[Skip to the content](#main) [RateGap](/)every home loan rate lenders publish, compared # Bank of China home loan rates Bank of China's lowest advertised variable rate for a home you live in and pay down is **6.18%**, if you owe up to 80% of the home’s value. It was read Monday 2 November, and is 0.33 percentage points above the going rate of 5.85% across every lender. Its lowest fixed rate is 6.59%, fixed for one year. Have a loan with Bank of China? Compare your rate Loan balance ($) on your statement or in your banking app Your rate (%) not the comparison rate, which adds fees Compare my rate Since the Reserve Bank’s increase on Tuesday 29 September, Bank of China has raised its lowest advertised variable rate from 5.93% to 6.18%. The change was first seen Friday 9 October. [After the Reserve Bank’s increase](/market/after-the-rba) has every lender. 48 advertised rates across 14 products, published by Bank of China under the Consumer Data Right. Last read Monday 2 November, yesterday. No lender pays to be listed. ## Where it sits 6.18% Bank of China, lowest variable rate if you owe up to 80% 5.85% The going rate 0.33 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](/?lender=457ab798-5811-ec11-a826-000d3a884a20). **Lowest variable rate, if you owe up to 80%**: 6.18% **Lowest fixed rate**: 6.59%, one year **Lowest comparison rate**: 6.38% **Rates published**: 48, across 14 products **Last rate move**: Thursday 8 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 - Discount Home Loan (With Principal and Interest Repayment) · owe up to 80% · **6.18%** (6.38% with fees)- Discount Plus Home Loan (with Principal and Interest Repayment) · owe up to 80% · **6.18%** (6.56% with fees)- Discount Home Loan (With Principal and Interest Repayment) · owe 80–90% · **7.69%** (7.88% with fees)- Discount Plus Home Loan (with Principal and Interest Repayment) · owe 80–90% · **7.69%** (8.05% with fees)- Discount Home Loan (With Principal and Interest Repayment) · owe 80% or more · **7.94%** (8.13% with fees)- Discount Plus Home Loan (with Principal and Interest Repayment) · owe 80% or more · **7.94%** (8.30% with fees)- Standard Variable Rate Home Loan · **8.64%** (8.71% with fees) ### Fixed - Fixed Rate Home Loan (With Principal and Interest Repayment) · one year · **6.59%** (8.60% with fees)- Fixed Rate Home Loan (With Principal and Interest Repayment) · two years · **6.59%** (8.39% with fees)- Fixed Rate Home Loan (With Principal and Interest Repayment) · three years · **6.79%** (8.26% with fees)- Fixed Rate Home Loan (With Principal and Interest Repayment) · four years · **6.79%** (8.11% with fees)- Fixed Rate Home Loan (With Principal and Interest Repayment) · five years · **6.79%** (7.98% with fees) ## Owner-occupied, interest only 11 rates ### Variable - Discount Home Loan (with Interest Only Repayment) · owe up to 80% · **6.88%** (7.08% with fees)- Discount Plus Home Loan (with Interest Only Repayment) · owe up to 80% · **6.88%** (7.25% with fees)- Discount Home Loan (with Interest Only Repayment) · owe 80–90% · **7.69%** (7.88% with fees)- Discount Plus Home Loan (with Interest Only Repayment) · owe 80–90% · **7.69%** (8.05% with fees)- Discount Home Loan (with Interest Only Repayment) · owe 80% or more · **7.94%** (8.13% with fees)- Discount Plus Home Loan (with Interest Only Repayment) · owe 80% or more · **7.94%** (8.30% with fees) ### Fixed - Fixed Rate Home Loan (With Interest Only Repayment) · one year · **6.69%** (8.61% with fees)- Fixed Rate Home Loan (With Interest Only Repayment) · two years · **6.69%** (8.41% with fees)- Fixed Rate Home Loan (With Interest Only Repayment) · three years · **6.99%** (8.32% with fees)- Fixed Rate Home Loan (With Interest Only Repayment) · four years · **6.99%** (8.19% with fees)- Fixed Rate Home Loan (With Interest Only Repayment) · five years · **6.99%** (8.07% with fees) ## Investment, principal and interest 14 rates ### Variable - Discount Investment Home Loan (With Principal and Interest Repayment) · owe up to 80% · **6.13%** (6.33% with fees)- Discount Plus Investment Home Loan (with Principal and Interest Repayment) · owe up to 80% · **6.13%** (6.51% with fees)- Discount Investment Home Loan (With Principal and Interest Repayment) · **6.38%** (6.58% with fees)- Discount Plus Investment Home Loan (with Principal and Interest Repayment) · **6.38%** (6.76% with fees)- Discount Investment Home Loan (With Principal and Interest Repayment) · owe 80–90% · **8.00%** (8.19% with fees)- Discount Plus Investment Home Loan (with Principal and Interest Repayment) · owe 80–90% · **8.00%** (8.36% with