Variable Home Loan with Offset
Owner-occupierVariableP&IOffsetRedrawExtra repayments
Interest
6.07%p.a.
Comparison*
6.11%p.a.
Monthly repayment
$3,020
LVR 70–80%
BankSA Home Loan Rates
Active products
31
Lowest variable
6.07%
Lowest fixed
6.34%
Lowest comparison
6.11%
Last updated
28 July 2026
BankSA is the South Australian retail-banking brand of Westpac Group, headquartered in Adelaide with the largest branch network in SA. Like its sister brands (St.George, Bank of Melbourne), BankSA runs Westpac's loan engine with the Advantage Package offset bundle.
What is the lowest BankSA home loan rate?
The lowest BankSA variable home loan rate Ratesniffers tracks is 6.07% p.a., and the lowest fixed rate is 6.34% p.a. These figures come from the 30 BankSA products on this page, ranked by comparison rate, refreshed daily (last updated 28 July 2026).
How many home loan products does BankSA offer?
Ratesniffers currently tracks 30 BankSA home loan products across variable, fixed and interest-only options for owner-occupiers and investors. Every rate is ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest products sit at the top.
BankSA home loan rates at a glance
| Product type | Rate | Comparison rate | Max LVR |
|---|---|---|---|
| Variable Owner-occupier P&I | 6.07% p.a. | 6.11% p.a. | 95% |
| Variable Owner-occupier P&I | 6.07% p.a. | 6.11% p.a. | 95% |
| Variable Investor P&I | 6.22% p.a. | 6.26% p.a. | 95% |
| Variable Investor P&I | 6.22% p.a. | 6.26% p.a. | 95% |
| Fixed 2-year Owner-occupier P&I | 6.34% p.a. | 6.38% p.a. | 95% |
| Variable Owner-occupier interest-only | 6.39% p.a. | 6.43% p.a. | 80% |
| Variable Owner-occupier interest-only | 6.39% p.a. | 6.43% p.a. | 80% |
| Variable Owner-occupier interest-only | 6.39% p.a. | 6.43% p.a. | 80% |
| Variable Owner-occupier interest-only | 6.39% p.a. | 6.43% p.a. | 80% |
| Fixed 1-year Owner-occupier P&I | 6.44% p.a. | 6.48% p.a. | 95% |
| Fixed 2-year Investor P&I | 6.44% p.a. | 6.48% p.a. | 95% |
| Variable Investor interest-only | 6.48% p.a. | 6.52% p.a. | 90% |
30 BankSA home loan products
Basic Variable Home Loan
Owner-occupierVariableP&IRedrawExtra repayments
Interest
6.07%p.a.
Comparison*
6.11%p.a.
Monthly repayment
$3,020
LVR 70–80%
Variable Home Loan with Offset
InvestorVariableP&IOffsetRedrawExtra repayments
Interest
6.22%p.a.
Comparison*
6.26%p.a.
Monthly repayment
$3,069
LVR 70–80%
Basic Variable Home Loan
InvestorVariableP&IRedrawExtra repayments
Interest
6.22%p.a.
Comparison*
6.26%p.a.
Monthly repayment
$3,069
LVR 70–80%
Fixed Rate Home Loan
Owner-occupier2y FixedP&IRedrawExtra repayments
Interest
6.34%p.a.
Comparison*
6.38%p.a.
Monthly repayment
$3,108
LVR 70–80%
Variable Home Loan with Offset
Owner-occupierVariableInterest onlyOffsetRedrawExtra repayments
Interest
6.39%p.a.
Comparison*
6.43%p.a.
Monthly repayment
$3,124
LVR 70–80%
Basic Variable Home Loan
Owner-occupierVariableInterest onlyRedrawExtra repayments
Interest
6.39%p.a.
Comparison*
6.43%p.a.
Monthly repayment
$3,124
LVR 70–80%
Relocation Loan with end
Owner-occupierVariableInterest onlyExtra repayments
Interest
6.39%p.a.
Comparison*
6.43%p.a.
Monthly repayment
$3,124
LVR 70–80%
Relocation Loan without end
Owner-occupierVariableInterest onlyExtra repayments
Interest
6.39%p.a.
