Flexible Home Loan

About Flexible Home Loan

ANZ's Flexible Home Loan combines a floating rate with revolving credit features, letting you use your home loan like a large overdraft facility. Your salary goes in, reducing the balance, and you draw on it as needed for daily expenses — potentially saving thousands in interest over the loan's life.

This product suits disciplined borrowers who can manage their spending without a separate transaction account buffer. It's more expensive than a standard fixed rate, so the interest savings depend entirely on how effectively you keep the balance low. Not ideal for those who prefer structured, predictable repayments.