Athena Home Loans
Athena Home Loans

Investor Principal & Interest

Variable Rate
2.59% p.a.
Comparison Rate*
2.48% p.a.
Compare Now
  • Athena is a direct home loan lender and on a mission to save Australians a whole lot of money by helping them pay down their home loan faster. Through the use of innovative digital technology, Athena is able to offer low rates and flexibility in terms of home loan features and radically simplify the application process.
  • All of Athena's home loans come with the same great features.
  • Best Rates Upfront: No need for haggling because Athena gives you their very best offer right from the get-go, that stays great from Day One until Day None.
  • Automatic Rate-Match: Athena's automatic rate-match means existing customers will always get the same rate as new customers on Athena like-for-like loans. If Athena ever offers new customers with a lower rate for an Athena 'like-for-like loan', then any existing customers who are on it will get the automatic rate-match. It's an Aussie first! A like-for-like loan is the combined purpose, repayment and rate type you have, such as 'Owner Occupier, Principal & Interest Variable Rate' or 'Investor, Interest Only Variable Rate'.
  • Loyalty Bonus: Athena rewards you with a loyalty bonus of 0.01% discount on your rate each year for 5 years just for making your repayments on time.
  • No Athena Fees: No application, ongoing or exit fees.
  • Local Support: Australian-based Home Loan Experts available 7 days a week via phone, SMS and email.
  • Fee-Free Redraw: Available online. Make extra payments into your Redraw and instantly reduce your principal balance and the interest you’re charged by 100% of the amount you put in.
  • Home Loan Hacks: You'll be given personalised hints & tips on how to save money on your home loan and pay it down faster.

Key Features
Loan Type
Variable
Min Loan
Max Loan
$100,000.00
$2,000,000.00
Application Fee
$0.00
Borrow upto
of property value
80%
Ongoing fee
$0.00
Redraw Facility
Offset Account

Loan Details

Loan Type Variable
Security Type ResidentialProperty
Availability Investors
Repayment Options Principal & Interest
Repayment Frequency Weekly, Fortnightly, Monthly
Min Loan Term 2
Max Loan Term 30
Max Loan to Value Ration (LVR) 80%
Max LVR with Mortgage Insurance 80%
Min Loan Amount $100,000.00
Max Loan Amount $2,000,000.00
Interest Rate Notes

Features

Extra Repayments
Loan is Transferable (Portable)
Transfer Fee -
Mortgage Offset Available
Mortgage Offset 100%
Mortgage Offset Rate -%
Redraw Available
Min Redraw Amount $0.00
Max Redraw Amount $0.00
Redraw Fee $0.00
Redraw Notice Period Same business day
Redraw Method Internet
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

Fees

Application Fee $0.00
Legal Fee $0.00
Valuation Fee $0.00
Settlement Fee $0.00
Service Fee $0.00
Exit Fee $0.00
Early Termination Fee N/A

Break Costs

N/A

General Fee Notes:

No Athena fees. No application, exit or ongoing fees.

General Notes:

All of Athena's home loans come with the same great features. Best Rates Upfront: No need for haggling because Athena gives you their very best offer right from the get-go, that stays great from Day One until Day None. Automatic Rate-Match: Athena's automatic rate-match means existing customers will always get the same rate as new customers on Athena like-for-like loans. If Athena ever offers new customers with a lower rate for an Athena 'like-for-like loan', then any existing customers who are on it will get the automatic rate-match. It's an Aussie first! A like-for-like loan is the combined purpose, repayment and rate type you have, such as 'Owner Occupier, Principal & Interest Variable Rate' or 'Investor, Interest Only Variable Rate'. Loyalty Bonus: Athena rewards you with a loyalty bonus of 0.01% discount on your rate each year for 5 years just for making your repayments on time. No Athena Fees: No application, ongoing or exit fees. Local Support: Australian-based Home Loan Experts available 7 days a week via phone, SMS and email. Fee-Free Redraw: Available online. Make extra payments into your Redraw and instantly reduce your principal balance and the interest you’re charged by 100% of the amount you put in.

*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.