DHOAS Premier Low Rate
Owner-occupierVariableP&IRedrawExtra repayments
Interest
6.19%p.a.
Verify, 70d old
Comparison*
6.19%p.a.
Monthly repayment
$3,059
LVR —
Defence Bank Home Loan Rates
Active products
33
Lowest variable
6.19%
Lowest fixed
6.39%
Lowest comparison
6.19%
Last updated
19 May 2026
Defence Bank is one of the Australian home-loan lenders we track daily. We currently surface 33 active products from Defence Bank, refreshed from authoritative lender sources. The product table below sorts by comparison rate by default, the true-cost metric mandated by the National Consumer Credit Protection Act 2009, so you can see total cost, including standard fees, at a glance.
What is the lowest Defence Bank home loan rate?
The lowest Defence Bank variable home loan rate Ratesniffers tracks is 6.19% p.a., and the lowest fixed rate is 6.39% p.a. These figures come from the 26 Defence Bank products on this page, ranked by comparison rate, last verified 19 May 2026.
How many home loan products does Defence Bank offer?
Ratesniffers currently tracks 26 Defence Bank 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.
Defence Bank home loan rates at a glance
| Product type | Rate | Comparison rate | Max LVR |
|---|---|---|---|
| Variable Owner-occupier P&I | 6.19% p.a. | 6.19% p.a. | 100% |
| Variable Owner-occupier P&I | 6.24% p.a. | 6.24% p.a. | 100% |
| Variable Investor P&I | 6.34% p.a. | 6.34% p.a. | 100% |
| Variable Owner-occupier P&I | 6.54% p.a. | 6.54% p.a. | 100% |
| Variable Owner-occupier P&I | 6.59% p.a. | 6.59% p.a. | 100% |
| Variable Investor P&I | 6.69% p.a. | 6.69% p.a. | 100% |
| Fixed 5-year Owner-occupier P&I | 6.55% p.a. | 6.77% p.a. | 100% |
| Variable Owner-occupier P&I | 6.69% p.a. | 6.78% p.a. | 100% |
| Fixed 4-year Owner-occupier P&I | 6.55% p.a. | 6.79% p.a. | 100% |
| Fixed 5-year Owner-occupier P&I | 6.55% p.a. | 6.80% p.a. | 100% |
| Fixed 3-year Owner-occupier P&I | 6.55% p.a. | 6.81% p.a. | 100% |
| Fixed 2-year Owner-occupier P&I | 6.49% p.a. | 6.82% p.a. | 100% |
26 Defence Bank home loan products
Premier Low Rate
Owner-occupierVariableP&IRedrawExtra repayments
Interest
6.24%p.a.
Verify, 70d old
Comparison*
6.24%p.a.
Monthly repayment
$3,075
LVR —
Premier Investor Low Rate
InvestorVariableP&IRedrawExtra repayments
Interest
6.34%p.a.
Verify, 70d old
Comparison*
6.34%p.a.
Monthly repayment
$3,108
LVR —
DHOAS Premier Home Loan
Owner-occupierVariableP&IOffsetRedrawExtra repayments
Interest
6.54%p.a.
Verify, 70d old
Comparison*
6.54%p.a.
Monthly repayment
$3,174
LVR —
Premier Home Loan
Owner-occupierVariableP&IOffsetRedrawExtra repayments
Interest
6.59%p.a.
Verify, 70d old
Comparison*
6.59%p.a.
Monthly repayment
$3,190
LVR —
Premier Investor Home Loan
InvestorVariableP&IOffsetRedrawExtra repayments
Interest
6.69%p.a.
Verify, 70d old
Comparison*
6.69%p.a.
Monthly repayment
$3,223
LVR —
Ultimate Essentials DHOAS Fix
Owner-occupier5y FixedP&IExtra repayments
Interest
6.55%p.a.
Verify, 70d old
Comparison*
6.77%p.a.
