Home loan · Variable
Simple Home Loan
6.88%comparison rate p.a. · 6.74% advertised
Variable · P&I · Owner-occupier · 70–80% LVR
80th 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
- $10 a month
- Discharge fee
- $350
- Variable · P&I · Owner-occupier · ≤60% LVR
- 6.73% comparison · 6.59% advertised
- Variable · P&I · Owner-occupier · 60–70% LVR
- 6.78% comparison · 6.64% advertised
- Variable · P&I · Owner-occupier · 70–80% LVR
- 6.88% comparison · 6.74% advertised
- Variable · P&I · Owner-occupier · 80–90% LVR
- 7.18% comparison · 7.04% advertised
- Variable · P&I · Owner-occupier · 90–95% LVR
- 8.13% comparison · 7.99% advertised
- Variable · Interest Only · Owner-occupier · ≤60% LVR
- 6.94% comparison · 7.08% advertised
- Variable · Interest Only · Owner-occupier · 60–70% LVR
- 6.99% comparison · 7.13% advertised
- Variable · Interest Only · Owner-occupier · 70–80% LVR
- 7.09% comparison · 7.23% advertised
- Variable · P&I · Investor · ≤60% LVR
- 6.92% comparison · 6.79% advertised
- Variable · P&I · Investor · 60–70% LVR
- 6.97% comparison · 6.84% advertised
- Variable · P&I · Investor · 70–80% LVR
- 7.07% comparison · 6.94% advertised
- Variable · P&I · Investor · 80–90% LVR
- 7.42% comparison · 7.29% advertised
- Variable · P&I · Investor · 90–95% LVR
- 8.22% comparison · 8.09% advertised
- Variable · Interest Only · Investor · ≤60% LVR
- 7.04% comparison · 7.05% advertised
- Variable · Interest Only · Investor · 60–70% LVR
- 7.09% comparison · 7.10% advertised
- Variable · Interest Only · Investor · 70–80% LVR
- 7.19% comparison · 7.20% advertised
- Variable · Interest Only · Investor · 80–90% LVR
- 7.54% comparison · 7.55% advertised
- Application fee
- None
- Ongoing fee
- $10 a month
- Discharge fee
- $350
- Redraw fee
- None
- Offset account
- Yes
- Redraw
- Yes
- Extra repayments
- Yes
- Portable
- No
- Repayment holiday
- No
- Minimum loan
- $10,000
- Simple Home Loan · Variable · P&I · Owner-occupier
- RBA cash rate
- Market average
- Simple Home Loan (Investment)9 variants up 0.259 days after the RBA rise to 4.60%+0.25All Variable · Investor
P&I · ≤60% LVR 6.67 6.92 +0.25 P&I · 60–70% LVR 6.72 6.97 +0.25 P&I · 70–80% LVR 6.82 7.07 +0.25 P&I · 80–90% LVR 7.17 7.42 +0.25 P&I · 90–95% LVR 7.97 8.22 +0.25 Interest Only · ≤60% LVR 6.79 7.04 +0.25 Interest Only · 60–70% LVR 6.84 7.09 +0.25 Interest Only · 70–80% LVR 6.94 7.19 +0.25 Interest Only · 80–90% LVR 7.29 7.54 +0.25 - Simple Home Loan (Owner Occupied)8 variants up 0.25 to 0.269 days after the RBA rise to 4.60%+0.25 to +0.26All Variable · Owner-occupier
P&I · ≤60% LVR 6.48 6.73 +0.25 P&I · 60–70% LVR 6.53 6.78 +0.25 P&I · 70–80% LVR 6.63 6.88 +0.25 P&I · 80–90% LVR 6.93 7.18 +0.25 P&I · 90–95% LVR 7.88 8.13 +0.25 Interest Only · ≤60% LVR 6.68 6.94 +0.26 Interest Only · 60–70% LVR 6.73 6.99 +0.26 Interest Only · 70–80% LVR 6.84 7.09 +0.25 - Simple Home Loan (Owner Occupied)8 variants cut 0.09 to 0.11−0.11 to −0.09All Variable · Owner-occupier
P&I · ≤60% LVR 6.59 6.48 −0.11 P&I · 60–70% LVR 6.64 6.53 −0.11 P&I · 70–80% LVR 6.74 6.63 −0.11 P&I · 80–90% LVR 7.04 6.93 −0.11 P&I · 90–95% LVR 7.98 7.88 −0.10 Interest Only · ≤60% LVR 6.78 6.68 −0.10 Interest Only · 60–70% LVR 6.83 6.73 −0.10 Interest Only · 70–80% LVR 6.93 6.84 −0.09 - Simple Home Loan (Owner Occupied)ongoing fee $20 → $10 a month on 8 variants−$10/moAll Variable · Owner-occupier
P&I · ≤60% LVR $20 $10 −$10 P&I · 60–70% LVR $20 $10 −$10 P&I · 70–80% LVR $20 $10 −$10 P&I · 80–90% LVR $20 $10 −$10 P&I · 90–95% LVR $20 $10 −$10 Interest Only · ≤60% LVR $20 $10 −$10 Interest Only · 60–70% LVR $20 $10 −$10 Interest Only · 70–80% LVR $20 $10 −$10 - Simple Home Loan (Investment)9 variants cut 0.09 to 0.12−0.12 to −0.09All Variable · Investor
P&I · ≤60% LVR 6.79 6.67 −0.12 P&I · 60–70% LVR 6.84 6.72 −0.12 P&I · 70–80% LVR 6.94 6.82 −0.12 P&I · 80–90% LVR 7.29 7.17 −0.12 P&I · 90–95% LVR 8.08 7.97 −0.11 Interest Only · ≤60% LVR 6.88 6.79 −0.09 Interest Only · 60–70% LVR 6.93 6.84 −0.09 Interest Only · 70–80% LVR 7.03 6.94 −0.09 Interest Only · 80–90% LVR 7.38 7.29 −0.09 - Simple Home Loan (Investment)ongoing fee $20 → $10 a month on 9 variants−$10/moAll Variable · Investor
P&I · ≤60% LVR $20 $10 −$10 P&I · 60–70% LVR $20 $10 −$10 P&I · 70–80% LVR $20 $10 −$10 P&I · 80–90% LVR $20 $10 −$10 P&I · 90–95% LVR $20 $10 −$10 Interest Only · ≤60% LVR $20 $10 −$10 Interest Only · 60–70% LVR $20 $10 −$10 Interest Only · 70–80% LVR $20 $10 −$10 Interest Only · 80–90% LVR $20 $10 −$10
Tracked since 12 September 2026. Our own corrections of a misread figure aren't shown.
A simple home loan with a competitive variable rate and the choice to access two Everyday Offset Accounts.
Also from Commonwealth Bank: Digi Home Loan 6.41% · Standard Variable Rate Home Loan 7.11% · 5 Year Fixed Rate Loan (Owner Occupied) 8.06% · Fixed Rate Home Loan 8.14%
As of 15 October 2026, the Commonwealth Bank Simple Home Loan's variable owner-occupier P&I variant has a comparison rate of 6.88% (6.74% advertised), ranking 80th of 91 variable owner-occupier P&I loans and sitting 0.34 points above the market average of 6.54%. The product comes in 17 variants; the others are investor, interest-only and other LVR bands. Its rate last moved on 9 October 2026, 9 days after the RBA rise to 4.60%. From the provider's Consumer Data Right feed, refreshed nightly.