Compare Home Loan Rates
Today's featured Home Loans
Lowest comparison rate for your filters
Enjoy the security of a fixed rate for 1 year
Lowest comparison rate for your filters
Comparing 760 owner-occupied home loans
70 membership-required and 2 SMSF products hidden from this list.
Borrowing $500,000 over 30 years at the lowest advertised shown:
- Monthly repayment from
- $2,947/mo
- Total repaid
- $1,060,745
- Total interest
- $560,745
Estimate only, based on the lowest advertised interest rate shown and assuming equal monthly repayments. Actual repayments depend on your rate, fees and loan terms.
| Product | Actions | ||||||
|---|---|---|---|---|---|---|---|
 | Advertised rate6.44% | Comparison rate6.50% | Monthly repayment$3,141/mo | Fixed 1 yearOwner-occupiedPrincipal & interestFeatures: Extra repayments | |||
 | Advertised rate6.45% | Comparison rate6.64% | Monthly repayment$3,144/mo | Fixed 1 yearOwner-occupiedPrincipal & interestFeatures: Extra repayments | |||
 | Advertised rate6.45% | Comparison rate6.50% | Monthly repayment$3,144/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | A basic variable home loan for owner occupiers with a maximum LVR of 95%, that includes redraw, a competitive rate and other flexible features to help you pay your loan off sooner. | ||
 | Advertised rate6.45% | Comparison rate6.98% | Monthly repayment$3,144/mo | Fixed 1 yearOwner-occupiedPrincipal & interestFeatures: Extra repayments | |||
 | Advertised rate6.45% | Comparison rate6.23% | Monthly repayment$3,144/mo | Fixed 1 yearOwner-occupiedPrincipal & interestFeatures: Extra repayments | Up Home is a simple loan that works seamlessly with your Up banking. Starting from 10% LVR, it’s first time owner friendly too. Use the Up features you love to own your own home faster. | ||
| Advertised rate6.45% | Comparison rate6.25% | Monthly repayment$3,144/mo | Fixed 2 yearsOwner-occupiedPrincipal & interestFeatures: Extra repayments | |||
 | Advertised rate6.48% | Comparison rate6.51% | Monthly repayment$3,154/mo | VariableOwner-occupiedPrincipal & interestFeatures: Extra repayments | BCU Bank's Offset Home Loan is a variable rate loan with the flexibility to use your savings to reduce the interest you pay. | ||
 | Advertised rate6.49% | Comparison rate6.32% | Monthly repayment$3,157/mo | Fixed 1 yearOwner-occupiedPrincipal & interestFeatures: Extra repayments | For customers looking for a simple, no frills home loan with low upfront fees and no ongoing fees (MSF). | ||
| Advertised rate6.49% | Comparison rate6.33% | Monthly repayment$3,157/mo | Fixed 2 yearsOwner-occupiedPrincipal & interestFeatures: Extra repayments | |||
| Advertised rate6.49% | Comparison rate6.48% | Monthly repayment$3,157/mo | Fixed 1 yearOwner-occupiedPrincipal & interestFeatures: Extra repayments | For customers who want flexibility to pay down their loan sooner and access additional features such as offset accounts. | ||
| Advertised rate6.49% | Comparison rate6.50% | Monthly repayment$3,157/mo | Fixed 2 yearsOwner-occupiedPrincipal & interestFeatures: Extra repayments | |||
| Advertised rate6.49% | Comparison rate6.51% | Monthly repayment$3,157/mo | Fixed 1 yearOwner-occupiedPrincipal & interestFeatures: Extra repayments | BCU Bank's Fixed Rate Home Loan offers you the peace of mind of a fixed interest rate for up to five years, while still allowing extra repayments up to $25,000 during the fixed period. | ||
| Advertised rate6.49% | Comparison rate6.51% | Monthly repayment$3,157/mo | Fixed 2 yearsOwner-occupiedPrincipal & interestFeatures: Extra repayments | |||
 | Advertised rate6.49% | Comparison rate6.56% | Monthly repayment$3,157/mo | Fixed 1 yearOwner-occupiedPrincipal & interestFeatures: Extra repayments | The P&N Bank Fixed Rate Home Loan offers you the peace of mind of a fixed interest rate for one to five years, while still allowing extra repayments of up to $25,000 during the fixed term. | ||
 | Advertised rate6.49% | Comparison rate6.93% | Monthly repayment$3,157/mo | Fixed 1 yearOwner-occupiedPrincipal & interestFeatures: Extra repayments | Our Ultimate Home Loan Package bundles together your home loan, an everyday account & our low rate credit card. Establishment fee waivers on personal loans, no annual fee on a visa credit card… | ||
| Advertised rate6.49% | Comparison rate6.91% | Monthly repayment$3,157/mo | Fixed 3 yearsOwner-occupiedPrincipal & interestFeatures: Extra repayments | |||
 | Advertised rate6.49% | Comparison rate6.34% | Monthly repayment$3,157/mo | Fixed 1 yearOwner-occupiedPrincipal & interestFeatures: Extra repayments | A home loan built on value with great rates and no annual fee. | ||
