What are the settlement costs with Easy Street, and are there any hidden fees?

Some borrowers have found Easy Street's settlement costs and fees to be less transparent. It's important to ask for a detailed breakdown of all fees upfront to avoid surprises.

How does Easy Street's interest rate compare for a $500,000 loan?

For a $500,000 loan at 6.09% over 30 years, your monthly repayment would be $3,027, with total interest of $589,628. You'll save $134 monthly compared to market rates, totaling $48,094 over the loan term.

Are there any benefits to sticking with Easy Street long-term?

Yes, Easy Street offers a rewards program where you earn loyalty points for every dollar paid towards your home loan. These can be redeemed for rewards like travel vouchers.

Is there any support available for financial planning with Easy Street?

Easy Street provides free financial planning sessions for home loan customers, which include personalized investment and savings advice to help you manage your finances effectively.

What should I know about the LMI with Easy Street?

Easy Street's LMI process can sometimes affect settlement, especially with QBE. It's crucial to clarify LMI terms and conditions with your loan officer to avoid any last-minute issues.

How much can I save by refinancing to Easy Street?

Refinancing a $750,000 loan to Easy Street could save you $200 each month, amounting to $72,141 over the loan term. It's a substantial saving that can make a big difference.

Does Easy Street have any application fees?

No, Easy Street does not charge an application fee, which saves you approximately $600 upfront, enhancing the overall affordability of their home loans.

What are the monthly repayments for a $1,000,000 loan with Easy Street?

For a $1,000,000 loan at 6.09% over 30 years, your monthly repayment would be $6,053, with total interest of $1,179,256. You'll save $267 monthly compared to market rates, totaling $96,188 over the loan term.

Is Easy Street's customer service reliable?

Some borrowers have reported confusing experiences with Easy Street's customer service. It's advisable to document all communications and ask for clarification whenever needed.

UPDATED JUL 7, 2026

Easy Street Home Loans: The 2026 Review

Unlock rewards with every dollar paid and enjoy below-market rates. Watch out for fee transparency issues. Ready to save and earn? Explore your options today!

Bheja Verdict

Very Good

4.0/5

✓

Highly competitive rates across products

✓

Wide range of loan options

Check Eligibility

Easy Street Home Loans At a Glance

🏷️Best Rate Available

5.99%

Variable • Owner Occupied

💳Application Fee

$500

Upfront fee applies

📅Monthly Fee

Ongoing service fee

Loan Range:$50K - $100.0M

LVR:Up to 80%

Products:15 variations

Offset Account:Available

Current Easy Street Home Loan Rates

Last updated: July 2026

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Average Rate: 6.04%
Best Rate: 5.99%
Monthly Payment: $2,995

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STREET SMART VARIABLE HOME LOAN SPECIAL - OWNER-OCCUPIED (Principal and Interest)
Easy Street
Min 20% DepositOffsetRedraw
5.99%
Interest Rate
Variable
6.04%
Comparison Rate*
$2,995
per month
Principal And Interest
Visit lender’s site
Check Eligibility
Fees:
Application
$500+ other fees may apply
STREET SMART VARIABLE HOME LOAN - OWNER-OCCUPIED (Principal and Interest)
Easy Street
Min 20% DepositOffsetRedraw
6.09%
Interest Rate
Variable
6.14%
Comparison Rate*
$3,027
per month
Principal And Interest
Visit lender’s site
Check Eligibility
Fees:
Application
$500+ other fees may apply

Easy Street Product Statistics

Real-time insights and market analysis

Easy Street offers 15 home loan products across 15 variations, the average variable rate is 6.11% p.a., the best available rate is 5.99% p.a..

Average Variable Rate

6.11%

6 products

Average Fixed Rate

6.54%

9 products

Best Available Rate

5.99%

Variable • Owner Occupied • P&I

Total Products

15 variations

Fee Summary

Application Fee

$500

Monthly Fee

Discharge Fee

Late Payment Fee

Key Features

Across Easy Street's range: 15 include an offset account, 15 offer redraw, 15 allow extra repayments, 15 support split loans.

Offset Account

100%

Redraw Facility

100%

Extra Repayments

100%

Split Loan

100%

Product Ranges

Easy Street's interest rates range from 5.99% to 6.84% p.a., maximum LVR from 80% to 80%, loan amounts span $50,000 to $100,000,000.

Interest Rates5.99% — 6.84%

Max LVR80% — 80%

Loan Amount$50K — $100.0M

Disclaimer: The key features displayed highlight what's available across the lender's home loan range. Individual products and variations may differ. Use the product table to search for a loan with the specific features you're looking for.

