VARIABLE RATE MORTGAGES Compare loans and calculate your repayments

Variable Rate Mortgages

Variable rate mortgages are a popular home loan choice for Australian borrowers. By searching and comparing variable rate mortgages online you can feel confident you have found some of the best deals in the market.

Variable rate home loans offer interest rates defined by the Australian industry cash rate. When interest rates are low, lenders can pass on these rates to borrowers, making it an excellent time to secure a variable rate mortgage and reap the potential savings.

Variable rate mortgages are an attractive loan option for borrowers as it offers more flexibility than a fixed rate mortgage. As well as giving Australians some of the most competitive interest rates in the market, a variable rate home loan has a huge range of features which include redraw facilities and the option to make extra repayments at the frequency of your choosing.

Unlike a fixed rate mortgage, your repayments will change along with the market rate fluctuation, making it harder to budget. On the plus side, this will allow you to benefit from any interest rates falls. But this also means that you need to accommodate for interest rate rises. It’s a great idea to try and factor in a two percent buffer to allow for interest rate movements so you are prepared for an increase in your home loan repayments.

If you are unsure about whether to choose a fixed or variable interest rate you could consider splitting your loan across both rate options, or fixing your loan for just a set period of time.

Before taking the leap it’s a great idea to arm yourself with as much information as possible by searching and comparing a range of Australian variable and fixed rate home loan options.

Start searching through thousands of home loan options below and define your search to suit your specific requirements and preferences.

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We found 37 products that match your search

Show: 10 25 All Results

Company Product Advertised Rate Comparison Rate Application Fees Monthly Repayment Star Rating Go To Site
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loans.com.au Dream Home Loan Blackboard Special 4.54% Variable 4.57% Comparison Rate $0 Application Fees $1,272.66 Monthly Repayment
Rating: 5
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UBank UHomeLoan 4.62% Variable 4.62% Comparison Rate $0 Application Fees $1,284.60 Monthly Repayment
Rating: 5
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Yellow Brick Road Rate Smasher 4.63% Variable 4.66% Comparison Rate $0 Application Fees $1,286.10 Monthly Repayment Not Rated Go to Site
CUA Fresh Start Variable 4.65% Variable 4.67% Comparison Rate $0 Application Fees $1,289.09 Monthly Repayment Not Rated Go to Site
bankmecu Basic Variable Special 4.69% Variable 4.70% Comparison Rate $0 Application Fees $1,295.09 Monthly Repayment Not Rated Go to Site
State Custodians Breathe Easy Offset 4.84% Variable 4.74% Comparison Rate $0 Application Fees $1,317.71 Monthly Repayment
Rating: 5
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HSBC Home Value 4.80% Variable 4.82% Comparison Rate $0 Application Fees $1,311.66 Monthly Repayment
Rating: 4
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State Custodians Standard Variable Offset 4.69% Variable 4.87% Comparison Rate $0 Application Fees $1,295.09 Monthly Repayment
Rating: 5
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State Custodians Peak Performance Offset 4.59% Variable 4.92% Comparison Rate $0 Application Fees $1,280.12 Monthly Repayment
Rating: 5
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IMB Budget Home Loan 4.81% Variable 4.98% Comparison Rate $445 Application Fees $1,313.17 Monthly Repayment
Rating: 5
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IMB Essentials 4.98% Variable 4.98% Comparison Rate $0 Application Fees $1,339 Monthly Repayment
Rating: 5
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BOQ Clear Path Variable Home Loan 4.87% Variable 5.00% Comparison Rate $0 Application Fees $1,322.26 Monthly Repayment
Rating: 5
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Newcastle Permanent Discounted Real Deal 3 yrs 5.15% Variable 5.09% Comparison Rate $0 Application Fees $1,365.07 Monthly Repayment
Rating: 5
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Newcastle Permanent Real Deal 5.15% Variable 5.16% Comparison Rate $0 Application Fees $1,365.07 Monthly Repayment
Rating: 4
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IMB Introductory Variable 1 yr 5.41% Variable 5.17% Comparison Rate $445 Application Fees $1,405.39 Monthly Repayment
Rating: 4
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bankmecu First Homebuyers 5.09% Variable 5.18% Comparison Rate $595 Application Fees $1,355.84 Monthly Repayment Not Rated Go to Site
bankmecu Premium 250-499k 5.14% Variable 5.19% Comparison Rate $0 Application Fees $1,363.53 Monthly Repayment
Rating: 4
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Commonwealth Bank No Fee Variable Rate 5.20% Variable 5.20% Comparison Rate $0 Application Fees $1,372.78 Monthly Repayment
Rating: 3
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Newcastle Permanent Premium Plus Package Premium Variable 250-499k 4.87% Variable 5.22% Comparison Rate $0 Application Fees $1,322.26 Monthly Repayment
Rating: 5
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CUA Rate Breaker 4.91% Variable 5.25% Comparison Rate $0 Application Fees $1,328.34 Monthly Repayment
Rating: 4
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CUA Rate Breaker Rate Breaker 10k+ 4.91% Variable 5.25% Comparison Rate $0 Application Fees $1,328.34 Monthly Repayment
Rating: 4
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Greater Building Society Ultimate Home Loan Package Variable 4.94% Variable 5.31% Comparison Rate $0 Application Fees $1,332.90 Monthly Repayment
Rating: 4
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IMB Platinum Package Standard Variable 250-499k 4.96% Variable 5.35% Comparison Rate $0 Application Fees $1,335.95 Monthly Repayment
Rating: 5
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bankmecu First Home Buyers Loan Package First Homebuyers 4.99% Variable 5.36% Comparison Rate $0 Application Fees $1,340.53 Monthly Repayment Not Rated Go to Site
bankmecu Construction 10-499k 5.04% Variable 5.42% Comparison Rate $0 Application Fees $1,348.17 Monthly Repayment Not Rated Go to Site
Data last updated August 23rd, 2014

Showing 1 - 25 of 37 results

Show: 10 25 All Results

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