Home loan · Variable
Offset Home Loan
6.62%comparison rate p.a. · 6.43% advertised
Variable · P&I · Owner-occupier · 70–80% LVR
60th 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
- Yes
- Redraw
- No
- Extra repayments
- Yes
- Application fee
- None
- Ongoing fee
- $17 a month
- Discharge fee
- $275
- Variable · P&I · Owner-occupier · ≤60% LVR
- 6.57% comparison · 6.38% advertised
- Variable · P&I · Owner-occupier · 60–70% LVR
- 6.57% comparison · 6.38% advertised
- Variable · P&I · Owner-occupier · 70–80% LVR
- 6.62% comparison · 6.43% advertised
- Variable · P&I · Owner-occupier · 80–90% LVR
- 6.82% comparison · 6.64% advertised
- Variable · P&I · Owner-occupier · 90–95% LVR
- 7.32% comparison · 7.14% advertised
- Application fee
- None
- Ongoing fee
- $17 a month
- Discharge fee
- $275
- Offset account fee
- None
- Offset account
- Yes
- Redraw
- No
- Extra repayments
- Yes
- Portable
- No
- Repayment holiday
- Yes
- Minimum loan
- $10,000
- Offset Home Loan · Variable · P&I · Owner-occupier
- RBA cash rate
- Market average
October 20261 change
- 16Fri
- 5 variants up 0.24 to 0.2516 days after the RBA rise to 4.60%+0.24 to +0.25All Variable · P&I · Owner-occupier
≤60% LVR 6.32 6.57 +0.25 60–70% LVR 6.32 6.57 +0.25 70–80% LVR 6.37 6.62 +0.25 80–90% LVR 6.58 6.82 +0.24 90–95% LVR 7.07 7.32 +0.25
A home loan packed with positives for future generations.
Also from Bank Australia: Basic Home Loan 6.39% · Basic Home Loan Fixed 6.42% · Basic Loan 6.59% · Offset Home Loan Fixed 6.60% · Basic Loan Fixed 6.61% · Offset Loan 6.68% · Offset Loan Fixed 6.71%
As of 2 November 2026, the Bank Australia Offset Home Loan's variable owner-occupier P&I variant has a comparison rate of 6.62% (6.43% advertised), ranking 60th of 93 variable owner-occupier P&I loans and sitting 0.04 points above the market average of 6.58%. The product comes in 5 variants; the others are other LVR bands. Its rate last moved on 16 October 2026, 16 days after the RBA rise to 4.60%. From the provider's Consumer Data Right feed, refreshed nightly.