BankMate

Home loan · Variable

Macquarie Offset Home Loan

Rate
Loan for
Repayments
Deposit

6.59%comparison rate p.a. · 6.34% advertised · With a package · $248 a year

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

57th of 93 variable owner-occupier P&I loans

Go to Macquarie

The same choices at every rate type

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
No
Extra repayments
Yes
Application fee
None
Ongoing fee
None
Discharge fee
$400
Compare all 321 home loans
Compare Macquarie Offset side by side

Often compared with: ING · CommBank

Variable · P&I · Owner-occupier · ≤60% LVR
6.54% comparison · 6.29% advertised
Variable · P&I · Owner-occupier · 60–70% LVR
6.54% comparison · 6.29% advertised
Variable · P&I · Owner-occupier · 70–80% LVR
6.59% comparison · 6.34% advertised
Variable · P&I · Owner-occupier · 80–90% LVR
6.79% comparison · 6.54% advertised
Variable · P&I · Owner-occupier · 90–95% LVR
7.58% comparison · 7.34% advertised
Variable · Interest Only · Owner-occupier · ≤60% LVR
6.84% comparison · 6.59% advertised
Variable · Interest Only · Owner-occupier · 60–70% LVR
6.84% comparison · 6.59% advertised
Variable · Interest Only · Owner-occupier · 70–80% LVR
6.89% comparison · 6.64% advertised
Variable · P&I · Investor · ≤60% LVR
6.64% comparison · 6.39% advertised
Variable · P&I · Investor · 60–70% LVR
6.69% comparison · 6.44% advertised
Variable · P&I · Investor · 70–80% LVR
6.74% comparison · 6.49% advertised
Variable · P&I · Investor · 80–90% LVR
7.59% comparison · 7.35% advertised
Variable · Interest Only · Investor · ≤60% LVR
6.84% comparison · 6.59% advertised
Variable · Interest Only · Investor · 60–70% LVR
6.84% comparison · 6.59% advertised
Variable · Interest Only · Investor · 70–80% LVR
6.89% comparison · 6.64% advertised
1yr Fixed · P&I · Owner-occupier · ≤70% LVR
6.56% comparison · 6.49% advertised
1yr Fixed · P&I · Owner-occupier · 70–80% LVR
6.61% comparison · 6.54% advertised
1yr Fixed · P&I · Owner-occupier · 80–95% LVR
7.53% comparison · 6.84% advertised
1yr Fixed · Interest Only · Owner-occupier · ≤70% LVR
6.86% comparison · 6.84% advertised
1yr Fixed · Interest Only · Owner-occupier · 70–80% LVR
6.92% comparison · 6.94% advertised
1yr Fixed · P&I · Investor · ≤70% LVR
6.71% comparison · 6.64% advertised
1yr Fixed · P&I · Investor · 70–80% LVR
6.76% comparison · 6.69% advertised
1yr Fixed · P&I · Investor · 80–90% LVR
7.59% comparison · 7.34% advertised
1yr Fixed · Interest Only · Investor · ≤70% LVR
6.86% comparison · 6.84% advertised
1yr Fixed · Interest Only · Investor · 70–80% LVR
6.92% comparison · 6.94% advertised
2yr Fixed · P&I · Owner-occupier · ≤70% LVR
6.60% comparison · 6.59% advertised
2yr Fixed · P&I · Owner-occupier · 70–80% LVR
6.65% comparison · 6.64% advertised
2yr Fixed · P&I · Owner-occupier · 80–95% LVR
7.50% comparison · 6.94% advertised
2yr Fixed · Interest Only · Owner-occupier · ≤70% LVR
6.91% comparison · 6.94% advertised
