Save with an award winning home loan.
6.00%
p.a.
6.04%
P&I Interest rate*
Comparison rate*
Our lowest "live in" Fixed Rate
Super low rates? Check.
Features designed to help pay off your mortgage sooner? Check.
The kind of support you'd expect from a family run company? Check.
Join the family today and experience the Well Money difference.
EXPERIENCE THE DIFFERENCE
p.a.
Let's get started
We're here to help the whole way. Just fill out our enquiry form and we'll be in touch to chat through your home loan requirements!
Join our other happy customers!
NOTE: Minimum loan amount of $200K applies. Above interest rate is for 3 year fixed rate, Comparison rate shown is for 3 year fixed. See comparison rate warning below for calculations.
Well stays by your side from start to finish, whether you’re refinancing an existing mortgage or buying a home. Our award winning mortgages have the kind of features you’d expect from a bank, with the super low rates from an online lender and the personal support you’d expect from a family run company.
An award winning home loan
We don’t wait to reward you with lower rates. Our super-low interest rates save you from day 1! Now you can save even more with the optional offset account attached to your fixed-rate home loan.
Because we are able to source wholesale funds, we pass on the savings as soon as we can and our Fixed Rate home loans offset accounts are safely held in an ADI.
No point waiting to get this amazing rate...
Get more from a fixed rate?
Super low fixed rates can also come with 100% Bank Backed offset accounts!
Fix with a low rate
With our super low fixed rates, you could be saving a lot of money every month by using our lowest rate!
Fixed 2 year:
Fixed 5 year:
6.02%
p.a.
6.19%
P&I Interest rate*
Comparison rate*
p.a.
6.06%
p.a.
6.14%
P&I Interest rate*
Comparison rate*
p.a.
Internet banking
Max. LVR of 80%
The Well Balanced includes:
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.
Feature packed.
Super low rate.
Free online redraw
100% Bank-backed Offset available ($10 p/mth)
Valuation up to $300 free!
Great low rate
Loan Amounts: Min $200K
Unlike other lenders, we don't like to hide our fees in our rates. That's just one of the many reason's why our home loan rates are some of the lowest in the market. We could just bump our rates up a little and say "no fees!" - but that's just not us.
What about fees?
Amounts for the Well Balanced home loan
Application fee:
$250
Well settlement fee:
$0 (normally $250)
Well annual fee:
$0 (unless you want offset which is only $10p/m)
Fees charged by Well
Valuation fee:
Third party settlement fee:
Solicitor document fee:
from $150 (Funder's processing fee)
from $385 (depends on your loan structure, but this is a good estimate of the minimum amount)
Fees charged by Third Parties
$0 (Well home loans will pay up to $300 per loan, any fees above this are paid by the borrower(s))
Government refinance costs:
Note: All fees except for ID fees can be paid from your loan proceeds which results in less out of pocket expenses up front!
approximately $260 - $450 (Varies by state and includes title registration, discharge of mortgage and title search fees)
Government purchasing costs:
Varies by property value (Also varies by state and includes title registration, stamp duty, title and mortgage rego and title search fees)
Identity fee:
from $49 (per applicant at Australia Post or come-to-you ZipID)
Well discharge fee:
$300 (only applies if you're leaving of course)
See what other say about us
Get pre-qualified today
It only takes a few minutes and you'll get your very own personalised borrowing scenario. Free!
Additional information, disclaimers and conditions
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. Different fixed rate terms will result in a different comparison rate and the comparison show on this page relates to the current 1 year fixed rate home loan with an LVR less than 80%. Lending criteria, fees and conditions apply. Rates, fees and conditions are indicative, available for new loans only and subject to change without notice.
Interest rates. (Current as at the following date: July 22nd, 2023)
All information and interest rates referred to on this site are current as at the date above and are subject to change without notice. The interest rates shown apply to new loans only. Fees and charges apply. Please note that existing borrowers may have different rates depending on the offer at the time of settlement and may be based on any increases or reductions in rates from the lender. Existing customers can check their rates by logging into their internet banking or by getting in touch with our customer service team.
Fees and charges
Fees and charges apply to all loan products. Loan setup fees are payable at settlement. Any discounts or special offers apply only to the fees shown on this page and will be outlined in the loan contract.
Any fees that are payable to third parties, such as Solicitor Documentation Fees are incurred by service providers external from your Lender, are variable in nature depending on the services provided and are passed directly to the applicants. These costs are usually noted as "not ascertainable" and quotes provided with "from" are a reasonable estimate of what we know the costs can start from. This amount does NOT include all costs that may be incurred by these third parties.
Other fees may apply, including a Loan Processing Fee charge by Lender and depends on the structure of your loan. While usually "not ascertainable", the fee is from $150 which is a reasonable estimate of the fee and will be advised to you in your loan contracts.
^ Valuation fee - Up to $300 free (Well Money will pay up to $300 per loan, any excess valuation fees are payable by the borrower(s))
Lenders Mortgage Insurance (LMI) may be payable
For loans with an LVR between 80% and 90%, LMI will be required. This premium is to be paid by the borrower and may be payable from loan proceeds.
Credit approval and eligibility
All applications for credit are subject to our credit approval criteria. Any advice on this website does not take into account your objectives, financial situation or needs and you should consider whether the information on this site is appropriate for you. Before making any decision in relation to any of our products you should read the relevant terms and conditions available at the Terms and Conditions page and at our Eligibility page when you apply online.
Repayment Savings calculations
Repayment savings calculations are based on a 30 year home loan. Calculations for comparison between our home loans and other loans are based on the average interest rate across the market as published by mozo.com.au in their home loan statistics (located: https://mozo.com.au/home-loan-statistics). The Average Variable home loan rate for owner-occupiers with a lvr less than 80% was 3.18%p.a. at the time of publishing (August 2021) and is the basis for the estimated repayments for "other lender" in our comparison. Well Money interest rates used are provided at the top of this page and are valid from the date provided in Interest rates disclaimer above.
Flexstar Mortgage Corporation Pty Ltd trading as Well Money
ABN: 30 154 777 152 | Australian Credit Licence 430334
