RateGapevery home loan rate lenders publish, compared

Bank Australia home loan rates

Bank Australia's lowest advertised variable rate for a home you live in and pay down is 5.95%, read Monday 2 November. That is 0.10 percentage points above the going rate of 5.85% across every lender. Its lowest fixed rate is 6.74%, fixed for one year.

Since the Reserve Bank’s increase on Tuesday 29 September, Bank Australia has not changed its lowest advertised variable rate, 5.95%, as at Monday 2 November. After the Reserve Bank’s increase has every lender.

139 advertised rates across 17 products, published by Bank Australia under the Consumer Data Right. Last read Monday 2 November, yesterday. No lender pays to be listed.

Where it sits

5.95% Bank Australia, lowest variable rate open to anyone

5.85% The going rate

0.10 percentage points above the going rate

The going rate is the lowest rate at least three lenders reach, so one lender's odd price cannot set it.

Both are advertised new-customer rates. A negotiated discount is in neither. Read your own rate against this.

Lowest variable rate, open to anyone: 5.95%
Lowest fixed rate: 6.74%, one year
Lowest comparison rate: 6.14%
Rates published: 139, across 17 products
Last rate move: Thursday 15 October
Last read: Monday 2 November

For a home you live in and pay down. The other loan types are in the tables below.

Lenders set a different rate for each LVR band, shown as how much you owe. LVR is what you owe as a share of the home's value.

Owner-occupied, principal and interest

Variable

Offset Home Loan · 5.95% (6.14% with fees)
Offset Home Loan · owe up to 60% · 6.38% (6.57% with fees)
Offset Home Loan · owe 60.1–70% · 6.38% (6.57% with fees)
Basic Home Loan · owe up to 60% · 6.38% (6.38% with fees)
Basic Home Loan · owe 60.1–70% · 6.38% (6.38% with fees)
Basic Home Loan · owe 70.1–80% · 6.39% (6.39% with fees)
Offset Home Loan · owe 70.1–80% · 6.43% (6.62% with fees)
Offset Home Loan · owe 80.1–90% · 6.64% (6.82% with fees)
Basic Home Loan · owe 80.1–90% · 6.64% (6.64% with fees)
Basic Home Loan · owe 90% or more · 6.90% (6.90% with fees)
Offset Home Loan · owe 90% or more · 7.14% (7.32% with fees)

Fixed

Basic Home Loan Fixed · one year · owe up to 60% · 6.74% (6.42% with fees)
Basic Home Loan Fixed · one year · owe 60.1–70% · 6.74% (6.42% with fees)
Basic Home Loan Fixed · one year · owe 70.1–80% · 6.74% (6.43% with fees)
Offset Home Loan Fixed · one year · owe up to 60% · 6.74% (6.60% with fees)
Offset Home Loan Fixed · one year · owe 60.1–70% · 6.74% (6.60% with fees)
Offset Home Loan Fixed · one year · owe 70.1–80% · 6.74% (6.65% with fees)
Basic Home Loan Fixed · two years · owe up to 60% · 6.79% (6.47% with fees)
Basic Home Loan Fixed · two years · owe 60.1–70% · 6.79% (6.47% with fees)
Basic Home Loan Fixed · two years · owe 70.1–80% · 6.79% (6.47% with fees)
Offset Home Loan Fixed · two years · owe up to 60% · 6.79% (6.65% with fees)
Offset Home Loan Fixed · two years · owe 60.1–70% · 6.79% (6.65% with fees)
Offset Home Loan Fixed · two years · owe 70.1–80% · 6.79% (6.69% with fees)
Basic Home Loan Fixed · three years · owe up to 60% · 6.89% (6.53% with fees)
Basic Home Loan Fixed · three years · owe 60.1–70% · 6.89% (6.53% with fees)
Basic Home Loan Fixed · three years · owe 70.1–80% · 6.89% (6.54% with fees)
Offset Home Loan Fixed · three years · owe up to 60% · 6.89% (6.71% with fees)
Offset Home Loan Fixed · three years · owe 60.1–70% · 6.89% (6.71% with fees)
Offset Home Loan Fixed · three years · owe 70.1–80% · 6.89% (6.75% with fees)
Basic Home Loan Fixed · one year · owe 90% or more · 7.04% (6.92% with fees)
Basic Home Loan Fixed · one year · owe 80.1–90% · 7.04% (6.69% with fees)
Offset Home Loan Fixed · one year · owe 90% or more · 7.04% (7.31% with fees)
Basic Home Loan Fixed · two years · owe 80.1–90% · 7.04% (6.72% with fees)
Offset Home Loan Fixed · one year · owe 80.1–90% · 7.04% (6.87% with fees)
Offset Home Loan Fixed · two years · owe 80.1–90% · 7.04% (6.91% with fees)
Basic Home Loan Fixed · two years · owe 90.1% or more · 7.09% (6.94% with fees)
Offset Home Loan Fixed · two years · owe 90% or more · 7.09% (7.31% with fees)
Basic Home Loan Fixed · three years · owe 90% or more · 7.19% (6.99% with fees)
Basic Home Loan Fixed · three years · owe 80.1–90% · 7.19% (6.80% with fees)
Offset Home Loan Fixed · three years · owe 90% or more · 7.19% (7.34% with fees)

