BankSA Home Loan Rates
What are BankSA home loan rates?
BankSA home loan rates are in the Ratesniffers live rate table, ranked by comparison rate. Bank SA home loans are the Basic, Standard Variable Rate or Fixed Rate products below. compare all lenders on the wider market table.
| Product | Type | Rate p.a. | Comparison rate* | LVR |
|---|---|---|---|---|
| Advantage Package 3 Year Fixed 70% - 80% LVR Owner Occupied P&I | 3-year fixed | 7.04% | 7.19% | 80% |
| Advantage Package 1 Year Fixed 70% - 80% LVR Owner Occupied P&I | 1-year fixed | 6.84% | 7.11% | 80% |
| Advantage Package 2 Year Fixed 70% - 80% LVR Owner Occupied P&I | 2-year fixed | 6.84% | 7.12% | 80% |
| Advantage Package 5 Year Fixed 70% - 80% LVR Owner Occupied P&I | 5-year fixed | 7.24% | 7.32% | 80% |
Rates shown are selected product examples, not every product or a personalised offer. 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.
BankSA lifted its variable home-loan rates by 0.25 percentage points from 9 October 2026, Ratesniffers records. Every lender's date is in the RBA rate pass-through tracker.
Check the product rates and conditions in the table. A verified example for this loan scenario is unavailable.
A verified BankSA product example is Advantage Package 3 Year Fixed 70% - 80% LVR Owner Occupied P&I: 7.04% p.a. (7.19% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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.
A verified BankSA product example is Advantage Package 3 Year Fixed 70% - 80% LVR Owner Occupied P&I: 7.04% p.a. (7.19% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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.
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 are BankSA home loan rates?
Ratesniffers compares BankSA home loan products by comparison rate. A verified BankSA product example is Advantage Package 3 Year Fixed 70% - 80% LVR Owner Occupied P&I: 7.04% p.a. (7.19% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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. Compare BankSA against the wider market on home loan rates, check the comparison rate used to rank the table, or model extra payments with the extra repayments calculator.
What is the lowest BankSA home loan rate?
A verified BankSA product example is Advantage Package 3 Year Fixed 70% - 80% LVR Owner Occupied P&I: 7.04% p.a. (7.19% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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. These selected examples do not establish the lowest rate across every product or borrower scenario.
How many home loan products does BankSA offer?
Ratesniffers currently tracks 346 BankSA home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 37 that pass our data-quality checks on this page. 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 is a Westpac Group brand alongside Westpac, St.George and Bank of Melbourne, each with its own home loan pricing. For service and lender fit, read the independent BankSA review.
The figures on this page cover BankSA home loans. To compare home loan rates Australia, open the wider market table ranked by comparison rate.
BankSA home loan rates at a glance
| Product type | Rate | Comparison rate | Max LVR |
|---|---|---|---|
| Fixed 5-year Owner-occupier P&I | 7.14% p.a. | 7.22% p.a. | 70% |
| Variable Owner-occupier interest-only | 7.23% p.a. | n/a | 80% |
| Variable Investor interest-only | 7.23% p.a. | n/a | 90% |
| Variable Owner-occupier interest-only | 7.23% p.a. | n/a | 70% |
| Variable Investor interest-only | 7.23% p.a. | n/a | 80% |
| Variable Investor interest-only | 7.24% p.a. | n/a | 80% |
| Fixed 1-year Owner-occupier interest-only | 7.24% p.a. | n/a | 70% |
| Fixed 1-year Investor interest-only | 7.24% p.a. | n/a | 80% |
| Fixed 2-year Owner-occupier interest-only | 7.24% p.a. | n/a | 70% |
| Fixed 2-year Investor interest-only | 7.24% p.a. | n/a | 80% |
| Fixed 3-year Investor P&I | 7.09% p.a. | 7.27% p.a. | 70% |
| Fixed 4-year Owner-occupier P&I | 7.19% p.a. | 7.27% p.a. | 80% |
37 of 346 tracked BankSA home loan products
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
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.
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 across the Westpac Group brands.
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 5 September 2026. Rates above refresh independently.
BankSA fees, offset and limits at a glance
- Application or establishment fee
- $600 upfront including one valuation,
- Discharge fee
- $350
- Settlement fee
- $100
- Additional valuation fee
- $0
- Rate lock fee
- Higher of 0.15% of loan amount or $500. Rate lock period valid for 90 days.…
- Loan portability
- $350 assessment fee + $350 to discharge the mortgage + valuation fee (if applicable)
- Offset account
- 100% mortgage offset account available
- Minimum offset balance
- > $0
- Lenders mortgage insurer
- Westpac Lenders Mortgage Insurance (WLMI) for all new and existing applications with LVR less than or equal…
- Capitalising LMI
- Owner Occupied purchase max LVR 95% (inc LMI). Max LVR capped at 90% for Investment.…
- Extra repayments on fixed
- Max $10k pa
- When the fixed rate is locked
- On settlement unless rate lock fee is paid
Checked 8 Oct 2026. Lender fees and policy change without notice, so confirm the detail with the lender before you apply.
Sources checked 5 September 2026: www.banksa.com.au, www.banksa.com.au, www.banksa.com.au, www.banksa.com.au.