MCCA home loan rates

90 advertised rate lines across 13 products, published by MCCA under the Consumer Data Right. Read yesterday. No lender pays to be listed.

Where it sits

6.18% MCCA, lowest open
5.84% The benchmark
0.34pp 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
Amlak Select Basic variable 0–80% 6.18% 6.28%
Amlak Premium Basic variable 0–80% 6.24% 6.34%
Amlak Select Offset variable 0–80% 6.29% 6.39%
Amlak Premium Offset variable 0–80% 6.34% 6.44%
Amlak Select Basic variable 80.01–90% 6.39% 6.49%
Amlak Premium Basic variable 80.01–90% 6.43% 6.53%
Amlak Select Offset variable 80.01–90% 6.44% 6.54%
Amlak Premium Offset variable 80.01–90% 6.53% 6.63%
Amlak Premium Fixed fixed 1y 0–90% 7.00% 6.48%
Amlak Premium Fixed fixed 2y 0–90% 7.00% 6.54%
Amlak Premium Fixed fixed 3y 0–90% 7.00% 6.60%
Amlak Select Fixed fixed 1y 0–90% 7.00% 6.43%
Amlak Select Fixed fixed 2y 0–90% 7.00% 6.50%
Amlak Select Fixed fixed 3y 0–90% 7.00% 6.56%
Amlak Premium Fixed fixed 4y 0–90% 7.30% 6.77%
Amlak Premium Fixed fixed 5y 0–90% 7.30% 6.84%
Amlak Select Fixed fixed 4y 0–90% 7.30% 6.74%
Amlak Select Fixed fixed 5y 0–90% 7.30% 6.81%

Owner-occupied, interest only

ProductTypeLVR RateComparison
Amlak Select Basic variable 0–80% 6.30% 6.40%
Amlak Premium Basic variable 0–80% 6.34% 6.44%
Amlak Select Offset variable 0–80% 6.40% 6.50%
Amlak Premium Offset variable 0–80% 6.44% 6.34%
Amlak Premium Fixed fixed 1y 0–80% 7.40% 6.61%
Amlak Premium Fixed fixed 2y 0–80% 7.40% 6.70%
Amlak Premium Fixed fixed 3y 0–80% 7.40% 6.78%
Amlak Select Construction variable 0–80% 7.40% 7.52%
Amlak Select Fixed fixed 1y 0–80% 7.40% 6.57%
Amlak Select Fixed fixed 2y 0–80% 7.40% 6.67%
Amlak Select Fixed fixed 3y 0–80% 7.40% 6.75%
Amlak Premium Construction variable 0–80% 7.44% 7.56%
Amlak Select Construction variable 80.01–90% 7.67% 7.66%
Amlak Premium Fixed fixed 4y 0–80% 7.70% 6.97%
Amlak Premium Fixed fixed 5y 0–80% 7.70% 7.06%
Amlak Select Fixed fixed 4y 0–80% 7.70% 6.94%
Amlak Select Fixed fixed 5y 0–80% 7.70% 7.04%
Amlak Premium Construction variable 80.01–90% 7.71% 7.83%

Investment, principal and interest

ProductTypeLVR RateComparison
Amlak Select Basic variable 0–80% 6.41% 6.51%
Amlak Premium Basic variable 0–80% 6.44% 6.54%
Amlak Select Offset variable 0–80% 6.54% 6.64%
Amlak Premium Offset variable 0–80% 6.54% 6.64%
Amlak Select Basic variable 80.01–90% 6.64% 6.74%
Amlak Premium Basic variable 80.01–90% 6.64% 6.74%
Amlak Select Offset variable 80.01–90% 6.74% 6.84%
Amlak Premium Offset variable 80.01–90% 6.74% 6.84%
Amlak Premium Fixed fixed 1y 0–90% 7.20% 6.68%
Amlak Premium Fixed fixed 2y 0–90% 7.20% 6.74%
Amlak Premium Fixed fixed 3y 0–90% 7.20% 6.80%
Amlak Select Fixed fixed 1y 0–90% 7.20% 6.68%
Amlak Select Fixed fixed 2y 0–90% 7.20% 6.74%
Amlak Select Fixed fixed 3y 0–90% 7.20% 6.80%
Amlak Premium Fixed fixed 4y 0–90% 7.50% 6.97%
Amlak Premium Fixed fixed 5y 0–90% 7.50% 7.04%
Amlak Select Fixed fixed 4y 0–90% 7.50% 6.97%
Amlak Select Fixed fixed 5y 0–90% 7.50% 7.04%

Investment, interest only

ProductTypeLVR RateComparison
Amlak Premium Basic variable 0–80% 6.54% 6.64%
Amlak Select Basic variable 0–80% 6.64% 6.74%
Amlak Select Offset variable 0–80% 6.64% 6.74%
Amlak Premium Offset variable 0–80% 6.64% 6.74%
Amlak Select Basic variable 80.01–90% 6.74% 6.84%
Amlak Premium Basic variable 80.01–90% 6.74% 6.84%
Amlak Select Offset variable 80.01–90% 6.84% 6.94%
Amlak Premium Offset variable 80.01–90% 6.84% 6.94%
Amlak Premium Construction variable 0–80% 7.54% 7.66%
Amlak Select Construction variable 0–80% 7.54% 7.79%
Amlak Premium Fixed fixed 1y 0–80% 7.60% 6.81%
Amlak Premium Fixed fixed 2y 0–80% 7.60% 6.90%
Amlak Premium Fixed fixed 3y 0–80% 7.60% 6.98%
Amlak Select Fixed fixed 1y 0–80% 7.60% 6.81%
Amlak Select Fixed fixed 2y 0–80% 7.60% 6.90%
Amlak Select Fixed fixed 3y 0–80% 7.60% 6.98%
Amlak Premium Construction variable 80.01–90% 7.86% 7.98%
Amlak Select Construction variable 80.01–90% 7.86% 7.98%
Amlak Premium Fixed fixed 4y 0–80% 7.90% 7.17%
Amlak Premium Fixed fixed 5y 0–80% 7.90% 7.27%
Amlak Select Fixed fixed 4y 0–80% 7.90% 7.17%
Amlak Select Fixed fixed 5y 0–80% 7.90% 7.27%

Left out of the figures above

ProductWhy it is outRate
Amlak Select Package (No Offset) Eligibility 6.09%
Amlak Premium Package (No Offset) Eligibility 6.14%
Amlak Select Package (With Offset) Eligibility 6.19%
Amlak Premium Package (With Offset) Eligibility 6.24%
Amlak SMSF Eligibility 7.04%

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

MCCA last moved a rate line on Thursday 10 September. 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 MCCA told you, it is usually one of these.

The published data is wrong

MCCA 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: MCCA
ABN: 59094145963
Product Reference Data endpoint: https://prd.pm.productdata.au/634f7ed1-e01b-44ef-8ad2-8a7465c9c40a/adapter
Data read from that endpoint on: Saturday 12 September
Rate lines published at that time: 90

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.