Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
---|---|---|---|---|---|
6.94% p.a. |
6.28% p.a. |
$0.00 |
$0 |
||
6.69% p.a. |
6.21% p.a. |
$0.00 |
$0 |
||
6.94% p.a. |
6.30% p.a. |
$0.00 |
$0 |
||
6.74% p.a. |
6.24% p.a. |
$0.00 |
$0 |
||
6.94% p.a. |
6.33% p.a. |
$0.00 |
$0 |
||
6.79% p.a. |
6.28% p.a. |
$0.00 |
$0 |
||
6.94% p.a. |
6.62% p.a. |
$0.00 |
$0 |
||
6.64% p.a. |
6.35% p.a. |
$0.00 |
$0 |
||
6.54% p.a. |
6.24% p.a. |
$0.00 |
$0 |
||
6.54% p.a. |
6.23% p.a. |
$0.00 |
$0 |
||
6.59% p.a. |
6.28% p.a. |
$0.00 |
$0 |
||
6.59% p.a. |
6.27% p.a. |
$0.00 |
$0 |
||
6.64% p.a. |
6.33% p.a. |
$0.00 |
$0 |
||
6.64% p.a. |
6.32% p.a. |
$0.00 |
$0 |
||
6.54% p.a. |
6.22% p.a. |
$0.00 |
$0 |
||
6.54% p.a. |
6.40% p.a. |
$0.00 |
$0 |
Athena offers both principal & interest as well as interest-only variable home loans for owner occupiers and investors at ultra competitive low rates. Known collectively as 'AcceleRates', Athena's variable rate offers follow an innovative pricing system where borrowers are automatically rolled onto cheaper rates as they pay down their mortgage and their loan-to-value ratio (LVR) decreases. There are three price brands available: <80% LVR ('Liberate'), <70% LVR ('Evaporate') and <60% LVR ('Celebrate'). On this front, Athena stands out from the rest of competition, even receiving two 2020 Mozo Experts Choice Awards for best New Home Loan and best Home Loan Innovation.
Athena's home loans also come with a range of flexible features, including the ability to make free extra repayments and access a fee-free redraw facility. Just bear in mind that its loans are only available for properties in capital cities or major population centres.
Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
---|---|---|---|---|---|
6.44% p.a. |
6.42% p.a. |
$0.00 |
$0 |
||
6.49% p.a. |
6.46% p.a. |
$0.00 |
$0 |
||
6.54% p.a. |
6.50% p.a. |
$0.00 |
$0 |
||
6.39% p.a. |
6.39% p.a. |
$0.00 |
$0 |
||
6.64% p.a. |
6.55% p.a. |
$0.00 |
$0 |
||
6.29% p.a. |
6.27% p.a. |
$0.00 |
$0 |
||
6.34% p.a. |
6.31% p.a. |
$0.00 |
$0 |
||
6.39% p.a. |
6.35% p.a. |
$0.00 |
$0 |
||
6.24% p.a. |
6.24% p.a. |
$0.00 |
$0 |
||
6.49% p.a. |
6.40% p.a. |
$0.00 |
$0 |
||
6.54% p.a. |
6.52% p.a. |
$0.00 |
$0 |
||
6.59% p.a. |
6.56% p.a. |
$0.00 |
$0 |
||
6.74% p.a. |
6.63% p.a. |
$0.00 |
$0 |
||
6.79% p.a. |
6.69% p.a. |
$0.00 |
$0 |
||
6.69% p.a. |
6.59% p.a. |
$0.00 |
$0 |
||
6.69% p.a. |
6.63% p.a. |
$0.00 |
$0 |
||
6.49% p.a. |
6.49% p.a. |
$0.00 |
$0 |
||
6.39% p.a. |
6.37% p.a. |
$0.00 |
$0 |
||
6.44% p.a. |
6.41% p.a. |
$0.00 |
$0 |
||
6.59% p.a. |
6.48% p.a. |
$0.00 |
$0 |
||
6.64% p.a. |
6.54% p.a. |
$0.00 |
$0 |
||
6.54% p.a. |
6.44% p.a. |
$0.00 |
$0 |
||
6.54% p.a. |
6.48% p.a. |
$0.00 |
$0 |
||
6.34% p.a. |
6.34% p.a. |
$0.00 |
$0 |
The one thing most likely to catch your eye is the super low rates on offer, which put Athena Home Loans among the best value home loans in our database. But how can it offer such low rates? For one thing, it doesn’t have the kind of overhead costs the big banks have, meaning it’s able to pass the savings onto customers. It also receives investment funding directly from the Australian superannuation industry.