How Easy Street Compares

FEATURE	Easy Street	Australian Mutual Bank LTD	Fire Service Credit Union	Hume Bank	Newcastle Permanent Building Society
Best Variable Rate	5.99%	5.64%	5.89%	5.99%	5.99%
Best Fixed Rate (3yr)	6.34%	6.14%	—	6.39%	6.39%
Application Fee	$500	$250	$150	$199	$350
Monthly Admin Fee	$0BEST	$0	$0	$0	$0
Offset Account
Redraw Facility
Product Variations	15	182	5	115	109

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Bheja Insight: Easy Street offers offset accounts like most community-owned lenders, helping reduce interest while keeping funds accessible.

About Easy Street

Company overview and contact information

Established in 2004, Easy Street is a community-owned division of Community First Credit Union Limited. Operating exclusively online, Easy Street offers a streamlined approach to home loans, ensuring accessibility and convenience for its customers. As an Authorized Deposit-taking Institution (ADI), it is regulated by APRA and holds both an Australian Financial Services License and an Australian Credit License, ensuring compliance and trustworthiness.

Easy Street provides a diverse range of 13 home loan products with competitive rates from 6.09% to 6.94%. They cater to a variety of borrowers with flexible repayment options and access to redraw and offset accounts. With no ongoing fees, Easy Street appeals to cost-conscious customers seeking straightforward, transparent lending solutions.

What sets Easy Street apart is its unique rewards program, which offers loyalty points for every dollar paid towards the home loan. These points can be redeemed for rewards like travel vouchers, adding extra value to their offerings. Their online-only model ensures efficiency and ease of access, making them a strong contender in the digital lending space.

Company Details

Legal Name: Easy Street

ABN: 80087649938

Established: 2004

Ownership: Division of Community First Credit Union Limited

AFSL: 231204

Parent Company: Community First Credit Union Limited

Key Features

Easy Street offers competitive home loan products with features designed for flexibility and cost savings, including no ongoing fees and access to offset accounts.

Offset Account

Easy Street provides a 100% offset account on select home loans, allowing borrowers to reduce interest by offsetting their loan balance with savings. For example, a $50,000 offset can save approximately $254 per month, translating to $3,048 annually.

Extra Repayments

Borrowers can make unlimited extra repayments on Easy Street loans without penalty, enhancing the ability to pay off the loan faster. However, an Early Repayment Fee may apply if the loan is paid out and closed during the fixed rate term.

Split Loan Functionality

Easy Street allows borrowers to split their home loan into multiple portions, such as fixed and variable rates. This feature provides flexibility in managing interest rate exposure and repayment strategies.

Redraw Facility

A fee-free redraw facility is available on select Easy Street home loans, enabling borrowers to access extra repayments if needed, providing financial flexibility and convenience.

No Ongoing Fees

Easy Street home loans come with no monthly or annual fees, reducing the overall cost of borrowing and making it easier for borrowers to manage their finances.

Interest-Only Periods

Select investment loans offer interest-only periods, providing investors with lower initial repayments and the ability to maximise cash flow during the investment phase.

Online Application Process

Easy Street offers an online application process, allowing borrowers to apply for loans conveniently from home. Secure transmission of bank statements is facilitated through BankStatements.com.au.

Loyalty Rewards Program

Easy Street's rewards program allows borrowers to earn loyalty points for every dollar paid towards their home loan, redeemable for rewards such as travel vouchers, enhancing value for long-term customers.

Fees & Charges

Easy Street offers a transparent fee structure with several waivers for first-time home buyers, ensuring clarity and affordability across their home loan products.

Fee Type

Amount

Description

Home Loan Application Fee

$500

Covers application, one legal, and standard valuation fee for the first application on one security. Waived for first-time home buyers if settled within 60 days.

Copy of Print Statement Fee

$1.50 per page

Charged per page for printed statements.

Early Repayment Fee (ERF)

Refer to loan contract for specific conditions.

Mortgage Default Notice Fee

Charged at cost if applicable.

Special Attendance Fee

Charged at cost if applicable.

Loan Variation Fee

$250

Applies to loan split requests, additional splits, loan top-ups, substitution of security, loan re-fix fee, and loan switches.

Production of Deeds

Charged at cost if applicable.

Monthly Fee

$0/month

No monthly account keeping fees.

Annual Fee

$0/year

No annual package fees.

Fees subject to change. Refer to lender documentation for current rates.

Eligibility Criteria

Easy Street offers home loans to Australian citizens and permanent residents, focusing on accessibility for a wide range of borrowers, including both owner-occupiers and investors.

At least 18 years old

Must be an Australian citizen or permanent resident

Must be a natural person, not a legal entity

Provide current and previous address details

Submit income and employment information

Provide details of assets and debts

Bank statements required for income verification

Maximum Loan-to-Value Ratio (LVR) of 80%

Loan amounts range from $50,000 to $99,999,999

Important Notes

LVR above 80% is not available, limiting options for low-deposit borrowers.
No Lenders Mortgage Insurance (LMI) required due to LVR limits.
Special rewards program available, offering loyalty points for loan repayments.
Limited product range may affect first home buyers' options.

