Home Loan Comparison

Here is a list of the best home loans in Australia. Compare home loan rates, fees and features from leading Australian lenders.

Bendigo Bank
Express Home Loan
Live-in variable, principal and interest
Variable rate: 4.97% p.a.
Comparison rate: 5.12% p.a.
Maximum loan-to-value ratio (LVR) of 90%.
New home loans only

AMP Bank
Essential Home Loan
Owner occupier, P&I
Interest rate: 5.14% p.a.
Comparison rate: 5.17% p.a.
Up to 60% loan-to-value ratio (LVR)
No application or ongoing service fees

Loans.com.au
Green Home Loan
Owner occupier, P&I
Interest rate: 5.14% p.a.
Comparison rate: 5.73% p.a.
Up to 90% loan-to-value ratio (LVR)
No application, monthly and annual fees

HSBC
Low Interest Mortgage Home Value Loan
Owner occupier, P&I
Interest rate: 5.19% p.a.
Comparison rate: 5.20% p.a.
Up to 60% loan-to-value ratio (LVR)
No ongoing or monthly fees

Qudos Bank
No Frills Home Loan
Owner occupier, P&I
Interest rate: 4.99% p.a.
Comparison rate: 4.99% p.a.
Up to 70% loan-to-value ratio (LVR)
No application or ongoing service fees

UBank
Neat Variable Rate Home Loan
Owner occupier, principal & interest (P&I)
Rates starting from 5.24% p.a.
Comparison rate: 5.26% p.a.
Loan to value ratio (LVR) up to 60%

Newcastle Permanent Building Society
Real Deal Home Loan
Interest rate: 5.24% p.a.
Comparison rate: 5.28% p.a.
Up to 80% loan-to-value ratio (LVR)
Minimum loan amount: $50,000
Maximum loan term: 30 years
Repayment holiday: Yes
No ongoing service or discharge fees

Heritage Bank
Discount Variable Rate Home Loan
Owner occupier P&I
Interest rate: 5.24% p.a.
Comparison rate: 5.26% p.a.
No monthly administration fee
Free unlimited extra repayments
Free online redraw of payments in advance
Minimum loan amount: $150,000

Yard
Simple, Online Home Loan
Owner occupier, P&I
Interest rate: 5.24% p.a.
Comparison rate: 5.28% p.a.
Up to 60% loan-to-value ratio (LVR)
No ongoing or monthly fees

Bank of Queensland (BOQ)
Economy Variable Home Loan
Owner Occupied and Investment housing
Interest rate from 5.24% p.a.
Comparison rate: 5.39% p.a.
Maximum loan to value ratio (LVR): 80%
Unlimited Free Redraw: Yes

Macquarie Bank
Basic Home Loan
Variable rate: 5.29% p.a.
Comparison rate: 5.31% p.a.
Up to 60% loan-to-value ratio (LVR)
No annual fee
Minimum loan amount: $150,000
Maximum loan amount: $10,000,000

Great Southern Bank, a business name of Credit Union Australia
Basic Variable Home Loan
Owner occupier, principal & interest
Discounted rates from 5.29% p.a.
Comparison rate: 5.35% p.a.
Up to 70% loan-to-value ratio (LVR)
$0 establishment fee, $0 security admin fee
No monthly or annual account fees
Unlimited extra repayments

Reduce Home Loans
Economizer
Owner occupier, P&I
Interest rate: 5.44% p.a.
Comparison rate: 5.50% p.a.
Up to 80% loan-to-value ratio (LVR)
Minimum loan amount: $50,000
Maximum loan amount: $3,500,000
No establishment, monthly and annual fees

Pepper Money
Variable Rate Home Loan
Owner occupier, P&I
Variable rate: 5.59% - 9.80% p.a.
Comparison rate: 5.77% - 9.93% p.a.
Loan to value ratio (LVR) up to 55%

Teachers Mutual Bank
Your Way Plus Home Loan
Owner occupier, P&I
Interest rate: 6.14% p.a.
Comparison rate: 6.42% p.a.
Variable LVR up to 60%
Minimum loan amount: $150,000
Fee-free redraw on both fixed and variable rate loans
No establishment fee

Last updated July 30, 2023