Home loan · Variable
BASIC VARIABLE LOAN
7.94%comparison rate p.a. · 7.87% advertised
Variable · P&I · Owner-occupier
143rd of 149 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
- $800
- Ongoing fee
- None
- Discharge fee
- None
- Variable · P&I · Owner-occupier
- 8.14% comparison · 8.07% advertised
- Variable · P&I · Owner-occupier
- 8.24% comparison · 8.17% advertised
- Variable · P&I · Owner-occupier
- 8.04% comparison · 7.97% advertised
- Variable · P&I · Owner-occupier
- 7.94% comparison · 7.87% advertised
- Variable · P&I · Investor
- 8.24% comparison · 8.17% advertised
- Variable · Interest Only · Investor
- 8.26% comparison · 8.37% advertised
- Application fee
- $800
- Ongoing fee
- None
- Discharge fee
- None
- Redraw fee
- None
- Offset account
- No
- Redraw
- Yes
- Extra repayments
- Yes
- Portable
- No
- Repayment holiday
- No
- Minimum loan
- $750,000
- BASIC VARIABLE LOAN · Variable · P&I · Owner-occupier
- RBA cash rate
- Market average
No changes recorded for this product since tracking began on 11 November 2026.
Also from The Mac: FIRST HOME BUYERS OWNER OCCUPIED P&I 6.24% · LOW LVR OOC P&I 7.06% · LOW LVR HOME LOAN 7.36% · MORTGAGE FIXED 7.73% · 2 YEAR DISCOUNTED BASIC VARIABLE LOAN OWNER OCCUPIED P&I 7.82% · MORTGAGE OFFSET 8.24%
As of 13 November 2026, the The Mac BASIC VARIABLE LOAN's variable owner-occupier P&I variant has a comparison rate of 7.94% (7.87% advertised), ranking 143rd of 149 variable owner-occupier P&I loans and sitting 1.12 points above the market average of 6.82%. The product comes in 6 variants; the others are investor, interest-only and other LVR bands. From the provider's Consumer Data Right feed, refreshed nightly.