Best variable home loans

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Best variable home loans

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

Data last updated on 17 Sep 2021

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Ranking 1 1 position up today	Product Standard Variable Home Loan	Advertised Rate 1.94 % p.a Variable	Comparison Rate* 1.94 % p.a	Company Compare	Repayment $1,263 monthly	Features Redraw facility Offset Account Borrow up to 90% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 4.77 / 5
Ranking 2 1 position down today	Product Live-in Variable (With Offset)	Advertised Rate 1.89 % p.a Variable	Comparison Rate* 2.04 % p.a	Company Compare	Repayment $1,256 monthly	Features Redraw facility Offset Account Borrow up to 90% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 4.58 / 5
Ranking 3 1 position up today	Product Economizer	Advertised Rate 1.99 % p.a Variable	Comparison Rate* 2.04 % p.a	Company Compare	Repayment $1,270 monthly	Features Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 4.40 / 5
Ranking 4 71 position up today	Product Better Special Variable Loan	Advertised Rate 1.89 % p.a Variable	Comparison Rate* 1.93 % p.a	Company Compare	Repayment $1,256 monthly	Features Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 4.33 / 5
Ranking 5 1 position down today	Product Momentum Home Loan	Advertised Rate 2.09 % p.a Variable	Comparison Rate* 2.11 % p.a	Company Compare	Repayment $1,285 monthly	Features Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 4.43 / 5
Ranking 6 1 position down today	Product Well Balanced	Advertised Rate 1.99 % p.a Variable	Comparison Rate* 2.02 % p.a	Company Compare	Repayment $1,270 monthly	Features Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 4.21 / 5
Ranking 7 1 position down today	Product Star Essentials Home Loan	Advertised Rate 1.99 % p.a Variable	Comparison Rate* 2.02 % p.a	Company Compare	Repayment $1,270 monthly	Features Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 4.19 / 5
Ranking 8 1 position down today	Product Lifestyle First Refinancer Special	Advertised Rate 1.94 % p.a Variable	Comparison Rate* 1.98 % p.a	Company Compare	Repayment $1,263 monthly	Features Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 4.07 / 5
Ranking 9 1 position down today	Product Freedom Variable	Advertised Rate 2.14 % p.a Variable	Comparison Rate* 2.14 % p.a	Company Compare	Repayment $1,292 monthly	Features Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 4.34 / 5
Ranking 10 1 position down today	Product Green Home Loan	Advertised Rate 2.08 % p.a Variable	Comparison Rate* 2.36 % p.a	Company Compare	Repayment $1,283 monthly	Features Redraw facility Offset Account Borrow up to 90% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 4.21 / 5
Ranking 11 1 position down today	Product Express Home Loan	Advertised Rate 2.09 % p.a Variable	Comparison Rate* 2.26 % p.a	Company Compare	Repayment $1,285 monthly	Features Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 4.10 / 5
Ranking 12 1 position up today	Product Basic Home Loan special Establishment fee waived on Basic Home Loans of $150k+	Advertised Rate 2.29 % p.a Variable	Comparison Rate* 2.31 % p.a	Company Compare	Repayment $1,314 monthly	Features Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 3.61 / 5
Ranking 13 1 position down today	Product Basic Home Loan Cashback $3000 refinance cashback~ Ends in 13 days	Advertised Rate 2.29 % p.a Variable	Comparison Rate* 2.31 % p.a	Company Compare	Repayment $1,314 monthly	Features Redraw facility Offset Account Borrow up to 94.99% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 4.12 / 5
Ranking 14 3 position down today	Product Yard Home Loan (Special) special Yard’s low-rate variable special home loan~ Ends in about 1 month	Advertised Rate 2.09 % p.a Variable	Comparison Rate* 2.12 % p.a	Company Compare	Repayment $1,285 monthly	Features Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 3.90 / 5
Ranking 15 3 position down today	Product Ocean Owner Occupied Variable (No Annual Fee)	Advertised Rate 2.19 % p.a Variable	Comparison Rate* 2.25 % p.a	Company Compare	Repayment $1,299 monthly	Features Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 4.01 / 5
Ranking 16 13 position up today	Product Basic Home Loan Cashback $3000 refinance cashback~ Ends in 13 days	Advertised Rate 2.34 % p.a Variable	Comparison Rate* 2.36 % p.a	Company Compare	Repayment $1,322 monthly	Features Redraw facility Offset Account Borrow up to 94.99% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 4.00 / 5
Ranking 17 16 position up today	Product Basic Variable Rate (Flexi First Option) Home Loan Cashback Refinance and get $3,000 cashback for new Owner Occupier and Investment Loans. Terms and Conditions apply.*~ Ends in 13 days	Advertised Rate 2.09 % p.a Intro 24 months	Comparison Rate* 2.52 % p.a	Company Compare	Repayment $1,359 monthly	Features Redraw facility Offset Account Borrow up to 95% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 4.05 / 5
Ranking 18 1 position up today	Product FlexiDiscount Home Loan	Advertised Rate 2.19 % p.a Variable	Comparison Rate* 2.45 % p.a	Company Compare	Repayment $1,299 monthly	Features Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 3.78 / 5
Ranking 19 1 position up today	Product Owner Occupier Accelerates - Liberate (Principal and Interest) special For a chance to win $100k towards your home loan, simply apply with Athena before Oct 31 & be approved by Dec 15. T&Cs apply.~ Ends in about 1 month	Advertised Rate 2.19 % p.a Variable	Comparison Rate* 2.08 % p.a	Company Compare	Repayment $1,299 monthly	Features Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 3.69 / 5
Ranking 20 1 position down today	Product Expect More Home Loan Package	Advertised Rate 2.29 % p.a Variable	Comparison Rate* 2.31 % p.a	Company Compare	Repayment $1,314 monthly	Features Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied	Real Time Rating™ 3.87 / 5

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