Home loans for your situation - Wizard Home Loans

Buying your first home is exciting, but complex. Wizard can make it easier by helping you through the steps, and by assisting you with government programs like the First Home Owner Grant scheme.

We also have the tools to answer that all-important question, "how much can I borrow?".

Wizard offers a number of products to help potential first home buyers break into the property market sooner. In some circumstances, borrowers are able to borrow up to 100% of the property value and buy their first home without having to save a deposit in advance.

Things to do next

Apply online for a Wizard home loan
Make an appointment with a lending manager
Contact us to ask a question

Click on the product names below to find out more about our Wizard loans that may suit when buying your first home.

Loan

Rate
p.a. from

Comp
Rate*

Key Features

Total
Fees

Monthly
Fees

Clear Value

8.96%

9.01%

Flexible features with a leading variable interest rate & option to fix

$760

$0.00

Fastdoc 70 Loan

9.94%

10.00%

Self-employed applicants with less than two years trading experience

$895

$0.00

Fastdoc Plus Loan

9.74%

9.80%

Self-employed applicants with two or more years trading experience

$895

$0.00

Rate Breaker Loan

8.13%

8.17%

Recognised as one of Australia's cheapest variable rate loans

$760

$0.00

Smart Choice Loan

9.54%
9.29%
9.49%
9.79%

9.59%
9.53%
9.57%
9.71%

Competitive variable and fixed rates with premium features

$760

$0.00

Interest rates last updated Friday, 22 August 2008

= variable rate

= fixed rate

The actual rate is determined when the loan is settled.

*The Comparison (Comp.) Rate is calculated on the basis of a loan of $200,000 over a term of twenty-five years.
View full Comparison Rate schedule.

Warning: This comparison rate applies only to the examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Deciding on the property that's right for you

What happens after your loan is approved

Tips on house and land packages

Close that deal! Contracts, conveyancing & more

Steps to your first home

Defer payments with Wizard's Pregnant Pause

First Home Owner Grant Scheme

FREE budget planning software