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.
BankSA home loan rates, selected verified 80% LVR owner-occupier principal and interest product examples dated 20 October 2026. Rates shown per annum; the comparison rate counts most fees on the $150,000 / 25-year example.
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.
Tracked products
346
Variable product example
—
Check the product rates and conditions in the table. A verified example for this loan scenario is unavailable.
Fixed product example
7.04%
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.
Fixed example comparison
7.19%
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.
Last updated
1 November 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 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 53 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.
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.
*Important Information and Comparison Rate Warning
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.
BankSA home loan rates are in the Ratesniffers live rate table, ranked by comparison rate. Compare all lenders at /home-loans.
What are Bank SA home loans?
Bank SA home loans are the Basic, Standard Variable Rate or Fixed Rate products in the Ratesniffers live rate table, ranked by comparison rate. Compare all lenders at /home-loans.
What are BankSA home loans?
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 at /home-loans.
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 much do you need to earn for a $500,000 BankSA home loan?
There is no single salary requirement for a BankSA home loan. The lender assesses income, expenses, debts and repayment capacity. APRA's residential mortgage framework generally requires governed authorised deposit-taking institutions to apply a minimum 3 percentage point buffer above the payable interest rate, ignoring temporary introductory discounts, with prudent limited policy exceptions. This does not establish BankSA's actual assessment rate or approval criteria. Confirm the applicable lender policy and use /calculators/income-required for an illustrative estimate, not approval.
How does BankSA's home loan rate compare to the market?
Compare BankSA's product conditions and comparison rates with /home-loans. The available table does not establish a whole-market ranking or a personalised offer.
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 53 that pass our data-quality checks on this page. Every rate is checked daily against each lender's current published pricing 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?
Compare BankSA's available product conditions and total costs with your existing loan. A listed rate does not establish refinance eligibility. Allow for discharge, establishment and any fixed-loan early repayment costs, and confirm applicable lender terms before switching. Compare the table with /home-loans/refinance.
How often are BankSA's home loan rates updated?
Ratesniffers refreshes BankSA's home loan rates daily; this page was last updated 1 November 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.
Does BankSA offer an offset account on its home loans, and what does it cost?
Yes. BankSA's Standard Variable Rate home loan offers a full 100% interest offset, and you can link up to 10 offset accounts to it. The offset is a Complete Freedom transaction account with zero account keeping fees. An optional Advantage Package adds a rate discount and fee waivers for a $395 annual package fee.
What fees does BankSA charge on a home loan?
BankSA lists a $600 lending establishment fee on its Standard Variable Rate and Fixed Rate loans ($0 on the Basic home loan), a $100 document processing fee, an $8 monthly loan account fee on those loans, a $395 annual Advantage Package fee, and a $350 discharge fee. The establishment and monthly fees are waived under the Advantage Package.
Does BankSA lend to self-employed borrowers, and what income evidence does it accept?
Yes. BankSA says self-employed borrowers get the same rates as salary earners. Its Fast Track assessment needs only your last 2 years of personal ATO Notices of Assessment, with a 20% deposit. Otherwise a 1 year or standard 2 year assessment uses the latest business and personal tax returns, Notice of Assessment and financial statements, with a registered ABN.
Who owns BankSA, and which bank holds its licence?
BankSA is a division of Westpac Banking Corporation. It traces its history to The Savings Bank of South Australia, which opened in 1848, and became a Westpac division following a merger in 2008. BankSA products carry Westpac's ABN 33 007 457 141 and AFSL and Australian credit licence 233714, so BankSA home loans sit under the Westpac licence.
