ANZ Simplicity PLUS is our basic variable rate home loan that still gives you the ability to make extra repayments to pay it off sooner. ANZ Simplicity PLUS Home Loans are available for periods between of at least 1 year and up to 30 years in duration.
Category: Home Loans Last Updated October 22, 2024 Effective November 1, 2024
General Lending Rates
Rates listed below are for a VARIABLE Owner Occupied P&I product. Additional Information Principal and interest, owner occupier, borrowing less than or equal to 60% of the property value
Interest Rate 6.54% PA
Comparison Rate 6.54%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Minimum: 90.01 PERCENT Maximum: PERCENT
Lending Rate Type: Variable
Interest Rate: 7.64%, Comparison Rate 7.64%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Variable
Interest Rate: 7.24%, Comparison Rate 7.24%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.64%, Comparison Rate 6.64%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Minimum: 60.01 PERCENT Maximum: 70 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.59%, Comparison Rate 6.59%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Lending Rate Type: Variable
Interest Rate: 6.54%, Comparison Rate 6.54%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
Loan Amount
Lending Rate Type: Variable
Interest Rate: 8.19%, Comparison Rate 8.08%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Minimum: 90.01 PERCENT Maximum: PERCENT
Lending Rate Type: Variable
Interest Rate: 7.63%, Comparison Rate 7.64%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Variable
Interest Rate: 7.63%, Comparison Rate 7.42%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Variable
Interest Rate: 7.63%, Comparison Rate 7.08%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Minimum: 60.01 PERCENT Maximum: 70 PERCENT
Lending Rate Type: Variable
Interest Rate: 7.63%, Comparison Rate 7.05%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Lending Rate Type: Variable
Interest Rate: 7.63%, Comparison Rate 7.02%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
Loan Amount
Lending Rate Type: Variable
Interest Rate: 7.99%, Comparison Rate 7.99%
Repayment Type: Principal And Interest
Loan Purpose: Investment
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Minimum: 90.01 PERCENT Maximum: PERCENT
Lending Rate Type: Variable
Interest Rate: 7.99%, Comparison Rate 7.99%
Repayment Type: Principal And Interest
Loan Purpose: Investment
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Variable
Interest Rate: 7.64%, Comparison Rate 7.64%
Repayment Type: Principal And Interest
Loan Purpose: Investment
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.84%, Comparison Rate 6.84%
Repayment Type: Principal And Interest
Loan Purpose: Investment
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Minimum: 60.01 PERCENT Maximum: 70 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.74%, Comparison Rate 6.74%
Repayment Type: Principal And Interest
Loan Purpose: Investment
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Lending Rate Type: Variable
Interest Rate: 6.69%, Comparison Rate 6.69%
Repayment Type: Principal And Interest
Loan Purpose: Investment
Loan Amount
Lending Rate Type: Variable
Interest Rate: 7.98%, Comparison Rate 7.99%
Repayment Type: Interest Only
Loan Purpose: Investment
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Minimum: 90.01 PERCENT Maximum: PERCENT
Lending Rate Type: Variable
Interest Rate: 7.98%, Comparison Rate 7.99%
Repayment Type: Interest Only
Loan Purpose: Investment
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Variable
Interest Rate: 7.79%, Comparison Rate 7.71%
Repayment Type: Interest Only
Loan Purpose: Investment
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Variable
Interest Rate: 7.19%, Comparison Rate 7.00%
Repayment Type: Interest Only
Loan Purpose: Investment
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Minimum: 60.01 PERCENT Maximum: 70 PERCENT
Lending Rate Type: Variable
Interest Rate: 7.09%, Comparison Rate 6.90%
Repayment Type: Interest Only
Loan Purpose: Investment
Loan Amount
Minimum: $50000.00 Maximum: $
Loan-to-Value Ratio (LVR)
Lending Rate Type: Variable
Interest Rate: 7.04%, Comparison Rate 6.85%
Repayment Type: Interest Only
Loan Purpose: Investment
Product Features
Digital BankingAdditional Information: Access using ANZ Internet Banking or ANZ App
RedrawAdditional Information: ANZ Redraw could let you access extra payments you've made to an eligible loan when you need to. You can easily access your redraw funds via ANZ Internet Banking and other convenient ways.
Fraud Protection
Extra Repayments
Guarantor
Cashback OfferAdditional Information: Get $2,000 cashback when borrowing 80% or less of the property value.*
*On eligible loans of $250,000 or more refinanced to ANZ (including any new lending as part of the refinance).
Cashback OfferAdditional Information: If you're buying your first home, you could get $3,000 to spend however you like, plus support from an ANZ First Home Coach. Available to eligible first home buyers with an ANZ home loan of $250,000 or more.
Drawdown within 180 days of applying, bonus paid after settlement. Eligibility criteria and T&Cs apply.
Product Eligibility
Min Age - 18. Additional Information: You must be 18 years of age or older to apply
Residency Status - Australian Citizens, New Zealand Citizens Or Australian Permanent Residents.
