Comparison
Compare home loans
18 loans from 11 lenders, sorted by comparison rate. Set your loan size and deposit and the table narrows to what you can actually get.
| Lender & product | Interest rate | Comparison rate | Monthly repayment | Features | Actions |
|---|---|---|---|---|---|
| Northwind Mortgage Co Low Rate Variable | 5.44% p.a. | 5.49% p.a. | $3,666 per month |
| Enquire |
| Harbour Mutual Essentials Variable | 5.49% p.a. | 5.52% p.a. | $3,687 per month |
| Enquire |
| Kestrel Financial Refinance Variable | 5.52% p.a. | 5.56% p.a. | $3,699 per month |
| Enquire |
| Kestrel Financial First Home Variable | 5.58% p.a. | 5.61% p.a. | $3,723 per month |
| Enquire |
| Vantage Home Loans Value Fixed 2 Year | 5.39% p.a. | 5.74% p.a. | $3,646 per month |
| Enquire |
| Southern Cross Building Society Classic Variable | 5.79% p.a. | 5.83% p.a. | $3,810 per month |
| Enquire |
| Ironbark Lending Secure Fixed 3 Year | 5.55% p.a. | 5.86% p.a. | $3,711 per month |
| Enquire |
| Southern Cross Building Society Steady Fixed 3 Year | 5.68% p.a. | 5.88% p.a. | $3,764 per month |
| Enquire |
| Meridian Bank Flex Offset Variable | 5.64% p.a. | 5.89% p.a. | $3,748 per month |
| Enquire |
| Wattle Savings Bank Short Fixed 1 Year | 5.72% p.a. | 5.90% p.a. | $3,781 per month |
| Enquire |
| Coral Coast Credit Investor Variable | 5.89% p.a. | 5.93% p.a. | $3,851 per month |
| Enquire |
| Wattle Savings Bank Everyday Offset Variable | 5.86% p.a. | 6.02% p.a. | $3,839 per month |
| Enquire |
| Northwind Mortgage Co Investor Fixed 2 Year | 5.84% p.a. | 6.09% p.a. | $3,830 per month |
| Enquire |
| Granite Peak Bank Premier Package Variable | 5.94% p.a. | 6.32% p.a. | $3,872 per month |
| Enquire |
| Harbour Mutual Investor Interest Only | 6.29% p.a. | 6.33% p.a. | $3,407 interest only |
| Enquire |
| Meridian Bank Investor Interest Only | 6.14% p.a. | 6.38% p.a. | $3,326 interest only |
| Enquire |
| Granite Peak Bank Investor Premier Package | 6.09% p.a. | 6.44% p.a. | $3,935 per month |
| Enquire |
| Tidewater Lending Self-Employed Variable | 6.34% p.a. | 6.51% p.a. | $4,040 per month |
| Enquire |
No loans match those filters. Try widening your deposit or rate type.
Repayments assume principal and interest over the full term at the advertised rate and exclude fees. Comparison rates are based on a $150,000 loan over 25 years — the Australian standard — so they will not line up exactly with your own loan size.
Reading the table
What each column is telling you
Interest rate
The advertised rate used to calculate your interest charge. It is the number lenders market on, and on its own it is not enough to compare two loans.
Comparison rate
The rate with most compulsory fees folded in, calculated on the Australian standard of a $150,000 loan over 25 years. Use it to rank loans, then check the actual fees against your own loan size.
Monthly repayment
Principal and interest on the loan amount and term you entered, at the advertised rate. Fees are excluded and listed separately, so a real repayment will be a little higher.
Features
An offset account can save more than a small rate difference if you hold savings. Redraw lets you pull back extra repayments. Fixed loans usually cap extra repayments — check before you commit.
FAQ
About this comparison
Why is the table sorted by comparison rate and not interest rate?
Because the comparison rate includes most of the compulsory fees, so it is the fairer ranking. A loan with a very low headline rate and a $33 monthly fee can easily be the most expensive one here. You can change the sort order if you prefer.
What does "deposit from 20%" mean?
It is the smallest deposit that product accepts, derived from its maximum loan-to-value ratio. A loan with a maximum LVR of 80% needs at least a 20% deposit. Filter by your own deposit to hide loans you cannot qualify for.
Do the repayment figures include fees?
No. The repayment column is principal and interest on the loan amount you entered, at the advertised rate, over the term you chose. Ongoing and upfront fees are listed separately under each product so you can see them rather than have them blended away.
Why do fixed loans show a much higher comparison rate?
A comparison rate on a fixed loan assumes it reverts to the lender’s standard variable rate for the rest of the 25-year standard term, and revert rates are usually well above market. If you plan to renegotiate when the fixed period ends, the comparison rate overstates your real cost. Our comparison rate guide covers this.