CommBank Home Loan Rates
Commonwealth Bank of Australia (CommBank) is the country's largest home-loan lender by book size and one of the Big Four. Founded in 1911 and headquartered in Sydney, it offers a full range of owner-occupier and investment loans through its 700+ branch network and the CommBank app. Its Wealth Package suite bundles offset, redraw and waived annual fees with eligible products.
What are CommBank home loan rates?
CommBank home loan rates are in the live table on this page, ranked by comparison rate, with the lowest variable rate currently 6.49% p.a. and the lowest fixed rate currently 6.34% p.a., checked daily (last verified 12 Sept 2026). Compare CommBank 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 CommBank home loan rate?
The lowest CommBank variable home loan rate Ratesniffers tracks is 6.49% p.a., and the lowest fixed rate is 6.34% p.a. These figures come from the 29 CommBank products on this page that pass data-quality checks, ranked by comparison rate, checked daily (last verified 12 Sept 2026).
How many home loan products does CommBank offer?
Ratesniffers currently tracks 282 CommBank home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 29 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.
This page compares Commonwealth Bank home loans using the CommBank interest rates and comparison rates shown above. For service, features and lender fit, read the independent CommBank review. For a side-by-side rate comparison with the other household-name major, see CommBank vs Westpac.
CommBank home loan rates at a glance
| Product type | Rate | Comparison rate | Max LVR |
|---|---|---|---|
| Fixed 4-year Owner-occupier interest-only | 7.24% p.a. | n/a | 80% |
| Variable Investor interest-only | 7.30% p.a. | n/a | 90% |
| Variable Investor interest-only | 7.30% p.a. | n/a | 90% |
| Fixed 5-year Owner-occupier interest-only | 7.34% p.a. | n/a | 80% |
| Variable Investor P&I | 7.04% p.a. | 7.39% p.a. | 80% |
| Variable Investor P&I | 7.04% p.a. | 7.39% p.a. | n/a |
| Variable Investor P&I | 7.04% p.a. | 7.39% p.a. | 95% |
| Fixed 5-year Owner-occupier P&I | 6.79% p.a. | 7.66% p.a. | n/a |
| Fixed 3-year Owner-occupier P&I | 6.59% p.a. | 7.74% p.a. | n/a |
| Fixed 5-year Owner-occupier interest-only | 7.19% p.a. | 7.89% p.a. | n/a |
| Fixed 4-year Owner-occupier interest-only | 7.09% p.a. | 7.91% p.a. | n/a |
| Fixed 1-year Owner-occupier P&I | 6.49% p.a. | 7.95% p.a. | n/a |
29 of 282 tracked CommBank home loan products
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 CommBank?
Commonwealth Bank is Australia's largest bank and its largest home lender, holding roughly a quarter of the country's mortgage lending, with an owner-occupier loan book in the hundreds of billions. It was founded by the Australian government in 1911 and fully privatised between 1991 and 1996.
CommBank runs the largest branch and ATM network of any Australian bank, around 700 branches, and has extended its commitment to keep all regional branches open until at least 31 July 2027. Its scale shows on the digital side too, with the most-used banking app in the country and a broad product range across every borrower type.
Who suits a CommBank home loan?
CommBank tends to suit borrowers who want maximum branch and service coverage, the full product menu, and the convenience of Australia's biggest banking platform. Scale does not automatically mean the sharpest price though: its advertised rates usually sit above the leaders in our table, so compare its comparison rate against the market before assuming the default choice is the right one.
CommBank's lowest variable rate today is 6.49% p.a., 25 basis points above the 6.24% p.a. median across the lenders Ratesniffers tracks, computed daily from the same live feed as the table above.
Background facts checked 5 September 2026. Rates above refresh independently.
CommBank home loan products explained
The line-up as published by CommBank, checked 5 September 2026. Today's rate for each product is in the table above.
| Product | Who it is for | What to know |
|---|---|---|
| Digi Home Loan | Owner-occupiers and investors who apply online and want a simple structure. | Variable rate, one Everyday Offset account, unlimited extra repayments and redraw. |
| Standard Variable Rate | Borrowers who want maximum flexibility and multiple offset accounts. | Link up to 99 Everyday Offset accounts, redraw with a $1,000 minimum and no redraw fee, interest-only for up to 5 years on owner-occupied and up to 15 years on investment loans, can be packaged under the Wealth Package. |
| Simple Home Loan | Borrowers who want fewer features than the Standard Variable Rate but still an offset. | Up to two Everyday Offset accounts, unlimited extra repayments and redraw, interest-only option. |
| Fixed Rate Home Loan | Borrowers who want repayment certainty. | Fixed terms from one to five years, up to $10,000 of extra repayments a year during the fixed period (not redrawable until the term ends), reverts to the Standard Variable Rate at the end of the term unless refixed, optional Rate Lock for 90 days for a $750 fee. |
CommBank fees, offset and limits at a glance
- Application or establishment fee
- $600 (excluding off the plan) (all including one security), $800 off the plan, EQFS $950, split loans $600…
- Discharge fee
- $350
- Settlement fee
- $200
- Additional valuation fee
- $150
- Rate lock fee
- $750 per rate lock
- Loan portability
- Security Substitution Fee $300
- Offset account
- Everyday Offset: 100% Offset on Standard Variable Rate Home/Investment Home Loan only
- Minimum offset balance
- Everyday Offset: no min balance
- Lenders mortgage insurer
- Arch
- Capitalising LMI
- O/O Loan 95%, Inv Loan 90%, LOC 90%, Bridging Loans 90%, Refinance from OFI 90% (All inc cap LMI)
- Maximum total lending
- Full doc O/O loans no max but limited by serviceability and LVR.…
- Extra repayments on fixed
- $50 Administrative fee plus Early Repayment Adjustment (amount advised when fee calculated).…
- When the fixed rate is locked
- Rate lock 90 days from application or rate on date of settlement
Checked 4 Sept 2026. Lender fees and policy change without notice, so confirm the detail with the lender before you apply.
CommBank home loan fees and policy
- The Wealth Package costs a non-refundable $395 a year, paid in advance, and applies to Standard Variable Rate and one to five year Fixed Rate home loans. It waives the annual fee on one eligible credit card and unlocks package discounts.
- Rate Lock on a fixed rate loan holds the reference rate for 90 days before funding for a non-refundable $750 fee.
- CommBank's online discount on the Standard Variable Rate and Simple Home Loan requires a minimum $150,000 loan balance.
- CommBank is a participating lender in the Australian Government 5% Deposit Scheme (5% deposit for first home buyers, 2% for single parents or legal guardians, owner-occupier principal and interest loans, no LMI) and states it is currently the only major lender participating in the federal Help to Buy Scheme.
- Where the scheme does not apply, CommBank offers Lenders Mortgage Insurance or its own Low Deposit Premium, guarantor support, and LMI waivers for doctors, lawyers and accountants with deposits from 10%, subject to CommBank confirming the profession is eligible.
- CommBank reports supporting more than 80,000 first home buyers through the 5% Deposit Scheme, based on its scheme back book as at 30 June 2026.
Sources checked 5 September 2026: www.commbank.com.au, www.commbank.com.au, www.commbank.com.au, www.commbank.com.au, CommBank, low deposit home loan options, CommBank home loans, CommBank Standard Variable Rate, CommBank Fixed Rate Home Loan, CommBank Wealth Package, CommBank low deposit options, CommBank government grants and schemes, CommBank 5% Deposit Scheme.