Home loans · Fixed vs variable

Fixed vs variable home loan rates

Every lender's variable rate beside its own 1 to 5 year fixed rates, and what fixing costs a month on your loan.

Deposit

Repayments at the advertised rate over 30 years, before fees.

The lowest of each across lenders. Under a fixed rate: its cost a month against the lowest variable.

Every lender's rates

43 lenders · $600,000 with a 20% deposit, to live in

Under each fixed rate: what it costs a month against the same lender's variable.

Rank	Lender							Go to site
1	Unloan	6.05%	–	–	–	–	–

2	SWSbank	6.10%	6.16%+$236 a month	6.27%+$332 a month	6.31%+$292 a month	–	–
SWSbank's variable rate against its fixed rates, on $600,000 VariableThe baselineStandard Variable Standard Variable 6.10% comparison6.10% advertised $3,636 a monthprincipal and interest 1 yr fixedOptimum Fixed Optimum Fixed 6.16% comparison6.70% advertised +$236 a monthagainst its variable 2 yr fixedOptimum Fixed Optimum Fixed 6.27% comparison6.94% advertised +$332 a monthagainst its variable 3 yr fixedOptimum Fixed Optimum Fixed 6.31% comparison6.84% advertised +$292 a monthagainst its variable 4 yr fixed Not offered for these choices 5 yr fixed Not offered for these choices Go to site
3	MoveBank	6.19%	6.59%+$157 a month	6.59%+$157 a month	6.54%+$137 a month	–	6.74%+$217 a month
MoveBank's variable rate against its fixed rates, on $600,000 VariableThe baselineEveryday Everyday 6.19% advertisedNo comparison rate $3,671 a monthprincipal and interest 1 yr fixedEveryday Everyday 6.59% advertisedNo comparison rate +$157 a monthagainst its variable 2 yr fixedEveryday Everyday 6.59% advertisedNo comparison rate +$157 a monthagainst its variable 3 yr fixedEveryday Everyday 6.54% advertisedNo comparison rate +$137 a monthagainst its variable 4 yr fixed Not offered for these choices 5 yr fixedEveryday Everyday 6.74% advertisedNo comparison rate +$217 a monthagainst its variable Go to site
4	Up	6.20%	6.23%+$98 a month	6.25%+$98 a month	6.30%+$137 a month	6.36%+$177 a month	6.40%+$177 a month
Up's variable rate against its fixed rates, on $600,000 VariableThe baselineUp Home Loan Up Home Loan 6.20% comparison6.20% advertised $3,675 a monthprincipal and interest 1 yr fixedUp Home Loan Up Home Loan 6.23% comparison6.45% advertised +$98 a monthagainst its variable 2 yr fixedUp Home Loan Up Home Loan 6.25% comparison6.45% advertised +$98 a monthagainst its variable 3 yr fixedUp Home Loan Up Home Loan 6.30% comparison6.55% advertised +$137 a monthagainst its variable 4 yr fixedUp Home Loan Up Home Loan 6.36% comparison6.65% advertised +$177 a monthagainst its variable 5 yr fixedUp Home Loan Up Home Loan 6.40% comparison6.65% advertised +$177 a monthagainst its variable Go to site
5	Homestar Finance	6.23%	6.46%+$521 a month	6.58%+$521 a month	6.68%+$521 a month	6.78%+$521 a month	6.87%+$521 a month
Homestar Finance's variable rate against its fixed rates, on $600,000 VariableThe baselineStar Essentials Star Essentials 6.23% comparison6.23% advertised $3,687 a monthprincipal and interest 1 yr fixedStar Classic Star Classic 6.46% comparison7.53% advertised +$521 a monthagainst its variable 2 yr fixedStar Classic Star Classic 6.58% comparison7.53% advertised +$521 a monthagainst its variable 3 yr fixedStar Classic Star Classic 6.68% comparison7.53% advertised +$521 a monthagainst its variable 4 yr fixedStar Classic Star Classic 6.78% comparison7.53% advertised +$521 a monthagainst its variable 5 yr fixedStar Classic Star Classic 6.87% comparison7.53% advertised +$521 a monthagainst its variable Go to site
6	loans.com.au	6.23%	6.41%+$357 a month	6.49%+$357 a month	6.56%+$357 a month	6.74%+$479 a month	6.85%+$479 a month
loans.com.au's variable rate against its fixed rates, on $600,000 VariableThe baselineBare Bare 6.23% comparison6.19% advertised $3,671 a monthprincipal and interest 1 yr fixedFixed Bold Fixed Bold 6.41% comparison7.09% advertised +$357 a monthagainst its variable 2 yr fixedFixed Bold Fixed Bold 6.49% comparison7.09% advertised +$357 a monthagainst its variable 3 yr fixedFixed Bold Fixed Bold 6.56% comparison7.09% advertised +$357 a monthagainst its variable 4 yr fixedFixed Bold Fixed Bold 6.74% comparison7.39% advertised +$479 a monthagainst its variable 5 yr fixedFixed Bold Fixed Bold 6.85% comparison7.39% advertised +$479 a monthagainst its variable Go to site
7	Mortgage House	6.23%	6.29%+$237 a month	6.35%+$237 a month	7.26%+$237 a month	–	7.34%+$398 a month
