Cairns bank home loan rates

72 advertised rate lines across 72 products, published by Cairns bank under the Consumer Data Right. Read yesterday. No lender pays to be listed.

Where it sits

6.19% Cairns bank, lowest open
5.84% The benchmark
0.35pp 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

ProductTypeLVR RateComparison
PLUS HOME LOAN FIXED 1YR <60 LVR PI fixed 1y — 6.19% 6.26%
CLASSIC HOME LOAN VARIABLE <60 LVR PI variable — 6.24% 5.95%
PLUS HOME LOAN FIXED 1YR 60-80 LVR PI fixed 1y — 6.24% 6.31%
PLUS HOME LOAN FIXED 2YR <60 LVR PI fixed 2y — 6.24% 6.23%
CLASSIC HOME LOAN VARIABLE 60-80 LVR PI variable — 6.29% 6.00%
PLUS HOME LOAN FIXED 2YR 60-80 LVR PI fixed 2y — 6.29% 6.28%
PLUS HOME LOAN FIXED 3YR <60 LVR PI fixed 3y — 6.34% 6.20%
PLUS HOME LOAN VARIABLE <60 LVR variable — 6.34% 6.27%
PLUS HOME LOAN FIXED 3YR 60-80 LVR PI fixed 3y — 6.39% 6.25%
PLUS HOME LOAN VARIABLE 60-80 LVR PI variable — 6.39% 6.32%
PLUS HOME LOAN FIXED 1YR 80-90 LVR PI fixed 1y — 6.44% 6.50%
CLASSIC HOME LOAN VARIABLE 80-90 LVR PI variable — 6.49% 6.20%
PLUS HOME LOAN FIXED 2YR 80-90 LVR PI fixed 2y — 6.49% 6.47%
PLUS HOME LOAN FIXED 3YR 80-90 LVR PI fixed 3y — 6.59% 6.44%
PLUS HOME LOAN VARIABLE 80-90 LVR PI variable — 6.59% 6.51%
PLUS HOME LOAN FIXED 1YR >90 LVR PI fixed 1y — 6.64% 6.70%
CLASSIC HOME LOAN VARIABLE >90 LVR PI variable — 6.69% 6.40%
PLUS HOME LOAN FIXED 2YR >90 LVR PI fixed 2y — 6.69% 6.67%
PLUS HOME LOAN FIXED 3YR >90 PI fixed 3y — 6.79% 6.64%
PLUS HOME LOAN VARIABLE >90 PI variable — 6.79% 6.71%

No line here states how much of the property's value it applies to. That is what Cairns bank publishes, not a statement about how much it will lend.

Owner-occupied, interest only

ProductTypeLVR RateComparison
CLASSIC HOME LOAN VARIABLE <60 LVR IO variable — 6.44% 6.15%
CLASSIC HOME LOAN VARIABLE 60-80 LVR IO variable — 6.49% 6.20%
CLASSIC HOME LOAN VARIABLE >80-90 LVR IO variable — 6.69% 6.40%
CLASSIC HOME LOAN VARIABLE >90 LVR IO variable — 6.89% 6.60%

No line here states how much of the property's value it applies to. That is what Cairns bank publishes, not a statement about how much it will lend.

Investment, principal and interest

ProductTypeLVR RateComparison
INVESTMENT PLUS HL FIXED 1YR <60 LVR PI fixed 1y — 6.29% 6.36%
CLASSIC INVESTMENT HL VARIABLE <60 LVR PI variable — 6.34% 6.05%
INVESTMENT PLUS HL FIXED 1YR 60-80 LVR PI fixed 1y — 6.34% 6.40%
INVESTMENT PLUS HL FIXED 2YR <60 LVR PI fixed 2y — 6.34% 6.33%
CLASSIC INVESTMENT HL VARIABLE 60-80 LVR PI variable — 6.39% 6.10%
INVESTMENT PLUS HL FIXED 2YR 60-80 LVR PI fixed 2y — 6.39% 6.38%
INVESTMENT PLUS HL FIXED 3YR <60 LVR PI fixed 3y — 6.44% 6.30%
INVESTMENT PLUS HL VARIABLE <60 LVR PI variable — 6.44% 6.37%
INVESTMENT PLUS HL FIXED 3YR 60-80 LVR PI fixed 3y — 6.49% 6.34%
INVESTMENT PLUS HL VARIABLE 60-80 LVR PI variable — 6.49% 6.42%
INVESTMENT PLUS HL FIXED 1YR 80-90 LVR PI fixed 1y — 6.54% 6.60%
CLASSIC INVESTMENT HL VARIABLE 80-90 LVR PI variable — 6.59% 6.30%
INVESTMENT PLUS HL FIXED 2YR 80-90 LVR PI fixed 2y — 6.59% 6.57%
INVESTMENT PLUS HL FIXED 3YR 80-90 LVR PI fixed 3y — 6.69% 6.54%
INVESTMENT PLUS HL VARIABLE 80-90 LVR PI variable — 6.69% 6.61%
INVESTMENT PLUS HL FIXED 1YR >90 LVR PI fixed 1y — 6.74% 6.80%
CLASSIC INVESTMENT HL VARIABLE >90 LVR PI variable — 6.79% 6.50%
INVESTMENT PLUS HL FIXED 2YR >90 LVR PI fixed 2y — 6.79% 6.77%
INVESTMENT PLUS HL FIXED 3YR >90 LVR PI fixed 3y — 6.89% 6.74%
INVESTMENT PLUS HL VARIABLE >90 LVR PI variable — 6.89% 6.81%

