New Lending Only · Residential

Ocean Easy Refinance

Standard Prime Variable — refinance your home loan and start saving from day one.

5.94

% p.a.

Owner Occupied · ≤ 70% LVR

Comparison rate 6.05% p.a.*

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Why Refinance with Ocean?

Rates from 5.94% p.a.

Competitive variable rates for owner-occupiers and investors, with a 100% offset account included.

No Application Fee

Zero application fee. Straightforward eligibility criteria designed for borrowers with a clear credit history.

Up to $3.5m

Borrow up to $3.5 million for metro and inner-city properties. Cash-out available up to $50,000 or 3% of security value.

Current Rates

Loans up to $3.5m · New lending only

Purpose	Max LVR	Variable Rate	Comparison Rate*
Owner Occupied	≤ 70%	5.94%Best	6.05%
Owner Occupied	≤ 80%	6.04%	6.15%
Investment	≤ 70%	6.24%	6.74%
Investment	≤ 80%	6.34%	6.84%

*Comparison rate based on a $150,000 loan over 25 years P&I. WARNING: This comparison rate applies only to the example given. Different amounts and terms will result in different comparison rates.

Repayment Estimator

Estimate your new monthly repayment — for illustration only.

Loan Amount ($)

Interest Rate (% p.a.)

Loan Term (years)

Estimated monthly repayment

$2,978

This is an estimate only. Actual repayments may vary. Seek professional financial advice before making any decisions.

Product Overview

Minimum Loan

$50,000

Loan Term

5 to 30 years (60 – 360 months)

Maximum Exposure

$10m aggregate per borrower; $3.5m per individual loan

Interest Only

Up to 5 years (+0.40% p.a.); monthly repayments only. Owner Occupied IO limited to 50% of total loan secured against PPR.

Cash Out

Up to $50,000 or 3% of security value (whichever is higher). No cash out on IO loans.

Offset Account

100% offset included with each loan split.

Easy Refinance Eligibility

Refinance rate must be lower than your current rate
12 months good conduct — verified through loan statements
New P&I repayments must be lower than current P&I repayments
Clear credit history required
Minimum loan amount $50,000
Loan term: 5 to 30 years

Unacceptable Postcodes

NSW — 2747 | QLD — 4183

Maximum Loan Amounts

LVR	Metro / Non-Metro	Inner City	Regional
≤ 70%	$3.5m	$3.5m	$3.0m
70.01% – 80%	$3.5m	$3.5m	$2.0m

Click to view full fee schedule.

Legal fees do not cover disbursements, government charges, and funder's contract processing fee. Subject to lending criteria. Other conditions, fees and charges may apply. Information correct as at 23 March 2026.

Get a Free Refinance Assessment

Speak with Atish at Outlook Finance — no obligation, no upfront fees.