First Home Buyers

Lowest Owner Occupied rates from

1.99%p.a. Variable

2.05%p.a. Comparison*

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    SETTLE DOWN IN YOUR FIRST HOME

    Ready to buy your First Home? No doubt, you’re excited to take the first step in achieving the Australian Dream of owning your own home. There’s no other feeling like settling down in your very own home.

    Before you dive in, crunch the numbers or simply give us a call and find how you can achieve a low rate home loan. First Home Buyers can be eligible for the First Home Owner Grant (FHOG). See how much Stamp Duty you could save as a First Home Owner at our Stamp Duty Calculator.

    There’s a lot to consider: Variable or fixed? Invest or live-in? Never fear, Reduce is here to guide you every step of the way.

    First home buyer - Reduce Home Loans

    Variable Rate Loans

     

    Save on our new rates!

    Our hot Super Saver Variable has $0 upfront fees, flexible repayment options and a full, free electronic redraw facility.

    Available for purchases up to 80% LVR, only a minimum 20% deposit on this great rate.

    Super Saver

    1.99%
    p.a. Variable 
    2.05%*
    p.a. Comparison

    • Borrow up to 80%
    • Unlimited extra repayments
    • Full, free redraw
    • Borrow up to $1,000,000
    Apply now

    Rate Lovers

    2.29%
    p.a. Variable 
    2.36%*
    p.a. Comparison

    • Up to 90% LVR plus LMI
    • 100% Offset available
    • Full redraw facility
    • Interest Only repayments available
    MORE

    Rate Slasher 90

    2.49%
    p.a. Variable 
    2.51%*
    p.a. Comparison

    • $0 upfront fees!
    • Up to 90% LVR plus LMI
    • Full redraw facility
    • 100% Offset available
    • Available for construction
    MORE

    Home Owners Dream Fixed Rate Loans

     

    1 Year Fixed

    1.94%
    p.a. Fixed 1 year
    2.71%*
    p.a. Comparison

    • Loan splits available
    • Offset Account available
    • Borrow up to $3.5M
    More

    2 Years Fixed

    1.94%
    p.a. Fixed 2 years 
    2.65%*
    p.a. Comparison

    • Loan splits available
    • Offset Account available
    • Up to 90% LVR plus LMI
    More

    3 Years Fixed

    1.99%
    p.a. Fixed 3 years 
    2.61%*
    p.a. Comparison

    • Up to 90% LVR plus LMI
    • Offset account available
    • Available for construction
    MORE

    Want to buy, but haven’t found a place yet?

    Get your finance pre-approved and be ready to buy.

    Apply for a pre-approval

    First Home Investment

    It’s not uncommon for someone to buy an investment property as their first house. Here’s our most popular loan for keen investors.

    See all of our investment options.

    Calculators

    CRUNCH THE NUMBERS

    Handy home loan calculators

    CALCULATORS
    Take off with the Reduce Process

    THE REDUCE PROCESS

    Launch your loan journey

    Our process
    Lending FAQ

    MORE ABOUT OUR LOANS

    See our FAQ for easy answers

    lending faq