Showing 40 of 51 rates for this profile, lowest rate first. Every band Bank Australia prices in appears above. The 11 not shown are more rates inside those same bands — a different product, or a different fixed term. All of them are in the data.

Investment, principal and interest

42 rates

Variable

Offset Investment Loan · 6.09% (6.28% with fees)
Offset Investment Loan · owe up to 60% · 6.49% (6.68% with fees)
Offset Investment Loan · owe 60.1–70% · 6.54% (6.73% with fees)
Offset Investment Loan · owe 70.1–80% · 6.59% (6.77% with fees)
Basic Investment Loan · owe up to 60% · 6.59% (6.59% with fees)
Basic Investment Loan · owe 60.1–70% · 6.59% (6.59% with fees)
Basic Investment Loan · owe 70.1–80% · 6.59% (6.59% with fees)
Basic Investment Loan · owe 80.1–90% · 6.84% (6.84% with fees)
Offset Investment Loan · owe 80.1–90% · 6.94% (7.12% with fees)

Fixed

Offset Investment Loan Fixed · one year · owe up to 60% · 6.79% (6.71% with fees)
Offset Investment Loan Fixed · one year · owe 60.1–70% · 6.79% (6.75% with fees)
Offset Investment Loan Fixed · one year · owe 70.1–80% · 6.79% (6.80% with fees)
Basic Investment Loan Fixed · one year · owe up to 60% · 6.79% (6.61% with fees)
Basic Investment Loan Fixed · one year · owe 60.1–70% · 6.79% (6.61% with fees)
Basic Investment Loan Fixed · one year · owe 70.1–80% · 6.79% (6.61% with fees)
Offset Investment Loan Fixed · two years · owe up to 60% · 6.84% (6.75% with fees)
Offset Investment Loan Fixed · two years · owe 60.1–70% · 6.84% (6.79% with fees)
Offset Investment Loan Fixed · two years · owe 70.1–80% · 6.84% (6.83% with fees)
Basic Investment Loan Fixed · two years · owe up to 60% · 6.84% (6.64% with fees)
Basic Investment Loan Fixed · two years · owe 60.1–70% · 6.84% (6.64% with fees)
Basic Investment Loan Fixed · two years · owe 70.1–80% · 6.84% (6.64% with fees)
Offset Investment Loan Fixed · three years · owe 61.1–70% · 6.94% (6.66% with fees)
Offset Investment Loan Fixed · three years · owe up to 60% · 6.94% (6.81% with fees)
Offset Investment Loan Fixed · three years · owe 60.1–70% · 6.94% (6.84% with fees)
Offset Investment Loan Fixed · three years · owe 70.1–80% · 6.94% (6.88% with fees)
Basic Investment Loan Fixed · three years · owe up to 60% · 6.94% (6.69% with fees)
Basic Investment Loan Fixed · three years · owe 60.1–70% · 6.94% (6.69% with fees)
Basic Investment Loan Fixed · three years · owe 70.1–80% · 6.94% (6.69% with fees)
Offset Investment Loan Fixed · five years · owe up to 60% · 7.04% (6.92% with fees)
Offset Investment Loan Fixed · five years · owe 60.1–70% · 7.04% (6.95% with fees)
Offset Investment Loan Fixed · five years · owe 70.1–80% · 7.04% (6.98% with fees)
Basic Investment Loan Fixed · five years · owe up to 60% · 7.04% (6.79% with fees)
Basic Investment Loan Fixed · five years · owe 60.1–70% · 7.04% (6.79% with fees)
Basic Investment Loan Fixed · one year · owe 80.1–90% · 7.09% (6.87% with fees)
Basic Investment Loan Fixed · two years · owe 80.1–90% · 7.09% (6.89% with fees)
Offset Investment Loan Fixed · one year · owe 80.1–90% · 7.19% (7.15% with fees)
Offset Investment Loan Fixed · two years · owe 80.1–90% · 7.19% (7.17% with fees)
Basic Investment Loan Fixed · three years · owe 80.1–90% · 7.24% (6.96% with fees)
Basic Investment Loan Fixed · five years · owe 80.1–90% · 7.29% (7.05% with fees)
Offset Investment Loan Fixed · three years · owe 80.1–90% · 7.39% (7.25% with fees)

