Owner occupied home loans

Buying a property to live in? See below for some of the sharpest rates available on the market for owner occupiers.

Quick home loan search

Home loan product Interest rate Comparison rate Monthly repayment
Featured Interest rate 1.99% Variable Comparison rate 1.99% Monthly repayment $2,030 More details
Featured Interest rate 2.09% Fixed - 3 years Comparison rate 2.17% Monthly repayment $2,058 More details
Featured Interest rate 2.09% Fixed - 1 year Comparison rate 2.18% Monthly repayment $2,058 More details
Featured Interest rate 1.85% Variable Comparison rate 2.21% Monthly repayment $1,992 More details
Featured Interest rate 2.24% Variable Comparison rate 2.24% Monthly repayment $2,100 More details
Featured Interest rate 1.99% Variable Comparison rate 2.47% Monthly repayment $2,030 More details
Featured Interest rate 2.48% Variable Comparison rate 2.50% Monthly repayment $2,167 More details
Interest rate 2.09% Variable Comparison rate 2.02% Monthly repayment $2,058 More details
Interest rate 2.19% Variable Comparison rate 2.08% Monthly repayment $2,086 More details
Interest rate 2.09% Fixed - 2 years Comparison rate 2.17% Monthly repayment $2,058 More details
Interest rate 2.84% Variable Comparison rate 2.30% Monthly repayment $2,272 More details
Interest rate 2.29% Variable Comparison rate 2.33% Monthly repayment $2,114 More details
Interest rate 2.69% Fixed - 4 years Comparison rate 2.35% Monthly repayment $2,228 More details
Interest rate 2.34% Variable Comparison rate 2.36% Monthly repayment $2,128 Enquire now
Interest rate 2.34% Variable Comparison rate 2.36% Monthly repayment $2,128 Enquire now

About Owner Occupied Home Loans

If you’re buying a home to live in, an owner occupied home loan allows you to borrow the amount you need to purchase an existing home, build a new property or renovate an existing one.

Home ownership is the Great Australian Dream and it’s a big business, with owner occupier loans accounting for the majority of home loan commitments each month according to the Australian Bureau of Statistics (ABS).

What is an owner occupied home?

As the name implies, an owner occupied home is one you purchase with the intention of living in it. Owner occupied home loans generally have lower interest rates than investment loans because owner occupiers are seen as a safer bet than an investor. An owner occupied home loan may also have certain terms and conditions that restrict you from renting out the property for a period of time.

How can you save money on an owner occupied home loan?

There are a few key ways you can save on your owner occupied home loan:

Owner occupier home loan interest rates

The interest rates on owner occupier home loans are generally cheaper than interest rates on investment home loans. That’s because owner occupier borrowers are generally seen as being less risky than an investor.

Interest rates on owner occupier home loans are currently at record lows, with most below 3% p.a.

Owner occupier home loan fees

If you’re not careful, fees on an owner occupier home loan can sting you. These fees include:

  • Upfront fees
  • Ongoing fees
  • Exit/break fees

Owner occupier home loan features

Owner occupier home loans come with a range of features such as an offset account, redraw or line of credit facility , and the ability to make extra repayments.

Home loans that come with these features are generally more expensive than home loans that don’t offer these. However, most of these features are designed to help you pay your home loan off sooner, which could save you money in the long run.

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