Home loan · Variable
Premier Home Loan
6.84%comparison rate p.a. · 6.84% advertised
Variable · P&I · Owner-occupier · ≤95% LVR
81st of 93 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
- $250
- Variable · P&I · Owner-occupier · ≤95% LVR
- 6.84% comparison · 6.84% advertised
- Variable · P&I · Investor · ≤95% LVR
- 6.94% comparison · 6.94% advertised
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $250
- Redraw fee
- None
- Offset account
- Yes
- Redraw
- Yes
- Extra repayments
- Yes
- Portable
- No
- Repayment holiday
- No
- Premier Home Loan · Variable · P&I · Owner-occupier
- RBA cash rate
- Market average
October 20262 changes
- 27Tue
- Variable investor P&I 6.69 → 6.9427 days after the RBA rise to 4.60%+0.25
- Variable owner-occupier P&I 6.59 → 6.8427 days after the RBA rise to 4.60%+0.25
The Premier home loan is fuss-free with the flexibility of an offset account - a transaction account that’s linked to your home loan.
Also from Defence Bank: Premier Low Rate 6.74% · Ultimate Essentials Fixed 7.06% · Ultimate Essentials Variable 7.13% · Ultimate Essential Inv Fixed 7.19% · Ultimate Essentials I/O 7.23%
As of 2 November 2026, the Defence Bank Premier Home Loan's variable owner-occupier P&I variant has a comparison rate of 6.84% (6.84% advertised), ranking 81st of 93 variable owner-occupier P&I loans and sitting 0.26 points above the market average of 6.58%. The product comes in 2 variants; the other is investor. Its rate 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.