Showing 40 of 42 rates for this profile, lowest rate first. Every band Bank Australia prices in appears above. The 2 not shown are more rates inside those same bands — a different product, or a different fixed term. All of them are in the data.

Investment, interest only

37 rates

Variable

Offset Investment Loan IO · 6.34% (6.37% with fees)
Offset Investment Loan IO · owe up to 60% · 6.74% (6.77% with fees)
Offset Investment Loan IO · owe 60.1–70% · 6.79% (6.82% with fees)
Basic Investment Loan IO · owe 70.1–80% · 6.84% (6.70% with fees)
Basic Investment Loan IO · owe up to 60% · 6.84% (6.70% with fees)
Basic Investment Loan IO · owe 60.1–70% · 6.84% (6.70% with fees)
Offset Investment Loan IO · owe 70.1–80% · 6.84% (6.87% with fees)
Basic Investment Loan IO · owe 80.1–90% · 7.09% (6.95% with fees)
Offset Investment Loan IO · owe 80.1–90% · 7.19% (7.22% with fees)

Fixed

Basic Investment Loan Fixed IO · one year · owe 60.1–70% · 7.04% (6.64% with fees)
Basic Investment Loan Fixed IO · one year · owe 70.1–80% · 7.04% (6.64% with fees)
Basic Investment Loan Fixed IO · one year · owe up to 60% · 7.04% (6.64% with fees)
Offset Investment Loan Fixed IO · one year · owe 60.1–70% · 7.04% (6.77% with fees)
Offset Investment Loan Fixed IO · one year · owe 70.1–80% · 7.04% (6.82% with fees)
Offset Investment Loan Fixed IO · one year · owe up to 60% · 7.04% (6.73% with fees)
Basic Investment Loan Fixed IO · two years · owe 60.1–70% · 7.09% (6.69% with fees)
Basic Investment Loan Fixed IO · two years · owe 70.1–80% · 7.09% (6.69% with fees)
Basic Investment Loan Fixed IO · two years · owe up to 60% · 7.09% (6.69% with fees)
Offset Investment Loan Fixed IO · two years · owe 60.1–70% · 7.09% (6.83% with fees)
Offset Investment Loan Fixed IO · two years · owe 70.1–80% · 7.09% (6.87% with fees)
Offset Investment Loan Fixed IO · two years · owe up to 60% · 7.09% (6.79% with fees)
Basic Investment Loan Fixed IO · three years · owe up to 60% · 7.19% (6.76% with fees)
Basic Investment Loan Fixed IO · three years · owe 60.1–70% · 7.19% (6.76% with fees)
Basic Investment Loan Fixed IO · three years · owe 70.1–80% · 7.19% (6.76% with fees)
Offset Investment Loan Fixed IO · three years · owe up to 60% · 7.19% (6.87% with fees)
Offset Investment Loan Fixed IO · three years · owe 60.1–70% · 7.19% (6.90% with fees)
Offset Investment Loan Fixed IO · three years · owe 70.1–80% · 7.19% (6.94% with fees)
Basic Investment Loan Fixed IO · five years · owe up to 60% · 7.29% (6.90% with fees)
Basic Investment Loan Fixed IO · five years · owe 60.1–70% · 7.29% (6.90% with fees)
Offset Investment Loan Fixed IO · five years · owe up to 60% · 7.29% (7.01% with fees)
Offset Investment Loan Fixed IO · five years · owe 60.1–70% · 7.29% (7.04% with fees)
Basic Investment Loan Fixed IO · one year · owe 80.1–90% · 7.34% (6.90% with fees)
Basic Investment Loan Fixed IO · two years · owe 80.1–90% · 7.34% (6.94% with fees)
Offset Investment Loan Fixed IO · one year · owe 80.1–90% · 7.44% (7.17% with fees)
Offset Investment Loan Fixed IO · two years · owe 80.1–90% · 7.44% (7.22% with fees)
Basic Investment Loan Fixed IO · three years · owe 80.1–90% · 7.49% (7.03% with fees)
Offset Investment Loan Fixed IO · three years · owe 80.1–90% · 7.64% (7.32% with fees)

