Award-winning flexibility start here.


Whether you’re buying your first home, refinancing or investing, we offer award-winning, flexible variable and fixed interest rates, with lots of great features.

 

Variable rate loans

Suited to borrowers looking for:

  • A great low rate
  • Flexibility with repayment frequency and free redraw
  • No ongoing account keeping fees
  • Options to reduce interest with a fully transactional 100% offset account (monthly fee applies)
  • Available for purchases, refinances, debt consolidation or home equity

Fixed rate loans

Suited to borrowers looking for:

  • The certainty of fixed repayments
  • Up to $20,000 p.a. of additional repayments allowed without penalty and free redraw
  • No ongoing account keeping fees
  • Options to reduce interest with a fully transactional 100% offset account (monthly fee applies)
  • Available for purchases, refinances, debt consolidation or home equity

Essential Home Loan Interest Rates (for new home loans)

Owner Occupied Investment

Variable Interest Rates

100% Offset Variable Interest Rates

Fixed Interest Rates

100% Offset Fixed Interest Rates

Variable Interest Rates

100% Offset Variable Interest Rates

Fixed Interest Rates

100% Offset Fixed Interest Rates

  • Interest Rate (P&I) Starting from*
    Comparison Rate^ (P&I)
    Interest Rate (Interest Only) Starting from*
    Comparison Rate^ (Interest Only)
  • 2.77% p.a. (LVR < 80%)
    2.79% p.a. (LVR < 80%)
    4.02% p.a. (LVR < 80%)
    4.03% p.a. (LVR < 80%)
  • 3.17% p.a. (LVR 80% - 90%)
    3.18% p.a. (LVR 80% - 90%)
    n/a
    n/a
  • Interest Rate (P&I)
    Comparison Rate^ (P&I)
    Interest Rate (Interest Only)
    Comparison Rate^ (Interest Only)
  • 2.77% p.a. (LVR < 80%)
    2.91% p.a. (LVR < 80%)
    4.02% p.a. (LVR < 80%)
    4.15% p.a. (LVR < 80%)
  • 3.17% p.a. (LVR 80% - 90%)
    3.31% p.a. (LVR 80% - 90%)
    n/a
    n/a
  • Interest Rate (P&I)
    Comparison Rate^ (P&I)
    Interest Rate (Interest Only)
    Comparison Rate^ (Interest Only)
  • 2.40% p.a. (Fixed – 1 year)
    3.14% p.a. (Fixed – 1 year)
    2.77% p.a. (Fixed – 1 year)
    3.16% p.a. (Fixed – 1 year)
  • 2.40% p.a. (Fixed – 2 years)
    3.10% p.a. (Fixed – 2 years)
    2.77% p.a. (Fixed – 2 years)
    3.14% p.a. (Fixed – 2 years)
  • 2.40% p.a. (Fixed – 3 years)
    3.06% p.a. (Fixed – 3 years)
    2.77% p.a. (Fixed – 3 years)
    3.12% p.a. (Fixed – 3 years)
  • 2.82% p.a. (Fixed – 4 years)
    3.11% p.a. (Fixed – 4 years)
    3.32% p.a. (Fixed – 4 years)
    3.22% p.a. (Fixed – 4 years)
  • 2.82% p.a. (Fixed – 5 years)
    3.09% p.a. (Fixed – 5 years)
    3.32% p.a. (Fixed – 5 years)
    3.23% p.a. (Fixed – 5 years)
  • Interest Rate (P&I)
    Comparison Rate^ (P&I)
    Interest Rate (Interest Only)
    Comparison Rate^ (Interest Only)
