Refinance now to keep more in your pocket

✓ Apply and get a decision in minutes
✓ Discount your own rate as you pay down your loan
✓ Switch to the #1 digital home loan lender

Get a quote in 5 minsr

Switch to a lender
who gives a buck about you

Check out our home loans with award-winning features that free you.
You’ve got nothing to lose except your mortgage!

Our loans

Our rates

Get a quote

Pay less for your loan

Great rates that stay great
Our award-winning loans have great rates and no fees on Straight Up and Power Up variable loans².

Discount your own rate
Your home loan rate is automatically discounted as you pay down your loan with our Aussie-first AcceleRATES†.

Save for your future
Join thousands of Aussies who could be saving an estimated average $60K over the life of their loans. See how we worked it out**.

Calculate your refinance savingsr

You’re in control from Day One to None

Make changes to your loan
Make changes to your Straight Up or Power Up loan fee-free as your financial goals or situation changes.

Flex your repayment options
Pay via direct debit, from your redraw or offset or via salary crediting. Choose a frequency that suits you – monthly, fortnightly or weekly.

Power Up your loan
Need more features like multi-offsets and split loans? Upgrade to Power Up loan anytime to supercharge your financial journey.

See more Powerr

Unlock equity

Free up money
Access equity in your home quickly and put the extra $$$ towards renos or investments with a refinanced home loan.

Features for freedom
Our Power Up variable loan gives you offsets and splits to supercharge your home loan.

See your equity
Our equity calculator will show you how much usable equity you could access.

Calculate your equityr

Equity calculator animated white background

We'll treat you right

Loyalty is royalty
We put existing customers first. Our Automatic Rate Match gives existing customers the same rates as new customers on like-for-like loans¹.

Aussie-based support
Our Loan Experts are here to help you 5 days a week.

Manage your loan with the Athena App
Your home loan, literally in your hands. We’ve got all the basics covered plus more with our highly-rated app.

Our ultimate home loans 🏡 🏠 🏘

All our award-winning loans have super sharp rates and Aussie based home loan experts to help guide you through application and beyond.

Straight Up ↗

Rates from 6.24%^

No frills or fuss, just an awesome low variable rate with redraw.

✅ No fees²

✅ Redraw

❌ Offset

❌ Multi-offset

❌ Split loans

✅ Aussie loan experts

Find out morer

Power Up ⚡

Rates from 6.39%^

Variable rate with offset & splits for extra flex & saving power.

✅ No fees²

✅ Redraw

✅ Offset

✅ Multi-offset

✅ Split loans

✅ Aussie loan experts

More power pleaser

Interest Only %

Rates from 6.49%
(6.35%^ comparison)

Lower your repayments and free up cash as a short term option.

✅ No fees²

✅ Redraw

✅ Offset

✅ Multi-offset

✅ Split loans

✅ Aussie loan experts

Interested?r

Fixed ⇔

Rates from 6.54%
(6.22%^ comparison)

Lock in more certainty with a fixed rate for 1, 2 or 3 years.

✅ No fees² (excl. break costs)

❌ Redraw⁵

❌ Offset

❌ Multi-offset

✅ Split loans

✅ Aussie loan experts

Let us fix you upr

Straight Up and Power Up rates are variable & comparison^.

Refinancing with Athena is easy

Get a quote in under 5 minutes. No credit checks yet. We only ask for your property and current home loan details.

Calculate your refinance savingsr

Pre qualification savings illustration desktop

Apply

Settle

Save

Apply online and get an Instant Decision

It only takes 15 minutes and you’ll get a decision in 60 seconds.

We’ll let you know what docs to provide. To get a head-start, here’s what you’ll usually need.

Meet our Loan Experts

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

Talk to us about

→ Rolling off a fixed rate
→ Unlocking equity to achieve your goals like a reno or investment property purchase
→ Refinancing to consolidate debt
→ Lowering your repayments with an Interest Only rate

Book appointmentr

Learn more about choosing the right home loan

Principal & Interest vs Interest Only

It’s all about paying it off or putting it off. What is a Principal & Interest home loan?

Read articler

Hacks to pay off your home loan faster

We'll help you pay down your home loan faster with our simple shortcuts.

Read articler

Do you pay less interest if you pay weekly?

Shave thousands and years off your loan by understanding repayment calculations.

Read articler

Our mortgage rates for refinancers

We have two variable home loan options for refinancing your property - Straight Up and Power Up.
If you're after stability for peace of mind, we also offer fixed interest rates.

Our Straight Up rates

Owner Occupied

Investor

Principal & Interest

Interest Only

LVR Tier	Rate	Comparison Rate
0-50% Obliterate	6.24%	6.24%
50-60% Celebrate	6.29%	6.27%
60-70% Evaporate	6.34%	6.31%
70-80% Liberate	6.39%	6.35%

Our Power Up mortgage rates

Owner Occupied

Investor

Principal & Interest

Interest Only

LVR Tier	Rate	Comparison Rate
0-50% Obliterate	6.39%	6.39%
50-60% Celebrate	6.44%	6.42%
60-70% Evaporate	6.49%	6.46%
70-80% Liberate	6.54%	6.50%

FAQs

What’s the process to switch over?