2yr Fixed · Interest Only · Owner-occupier · 70–80% LVR
6.96% comparison · 7.04% advertised
2yr Fixed · P&I · Investor · ≤70% LVR
6.75% comparison · 6.74% advertised
2yr Fixed · P&I · Investor · 70–80% LVR
6.80% comparison · 6.79% advertised
2yr Fixed · P&I · Investor · 80–90% LVR
7.60% comparison · 7.39% advertised
2yr Fixed · Interest Only · Investor · ≤70% LVR
6.91% comparison · 6.94% advertised
2yr Fixed · Interest Only · Investor · 70–80% LVR
6.96% comparison · 7.04% advertised
3yr Fixed · P&I · Owner-occupier · ≤70% LVR
6.62% comparison · 6.59% advertised
3yr Fixed · P&I · Owner-occupier · 70–80% LVR
6.67% comparison · 6.64% advertised
3yr Fixed · P&I · Owner-occupier · 80–95% LVR
7.46% comparison · 6.94% advertised
3yr Fixed · Interest Only · Owner-occupier · ≤70% LVR
6.94% comparison · 6.94% advertised
3yr Fixed · Interest Only · Owner-occupier · 70–80% LVR
7.00% comparison · 7.04% advertised
3yr Fixed · P&I · Investor · ≤70% LVR
6.77% comparison · 6.74% advertised
3yr Fixed · P&I · Investor · 70–80% LVR
6.82% comparison · 6.79% advertised
3yr Fixed · P&I · Investor · 80–90% LVR
7.59% comparison · 7.35% advertised
3yr Fixed · Interest Only · Investor · ≤70% LVR
6.94% comparison · 6.94% advertised
3yr Fixed · Interest Only · Investor · 70–80% LVR
7.00% comparison · 7.04% advertised
4yr Fixed · P&I · Owner-occupier · ≤70% LVR
6.66% comparison · 6.64% advertised
4yr Fixed · P&I · Owner-occupier · 70–80% LVR
6.71% comparison · 6.69% advertised
4yr Fixed · P&I · Owner-occupier · 80–95% LVR
7.45% comparison · 6.99% advertised
4yr Fixed · Interest Only · Owner-occupier · ≤70% LVR
6.98% comparison · 6.99% advertised
4yr Fixed · Interest Only · Owner-occupier · 70–80% LVR
7.05% comparison · 7.09% advertised
4yr Fixed · P&I · Investor · ≤70% LVR
6.81% comparison · 6.79% advertised
4yr Fixed · P&I · Investor · 70–80% LVR
6.86% comparison · 6.84% advertised
4yr Fixed · P&I · Investor · 80–90% LVR
7.67% comparison · 7.55% advertised
4yr Fixed · Interest Only · Investor · ≤70% LVR
6.98% comparison · 6.99% advertised
4yr Fixed · Interest Only · Investor · 70–80% LVR
7.05% comparison · 7.09% advertised
5yr Fixed · P&I · Owner-occupier · ≤70% LVR
6.69% comparison · 6.64% advertised
5yr Fixed · P&I · Owner-occupier · 70–80% LVR
6.74% comparison · 6.69% advertised
5yr Fixed · P&I · Owner-occupier · 80–95% LVR
7.42% comparison · 6.99% advertised
5yr Fixed · Interest Only · Owner-occupier · ≤70% LVR
7.01% comparison · 6.99% advertised
5yr Fixed · Interest Only · Owner-occupier · 70–80% LVR
7.08% comparison · 7.09% advertised
5yr Fixed · P&I · Investor · ≤70% LVR
6.84% comparison · 6.79% advertised
5yr Fixed · P&I · Investor · 70–80% LVR
6.89% comparison · 6.84% advertised
5yr Fixed · P&I · Investor · 80–90% LVR
7.68% comparison · 7.55% advertised
5yr Fixed · Interest Only · Investor · ≤70% LVR
7.01% comparison · 6.99% advertised
5yr Fixed · Interest Only · Investor · 70–80% LVR
7.08% comparison · 7.09% advertised

