Home loan · Variable
RateSaver Home Loan
6.57%comparison rate p.a. · 6.54% advertised
Variable · P&I · Owner-occupier · 70–80% LVR
54th of 93 variable owner-occupier P&I loans
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.
- Offset account
- No
- Redraw
- Yes
- Extra repayments
- Yes
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $120
- Variable · P&I · Owner-occupier · ≤70% LVR
- 6.37% comparison · 6.34% advertised
- Variable · P&I · Owner-occupier · 70–80% LVR
- 6.57% comparison · 6.54% advertised
- Variable · P&I · Owner-occupier · 80–90% LVR
- 6.77% comparison · 6.74% advertised
- Variable · P&I · Owner-occupier · 90–98% LVR
- 7.02% comparison · 6.99% advertised
- Variable · P&I · Investor · ≤70% LVR
- 6.47% comparison · 6.44% advertised
- Variable · P&I · Investor · 70–80% LVR
- 6.67% comparison · 6.64% advertised
- Variable · P&I · Investor · 80–95% LVR
- 6.87% comparison · 6.84% advertised
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $120
- Redraw fee
- None
- Offset account
- No
- Redraw
- Yes
- Extra repayments
- Yes
- Portable
- No
- Repayment holiday
- No
- Minimum loan
- $150,000
- Maximum loan
- $5,000,000
- RateSaver Home Loan · Variable · P&I · Owner-occupier
- RBA cash rate
- Market average
October 20262 changes
- 15Thu
- 4 variants up 0.2515 days after the RBA rise to 4.60%+0.25All Variable · P&I · Owner-occupier
≤70% LVR 6.12 6.37 +0.25 70–80% LVR 6.32 6.57 +0.25 80–90% LVR 6.52 6.77 +0.25 90–98% LVR 6.77 7.02 +0.25 - 3 variants up 0.2515 days after the RBA rise to 4.60%+0.25All Variable · P&I · Investor
≤70% LVR 6.22 6.47 +0.25 70–80% LVR 6.42 6.67 +0.25 80–95% LVR 6.62 6.87 +0.25
Our simple vanilla loan with a super-low variable rate, unlimited additional repayments as well as the ability to redraw. The RateSaver Home Loan is also available for DHOAS eligible applicants
Also from Australian Military Bank: Value Home Loan 6.77% · Fixed Rate Home Loan 6.91% · Standard Variable Home Loan 7.23%
As of 2 November 2026, the Australian Military Bank RateSaver Home Loan's variable owner-occupier P&I variant has a comparison rate of 6.57% (6.54% advertised), ranking 54th of 93 variable owner-occupier P&I loans and sitting 0.01 points below the market average of 6.58%. The product comes in 7 variants; the others are investor and other LVR bands. Its rate last moved on 15 October 2026, 15 days after the RBA rise to 4.60%. From the provider's Consumer Data Right feed, refreshed nightly.