- Suitable for low deposits
- Repayments will not change during fixed period
- Limited extra repayments
- No redraw and no offset
- Annual fee charged
- Discharge fee at end of loan
Interest rate structure
Fixed - 1 year
$150k - $100m
Principal & interest
Loan term range
1 - 30 years
Allowed with restrictions
Allows split interest
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Estimated upfront fees
Minimum SMSF Amount
- Cashback $2,000 cashback for refinances of eligible home loans to CommBank
Everyday Offset Account fee is $10/month whereas the Mortgage Interest Saver Offset Account is free
Compare and review home loans with similar features
Commbank home loan rates
Commonwealth Bank isn’t known for offering low interest rates or for trying to undercut its competitors. Instead, Commonwealth Bank home loan rates tend to be middle of the market – definitely not the cheapest but not the dearest either.
CBA has a range of home loan products that come with 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 high LVRs.
Commonwealth Bank also puts different prices on its variable interest rates and its fixed interest rates. There are also differences within its fixed-rate mortgages, which can be for either one, two, three, four, five or seven years. As a general rule, the longer you want to fix, the higher the interest rate.