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Home loan · Variable

Discounted Great Rate Home Loan Variable

Loan for
Repayments

6.35%comparison rate p.a. · 6.34% advertised

Variable · P&I · Owner-occupier · ≤80% LVR

18th of 149 variable owner-occupier P&I loans

Go to Greater 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
$500
Ongoing fee
None
Discharge fee
$300
Compare all 859 home loans
Compare Greater Bank Discounted Great Rate Variable side by side

Variable · P&I · Owner-occupier · ≤80% LVR
6.35% comparison · 6.34% advertised
Variable · Interest Only · Owner-occupier · ≤80% LVR
6.39% comparison · 6.44% advertised
Variable · P&I · Investor · ≤80% LVR
6.70% comparison · 6.69% advertised
Variable · Interest Only · Investor · ≤80% LVR
6.75% comparison · 6.79% advertised

Application fee
$500
Ongoing fee
None
Discharge fee
$300
Redraw fee
None

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

Minimum loan
$150,000

  • Discounted Great Rate Home Loan Variable · Variable · P&I · Owner-occupier
  • RBA cash rate
  • Market average
4.005.006.007.00SepOctToday6.35% p.a. today

November 20264 changes

  1. 13Fri
    • Variable investor P&I 6.45 → 6.709 days after the RBA rise to 4.85%
      +0.25
    • Variable investor interest-only 6.49 → 6.759 days after the RBA rise to 4.85%
      +0.26
    • Variable owner-occupier interest-only 6.14 → 6.399 days after the RBA rise to 4.85%
      +0.25
    • Variable owner-occupier P&I 6.10 → 6.359 days after the RBA rise to 4.85%
      +0.25

Also from Greater Bank: Discounted Ultimate Packaged Home Loan Variable 7.05% · Great Rate Home Loan Fixed 7.59% · Ultimate Packaged Home Loan Fixed 7.79% · Great Rate Home Loan Variable 8.37% · Ultimate Packaged Home Loan Variable 8.50%

As of 13 November 2026, the Greater Bank Discounted Great Rate Home Loan Variable's variable owner-occupier P&I variant has a comparison rate of 6.35% (6.34% advertised), ranking 18th of 149 variable owner-occupier P&I loans and sitting 0.47 points below the market average of 6.82%. The product comes in 4 variants; the others are investor and interest-only. Its rate last moved on 13 November 2026, 9 days after the RBA rise to 4.85%. From the provider's Consumer Data Right feed, refreshed nightly.