Apply in as little as 15 mins (but take your time). Our loan experts will be in touch.

We'll run the valuation and other bits including ID verification which can take up to a few days.

A transfer request is then sent to your current lender but be warned this is often where delays happen. You may find your current lender’s retention team trying to drag things out for as long as possible. In some cases where the original lender has been reasonable, the transfer process can take around 2- 3 weeks. In some cases, longer.

On average from quote to settlement, it’s taken our existing customers 6 weeks to switch over. It could take shorter or longer depending on your scenario, but we will always keep you in the loop

Am I eligible to refinance to Athena?

The easiest way to find out if you're eligible is to pop in some details here. It'll only take a few minutes.

We believe there's a great loan for every home. If you currently don't meet Athena's criteria, we are confident that our Home Loan Specialists from Athena Select will be able to find you the best deal possible.

Learn more about Athena Select

Which AcceleRATE tier will I be on?

You can find our which AcceleRATE tier you're on by calculating your LVR. To calculate your LVR divide the loan amount (exclude any redraw or offset balance) by the property value and multiply by 100.

For example: If your loan amount is $450,000 and the value of your property is $700,000 your LVR is 60% ($450,000 / $700,000 X 100 = 60%). You will be on the CelebRATE tier.

Note - Your loan amount does not include funds in your redraw.

I want to refinance multiple properties over to Athena

We love that! Switch and you could save even more by bringing all your properties to Athena.

You’ll get a dedicated Home Loan Expert from start to settlement, red-hot investment rates and we’ll be right alongside you through the process.

Submit your first property application and let us know about your other properties and we'll handle the rest!

Can I refinance with equity release?

Want to borrow more from your property’s equity for things like renos or investments? Sure, if it all fits within the loan size and maximum LVR.

Check out our eligibility criteria.

Can I refinance to consolidate debt?

Yes, combine all your debts into your home loan and you could save yourself a whole lot of interest. Genius.

How do valuations work at Athena?

We run valuations for properties after you submit your application free of charge.

How long does it take to switch over?

You could apply in as little as 15 mins (but take your time). Our decisioning engine is super quick to turn things around and supply conditional approval.

We then run the valuation and other bits, including ID verification, which can take up to a few days. Afterwards, we request a transfer from your current lender, but be warned this is often where delays happen. You may find your current lender’s retention team trying to drag things out for as long as possible.

In some cases where the original lender has been reasonable, the transfer process can take around 2- 3 weeks. In some cases, longer. On average, from quote to settlement, it’s taken our existing customers 6 weeks to switch over.

It could take shorter or longer depending on your scenario, but we will always keep you in the loop.

Will I be charge penalty fees by my current lender?

If your loan was settled after 30 June 2011, lenders are not legally allowed to charge an exit fee. That said some lenders still pass on costs (usually called discharge fees) when you jump ship to a better deal. And of course, if you’re on a fixed rate then you will need to check out what the break fee is, remembering it can be chunky depending on the size of your loan and time left.

Check with your current lender what sneaky discharge fees they’ll charge you to leave. You should always make sure your savings are worthwhile against the possible costs. Head over to our calculator to work out your savings.

Our disclaimers

Please take a moment to read our disclaimers, thanks!

Athena's disclaimers

All applications are subject to eligibility and assessment. Government charges may apply.

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.

^** The interest savings 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.

^~ Winner of Finder Home Loan Customer Satisfaction Awards 2023

¹ 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 fees are applicable to Tailored home loans.

² Athena Straight Up and Power Up interest rates comprise of a reference rate for each product purpose and repayment type less an LVR (loan to value) based discount. Athena Tailored interest rates are compromised of the final applicable rate only. You can find our current rates, reference rates and LVR discounts here. Interest rates may change at any time. Athena’s Straight Up and Power Up Home Loan products are able to access the AcceleRATES discount. The interest rate these products have applied is calculated by applying an LVR percentage discount onto the reference rate. If the LVR is exactly 60%, the loan would qualify for the ≤60% LVR tier. If the LVR is exactly 70%, the loan would qualify for the 60-70% LVR tier. LVR is calculated using Loan Amount, which does not include redraw or offset funds and is based off your property value from the approved property valuation at the time you originally applied for the loan. AcceleRATES rewards loan pay down and isn’t intended to vary with your property’s value. We will not generally accept revaluation requests except at our discretion and at cost to the borrower, where the property has materially changed, such as with a major renovation.

³ 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.

⁴ Calculated using the RBA 2024 Bank Fees Report, which found that Australians paid $811 million in 2023 on home loans (RBA January 2024), divided by the number of households with a mortgage (ABS Housing: Census 2021). Your situation may be different.

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