Home loan · Variable
Mortgage Saver Home Loan
6.68%comparison rate p.a. · 6.64% advertised
Variable · P&I · Owner-occupier · 70–80% LVR
68th of 93 variable owner-occupier P&I loans
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
- None
- Ongoing fee
- None
- Discharge fee
- $300
- Variable · P&I · Owner-occupier · ≤60% LVR
- 6.53% comparison · 6.49% advertised
- Variable · P&I · Owner-occupier · 60–70% LVR
- 6.63% comparison · 6.59% advertised
- Variable · P&I · Owner-occupier · 70–80% LVR
- 6.68% comparison · 6.64% advertised
- Variable · P&I · Owner-occupier · 80–90% LVR
- 6.83% comparison · 6.79% advertised
- Variable · P&I · Owner-occupier · 90–95% LVR
- 7.03% comparison · 6.99% advertised
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $300
- Redraw fee
- None
- Offset account
- No
- Redraw
- Yes
- Extra repayments
- Yes
- Portable
- No
- Repayment holiday
- No
- Minimum loan
- $20,000
- Mortgage Saver Home Loan · Variable · P&I · Owner-occupier
- RBA cash rate
- Market average
October 20261 change
- 14Wed
- 5 variants up 0.2514 days after the RBA rise to 4.60%+0.25All Variable · P&I · Owner-occupier
≤60% LVR 6.28 6.53 +0.25 60–70% LVR 6.38 6.63 +0.25 70–80% LVR 6.43 6.68 +0.25 80–90% LVR 6.58 6.83 +0.25 90–95% LVR 6.78 7.03 +0.25
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.
Also from RACQ Bank: Fair Dinkum Home Loan 6.54% · Mortgage Breaker 6.78% · Fixed Home Loan 6.96%
As of 2 November 2026, the RACQ Bank Mortgage Saver Home Loan's variable owner-occupier P&I variant has a comparison rate of 6.68% (6.64% advertised), ranking 68th of 93 variable owner-occupier P&I loans and sitting 0.10 points above the market average of 6.58%. The product comes in 5 variants; the others are other LVR bands. Its rate last moved on 14 October 2026, 14 days after the RBA rise to 4.60%. From the provider's Consumer Data Right feed, refreshed nightly.