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People First Bank · Home loan · Variable
LiveBasic Variable Home Loan
As of 18 September 2026, the People First Bank Basic Variable Home Loan's variable owner-occupier P&I variant has a comparison rate of 8.18% (8.18% advertised), ranking 95th of 107 variable owner-occupier P&I loans and sitting 1.42 points above the market average of 6.76%.
8.18%comparison rate p.a.
8.18% advertised · Variable · P&I · Owner-occupier · ≤95% LVR
Rate over time
Comparison rate · Variable · P&I · Owner-occupier · ≤95% LVR- Basic Variable Home Loan · 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 · ≤95% LVR
- 8.18% comparison · 8.18% advertised
Fees
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $350
- Redraw fee
- None
Features
- Offset account
- Yes
- Redraw
- Yes
- Extra repayments
- Yes
- Portable
- No
- Repayment holiday
- No
Eligibility
- Minimum loan
- $20,000
About this product
Our Basic Variable Home & Investment Loans offers our lowest rate with no upfront or no ongoing monthly fee which enables you to make unlimited extra repayments to pay off your loan quicker.