Discount Variable - Owner Occupied

As of 18 September 2026, the People First Bank Discount Variable - Owner Occupied 's variable owner-occupier P&I variant has a comparison rate of 6.10% (6.09% advertised), ranking 12th of 107 variable owner-occupier P&I loans and sitting 0.66 points below the market average of 6.76%. The product comes in 4 variants; the others are other LVR bands.

6.10%comparison rate p.a.

6.09% advertised · Variable · P&I · Owner-occupier · 70–80% LVR

3 other variants: other LVR bands below.

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Rate over time

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

Discount Variable - Owner Occupied · 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 · ≤70% LVR: 6.00% comparison · 5.99% advertised
Variable · P&I · Owner-occupier · 70–80% LVR: 6.10% comparison · 6.09% advertised
Variable · P&I · Owner-occupier · 80–90% LVR: 6.49% comparison · 6.49% advertised
Variable · P&I · Owner-occupier · 90–95% LVR: 6.79% comparison · 6.79% advertised

Fees

Headline variant

Application fee: None
Ongoing fee: None
Discharge fee: $345
Redraw fee: None

Features

Headline variant

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

Eligibility

Minimum loan: $20,000

About this product

Enjoy a low rate home loan with no monthly administration fee, the ability to make additional repayments and free online redraw.

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