Home Loans Leaderboards
Looking for the best-rated home loan offers on the market? Compare home loan ratings and see how we’ve ranked current Australian mortgages.
Home Loans leaderboards
- Best variable rate home loans
- Best home loans over $1 million
- Best variable rate home loans for investors
- Best interest-only investor home loan
- Best packaged home loans
- Best home loans from large banks
- Best home loans from new lenders
- Best small deposit home loans
- Best 3-year fixed rate principal and interest home loan
- Best 5-year fixed rate principal and interest home loan
- Best 3-year principal and interest investor home loans
- Best 5-year principal and interest investor home loans
- Best SMSF home loans
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 | Company | Comparison Rate* | Monthly Repayment | Features | Real Time Rating™ |
|---|---|---|---|---|---|---|---|
1 1 position up today | 2.59% Variable |  Freedom Variable | 2.67% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | ||
2 9 position up today | 2.54% Variable |  Standard Variable Home Loan | 2.54% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | ||
3 1 position down today | 2.49% Variable |  Owner Occupied Home Loan | 2.52% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | ||
4 1 position down today | 2.65% Variable |  Low Rate Home Loan | 2.67% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | ||
5 1 position down today | 2.47% Variable |  Well Balanced | 2.50% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied |
Best home loans over $1 million
RateCity's top-rated home loans for borrowing more than one million dollars. Assumes a $1 million home loan for an owner occupier, with a variable interest rate, an offset account and a maximum LVR of 80%.
Ranking | Product | Advertised Rate | Company | Comparison Rate* | Monthly Repayment | Features | Real Time Rating™ |
|---|---|---|---|---|---|---|---|
1 1 position up today | 2.59% Variable | Freedom Variable | 2.67% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | ||
2 5 position up today | 2.54% Variable | Standard Variable Home Loan | 2.54% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | ||
3 1 position down today | 2.65% Variable | Low Rate Home Loan | 2.67% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | ||
4 1 position down today | 2.66% Variable |  Yard Home Loan | 2.69% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | ||
5 1 position down today | 2.47% Variable | Well Balanced | 2.50% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied |
Best variable rate home loans for investors
RateCity's top-rated investment home loans with variable interest rates. Assumes a $400,000 mortgage and a maximum LVR of 80%.
Ranking | Product | Advertised Rate | Company | Comparison Rate* | Monthly Repayment | Features | Real Time Rating™ |
|---|---|---|---|---|---|---|---|
1 2 position up today | 2.84% Variable | Freedom Variable | 2.84% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | ||
2 8 position up today | 2.84% Variable | Investment Variable Home Loan | 2.84% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | ||
3 1 position down today | 2.82% Variable | Well Balanced | 2.85% | $0 | Redraw facility Offset Account Borrow up to 90% Extra Repayments Interest Only Owner Occupied | ||
4 1 position down today | 2.90% Variable | Low Rate Home Loan | 2.92% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | ||
5 1 position down today | 2.84% Variable |  Straightforward Investment Loan | 2.87% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied |
Best interest-only investor home loan
RateCity's top-rated interest-only investor home loans. Assumes a $400,000 mortgage with a maximum LVR of 80%, paying interest only at a fixed rate for a five year term.
Ranking | Product | Advertised Rate | Company | Comparison Rate* | Monthly Repayment | Features | Real Time Rating™ |
|---|---|---|---|---|---|---|---|
1 4 position up today | 3.29% Fixed - 5 years |  Mortgage Plus | 3.70% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | ||
2 10 position up today | 3.24% Fixed - 5 years |  Fixed Rate Loan | 4.57% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | ||
3 1 position down today | 3.29% Fixed - 5 years |  Premier Advantage Package | 4.17% | $0 | Redraw facility Offset Account Borrow up to 90% Extra Repayments Interest Only Owner Occupied | ||
4 1 position down today | 3.25% Fixed - 5 years |  Wealth Builder Investor Package | 3.79% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied | ||
5 1 position down today | 3.34% Fixed - 5 years |  Investment Fixed | 3.07% | $0 | Redraw facility Offset Account Borrow up to 90% Extra Repayments Interest Only Owner Occupied |
Best packaged home loans
RateCity's top-rated home loans that are available as a package with one or more other financial products, such as a credit card or bank account. Assumes a $400,000 mortgage with a variable interest rate for an owner occupier.
Ranking | Product | Advertised Rate | Company | Comparison Rate* | Monthly Repayment | Features | Real Time Rating™ |
|---|---|---|---|---|---|---|---|
1 1 position up today | 2.83% Variable | Low Rate Line of Credit Home Loan | 2.85% | $0 | Redraw facility Offset Account Borrow up to 70% Extra Repayments Interest Only Owner Occupied | ||
2 1 position down today | 2.64% Variable |  First Home Premium Package | 2.66% | $0 | Redraw facility Offset Account Borrow up to 95% Extra Repayments Interest Only Owner Occupied | ||
3 9 position up today | 2.84% Variable |  Offset Home Loan | 3.11% | $0 | Redraw facility Offset Account Borrow up to 70% Extra Repayments Interest Only Owner Occupied | ||
4 1 position down today | 3.04% Variable |  Home Package Plus | 3.05% | $0 | Redraw facility Offset Account Borrow up to 90% Extra Repayments Interest Only Owner Occupied | ||
5 1 position down today | 2.89% Variable |  Home Loan Package | 3.31% | $0 | Redraw facility Offset Account Borrow up to 80% Extra Repayments Interest Only Owner Occupied |
Best home loans from large banks
RateCity's top-rated home loans from one of Australia’s major financial institutions. Assumes a $400,000 mortgage for an owner-occupier, with a variable interest rate and a maximum LVR of 80%.
Ranking | Product | Advertised Rate | Company | Comparison Rate* | Monthly Repayment | Features | Real Time Rating™ |
|---|---|---|---|---|---|---|---|
1 1 position up today | 2.79% Variable |  Basic Home Loan | 2.81% | $0 | Redraw facility Offset Account Borrow up to 95% Extra Repayments Interest Only Owner Occupied | ||
3 2 position down today | 2.99% Variable | Back to Basics Home Loan | 2.87% | $0 | Redraw facility Offset Account Borrow up to 90% Extra Repayments Interest Only Owner Occupied |