Compare bank mortgage rates

Compare mortgages and calculate mortgage repayments - Data last updated on 17 Jan 2018

Compare bank mortgage rates

Advertised rate
Comparison rate*
Monthly repayment
Real Time Rating™
Estimated upfront fees
Minimum deposit %
Offset account
Redraw facility
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If you want to narrow down your home loan search by focusing on bank mortgage rates only, you can conduct a home loan rate comparison here. Bank mortgage interest rates and features vary extensively from non-bank lenders, so consider extending your home loan search to include some of Australia’s best mortgage rates.

If you need a little assistance to steer you towards some great bank mortgage rates, use the Real Time Ratings™ system. These personalised ratings assess the home loans in our database to give them a score out of five, based on key criteria such as interest rate, fees and the flexibility of the loan.

Aside from being guided by Real Time Ratings™, scouring the market online is a great way to track down a great mortgage deal. Because let’s face it, the difference between a good deal and a great deal could be thousands of dollars.

For instance, if you are considering a mortgage rate of 7.22 percent for a $300,000 loan over 25 years and you tracked down a better rate of 6.79 percent, then you might save more than $80 each month in repayments. Over 25 years that is a whopping saving of $24,000, and evidence that shopping your mortgage rate has is benefits.

Start scouring the home loan products below to find and compare some of Australia’s most competitive bank mortgage rates.


The comparison rate is a more inclusive way of comparing home loans that factors in not only on the interest rate but also the majority of upfront and ongoing charges that add to the total cost of a home loan.

The rate is calculated using an industry-wide formula based on a $150,000 loan over a 25-year period and includes things like revert rates after an introductory or fixed rate period, application fees and monthly account keeping fees.

In Australia, all lenders are required by law to publish the comparison rate alongside their advertised rate so people can compare products easily.

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