Mortgage House's variable rate against its fixed rates, on $600,000 VariableThe baselineChameleon Executive 80 Chameleon Executive 80 6.23% comparison6.19% advertised $3,671 a monthprincipal and interest 1 yr fixedFix & Save Fixed Fix & Save Fixed 6.29% comparison6.79% advertised +$237 a monthagainst its variable 2 yr fixedFix & Save Fixed Fix & Save Fixed 6.35% comparison6.79% advertised +$237 a monthagainst its variable 3 yr fixedFix & Save Fixed Fix & Save Fixed 7.26% comparison6.79% advertised +$237 a monthagainst its variable 4 yr fixed Not offered for these choices 5 yr fixedFix & Save Fixed Fix & Save Fixed 7.34% comparison*7.19% advertised +$398 a monthagainst its variable Go to site
8	Newcastle Permanent	6.23%	8.20%+$78 a month	8.03%+$78 a month	7.88%+$78 a month	7.78%+$118 a month	7.67%+$118 a month
Newcastle Permanent's variable rate against its fixed rates, on $600,000 VariableThe baselineReal Deal Real Deal 6.23% comparison6.19% advertised $3,671 a monthprincipal and interest 1 yr fixedPremium Plus FixedWith the Premium Plus Home Loan Package · $395 a year Premium Plus FixedWith the Premium Plus Home Loan Package · $395 a year 8.20% comparison6.39% advertised +$78 a monthagainst its variable 2 yr fixedPremium Plus FixedWith the Premium Plus Home Loan Package · $395 a year Premium Plus FixedWith the Premium Plus Home Loan Package · $395 a year 8.03% comparison6.39% advertised +$78 a monthagainst its variable 3 yr fixedPremium Plus FixedWith the Premium Plus Home Loan Package · $395 a year Premium Plus FixedWith the Premium Plus Home Loan Package · $395 a year 7.88% comparison6.39% advertised +$78 a monthagainst its variable 4 yr fixedPremium Plus FixedWith the Premium Plus Home Loan Package · $395 a year Premium Plus FixedWith the Premium Plus Home Loan Package · $395 a year 7.78% comparison6.49% advertised +$118 a monthagainst its variable 5 yr fixedPremium Plus FixedWith the Premium Plus Home Loan Package · $395 a year Premium Plus FixedWith the Premium Plus Home Loan Package · $395 a year 7.67% comparison6.49% advertised +$118 a monthagainst its variable Go to site
9	Southern Cross Credit Union	6.28%	6.30%+$81 a month	6.34%+$120 a month	6.40%+$159 a month	6.50%+$238 a month	6.59%+$277 a month
Southern Cross Credit Union's variable rate against its fixed rates, on $600,000 VariableThe baselinePremiumWith a package · $395 a year PremiumWith a package · $395 a year 6.28% comparison5.93% advertised $3,570 a monthprincipal and interest 1 yr fixedPremiumWith a package · $395 a year PremiumWith a package · $395 a year 6.30% comparison6.14% advertised +$81 a monthagainst its variable 2 yr fixedPremiumWith a package · $395 a year PremiumWith a package · $395 a year 6.34% comparison6.24% advertised +$120 a monthagainst its variable 3 yr fixedPremiumWith a package · $395 a year PremiumWith a package · $395 a year 6.40% comparison6.34% advertised +$159 a monthagainst its variable 4 yr fixedPremiumWith a package · $395 a year PremiumWith a package · $395 a year 6.50% comparison6.54% advertised +$238 a monthagainst its variable 5 yr fixedPremiumWith a package · $395 a year PremiumWith a package · $395 a year 6.59% comparison6.64% advertised +$277 a monthagainst its variable Go to site
10	Tiimely	6.30%	6.32%+$79 a month	6.33%+$79 a month	6.38%+$118 a month	6.44%+$158 a month	6.47%+$158 a month
Tiimely's variable rate against its fixed rates, on $600,000 VariableThe baselineBasic Basic 6.30% comparison6.29% advertised $3,710 a monthprincipal and interest 1 yr fixedBasic Basic 6.32% comparison6.49% advertised +$79 a monthagainst its variable 2 yr fixedBasic Basic 6.33% comparison6.49% advertised +$79 a monthagainst its variable 3 yr fixedBasic Basic 6.38% comparison6.59% advertised +$118 a monthagainst its variable 4 yr fixedBasic Basic 6.44% comparison6.69% advertised +$158 a monthagainst its variable 5 yr fixedBasic Basic 6.47% comparison6.69% advertised +$158 a monthagainst its variable Go to site
11	Regional Australia Bank	6.32%	6.33%+$39 a month	6.34%+$51 a month	6.35%+$47 a month	6.45%+$146 a month	6.55%+$206 a month
Regional Australia Bank's variable rate against its fixed rates, on $600,000 VariableThe baselineNon Offset Non Offset 6.32% comparison6.29% advertised $3,710 a monthprincipal and interest 1 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.33% comparison6.39% advertised +$39 a monthagainst its variable 2 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.34% comparison6.42% advertised +$51 a monthagainst its variable 3 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.35% comparison6.41% advertised +$47 a monthagainst its variable 4 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.45% comparison6.66% advertised +$146 a monthagainst its variable 5 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.55% comparison6.81% advertised +$206 a monthagainst its variable Go to site
12	easyStreet	6.34%	6.36%+$98 a month	6.39%+$98 a month	6.38%+$59 a month	–	–
