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Defence Bank · Home loan · Variable
LivePremier Low Rate
As of 18 September 2026, the Defence Bank Premier Low Rate's variable owner-occupier P&I variant has a comparison rate of 6.24% (6.24% advertised), ranking 27th of 107 variable owner-occupier P&I loans and sitting 0.52 points below the market average of 6.76%.
6.24%comparison rate p.a.
6.24% advertised · Variable · P&I · Owner-occupier
Rate over time
Comparison rate · Variable · P&I · Owner-occupier- Premier Low Rate · Variable · P&I · Owner-occupier
- RBA cash rate
- Market average
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
- 6.24% comparison · 6.24% advertised
Fees
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $250
- Redraw fee
- None
Features
- Offset account
- No
- Redraw
- Yes
- Extra repayments
- Yes
- Portable
- No
- Repayment holiday
- No
About this product
The Premier low rate home loan is a fuss-free approach to being handed the keys of your new home. Plus you have the freedom of unlimited redraws, and no monthly, annual, extra repayments or application fees.