Application fee
None
Ongoing fee
None
Discharge fee
$400
Package (a package)
$248 a year

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

Minimum loan
$150,000
Maximum loan
$10,000,000

  • Macquarie Offset Home Loan · Variable · P&I · Owner-occupier
  • RBA cash rate
  • Market average
5.006.00SepOctToday6.59% p.a. today

October 20262 changes

  1. 20Tue
    • 26 variants cut 0.01 to 0.09
      All Interest Only
      Variable · Owner-occupier · ≤60% LVR6.856.84−0.01
      Variable · Owner-occupier · 60–70% LVR6.896.84−0.05
      Variable · Owner-occupier · 70–80% LVR6.986.89−0.09
      Variable · Investor · ≤60% LVR6.856.84−0.01
      Variable · Investor · 60–70% LVR6.896.84−0.05
      Variable · Investor · 70–80% LVR6.986.89−0.09
      1yr Fixed · Owner-occupier · ≤70% LVR6.916.86−0.05
      1yr Fixed · Owner-occupier · 70–80% LVR7.016.92−0.09
      1yr Fixed · Investor · ≤70% LVR6.916.86−0.05
      1yr Fixed · Investor · 70–80% LVR7.016.92−0.09
      2yr Fixed · Owner-occupier · ≤70% LVR6.946.91−0.03
      2yr Fixed · Owner-occupier · 70–80% LVR7.046.96−0.08
      2yr Fixed · Investor · ≤70% LVR6.946.91−0.03
      2yr Fixed · Investor · 70–80% LVR7.046.96−0.08
      3yr Fixed · Owner-occupier · ≤70% LVR6.976.94−0.03
      3yr Fixed · Owner-occupier · 70–80% LVR7.077.00−0.07
      3yr Fixed · Investor · ≤70% LVR6.976.94−0.03
      3yr Fixed · Investor · 70–80% LVR7.077.00−0.07
      4yr Fixed · Owner-occupier · ≤70% LVR7.016.98−0.03
      4yr Fixed · Owner-occupier · 70–80% LVR7.117.05−0.06
      4yr Fixed · Investor · ≤70% LVR7.016.98−0.03
      4yr Fixed · Investor · 70–80% LVR7.117.05−0.06
      5yr Fixed · Owner-occupier · ≤70% LVR7.047.01−0.03
      5yr Fixed · Owner-occupier · 70–80% LVR7.147.08−0.06
      5yr Fixed · Investor · ≤70% LVR7.047.01−0.03
      5yr Fixed · Investor · 70–80% LVR7.147.08−0.06
      −0.09 to −0.01
  2. 15Thu
    • 65 variants up 0.13 to 0.2515 days after the RBA rise to 4.60%
      Variable · P&I · Owner-occupier · ≤60% LVR6.296.54+0.25
      Variable · P&I · Owner-occupier · 60–70% LVR6.296.54+0.25
      Variable · P&I · Owner-occupier · 70–80% LVR6.346.59+0.25
      Variable · P&I · Owner-occupier · 80–90% LVR6.546.79+0.25
      Variable · P&I · Owner-occupier · 90–95% LVR7.337.58+0.25
      Variable · Interest Only · Owner-occupier · ≤60% LVR6.606.85+0.25
      Variable · Interest Only · Owner-occupier · 60–70% LVR6.646.89+0.25
      Variable · Interest Only · Owner-occupier · 70–80% LVR6.746.98+0.24
      Variable · P&I · Investor · ≤60% LVR6.396.64+0.25
      Variable · P&I · Investor · 60–70% LVR6.446.69+0.25
      Variable · P&I · Investor · 70–80% LVR6.496.74+0.25
      Variable · P&I · Investor · 80–90% LVR7.347.59+0.25
      Variable · Interest Only · Investor · ≤60% LVR6.606.85+0.25
      Variable · Interest Only · Investor · 60–70% LVR6.646.89+0.25
      Variable · Interest Only · Investor · 70–80% LVR6.746.98+0.24
      1yr Fixed · P&I · Owner-occupier · ≤70% LVR6.346.56+0.22
      1yr Fixed · P&I · Owner-occupier · 70–80% LVR6.396.61+0.22
      1yr Fixed · P&I · Owner-occupier · 80–95% LVR7.317.53+0.22
