As of 18 September 2026, the RACQ Bank Mortgage Saver Home Loan's variable owner-occupier P&I variant has a comparison rate of 6.43% (6.39% advertised), ranking 53rd of 107 variable owner-occupier P&I loans and sitting 0.33 points below the market average of 6.76%. The product comes in 6 variants; the others are other LVR bands.
6.43%comparison rate p.a.
6.39% advertised · Variable · P&I · Owner-occupier · 70–80% LVR
5 other variants: other LVR bands below.
Rate over time
Comparison rate · Variable · P&I · Owner-occupier · 70–80% LVR- Mortgage Saver 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 · ≤60% LVR
- 6.28% comparison · 6.24% advertised
- Variable · P&I · Owner-occupier · ≤90% LVR
- 7.74% comparison · 7.69% advertised
- Variable · P&I · Owner-occupier · 60–70% LVR
- 6.38% comparison · 6.34% advertised
- Variable · P&I · Owner-occupier · 70–80% LVR
- 6.43% comparison · 6.39% advertised
- Variable · P&I · Owner-occupier · 80–90% LVR
- 6.58% comparison · 6.54% advertised
- Variable · P&I · Owner-occupier · 90–90% LVR
- 6.78% comparison · 6.74% advertised
Fees
Headline variant- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $300
- 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
Our Mortgage Saver home loan is a straight forward, basic variable home loan with a low variable rate. With no ongoing fees, unlimited additional repayments and free redraw you can reach your property goals sooner.