Bank Australia home loan rates

Where it sits

5.95% Bank Australia, lowest open

5.84% The benchmark

0.11pp higher

The benchmark is the rate at which a third distinct lender appears in the sorted list. It is not the lowest rate anyone publishes. Anchoring on the lowest would put a green loan or a veterans' rate under the whole market, and name a difference nobody can capture.

Both figures are advertised rates for a new customer. The discount a broker negotiates is published nowhere and is not in either number. Read your own rate against this.

Owner-occupied, principal and interest

Product	Type	LVR	Rate	Comparison
Offset Home Loan	variable	—	5.95%	6.14%
Offset Home Loan	variable	0–60%	6.13%	6.32%
Offset Home Loan	variable	60.1–70%	6.13%	6.32%
Basic Home Loan	variable	0–60%	6.13%	6.13%
Basic Home Loan	variable	60.1–70%	6.13%	6.13%
Basic Home Loan	variable	70.1–80%	6.14%	6.14%
Offset Home Loan	variable	70.1–80%	6.18%	6.37%
Basic Home Loan Fixed	fixed 1y	0–60%	6.34%	6.16%
Basic Home Loan Fixed	fixed 1y	60.1–70%	6.34%	6.16%
Basic Home Loan Fixed	fixed 1y	70.1–80%	6.34%	6.16%
Offset Home Loan Fixed	fixed 1y	0–60%	6.34%	6.34%
Offset Home Loan Fixed	fixed 1y	60.1–70%	6.34%	6.34%
Offset Home Loan Fixed	fixed 1y	70.1–80%	6.34%	6.38%
Offset Home Loan	variable	80.1–90%	6.39%	6.58%
Basic Home Loan	variable	80.1–90%	6.39%	6.39%
Basic Home Loan Fixed	fixed 2y	0–60%	6.39%	6.19%
Basic Home Loan Fixed	fixed 2y	60.1–70%	6.39%	6.19%
Basic Home Loan Fixed	fixed 2y	70.1–80%	6.39%	6.19%
Offset Home Loan Fixed	fixed 2y	0–60%	6.39%	6.37%
Offset Home Loan Fixed	fixed 2y	60.1–70%	6.39%	6.37%
Offset Home Loan Fixed	fixed 2y	70.1–80%	6.39%	6.41%
Basic Home Loan Fixed	fixed 3y	0–60%	6.49%	6.24%
Basic Home Loan Fixed	fixed 3y	60.1–70%	6.49%	6.24%
Basic Home Loan Fixed	fixed 3y	70.1–80%	6.49%	6.24%
Offset Home Loan Fixed	fixed 3y	0–60%	6.49%	6.42%
Offset Home Loan Fixed	fixed 3y	60.1–70%	6.49%	6.42%
Offset Home Loan Fixed	fixed 3y	70.1–80%	6.49%	6.46%
Basic Home Loan Fixed	fixed 1y	90–∞%	6.64%	6.65%
Offset Home Loan Fixed	fixed 1y	90–∞%	6.64%	7.05%
Basic Home Loan Fixed	fixed 1y	80.1–90%	6.64%	6.42%
Basic Home Loan Fixed	fixed 2y	80.1–90%	6.64%	6.44%
Offset Home Loan Fixed	fixed 1y	80.1–90%	6.64%	6.60%
Offset Home Loan Fixed	fixed 2y	80.1–90%	6.64%	6.63%
Basic Home Loan	variable	90–∞%	6.65%	6.65%
Basic Home Loan Fixed	fixed 2y	90.1–∞%	6.69%	6.66%
Offset Home Loan Fixed	fixed 2y	90–∞%	6.69%	7.03%
Basic Home Loan Fixed	fixed 3y	90–∞%	6.79%	6.69%
Offset Home Loan Fixed	fixed 3y	90–∞%	6.79%	7.04%
Basic Home Loan Fixed	fixed 3y	80.1–90%	6.79%	6.51%
Basic Home Loan Fixed	fixed 5y	90–∞%	6.89%	6.76%