Monthly repayment
$3,177
LVR —
Ultimate Essentials DHOAS
Owner-occupierVariableP&IOffsetRedrawExtra repayments
Interest
6.69%p.a.
Verify, 70d old
Comparison*
6.78%p.a.
Monthly repayment
$3,223
LVR —
Ultimate Essentials DHOAS Fix
Owner-occupier4y FixedP&IExtra repayments
Interest
6.55%p.a.
Verify, 70d old
Comparison*
6.79%p.a.
Monthly repayment
$3,177
LVR —
Ultimate Essentials Fixed
Owner-occupier5y FixedP&IExtra repayments
Interest
6.55%p.a.
Verify, 70d old
Comparison*
6.80%p.a.
Monthly repayment
$3,177
LVR —
Ultimate Essentials DHOAS Fix
Owner-occupier3y FixedP&IExtra repayments
Interest
6.55%p.a.
Verify, 70d old
Comparison*
6.81%p.a.
Monthly repayment
$3,177
LVR —
Ultimate Essentials DHOAS Fix
Owner-occupier2y FixedP&IExtra repayments
Interest
6.49%p.a.
Verify, 70d old
Comparison*
6.82%p.a.
Monthly repayment
$3,157
LVR —
Ultimate Essentials Fixed
Owner-occupier4y FixedP&IExtra repayments
Interest
6.55%p.a.
Verify, 70d old
Comparison*
6.82%p.a.
Monthly repayment
$3,177
LVR —
Ultimate Essentials DHOAS Fix
Owner-occupier1y FixedP&IExtra repayments
Interest
6.39%p.a.
Verify, 70d old
Comparison*
6.84%p.a.
Monthly repayment
$3,124
LVR —
Ultimate Essentials Fixed
Owner-occupier3y FixedP&IExtra repayments
Interest
6.55%p.a.
Verify, 70d old
Comparison*
6.84%p.a.
Monthly repayment
$3,177
LVR —
Ultimate Essentials Variable
Owner-occupierVariableP&IOffsetRedrawExtra repayments
Interest
6.74%p.a.
Verify, 70d old
Comparison*
6.84%p.a.
Monthly repayment
$3,240
LVR —
Ultimate Essentials I/O Con
Owner-occupierVariableInterest onlyOffsetExtra repayments
Interest
6.74%p.a.
Verify, 70d old
Comparison*
6.84%p.a.
Monthly repayment
$3,240
LVR —
Ultimate Essentials Fixed
Owner-occupier2y FixedP&IExtra repayments
Interest
6.49%p.a.
Verify, 70d old
Comparison*
6.86%p.a.
Monthly repayment
$3,157
LVR —
Ultimate Essentials Fixed
Owner-occupier1y FixedP&IExtra repayments
Interest
6.39%p.a.
Verify, 70d old
Comparison*
6.88%p.a.
Monthly repayment
$3,124
LVR —
Ultimate Essentials Investor Variable
InvestorVariableP&IOffsetRedrawExtra repayments
Interest
6.84%p.a.
Verify, 70d old
Comparison*
6.93%p.a.
Monthly repayment
$3,273
LVR —
Ultimate Essentials I/O Fixed
Investor5y FixedInterest onlyExtra repayments
Interest
6.85%p.a.
Verify, 70d old
Comparison*
6.98%p.a.
Monthly repayment
$3,276
LVR —
Ultimate Essentials I/O Fixed
Investor2y FixedInterest onlyExtra repayments
Interest
6.79%p.a.
Verify, 70d old
Comparison*
6.99%p.a.
Monthly repayment
$3,256
LVR —
Ultimate Essentials I/O Fixed
Investor4y FixedInterest onlyExtra repayments
Interest
6.85%p.a.
Verify, 70d old
Comparison*
6.99%p.a.
