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Commonwealth Bank home loans

As one of Australia’s largest banks and one of the biggest of the “Big 4”, Commonwealth Bank (CBA) doesn't always offer the lowest rates on the market, but is able to offer competitive home loan offers, including package deals with other financial products. 

CBA has a variety of home loans available at a range of different interest rates. As a general rule, owner-occupiers get lower interest rates than investors; principal-and-interest borrowers get lower interest rates than interest-only borrowers; and borrowers with lower LVRs get lower interest rates than borrowers with higher LVRs.

Commonwealth Bank also puts different prices on its variable interest rates and its fixed interest rates. CBA’s fixed rate mortgages are available for either one, two, three, four, five or seven year terms. As a general rule, the longer you want to fix, the higher the interest rate.

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Why choose Commonwealth Bank

Benefits

  • Package options available
  • Online banking portal and mobile banking options
  • Wide variety of home loan products available
  • One of the largest banks in Australia, giving you access to a large branch network and over 4000 ATMs Australia-wide

Drawbacks

  • Most loans charge both significant upfront fees as well as ongoing monthly fees
  • Interest rates may be higher than the market average on some loans

Commonwealth Bank Home Loans

Home Loans calculator

Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios.

$
130
25 years

Your estimated mortgage repayments

$0

at interest rate 5%

Total interest payable

$0

Total loan repayments

$0

Contact a mortgage broker

Commonwealth Bank homeloans are vailable through brokers who can help find the right loan and manage your application at no charge.

broker profile picture

Faraz Haroon

NSW2765
Australian Credit Licence: 392200

Get expert advice from a home loans specialist.

I am always on the lookout for the best result for my clients. I dedicate my time to better understand my clients' goals...

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broker profile picture

Kevin Yang

NSW2000
Customer Representative Number: 553063
5.0
18 Google reviews

Get expert advice from a home loans specialist.

--Customer focused finance broker who helps clients to save money, earn money and save more time. --Coporate with 15+ f...

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broker profile picture

Matthew Herewini

NSW2107
Australian Credit Licence: 392200
3.8
788 Google reviews

Get expert advice from a home loans specialist.

Meet Matthew, a seasoned financial expert with a strong background in both mortgages and car loans. With 5 years of expe...

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About our expert

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.