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Home loan · Variable

Basic Variable

Loan for
Repayments
Deposit

6.55%comparison rate p.a. · 6.49% advertised

Variable · P&I · Owner-occupier · 70–80% LVR

55th of 91 variable owner-occupier P&I loans

Go to Great Southern Bank

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
No
Redraw
Yes
Extra repayments
Yes
Application fee
$600
Ongoing fee
None
Discharge fee
$500
Compare all 311 home loans

Variable · P&I · Owner-occupier · ≤70% LVR
6.35% comparison · 6.29% advertised
Variable · P&I · Owner-occupier · 70–80% LVR
6.55% comparison · 6.49% advertised
Variable · P&I · Owner-occupier · 80–90% LVR
6.75% comparison · 6.69% advertised
Variable · P&I · Owner-occupier · 90–95% LVR
7.25% comparison · 7.19% advertised
Variable · Interest Only · Owner-occupier · ≤70% LVR
6.48% comparison · 6.74% advertised
Variable · Interest Only · Owner-occupier · 70–80% LVR
6.75% comparison · 7.19% advertised
Variable · Interest Only · Owner-occupier · 80–90% LVR
7.05% comparison · 7.69% advertised
Variable · P&I · Investor · ≤70% LVR
6.55% comparison · 6.49% advertised
Variable · P&I · Investor · 70–80% LVR
6.70% comparison · 6.64% advertised
Variable · P&I · Investor · 80–90% LVR
6.95% comparison · 6.89% advertised
Variable · Interest Only · Investor · ≤70% LVR
6.64% comparison · 6.69% advertised
Variable · Interest Only · Investor · 70–80% LVR
6.81% comparison · 6.89% advertised
Variable · Interest Only · Investor · 80–90% LVR
7.13% comparison · 7.29% advertised

Application fee
$600
Ongoing fee
None
Discharge fee
$500
Redraw fee
None

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

Minimum loan
$100,000
Maximum loan
$5,000,000

  • Basic Variable · Variable · P&I · Owner-occupier
  • RBA cash rate
  • Market average
5.006.00AugSepToday6.55% p.a. today
  1. Basic Variable Investment IOapplication fee $0 → $600 on 3 variants
    All Variable · Interest Only · Investor
    ≤70% LVR$0$600+$600
    70–80% LVR$0$600+$600
    80–90% LVR$0$600+$600
    +$600
  2. Basic Variable OO IOapplication fee $0 → $600 on 3 variants
    All Variable · Interest Only · Owner-occupier
    ≤70% LVR$0$600+$600
    70–80% LVR$0$600+$600
    80–90% LVR$0$600+$600
    +$600
  3. Basic Variable OO P&Iapplication fee $0 → $600 on 4 variants
    All Variable · P&I · Owner-occupier
    ≤70% LVR$0$600+$600
    70–80% LVR$0$600+$600
    80–90% LVR$0$600+$600
    90–95% LVR$0$600+$600
    +$600
  4. Basic Variable Investment P&I3 variants up 0.258 days after the RBA rise to 4.60%
    All Variable · P&I · Investor
    ≤70% LVR6.306.55+0.25
    70–80% LVR6.456.70+0.25
    80–90% LVR6.706.95+0.25
    +0.25
  5. Basic Variable Investment P&Iapplication fee $0 → $600 on 3 variants
    All Variable · P&I · Investor
    ≤70% LVR$0$600+$600
    70–80% LVR$0$600+$600
    80–90% LVR$0$600+$600
    +$600
  6. Basic Variable Investment IO3 variants up 0.257 days after the RBA rise to 4.60%
    All Variable · Interest Only · Investor
    ≤70% LVR6.396.64+0.25
    70–80% LVR6.566.81+0.25
    80–90% LVR6.887.13+0.25
    +0.25
  1. Basic Variable OO IO3 variants up 0.25 to 0.267 days after the RBA rise to 4.60%
    All Variable · Interest Only · Owner-occupier
    ≤70% LVR6.236.48+0.25
    70–80% LVR6.506.75+0.25
    80–90% LVR6.797.05+0.26
    +0.25 to +0.26
  2. Basic Variable OO P&I4 variants up 0.257 days after the RBA rise to 4.60%
    All Variable · P&I · Owner-occupier
    ≤70% LVR6.106.35+0.25
    70–80% LVR6.306.55+0.25
    80–90% LVR6.506.75+0.25
    90–95% LVR7.007.25+0.25
    +0.25

Tracked since 25 September 2026. Our own corrections of a misread figure aren't shown.

Save with a Great Southern Bank Basic Variable Home Loan. It’s a simple, competitive rate home loan with no monthly or annual fees and the ability to make unlimited extra repayments.

Also from Great Southern Bank: Offset Variable 6.60% · Fixed Rate 7.65%

As of 15 October 2026, the Great Southern Bank Basic Variable's variable owner-occupier P&I variant has a comparison rate of 6.55% (6.49% advertised), ranking 55th of 91 variable owner-occupier P&I loans and sitting 0.01 points above the market average of 6.54%. The product comes in 13 variants; the others are investor, interest-only and other LVR bands. Its rate last moved on 8 October 2026, 8 days after the RBA rise to 4.60%. From the provider's Consumer Data Right feed, refreshed nightly.