No line here states how much of the property's value it applies to. That is what Cairns bank publishes, not a statement about how much it will lend.

Investment, interest only

ProductTypeLVR RateComparison
INVESTMENT PLUS HL FIXED 1YR <60 LVR IO fixed 1y — 6.49% 6.55%
CLASSIC INVESTMENT HL VARIABLE <60 LVR IO variable — 6.54% 6.25%
INVESTMENT PLUS HL FIXED 1YR 60-80 LVR IO fixed 1y — 6.54% 6.60%
INVESTMENT PLUS HL FIXED 2YR <60 LVR IO fixed 2y — 6.54% 6.53%
CLASSIC INVESTMENT HL VARIABLE 60-80 LVR IO variable — 6.59% 6.30%
INVESTMENT PLUS HL FIXED 2YR 60-80 LVR IO fixed 2y — 6.59% 6.57%
INVESTMENT PLUS HL FIXED 3YR <60 LVR IO fixed 3y — 6.64% 6.50%
INVESTMENT PLUS HL VARIABLE <60 LVR IO variable — 6.64% 6.56%
INVESTMENT PLUS HL FIXED 3YR 60-80 LVR IO fixed 3y — 6.69% 6.54%
INVESTMENT PLUS HL VARIABLE 60-80 LVR IO variable — 6.69% 6.61%
INVESTMENT PLUS HL FIXED 1YR 80-90 LVR IO fixed 1y — 6.74% 6.80%
CLASSIC INVESTMENT HL VARIABLE 80-90 LVR IO variable — 6.79% 6.50%
INVESTMENT PLUS HL FIXED 2YR 80-90 LVR IO fixed 2y — 6.79% 6.77%
INVESTMENT PLUS HL PLUS FIXED 3YR 80-90 LVR IO fixed 3y — 6.89% 6.74%
INVESTMENT PLUS HL VARIABLE 80-90 LVR IO variable — 6.89% 6.81%
INVESTMENT PLUS HL FIXED 1YR >90 LVR IO fixed 1y — 6.94% 7.00%
CLASSIC INVESTMENT HL VARIABLE >90 LVR IO variable — 6.99% 6.70%
INVESTMENT PLUS HL FIXED 2YR >90 LVR IO fixed 2y — 6.99% 6.97%
INVESTMENT PLUS HL FIXED 3YR >90 LVR IO fixed 3y — 7.09% 6.94%
INVESTMENT PLUS HL VARIABLE >90 LVR IO variable — 7.09% 7.01%

No line here states how much of the property's value it applies to. That is what Cairns bank publishes, not a statement about how much it will lend.

Left out of the figures above

ProductWhy it is outRate
CLASSIC HOME LOAN BRIDGING VARIABLE <60 LVR IO Eligibility 8.44%
CLASSIC HOME LOAN BRIDGING VARIABLE 60-80 LVR IO Eligibility 8.49%
CLASSIC INVESTMENT HL BRIDGING VARIABLE <60 LVR IO Eligibility 8.54%
CLASSIC INVESTMENT HL BRIDGING VARIABLE 60-80 LVR IO Eligibility 8.59%
CLASSIC HOME LOAN BRIDGING VARIABLE 80-90 LVR IO Eligibility 8.69%
CLASSIC INVESTMENT HL BRIDGING VARIABLE 80-90 LVR IO Eligibility 8.79%
CLASSIC HOME LOAN BRIDGING VARIABLE >90 LVR IO Eligibility 8.89%
CLASSIC INVESTMENT HL BRIDGING VARIABLE >90 LVR IO Eligibility 8.99%

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

Cairns bank last moved a rate line on Tuesday 25 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 Cairns bank told you, it is usually one of these.

The published data is wrong

Cairns bank 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: Cairns bank
ABN: 68087933757
Product Reference Data endpoint: https://openbanking.cairnsbank.com.au/OpenBanking
Data read from that endpoint on: Saturday 12 September
Rate lines published at that time: 72

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.