🏡
Best for First Home Buyers
Home loans designed for first home buyers, ranked by rate
🏡
Best for First Home Buyers
#1
#1
🏘️
QLD BOOST TO BUY
Unity Bank
5.93%
5.90% adv
Details
🏘️
QLD BOOST TO BUY
Unity Bank
5.93%5.90% adv
+
Rate Details
Advertised rate5.90%
Comparison rate5.93%
Loan typeVariable
RepaymentP&I
Fees
Application feeFree
Monthly feeNone
Discharge fee$300
Features
✅Offset account
✅Redraw facility
✅Extra repayments
—Portable
—Repayment holiday
Eligibility
🏠Owner occupier
🏡First home buyer eligible
#2
#2
🏘️
First Home Buyer Loan - Owner Occupied - SO
Unity Bank
5.95%
5.90% adv
Details
🏘️
First Home Buyer Loan - Owner Occupied - SO
Unity Bank
5.95%5.90% adv
+
Rate Details
Advertised rate5.90%
Comparison rate5.95%
Loan typeVariable
RepaymentP&I
Fees
Application fee$200
Monthly feeNone
Discharge fee$300
Features
✅Offset account
✅Redraw facility
✅Extra repayments
—Portable
—Repayment holiday
Eligibility
🏠Owner occupier
🏡First home buyer eligible
#3
#3
🏘️
Australian Government 5% Deposit Scheme
Unity Bank
5.95%
5.90% adv
Details
🏘️
Australian Government 5% Deposit Scheme
Unity Bank
5.95%5.90% adv
+
Rate Details
Advertised rate5.90%
Comparison rate5.95%
Loan typeVariable
RepaymentP&I
Fees
Application fee$200
Monthly feeNone
Discharge fee$300
Features
✅Offset account
✅Redraw facility
✅Extra repayments
—Portable
—Repayment holiday
Eligibility
🏠Owner occupier
🏡First home buyer eligible
#4
#4
🌳
First Home Buyers (Bendigo Complete Home Loan)
Bendigo
6.40%
6.18% adv
Details
🌳
First Home Buyers (Bendigo Complete Home Loan)
Bendigo
6.40%6.18% adv
+
Rate Details
Advertised rate6.18%
Comparison rate6.40%
Loan typeVariable
RepaymentIO
Fees
Application fee$150
Monthly fee$15/mo
Discharge fee$350
Features
✅Offset account
✅Redraw facility
✅Extra repayments
—Portable
—Repayment holiday
Eligibility
🏠Owner occupier
🏡First home buyer eligible
#5
#5
🌳
First Home Buyers (Bendigo Complete Home Loan)
Bendigo
6.40%
6.18% adv
Details
🌳
First Home Buyers (Bendigo Complete Home Loan)
Bendigo
6.40%6.18% adv
+
Rate Details
Advertised rate6.18%
Comparison rate6.40%
Loan typeVariable
RepaymentP&I
Fees
Application fee$150
Monthly fee$15/mo
Discharge fee$350
Features
✅Offset account
✅Redraw facility
✅Extra repayments
—Portable
—Repayment holiday
Eligibility
🏠Owner occupier
🏡First home buyer eligible
#6
#6
🌳
First Home Buyers (Bendigo Complete Home Loan)
Bendigo
6.44%
6.49% adv
Details
🌳
First Home Buyers (Bendigo Complete Home Loan)
Bendigo
6.44%6.49% adv
+
Rate Details
Advertised rate6.49%
Comparison rate6.44%
Loan typeFixed 1yr
RepaymentP&I
Fees
Application fee$150
Monthly fee$15/mo
Discharge fee$350
Features
✅Offset account
✅Redraw facility
✅Extra repayments
—Portable
—Repayment holiday
Eligibility
🏠Owner occupier
🏡First home buyer eligible
#7
#7
🌳
First Home Buyers (Bendigo Complete Home Loan)
Bendigo
6.47%
6.54% adv
Details
🌳
First Home Buyers (Bendigo Complete Home Loan)
Bendigo
6.47%6.54% adv
+
Rate Details
Advertised rate6.54%
Comparison rate6.47%
Loan typeFixed 2yr
RepaymentP&I
Fees
Application fee$150
Monthly fee$15/mo
Discharge fee$350
Features
✅Offset account
✅Redraw facility
✅Extra repayments
—Portable
—Repayment holiday
Eligibility
🏠Owner occupier
🏡First home buyer eligible
#8
#8
🌳
First Home Buyers (Bendigo Complete Home Loan)
Bendigo
6.49%
Details
🌳
First Home Buyers (Bendigo Complete Home Loan)
Bendigo
6.49%
+
Rate Details
Advertised rate6.49%
Comparison rate6.49%
Loan typeFixed 3yr
RepaymentP&I
Fees
Application fee$150
Monthly fee$15/mo
Discharge fee$350
Features
✅Offset account
✅Redraw facility
✅Extra repayments
—Portable
—Repayment holiday
Eligibility
🏠Owner occupier
🏡First home buyer eligible
#9
#9
🌳
First Home Buyers (Bendigo Complete Home Loan)
Bendigo
6.54%
Details
🌳
First Home Buyers (Bendigo Complete Home Loan)
Bendigo
6.54%
+
Rate Details
Advertised rate6.54%
Comparison rate6.54%
Loan typeFixed 4yr
RepaymentP&I
Fees
Application fee$150
Monthly fee$15/mo
Discharge fee$350
Features
✅Offset account
✅Redraw facility
✅Extra repayments
—Portable
—Repayment holiday
Eligibility
🏠Owner occupier
🏡First home buyer eligible
#10
#10
🌳
First Home Buyers (Bendigo Complete Home Loan)
Bendigo
6.56%
6.54% adv
Details
🌳
First Home Buyers (Bendigo Complete Home Loan)
Bendigo
6.56%6.54% adv
+
Rate Details
Advertised rate6.54%
Comparison rate6.56%
Loan typeFixed 5yr
RepaymentP&I
Fees
Application fee$150
Monthly fee$15/mo
Discharge fee$350
Features
✅Offset account
✅Redraw facility
✅Extra repayments
—Portable
—Repayment holiday
Eligibility
🏠Owner occupier
🏡First home buyer eligible
#11
#11
☀️
5 Year Fixed Rate - Home Package Plus Special Offers for First Home Buyers
Suncorp
7.00%
6.54% adv
Details
☀️
5 Year Fixed Rate - Home Package Plus Special Offers for First Home Buyers
Suncorp
7.00%6.54% adv
+
Rate Details
Advertised rate6.54%
Comparison rate7.00%
Loan typeFixed 5yr
RepaymentP&I
Fees
Application feeFree
Monthly fee$31.25/mo
Package annual fee$375/yr
Discharge feeFree
Features
—Offset account
—Redraw facility
—Extra repayments
—Portable
—Repayment holiday
Eligibility
🏠Owner occupier
🏡First home buyer eligible
📐Max LVR: 95%
#12
#12
☀️
Standard Variable Rate - Home Package Plus Special Offers for First Home Buyers
Suncorp
7.09%
6.74% adv
Details
☀️
Standard Variable Rate - Home Package Plus Special Offers for First Home Buyers
Suncorp
7.09%6.74% adv
+
Rate Details
Advertised rate6.74%
Comparison rate7.09%
Loan typeVariable
RepaymentP&I
Fees
Application feeFree
Monthly fee$31.25/mo
Package annual fee$375/yr
Discharge feeFree
Features
✅Offset account
✅Redraw facility
—Extra repayments
—Portable
—Repayment holiday
Eligibility
🏠Owner occupier
🏡First home buyer eligible
📐Max LVR: 95%
These rankings rate every home loans on one figure. Answer a few questions to see the ones that fit you →
As of 16 September 2026, the lowest comparison rate on a first home buyer home loan tracked by BankMate is 5.93% from Unity Bank (QLD BOOST TO BUY). How we rank →