We currently don't have that product, but here are others to consider:
How we picked theseThe Finder Score crunches 7,000 home loans across 120+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.
To provide a Score, we compare like-for-like loans. So if you're comparing the best home loans for cashback, you can see how each home loan stacks up against other home loans with the same borrower type, rate type and repayment type. We also take into consideration the amount of cashback offered when calculating the Score so you can tell if it's really worth it.
Read the full Finder Score breakdown
If you're looking for a honeymoon home loan with an upfront discount you need to make sure that the loan is a good product for you (regardless of the discount) and check that it doesn't have big discharge or switching fees. This could make refinancing more expensive once the honeymoon rate ends.Introductory rate home loans are designed with first home buyers in mind. They offer a low rate of interest for a special promotional period (normally about a year), which helps keep your payments down. It’s not unusual for this low rate to be a whole percentage point below the standard rate.
Once the honeymoon rate period is over, the interest rate reverts to the product’s standard variable rate. If this revert rate is too high, you can consider refinancing to a cheaper home loan. This can take a little time and money, but will save you money in the long run.
Your lender may have another, similar loan product you could switch to instead of refinancing with a completely new lender.
The most attractive feature of a honeymoon loan is of course its low introductory rate, but before you choose your new home loan, consider the different ways you can save interest in the first years of your mortgage.
If you would like to see what effect additional repayments have on your mortgage, check our extra repayment calculator.
Make note of your home loan's honeymoon period. It's usually only for one or two years. Your lender may notify you when the period ends, but they might not. Either way, check your home loan statement or log onto your lender's website and check the new rate your loan is now on. It's likely higher than the honeymoon rate.
Then you should do the following:
No one wants to spend years and years paying off what ends up being mostly interest. Here are several tips on how to pay off your home loan faster.
How much does the average Australian home buyer need to save for a house deposit?
Taking out a home loan can seem like a huge mountain to climb. But when you break it down into these 10 key steps, it becomes much easier.
Home loan cashback deals can help you refinance to a cheaper interest rate and get a lump sum cash payment. Compare the latest deals and check your eligibility today.
Work out how much you need to earn to buy a house in any Australian suburb.
If you're over 55, use this guide to find out how to select the right mortgage for you.
Now that you've paid off your mortgage, find out how to finalise your home loan and where to invest your money next.
Some lenders will approve a home loan even though you’re not receiving a permanent income. However, you’ll need to undergo some assessments.
Most home loans will charge fees of one type or another. Read our guide and learn what you might be in for, rough estimates on how much each fee costs and some methods to avoid them.
Pensioners can have a tough time getting a home loan because each lender treats pension payments differently. Here are some tips you can use to find out whether or not you could get a home loan.