      1yr Fixed · Interest Only · Owner-occupier · ≤70% LVR6.686.91+0.23
      1yr Fixed · Interest Only · Owner-occupier · 70–80% LVR6.787.01+0.23
      1yr Fixed · P&I · Investor · ≤70% LVR6.486.71+0.23
      1yr Fixed · P&I · Investor · 70–80% LVR6.536.76+0.23
      1yr Fixed · P&I · Investor · 80–90% LVR7.377.59+0.22
      1yr Fixed · Interest Only · Investor · ≤70% LVR6.686.91+0.23
      1yr Fixed · Interest Only · Investor · 70–80% LVR6.787.01+0.23
      2yr Fixed · P&I · Owner-occupier · ≤70% LVR6.406.60+0.20
      2yr Fixed · P&I · Owner-occupier · 70–80% LVR6.456.65+0.20
      2yr Fixed · P&I · Owner-occupier · 80–95% LVR7.307.50+0.20
      2yr Fixed · Interest Only · Owner-occupier · ≤70% LVR6.756.94+0.19
      2yr Fixed · Interest Only · Owner-occupier · 70–80% LVR6.857.04+0.19
      2yr Fixed · P&I · Investor · ≤70% LVR6.556.75+0.20
      2yr Fixed · P&I · Investor · 70–80% LVR6.606.80+0.20
      2yr Fixed · P&I · Investor · 80–90% LVR7.407.60+0.20
      2yr Fixed · Interest Only · Investor · ≤70% LVR6.756.94+0.19
      2yr Fixed · Interest Only · Investor · 70–80% LVR6.857.04+0.19
      3yr Fixed · P&I · Owner-occupier · ≤70% LVR6.446.62+0.18
      3yr Fixed · P&I · Owner-occupier · 70–80% LVR6.496.67+0.18
      3yr Fixed · P&I · Owner-occupier · 80–95% LVR7.297.46+0.17
      3yr Fixed · Interest Only · Owner-occupier · ≤70% LVR6.796.97+0.18
      3yr Fixed · Interest Only · Owner-occupier · 70–80% LVR6.897.07+0.18
      3yr Fixed · P&I · Investor · ≤70% LVR6.596.77+0.18
      3yr Fixed · P&I · Investor · 70–80% LVR6.646.82+0.18
      3yr Fixed · P&I · Investor · 80–90% LVR7.417.59+0.18
      3yr Fixed · Interest Only · Investor · ≤70% LVR6.796.97+0.18
      3yr Fixed · Interest Only · Investor · 70–80% LVR6.897.07+0.18
      4yr Fixed · P&I · Owner-occupier · ≤70% LVR6.516.66+0.15
      4yr Fixed · P&I · Owner-occupier · 70–80% LVR6.566.71+0.15
      4yr Fixed · P&I · Owner-occupier · 80–95% LVR7.297.45+0.16
      4yr Fixed · Interest Only · Owner-occupier · ≤70% LVR6.867.01+0.15
      4yr Fixed · Interest Only · Owner-occupier · 70–80% LVR6.967.11+0.15
      4yr Fixed · P&I · Investor · ≤70% LVR6.666.81+0.15
      4yr Fixed · P&I · Investor · 70–80% LVR6.716.86+0.15
      4yr Fixed · P&I · Investor · 80–90% LVR7.517.67+0.16
      4yr Fixed · Interest Only · Investor · ≤70% LVR6.867.01+0.15
      4yr Fixed · Interest Only · Investor · 70–80% LVR6.967.11+0.15
      5yr Fixed · P&I · Owner-occupier · ≤70% LVR6.556.69+0.14
      5yr Fixed · P&I · Owner-occupier · 70–80% LVR6.606.74+0.14
      5yr Fixed · P&I · Owner-occupier · 80–95% LVR7.297.42+0.13
      5yr Fixed · Interest Only · Owner-occupier · ≤70% LVR6.907.04+0.14
      5yr Fixed · Interest Only · Owner-occupier · 70–80% LVR7.007.14+0.14
      5yr Fixed · P&I · Investor · ≤70% LVR6.706.84+0.14
      5yr Fixed · P&I · Investor · 70–80% LVR6.756.89+0.14
      5yr Fixed · P&I · Investor · 80–90% LVR7.547.68+0.14
      5yr Fixed · Interest Only · Investor · ≤70% LVR6.907.04+0.14
      5yr Fixed · Interest Only · Investor · 70–80% LVR7.007.14+0.14
      +0.13 to +0.25