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

Product	Type	LVR	Rate	Comparison
Offset Investment Loan	variable	—	6.09%	6.28%
Offset Investment Loan	variable	0–60%	6.24%	6.43%
Offset Investment Loan	variable	60.1–70%	6.29%	6.48%
Offset Investment Loan	variable	70.1–80%	6.34%	6.53%
Basic Investment Loan	variable	0–60%	6.34%	6.34%
Basic Investment Loan	variable	60.1–70%	6.34%	6.34%
Basic Investment Loan	variable	70.1–80%	6.34%	6.34%
Offset Investment Loan Fixed	fixed 1y	0–60%	6.39%	6.44%
Offset Investment Loan Fixed	fixed 1y	60.1–70%	6.39%	6.49%
Offset Investment Loan Fixed	fixed 1y	70.1–80%	6.39%	6.53%
Basic Investment Loan Fixed	fixed 1y	0–60%	6.39%	6.35%
Basic Investment Loan Fixed	fixed 1y	60.1–70%	6.39%	6.35%
Basic Investment Loan Fixed	fixed 1y	70.1–80%	6.39%	6.35%
Offset Investment Loan Fixed	fixed 2y	0–60%	6.44%	6.47%
Offset Investment Loan Fixed	fixed 2y	60.1–70%	6.44%	6.51%
Offset Investment Loan Fixed	fixed 2y	70.1–80%	6.44%	6.55%
Basic Investment Loan Fixed	fixed 2y	0–60%	6.44%	6.36%
Basic Investment Loan Fixed	fixed 2y	60.1–70%	6.44%	6.36%
Basic Investment Loan Fixed	fixed 2y	70.1–80%	6.44%	6.36%
Offset Investment Loan Fixed	fixed 3y	61.1–70%	6.54%	6.55%
Offset Investment Loan Fixed	fixed 3y	0–60%	6.54%	6.51%
Basic Investment Loan Fixed	fixed 3y	60.1–70%	6.54%	6.40%
Offset Investment Loan Fixed	fixed 3y	70.1–80%	6.54%	6.58%
Basic Investment Loan Fixed	fixed 3y	0–60%	6.54%	6.40%
Basic Investment Loan Fixed	fixed 3y	70.1–80%	6.54%	6.40%
Basic Investment Loan	variable	80.1–90%	6.59%	6.59%
Offset Investment Loan Fixed	fixed 5y	60.1–70%	6.64%	6.63%
Offset Investment Loan Fixed	fixed 5y	0–60%	6.64%	6.60%
Basic Investment Loan Fixed	fixed 5y	60.1–70%	6.64%	6.48%
Offset Investment Loan Fixed	fixed 5y	70.1–80%	6.64%	6.66%
Basic Investment Loan Fixed	fixed 5y	0–60%	6.64%	6.48%
Basic Investment Loan Fixed	fixed 5y	70.1–80%	6.64%	6.48%
Offset Investment Loan	variable	80.1–90%	6.69%	6.87%
Basic Investment Loan Fixed	fixed 1y	80.1–90%	6.69%	6.60%
Basic Investment Loan Fixed	fixed 2y	80.1–90%	6.69%	6.61%
Offset Investment Loan Fixed	fixed 1y	80.1–90%	6.79%	6.88%
Offset Investment Loan Fixed	fixed 2y	80.1–90%	6.79%	6.89%
Basic Investment Loan Fixed	fixed 3y	80.1–90%	6.84%	6.67%
Basic Investment Loan Fixed	fixed 5y	80.1–90%	6.89%	6.73%
Offset Investment Loan Fixed	fixed 3y	80.1–90%	6.99%	6.96%

Showing 40 of 41 rates for this profile, lowest rate first. Every band Bank Australia prices in appears above. The one not shown is another rate inside one of those bands — a different product, or a different fixed term. All of them are in the data.

