PURCHASING YOUR HOME

Home’s not a place…It’s a feeling.

We’re here to help for the whole home buying journey.  With helpful guides and Australian based experts conveniently located just a phone call away, the Well product range is ideally suited for those looking to buy a home.  Whether it’s for owner occupiers or investors, you’ll be sure to find a great low rate with us.

Lowest rates start from:

2.19%

interest rate p.a.

2.44%

comparison rate p.a.*

Note: Lowest rate shown is our Well Balanced 1-3 year fixed option

Great options no matter how much of a deposit you have:

  • Great low rate

  • 100% Offset available

  • Other options to 90% LVR

  • Extra repayments allowed

Get started
Illustration of a lady jumping for joy in front of a newly purchased house

Things to consider when buying property

For most of us, buying property isn’t something that we do all that often.  It’s an exciting time once you’ve made the decision to become a home owner and we’re here to make the experience a lot less intimidating.

Most popular rates for purchasing

We don’t wait to reward you with lower rates. Our super low interest rates save you from day 1!

No gimmicks, no pro-packs stuffed with features you don’t want but need to take, no unfair loyalty systems.  Just great features, at a great rate.

VARIABLE – P&I “Live in owner-occ”

Owner occupied rates from:

2.19%

interest rate p.a.

2.44%

comparison rate p.a.

Designed to help you own your home sooner.

Owner occupier rates
VARIABLE – P&I “Investor”

Investment rates from:

2.19%

interest rate p.a.

2.19%

comparison rate p.a.

Keep more rental revenue in your own pocket.

Investor rates

Getting started with buying property

Once you’ve decided that you want to buy a home, the journey from that point on is one of the most exciting ones that you’ll go on.

It’s also one of the biggest financial decisions of most Australian’s lives. There’s a lot to consider when purchasing a home, and Well helps to make this journey easier.

Get a budget in place

If you haven’t already done this, go and create a budget. There’s so many apps out there that this should be something that every Australian does. Once you’ve got this in place, you’ll know straight away how much those mortgage repayments are going to affect your current lifestyle.

Learn what you can afford

It’s important to remember – just because you can borrow something, doesn’t mean that you should. Always get to know what your borrowing capacity is – what the maximum a lender will actually lend based on your finances. Sometimes, this can be higher than what you need, but with your budget in place you’ll know exactly what’s going to be manageable for you. A WellCheck will help you get your personalised scenario in a little as a few minutes.

Know the costs of buying a home

A lot of people don’t realise the additional costs of buying a home. The costs don’t stop with the amount that you pay for your dream home. There’s also a number of government fees that are required to be paid along with your own fees in getting legal advice and even just that thank-you gift for getting your friends to help you move. Well makes this transparent the whole way through your interview so that you know exactly what you’re getting into.

Finding your property

Once you have considered all of the above, you’re probably ready to start looking for that dream home. We recommend using alerts to let you know when something in your price range and ideal locations becomes available so that you can start inspecting. We recommend using homely.com.au for your property search needs.

Low rate options for purchasing property

The Well Balanced home loan is an award winning product that’s designed to be flexible.  It comes with great features that you can choose if you need it, without sacrificing our super low rate.

With both Variable and Fixed rate options, there’s sure to be a product option to suit you.

Well Balancedunder 80 Well Balancedstandard
Interest rate 2.47%p.a. 2.67%p.a.
Comparison rate* 2.50%p.a. 2.70%p.a.
Maximum LVR 80% 90%
Loan amounts (min/max) $200,000 - $2mil $200,000 - $2mil
100% offset available
(for just $10p/m)
Redraw facility
Additional repayments
Fees and charges View fees and charges View fees and charges
Well Balancedunder 80 Well Balancedstandard
Interest rate 2.82%p.a. 2.82%p.a.
Comparison rate* 2.85%p.a. 2.85%p.a.
Maximum LVR 80% 90%
Loan amounts (min/max) $200,000 - $2mil $200,000 - $2mil
100% offset available
(for just $10p/m)
Redraw facility
Additional repayments
Fees and charges View fees and charges View fees and charges

NOTE: LMI Premium is payable for all loans over 80% LVR.  Max. LVR’s include Capitalising LMI Premiums into your loan.

Low rate options for purchasing property

The Well Balanced home loan is an award winning product that’s designed to be flexible.  It comes with great features that you can choose if you need it, without sacrificing our super low rate.

With both Variable and Fixed rate options, there’s sure to be a product option to suit you.

Our “Live-in” rates

NOTE: LMI Premium is payable for all loans over 80% LVR.  Max. LVR’s include Capitalising LMI Premiums into your loan.

Investment rates

NOTE: LMI Premium is payable for all loans over 80% LVR.  Max. LVR’s include Capitalising LMI Premiums into your loan.

LET’S GET STARTED

Get pre-qualified today

Most other lenders have fairly rigid eligibility criteria and if you don’t fit the mold, then you don’t fit the loan.

Getting prequalified with Well means there’s no upfront credit reports and you can walk away with answers that you need.

Start my prequalify
Get prequalified on your home loan with a WellCheck

Personalise your lending scenario right now

When looking at your home loan options, it’s important to get the numbers right.  Start your WellCheck today, the fast and simple way to get your personalised borrowing scenario in less than 60 seconds.

No more waiting to speak to someone about your scenario.  Your dream home could be gone while you wait. WellCheck is your personalised solution day or night to work out exactly what you can get with a Well Home Loan.

Anytime, anywhere

Get personal at an open inspection or from the comfort of home.

Personalised rate

Seeing a headline rate is nice; a rate that’s personalised to you is nicer.

Crunch the numbers

Work out your Maximum Borrowing potential and see how much your loan repayments might be.

No credit check

Find the answers you need without having to go through a full application. WellCheck doesn’t impact your credit score at all!

Start my WellCheck

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Disclaimers and things you should know

* Comparison rate warning

The comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Lending criteria, fees and conditions apply. Rates, fees and conditions are indicative, available for new loans only and subject to change without notice.

What is a comparison rate?
Interest rates

Interest rates current as at the following date: 11th May 2020 Interest rates are subject to change at any time without notice. The actual interest rate on your home loan will be quoted at the time of settlement along with the actual repayment amounts. Interest Rates may change between the time of your application and settlement of your loan due to market conditions. Interest rates for existing customers may not be the same as interest rates for new customers. If you have paid a Rate Lock Fee, the rate provided will be listed on your letter of offer and will take effect upon acceptance and payment of the rate lock fee.