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We don't charge any fees
Unlike greedy lenders, we don’t charge you fees for being a customer. No application fees. No ongoing fees. No discharge fees.

"...average cost of upfront fees alone is $686^"
Athena charges zero home loan fees on our Straight Up and Power Up loans. Because we want you to pay it down faster.


Application fees


Monthly fees


Annual fees


Redraw fees


Offset fees


Discharge fees


Valuation costs


Settlement costs
A heads up on other costs
Third party charges that may pop up when applying for a home loan.
Government refinance costs
These include title registration, discharge of mortgage and title search fees and vary by state in the range of $260 - $440.
Your current lender
You may want to check with your current lender if there are any discharge fees or other costs associated with leaving them.
Government charges
This includes transfer (stamp) duty and government charges. We'll provide you an estimate when you go through our Quick Quote tool, however you should refer to your Revenue Office for your State or Territory for further information as these costs can be significant.
Other buying costs to consider
You may need to consider conveyancing or solicitor costs, building inspections or reports. Generally, set aside about $2,000 - $2,500 for these
We don’t charge fees. But there is a cost to us that we may pass on if a fixed loan is broken. That’s because we borrow money and enter a financial contract on your behalf for a fixed rate period. If that loan is repaid early, changed or ended before the end of the fixed rate period, we may incur break costs. The factors which influence the break costs are the movement of the interest rates, the amount of time left on the loan and the size of the loan amount.
See more on hidden fees

Five ways your mortgage can sting you
Here are the worst stings to look out for when you’re shopping for a home loan to make sure you don’t get stung!

Avoid the hidden tax costing Aussies billions
Ever noticed that new customers get better rates than you? It’s called the “loyalty tax” and it’s a big deal.

‘Loyalty Penalty’ is costing Aussies $2b per year
Our study reveals the scale of the problem and how unfair Aussie homeowners feel the practice is.
* Discussions with an Athena Investor Concierge does not constitute personalised financial advice; for comprehensive advice, consult a licensed financial advisor.
All applications are subject to eligibility and assessment. Government charges may apply.
¹ Automatic Rate Match. Applies to Athena's Straight Up and Power Up Home Loan products and excludes all others. A like-for-like loan means the product name (e.g., Straight Up) and LVR tier (e.g., ≤50%, 50-60%, 60-70%, or 70-80%) advertised to new customers must be the same product name and the same LVR tier that you have as an existing customer. The way we construct and name products may include a combination of the loan’s purpose (e.g., Owner, Investor), repayment type (e.g., P&I, IO), interest type (e.g., variable), borrower type, different features, or specific qualification criteria. However, none of these criteria will be designed to favour new customers over existing customers. If we ever offer new customers a lower rate on a like-for-like loan, anyone who’s on it will get the Automatic Rate Match.
² We don’t charge you any Athena fees for being a customer with our Straight Up and Power Up home loans, however government charges or break costs may apply when changes are made to your Fixed Loan.
†Athena interest rates comprise of a reference rate for each product purpose and repayment type less a LVR (loan to value) based discount. You can find our current reference rates and LVR discounts here. Interest rates may change at any time. The applicable interest rate will be the advertised rate on the day of settlement for new loans or the day of processing for variations to existing loans.
The standard rate for your product is the reference rate. It is a base rate in our systems that is associated with each different loan product and is the same for every customer on that product type. The interest rate you are charged is calculated by your LVR discount from your reference rate. If your LVR is exactly 60%, you would qualify for the ≤60% LVR tier. If your LVR is exactly 70%, you would qualify for the 60-70% LVR tier. LVR is calculated using Loan Amount, which does not include redraw or offset funds and based off your property value from the approved property valuation at the time you originally applied for the loan.
The LVR discount AcceleRATES, is a percentage discount applied to your product's reference rate, in order to determine your final interest rate. Applies to Athena's Straight Up and Power Up Home Loan products and excludes all others. LVR discounts reward you for reducing your loan amount, and are not intended to vary as the property market changes over the life of the loan. We will not generally accept requests to revalue the mortgaged property over the life of the loan for the purpose of determining the security value unless the value of the mortgaged property has materially changed, such as a major renovation of the mortgaged property. Any revaluations will be at our full discretion and we will pass on the costs of any valuation that you request.
ᶺ Comparison rate calculated on a $150,000 secured loan over a 25 year term. WARNING: Comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rates for Fixed rate loans are based on a Straight Up revert rate. Comparison rates for variable interest only loans are based on an initial 5-year interest only period. Comparison rates for fixed Interest Only loans are based on an initial interest only period equal in length to the fixed period. During an Interest Only period, your Interest Only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan.
^^ Subject to a credit assessment
** The interest savings calculation estimate is based on average savings of actual customers who have refinanced to Athena's Classic, Straight Up, and Power Up products since launch. It is a modelled estimate and does not predict actual future savings. Assumptions like interest rates and borrower behaviour may change over the loan's life, impacting the estimated savings. Fluctuations in interest rates are not considered. The current interest rate environment may differ from historical trends, affecting actual savings. Fees from the existing lender are not included. The estimate assumes the same loan terms and timely repayments. Individual situations vary, so seek professional advice before making financial decisions.
The Canstar 2020 Innovation Excellence Award was received in March, 2020 for the Automatic Rate Match product. The Canstar 5 Star Rating for Outstanding Value Home Loans was awarded in March, 2020 for the Investment Variable Home Loan product.