The cheapest variable loans on offer: Mozo

The cheapest variable loans on offer: Mozo
Jessie RichardsonDecember 7, 2020

Variable loan rates are available as low as 4.23%, with the lowest rates offered by non-bank lenders, according to comparison website Mozo.

Loans.com.au and Homestar both offer loans at 4.23% interest rates. Loans.com.au's Dream Home Loans Essential product has a maximum loan amount of $750,000, while Homestar's variable rate loan has a $1 million loan limit.

The lowest variable rates currently on offer:

  • loans.com.au, Dream Home Loan Essentials: 4.23% (comparison rate: 4.25%)
  • Homestar, Variable Rate Loan: 4.23% (comparison rate: 4.26%)
  • loans.com.au, Dream Home Loan Offset Variable: 4.27% (comparison rate: 4.29%)
  • iMortgage, Essential Home Loan: 4.29% (comparison rate: 4.31%)
  • UBank, UHomeLoan - Real Reward Offer: 4.29% (comparison rate: 4.29%)
  • Newcastle Permanent, Discounted Variable Home Loan (Premium Plus Package): 4.29% (comparison rate: 4.64%)
  • Queenslanders Credit Union    Ultimate Home Loan Special ($250,000 to $500,000): 4.33% (comparison rate: 4.37%)

 

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