Compare home loans from 25+ lenders

We've partnered with Lendi*, Australia's #1 online home loan platform, to help Aussies compare home loans and apply online.

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*iSelect is the trading name of iSelect Mortgages Pty Ltd (ABN 86 148 217 181). iSelect Mortgages Pty Ltd is a credit representative (Credit Representative 400540) of Auscred Services Pty Ltd (Australian Credit Licence 442372). iSelect provides a referral to Lendi Pty Ltd, a Credit Representative of Lendi Group Finance Pty Ltd (Australian Credit License 442372). iSelect Mortgages Pty Ltd receives a commission from the Licensee for each new customer account created and for each home loan submitted through this service.

What is a home loan and how does it work?

A home loan is a loan that’s taken out to cover the purchase of a property or land. When you take out a mortgage, you decide how much of the property value you want to borrow and you can generally choose the length of time it will run for.

Easily compare with iSelect & Lendi

Get acquainted

Tell our trusted partner, Lendi, a little about yourself and what you're looking for so you can be matched with the right loan for your specific needs and preferences.

Get fitted

Compare a range of home loan products from over 25+ lenders* online and the Lendi team of home loan specialists are there to answer all your questions.

Get sorted

All the heavy lifting is done for you! Once you've chosen a home loan, Lendi will support and guide you from application through to settlement.

Home loans explained, with Canna Campbell.

Canna Campbell from SugarMamma TV breaks down the essentials of Home loans.

Canna Campbell

Canna Campbell
SugarMamma TV

We’ve partnered with Lendi, Australia's number one online Home Loan Platform

Check out our range of handy home loan calculators

Mortgage Calculator

Our mortgage calculator can help you estimate your loan repayments, based on the loan type, interest rate, and loan term you select.

Stamp Duty Calculator

Stamp Duty fees differ between all states. Thankfully, our simple Stamp Duty calculator allows you to select the state you’re looking to buy in, as well as add your loan details, to estimate Stamp Duty costs.

Refinance Calculator

Looking to refinance your home loan? Our refinancing calculator can help you compare two loans side by side and estimate the potential difference in repayments.

Principal & Interest Calculator

This calculator can help you estimate what your ongoing principal and interest repayments could look like, depending on your loan type, interest rate, and loan term. 

Borrowing Power Calculator

This handy calculator looks at your household income, as well as expenses and any dependents, to estimate your potential home loan borrowing power.

Extra Repayment Calculator

Making extra repayments can be a great way to save on your home loan. Our calculator can help you estimate whether you could lower your overall interest repayments, and shorten your loan term.

First home buyer

I am a first home buyer. What are my options?
Lendi has a number of low rate home loan options suitable for first home buyers. Start comparing and find out if you qualify for a low rate home loan in seconds.

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Refinancing your home loan

Whether you want to reduce your monthly repayments, cut years off your loan, withdraw cash or consolidate debt, Lendi can help you refinance quickly and easily. To find a great rate simply answer a few quick questions.

Start Comparing*

*iSelect is the trading name of iSelect Mortgages Pty Ltd (ABN 86 148 217 181). iSelect Mortgages Pty Ltd is a credit representative (Credit Representative 400540) of Auscred Services Pty Ltd (Australian Credit Licence 442372). iSelect provides a referral to Lendi Pty Ltd, a Credit Representative of Lendi Group Finance Pty Ltd (Australian Credit License 442372). iSelect Mortgages Pty Ltd receives a commission from the Licensee for each new customer account created and for each home loan submitted through this service.

Types of Home Loans

Variable rate home loans

With a variable rate home loan your repayments can increase or decrease in line with fluctuations in the official cash rate. This could mean your payments increase when interest rates are high, but also decrease when they’re low.

Fixed rate home loans

A fixed rate home loan allows you to lock in an interest rate on your loan (generally for 1 to 5 years). One of the benefits of this loan type is that it protects you against interest rate rises, however it also means you won’t benefit from drops in interest rates.

Interest-only home loans

With an interest-only home loan, for an initial set period your repayments will only cover the interest on the amount borrowed (the principal). This means that for this set period, your repayments don’t go towards the amount borrowed, and so it doesn’t reduce.

Refinancing your home loan

Refinancing is a great way to save on your home loan. Compare a range of home loan products to see if you can take advantage of a lower interest rate and save on your monthly repayments.

Your home loans questions, answered

What is a mortgage?

How do home loans work?

What are the different types of home loans that are available?

What is the interest rate on home loans?

How much can I borrow?

How do I calculate home loan repayments?

How do I pay off my mortgage faster?

How much is mortgage insurance?

What does becoming a guarantor involve?

What is the longest home loan term that you can get?

Lendi CEO David Hyman

David Hyman​

CEO, Lendi Group​

David Hyman is the CEO of Lendi Group, the leading branded distributor of home loans in the market, housing both the Lendi, Aussie and Domain Home Loans brands. Over nine years ago, David co-founded Lendi - one of the fastest growing fintech groups globally with a mission to change the way Australians get home loans by disrupting the status quo in the mortgage market using technology.

David's tips for how to save money in the rising interest rate market​

In the current climate with interest rates being passed on in quick order and successively we want people to avoid un-needed mortgage stress, particularly with the rising costs of living. Some homeowners have taken early steps to refinance following the RBA’s cash rate increases during 2022.
 
However, the majority of Australian mortgage holders remain either passive about the interest rate increases or loyal to their current lender. This loyalty is often costing customers money, given the ‘loyalty tax,’ wherein banks and lenders prioritise new business and penalise existing clients. There are significant savings consumers could make by revisiting their loan and challenging lender loyalty.
 
Lendi data1 shows that on average banks are charging new customers rates that are 86 basis points (bps) lower than rates charged to existing customers, while the Big 4 are charging 91bps less for new customers. On a $500,000 loan, lender loyalty means mortgage holders could be missing out on very significant savings, approximately $70,000 over the life of the loan ($238 per month), increasing to $106,000 ($357 per month) on a $750,000 loan, and saving up to $140,000 ($475 per month) on a $1,000,000 loan.
 
This data shows all Australians with a mortgage should be actively interrogating their loan, seeking alternative options and taking action to help manage the increasing costs of living. The rising cash rate should be a strong impetus for borrowers to act now and start the refinance conversation, and in turn save on their lender loyalty tax. Homeowners can also calculate their potential savings by using Lendi’s free online repayment calculators.
 
For homeowners considering their options, reaching out to a local mortgage broker is a great place to start. Brokers are experts in finding and securing competitive rates and offering a personalised approach to meet their client’s needs.

1 Sourced from home loan calculators across 28 lenders on the Lendi platform.

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*iSelect is the trading name of iSelect Mortgages Pty Ltd (ABN 86 148 217 181). iSelect Mortgages Pty Ltd is a credit representative (Credit Representative 400540) of Auscred Services Pty Ltd (Australian Credit Licence 442372). iSelect provides a referral to Lendi Pty Ltd, a Credit Representative of Lendi Group Finance Pty Ltd (Australian Credit License 442372). iSelect Mortgages Pty Ltd receives a commission from the Licensee for each new customer account created and for each home loan submitted through this service.

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