| Advertised rate6.49% | Comparison rate6.56% | Monthly repayment$3,157/mo | Fixed 1 yearOwner-occupiedPrincipal & interestFeatures: Extra repayments | The Macquarie offset home loan package is designed to reduce your interest repayments, bucket your savings and access your savings without additional fees. | ||
 | Advertised rate6.49% | Comparison rate6.91% | Monthly repayment$3,157/mo | Fixed 5 yearsOwner-occupiedPrincipal & interestFeatures: Extra repayments | A Fixed Rate Home Loan gives you the best of both worlds - peace of mind with the certainty of fixed rates, without being locked in for a long period of time. The 5 Year Fixed Rate Home Loan is also… | ||
| Advertised rate6.49% | Comparison rate6.27% | Monthly repayment$3,157/mo | Fixed 2 yearsOwner-occupiedPrincipal & interestFeatures: Extra repayments | A fixed rate for 2 years for owner occupiers with a maximum LVR of 80% wanting certainty of repayments for a period. Includes access to redraw and the ability to make extra repayments. | ||
Comparison rate warning and base criteria
Base criteria: repayment figures shown in this table are calculated on a loan of $500,000 over 30 years. Repayment estimates use each loan’s advertised interest rate, with the comparison rate shown beside it as a guide to total cost. These figures are examples only. They are not a quote, and they may not include all fees and charges.
*Warning: the comparison rate shown is calculated by the lender on its own standard example, usually a $150,000 loan over 25 years. This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Products are selected for relevance to the table and to the filters applied. They are not suggestions or recommendations, and the order they appear in is not a ranking of suitability.
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Rates, fees and charges are subject to change without notice. Before acting on any information shown here, you should confirm the rates, fees, charges and product information with the provider. For clarity, where we have used the terms “lowest” or “best”, these relate solely to the rates of interest offered by the provider and not to any other factor. The application of these terms to a particular product is subject to change without notice if the provider changes their rates.
We do not compare every home loans available in Australia, and this table does not compare every feature that may be relevant to you. Changing the filters will surface further relevant products. See how we sort and rank products and how we make money.
This information is general in nature. It does not take into account your objectives, financial situation or needs, and it is not a recommendation to apply for or hold any particular product. You should read the provider’s Key Facts Sheet, Target Market Determination and credit contract terms before deciding. CompareThat compares products. We do not arrange, approve or process applications.
Guides
- All About Your First Home Loan First home buyer guide Almost every first home buyer question comes back to one number, the deposit. Here is how much you need, what changes when you have less than 20%, and what the purchase costs in total before anyone hands you the keys.
- Home Loans Guide How to refinance your home loan For many Australian borrowers, refinancing is one of the larger savings available, and one that often gets put off. Here is the whole process, what it actually costs, and how to tell whether switching leaves you ahead.
The Numbers Behind These Rates
Where this market sits today, and the official figures behind it.
- Market averages Home Loan Market Averages Today's average home loan rate, by segment, and how it has moved since the last reading. Taken from every product in the feed, not a survey.
- Statistics Average Home Loan Interest Rate in Australia The average home loan interest rate moves with the Reserve Bank cash rate and with competition between lenders. The figures below combine live rates from the loans we compare with the official RBA benchmarks.
- Statistics Average Home Loan Size in Australia The average new home loan has climbed sharply as property prices have risen. Here is the latest figure from the Australian Bureau of Statistics, how it varies by state, and what a loan that size costs to repay at today’s lowest variable rate.
- Statistics Average House Deposit and LVR in Australia Your deposit sets your Loan to Value Ratio, which shapes both your interest rate and whether you pay Lenders Mortgage Insurance. Here is what Australians actually put down, and how far a smaller deposit can stretch.
- Rate Tracker Every Market, One Page The daily average across home loans, savings, term deposits, credit cards and personal and car loans, measured against the RBA cash rate.