Compare banks variable rates mortgages

Find home loans from a wide range of Australian lenders that best suit your needs, whether you're investing, refinancing or looking to buy your first home. Compare interest rates, mortgage repayments, fees and more. - Data last updated on 23 Jul 2018

Compare banks variable rates mortgages

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Discount Variable Investment Loan (Principal and Interest) (LVR<80%)
Advertised rate
4.44%
Variable
Comparison rate*
4.49%
Monthly repayment
$1,258
Real Time Rating™

3.43 / 5

Compare
Premier Standard Variable Home LoanSpecialAvailable on new Premier home loan borrowings from $50,000 when applying by 31 July 2018
Advertised rate
3.69%
Variable
Comparison rate*
3.70%
Monthly repayment
$1,149
Real Time Rating™

4.43 / 5

Compare
Special Low Variable Rate Home Loan (LVR < 80%)
Advertised rate
3.79%
Variable
Comparison rate*
3.79%
Monthly repayment
$1,163
Real Time Rating™

4.29 / 5

Compare
Basic Home Loan (LVR < 80%)SpecialEstablishment fee waived for Variable Basic Home Loans until 30 September 2018
Advertised rate
3.86%
Variable
Comparison rate*
3.87%
Monthly repayment
$1,173
Real Time Rating™

4.21 / 5

Compare
Premium Plus Package Variable Rate Home Loan Special (Principal and Interest) (LVR < 90%)SpecialIncludes a discounted rate off the Premium Plus Package Variable Rate Tier 4 home loan when meeting certain eligibility requirements.
Advertised rate
3.64%
Variable
Comparison rate*
4.03%
Monthly repayment
$1,142
Real Time Rating™

4.59 / 5

Compare
Essential Home Loan ($100k+)SpecialStandard Establishment fee of $350 and Settlement fee of $250 waived
Advertised rate
4.04%
Variable
Comparison rate*
4.07%
Monthly repayment
$1,199
Real Time Rating™

3.91 / 5

Compare
Professional Package Home Loan (Principal and Interest) ($250k-$500k)
Advertised rate
4.07%
Variable
Comparison rate*
4.45%
Monthly repayment
$1,204
Real Time Rating™

4.01 / 5

Compare
Real Deal Variable Home Loan (Principal and Interest) (Introductory)
Advertised rate
4.40%
Intro 36 months
Comparison rate*
4.62%
Monthly repayment
$1,289
Real Time Rating™

3.53 / 5

Compare
Discount Variable Home Loan
Advertised rate
4.64%
Variable
Comparison rate*
4.69%
Monthly repayment
$1,288
Real Time Rating™

3.15 / 5

Compare
Extra Investment Loan (Interest Only)
Advertised rate
5.18%
Variable
Comparison rate*
4.75%
Monthly repayment
$1,370
Real Time Rating™

2.53 / 5

Compare
3 Year Special Economiser Home Loan (Low Doc)
Advertised rate
4.29%
Intro 36 months
Comparison rate*
4.78%
Monthly repayment
$1,306
Real Time Rating™

3.52 / 5

Compare
Extra Investment Loan - 4 Year Introductory Rate (Interest Only) (First Home Buyer)
Advertised rate
4.19%
Intro 48 months
Comparison rate*
4.85%
Monthly repayment
$1,331
Real Time Rating™

3.61 / 5

Compare
Premium Home LoanSpecialApply for a 3 month break in repayments for environmental upgrades to your home
Advertised rate
4.82%
Variable
Comparison rate*
4.86%
Monthly repayment
$1,315
Real Time Rating™

3.33 / 5

Compare
Basic Investment Loan (Principal and Interest)SpecialEstablishment fee waived for Variable Basic Home Loans until 30 September 2018
Advertised rate
4.87%
Variable
Comparison rate*
4.91%
Monthly repayment
$1,322
Real Time Rating™

2.93 / 5

Compare
Premium Plus Package Variable Rate Home Loan (Principal and Interest) (Amounts < $500k)
Advertised rate
4.57%
Variable
Comparison rate*
4.94%
Monthly repayment
$1,277
Real Time Rating™

3.42 / 5

Compare
Premium Investment Loan (Principal and Interest)
Advertised rate
5.17%
Variable
Comparison rate*
5.21%
Monthly repayment
$1,368
Real Time Rating™

2.88 / 5

Compare
Discount Variable Investment Loan
Advertised rate
5.19%
Variable
Comparison rate*
5.25%
Monthly repayment
$1,371
Real Time Rating™

2.56 / 5

Compare
3 Year Special Economiser Investment Loan (Low Doc)
Advertised rate
4.97%
Intro 36 months
Comparison rate*
5.38%
Monthly repayment
$1,394
Real Time Rating™

2.7 / 5

Compare
Premium Plus Package Credit Facility Home Loan (Amounts < $500k)
Advertised rate
5.10%
Variable
Comparison rate*
5.49%
Monthly repayment
$1,357
Real Time Rating™

1.58 / 5

Compare
SMSF Investment Property Loan (Principal and Interest)
Advertised rate
5.79%
Variable
Comparison rate*
5.90%
Monthly repayment
$1,465
Real Time Rating™

1.56 / 5

Compare
SMSF Investment Property Loan (Interest Only)
Advertised rate
6.30%
Variable
Comparison rate*
6.41%
Monthly repayment
$1,547
Real Time Rating™

1.49 / 5

Compare
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Whatever your borrowing needs or financial circumstances, one of the easiest ways to find banks variable rates mortgages to suit you is by using our rate comparison service. By simply entering a few details, including your desired loan amount, the size of your deposit and optimal loan term, you can compare rates from a variety of bank and non-bank lenders.

RateCity's comparison service will help you to compare home loan rates and determine how much your repayments would be on selected loans and how much you would be paying in fees. Find banks variable rates mortgages at RateCity and apply to a mortgage that suits your needs.

FAQs

Bad credit home loans can be dangerous if the borrower signs up for a loan they’ll struggle to repay. This might occur if the borrower takes out a mortgage at the limit of their financial capacity, especially if they have some combination of a low income, an insecure job and poor savings habits.

Bad credit home loans can also be dangerous if the borrower buys a home in a stagnant or falling market – because if the home has to be sold, they might be left with ‘negative equity’ (where the home is worth less than the mortgage).

That said, bad credit home loans can work out well if the borrower is able to repay the mortgage – for example, if they borrow conservatively, have a decent income, a secure job and good savings habits. Another good sign is if the borrower buys a property in a market that is likely to rise over the long term.

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.

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