Home loan · Variable
Offset Home Loan
6.51%comparison rate p.a. · 6.48% advertised
Variable · P&I · Owner-occupier · 60.01–80% LVR
47th of 91 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
- Yes
- Extra repayments
- Yes
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $395
- Variable · P&I · Owner-occupier · ≤60% LVR
- 6.42% comparison · 6.39% advertised
- Variable · P&I · Owner-occupier · 60.01–80% LVR
- 6.51% comparison · 6.48% advertised
- Variable · P&I · Owner-occupier · 80.01–95% LVR
- 6.67% comparison · 6.64% advertised
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $395
- Valuation fee
- None
- Redraw fee
- None
- Offset account
- Yes
- Redraw
- Yes
- Extra repayments
- Yes
- Portable
- No
- Repayment holiday
- No
- Minimum loan
- $20,000
- Maximum loan
- $5,000,000
- Offset Home Loan · Variable · P&I · Owner-occupier
- RBA cash rate
- Market average
- Offset Home Loan LVR >60-80variable owner-occupier P&I 6.26 → 6.5114 days after the RBA rise to 4.60%+0.25
- Offset Home Loan LVR >80variable owner-occupier P&I 6.42 → 6.6714 days after the RBA rise to 4.60%+0.25
- Offset Home Loan LVR <60variable owner-occupier P&I 6.17 → 6.4214 days after the RBA rise to 4.60%+0.25
Tracked since 12 September 2026. Our own corrections of a misread figure aren't shown.
BCU Bank's Offset Home Loan is a variable rate loan with the flexibility to use your savings to reduce the interest you pay.
Also from BCU: OMG Home Loan 6.32% · Fixed Home Loan 6.51% · Basic Loan 6.57% · Variable Home Loan 6.72%
As of 15 October 2026, the BCU Offset Home Loan's variable owner-occupier P&I variant has a comparison rate of 6.51% (6.48% advertised), ranking 47th of 91 variable owner-occupier P&I loans and sitting 0.03 points below the market average of 6.54%. The product comes in 3 variants; the others are other LVR bands. Its rate last moved on 14 October 2026, 14 days after the RBA rise to 4.60%. From the provider's Consumer Data Right feed, refreshed nightly.