easyStreet's variable rate against its fixed rates, on $600,000 VariableThe baselineStreet Smart Variable Street Smart Variable 6.34% comparison6.29% advertised $3,710 a monthprincipal and interest 1 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.36% comparison6.54% advertised +$98 a monthagainst its variable 2 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.39% comparison6.54% advertised +$98 a monthagainst its variable 3 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.38% comparison6.44% advertised +$59 a monthagainst its variable 4 yr fixed Not offered for these choices 5 yr fixed Not offered for these choices Go to site
13	People First Bank	6.35%	6.36%+$59 a month	6.38%+$79 a month	6.40%+$79 a month	6.42%+$79 a month	6.43%+$79 a month
People First Bank's variable rate against its fixed rates, on $600,000 VariableThe baselineBasic Variable Basic Variable 6.35% comparison6.34% advertised $3,729 a monthprincipal and interest 1 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.36% comparison6.49% advertised +$59 a monthagainst its variable 2 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.38% comparison6.54% advertised +$79 a monthagainst its variable 3 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.40% comparison6.54% advertised +$79 a monthagainst its variable 4 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.42% comparison6.54% advertised +$79 a monthagainst its variable 5 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.43% comparison6.54% advertised +$79 a monthagainst its variable Go to site
14	Virgin Money	6.36%from 7 Nov	6.19%+$218 a month	6.24%+$178 a month	6.32%+$198 a month	6.44%+$258 a month	6.50%+$258 a month
Virgin Money's variable rate against its fixed rates, on $600,000 VariableThe baselineLite Lite 6.36% comparison6.34% advertised $3,729 a monthprincipal and interest 1 yr fixedLite Lite 6.19% comparison6.89% advertised +$218 a monthagainst its variable 2 yr fixedLite Lite 6.24% comparison6.79% advertised +$178 a monthagainst its variable 3 yr fixedLite Lite 6.32% comparison6.84% advertised +$198 a monthagainst its variable 4 yr fixedLite Lite 6.44% comparison6.99% advertised +$258 a monthagainst its variable 5 yr fixedLite Lite 6.50% comparison6.99% advertised +$258 a monthagainst its variable Go to site
15	NRMA	6.37%	6.40%+$102 a month	6.42%+$102 a month	6.47%+$142 a month	6.54%+$182 a month	6.57%+$182 a month
NRMA's variable rate against its fixed rates, on $600,000 VariableThe baselineBasic Basic 6.37% comparison6.33% advertised $3,726 a monthprincipal and interest 1 yr fixedBasic Basic 6.40% comparison6.59% advertised +$102 a monthagainst its variable 2 yr fixedBasic Basic 6.42% comparison6.59% advertised +$102 a monthagainst its variable 3 yr fixedBasic Basic 6.47% comparison6.69% advertised +$142 a monthagainst its variable 4 yr fixedBasic Basic 6.54% comparison6.79% advertised +$182 a monthagainst its variable 5 yr fixedBasic Basic 6.57% comparison6.79% advertised +$182 a monthagainst its variable Go to site
16	Unity Bank	6.39%	6.59%+$63 a month	6.44%+$4 a month	6.59%+$63 a month	6.74%+$122 a month	6.74%+$122 a month
Unity Bank's variable rate against its fixed rates, on $600,000 VariableThe baselineAdvantage Variable Without Offset Advantage Variable Without Offset 6.39% comparison6.34% advertised $3,729 a monthprincipal and interest 1 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.59% comparison6.50% advertised +$63 a monthagainst its variable 2 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.44% comparison6.35% advertised +$4 a monthagainst its variable 3 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.59% comparison6.50% advertised +$63 a monthagainst its variable 4 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.74% comparison6.65% advertised +$122 a monthagainst its variable 5 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.74% comparison6.65% advertised +$122 a monthagainst its variable Go to site
17	ubank	6.41%	6.62%+$138 a month	6.67%+$158 a month	6.72%+$178 a month	–	6.87%+$239 a month
ubank's variable rate against its fixed rates, on $600,000 VariableThe baselineNeat Variable Neat Variable 6.41% comparison6.39% advertised $3,749 a monthprincipal and interest 1 yr fixedFlex Fixed Flex Fixed 6.62% comparison6.74% advertised +$138 a monthagainst its variable 2 yr fixedFlex Fixed Flex Fixed 6.67% comparison6.79% advertised +$158 a monthagainst its variable 3 yr fixedFlex Fixed Flex Fixed 6.72% comparison6.84% advertised +$178 a monthagainst its variable 4 yr fixed Not offered for these choices 5 yr fixedFlex Fixed Flex Fixed 6.87% comparison*6.99% advertised +$239 a monthagainst its variable Go to site
18	Bank of Sydney	6.48%	6.52%+$341 a month	6.10%+$341 a month	–	–	–
Bank of Sydney's variable rate against its fixed rates, on $600,000 VariableThe baselineBOS Basic BOS Basic 6.48% comparison6.44% advertised $3,769 a monthprincipal and interest 1 yr fixedExpect More Fixed Expect More Fixed 6.52% comparison7.29% advertised +$341 a monthagainst its variable 2 yr fixedExpect More Fixed Expect More Fixed 6.10% comparison*7.29% advertised +$341 a monthagainst its variable 3 yr fixed Not offered for these choices 4 yr fixed Not offered for these choices 5 yr fixed Not offered for these choices Go to site
19	Bendigo	6.54%from 11 Nov	6.41%+$39 a month	6.42%+$39 a month	6.46%+$79 a month	6.51%+$119 a month	6.54%+$119 a month
Bendigo's variable rate against its fixed rates, on $600,000 VariableThe baselineExpress Express 6.54% comparison6.39% advertised $3,749 a monthprincipal and interest 1 yr fixedEasy Easy 6.41% comparison6.49% advertised +$39 a monthagainst its variable 2 yr fixedEasy Easy 6.42% comparison6.49% advertised +$39 a monthagainst its variable 3 yr fixedEasy Easy 6.46% comparison6.59% advertised +$79 a monthagainst its variable 4 yr fixedEasy Easy 6.51% comparison6.69% advertised +$119 a monthagainst its variable 5 yr fixedEasy Easy 6.54% comparison6.69% advertised +$119 a monthagainst its variable Go to site
20	RACQ Bank	6.54%	7.00%+$59 a month	6.98%+$79 a month	6.96%+$79 a month	–	7.01%+$159 a month
RACQ Bank's variable rate against its fixed rates, on $600,000 VariableThe baselineFair Dinkum Fair Dinkum 6.54% comparison6.54% advertised $3,808 a monthprincipal and interest 1 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 7.00% comparison6.69% advertised +$59 a monthagainst its variable 2 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.98% comparison6.74% advertised +$79 a monthagainst its variable 3 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.96% comparison6.74% advertised +$79 a monthagainst its variable 4 yr fixed Not offered for these choices 5 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 7.01% comparison*6.94% advertised +$159 a monthagainst its variable Go to site
21	ME Bank	6.56%from 7 Nov	6.77%+$139 a month	6.81%+$99 a month	6.86%+$119 a month	6.96%+$180 a month	7.01%+$180 a month
ME Bank's variable rate against its fixed rates, on $600,000 VariableThe baselineEconoME EconoME 6.56% comparison6.54% advertised $3,808 a monthprincipal and interest 1 yr fixedCompleteME CompleteME 6.77% comparison6.89% advertised +$139 a monthagainst its variable 2 yr fixedCompleteME CompleteME 6.81% comparison6.79% advertised +$99 a monthagainst its variable 3 yr fixedCompleteME CompleteME 6.86% comparison6.84% advertised +$119 a monthagainst its variable 4 yr fixedCompleteME CompleteME 6.96% comparison6.99% advertised +$180 a monthagainst its variable 5 yr fixedCompleteME CompleteME 7.01% comparison6.99% advertised +$180 a monthagainst its variable Go to site
22	Australian Military Bank	6.57%	7.14%−$59 a month	7.07%−$39 a month	7.00%−$39 a month	–	6.91%−$20 a month
Australian Military Bank's variable rate against its fixed rates, on $600,000 VariableThe baselineRateSaver RateSaver 6.57% comparison6.54% advertised $3,808 a monthprincipal and interest 1 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 7.14% comparison6.39% advertised −$59 a monthagainst its variable 2 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 7.07% comparison6.44% advertised −$39 a monthagainst its variable 3 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 7.00% comparison6.44% advertised −$39 a monthagainst its variable 4 yr fixed Not offered for these choices 5 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.91% comparison*6.49% advertised −$20 a monthagainst its variable Go to site
23	BCU	6.57%from 12 Nov	6.54%+$99 a month	6.57%+$99 a month	6.64%+$159 a month	6.70%+$180 a month	6.76%+$200 a month
BCU's variable rate against its fixed rates, on $600,000 VariableThe baselineOmg Omg 6.57% comparison6.54% advertised $3,808 a monthprincipal and interest 1 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.54% comparison6.79% advertised +$99 a monthagainst its variable 2 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.57% comparison6.79% advertised +$99 a monthagainst its variable 3 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.64% comparison6.94% advertised +$159 a monthagainst its variable 4 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.70% comparison6.99% advertised +$180 a monthagainst its variable 5 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.76% comparison7.04% advertised +$200 a monthagainst its variable Go to site
24	Athena	6.60%	6.67%+$282 a month	6.74%+$282 a month	6.80%+$282 a month	–	–
Athena's variable rate against its fixed rates, on $600,000 VariableThe baselineStraight Up Straight Up 6.60% comparison6.64% advertised $3,848 a monthprincipal and interest 1 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.67% comparison7.34% advertised +$282 a monthagainst its variable 2 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.74% comparison7.34% advertised +$282 a monthagainst its variable 3 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.80% comparison7.34% advertised +$282 a monthagainst its variable 4 yr fixed Not offered for these choices 5 yr fixed Not offered for these choices Go to site
25	Westpac	6.60%from 13 Nov	7.12%+$100 a month	7.13%+$100 a month	7.20%+$180 a month	7.28%+$241 a month	7.34%+$261 a month
Westpac's variable rate against its fixed rates, on $600,000 VariableThe baselineFlexi First Flexi First 6.60% comparison6.59% advertised $3,828 a monthprincipal and interest 1 yr fixedFixed Rate Home LoanWith the Premier Advantage Package · $395 a year Fixed Rate Home LoanWith the Premier Advantage Package · $395 a year 7.12% comparison6.84% advertised +$100 a monthagainst its variable 2 yr fixedFixed Rate Home LoanWith the Premier Advantage Package · $395 a year Fixed Rate Home LoanWith the Premier Advantage Package · $395 a year 7.13% comparison6.84% advertised +$100 a monthagainst its variable 3 yr fixedFixed Rate Home LoanWith the Premier Advantage Package · $395 a year Fixed Rate Home LoanWith the Premier Advantage Package · $395 a year 7.20% comparison7.04% advertised +$180 a monthagainst its variable 4 yr fixedFixed Rate Home LoanWith the Premier Advantage Package · $395 a year Fixed Rate Home LoanWith the Premier Advantage Package · $395 a year 7.28% comparison7.19% advertised +$241 a monthagainst its variable 5 yr fixedFixed Rate Home LoanWith the Premier Advantage Package · $395 a year Fixed Rate Home LoanWith the Premier Advantage Package · $395 a year 7.34% comparison7.24% advertised +$261 a monthagainst its variable Go to site
26	Macquarie	6.61%from 19 Nov	6.39%−$20 a month	6.42%+$20 a month	6.45%+$20 a month	6.49%+$40 a month	6.52%+$40 a month
Macquarie's variable rate against its fixed rates, on $600,000 VariableThe baselineBasic Basic 6.61% comparison6.59% advertised $3,828 a monthprincipal and interest 1 yr fixedBasic Basic 6.39% comparison6.54% advertised −$20 a monthagainst its variable 2 yr fixedBasic Basic 6.42% comparison6.64% advertised +$20 a monthagainst its variable 3 yr fixedBasic Basic 6.45% comparison6.64% advertised +$20 a monthagainst its variable 4 yr fixedBasic Basic 6.49% comparison6.69% advertised +$40 a monthagainst its variable 5 yr fixedBasic Basic 6.52% comparison6.69% advertised +$40 a monthagainst its variable Go to site
27	ING	6.62%from 13 Nov	6.41%+$60 a month	6.44%+$40 a month	6.51%+$100 a month	6.59%+$140 a month	6.64%+$140 a month
ING's variable rate against its fixed rates, on $600,000 VariableThe baselineMortgage Simplifier Mortgage Simplifier 6.62% comparison6.59% advertised $3,828 a monthprincipal and interest 1 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.41% comparison6.74% advertised +$60 a monthagainst its variable 2 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.44% comparison6.69% advertised +$40 a monthagainst its variable 3 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.51% comparison6.84% advertised +$100 a monthagainst its variable 4 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.59% comparison6.94% advertised +$140 a monthagainst its variable 5 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.64% comparison6.94% advertised +$140 a monthagainst its variable Go to site
28	Bank Australia	6.64%from 19 Nov	6.43%+$40 a month	6.47%+$60 a month	6.54%+$100 a month	–	6.66%+$140 a month
Bank Australia's variable rate against its fixed rates, on $600,000 VariableThe baselineBasic Basic 6.64% comparison6.64% advertised $3,848 a monthprincipal and interest 1 yr fixedBasic Fixed Basic Fixed 6.43% comparison6.74% advertised +$40 a monthagainst its variable 2 yr fixedBasic Fixed Basic Fixed 6.47% comparison6.79% advertised +$60 a monthagainst its variable 3 yr fixedBasic Fixed Basic Fixed 6.54% comparison6.89% advertised +$100 a monthagainst its variable 4 yr fixed Not offered for these choices 5 yr fixedBasic Fixed Basic Fixed 6.66% comparison*6.99% advertised +$140 a monthagainst its variable Go to site
29	CommBank	6.66%from 13 Nov	8.53%+$56 a month	8.38%+$72 a month	8.26%+$100 a month	8.14%+$100 a month	8.06%+$120 a month
