Interest Rates

Did you know that banks don’t always advertise the lowest rate that they can offer?

We’ve published the best home loan interest rates from our panel of 40 Australian lenders so that you don’t have to waste your time shopping around.

Variable rate home loans

Loan Category Interest Rate Comparison Rate Contact Us
$250,000 or above 4.19% 4.56% Apply
$500,000 or above 4.19% 4.56% Apply
$1,000,000 or above 4.13% 4.33% Apply

Fixed rate home loans

Fixed Loan Term Interest Rate Comparison Rate Contact Us
1 year fixed 4.14% 4.50% Apply
3 years fixed 4.14% 4.50% Apply
5 years fixed 4.39% 4.76% Apply
10 years fixed 6.50% 6.64% Apply
15 years fixed 7.59% 7.70% Apply
Interest in advance 4.29% 4.44% Apply

Read more about fixed rate home loans.

Flexible fixed interest rates

Flexible Fixed Interest Rate Comparison Rate Contact Us
3 yrs flexible fixed 4.59% 5.13% Apply
5 yrs flexible fixed 4.69% 4.85% Apply

Read more about flexible fixed rate loan.

How to choose the right loan?

While interest rates are important, there is more to choosing a loan than just the rate.

Bank know that almost everyone compares interest rates, however few people compare the LMI premium or the terms & conditions of their home loan. You can use our LMI calculator to see just how large the difference between the banks can be.

Of course if you need some help then you can call us on 1300 889 743 or enquire online and one of our mortgage brokers will help you to find the cheapest loan available.

Non-resident mortgages

Loan Category Interest Rate Comparison Rate Contact Us
Best variable rate 4.19% 4.57% Apply
Best 3 yrs fixed rate 4.15% 4.16% Apply
Best 5 yrs fixed rate 4.39% 4.76% Apply

Read more about non-resident mortgages.

SMSF mortgages

SMSF Loan Type Interest Rate Comparison Rate Contact Us
Variable SMSF loan 5.54% 5.79% Apply
3 yrs fixed SMSF 5.04% 5.65% Apply
5 yrs fixed SMSF 6.04% 6.14% Apply

Read more about SMSF mortgages.

Low doc home loans

Low Doc Loans Interest Rate Comparison Rate Contact Us
60% low doc loan 4.48% 4.84% Apply
80% low doc loan 4.48% 4.84% Apply
90% low doc loan 4.58% 4.94% Apply
3 yrs fixed low doc 4.64% 5.00% Apply
5 yrs fixed low doc 4.59% 4.95% Apply

Read more about low doc home loans.

Reserve Bank of Australia (RBA)

Current RBA cash rate 2.00%
Last RBA rate change -0.25% on 06/05/2015

Standard variable interest rates

Loan Category Interest Rate Comparison Rate Contact Us
Average std var rate 5.43% N/A Apply
CBA std var rate 5.45% 5.59% Apply
WBC std var rate 5.48% 5.62% Apply
ANZ std var rate 5.38% 5.49% Apply
NAB std var rate 5.43% 5.52% Apply

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.