Firstmac is one of Australia's largest non-bank lenders, founded in 1979 and headquartered in Brisbane. Backed by securitised funding, Firstmac runs its own home-loan brand plus the loans.com.au online brand. Fixed and variable products focus on prime owner-occupiers, with consistently sharp pricing on lower-LVR refinancers.
What are Firstmac home loan rates?
Firstmac home loan rates are in the live table on this page, ranked by comparison rate, with the lowest variable rate currently 6.33% p.a. and the lowest fixed rate currently 6.74% p.a., checked daily (last verified 11 Sept 2026). Compare Firstmac 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 Firstmac home loan rate?
The lowest Firstmac variable home loan rate Ratesniffers tracks is 6.33% p.a., and the lowest fixed rate is 6.74% p.a. These figures come from the 42 Firstmac products on this page that pass data-quality checks, ranked by comparison rate, checked daily (last verified 11 Sept 2026).
How many home loan products does Firstmac offer?
Ratesniffers currently tracks 69 Firstmac home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 42 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.
*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.
Firstmac home loan repayment calculator
Pre-filled with Firstmac's lowest advertised variable rate in the table above, 6.33% p.a. Change the loan amount, rate or term to model your own mortgage. Repayments are principal and interest estimates and exclude fees, so the comparison rate in the table is the better guide to total cost.
Firstmac is Australia's largest privately owned non-bank lender, a Brisbane-based family-owned business with more than 46 years of history, over $21 billion in mortgages under management and more than $40 billion in residential mortgage-backed securities issued since 2003. It also owns and funds the online lender loans.com.au.
Unlike the specialist non-banks, Firstmac's focus is prime lending: clean-file borrowers at sharp rates, distributed through brokers under its own brand and direct through loans.com.au.
Who suits a Firstmac home loan?
Firstmac tends to suit rate-focused borrowers with straightforward applications who want non-bank pricing without the specialist premium. As a non-bank it offers no deposit accounts and its credit appetite favours clean scenarios; its direct arm loans.com.au often carries the same lending at online pricing, so compare both against the table above.
Background facts checked 28 August 2026. Rates above refresh independently.
Firstmac fees, offset and limits at a glance
Application or establishment fee
$0
Discharge fee
$550
Settlement fee
$300
Additional valuation fee
$0
Rate lock fee
$350 (mandatory for all 5 year fixed rate products)
Loan portability
$0
Offset account
100%
Minimum offset balance
No minimum
Lenders mortgage insurer
Helia
Capitalising LMI
Maximum LVR 90% inclusive of LMI premium capitalised
Maximum total lending
Max loan amount $2M, additional criteria / restrictions apply for loans > $1M with single security, refer to…
Extra repayments on fixed
$10,000 p.a.
When the fixed rate is locked
Payment of lock fee
Checked 4 Sept 2026. Lender fees and policy change without notice, so confirm the detail with the lender before you apply.
Firstmac home loans: frequently asked questions
What are Firstmac home loan rates?
Firstmac home loan rates are in the live table on this page. The lowest variable rate Ratesniffers ranks is currently 6.33% p.a., and the lowest fixed rate is 6.74% p.a., checked daily (last verified 11 Sept 2026). Compare Firstmac against the wider market at /home-loans. The /guides/comparison-rate explains the fee-inclusive figure used to rank the table. To model extra payments on a Firstmac balance, use /calculators/extra-repayment.
What is the lowest Firstmac home loan rate?
Firstmac's lowest variable home loan rate is currently 6.33% p.a., and its lowest fixed rate is 6.74% p.a., based on the 42 Firstmac products Ratesniffers ranks by comparison rate, checked daily (last verified 11 Sept 2026). The advertised rate isn't always the rate Firstmac approves, a broker can often negotiate a sharper deal on your scenario.
What is the monthly repayment on a $600,000 Firstmac home loan?
At Firstmac's lowest variable rate of 6.33% p.a., a $600,000 principal and interest loan over 30 years repays about $3,726 a month, and $500,000 about $3,105. That is an estimate at the advertised rate before fees; the comparison rate in the table above carries the fees, and a fixed or interest-only loan repays differently.
How much do you need to earn for a $500,000 Firstmac home loan?
There is no single salary. Like every Australian lender, Firstmac must assess a new home loan at a rate at least 3 percentage points above the loan's rate under APRA's serviceability buffer, so 6.33% p.a. is assessed at about 9.33% p.a., then test that repayment against income after living expenses and other debts. The income required calculator at /calculators/income-required works this backwards from a property price and deposit.
How does Firstmac's home loan rate compare to the market?
Firstmac's lowest variable home loan rate today is 6.33% p.a., which is 9 basis points above the market median of 6.24% p.a., so there are sharper variable rates available elsewhere today, and it's worth comparing or asking Firstmac to match a lower rate. This is computed daily from the live rates across the lenders Ratesniffers tracks, so it reflects where Firstmac sits right now rather than a fixed snapshot.
How many home loan products does Firstmac offer?
Ratesniffers currently tracks 69 Firstmac home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 42 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.
How often are Firstmac's home loan rates updated?
Ratesniffers refreshes Firstmac's home loan rates daily; this page was last updated 11 Sept 2026. Rates can change whenever Firstmac reprices or the RBA moves the cash rate, so the figures shown reflect the most recent data we hold rather than a static snapshot.