  • 2.40% p.a. (Fixed – 1 year)
    3.27% p.a. (Fixed – 1 year)
    2.77% p.a. (Fixed – 1 year)
    3.29% p.a. (Fixed – 1 year)
  • 2.40% p.a. (Fixed – 2 years)
    3.23% p.a. (Fixed – 2 years)
    2.77% p.a. (Fixed – 2 years)
    3.27% p.a. (Fixed – 2 years)
  • 2.40% p.a. (Fixed – 3 years)
    3.19% p.a. (Fixed – 3 years)
    2.77% p.a. (Fixed – 3 years)
    3.25% p.a. (Fixed – 3 years)
  • 2.82% p.a. (Fixed – 4 years)
    3.24% p.a. (Fixed – 4 years)
    3.32% p.a. (Fixed – 4 years)
    3.34% p.a. (Fixed – 4 years)
  • 2.82% p.a. (Fixed – 5 years)
    3.22% p.a. (Fixed – 5 years)
    3.32% p.a. (Fixed – 5 years)
    3.35% p.a. (Fixed – 5 years)
  • Interest Rate (P&I)
    Comparison Rate^ (P&I)
    Interest Rate (Interest Only)
    Comparison Rate^ (Interest Only)
  • 3.07% p.a. (LVR < 80%)
    3.08% p.a. (LVR < 80%)
    3.27% p.a. (LVR < 80%)
    3.28% p.a. (LVR < 80%)
  • 3.52% p.a. (LVR 80% - 90%)
    3.53% p.a. (LVR 80% - 90%)
    n/a
    n/a
  • Interest Rate (P&I)
    Comparison Rate^ (P&I)
    Interest Rate (Interest Only)
    Comparison Rate^ (Interest Only)
  • 3.07% p.a. (LVR < 80%)
    3.21% p.a. (LVR < 80%)
    3.27% p.a. (LVR < 80%)
    3.41% p.a. (LVR < 80%)
  • 3.52% p.a. (LVR 80% - 90%)
    3.66% p.a. (LVR 80% - 90%)
    n/a
    n/a
  • Interest Rate (P&I)
    Comparison Rate^ (P&I)
    Interest Rate (Interest Only)
    Comparison Rate^ (Interest Only)
  • 2.57% p.a. (Fixed – 1 year)
    3.48% p.a. (Fixed – 1 year)
    2.77% p.a. (Fixed – 1 year)
    3.49% p.a. (Fixed – 1 year)
  • 2.57% p.a. (Fixed – 2 year)
    3.43% p.a. (Fixed – 2 year)
    2.77% p.a. (Fixed – 2 year)
    3.45% p.a. (Fixed – 2 year)
  • 2.57% p.a. (Fixed – 3 year)
    3.38% p.a. (Fixed – 3 year)
    2.77% p.a. (Fixed – 3 year)
    3.41% p.a. (Fixed – 3 year)
  • 3.12% p.a. (Fixed – 4 year)
    3.45% p.a. (Fixed – 4 year)
    3.32% p.a. (Fixed – 4 year)
    3.49% p.a. (Fixed – 4 year)
  • 3.12% p.a. (Fixed – 5 year)
    3.43% p.a. (Fixed – 5 year)
    3.32% p.a. (Fixed – 5 year)
    3.48% p.a. (Fixed – 5 year)
  • Interest Rate (P&I)
    Comparison Rate^ (P&I)
    Interest Rate (Interest Only)
    Comparison Rate^ (Interest Only)
  • 2.57% p.a. (Fixed – 1 year)
    3.60% p.a. (Fixed – 1 year)
    2.77% p.a. (Fixed – 1 year)
    3.61% p.a. (Fixed – 1 year)
  • 2.57% p.a. (Fixed – 2 year)
    3.55% p.a. (Fixed – 2 year)
    2.77% p.a. (Fixed – 2 year)
    3.57% p.a. (Fixed – 2 year)
  • 2.57% p.a. (Fixed – 3 year)
    3.50% p.a. (Fixed – 3 year)
    2.77% p.a. (Fixed – 3 year)
    3.53% p.a. (Fixed – 3 year)
  • 3.12% p.a. (Fixed – 4 year)
    3.57% p.a. (Fixed – 4 year)
    3.32% p.a. (Fixed – 4 year)
    3.61% p.a. (Fixed – 4 year)
  • 3.12% p.a. (Fixed – 4 year)
    3.55% p.a. (Fixed – 5 year)
    3.32% p.a. (Fixed – 5 year)
    3.60% p.a. (Fixed – 5 year)

