The package offers a 0.7 per cent discount off the bank's standard fixed home loan rate. A new deal offered by ANZ will offer a one-year home loan rate of 3.75 per cent - but there's a catch. The fixed rate discount would mean a one-year rate of 3.75 per cent at today's prices, compared to a standard rate of 4.45 per cent. It is also advertising a special one-year rate of 3.99 per cent, but that is only available to people who have at least 20 per cent deposit. "A Healthy Home Loan package on the average home will save a customer another $500 a year or so in interest costs.

Source: Stuff April 11, 2019 18:00 UTC