% p.a. for loans with a LVR 80% or less.
  • $2,000 cashback when you refinance an eligible home loan with ANZ is applicable.
  • $3,000 bonus for first-home buyers is applicable.

Remember: 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 on eligible loans. A fee of $750 per $1 million of lending (or part thereof) applies. Terms and Conditions available on application.

The following fees may apply:

  • Lock Rate - $750 / $1 million of lending (or part thereof)
  • Discharge fee - $160 per property

We also provide a lot of other products, please contact us or visit our website for more information.

No matter which bank you would like to go with, With Cashback, as your mortgage broker, always offers extra broker cashback to our customers (withcashback.com.au). The cashback amount from us will be 0.60% of the loan balance (No Cap). Our cashback will be paid to you at the following intervals from the settlement date:

  • After Year 1: First 50% of the cashback to your nominated bank account.
  • After Year 2: The remaining 50% of the cashback to your nominated bank account.

Simple example:
If you refinance a $1,000,000 loan, the cashback amount you are able to get: $2,000 (from ANZ) + $6,000 (from us) = $8,000 (in total)

If you have any questions, feel free to contact us at:
Phone: 1300 685 008
Email: [email protected]
Website: www.withcashback.com.au

With Cashback Pty Ltd ACN 620 888 502 is registered with the Australian Securities and Investment Commission as an Authorized Representative number 502385 under FreedomLend Pty Ltd ACN 604 868 957, Australian Credit License 498325.

Related Stores

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closed Comments

  • +3

    HODL for 2% again.

    • +1

      We may not see that rate again in our lifetime 😊

      • China will fall over soon. Down down, rates come down.

        • +1

          If China falls, mega inflation will occur when all the world grinds to a halt.

          • @ATangk: So… you're saying , China recession / depression = mega inflation in Australia ?

          • +1

            @ATangk: According to Youtubers, China imploded last year. The country no longer exists

  • +3

    Lol

  • +8

    Why? I mean why would someone fix on this rate

    • because they are not part of OzB gang, feeling good man

    • Because it can still go up, especially if the dollar drops more or USA increase their rates.

  • +4

    I live my life a quarter percent at a time - Philip Lowe… probably

  • ANZ Home Loand

    A new kind of loan…

    • He meant Lund

    • +1

      He's talking about ANZ Homelander. He's one of the Downunda Boys, but instead of wearing his undies over his tights, he wears a wife beater

  • +2

    I have never met someone who has had to deal with ANZ's lending dept that had a positive experience.

    When I bought my home they couldn't do a PEXA/online settlement, my conveyancer had to pay an agent to go into THEIR offices in the city to sign the paperwork in person. They also had 2 weeks of entirely unnecessary delays, failing to post the paper forms they insisted on using. A friend had the exact same experience when buying her home, discharging a mortgage/buying a home that ANZ has a current mortgage on sucks.

    Sisters loan is with ANZ & they are effectively uncontactable & uncompetitive on rates until you try to change lenders suddenly they have time for you.

    • sounds like my garbage experience with my ANZ credit card applications…

    • With my experience they released final payment for my home build to my builder without instruction from me :-/

  • +2

    doesnt seem too good to be honest, but it seems most of the 3 year fixxies out there are seemingly quite high

  • Sorry, prison rates = no thanks.

  • I must be out of my mind if I locked my interest rate now, RBA will start cutting the rate next year to keep the economy.

  • Why you even post this. This fixed rate is not in the best interest of borrowers.

  • Interesting given ANZ expects the first cash rate cut some time after November next year.

  • You would have to be borderline insane to lock in fixed rates right now.

  • good effort to put it our there for everyone.
    However I am not sure If I can call this a bargain/deal.
    ie. If anyone's current rate is under 6% and very likely they are not going to be any more hikes and possibly some cuts next year then fixing at this rate is not ideal.
    thats my 2c.

  • Hand in you OzB badge if you fix your loan at those rates

  • ANZ bank is really doubling down on interest.
    They've got interest in making you interested in interest on your interest!
    At 6.29% fixed interest, they're just interested in interesting you into interesting interest payments.
    Interesting, isn't it?

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