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Home Loans

ANZ Residential Investment Land Loan print this page email to a friend
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The ANZ Residential Investment Land Loan allows you to purchase land on which you intend to build a home within 12 months. When you are ready to build, ANZ can help you finance this with any one of our award winning Residential Investment Loans.

This loan offers a competitive variable rate with flexible features, allowing you to start paying off your loan while you plan your investment property.

Standard Features
 Interest Rate 9.47% p.a.         Other Interest Rates
 Magnifying GlassComparison Rate™ * 9.56% p.a.
 Loan term You must build your home within the first 12 months. Repayments over 30 years
 Minimum amount $20,000
 Maximum amount 90% of the valuation of the security property
 Lenders Mortgage  Insurance Required if amount borrowed is more than 80% of the valuation of the security property
Key Features
 Repay loan early Yes – you have the freedom to repay your loan in full at any time. Fees and charges may apply (PDF, 388kb).
 Make additional  repayments Yes – the ability to make extra repayments at any time means you can pay off your loan faster and save interest
 Loan Administration  Charge Yes
 100% Mortgage Offset Yes – this mortgage offset account makes the most of your available funds to reduce interest costs and shorten the term of your loan:
 Redraw facility Yes – Redraw allows you to access any additional loan payments you have made
 Ability to split loan Yes – Find out more
 Interest only payments Yes – up to 1 year
Minimise your repayments and free up cash by paying interest only
 Reduced fees on  personal transaction  account** Yes – you will not pay account servicing fees or additional withdrawal fees on your linked ANZ Access Advantage account
Fees, Charges and Discounts
 Loan Approval Fee
 (LAF)		 $500
A Valuation Administration Fee may apply (PDF, 388kb).
 Discounts Yes – on your Loan Approval Fee (maximum $100):

At least one of the following = $100 discount:

  • Periodical Payment from an ANZ account for loan repayment, or
  • salary credited to an ANZ account, or
  • ANZ credit card holder.

Purchase one of the following insurance products = $100 discount:

  • ANZ Mortgage Protection Insurance, or
  • ANZ Home Insurance, or
  • ANZ Residential Investment Property Insurance.
 Redraw fee Nil redraw fee, $2,000 minimum redraw (additional conditions apply)
 Converting or  renegotiating Find out more
View other fact sheets
Variable Rate
Fixed Rate
Interest in Advance
Simplicity PLUS
Supplementary Loan
Land Loan

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* Comparison Rate calculated on a loan amount $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only.

** Non-ANZ ATM Fees apply, salary must be deposited to the account to obtain the waiver.

*** An additional discount margin of 0.10% p.a. is a special offer applicable to Money Saver applications submitted on or after 26 February 2007 and applies for a limited time only and is subject to change.

WARNING: This Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.

A copy of the Comparison Rate Schedule is available at any ANZ branch or view it online ANZ Comparison Rate Schedule (PDF, 36kb).

Terms and conditions available on application. Fees and charges apply.

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