ANZ Simplicity PLUS P&I

Variable Rate
3.74% p.a.
Comparison Rate*
3.78% p.a.
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  • Winner: Editor's Choice, Basic variable loan, Your Mortgage magazine, December 2008.
  • Offers a low variable interest rate for the life of your loan. You don’t pay for any extra features you don't need and you can make additional repayments at any time to help you pay off your loan sooner.
  • Access any additional loan repayments that you may have made with the redraw facility.
  • No Application Fee for First Home Buyers.

Key Features
Loan Type
Min Loan
Max Loan
Application Fee
Borrow upto
of property value
Ongoing fee
Redraw Facility
Offset Account

Loan Details

Loan Type Basic
Security Type ResidentialProperty
Availability Owner Occupiers
Repayment Options Principal & Interest
Repayment Frequency Weekly, Fortnightly, Monthly
Min Loan Term 0
Max Loan Term 30
Max Loan to Value Ration (LVR) 80%
Max LVR with Mortgage Insurance 95%
Min Loan Amount $50,000.00
Max Loan Amount $1,000,000.00
Interest Rate Notes


Extra Repayments
Loan is Transferable (Portable)
Transfer Fee $0.00
Mortgage Offset Available
Mortgage Offset 100%
Mortgage Offset Rate 0%
Redraw Available
Min Redraw Amount $2,000.00
Max Redraw Amount -
Redraw Fee $0.00
Redraw Notice Period
Redraw Method
Redraw Notes & Comments

Split Account

Split Available
Max No. of Accounts for Split n/a
Separate Statements for Split
Statement Frequency
Fixed Option
Fee for Fixing n/a


Application Fee $0.00
Legal Fee $0.00
Valuation Fee $0.00
Settlement Fee $0.00
Service Fee $0.00
Exit Fee $160.00
Early Termination Fee

Break Costs

General Fee Notes:

Take out a Simplicity PLUS Home Loan of $50,000 or more in new to ANZ lending and save 0.06% p.a. off the advertised Standard Simplicity Plus interest rate. ANZ will also waive the Loan Approval Fee and any Renegotiation fee upon request! See for product details, Terms and Conditions. Offers can be withdrawn or changed at any time.

General Notes:

*The comparison rates in this table are based on a secured loan amount of $150,000 and a term of 25 years. WARNING: These comparison rates apply 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 costs savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Comparison rates are not calculated for revolving credit products.