One of Athena's unique features is its pricing system where borrowers are rewarded for paying down their mortgage with lower interest rates. As your LVR decreases and dips below 70% and 60%, Athena automatically places you on more competitive rate tiers.
Driving home its commitment to customer satisfaction, Athena's Automatic Rate Match promises existing customers that they'll always get the same rate as new ones on a like for like loan.
One of the big appeals of Athena is how it’s managed to rid home loans of a lot of those pesky upfront and ongoing fees, leaving only a few third party costs to worry about.
Not only is the application process a breeze, but once you’ve been approved you’ll be able to manage your loan easily from your desktop or phone. The Athena Home Hub provides you with access to your loan, overview of your transaction history, and a convenient way to make payments all in one.
Mozo users have rated Athena home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
Increased interest rates higher than RBA rate increase amount which I thought was greedy as rates have been steadily increasing regularly.
Read full reviewIncreased interest rates higher than RBA rate increase amount which I thought was greedy as rates have been steadily increasing regularly.
Refinance or new home loan? Check out Athena Home Loans, I’ve found them to be one of the lowest rates, good customer service and I love the fact they automatically drop our rate every time they lower the rate, no begging them, we are treated like new customers every time! Happy to be contacted for the referral code! Please use my code and we both get $500 off the home loan from Athena.
Read full reviewRefinance or new home loan? Check out Athena Home Loans, I’ve found them to be one of the lowest rates, good customer service and I love the fact they automatically drop our rate every time they lower the rate, no begging them, we are treated like new customers every time! Happy to be contacted for the referral code! Please use my code and we both get $500 off the home loan from Athena.
LessIf you are looking for a new home loan or change home loans to Athena Home Loans then please use ATH-86432 and we both get $500 off the home loan from Athena. I’ve found them to be one of the lowest rates, good customer service and I love the fact they automatically drop our rate every time they lower the rate, no begging them, we are treated like new customers every time! Happy to be contacted for the referral code!
Read full reviewIf you are looking for a new home loan or change home loans to Athena Home Loans then please use ATH-86432 and we both get $500 off the home loan from Athena. I’ve found them to be one of the lowest rates, good customer service and I love the fact they automatically drop our rate every time they lower the rate, no begging them, we are treated like new customers every time! Happy to be contacted for the referral code!
LessBeen with Athena for a year now, have to say they are the perfect lender because they respond to queries in a timely manner, have the lowest rates, pass on low rates to existing customers not just new ones and are constantly improving their services.
Read full reviewBeen with Athena for a year now, have to say they are the perfect lender because they respond to queries in a timely manner, have the lowest rates, pass on low rates to existing customers not just new ones and are constantly improving their services.
They were fast and efficient. I'm not sure they would be the best if you had complex loan needs, but if your ducks are in a row, and you want a low rate with zero fees I strongly recommend athena. I didn't know anyone already with athena when I joined and so I missed out on the referral bonus, but feel free to use my one: ath-99993 between both of us we save $500 off our loan (250 each)
Read full reviewThey were fast and efficient. I'm not sure they would be the best if you had complex loan needs, but if your ducks are in a row, and you want a low rate with zero fees I strongly recommend athena. I didn't know anyone already with athena when I joined and so I missed out on the referral bonus, but feel free to use my one: ath-99993 between both of us we save $500 off our loan (250 each)
Applying for an Athena home loan online could take as little as 15 minutes, but you'll need a few details ready: