Defence Bank home loans
6 home loans with 18 options: variable or fixed from 1 to 5 years, for owner-occupiers or investors, paying principal and interest or interest only. Headline variant: owner-occupier · P&I · ≤80% LVR · comparison rate.
- Premier Low RateRedraw · no ongoing fee6.74%
- Premier Home LoanOffset account · redraw · no ongoing fee6.84%
- Ultimate Essentials VariableOffset account · redraw · no ongoing fee7.13%
- Ultimate Essentials I/OOffset account · no ongoing fee–
- Ultimate Essentials FixedNo ongoing fee–
- Ultimate Essential Inv FixedNo ongoing fee–
The lowest rate for each choice: the comparison rate where the lender publishes one, else the advertised rate. Every variant is on the loan's own page.
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.
October 20268 changes
- 27Tue
- Ultimate Essentials Investor Variablevariable investor P&I 6.98 → 7.2327 days after the RBA rise to 4.60%+0.25
- +0.25
- Ultimate Essentials Variablevariable owner-occupier P&I 6.88 → 7.1327 days after the RBA rise to 4.60%+0.25
- +0.21 to +0.26
- Premier Investor Low Rate2 variants up 0.2527 days after the RBA rise to 4.60%+0.25All Variable · P&I · Investor
≤70% LVR 6.34 6.59 +0.25 70–95% LVR 6.59 6.84 +0.25 - +0.21 to +0.26
- Ultimate Essentials I/Ovariable investor interest-only 7.02 → 7.2327 days after the RBA rise to 4.60%+0.21
- Premier Low Rate2 variants up 0.2527 days after the RBA rise to 4.60%+0.25All Variable · P&I · Owner-occupier
≤70% LVR 6.24 6.49 +0.25 70–95% LVR 6.49 6.74 +0.25
Investor, interest-only and other LVR-band variants sit behind each product; ranks are within the variant's own cohort. Compare home loans · Home loan report
Notes on Defence Bank home loans
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As of 2 November 2026, Defence Bank has six home loan products in 24 variants tracked by BankMate. Its lowest comparison rate for an owner-occupier paying principal and interest on a variable loan is 6.74% (Premier Low Rate), ranking 74th of 93 variable owner-occupier P&I loans and sitting 0.16 points above the market average of 6.58%. Its rates last moved on 27 October 2026, 27 days after the RBA rise to 4.60%. From the provider's Consumer Data Right feed, refreshed nightly.