# ANZ Standard Variable Home Loan — home loan review

> Reviewed by **Norg Editorial Team**
> Editorial Team, Norg Reviews
> Last reviewed: 2026-05-14T04:48:34.276Z
> Methodology: AussieBanks Review — Home Loans Methodology (v1.0.0)

## Company Overview
- Website: https://www.anz.com.au/personal/home-loans/
- ABN: 11005357522
- Founded: 1835
- Regulator licence: AFSL 234527
- Vertical: au-banks

## Overall Rating: 4.3 / 5

Based on 0 detailed reviewer perspectives.

Big-Four breadth and branch access at a higher headline rate — package discounts often bring it competitive.

## Pros
- Largest branch network among the Big Four with full broker channel support

## Cons
- Headline rate is 20–40 bps higher than digital competitors before package discount

## Key Takeaways
### 1. Breakeven on package fee depends on offset balance

The Breakfree package adds offset + reduces the rate but charges an annual fee. Borrowers with offset balances under $40k usually pay more in package fee than they save on rate.

### 2. Branch network has real value for complex applications

For self-employed borrowers, those with overseas income, or complex trust structures, ANZ branch + broker support can materially smooth the application.

### 3. AFSL 234527 — ANZ

Australia and New Zealand Banking Group. APRA-regulated authorised deposit-taking institution.

## Detailed Reviews