Cheapest Home Loans 2012

Cheapest Home Loans Winners 2012

Bank

  1. ING Direct | Mortgage Simplifier
  2. Adelaide Bank | SmartSaver
  3. Macquarie Bank | Classic P&I Variable

Non-Bank

  1. Pacific Mortg Gp | Standard Variable
  2. Loans.com.au | Dream Loan Express
  3. Mortgageport Mgt | Essential

How The Winners Were Chosen

The winners were ranked by the total cost of the loan – the interest cost plus fees – using 50% advertised rate and 50% average 6-month historical rate for a $300,000 loan over 25 years, 75% LVR.

Source: CANSTAR

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