First Home Buyers
Lowest Owner Occupied rates from
1.89%p.a. Variable
1.98%p.a. Comparison*
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.
Economizer 95 Home Loan
3.19% p.a. Variable Rate
3.24%* p.a. Comparison Rate
- Borrow up to 95% LVR
- Owner Occupied
- $0 monthly fees
- $0 annual fees
- Optional 100% Offset
Variable Rate Loans
Save on our new rates!
Our hot Super Saver Variable has $0 ongoing 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
1.89%
p.a. Variable
1.98%*
p.a. Comparison
- Borrow up to 80%
- Unlimited extra repayments
- Full, free redraw
- Borrow up to $1,000,000
Rate Lovers
1.99%
p.a. Variable
2.08%*
p.a. Comparison
- Up to 90% LVR plus LMI
- 100% Offset available
- Full redraw facility
- $0 monthly or annual fees!
- Flexible repayment options
Rate Slasher 90
2.59%
p.a. Variable
2.61%*
p.a. Comparison
- $0 upfront fees!
- Up to 90% LVR plus LMI
- Full redraw facility
- 100% Offset available
- Available for construction
Home Owners Dream Fixed Rate Loans
1 Year Fixed
2.09%
p.a. Fixed 1 year
2.26%*
p.a. Comparison
- Loan splits available
- Offset Account available
- Borrow up to $3.5M
2 Years Fixed
2.39%
p.a. Fixed 2 years
2.29%*
p.a. Comparison
- Loan splits available
- Offset Account available
- Up to 90% LVR plus LMI
3 Years Fixed
2.69%
p.a. Fixed 3 years
2.37%*
p.a. Comparison
- Borrow up to 90% LVR
- Offset account available
- Limited extra repayments
First Home Buyers Guide
Find out more:
-
- First Home Buyer basics
- Finding the right property
- How to get approved for a home loan
- How to win at the auction
- Avoiding common first home buying mistakes
Want to buy, but haven’t found a place yet?
Get your finance pre-approved and be ready to buy.
Apply for a pre-approvalFirst 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.
Investor Rate Lovers
- Variable rate
- Optional offset account
- Full redraw facility
- $0 ongoing fees!
Hot tips for First Home Buyers
CRUNCH THE NUMBERS
Handy home loan calculators
THE REDUCE PROCESS
Launch your loan journey
MORE ABOUT OUR LOANS
See our FAQ for easy answers