Investment, interest only

Product	Type	LVR	Rate	Comparison
Offset Investment Loan IO	variable	—	6.34%	6.37%
Offset Investment Loan IO	variable	0–60%	6.49%	6.52%
Offset Investment Loan IO	variable	60.1–70%	6.54%	6.57%
Basic Investment Loan IO	variable	70.1–80%	6.59%	6.45%
Basic Investment Loan IO	variable	0–60%	6.59%	6.45%
Basic Investment Loan IO	variable	60.1–70%	6.59%	6.45%
Offset Investment Loan IO	variable	70.1–80%	6.59%	6.62%
Basic Investment Loan Fixed IO	fixed 1y	60.1–70%	6.64%	6.37%
Basic Investment Loan Fixed IO	fixed 1y	70.1–80%	6.64%	6.37%
Basic Investment Loan Fixed IO	fixed 1y	0–60%	6.64%	6.37%
Offset Investment Loan Fixed IO	fixed 1y	60.1–70%	6.64%	6.51%
Offset Investment Loan Fixed IO	fixed 1y	70.1–80%	6.64%	6.55%
Offset Investment Loan Fixed IO	fixed 1y	0–60%	6.64%	6.47%
Basic Investment Loan Fixed IO	fixed 2y	60.1–70%	6.69%	6.41%
Basic Investment Loan Fixed IO	fixed 2y	70.1–80%	6.69%	6.41%
Basic Investment Loan Fixed IO	fixed 2y	0–60%	6.69%	6.41%
Offset Investment Loan Fixed IO	fixed 2y	60.1–70%	6.69%	6.55%
Offset Investment Loan Fixed IO	fixed 2y	70.1–80%	6.69%	6.59%
Offset Investment Loan Fixed IO	fixed 2y	0–60%	6.69%	6.51%
Basic Investment Loan Fixed IO	fixed 3y	0–60%	6.79%	6.47%
Basic Investment Loan Fixed IO	fixed 3y	60.1–70%	6.79%	6.47%
Basic Investment Loan Fixed IO	fixed 3y	70.1–80%	6.79%	6.47%
Offset Investment Loan Fixed IO	fixed 3y	0–60%	6.79%	6.57%
Offset Investment Loan Fixed IO	fixed 3y	60.1–70%	6.79%	6.61%
Offset Investment Loan Fixed IO	fixed 3y	70.1–80%	6.79%	6.65%
Basic Investment Loan IO	variable	80.1–90%	6.84%	6.70%
Basic Investment Loan Fixed IO	fixed 5y	0–60%	6.89%	6.58%
Basic Investment Loan Fixed IO	fixed 5y	60.1–70%	6.89%	6.58%
Offset Investment Loan Fixed IO	fixed 5y	0–60%	6.89%	6.69%
Offset Investment Loan Fixed IO	fixed 5y	60.1–70%	6.89%	6.72%
Basic Investment Loan Fixed IO	fixed 1y	80.1–90%	6.94%	6.63%
Basic Investment Loan Fixed IO	fixed 2y	80.1–90%	6.94%	6.66%
Offset Investment Loan IO	variable	80.1–90%	6.94%	6.97%
Offset Investment Loan Fixed IO	fixed 1y	80.1–90%	7.04%	6.91%
Offset Investment Loan Fixed IO	fixed 2y	80.1–90%	7.04%	6.94%
Basic Investment Loan Fixed IO	fixed 3y	80.1–90%	7.09%	6.74%
Offset Investment Loan Fixed IO	fixed 3y	80.1–90%	7.24%	7.02%

Left out of the figures above

Product	Why it is out	Rate
Clean Energy Home Loan	Eligibility	5.88%
Clean Energy Investment Loan	Eligibility	6.04%
Clean Energy Home Loan Fixed	Eligibility	6.19%
Clean Energy Investment Fixed	Eligibility	6.24%
Bridging Loan	Eligibility	8.10%

The data says a product is restricted. It never says whether you qualify. 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 line on Sunday 16 August. Every line is read each morning and has come back the same since.

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

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: Saturday 12 September
Rate lines published at that time: 138

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 ↗

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. Same place. The data behind every page here is free to download if you would rather check it yourself first.

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

Building something with this? There is an API, and the data is free.

Found in the data: what lenders charge above 80% and the rate a fixed loan resets to.