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[RateGap](/)every home loan rate lenders publish, compared

# Variable home loan rates today

Every variable rate lenders advertise that anyone could take, read this
  morning.

Rates checked **Monday 2 November at 7:01 am** (Sydney time) · [browse all the data](/data)

For a home you live in, paying it down, the going variable rate is
      **5.85%**, read Monday 2 November. AAA FINANCIAL CORPORATION, Easy Street and CommFCU advertise it or less.
      The lowest advertised rate is 5.69%, from AAA FINANCIAL CORPORATION.
      Half of the 316 loans open to anyone sit between 6.28% and
      7.14%.

The going rate is where a **third distinct lender** appears in the
  sorted list, so one lender's odd price cannot set it.

[Read your own rate against it.](/) The comparison says how much of any
  difference a phone call to your own lender can close, and how much would take an application.

## By loan type

  | Loan | Going | Lowest | Middle | Lenders | Loans |
| --- | --- | --- | --- | --- | --- |
| Live in, paying it down | **5.85%** | 5.69% | 6.54% | 104 | 316 |
| Live in, interest only | **6.19%** | 5.69% | 7.23% | 79 | 214 |
| Investment, paying it down | **6.09%** | 5.69% | 6.79% | 103 | 278 |
| Investment, interest only | **6.34%** | 5.69% | 6.99% | 88 | 233 |

Going: where a third lender appears. Lowest: the lowest any lender publishes.
  Middle: half the loans are above it, half below. Loans: products anyone could take, one row per
  product.

## The three that set the going rate

AAA FINANCIAL CORPORATION, Easy Street, CommFCU. The third of them, CommFCU, publishes
  Core Variable Home Loan - Owner-occupied LVR 80… at 5.85%, and that is the going rate. Each has
  a page: [every lender](/lenders).

## Also in the data

[Fixed rates today](/market/fixed-rates), by term.
  [What moved this week](/market/changes-this-week).
  [Every lender](/lenders), with a page each.

  **How this is worked out, and what it does not tell you**

## How it is worked out

    1. Rates come from each lender's own feed under the Consumer Data Right, read each
    morning. Nobody types one in.
    2. A rate counts only if anyone could take it. Loans for particular groups, and lenders the
    capture cannot reach, are left out.
    3. Each loan counts once per profile, at its lowest advertised rate.
    4. Variable rates only. Fixed rates are [on their own page](/market/fixed-rates), by term.

## What it does not tell you

    - **Advertised rates, not offers.** A lender can say no.
    - **New-customer prices.** What existing customers pay is published
    nowhere.
    - **The rate is not the cost.** Fees sit outside it.
    [What a comparison rate adds](/research/comparison-rates).

The data is [free to download](/data), so any figure here can
  be checked.

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).