+Available on LVR <90%. At the end of the fixed rate period, the loan converts to the standard variable rate relevant to your loan purpose and repayment type at that time

++Available on LVR <90%. At the end of the fixed rate period, the loan converts to the standard variable rate relevant to your loan purpose and repayment type at that time

Essential Home Loan Product Features

Optional 100% offset account (monthly fee applies) 

Free online redraw

Weekly, fortnightly or monthly repayments (for P&I loans)

No monthly or ongoing fees

Unlimited extra repayments (up to $20,000 p.a. on fixed)

Interest only option available

Note:

  • Owner occupied fixed rates are available for a loan to value (LVR) up to 90%.
  • Investment fixed rates are available for a loan to value (LVR) up to 90%.

Essential Home Loan Fees

Fee

Description

Cost

Application fee
(per application)

This fee is paid for us to assess, process and prepare the loan documentation for your home loan (it includes one standard valuation). Note – additional fees will be charged for additional or non-standard valuations.

$150

Split loan fee
(per split)

This fee is charged if you have more than one loan as part of your application. It is charged per additional loan.

$50

Loan variation fee - simple
(per variation)

This fee is charged if you apply for us to:

  • Vary your existing contract
  • Convert to another annual percentage rate
  • Agree to a request to a consent or change of borrower details
  • Release or substitute a security (a discharge administration fee may also be payable).

$200

 

Loan variation fee - complex
(per variation)

This fee is charged if you apply for us to:

  • Change your product
  • Remove a guarantor
  • Increase your loan
  • Agree to a subdivision.

$350

Monthly administration fee - 100% offset
(per account)

This fee is charged to cover the regular administration and servicing required for your offset facility.

$10

Overdrawn approval fee

This fee is charged for all transactions initiated by you or an operator that we approve per day and overdraws your offset balance.

$35

Dishonour fee

This fee is charged when there are insufficient funds in your offset balance to cover an inward direct debit.

$40

Arrears administration fee

This fee is charged each time any part of the required payment on your home loan account is overdue by more than one month.

$35

Redraw fee - manual request

This fee is charged when you redraw all or part of any repayments made on your loan. (Not charged for redraws performed through online banking services).

$50

Discharge administration fee

This fee is charged each time we partially or fully release or discharge a security.

$200

Self-employed? Credit history issues? Income that doesn’t tick the standard boxes?

Kogan Money is about finding a solution, whatever your individual circumstances.

In the current environment, some of our regular home loan options may not be available. We are happy to discuss your situation to see if we can help.

The Choice Home Loans range may be suitable if you are:

Self-Employed Non-Standard Income Bad Credit
  • Self-employed borrowers (24 months ABN accepted)
  • Looking to pay out business or tax debt
  • Incomplete tax returns (alternative income documentation accepted)
  • Refinance or cash out for approved business purposes
  • Self-employed income
  • Full time / part time / casual / second job
  • 80% rental income
  • Family payments – Part A and B
  • Child support
  • Pension
  • Past defaults (paid or unpaid)
  • Discharged bankruptcy (more than one day)
  • Late payments and mortgage arrears (within last 6 months)
  • Part IX or X debt agreements

Choice Home Loan Variable Interest Rates (for new home loans)

Choice Prime
Choice Near Prime
Choice Specialist

A home loan suited to those with a clear credit history.

A home loan suited to those who haven’t
had a credit problem in the last 2 years.

 

A home loan suited to those whose circumstances have made getting a loan challenging.

Variable Interest rate starting from:*

3.78% p.a.

3.97% p.a.

Comparison rate^

Variable Interest rate starting from:*

4.79% p.a.

5.16% p.a.

Comparison rate^

Variable Interest rate starting from:*

5.79% p.a.

6.16% p.a.

Comparison rate^

 

For full rates and fees speak to a lending specialist on 1300 025 888.

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COVID-19 Support: To help you better understand your financial relief options, please contact our support team on 1300 025 888