Best small deposit home loans

RateCity's top-rated home loans with a deposit requirement of 5% or less. Assumes a $400,000 mortgage for an owner occupier with a variable interest rate and a maximum LVR of 95% or more.

Ranking
Product
Advertised Rate
Comparison Rate*
Company
Monthly Repayment
Features
Real Time Rating™
1
2 position up today

2.87%

Variable

2.93%

Endeavour Mutual Bank

$718

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

2.39

/ 5
2
2 position up today

2.45%

Variable

2.50%

Illawarra Credit Union

$1.2k

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

3.49

/ 5
3
1 position up today

2.99%

Variable

3.02%

Geelong Bank

$748

Redraw facility
Offset Account
Borrow up to 97%
Extra Repayments
Interest Only
Owner Occupied

1.59

/ 5
4
1 position up today

3.29%

Variable

3.08%

Freedom Lend

$823

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

1.90

/ 5
5
1 position up today

2.29%

Intro 24 months

2.72%

Westpac

$1.2k

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

3.29

/ 5
6
1 position up today

2.59%

Variable

2.63%

Easy Street Financial Services

$1.2k

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

3.28

/ 5
7
3 position down today

3.20%

Variable

2.98%

Regional Australia Bank

$800

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

1.58

/ 5
8
1 position down today

2.64%

Variable

2.66%

G&C Mutual Bank

$1.2k

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

3.19

/ 5
9
3 position up today

3.29%

Variable

3.72%

Transport Mutual Credit Union

$823

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

1.46

/ 5
10
1 position down today

2.99%

Variable

3.00%

Suncorp Bank

$1.3k

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

3.18

/ 5
11
1 position down today

2.85%

Variable

2.85%

Defence Bank

$1.2k

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

3.04

/ 5
12
1 position down today

2.75%

Variable

2.77%

RACQ Bank

$1.2k

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

2.89

/ 5
13
5 position up today

2.74%

Variable

2.74%

MyLife MyFinance

$1.2k

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

2.75

/ 5
14
1 position up today

3.50%

Variable

3.46%

BCU

$875

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

1.72

/ 5
15
1 position up today

3.49%

Variable

3.55%

Goldfields Money

$873

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

1.67

/ 5
16
1 position down today

3.44%

Variable

3.48%

WAW Credit Union

$860

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

1.56

/ 5
17
3 position down today

2.99%

Variable

3.03%

Newcastle Permanent

$1.3k

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

2.88

/ 5
18
7 position up today

2.87%

Variable

2.90%

Sydney Mutual Bank

$1.2k

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

2.69

/ 5
19
1 position up today

2.94%

Variable

2.97%

Yellow Brick Road

$1.3k

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

2.61

/ 5
20
1 position down today

2.94%

Variable

2.97%

RESI Mortgage Corp

$1.3k

Redraw facility
Offset Account
Borrow up to 95%
Extra Repayments
Interest Only
Owner Occupied

2.61

/ 5