Reduce your repayments now

⚡️ See how you can reduce your repayments now
⚡️ You could get $10K back in your pocket⁵ with a 12 month IO loan

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Relief calculator mobile
Relief calculator mobile

Flex your cash flow to suit these situations

Even the best budgeters are finding adjusting to a higher rate tough

Give yourself some breathing space with a short term Interest Only loan. It’s the free switch that frees cash.

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The 'life happens!' loan

For parental leave, changing jobs, or any other ‘life' reason, grab yourself some repayment relief with a short term Interest Only loan.

It’s free to switch back to Principal & Interest when you’re ready.

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The right loan for right now

Coming off a fixed rate? Higher rates and prices hurting? Life stuff getting in the way?

Take a look at a short term Interest Only loan. It’s some short and sweet relief.

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A quick win for investors

Maximise cash flow to with an Interest Only loan and pay less per month.

Crunch the numbers with your accountant to see if it’s the right move.

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Stay in control with relief that lasts

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Drop your own rate

We automatically lower your rate the more you pay down your home loan². AcceleRATE your freedom.

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Zero Athena fees

We don’t charge fees¹ on our Straight Up and Power Up loans. Keep more cash in your pocket and save $$.

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Loyalty is Royalty

We always give existing and new customers the same awesome rates for like-for-like³ loans with our Automatic Rate Match.

Learn more about Interest Only


Is an Interest Only home loan right for me?

Making your mortgage repayments as low as possible may seem like a no-brainer.


Principal & Interest vs Interest Only

There’s more than one way to pay off your home loan. Learn which loan option is right for you.


How home loan interest rates work

Setting the record straight on home loan interest rates.

Meet our loan experts

Our friendly local home loan experts are here to answer all your questions, 5 days a week.

Want to chat before you apply online?

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Weekdays 9am-5pm AET

wCall   13 35 35

Join thousands of Aussies taking control
of their mortgage

You’ve got nothing to lose but your home loan!
Take 3 mins to see your loan options including rate and repayments.

Athena acknowledges the traditional owners of the land on which we gather the Gadigal people of the Eora nation. We acknowledge that sovereignty was never ceded and respect their continued and continuing connection to this place.