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Bank Australia · Home loan · Variable

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Offset Home Loan

As of 18 September 2026, the Bank Australia Offset Home Loan's variable owner-occupier P&I variant has a comparison rate of 6.37% (6.18% advertised), ranking 44th of 107 variable owner-occupier P&I loans and sitting 0.39 points below the market average of 6.76%. The product comes in 5 variants; the others are other LVR bands.

6.37%comparison rate p.a.

6.18% advertised · Variable · P&I · Owner-occupier · 70–80% LVR

4 other variants: other LVR bands below.

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Rate over time

Comparison rate · Variable · P&I · Owner-occupier · 70–80% LVR
  • Offset Home Loan · Variable · P&I · Owner-occupier
  • RBA cash rate
  • Market average
4.005.006.007.00Today6.37% p.a. today

Changes

No changes recorded for this product since tracking began on 12 September 2026.

Rates by variant

Comparison rate · advertised rate
Variable · P&I · Owner-occupier · ≤60% LVR
6.32% comparison · 6.13% advertised
Variable · P&I · Owner-occupier · 60–70% LVR
6.32% comparison · 6.13% advertised
Variable · P&I · Owner-occupier · 70–80% LVR
6.37% comparison · 6.18% advertised
Variable · P&I · Owner-occupier · 80–90% LVR
6.58% comparison · 6.39% advertised
Variable · P&I · Owner-occupier · 90–90% LVR
7.07% comparison · 6.89% advertised

Fees

Headline variant
Application fee
None
Ongoing fee
$17 a month
Discharge fee
$275
Redraw fee
None

Features

Headline variant
Offset account
Yes
Redraw
Yes
Extra repayments
Yes
Portable
No
Repayment holiday
Yes

Eligibility

Minimum loan
$10,000

About this product

A home loan packed with positives for future generations.

Compare all home loans