Standard Variable Residential Land Loan Standard Variable Residential Land Loan (Principal & Interest) (Owner Occupied)

  • 5.20%
    p.a Standard Variable
  • 5.24%
    p.a Comparison**
  • $600
    Upfront fees
  • $60
    Annual fees
  • 90%
    Max LVR
  • $2,092
    Per Month*

About ANZ

The Australia and New Zealand Banking Group Limited, more commonly known as ANZ, is the third largest bank by market capitalisation in Australia, after the CBA and Westpac. Australian operations make up the largest part of ANZ's business, with commercial and retail banking dominating. ANZ dates back over 175 years whose commitment to building lasting partnerships with their customers, shareholders and communities in 33 countries in Australia, New Zealand, Asia, the Pacific, the Middle East, Europe and America is evident. ANZ continue to provide an excellent range of banking, financial products and services to over 9 million customers and employ over 50,000 people worldwide.

Standard Variable

Repayments calculated to take into account ongoing monthly and anual fees.

Monthly repayment*
rate per annum

Loan to Value Ratio

Borrow up to the maxium of 90% of the value of the property.

Lenders Mortgage Insurance, or LMI, will be payable on most loans where the borrowings are greater than 80% of the value of the property.

However, you may be able to capitalise LMI into your loan, increasing the overall loan amount by about 2% (in order to cover the cost of the insurance). Contact a loan market broker to find out how LVR and LMI might impact the cost of your loan repayments.

Capitalise LMI


For Bridging, Owner Occupied, and Vacant Land in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.

0 - 30 years


The level of financial documentaion and credit history required to apply for the loan.

Full Doc
Credit History
Genuine Saving

Redraw Facility

Get quick access to cash by drawing on the loan to pay for renovations or other purchases.

Redraw Facility
Min Redraw
Redraw fee

Banking Features

Given the wide range of loans on offer – with different interest rates, product features and fees – it pays to shop around to find the loan that fits your needs and circumstances. Some loans offer features that may be appropriate for your situation and result in savings over the life of the loan.

Some features you may wish to consider include:

  • an offset account;
  • ability to make extra repayments;
  • a redraw facility; and
  • linked credit card and savings accounts;
  • ability to split your loan between fixed and variable interest rates
Offset Account
Redraw Available
Internet Banking
Telephone Banking
Credit Card
BPay Option
Portability of Loan
Professional Pack
Check Account
Direct Salary Credit
Free Transactions
Minimum Redraw
Redraw Fee


You can make your repayments Fortnightly, Monthly, and Weekly.

Interest Only Option
Max Interest Only
0 years

Upfront Fees

Upfront fess associated with estabilishing the loan. Other loan set-up fees, such as valuation fees and lender's mortgage insurance, and Government charges, such as registration fees and stamp duty on property transfer, have not been included. These will be determined after application.


Ongoing Fees

Monthly and annual fees and charges during the loan period.

Ongoing Monthly

Exit Fees

Fees associated with prematurely ending the loan.

Early Repayment
Switch To Fixed


PLEASE NOTE: PAYG income will longer accepted under Lo Doc 60 policy. Brokers can only offer Lo Doc 60 loans to self employed (Non PAYG) customers. The change in policy is as a result of the new National Consumer Credit Protection (NCCP) Legislation and the additional requirements it places on Brokers to make reasonable enquiries; into a customers financial situation. Where other income sources are used in a Lo Doc 60 application, evidence of income must be supplied and verified in line with policy. Please refer to the income and employment section in ANZ policy matrix or on the Broker website. For Lo Doc 60 self-employed applications, customer must have a registered Australian Business Number (ABN) for a minimum of 12 months prior to the date of the application. Please check specific fees and charges with ANZ BDM as they may vary, prior to loan application. Breakfree package available. Please refer to ANZ for owner builder eligibility. Option of ANZ 100% Offset against loan account. $10 Fee applies for ANZ One Offset account per month. Unlimited ANZ withdrawals (non ANZ ATM fees apply) for offset account. (Fees may apply including non-ANZ ATM operator fees, overseas ATM fees and overseas transaction fees. Please refer to the ANZ Personal Banking Account Fees and Charges booklet for fees and charges that apply and definition of everyday ANZ transactions.)

LVR Notes

LMI payable above 80% LVR. For new mortgage customers, the maximum LVR on new lending remains 90% with the option to capitalise the LMI premium up to a maximum of 92%. For eligible existing lending customers that meet specified criteria, the maximum Loan to Value Ratio is 95%, with the option to finance the LMI premium up to a maximum of 97% . At least one of the applicants must be an existing ANZ customer who has held a retail lending product for greater than 6 months with satisfactory credit history. A retail lending product is defined as a home or residential investment loan (including lines of credit), personal loan, credit card or overdraft facility. All applications that are above 90% LVR will require a full valuation. Other standard ANZ credit policies apply. Brisbane inner city - Owner occupier and investment limited to 80% Perth inner city - investment limited to 80% Contact ANZ BDM for postcodes.


Under ANZ LMI policy customers are required to contribute a minimum of 5% of the purchase price from their own resources. Genuine savings must be saved or accumulated over a period of 3 months. ANZ removed the requirement for evidence of genuine savings where LVR is less than 85%.

Fee Notes

$600 applies for the first product, PLUS $200 for each subsequent product (split) applied for at the same time. 1x Valuation included in application fee then $150 per additional valuation. Settlement Fee of $160 is also included in the Application fee. Cost to switch to fixed $200 (for non-credit critical changes only) otherwise $350 fee applies for credit critical (e.g. loan term, amount, security, changing repayments to I/O or renewing fixed rate loan term).

*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