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Defence Bank · Home loan · Variable

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Ultimate Essentials Variable

As of 18 September 2026, the Defence Bank Ultimate Essentials Variable's variable owner-occupier P&I variant has a comparison rate of 6.84% (6.74% advertised), ranking 83rd of 107 variable owner-occupier P&I loans and sitting 0.08 points above the market average of 6.76%.

6.84%comparison rate p.a.

6.74% advertised · Variable · P&I · Owner-occupier

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Rate over time

Comparison rate · Variable · P&I · Owner-occupier
  • Ultimate Essentials Variable · Variable · P&I · Owner-occupier
  • RBA cash rate
  • Market average
4.005.006.007.00Today6.84% p.a. today

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
6.84% comparison · 6.74% advertised

Fees

Application fee
None
Ongoing fee
$8 a month
Discharge fee
None
Package annual fee
$96 a year
Redraw fee
None

Features

Offset account
Yes
Redraw
Yes
Extra repayments
Yes
Portable
Yes
Repayment holiday
No

About this product

The cream of the crop when it comes to our range of home loans on offer.

Compare all home loans