Comparing online may give you a better opportunity to snag a lower interest rate.
Comparing interest rates from the banks is free and easy with finder.com.au. You can sort financial products by the lowest interest rate by simply clicking the arrow on the interest rate column. You can also apply online for these financial products including for every personal and financial situation.
How to compare bank interest rates
Bank Accounts - The interest rate on your bank account also needs to be competitive in the market so you know you’re getting one of the best deals for your everyday spending.
Term Deposits - Compare interest rates on our featured term deposit accounts in the Australian market. Secure the most competitive rate to reach your savings goals sooner.
Personal Loans - The interest rate will determine how much extra you have to pay back to the bank. Our personal loan calculator will help you work out your repayments.
Credit cards - When you are comparing interest rates for credit cards you want to look for the lowest Annual Percentage Rate (APR). This is the annual percentage rate including the annual fee and interest charges.
How to compare home loan interest rates
A feature of this website is that there is a graph on the bottom of each product page showing how closely the variable interest rate movements have followed movements in the RBA cash rate. Also, each home loan product will display a graph indicating how many loan products have higher and lower interest rates.
One advantage of comparing online rather than comparing mortgages using a mortgage broker is that online comparison websites tend to have a range of online home loans with lower interest rates than can be offered by mortgage brokers.
The reason interest rates for online home loans are so low is that they don’t pay the high costs of branch networks nor do they pay expensive mortgage broker commissions, says Heidi Armstrong, Director of Operations at State Custodians.
How do interest rates impact me?
Interest rates determine how much your repayments are for whatever debt you’ve incurred. For example, if your home loan interest rate goes down, your regular repayments will drop as well. And if your lender doesn’t have as low an interest rate as you’d like, you can refinance to save money on those regular repayments.
To calculate the impact of different types of loans on your monthly repayments, you may to use our range of calculators.
Learn more and check out our range of calculators here
Gain insights on the RBA cash rate
We poll the nation’s top economists each month on where they think the RBA cash rate is heading next and also take their temperature on our economy and housing market. If you can’t make sense of how the financial markets and economy reports on the nightly news affect your home loan, our economists tell it to you straight about the impacts that really matter without the confusing jargon and ever-moving indexes.
We also track the standard variable interest rates from a range of lenders to give you an indication of whether they have been passing on the spell of recent Reserve Bank of Australia cash rate cuts. You can see for yourself which banks are loyal to their customers by passing on interest rate savings, rather than just offering discounts for new customers.
RBA cash rate analysis
What lenders are compared?
We compare hundreds of home loans from the major banks, to mutual banks, credit unions and building societies to online home loan providers. If you like choice and getting the best deal, it is well worth comparing home loans on finder.com.au.
Compare home loans
Interest Rate (p.a.)
Comp Rate^ (p.a.)
App Fee / Annual Service Fee
Max LVR
Monthly Payment
Loans.com.au Dream Loan Express Home Loan -
A low interest rate home loan with $0 application fee. This home loan is for people looking to refinance or purchase a property.
4.55%
4.57%
$0 / $0
80%
UBank UHomeLoan (Variable Rate)
UBank offers a leading online home loan rate available for new purchases or refinancers. No ongoing fees.
4.62%
4.62%
$0 / $0
80%
State Custodians Standard Variable Offset Loan - 80% to 90% LVR
Award winning home loan with 100% offset account optional & free. Available for new purchases and refinancing.
4.79%
5.00%
$0 / $299
90%
Loans.com.au Dream Loan Express Home Loan - 80% to 90% LVR
A low rate home loan available for those looking to refinance or purchase a property.
4.79%
4.81%
$0 / $0
90%
UBank UHomeLoan - 3 Year Fixed Rate
Lock in a great 3 year fixed term and pay no application fee or ongoing fees.
4.73%
4.79%
$0 / $0
80%
HSBC Home Value Loan
With its low variable rate and no monthly fees, the HSBC Home Value Loan could be an option for you.
4.80%
4.82%
$0 / $0
80%
Bankwest Online Home Loan
Exclusive online offer. Applicants must apply online to secure this rate.
4.88%
4.89%
$0 / $0
80%
Citibank Mortgage Plus - Standard Variable Offset 70 to 80% LVR
A variable rate packaged loan offer with offset feature
4.79%
5.14%
$0 / $350
80%
ME Bank Standard Fixed Rate Home Loan - 3 Year Fixed Rate (Eligible Members)
Access a fixed rate offer with no application or account keeping fees.
4.69%
5.22%
$0 / $0
95%
Loans.com.au Blackboard Special - 80% to 90% LVR
A low rate variable loan with offset, redraw and split loan features. Available for purchases only.
4.64%
4.66%
$0 / $0
90%
NAB National Choice Package Home Loan - 2 Year Fixed
A low fixed rate home loan package with offset. No application fee.
4.89%
5.59%
$0 / $0
80%
Newcastle Permanent Fixed Rate Home Loan - 2 year fixed
Borrow up to 95% of the property valuation. Lock in this fixed rate for repayment certainty.
4.39%
5.36%
$0 / $0
95%
RAMS Full Feature Value Advantage Package -
Enjoy 0.90% off the variable rate when you take up the Full Feature Value Advantage Package with RAMS.
4.95%
5.12%
$595 / $240
80%
Illawarra Home Loans Bank Beater Variable Home Loan
A variable home loan offer with a discount after 5 years. Includes offset account.
4.72%
5.02%
$0 / $345
80%
Bank of Queensland Clear Path Variable Rate Home Loan
A variable rate interest home loan offer from Bank of Queensland. No application fee.
4.94%
5.07%
$0 / $10
80%
RAMS Low Rate Home Loan
Options to borrow up to 97% LVR - a competitive low rate home loan option.
5.04%
5.45%
$595 / $240
95%
Aussie Mortgage Broker Deal
Access a great low rate through Aussie Mortgage Brokers.
4.64%
4.98%
$0 / $0
90%
NAB National Choice Package Variable Rate - ($250,000 and above)
A great package home loan offer from NAB.
5.08%
5.46%
$0 / $0
80%
Newcastle Permanent Fixed Rate Home Loan - 1 year fixed
Borrow up to 95% of the property valuation. Lock in this fixed rate for repayment certainty.
4.29%
5.46%
$0 / $0
95%
Resi Home Loans Flexi Fix - 3 Years Fixed Rate
A low fixed rate home loan option with split rate facility and no application fee.
4.78%
5.32%
$0 / $330
75%
State Custodians Breathe Easy Offset Loan - 80% to 90% LVR
100% offset account facility with loyalty rate drop of 0.25% p.a after 5 years.
4.94%
4.85%
$0 / $0
90%
HSBC Premier Home Loan
A discounted package loan for borrowings over $500 000. Includes offset facility.
4.90%
5.32%
$0 / $420
80%
Citibank Fixed Rate Loan - 2 Year Fixed Rate
Citibank have released this low rate fixed rate option. Lock in this rate and get certainty with your repayments.
4.99%
6.09%
$399 / $96
90%
State Custodians Peak Performance Offset Home Loan
Take advantage of the offset facility and the low rate to minimise your interest.
4.59%
4.92%
$0 / $299
80%
AMP Bank Essential Home Loan
A great variable home loan offer from AMP. A basic home loan offer with the essentials.
4.90%
4.92%
$0 / $0
80%
Homeloans Ultra Plus Home Loan - Below 75% LVR
No application fee and a low rate variable offer.
4.97%
5.29%
$0 / $330
75%
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