Prices have peaked.  Loans are low. Now’s the time to take the property plunge or jump ship to a better home loan, we reckon.

And to help you, Easy Street has been busy reviewing the best value home loans on the market so they can bring you an exceptionally priced home loan.

The result? A home loan that could shave more than $100,000 off an average sized mortgage simply by switching your home loan and maintaining the higher repayment on the new loan.

A common home loan amount here at Easy Street financial Services is $450,000. Our clients often come to us to get advice on how to save because they are currently paying up to 4.40%p.a. on their home loan.

The good news for first home buyers and those upgrading is we’ve just launched a special variable home loan for the house you live in with an interest rate of 3.49%p.a.* (3.52%p.a. comparison rate**).  And no, it’s not your typical restrictive low-rate loan.

It has:

  • No monthly or annual fees
  • Redraw is free
  • No early repayment penalty
  • 100% offset account attached for your savings
  • Borrow up to 95% of the purchase price (with lenders mortgage insurance)

Using our average loan size and typical rate, this new product could represent a saving of 0.91% p.a. or $226 per month. That’s a whopping saving of $67,614 over a 25 year loan!^


With $2,712 freed up each year to help your budget, consider what impact this could have on your lifestyle.

You could, for instance:

  • Pay down that credit card debt you never seem to get on top of?  
  • Put the savings towards school fees.
  • How about a family holiday?
  • Or how about this: if the savings cover half your car loan, it would feel like getting your car for half price. Now that’s a nice saving.


But the smartest idea, in our view, is to pay off your home loan sooner.  Maintain your higher loan repayments on the new loan.

After all, the excess will be available to redraw, if you need it. If you did this, you’d shave an extra $34,029 and 3 years, and 5 months off your mortgage.

Add up both the savings we’ve worked out and you’re looking at a saving of over $100,000!

So the next time you put off reviewing your mortgage, think how long it would take you to earn that kind of money and pay it off your home loan.

To find out more about Easy Street’s home loan offer, click here

Offer Terms and Conditions: All lending subject to lending guidelines. Terms and conditions, fees and charges apply – details available on application. *Interest rate is current as at 14/3/18 and is subject to change. **Comparison rate calculated on a loan amount of $150,000 over a loan term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Offer is for applications made by 30/5/18. Offer can be withdrawn at any time. Offer is available on the Easy Street Standard Variable home loan for new money applications, owner-occupied principal and interest loans, maximum LVR of 95% (lenders mortgage insurance required for LVR over 80%). Minimum loan size is $100,000. ^Savings is an estimate only based on current averages and interest rates, and does not take into account future fluctuations. This does not take in to account your objectives, financial situation or needs (“your personal circumstances”) Before deciding whether to buy any product you should consider your personal circumstances. Community First Credit Union Limited ABN 80 087 649 938, AFSL/Australian credit licence 231204.  

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