June 2026
What is the lowest 5 year fixed home loan rate?
Five years is the longest fixed term most lenders offer, the maximum rate certainty before you renegotiate. Here is the lowest 5 year fixed rate currently on the panel, with the variable comparison.
6.29%Lowest 5yr fixed
The lowest 5 year fixed rate on the panel today is 6.29% p.a. from Macquarie Bank Limited, which sits 0.36% above the cheapest variable rate of 5.93% p.a. The table below ranks every 5 year fixed option, refreshed daily.
Reviewed by the Ratesniffers Editorial Team. Figures computed from the current rate corpus and updated daily.
5 year fixed rates, ranked by comparison rate
| Lender | Type | Rate p.a. | Comparison | Max LVR |
|---|---|---|---|---|
| Macquarie Bank Limited | 5 year fixed | 6.29% | 6.33% | 80% |
| Great Southern Bank | 5 year fixed | 6.30% | 6.34% | — |
| Bank of China | 5 year fixed | 6.39% | 6.43% | — |
| NATIONAL AUSTRALIA BANK | 5 year fixed | 6.49% | 6.53% | 80% |
| ING BANK (Australia) Ltd | 5 year fixed | 6.49% | 6.53% | — |
| Australian Military Bank | 5 year fixed | 6.49% | 6.53% | 98% |
| Newcastle Permanent Building Society | 5 year fixed | 6.49% | 6.53% | 80% |
| Westpac | 5 year fixed | 6.54% | 6.58% | 80% |
| Auswide Bank Ltd | 5 year fixed | 6.54% | 6.58% | — |
| HSBC | 5 year fixed | 6.54% | 6.58% | 80% |
Sorted by comparison rate, the statutory true-cost metric that includes fees. Showing the panel's sharpest matches; not every lender is shown.
Frequently asked questions
- What is the lowest 5 year fixed home loan rate?
- Today the sharpest match on the panel is 6.29% p.a. from Macquarie Bank Limited. Rates change daily, so the live table on this page always shows the current ranking.
- How often are these rates updated?
- The rates on this page are refreshed daily from across the lender panel and ranked by comparison rate, the true-cost figure that includes fees. The figures reflect the most recent update, not a static snapshot.
- Is the lowest rate always the best loan for me?
- Not always. The cheapest headline rate can come without features like an offset account, and your deposit size, income type and goals all change which loan suits you. Use the rate as a starting point, then weigh the features that matter to your situation.
- What is a comparison rate?
- A comparison rate folds most ongoing fees into a single percentage so you can weigh loans on their true cost rather than the advertised headline rate alone. It is the metric these rankings sort on.