Low interest start home loans - Borrowing

Low interest start home loans

Seeking lower repayment in the first 6 months

Getting into the property market and owning your own home is now easier with an ANZ low interest start home loan featuring an attractive introductory discounted interest rate for the first six months of the loan. An ANZ low interest start home loan may be suitable for customers seeking lower repayments and therefore extra cash in the first six months of their loan, perhaps to help purchase furniture etc. Now could be the perfect time to apply for an ANZ low interest start home loan.

With an Easy start home loan, you can:

Borrow up to 70% of the value of the property
Enjoy a discounted interest rate for the first six months of the loan and a competitive interest rate there after
Enjoy a term of up to 20 years.

All applications for credit are subject to ANZ's credit policy. Terms and conditions available upon application. Fees and charges apply.

To find out more, contact the ANZ Contact centre or get answers to common questions.

Common questions about ANZ Low interest start home loans

Q How much can I borrow?
A How much you can borrow is based on your individual circumstances (such as your income, financial commitments, current savings and credit history). With an ANZ low interest start home loans, you may borrow up to 70% of the value of your property.

Q What documentation do I need?
A You will need to prove your level of income and employment details. Depending on your situation, you will need to show:

A letter confirming employment from your employer or copy of labour contract
Last two years financial statements or tax returns (if self-employed)
Business licences or patents (if self employed)
Evidence of other income
Bank statements
ID card, Family book (not applicable if you're an existing customer)
Red or Pink books
Registration certificate
Sale & Purchase agreement
Rental agreements & proof of ownership.

Q Are there any fees?
A Once your ANZ low interest start home loan application has been approved by ANZ, certain fees will be charged such as a Loan Approval Fee, Valuation Fee to inspect the property and a Notary Public Fee. An early repayment fee may also be charged if the loan is refinanced with another financial institution within the first three years. Ask ANZ for details.