CommBank's variable rate against its fixed rates, on $600,000 VariableThe baselineDigi Digi 6.66% comparison6.64% advertised $3,848 a monthprincipal and interest 1 yr fixedFixed Rate Home LoanWith the Wealth Package · $395 a year Fixed Rate Home LoanWith the Wealth Package · $395 a year 8.53% comparison6.78% advertised +$56 a monthagainst its variable 2 yr fixedFixed Rate Home LoanWith the Wealth Package · $395 a year Fixed Rate Home LoanWith the Wealth Package · $395 a year 8.38% comparison6.82% advertised +$72 a monthagainst its variable 3 yr fixedFixed Rate Home LoanWith the Wealth Package · $395 a year Fixed Rate Home LoanWith the Wealth Package · $395 a year 8.26% comparison6.89% advertised +$100 a monthagainst its variable 4 yr fixedFixed Rate Home LoanWith the Wealth Package · $395 a year Fixed Rate Home LoanWith the Wealth Package · $395 a year 8.14% comparison6.89% advertised +$100 a monthagainst its variable 5 yr fixedFixed Rate Home LoanWith the Wealth Package · $395 a year Fixed Rate Home LoanWith the Wealth Package · $395 a year 8.06% comparison6.94% advertised +$120 a monthagainst its variable Go to site
30	BOQ	6.72%from 6 Nov	–	6.59%+$84 a month	6.64%+$104 a month	6.73%+$164 a month	6.78%+$164 a month
BOQ's variable rate against its fixed rates, on $600,000 VariableThe baselineEconomy Variable Economy Variable 6.72% comparison6.58% advertised $3,824 a monthprincipal and interest 1 yr fixed Not offered for these choices 2 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.59% comparison6.79% advertised +$84 a monthagainst its variable 3 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.64% comparison6.84% advertised +$104 a monthagainst its variable 4 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.73% comparison6.99% advertised +$164 a monthagainst its variable 5 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.78% comparison*6.99% advertised +$164 a monthagainst its variable Go to site
31	MyState	6.72%from 12 Nov	8.48%Same a month	8.26%Same a month	8.10%+$20 a month	–	7.95%+$140 a month
MyState's variable rate against its fixed rates, on $600,000 VariableThe baselineBasic Variable Basic Variable 6.72% comparison6.69% advertised $3,868 a monthprincipal and interest 1 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 8.48% comparison6.69% advertised Same a monthagainst its variable 2 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 8.26% comparison6.69% advertised Same a monthagainst its variable 3 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 8.10% comparison6.74% advertised +$20 a monthagainst its variable 4 yr fixed Not offered for these choices 5 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 7.95% comparison*7.04% advertised +$140 a monthagainst its variable Go to site
32	P&N	6.72%from 12 Nov	6.59%+$40 a month	6.62%+$40 a month	6.68%+$100 a month	6.73%+$120 a month	6.79%+$140 a month
P&N's variable rate against its fixed rates, on $600,000 VariableThe baselineBasic Variable HL Basic Variable HL 6.72% comparison6.69% advertised $3,868 a monthprincipal and interest 1 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.59% comparison6.79% advertised +$40 a monthagainst its variable 2 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.62% comparison6.79% advertised +$40 a monthagainst its variable 3 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.68% comparison6.94% advertised +$100 a monthagainst its variable 4 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.73% comparison6.99% advertised +$120 a monthagainst its variable 5 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 6.79% comparison7.04% advertised +$140 a monthagainst its variable Go to site
33	Defence Bank	6.74%	7.09%Same a month	7.07%+$8 a month	7.08%+$52 a month	7.06%+$52 a month	7.06%+$60 a month
Defence Bank's variable rate against its fixed rates, on $600,000 VariableThe baselinePremier Low Premier Low 6.74% comparison6.74% advertised $3,888 a monthprincipal and interest 1 yr fixedUltimate Essentials FixedWith the Ultimate Package · $96 a year Ultimate Essentials FixedWith the Ultimate Package · $96 a year 7.09% comparison6.74% advertised Same a monthagainst its variable 2 yr fixedUltimate Essentials FixedWith the Ultimate Package · $96 a year Ultimate Essentials FixedWith the Ultimate Package · $96 a year 7.07% comparison6.76% advertised +$8 a monthagainst its variable 3 yr fixedUltimate Essentials FixedWith the Ultimate Package · $96 a year Ultimate Essentials FixedWith the Ultimate Package · $96 a year 7.08% comparison6.87% advertised +$52 a monthagainst its variable 4 yr fixedUltimate Essentials FixedWith the Ultimate Package · $96 a year Ultimate Essentials FixedWith the Ultimate Package · $96 a year 7.06% comparison6.87% advertised +$52 a monthagainst its variable 5 yr fixedUltimate Essentials FixedWith the Ultimate Package · $96 a year Ultimate Essentials FixedWith the Ultimate Package · $96 a year 7.06% comparison6.89% advertised +$60 a monthagainst its variable Go to site
34	homeloans.com.au	6.74%	–	–	–	–	–	Go to site

