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BankSA · Home loan · Variable

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Variable Home Loan with Offset

As of 18 September 2026, the BankSA Variable Home Loan with Offset's variable owner-occupier P&I variant has a comparison rate of 8.94% (8.80% advertised), ranking 102nd of 107 variable owner-occupier P&I loans and sitting 2.18 points above the market average of 6.76%. The product comes in 11 variants; the others are investor, interest-only and other LVR bands.

8.94%comparison rate p.a.

8.80% advertised · Variable · P&I · Owner-occupier · 70–80% LVR

10 other variants: investor, interest-only and other LVR bands below.

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Rate over time

Comparison rate · Variable · P&I · Owner-occupier · 70–80% LVR
  • Variable Home Loan with Offset · Variable · P&I · Owner-occupier
  • RBA cash rate
  • Market average
4.006.008.00Today8.94% 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 · ≤70% LVR
8.84% comparison · 8.70% advertised
Variable · P&I · Owner-occupier · 70–80% LVR
8.94% comparison · 8.80% advertised
Variable · P&I · Owner-occupier · 80–95% LVR
9.24% comparison · 9.10% advertised
Variable · Interest Only · Owner-occupier · ≤70% LVR
9.11% comparison · 9.29% advertised
Variable · Interest Only · Owner-occupier · 70–80% LVR
9.21% comparison · 9.39% advertised
Variable · P&I · Investor · ≤70% LVR
9.41% comparison · 9.27% advertised
Variable · P&I · Investor · 70–80% LVR
9.51% comparison · 9.37% advertised
Variable · P&I · Investor · 80–95% LVR
9.81% comparison · 9.67% advertised
Variable · Interest Only · Investor · ≤70% LVR
9.54% comparison · 9.56% advertised
Variable · Interest Only · Investor · 70–80% LVR
9.64% comparison · 9.66% advertised
Variable · Interest Only · Investor · 80–90% LVR
9.94% comparison · 9.96% advertised

Fees

Headline variant
Application fee
$600
Ongoing fee
$33 a month
Discharge fee
$350
Package annual fee
$395 a year
Redraw fee
None

Features

Headline variant
Offset account
Yes
Redraw
Yes
Extra repayments
Yes
Portable
Yes
Repayment holiday
Yes

Eligibility

Minimum loan
$10,000

About this product

Our full-featured variable rate loan, with an offset account and redraw.

Compare all home loans