Monthly repayment
$3,276
LVR —
Ultimate Essentials I/O Fixed
Investor1y FixedInterest onlyExtra repayments
Interest
6.69%p.a.
Verify, 70d old
Comparison*
7.00%p.a.
Monthly repayment
$3,223
LVR —
Ultimate Essentials I/O Fixed
Investor3y FixedInterest onlyExtra repayments
Interest
6.85%p.a.
Verify, 70d old
Comparison*
7.00%p.a.
Monthly repayment
$3,276
LVR —
Ultimate Essentials I/O
InvestorVariableInterest onlyOffsetExtra repayments
Interest
6.94%p.a.
Verify, 70d old
Comparison*
7.02%p.a.
Monthly repayment
$3,306
LVR —
Negotiate Defence Bank rates with a broker
Advertised rates aren't always the rate Defence Bank actually approves. Our broker negotiates against your specific scenario, no fee.
Who is Defence Bank?
Defence Bank is a customer-owned bank founded at Victoria Barracks in Melbourne in 1975 as a credit union for the Australian Defence Force. Fifty years on it serves more than 78,000 members with over $4 billion in assets, and remains focused on serving and former ADF members, Defence employees and their families.
Its home lending specialty is Defence-specific needs, including loans that work with the Defence Home Ownership Assistance Scheme (DHOAS) and policies built around postings and deployment.
Who suits a Defence Bank home loan?
Defence Bank tends to suit current and former ADF members and Defence families, especially borrowers using DHOAS entitlements, where a lender that processes the scheme every day removes real friction. Civilian borrowers outside the Defence community should compare the wider market in the table above.
Background facts checked 21 July 2026. Rates above refresh independently.
Defence Bank home loans: frequently asked questions
What is the lowest Defence Bank home loan rate?
Defence Bank's lowest variable home loan rate is currently 6.19% p.a., and its lowest fixed rate is 6.39% p.a., based on the 26 Defence Bank products Ratesniffers ranks by comparison rate, last verified 19 May 2026. The advertised rate isn't always the rate Defence Bank approves, a broker can often negotiate a sharper deal on your scenario.
How does Defence Bank's home loan rate compare to the market?
Defence Bank's lowest variable home loan rate today is 6.19% p.a., which is 10 basis points above the market median of 6.09% p.a., so there are sharper variable rates available elsewhere today, and it's worth comparing or asking Defence Bank to match a lower rate. This is computed daily from the live rates across the lenders Ratesniffers tracks, so it reflects where Defence Bank sits right now rather than a fixed snapshot.
How many home loan products does Defence Bank offer?
Ratesniffers currently tracks 33 Defence Bank home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 26 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 loans sit at the top.
Is Defence Bank competitive for refinancing?
It depends on your loan size and LVR. Defence Bank's lowest comparison rate is currently 6.19% 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 Defence Bank against the sharpest available rate usually pays off.
How often are Defence Bank's home loan rates updated?
Ratesniffers last verified Defence Bank's home loan rates on 19 May 2026. Rates can change whenever Defence Bank reprices or the RBA moves the cash rate, so always confirm the current rate with the lender before acting.
Defence Bank rates by borrower and loan type
The same Defence Bank panel, filtered to the scenario you're actually shopping for.
- Defence Bank owner-occupier ratesP&I and offset-eligible products, ranked sharpest-first.
- Defence Bank investor ratesInvestment lending, interest-only where offered.
- Defence Bank refinance ratesRefinance-eligible products versus your current rate.
- Defence Bank first home buyer ratesFHB-eligible products, Home Guarantee where supported.
- Defence Bank fixed rates1 to 5-year terms where available.
- Defence Bank variable ratesFlexible repayments, offset-compatible products.
- Defence Bank interest-only ratesIO terms, mostly investor products.
- Defence Bank 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.
Other lenders you might compare
Same purpose-built rate cards, different lender panels.
Mortgage guides and market context
Plain-English explainers, plus where rates sit across the market today.