Real home loan rates,
compared in real time.

We track rates from dozens of Australian lenders every day, so you can see where your next mortgage actually sits before you call anyone.

Compare rates now

Rates last refreshed 12 November 2026

Lowest variable today 2.79 % p.a.
Lowest fixed (3yr) 6.24 % p.a.
Lowest refinance 2.79 % p.a.

Interest rates, not comparison rates. See the table below for comparison rates.

Compare home loans from Australian lenders

Showing 1–25 of the top 100 loans (2,130 match your filters)

Lender and product Interest rate Comparison rate* Loan type Max LVR Est. monthly repayment Features
RACQ Bank
Green Home Loan
Lowest comparison rate		2.79% p.a.2.79% p.a.Variable, P&I–$2,052Extra repayments
RACQ Bank
Green Home Loan Investment		2.79% p.a.2.79% p.a.Variable, P&I–$2,052Extra repayments
Northern Inland Credit Union Limited
Value Home Loan - Investment		5.94% p.a.5.98% p.a.Variable, P&I–$2,978Redraw, Extra repayments
Northern Inland Credit Union Limited
Value Home Loan - Owner Occupied		5.94% p.a.5.98% p.a.Variable, P&I–$2,978Redraw, Extra repayments
Regional Australia Bank
Regional Australia Bank Home Loan (Non Offset) 		6.14% p.a.6.17% p.a.Variable, P&I60%$3,043Redraw, Extra repayments
BankVic
Special Police Variable Home Loan Rate		6.18% p.a.6.18% p.a.Variable, P&I–$3,056Redraw, Offset
Regional Australia Bank
Regional Australia Bank Home Loan (Non Offset) 		6.19% p.a.6.22% p.a.Variable, P&I70%$3,059Redraw, Extra repayments
BankVic
Home Loan Special Variable Rate		6.24% p.a.6.24% p.a.Variable, P&I–$3,075Redraw, Offset, Extra repayments
People First and Heritage Bank
Discount Variable - Owner Occupied 		6.24% p.a.6.25% p.a.Variable, P&I70%$3,075Extra repayments, Redraw
Australian Military Bank
DHOAS Rate Saver Home Loan		6.24% p.a.6.27% p.a.Variable, P&I70%$3,075Redraw, Extra repayments
Bank of Sydney
BOS Basic Home Loan Owner Occupied		6.24% p.a.6.28% p.a.Variable, P&I60%$3,075Redraw, Extra repayments
Bank First
Basic Home Loan Variable LVR<60%		6.24% p.a.6.29% p.a.Variable, P&I60%$3,075Redraw, Extra repayments
The Capricornian
No Frills Owner Occupied Home Loan		6.24% p.a.6.29% p.a.Variable, P&I–$3,075Redraw, Extra repayments
BankVic
Police Variable Home Loan Rate		6.29% p.a.6.29% p.a.Variable, P&I–$3,092Redraw, Extra repayments
Macquarie Bank Limited
Macquarie Basic Home Loan		6.29% p.a.6.31% p.a.Variable, P&I70%$3,092Redraw, Extra repayments
Regional Australia Bank
Regional Australia Bank Home Loan (Non Offset) 		6.29% p.a.6.32% p.a.Variable, P&I80%$3,092Redraw, Extra repayments
BankVic
Offset Police Variable Rate Home Loan		6.33% p.a.6.33% p.a.Variable, P&I–$3,105Redraw, Offset, Extra repayments
Bank First
Basic Home Loan Variable LVR 60-70% 		6.29% p.a.6.34% p.a.Variable, P&I70%$3,092Redraw, Extra repayments
Greater Bank
Discounted Great Rate Home Loan - Variable Owner Occupied		6.34% p.a.6.35% p.a.Variable, P&I–$3,108Redraw, Extra repayments
BankVic
Fixed Rate Home Loan - 2 years		6.09% p.a.6.35% p.a.Fixed 2 yr, P&I–$3,027Extra repayments
BankVic
Home Loan Variable Rate		6.35% p.a.6.35% p.a.Variable, P&I–$3,111Redraw, Extra repayments
People First and Heritage Bank
Discount Variable - Owner Occupied 		6.34% p.a.6.35% p.a.Variable, P&I80%$3,108Extra repayments, Redraw
Macquarie Bank Limited
Macquarie Basic Home Loan		6.34% p.a.6.36% p.a.Variable, P&I80%$3,108Redraw, Extra repayments
Virgin Money
Virgin Money Lite Home Loan		6.34% p.a.6.36% p.a.Variable, P&I80%$3,108Extra repayments, Redraw
Regional Australia Bank
Regional Australia Bank Home Loan (Non Offset) 		6.34% p.a.6.37% p.a.Variable, interest only60%$2,642Redraw, Extra repayments