35	ANZ Plus	6.75%from 13 Nov	–	–	–	–	–
ANZ Plus's variable rate against its fixed rates, on $600,000 VariableThe baselineVariable Rate Home Loan Variable Rate Home Loan 6.75% comparison*6.75% advertised $3,892 a monthprincipal and interest 1 yr fixed Not offered for these choices 2 yr fixed Not offered for these choices 3 yr fixed Not offered for these choices 4 yr fixed Not offered for these choices 5 yr fixed Not offered for these choices Go to site
36	Bankwest	6.77%from 13 Nov	7.56%−$20 a month	7.53%+$20 a month	7.52%+$60 a month	7.51%+$80 a month	7.51%+$100 a month
Bankwest's variable rate against its fixed rates, on $600,000 VariableThe baselineSimple Simple 6.77% comparison6.74% advertised $3,888 a monthprincipal and interest 1 yr fixedComplete FixedWith the Complete Fixed Home Loan Package · $395 a year Complete FixedWith the Complete Fixed Home Loan Package · $395 a year 7.56% comparison6.69% advertised −$20 a monthagainst its variable 2 yr fixedComplete FixedWith the Complete Fixed Home Loan Package · $395 a year Complete FixedWith the Complete Fixed Home Loan Package · $395 a year 7.53% comparison6.79% advertised +$20 a monthagainst its variable 3 yr fixedComplete FixedWith the Complete Fixed Home Loan Package · $395 a year Complete FixedWith the Complete Fixed Home Loan Package · $395 a year 7.52% comparison6.89% advertised +$60 a monthagainst its variable 4 yr fixedComplete FixedWith the Complete Fixed Home Loan Package · $395 a year Complete FixedWith the Complete Fixed Home Loan Package · $395 a year 7.51% comparison6.94% advertised +$80 a monthagainst its variable 5 yr fixedComplete FixedWith the Complete Fixed Home Loan Package · $395 a year Complete FixedWith the Complete Fixed Home Loan Package · $395 a year 7.51% comparison6.99% advertised +$100 a monthagainst its variable Go to site
37	Great Southern Bank	6.80%from 11 Nov	8.15%+$4 a month	8.00%+$4 a month	7.86%+$4 a month	–	7.65%+$24 a month
Great Southern Bank's variable rate against its fixed rates, on $600,000 VariableThe baselineBasic Variable Basic Variable 6.80% comparison6.74% advertised $3,888 a monthprincipal and interest 1 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 8.15% comparison6.75% advertised +$4 a monthagainst its variable 2 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 8.00% comparison6.75% advertised +$4 a monthagainst its variable 3 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 7.86% comparison6.75% advertised +$4 a monthagainst its variable 4 yr fixed Not offered for these choices 5 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 7.65% comparison*6.80% advertised +$24 a monthagainst its variable Go to site
38	AMP	6.82%from 6 Nov	–	–	–	–	–