September 20261 change

  1. 24Thu
    • 50 variants up 0.01 to 0.09
      1yr Fixed · P&I · Owner-occupier · ≤70% LVR6.336.34+0.01
      1yr Fixed · P&I · Owner-occupier · 70–80% LVR6.386.39+0.01
      1yr Fixed · P&I · Owner-occupier · 80–95% LVR7.297.31+0.02
      1yr Fixed · Interest Only · Owner-occupier · ≤70% LVR6.676.68+0.01
      1yr Fixed · Interest Only · Owner-occupier · 70–80% LVR6.776.78+0.01
      1yr Fixed · P&I · Investor · ≤70% LVR6.476.48+0.01
      1yr Fixed · P&I · Investor · 70–80% LVR6.526.53+0.01
      1yr Fixed · P&I · Investor · 80–90% LVR7.367.37+0.01
      1yr Fixed · Interest Only · Investor · ≤70% LVR6.676.68+0.01
      1yr Fixed · Interest Only · Investor · 70–80% LVR6.776.78+0.01
      2yr Fixed · P&I · Owner-occupier · ≤70% LVR6.366.40+0.04
      2yr Fixed · P&I · Owner-occupier · 70–80% LVR6.416.45+0.04
      2yr Fixed · P&I · Owner-occupier · 80–95% LVR7.267.30+0.04
      2yr Fixed · Interest Only · Owner-occupier · ≤70% LVR6.716.75+0.04
      2yr Fixed · Interest Only · Owner-occupier · 70–80% LVR6.816.85+0.04
      2yr Fixed · P&I · Investor · ≤70% LVR6.516.55+0.04
      2yr Fixed · P&I · Investor · 70–80% LVR6.566.60+0.04
      2yr Fixed · P&I · Investor · 80–90% LVR7.367.40+0.04
      2yr Fixed · Interest Only · Investor · ≤70% LVR6.716.75+0.04
      2yr Fixed · Interest Only · Investor · 70–80% LVR6.816.85+0.04
      3yr Fixed · P&I · Owner-occupier · ≤70% LVR6.396.44+0.05
      3yr Fixed · P&I · Owner-occupier · 70–80% LVR6.446.49+0.05
      3yr Fixed · P&I · Owner-occupier · 80–95% LVR7.237.29+0.06
      3yr Fixed · Interest Only · Owner-occupier · ≤70% LVR6.746.79+0.05
      3yr Fixed · Interest Only · Owner-occupier · 70–80% LVR6.846.89+0.05
      3yr Fixed · P&I · Investor · ≤70% LVR6.546.59+0.05
      3yr Fixed · P&I · Investor · 70–80% LVR6.596.64+0.05
      3yr Fixed · P&I · Investor · 80–90% LVR7.367.41+0.05
      3yr Fixed · Interest Only · Investor · ≤70% LVR6.746.79+0.05
      3yr Fixed · Interest Only · Investor · 70–80% LVR6.846.89+0.05
      4yr Fixed · P&I · Owner-occupier · ≤70% LVR6.436.51+0.08
      4yr Fixed · P&I · Owner-occupier · 70–80% LVR6.486.56+0.08
      4yr Fixed · P&I · Owner-occupier · 80–95% LVR7.227.29+0.07
      4yr Fixed · Interest Only · Owner-occupier · ≤70% LVR6.786.86+0.08
      4yr Fixed · Interest Only · Owner-occupier · 70–80% LVR6.886.96+0.08
      4yr Fixed · P&I · Investor · ≤70% LVR6.586.66+0.08
      4yr Fixed · P&I · Investor · 70–80% LVR6.636.71+0.08
      4yr Fixed · P&I · Investor · 80–90% LVR7.447.51+0.07
      4yr Fixed · Interest Only · Investor · ≤70% LVR6.786.86+0.08
      4yr Fixed · Interest Only · Investor · 70–80% LVR6.886.96+0.08
      5yr Fixed · P&I · Owner-occupier · ≤70% LVR6.466.55+0.09
      5yr Fixed · P&I · Owner-occupier · 70–80% LVR6.516.60+0.09
      5yr Fixed · P&I · Owner-occupier · 80–95% LVR7.207.29+0.09
      5yr Fixed · Interest Only · Owner-occupier · ≤70% LVR6.816.90+0.09
      5yr Fixed · Interest Only · Owner-occupier · 70–80% LVR6.917.00+0.09
      5yr Fixed · P&I · Investor · ≤70% LVR6.616.70+0.09
      5yr Fixed · P&I · Investor · 70–80% LVR6.666.75+0.09
      5yr Fixed · P&I · Investor · 80–90% LVR7.457.54+0.09
      5yr Fixed · Interest Only · Investor · ≤70% LVR6.816.90+0.09
      5yr Fixed · Interest Only · Investor · 70–80% LVR6.917.00+0.09
      +0.01 to +0.09

The Macquarie offset home loan package is designed to reduce your interest repayments, bucket your savings and access your savings without additional fees.

Also from Macquarie: Macquarie Basic Home Loan 6.36%

As of 2 November 2026, the Macquarie Offset Home Loan's variable owner-occupier P&I variant has a comparison rate of 6.59% (6.34% advertised), ranking 57th of 93 variable owner-occupier P&I loans and sitting 0.01 points above the market average of 6.58%. The product comes in 65 variants; the others are investor, interest-only, fixed-rate and other LVR bands. Its rate last moved on 20 October 2026. From the provider's Consumer Data Right feed, refreshed nightly.