Compare home loan rates by your scenario
Where can I compare home loan rates in Australia? Start on Ratesniffers' home loan rates hub for the full owner-occupier table, or pick a scenario below, from fixed versus variable to refinancing, low deposit or investor loans, for the lowest rate across 85+ Australian lenders, rates as at 27 August 2026, ranked by comparison rate.
Compare all owner-occupier rates · Compare mortgage refinance rates
Need a dated advertised-sample average? See the Australian home loan rate index. If you stay on a current loan and want to model additional payments, use the extra repayments calculator.
Today's lowest rate by scenario
Headline and comparison rates across a spread of scenarios, as at 24 September 2026.
| Scenario | Interest rate | Comparison rate | Lender |
|---|---|---|---|
| Basic variable | 5.94% p.a. | 5.98% p.a. | Newcastle Permanent Building Society |
| 1 year fixed | 6.27% p.a. | 6.32% p.a. | P&N Bank |
| 2 year fixed | 6.27% p.a. | 6.27% p.a. | BCU Bank |
| 3 year fixed | 6.14% p.a. | 6.27% p.a. | Macquarie Bank Limited |
| 5 year fixed | 6.34% p.a. | 6.42% p.a. | Macquarie Bank Limited |
| 95% LVR | 5.94% p.a. | 5.98% p.a. | Newcastle Permanent Building Society |
| Investor P&I | 6.14% p.a. | 6.17% p.a. | ING Bank (Australia) Ltd |
| First home buyer | 5.94% p.a. | 5.98% p.a. | Newcastle Permanent Building Society |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.
The information provided on this site is general in nature and does not take into account your objectives, financial situation or needs. Before acting on any information, consider whether it is appropriate for you and read the relevant Credit Guide and lender disclosures.
- Is it cheaper to fix or stay variable this month?Compare the lowest verified 2 year fixed and variable rates in the dated 80% LVR snapshot.
- What is the lowest 1 year fixed home loan rate?Find the cheapest 1 year fixed owner-occupier rate and how it compares to variable.
- What is the lowest 2 year fixed home loan rate in Australia?Find the cheapest 2 year fixed owner-occupier rate and how it compares to variable.
- What is the lowest 3 year fixed home loan rate in Australia?Find the cheapest 3 year fixed owner-occupier rate and the spread against variable.
- What is the lowest 5 year fixed home loan rate in Australia?Find the cheapest 5 year fixed owner-occupier rate and the spread against variable.
- Is it worth refinancing if my rate is 7%?Understand what to check before refinancing a home loan currently at 7.00%.
- Is it worth refinancing if my rate is 6.5%?Understand what to check before refinancing a home loan currently at 6.50%.
- Is it worth refinancing if my rate is 6%?Understand what to check before refinancing a home loan currently at 6.00%.
- How can I compare home loans with an offset account?Compare variable home loans currently recorded with an offset account.
- How can I compare home loans with redraw?Compare variable home loans currently recorded with a redraw facility.
- How do extra-repayment features differ from a standard home loan?Compare extra-repayment features versus a standard home loan, not the national rate matrix.
- Which current home loan cashback offers are approved?Review current lender cashback offers and compare the associated home-loan options.
- What are the lowest investor interest-only home loan rates?Find the cheapest interest-only investment property loan rates.
- What are the lowest investor principal and interest rates?Find the cheapest principal and interest investment property loan rates.
- What home loan rates can I get with a 5% deposit?Compare owner-occupier home loans currently recorded as available up to 95% LVR.
- What home loan rates can I get with a 10% deposit?Compare owner-occupier home loans currently recorded as available up to 90% LVR.
- Do you get a lower rate with a big deposit?Compare owner-occupier home loans currently recorded as available at 60% LVR.
- What should a first home buyer compare in a home loan?Compare owner-occupier home loans that may be relevant to first home buyers.
- How can self-employed borrowers compare low-doc home loans?Compare home loans currently recorded for low-doc or self-employed applications.
- What are the lowest owner-occupier interest-only rates?Find the cheapest owner-occupier interest-only home loan rates.
- How can I compare no-frills variable home loans?Compare owner-occupier variable home loans without assuming an offset feature.
- Should I fix now or wait for rates to fall?Compare the dated 80% LVR starting-rate gap between fixing for 2 years and staying variable.
Frequently asked questions
Which comparison scenario has the lowest home loan rate right now?
Right now, the lowest live rate across our comparison scenarios is 5.94% p.a., with a 5.98% p.a. comparison rate, for basic variable from Newcastle Permanent Building Society, as at 24 September 2026. Every scenario page below recomputes its own answer daily, so the cheapest category can change from week to week.
Where can I compare home loan rates in Australia?
Compare home loan rates in Australia on Ratesniffers' /home-loans hub for the full owner-occupier table ranked by comparison rate, or use this /compare index to open a scenario page that matches your situation. Switching an existing loan? Use /home-loans/refinance to compare mortgage refinance rates, then check fees with the refinance savings calculator.
Where can I compare mortgage refinance rates in Australia?
Compare mortgage refinance rates in Australia on Ratesniffers' /home-loans/refinance hub, or open a refinance-from-rate scenario under /compare (for example refinance from 7%, 6.5% or 6%). Product rates alone do not confirm switching eligibility; model exit and setup costs before you apply.
Why compare by scenario instead of one ranked list?
The single cheapest home loan rate overall is not always the cheapest rate you can get. A borrower with a 5% deposit, an investor and someone refinancing off a fixed rate each qualify for different products, so ranking each scenario on its own surfaces the rate that actually applies rather than a headline figure you may not be eligible for.
What's the difference between the interest rate and the comparison rate?
The interest rate is what the lender charges before fees. The comparison rate folds most standard fees and charges into a single annual percentage, so it's the closer like-for-like figure across lenders, and it's what every scenario page below is ranked by.
How many home loan scenarios can I compare here?
You can compare 22 borrower scenarios below, spanning fixed versus variable terms, deposit tiers, refinancing, investor and first-home-buyer loans. Each scenario page queries the live rate index on its own, so its ranking reflects that exact situation rather than a shared, one-size list.
How often do these scenario comparisons update?
Each scenario page is refreshed from the live rate index at least every 15 minutes, so the ranked lender and both rates shown can change as soon as a new rate loads. There's no separately cached leaderboard behind the scenes.