HomeStart is one of the Australian home-loan lenders we track daily. We currently surface 16 active products from HomeStart, 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 are HomeStart home loan rates?
HomeStart home loan rates are in the live table on this page, ranked by comparison rate, with the lowest variable rate currently 3.50% p.a. and the lowest fixed rate currently 4.20% p.a., last verified 30 Aug 2026. Compare HomeStart 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 HomeStart home loan rate?
The lowest HomeStart variable home loan rate Ratesniffers tracks is 3.50% p.a., and the lowest fixed rate is 4.20% p.a. These figures come from the 16 HomeStart products on this page, ranked by comparison rate, last verified 30 Aug 2026.
How many home loan products does HomeStart offer?
Ratesniffers currently tracks 16 HomeStart 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.
16 HomeStart home loan products
No active products surfaced. This lender may have paused new lending or recently been removed from our index, check back tomorrow.
Who is HomeStart?
HomeStart is South Australia's government-backed home lender, established in 1989, and has helped more than 67,000 households into home ownership. Its products are built around low deposits and alternative eligibility, including options for graduates and lower-income buyers, with no lenders mortgage insurance.
Because it is state-backed with a home-ownership mandate rather than a profit-first one, some of its products carry subsidised pricing that sits below conventional market rates.
Who suits a HomeStart home loan?
HomeStart tends to suit South Australians who can't clear a mainstream deposit hurdle: lower-income earners, graduates and buyers without family help. Its niche products have their own eligibility rules and its standard pricing is transitional, so compare both against the wider market in the table above as your position improves.
Background facts checked 4 September 2026. Rates above refresh independently.
HomeStart fees, offset and limits at a glance
Application or establishment fee
$845
Discharge fee
$450
Settlement fee
$200
Additional valuation fee
$0
Maximum total lending
Aggregate Max Loan $750,000
Extra repayments on fixed
Limited to $10,000 p.a. if exceeded, break fee is charged ($325)
When the fixed rate is locked
Settlement
Checked 4 Sept 2026. Lender fees and policy change without notice, so confirm the detail with the lender before you apply.
HomeStart home loans: frequently asked questions
What are HomeStart home loan rates?
HomeStart home loan rates are in the live table on this page. The lowest variable rate Ratesniffers ranks is currently 3.50% p.a., and the lowest fixed rate is 4.20% p.a., last verified 30 Aug 2026. Compare HomeStart 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 HomeStart balance, use /calculators/extra-repayment.
What is the lowest HomeStart home loan rate?
HomeStart's lowest variable home loan rate is currently 3.50% p.a., and its lowest fixed rate is 4.20% p.a., based on the 16 HomeStart products Ratesniffers ranks by comparison rate, last verified 30 Aug 2026. The advertised rate isn't always the rate HomeStart approves, a broker can often negotiate a sharper deal on your scenario.
What is the monthly repayment on a $600,000 HomeStart home loan?
At HomeStart's lowest variable rate of 3.50% p.a., a $600,000 principal and interest loan over 30 years repays about $2,694 a month, and $500,000 about $2,245. 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 HomeStart home loan?
There is no single salary. Like every Australian lender, HomeStart 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 3.50% p.a. is assessed at about 6.50% 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 HomeStart's home loan rate compare to the market?
HomeStart's lowest variable home loan rate today is 3.50% p.a., which is 274 basis points below the market median of 6.24% p.a., which puts HomeStart among the more competitive lenders on variable rates today. This is computed daily from the live rates across the lenders Ratesniffers tracks, so it reflects where HomeStart sits right now rather than a fixed snapshot.
How many home loan products does HomeStart offer?
Ratesniffers currently tracks 16 HomeStart 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 loans sit at the top.
Is HomeStart competitive for refinancing?
It depends on your loan size and LVR. HomeStart's lowest comparison rate is currently 3.60% 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 HomeStart against the sharpest available rate usually pays off.
How often are HomeStart's home loan rates updated?
Ratesniffers last verified HomeStart's home loan rates on 30 Aug 2026. Rates can change whenever HomeStart reprices or the RBA moves the cash rate, so always confirm the current rate with the lender before acting.