Comparison*
6.43%p.a.
Monthly repayment
$3,124
LVR 70–80%
Fixed Rate Home Loan
Owner-occupier1y FixedP&IRedrawExtra repayments
Interest
6.44%p.a.
Comparison*
6.48%p.a.
Monthly repayment
$3,141
LVR 70–80%
Fixed Rate Home Loan
Investor2y FixedP&IRedrawExtra repayments
Interest
6.44%p.a.
Comparison*
6.48%p.a.
Monthly repayment
$3,141
LVR 70–80%
Variable Home Loan with Offset
InvestorVariableInterest onlyOffsetRedrawExtra repayments
Interest
6.48%p.a.
Comparison*
6.52%p.a.
Monthly repayment
$3,154
LVR 70–80%
Basic Variable Home Loan
InvestorVariableInterest onlyRedrawExtra repayments
Interest
6.48%p.a.
Comparison*
6.52%p.a.
Monthly repayment
$3,154
LVR 70–80%
Fixed Rate Home Loan
Owner-occupier3y FixedP&IRedrawExtra repayments
Interest
6.54%p.a.
Comparison*
6.58%p.a.
Monthly repayment
$3,174
LVR 70–80%
Fixed Rate Home Loan
Investor1y FixedP&IRedrawExtra repayments
Interest
6.54%p.a.
Comparison*
6.58%p.a.
Monthly repayment
$3,174
LVR 70–80%
Fixed Rate Home Loan
Investor2y FixedInterest onlyRedrawExtra repayments
Interest
6.54%p.a.
Comparison*
6.58%p.a.
Monthly repayment
$3,174
LVR 70–80%
Fixed Rate Home Loan
Investor3y FixedP&IRedrawExtra repayments
Interest
6.64%p.a.
Comparison*
6.68%p.a.
Monthly repayment
$3,207
LVR 70–80%
Fixed Rate Home Loan
Investor1y FixedInterest onlyRedrawExtra repayments
Interest
6.64%p.a.
Comparison*
6.68%p.a.
Monthly repayment
$3,207
LVR 70–80%
Fixed Rate Home Loan
Owner-occupier4y FixedP&IRedrawExtra repayments
Interest
6.69%p.a.
Comparison*
6.73%p.a.
Monthly repayment
$3,223
LVR 70–80%
Fixed Rate Home Loan
Owner-occupier5y FixedP&IRedrawExtra repayments
Interest
6.69%p.a.
Comparison*
6.73%p.a.
Monthly repayment
$3,223
LVR 70–80%
Fixed Rate Home Loan
Owner-occupier2y FixedInterest onlyRedrawExtra repayments
Interest
6.69%p.a.
Comparison*
6.73%p.a.
Monthly repayment
$3,223
LVR 70–80%
Fixed Rate Home Loan
Investor3y FixedInterest onlyRedrawExtra repayments
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Monthly repayment
$3,240
LVR 70–80%
Fixed Rate Home Loan
Owner-occupier1y FixedInterest onlyRedrawExtra repayments
Interest
6.79%p.a.
Comparison*
6.83%p.a.
Monthly repayment
$3,256
LVR 70–80%
Fixed Rate Home Loan
Investor4y FixedP&IRedrawExtra repayments
Interest
6.84%p.a.
Comparison*
6.88%p.a.
Monthly repayment
$3,273
LVR 70–80%
Fixed Rate Home Loan
Investor5y FixedP&IRedrawExtra repayments
Interest
6.84%p.a.
Comparison*
6.88%p.a.
Monthly repayment
$3,273
LVR 70–80%
Fixed Rate Home Loan
Owner-occupier3y FixedInterest onlyRedrawExtra repayments
Interest
6.89%p.a.
Comparison*
6.93%p.a.
Monthly repayment
$3,290
LVR 70–80%
Fixed Rate Home Loan
Investor4y FixedInterest onlyRedrawExtra repayments
Interest
6.94%p.a.
Comparison*
6.98%p.a.
