Compare First Home Buyer Loans

Compare today's lowest first home buyer loan rates & repayments from 30+ banks and specialty lenders.

Finding the perfect property for your first home can be an exciting feeling and it's important to find the home loan that matches your unique situation. Below you can compare loans that suit buyers who are purchasing for the first time - all allow you to borrow up to 95% of the value of the property.

Fixed Rates Variable Rates Low Deposit Loans Offset + Redraw Loans Compare Big4 Banks Thumb anz logo 1 3 Thumb commonwealth bank logo 1 3 Thumb westpac logo 1 3 Thumb national australia bank logo 1 3 Thumb suncorp bank logo 1 3 Thumb st george logo 1 3 Thumb heritage bank limited logo 1 3 Thumb ing logo 1 3 Thumb citibank logo 1 3 Thumb bankwest logo 1 3 Thumb adelaide bank logo 1 3 Thumb me bank logo 1 3 Thumb amp limited logo 1 3 Thumb homeloans ltd logo 1 3 Thumb banksa logo 1 3 Thumb bank of melbourne logo 1 3

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Lender
Loan Details
Interest
Comparison
Repayments
  1. NAB Home Plus Standard 2 Yr Fixed Rate

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.75%
      p.a. fixed
    • 4.50%
      p.a. Comparison
    • $1,809
      per month*
  2. Flexible Home Loan 3 Year Fixed 80%

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.84%
      p.a. fixed
    • 4.91%
      p.a. Comparison
    • $1,817
      per month*
  3. Flexible Home Loan 2 Year Fixed 80%

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.84%
      p.a. fixed
    • 5.01%
      p.a. Comparison
    • $1,817
      per month*
  4. 2 Year Fixed Rate

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.84%
      p.a. fixed
    • 4.87%
      p.a. Comparison
    • $1,822
      per month*
  5. Tailored Home Loan 2 Years Fixed

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.85%
      p.a. fixed
    • 5.07%
      p.a. Comparison
    • $1,827
      per month*
  6. NAB Home Plus Standard 2 Yr Fixed Rate

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.85%
      p.a. fixed
    • 4.52%
      p.a. Comparison
    • $1,829
      per month*
  7. Tailored Home Loan Choice Package 2 Years Fixed

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.75%
      p.a. fixed
    • 4.46%
      p.a. Comparison
    • $1,832
      per month*
  8. Homeloans Optima 2 Year Fixed

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.93%
      p.a. fixed
    • 4.12%
      p.a. Comparison
    • $1,834
      per month*
  9. NAB Home Plus Standard 3 Yr Fixed Rate

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.89%
      p.a. fixed
    • 4.47%
      p.a. Comparison
    • $1,836
      per month*
  10. NAB Home Plus Standard 3 Yr Fixed Rate

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.89%
      p.a. fixed
    • 4.47%
      p.a. Comparison
    • $1,836
      per month*
  11. Orange Advantage Fixed Rate Loan 3 Yrs

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.89%
      p.a. fixed
    • 4.56%
      p.a. Comparison
    • $1,843
      per month*
  12. Back to Basics Variable Loan Better Together Bundle

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.98%
      p.a. variable
    • 3.98%
      p.a. Comparison
    • $1,844
      per month*
  13. Basic Variable Rate Loan

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.98%
      p.a. variable
    • 4.00%
      p.a. Comparison
    • $1,844
      per month*
  14. Homeloans Optima 1 Year Fixed

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.98%
      p.a. fixed
    • 4.15%
      p.a. Comparison
    • $1,844
      per month*
  15. Homeloans Optima 3 Year Fixed

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.98%
      p.a. fixed
    • 4.12%
      p.a. Comparison
    • $1,844
      per month*
  16. AMP Essential Home Loan

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.98%
      p.a. variable
    • 3.99%
      p.a. Comparison
    • $1,844
      per month*
  17. Homeloans Optima 5 Year Fixed

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.98%
      p.a. fixed
    • 4.10%
      p.a. Comparison
    • $1,844
      per month*
  18. Fixed Rate Loan 3 Yrs

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.99%
      p.a. fixed
    • 4.43%
      p.a. Comparison
    • $1,845
      per month*
  19. Flexible Home Loan 1 Year Fixed 80%

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.99%
      p.a. fixed
    • 5.13%
      p.a. Comparison
    • $1,845
      per month*
  20. Home Advantage 2 Years Fixed

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.84%
      p.a. fixed
    • 4.02%
      p.a. Comparison
    • $1,846
      per month*
  21. Tailored Home Loan 2 Years Fixed

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.95%
      p.a. fixed
    • 5.09%
      p.a. Comparison
    • $1,846
      per month*
  22. Home Advantage Variable

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.84%
      p.a. variable
    • 3.99%
      p.a. Comparison
    • $1,846
      per month*
  23. Flexible Home Loan with Member Package 3 Year Fixed

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.84%
      p.a. fixed
    • 4.68%
      p.a. Comparison
    • $1,850
      per month*
  24. Flexible Home Loan with Member Package 2 Year Fixed

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.84%
      p.a. fixed
    • 4.74%
      p.a. Comparison
    • $1,850
      per month*
  25. 3 Year Fixed Rate

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 3.99%
      p.a. fixed
    • 4.82%
      p.a. Comparison
    • $1,850
      per month*

*Monthly Repayments

Monthly repayments are calculated to take into account the loan amount, repayment term and ongoing fees and charges over the life of the loan.

  • Variable rate loans show the monthly repayments at the current rate.
  • Fixed rate loans show the monthly repayment during the fixed period only.
  • Monthly repayment calculations are an approximate guide only. Speak to a LoanMarket Mortgage broker to understand the exact cost of a loan given your particular circumstances.

**Comparison Rates

A comparison rate is a tool to help consumers identify the true cost of a loan. It factors in the interest rate, loan amount, repayment term and ongoing fees and charges and displays this as a single percentage rate that can be used to compare various loans from different lenders.

Monthly Repayment and Comparison Rate* calculations do not include:

  • The use of account features such as early repayments and offset accounts which vary widely among loans and can reduce the cost of a loan significantly.
  • Cost savings such as fee waivers or special rate discounts.
  • Fees and charges associated with loan options or events that may or may not be used by the borrower, such as early repayment or redraw fees
  • Lenders Mortgage Insurance (LMI) which may be required to secure the loan and can increase the cost of the loan.
  • Government charges such as stamp duty or mortgage registration fees.
  • Fees and charges which aren’t available at the time the comparison rate is provided