Restricted to particular groups

Product	Who it is for	Rate
Clean Energy Home Loan	a particular group only, per its published conditions	6.13%
Clean Energy Investment Loan	a particular group only, per its published conditions	6.29%
Clean Energy Home Loan Fixed	a particular group only, per its published conditions	6.59%
Clean Energy Investment Fixed	a particular group only, per its published conditions	6.64%
Bridging Loan	a particular group only, per its published conditions	8.35%

The data says a product is restricted. It never says whether you would get it. On the comparison every one of these can be put back with a click, and every figure is worked out again.

What changed

Bank Australia last moved a rate on Thursday 15 October. Every rate is read each morning and has come back the same since.

Every lender that publishes rates, and every rate move since capture began.

Beside it

Of 93 lenders with a variable rate anyone could take for a home you live in and pay down, 8 publish a lower one than Bank Australia's 5.95%. The nearest either side:

Broken Hill Bank 5.94%
Gateway Bank 5.94%
Bank Australia 5.95%
First Option Bank 5.99%
Mortgage Choice Freedom 5.99%

Does this look wrong? or could it be better

Two different things go wrong here and they are fixed in different places. If a rate on this page does not match what Bank Australia told you, it is usually one of these.

The published data is wrong

Bank Australia publishes these rates itself, under the Consumer Data Right. Nobody here types them in and nothing here can correct them at the source. If the feed is wrong, every comparison site reading it is wrong in the same way. Reports about a data holder's feed go to the Consumer Data Right, and published-data quality is on the ACCC's enforcement list.

Everything identifying the feed is filled in below. The one part left is what you saw.

Consumer Data Right — Product Reference Data quality

Data holder brand: Bank Australia
ABN: 21087651607
Product Reference Data endpoint: https://public.cdr.bankaust.com.au
Data read from that endpoint on: Sunday 1 November
Rate lines published at that time: 139

What appears to be wrong:
[describe what you checked, and what the published data says]

This data is published under the Product Reference Data standard and is
available publicly, without authentication or a consumer consent.

Open the report form in a new tab ↗

The form is run by the Consumer Data Right, not by this site. Nothing you type here is sent anywhere — the text above is yours to copy.

This page reads it wrongly

The rate is published correctly and this page has misread it. A band shown against the wrong loan type, a fee counted twice, a product that should be marked restricted and is not: that one is mine. Tell me and I will fix it, and say which lender so I can find the row.

Something is missing

A figure this page should show and does not, or a lender that should be here and is not. Tell me through the feedback box. The data behind every page here is free to download if you would rather check it yourself first.

The other questions

Are you paying more than you need to? your rate against every lender publishing one
How fast should you pay it off? term, extra repayments, interest only
Don't have a loan yet? what to look at before you pick one
What does each lender advertise? every lender that publishes rates, a page each
What moved this week? which lenders changed an advertised rate
Where do these numbers come from? every published rate, and how fresh it is

Free, and not advice. It knows only what the lender publishes, not what you could negotiate. A licensed broker does this for a living. Who made this. What this site collects.