Monthly repayment
$3,306
LVR 70–80%
Fixed Rate Home Loan
Investor5y FixedInterest onlyRedrawExtra repayments
Interest
6.94%p.a.
Comparison*
6.98%p.a.
Monthly repayment
$3,306
LVR 70–80%
Fixed Rate Home Loan
Owner-occupier4y FixedInterest onlyRedrawExtra repayments
Interest
7.09%p.a.
Comparison*
7.13%p.a.
Monthly repayment
$3,357
LVR 70–80%
Fixed Rate Home Loan
Owner-occupier5y FixedInterest onlyRedrawExtra repayments
Interest
7.09%p.a.
Comparison*
7.13%p.a.
Monthly repayment
$3,357
LVR 70–80%
Negotiate BankSA rates with a broker
Advertised rates aren't always the rate BankSA actually approves. Our broker negotiates against your specific scenario, no fee.
Who is BankSA?
BankSA is South Australia's biggest local bank brand, with roots going back to the state's savings-bank era. It is part of the Westpac Group, sitting alongside St.George and Bank of Melbourne as a separately branded lender with its own South Australian branch network.
Its home-loan range broadly mirrors the wider St.George product set with its own pricing, and its variable rates move in step with the group's repricing decisions, most recently cutting alongside the other Westpac Group brands in July 2026.
Who suits a BankSA home loan?
BankSA tends to suit South Australian borrowers who want local branch access with big-group product breadth behind it. The same group products are available under St.George, Bank of Melbourne and Westpac elsewhere, so compare across the group and against the market leaders in the table above.
Background facts checked 21 July 2026. Rates above refresh independently.
BankSA home loans: frequently asked questions
What is the lowest BankSA home loan rate?
BankSA's lowest variable home loan rate is currently 6.07% p.a., and its lowest fixed rate is 6.34% p.a., based on the 30 BankSA products Ratesniffers ranks by comparison rate, refreshed daily (last updated 28 July 2026). The advertised rate isn't always the rate BankSA approves, a broker can often negotiate a sharper deal on your scenario.
How does BankSA's home loan rate compare to the market?
BankSA's lowest variable home loan rate today is 6.07% p.a., which is 2 basis points below the market median of 6.09% p.a., which puts BankSA among the more competitive lenders on variable rates today. This is computed daily from the live rates across the lenders Ratesniffers tracks, so it reflects where BankSA sits right now rather than a fixed snapshot.
How many home loan products does BankSA offer?
Ratesniffers currently tracks 31 BankSA home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 30 that pass our data-quality checks on this page. Every rate is refreshed daily and ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest loans sit at the top.
Is BankSA competitive for refinancing?
It depends on your loan size and LVR. BankSA's lowest comparison rate is currently 6.11% p.a., worth checking against the wider market before you switch. On a $500,000 loan, even a 0.30% p.a. difference is about $100 a month, so comparing BankSA against the sharpest available rate usually pays off.
How often are BankSA's home loan rates updated?
Ratesniffers refreshes BankSA's home loan rates daily; this page was last updated 28 July 2026. Rates can change whenever BankSA reprices or the RBA moves the cash rate, so the figures shown reflect the most recent data we hold rather than a static snapshot.
BankSA rates by borrower and loan type
The same BankSA panel, filtered to the scenario you're actually shopping for.
- BankSA owner-occupier ratesP&I and offset-eligible products, ranked sharpest-first.
- BankSA investor ratesInvestment lending, interest-only where offered.
- BankSA refinance ratesRefinance-eligible products versus your current rate.
- BankSA first home buyer ratesFHB-eligible products, Home Guarantee where supported.
- BankSA fixed rates1 to 5-year terms where available.
- BankSA variable ratesFlexible repayments, offset-compatible products.
- BankSA interest-only ratesIO terms, mostly investor products.
- BankSA offset loans100% offset-account-eligible products.
Compare home loans across the market by purpose
The whole visible panel, sliced by what borrowers actually search for.
Research BankSA
Our independent review, and how they stack up head to head.
Other lenders you might compare
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Mortgage guides and market context
Plain-English explainers, plus where rates sit across the market today.