fees)- Discount Investment Home Loan (With Principal and Interest Repayment) · owe 80% or more · **8.25%** (8.44% with fees)- Discount Plus Investment Home Loan (with Principal and Interest Repayment) · owe 80% or more · **8.25%** (8.60% with fees)- Standard Investment Variable Rate Home Loan · **8.95%** (9.02% with fees) ### Fixed - Fixed Rate Investment Home Loan (With Principal and Interest Repayment) · one year · **6.69%** (8.88% with fees)- Fixed Rate Investment Home Loan (With Principal and Interest Repayment) · two years · **6.69%** (8.65% with fees)- Fixed Rate Investment Home Loan (With Principal and Interest Repayment) · three years · **6.79%** (8.47% with fees)- Fixed Rate Investment Home Loan (With Principal and Interest Repayment) · four years · **6.79%** (8.30% with fees)- Fixed Rate Investment Home Loan (With Principal and Interest Repayment) · five years · **6.79%** (8.14% with fees) ## Investment, interest only 11 rates ### Variable - Discount Investment Home Loan (with Interest Only Repayment) · owe up to 80% · **6.58%** (6.78% with fees)- Discount Plus Investment Home Loan (with Interest Only Repayment) · owe up to 80% · **6.58%** (6.95% with fees)- Discount Investment Home Loan (with Interest Only Repayment) · owe 80–90% · **8.00%** (8.19% with fees)- Discount Plus Investment Home Loan (with Interest Only Repayment) · owe 80–90% · **8.00%** (8.36% with fees)- Discount Investment Home Loan (with Interest Only Repayment) · owe 80% or more · **8.25%** (8.44% with fees)- Discount Plus Investment Home Loan (with Interest Only Repayment) · owe 80% or more · **8.25%** (8.60% with fees) ### Fixed - Fixed Rate Investment Home Loan (With Interest Only Repayment) · one year · **6.79%** (8.89% with fees)- Fixed Rate Investment Home Loan (With Interest Only Repayment) · two years · **6.79%** (8.67% with fees)- Fixed Rate Investment Home Loan (With Interest Only Repayment) · three years · **6.99%** (8.53% with fees)- Fixed Rate Investment Home Loan (With Interest Only Repayment) · four years · **6.99%** (8.37% with fees)- Fixed Rate Investment Home Loan (With Interest Only Repayment) · five years · **6.99%** (8.23% with fees) ## What changed Bank of China last moved a rate on **Thursday 8 October**. Every rate is read each morning and has come back the same since. [Every lender that publishes rates](/lenders), and [every rate move since capture began](/data/history). ## Beside it Of 93 lenders with a variable rate anyone could take for a home you live in and pay down, 23 publish a lower one than Bank of China's 6.18%. The nearest either side: - [Summerland Bank](/lender/summerland-bank) 6.14% - [TMCU](/lender/tmcu) 6.14% - Bank of China 6.18% - [loans.com.au](/lender/loans-com-au) 6.19% - [Newcastle Permanent](/lender/newcastle-permanent) 6.19% **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 of China told you, it is usually one of these. ### The published data is wrong Bank of China 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 of China ABN: 28110077622 Product Reference Data endpoint: https://api-gateway.bankofchina.com.au Data read from that endpoint on: Sunday 1 November Rate lines published at that time: 48 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. ``` Copy the report [Open the report form in a new tab ↗](https://forms.oaic.gov.au/forms/report) 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](/#fb), 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](/#fb). The data behind every page here is [free to download](/data) 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?](/paying-it-off) term, extra repayments, interest only- [Don't have a loan yet?](/buying) what to look at before you pick one- [What does each lender advertise?](/lenders) every lender that publishes rates, a page each- [What moved this week?](/market/changes-this-week) which lenders changed an advertised rate- [Where do these numbers come from?](/data) 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](/about). [What this site collects](/privacy). **More from the data** Building something with this? There is [an API](/api), and [the data is free](/data). This morning: [the market](/market), [variable rates](/market/variable-rates), [fixed rates](/market/fixed-rates) and [what moved this week](/market/changes-this-week). Found in the data: [what lenders charge above 80%](/research/lvr-bands), [the rate a fixed loan rolls onto](/research/revert-rates) and [what a comparison rate adds](/research/comparison-rates). Also [what an offset costs](/research/offset-accounts), and [what investors pay on top](/research/investor-premium).