39	NAB	6.82%from 13 Nov	7.32%+$40 a month	7.28%+$48 a month	7.27%+$92 a month	7.24%+$92 a month	7.23%+$100 a month
NAB's variable rate against its fixed rates, on $600,000 VariableThe baselineTailored Tailored 6.82% comparison6.69% advertised $3,868 a monthprincipal and interest 1 yr fixedTailored Tailored 7.32% comparison6.79% advertised +$40 a monthagainst its variable 2 yr fixedTailored Tailored 7.28% comparison6.81% advertised +$48 a monthagainst its variable 3 yr fixedTailored Tailored 7.27% comparison6.92% advertised +$92 a monthagainst its variable 4 yr fixedTailored Tailored 7.24% comparison6.92% advertised +$92 a monthagainst its variable 5 yr fixedTailored Tailored 7.23% comparison6.94% advertised +$100 a monthagainst its variable Go to site
40	Bank of Melbourne	6.90%from 13 Nov	7.12%−$20 a month	7.13%−$20 a month	7.20%+$60 a month	7.28%+$121 a month	7.34%+$141 a month
Bank of Melbourne's variable rate against its fixed rates, on $600,000 VariableThe baselineBasic Variable Basic Variable 6.90% comparison6.89% advertised $3,948 a monthprincipal and interest 1 yr fixedFixed Rate Home LoanWith the Advantage Package · $395 a year Fixed Rate Home LoanWith the Advantage Package · $395 a year 7.12% comparison6.84% advertised −$20 a monthagainst its variable 2 yr fixedFixed Rate Home LoanWith the Advantage Package · $395 a year Fixed Rate Home LoanWith the Advantage Package · $395 a year 7.13% comparison6.84% advertised −$20 a monthagainst its variable 3 yr fixedFixed Rate Home LoanWith the Advantage Package · $395 a year Fixed Rate Home LoanWith the Advantage Package · $395 a year 7.20% comparison7.04% advertised +$60 a monthagainst its variable 4 yr fixedFixed Rate Home LoanWith the Advantage Package · $395 a year Fixed Rate Home LoanWith the Advantage Package · $395 a year 7.28% comparison7.19% advertised +$121 a monthagainst its variable 5 yr fixedFixed Rate Home LoanWith the Advantage Package · $395 a year Fixed Rate Home LoanWith the Advantage Package · $395 a year 7.34% comparison7.24% advertised +$141 a monthagainst its variable Go to site
41	BankSA	6.90%from 13 Nov	7.12%−$20 a month	7.13%−$20 a month	7.20%+$60 a month	7.28%+$121 a month	7.34%+$141 a month
BankSA's variable rate against its fixed rates, on $600,000 VariableThe baselineBasic Variable Basic Variable 6.90% comparison6.89% advertised $3,948 a monthprincipal and interest 1 yr fixedFixed Rate Home LoanWith the Advantage Package · $395 a year Fixed Rate Home LoanWith the Advantage Package · $395 a year 7.12% comparison6.84% advertised −$20 a monthagainst its variable 2 yr fixedFixed Rate Home LoanWith the Advantage Package · $395 a year Fixed Rate Home LoanWith the Advantage Package · $395 a year 7.13% comparison6.84% advertised −$20 a monthagainst its variable 3 yr fixedFixed Rate Home LoanWith the Advantage Package · $395 a year Fixed Rate Home LoanWith the Advantage Package · $395 a year 7.20% comparison7.04% advertised +$60 a monthagainst its variable 4 yr fixedFixed Rate Home LoanWith the Advantage Package · $395 a year Fixed Rate Home LoanWith the Advantage Package · $395 a year 7.28% comparison7.19% advertised +$121 a monthagainst its variable 5 yr fixedFixed Rate Home LoanWith the Advantage Package · $395 a year Fixed Rate Home LoanWith the Advantage Package · $395 a year 7.34% comparison7.24% advertised +$141 a monthagainst its variable Go to site
42	St.George	6.90%from 13 Nov	7.12%−$20 a month	7.13%−$20 a month	7.20%+$60 a month	7.28%+$121 a month	7.34%+$141 a month
St.George's variable rate against its fixed rates, on $600,000 VariableThe baselineBasic Variable Basic Variable 6.90% comparison6.89% advertised $3,948 a monthprincipal and interest 1 yr fixedFixed Rate Home LoanWith the Advantage Package · $395 a year Fixed Rate Home LoanWith the Advantage Package · $395 a year 7.12% comparison6.84% advertised −$20 a monthagainst its variable 2 yr fixedFixed Rate Home LoanWith the Advantage Package · $395 a year Fixed Rate Home LoanWith the Advantage Package · $395 a year 7.13% comparison6.84% advertised −$20 a monthagainst its variable 3 yr fixedFixed Rate Home LoanWith the Advantage Package · $395 a year Fixed Rate Home LoanWith the Advantage Package · $395 a year 7.20% comparison7.04% advertised +$60 a monthagainst its variable 4 yr fixedFixed Rate Home LoanWith the Advantage Package · $395 a year Fixed Rate Home LoanWith the Advantage Package · $395 a year 7.28% comparison7.19% advertised +$121 a monthagainst its variable 5 yr fixedFixed Rate Home LoanWith the Advantage Package · $395 a year Fixed Rate Home LoanWith the Advantage Package · $395 a year 7.34% comparison7.24% advertised +$141 a monthagainst its variable Go to site
43	ANZ	7.04%from 13 Nov	7.41%−$140 a month	7.34%−$120 a month	7.32%−$60 a month	7.27%−$60 a month	7.25%−$40 a month
ANZ's variable rate against its fixed rates, on $600,000 VariableThe baselineSimplicity PLUS Simplicity PLUS 7.04% comparison7.04% advertised $4,008 a monthprincipal and interest 1 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 7.41% comparison6.69% advertised −$140 a monthagainst its variable 2 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 7.34% comparison6.74% advertised −$120 a monthagainst its variable 3 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 7.32% comparison6.89% advertised −$60 a monthagainst its variable 4 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 7.27% comparison6.89% advertised −$60 a monthagainst its variable 5 yr fixedFixed Rate Home Loan Fixed Rate Home Loan 7.25% comparison6.94% advertised −$40 a monthagainst its variable Go to site

The comparison rate where the lender publishes one, else the advertised rate. A fixed loan’s comparison rate includes the rate it reverts to. A date under a rate is the day a lender's announced change takes effect.

Comparison rates are based on a secured loan of $150,000 over 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

What the fixed years hold

A fixed rate holds for its term whatever the lender's variable rates do. A variable rate moves when the lender moves it.
When the term ends, a fixed loan moves to the lender's revert rate, a variable rate, unless you fix again.
Ending it early can cost a break fee, which the lender works out when you leave. Many fixed loans limit extra repayments and offset.

How a fixed rate ends

As of 6 November 2026, for an owner-occupier borrowing $600,000 with a 20% deposit and repaying principal and interest, the lowest variable rate is 6.14% (comparison rate 6.05%) at Unloan; the lowest 2-year fixed rate is 6.24% (comparison rate 6.34%) at Southern Cross Credit Union. On those rates, the 2-year fixed repayment is $39 more a month for the fixed years. Figures are the lenders' published rates through Open Banking. Each figure says what a rate type costs a month; it doesn't say which suits you.

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