OtherAdditional Information: Applicant's primary income is in Australian Dollars
Bank Fees and Charges
Loan Approval Fee (Upfront), Amount: 0.00. Additional Information: We will not charge a Loan Approval Fee/Facility Approval Fee in respect to the establishment of your new loan/facility. Please refer to ANZ Personal Banking General Fees and Charges booklet for further information.
Valuation Administration Fee (Event), Amount: 0.00. Additional Information: We will not charge a Valuation Administration Fee for any valuations we undertake on properties relating to the establishment of your loan/facility. Refer to the ANZ Personal Banking General Fees and Charges booklet for further information.
Guarantee Administration Fee (Event), Amount: 0.00. Additional Information: We will not charge a Guarantee Administration Fee where a guarantee is taken by us for the purpose of securing your loan/facility. Refer to ANZ Personal Banking General Fees and Charges booklet for further information.
Renegotiation Fee (non Credit Critical) (Event), Amount: 0.00. Additional Information: We will not charge a Renegotiation Fee or a further Loan Approval Fee/Facility Approval Fee if we approve an application by you to renegotiate or convert your loan/facility. Refer to ANZ Personal Banking General Fees and Charges booklet for further information.
Late Payment Fee (Event), Amount: 20.00. Additional Information: Charged when a payment remains unpaid for 30 days or more after it is due. A further fee is payable monthly when the loan continues to be in arrears. Refer to ANZ Personal Banking General Fees and Charges booklet for further information.
Progress Payment Fee (Event), Amount: 0.00. Additional Information: We will not charge a Progress Payment Fee for any progressively drawn loans. Refer to ANZ Personal Banking General Fees and Charges booklet for further information.
Lodgement Fee (Event), Amount: 160.00. Additional Information: Payable for each document that ANZ lodges or registers with any person or authority in respect of your loan or any security provided for your loan, where ANZ is required or entitled to lodge or register that document. This fee is not charged on establishment of your loan. Refer to ANZ Personal Banking General Fees and Charges booklet for further information.
Production Fee (Event), Amount: 160.00. Additional Information: Payable for each Certificate or Title or other security document ANZ produces at your request, in connection with your loan. This fee is not charged on establishment of your loan. Refer to ANZ Personal Banking General Fees and Charges booklet for further information.
Settlement Fee (Event), Amount: 160.00. Additional Information: Payable each time that ANZ is required to attend a settlement (or attend to an electronic settlement) in relation to any advance made under your Loan, or in relation to any securities provided or varied in respect of your Loan. The fee is payable on the date of the settlement and is not dependent on the settlement being successful. This fee is not charged on establishment of your loan. Refer to ANZ Personal Banking General Fees and Charges booklet for further information.
Search Fee (Event), Amount: 50.00. Additional Information: Payable each time that ANZ obtains information from governmental or regulatory records in connection with the loan/facility or any security. This fee is not charged on establishment of your loan. Refer to the ANZ Personal Banking General Fees and Charges booklet for further information.
Renegotiation Fee (full Credit Critical) (Event), Amount: 0.00. Additional Information: We will not charge a Renegotiation Fee or a further Loan Approval Fee/Facility Approval Fee if we approve an application by you to renegotiate or convert your loan/facility. Refer to ANZ Personal Banking General Fees and Charges booklet for further information.
Enforcement Expenses (Variable), Amount: Not Listed.. Additional Information: Expenses payable in the event of default. You will be required to pay expenses reasonably incurred by ANZ in enforcing or preserving its rights under your agreement or any security interest provided to ANZ in connection with your agreement. These expenses include those incurred by ANZ in preserving or maintaining property secured, collection expenses and expenses resulting from dishonour of a cheque or payment. Enforcement expenses may be debited in the same way as other fees and charges.
Lenders Mortgage Insurance (Variable), Amount: Not Listed.. Additional Information: Lenders Mortgage Insurance protects your lender in the event that you default on your home loan and there is a 'shortfall'. A shortfall happens when the proceeds from the sale of your home are not enough to cover the outstanding amount you owe to your lender. If your loan with ANZ requires LMI, ANZ will arrange it and will tell you the cost of the premium and any additional information that may be required. You may also be charged stamp duty, depending on the State or Territory where the security property for your loan is located.
Stamp Duty - Mortgage Document (Variable), Amount: Not Listed.. Additional Information: Generally, stamp duty and other fees are normally payable at settlement when purchasing a new property. The amount is determined by the state or territory revenue office.
Stamp Duty - Transfer Land (Variable), Amount: Not Listed.. Additional Information: Generally, stamp duty and other fees are normally payable at settlement when purchasing a new property. The amount is determined by the state or territory revenue office.
Loan Administration Charge (Periodic), Amount: 0.00. Additional Information: We will not charge a monthly Loan Administration Charge for your loan. Refer to ANZ Personal Banking General Fees and Charges booklet for further information.
Other Services (Variable), Amount: Not Listed.. Additional Information: If we deal with, vary or supplement our security documentation to comply with your requirements, we may charge a fee. An estimate of the fee can be provided once your specific requirements have been ascertained. Please refer to ANZ Personal Banking General Fees and Charges booklet for further information.
Limitations & Restrictions (Constraints)
Min Limit of 50000.00 Additional Information: Minimum loan amount is $50,000
