Australia
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Australia Loan Interest Rates
| Provider | Rate | Type | ||
|---|---|---|---|---|
 |
Macquarie Bank Variable Rate Home Loan Rate below is calculated for a loan amount of $150,000 over the period of 25 years. Owner Occupier +Follow |
3.09% APR 3.09% |
- | Apply Dec 2019 |
 |
UBank Variable Rate Home Loan Rate indicated is applicable to the UHomeLoan (base rate) product. +Follow |
3.09% APR 3.09% |
- | Apply Aug 2019 |
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Bankwest Complete Variable Home Loan For further information, please visit the Bankwest website. Rate is applicable to the product 'complete variable home loan' +Follow |
3.19% APR 4.04% |
- | Apply Sep 2019 |
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Bendigo Bank Standard Variable Home Loan This rate is applicable to loan amounts greater than $500,000. For further information, please visit the Bendigo Bank website. Rate is applicable to the product 'Residential Variable Home Loan'. +Follow |
3.24% APR 3.43% |
- | Apply Jan 2020 |
 |
HSBC Australia Variable Rate Home Loan
Rate indicated is applicable to HSBC Variable Home Loan Rate. Please refer to the HSBC bank website for full details. |
3.27% APR 3.71% |
- | Apply Sep 2019 |
 |
Bank Australia Basic Home Loan The rate for the comparison rate is based on a loan of $150,000 for 25 years. The rate indicated is for owner occupier purposes but can be used for investment but other rates may apply. +Follow |
3.35% APR 3.36% |
- | Apply Aug 2019 |
 |
CBA 3 Year Fixed Rate Home Loan OO Rate indicated is the fixed Interest Rate based on the 'Standard Fixed Rate' product for a term of 3 years. The rate is for 'Fixed Rates with Wealth Package (owner occupied)' +Follow |
3.43% APR 4.68% |
Fixed | Apply Aug 2019 |
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Suncorp Bank Variable Rate Home Loan Rate indicated is Suncorp Bank's standard variable rate. Please refer to the Suncorp Bank website for full details. +Follow |
3.59% APR 3.99% |
- | Apply Aug 2019 |
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NAB Base Variable Rate Home Loan Interest Only Rate is available for or owner occupied and investment home loans and is made from the NAB Base Variable Rate Home Loan Rate minus the product margin applied during the Interest Only period. +Follow |
3.85% APR 3.89% |
Interest Only Home Loan | Apply Aug 2019 |
 |
ING Direct Variable Rate Home Loan
Rate indicated is applicable to the Orange Advantage Home Loan
product. Please refer to the ING Direct bank website for full details. |
3.93% APR 4.25% |
- | Apply Mar 2019 |
Australian Consumer credit regulation
In Australia, all credit providers and credit assistance providers who provide loans must be licensed with ASIC or be an authorised representative of someone who is licensed.
Short term loans legislation
As from 1 March 2013, A law prohibits short term loans that you must pay in 15 days or less for loans less than $2,000 and that these fees are also capped, however ADIs eg banks are credit unions are exempt from this legislation or continuing contracts such as credit cards.
Medium Amount Loans
Loan amounts from 2,001 and |$5000 to be repaid between 16 days and 24 months are limited with a maximum annual interest rate cap of 48%. For more information on short term, medium term and long term loan legislation visit moneysmart.gov.au