Lower Your Monthly Payments With Interest-Only Home Loans

  • Reduce your monthly mortgage payments during the interest-only period.
  • Use the extra cash flow for investments, renovations or other financial priorities.
  • Enjoy greater financial flexibility when managing expenses or transitioning between properties.
  • *T&C apply

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How Much Could You Save

Details Interest Only Principal & Interest
Loan Term 5 years 30 years
Loan Amount $800,000 $800,000
Interest Rate 5.5% 5.5%
Interest Paid $3,667 $4,542
Savings $875 $0

You could save $10,500 each year, which is $875 each month during the interest-only period.


It’s important to consider:

  • Repayments will increase once the interest-only period ends, as it will switch to Principal & Interest.
  • Some lenders have stricter eligibility criteria for interest-only loans.
  • There is a risk of negative equity since you’re not paying down the principal.
  • More interest is paid over the loan’s life because the principal remains unchanged during the interest-only period.
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Interest Only Loans Are Great For

Property Investors

  • Maximise cash flow to fund your next investment
  • Reduce tax liabilities with negative gearing
  • Finance property improvements to increase rental yield or value

Home Builders

  • Manage costs during construction
  • Lower repayments during the building phase
  • Get flexible repayment options

If you’re experiencing financial hardship, switching to an interest-only payment can help lower your monthly obligations and help you regain your financial footing.


Why Choose Home Loan Experts?

  • High Borrowing Power:

    Borrow up to 95% of the property value for owner-occupied or investment properties

  • Flexible Terms:

    Interest-only periods for up to 10 years with the possibility to extend based on your circumstances

  • Competitive Rates:

    Get access to lenders with minimal or no rate premium for interest-only loans

  • Extra Features:

    Choose to include options like offset accounts and additional repayments to manage your loan.

Hear From Our Customers

Home Loan Experts reviewer
A. H. testimonial-review-star

Better rate for an investment interest only loanI reached out to the team via email requesting a better rate for an investment interest only loan. David not only managed to get me a better rate with the same lender within 2 days of my email, he also checked if I could get a better rate for my other loans.

Home Loan Experts reviewer
Marion testimonial-review-star

Great service! Home Loan Experts don’t only get you the home loan, they monitor your interest rate and negotiate a lower rate with the bank. Great service!

Home Loan Experts reviewer
RobynMcDougall testimonial-review-star

Even now, 4 years after we bought our home, Home Loan Experts still assist us in keeping our interest rate low and checking we are still getting the best deal. I highly recommend using Home Loan Experts!

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4.9 out of 2,000+ reviews

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4.8 out of 430+ reviews

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4.8 out of 940+ reviews

Award-Winning Expertise At Your Service

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Ready to Save on Your Mortgage?

Our mortgage experts will find you the right interest-only loan for your situation.

  • Start With A Free Assessment

    Complete our online assessment form to see if you qualify for an interest-only loan. Call us on 1300 889 743 to speak with an expert today.

  • Understand your situation.

    One of our mortgage experts will contact you to assess your situation better.

  • Get The Right Interest-Only Loan

    We’ll get you the right interest-only loan that offers the flexibility of lower repayments.