Australia Loan Interest Rates

Provider Rate Type
UBank Variable Rate Home Loan

Rate indicated is applicable to the UHomeLoan (base rate) product.

APR 3.62%
May 2018
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.

APR 3.66%
Nov 2018
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.

APR 4.00%
Jun 2018
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.

APR 3.73%
Interest Only Home LoanApply
Jun 2018
Macquarie Bank Variable Rate Home Loan

Rate below is calculated for a loan amount of $500,000 and house value of $600,000. Please see Macquarie Bank's website for full details.

APR 3.69%
Jun 2018
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.

APR 4.18%
Jun 2018
Bankwest Complete Variable Home Loan

For further information, please visit the Bankwest website. Rate is applicable to the product 'complete variable home loan'

APR 4.41%
Jun 2018
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)'

APR 5.15%
Dec 2018
Credit Union Australia Standard Variable Home Loan

For further information, please visit the Credit Union Australia website. Rate is applicable to the product 'The CUA Standard Variable Rate home loan '.

APR 4.08%
Jun 2018
Westpac 2 Year Fixed Rate Home Loan

This Home Loan product from Westpac gives you options as the name indicates - the Fixed Interest Rate Home Loan lets you choose 1, 2, 3, 4, 5, 7 or 10 year fixed year period. You also have an option of choosing another fixed period when the previous term comes to an end. For details or possible fees see the Westpac website.

APR 5.16%
Jun 2018
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


  • Q: Is it better getting going through a mortgage broker or direct with these banks to get a pre-approval fast?

    Reply Tania T from Surrey Hills, Australia
  • Q: What is your home loan rate for investment properties? /

    Reply Terance from Homebush, Australia
  • Q: Why is there such a big different in interest rates from the big 4 banks never had any problems ever paying anything back but trying to change banks why do they make it so hard

    Reply Ashley from Pascoe Vale, Australia