*WARNING: Comparison rates are calculated on a secured loan of $150,000 over 25 years and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Repayment estimates are a guide only and exclude fees. The "Refinancing" filter flags products whose own name mentions refinancing, it isn't a guaranteed indicator, confirm directly with the lender.

Rates reviewed by Gabe Rosales. Lender rates from each lender's public Consumer Data Right product data, refreshed several times a day. Cash rate from the Reserve Bank of Australia. Average rates from Canstar.

This information is general in nature and does not take into account your objectives, financial situation or needs. Consider whether it is right for you before acting on it. Confirm the current rate and eligibility with the lender before you apply.

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Where are home loan rates heading?

The RBA cash rate sets the floor for what lenders charge. When it moves, variable home loan rates usually follow within weeks.

RBA cash rate4.85%Since 3 Nov 2026
Last change +0.25% Increase
Average new variable rate6.24%Owner occupier, September 2026
Next RBA decision8 DecTuesday 8 December 2026, 2:30pm AEDT
RBA cash rate target since January 2022Step chart of the RBA cash rate, currently 4.85 per cent.0%1%2%3%4%5%202220232024202520263 May 2022: 0.35% (+0.25)7 Jun 2022: 0.85% (+0.50)5 Jul 2022: 1.35% (+0.50)2 Aug 2022: 1.85% (+0.50)6 Sep 2022: 2.35% (+0.50)4 Oct 2022: 2.60% (+0.25)1 Nov 2022: 2.85% (+0.25)6 Dec 2022: 3.10% (+0.25)7 Feb 2023: 3.35% (+0.25)7 Mar 2023: 3.60% (+0.25)2 May 2023: 3.85% (+0.25)6 Jun 2023: 4.10% (+0.25)7 Nov 2023: 4.35% (+0.25)18 Feb 2025: 4.10% (-0.25)20 May 2025: 3.85% (-0.25)12 Aug 2025: 3.60% (-0.25)3 Feb 2026: 3.85% (+0.25)17 Mar 2026: 4.10% (+0.25)5 May 2026: 4.35% (+0.25)29 Sep 2026: 4.60% (+0.25)3 Nov 2026: 4.85% (+0.25)4.85%

Source: Reserve Bank of Australia, cash rate target by decision date. Hover a point to see each decision.

Recent RBA decisions
Decision dateChangeCash rate
3 November 2026+0.25%4.85%
29 September 2026+0.25%4.60%
5 May 2026+0.25%4.35%
17 March 2026+0.25%4.10%
3 February 2026+0.25%3.85%
12 August 2025-0.25%3.60%
20 May 2025-0.25%3.85%
18 February 2025-0.25%4.10%

Common home loan questions

Compare the comparison rate, not just the advertised rate, against loans with a similar loan-to-value ratio and loan purpose to yours. On 2 October 2026 the average owner-occupier variable rate was 6.63% and the lowest was 5.79%, according to Canstar. If you are paying well above the average, it is worth asking your lender for a discount or refinancing.

The RBA cash rate, your deposit size, credit history, loan type and the lender's own funding costs all play a part. The cash rate is 4.60% after the Reserve Bank's increase on 29 September 2026. See what affects your home loan rate.

It depends on how much certainty you want in your repayments versus flexibility to make extra repayments or refinance. Many borrowers split their loan to get some of both. See fixed vs variable.

Lender rates come from each lender's public Consumer Data Right product data and are refreshed several times a day. The cash rate is updated after each Reserve Bank decision, eight times a year. The next decision is on 8 December 2026.