Easy Street Home Loan Pros & Cons

Our expert take on whether Easy Street is right for you

Pros

+Competitive interest rates below market average
+No ongoing fees
+Flexible repayment options
+Access to redraw and offset accounts
+Rewards program for loan payments

Cons

–Confusing customer service experiences
–Poor transparency on settlement costs
–Max LVR of 80% may limit some buyers
–Limited product range

Best For

Borrowers seeking low interest rates
Homeowners interested in flexible repayment options
Individuals looking for online-only services
Customers wanting split loan functionality
Borrowers who value offset accounts

Not Ideal For

First-time home buyers needing high LVR
Customers requiring extensive product variety

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Bheja Verdict: Easy Street offers competitive rates below the market average, making it a strong choice for borrowers seeking cost-effective home loans with flexible features.

Expert Secrets (Why Use Us?)

Insider knowledge about Easy Street that most borrowers don't know

LMI Cost Examples

1At 85% LVR, LMI costs can be substantial, but Easy Street does not offer waivers, emphasizing the importance of a lower LVR.

2For a 90% LVR, borrowers face higher LMI costs, making it crucial to aim for an 80% LVR to avoid these fees.

3At 95% LVR, LMI costs peak, reinforcing the benefit of maintaining an LVR at or below 80% to eliminate these expenses.

Fee Waivers

$500 home loan application fee waived for first-time home buyers if the loan is approved and settled within 60 days.

Offset Benefits

A $10,000 offset saves $51/month ($612/year).

A $25,000 offset saves $127/month ($1,524/year).

A $50,000 offset saves $254/month ($3,048/year).

A $100,000 offset saves $508/month ($6,096/year).

Admin & Logistics (The Help Desk)

Everything you need to manage your loan

Application Process

5 Steps

Contact Easy Street: Call Easy Street at 1300 13 14 65 to initiate the discharge process. Confirm any specific requirements and obtain the necessary forms. (Tip: Call during business hours for faster service: 8am – 8pm weekdays, 8am – 3pm Saturdays.)

Complete Discharge Form: Fill out the discharge form provided by Easy Street. Ensure all details are accurate to avoid delays. (Tip: Double-check your loan account number and personal details before submission.)

Submit Form and Pay Fees: Submit the completed form to Easy Street. Pay any applicable discharge fees as instructed. (Tip: Keep a copy of the form and payment receipt for your records.)

Coordinate with Settlement Agent: If applicable, coordinate with your settlement agent to ensure all parties are aligned for the discharge date. (Tip: Provide your agent with all necessary documents ahead of time.)

Confirm Discharge Completion: Follow up with Easy Street to confirm that the discharge has been processed and completed. (Tip: Request a confirmation letter for your records.)

Processing Times

Discharge Process10-14 business days

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Pro Tips

Request the discharge at least 2 weeks before your intended settlement date to avoid delays.
Negotiate any discharge fees if possible, especially if you have been a long-term customer.
Ensure all your contact details are up-to-date with Easy Street to receive timely updates.
Keep a detailed record of all communications with Easy Street during the discharge process.
Avoid common mistakes by thoroughly reviewing all documents before submission.

Easy Street Mortgage Calculator

Estimate your repayments using current Easy Street home loan rates

Over 30 years, borrowing $480,000 at 5.99%, total cost including interest and known fees could be around $1,035,414. Estimated monthly repayment: $2,874.76.

Home loan option

Property price

Your deposit

Loan term (years)Repayment frequency

Estimated total cost over 30 years

$1,035,414

Estimated repayment

$2,874.76

monthly repayment

Amount you borrow: $480,000 · At 5.99% · Variable — can change with the market

This loan can be split between fixed and variable. This estimate uses one option only.

Known fees in this estimate

Application fee: $500
Document fee: $2
Total ongoing fees (30 yrs): $0

How is this calculated?

Estimated total cost includes the amount borrowed, interest over the full loan term, and any upfront, ongoing, and discharge fees published by the lender. It does not include stamp duty, LMI, or savings from an offset account.

The revert rate is the rate your loan may switch to when a fixed, introductory, or interest-only period ends. Where a lender hasn't published this rate, we use an estimate.

Cost breakdown

Amount you borrow: $480,000
Total interest: $554,913
Upfront fees: $502
Ongoing fees: $0
Estimated total cost: $1,035,414

These figures are estimates only. Your actual repayments and costs may differ. Confirm all details with your lender before making a decision.
Where a lender hasn't published their revert rate (the rate that applies after a fixed, introductory, or interest-only period ends), we estimate it. Your repayments may change when this period ends.
Split loans and offset accounts aren't included in this estimate.
For product comparison and comparison rates, see the rates table above.

Still Unsure? Let a human handle it.

Not sure if Easy Street is right for you? Our brokers can help you compare options.

Frequently Asked Questions

Easy Street doesn't have a specific timeline for loan approval in 2026, but borrowers often report varying experiences. It's a good idea to check in with customer service for updates during your application process.