Best variable rate home loans

RateCity's top-rated home loans with a variable interest rate. Assumes a $400,000 mortgage with a maximum LVR of 80%.

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

2.59%

Variable

2.64%

Reduce Home Loans

$1.2k

Redraw facility
Offset Account
Borrow up to 80%
Extra Repayments
Interest Only
Owner Occupied

4.45

/ 5
2
2 position up today

2.59%

Variable

2.61%

Freedom Lend

$648

Redraw facility
Offset Account
Borrow up to 80%
Extra Repayments
Interest Only
Owner Occupied

2.96

/ 5
3
1 position up today

2.79%

Variable

2.84%

Police Bank

$698

Redraw facility
Offset Account
Borrow up to 94.9999%
Extra Repayments
Interest Only
Owner Occupied

2.85

/ 5
4
2 position down today

2.17%

Variable

2.20%

Well Home Loans

$1.1k

Redraw facility
Offset Account
Borrow up to 80%
Extra Repayments
Interest Only
Owner Occupied

4.13

/ 5
5
12 position up today

2.19%

Variable

2.34%

Tic Toc

$1.1k

Redraw facility
Offset Account
Borrow up to 90%
Extra Repayments
Interest Only
Owner Occupied

4.11

/ 5
6
1 position down today

2.79%

Variable

2.82%

Homestar Finance

$698

Redraw facility
Offset Account
Borrow up to 80%
Extra Repayments
Interest Only
Owner Occupied

2.56

/ 5
7
1 position down today

3.04%

Variable

3.02%

Suncorp Bank

$760

Redraw facility
Offset Account
Borrow up to 90%
Extra Repayments
Interest Only
Owner Occupied

2.69

/ 5
8
1 position up today

2.78%

Variable

2.79%

Greater Bank

$695

Redraw facility
Offset Account
Borrow up to 80%
Extra Repayments
Interest Only
Owner Occupied

2.49

/ 5
9
1 position down today

2.34%

Variable

2.34%

Pacific Mortgage Group

$1.2k

Redraw facility
Offset Account
Borrow up to 80%
Extra Repayments
Interest Only
Owner Occupied

4.14

/ 5
10
1 position down today

2.79%

Variable

2.84%

Bank of Heritage Isle

$698

Redraw facility
Offset Account
Borrow up to 94.9999%
Extra Repayments
Interest Only
Owner Occupied

2.42

/ 5
11
1 position up today

2.99%

Variable

2.77%

Newcastle Permanent

$748

Redraw facility
Offset Account
Borrow up to 80%
Extra Repayments
Interest Only
Owner Occupied

2.51

/ 5
12
1 position down today

2.79%

Variable

2.86%

Resimac

$698

Redraw facility
Offset Account
Borrow up to 80%
Extra Repayments
Interest Only
Owner Occupied

2.36

/ 5
13
2 position down 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
14
2 position down today

2.79%

Variable

2.81%

loans.com.au

$698

Redraw facility
Offset Account
Borrow up to 80%
Extra Repayments
Interest Only
Owner Occupied

2.29

/ 5
15
1 position down today

2.79%

Variable

2.82%

Geelong Bank

$698

Redraw facility
Offset Account
Borrow up to 80%
Extra Repayments
Interest Only
Owner Occupied

2.06

/ 5
16
1 position down today

2.89%

Variable

2.92%

Firstmac

$723

Redraw facility
Offset Account
Borrow up to 80%
Extra Repayments
Interest Only
Owner Occupied

2.10

/ 5
17
1 position down today

1.99%

Intro 24 months

2.93%

Illawarra Credit Union

$1.2k

Redraw facility
Offset Account
Borrow up to 80%
Extra Repayments
Interest Only
Owner Occupied

3.65

/ 5
18
3 position up today

2.98%

Variable

2.86%

IMB Bank

$745

Redraw facility
Offset Account
Borrow up to 80%
Extra Repayments
Interest Only
Owner Occupied

1.96

/ 5
19
5 position up today

3.03%

Variable

2.70%

UBank

$758

Redraw facility
Offset Account
Borrow up to 80%
Extra Repayments
Interest Only
Owner Occupied

1.98

/ 5
20
1 position up today

2.44%

Variable

2.61%

Mortgage House

$1.2k

Redraw facility
Offset Account
Borrow up to 80%
Extra Repayments
Interest Only
Owner Occupied

3.64

/ 5