Interest
6.29%p.a.
Comparison*
6.38%p.a.
Est. repayment
$3,092
LVR ≤70%
Macquarie Bank Limited Home Loan Rates
What are Macquarie fixed rates?
Macquarie fixed rates sit beside its variable rates in the live table on this page. The lowest verified Macquarie owner-occupier principal-and-interest figures at 80% LVR, as of 27 August 2026, are 6.09% p.a. (6.32% comparison rate) variable and 6.14% p.a. (6.34% comparison rate) 3-year fixed, for an owner-occupier principal-and-interest loan at 80% LVR, as of 27 August 2026. Compare those figures, not only the headline rate, on home loan rates.
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.
Tracked products
244
Lowest variable
6.04%
Lowest fixed
6.09%
Lowest comparison
6.27%
Last updated
12 Sept 2026
Macquarie Bank is Australia's largest non-Big-Four lender by home-loan book and a tier-one challenger to the majors. Headquartered in Sydney, it operates with no branch network, applications handled through a slick mobile app. Known for sharp owner-occupier and investor pricing, fast turnaround for full-doc PAYG applications, and a particularly clean offset implementation.
What are Macquarie Bank Limited home loan rates?
Macquarie Bank Limited home loan rates are in the live table on this page, ranked by comparison rate, with the lowest variable rate currently 6.04% p.a. and the lowest fixed rate currently 6.09% p.a., checked daily (last verified 12 Sept 2026). Compare Macquarie Bank Limited 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 Macquarie Bank Limited home loan rate?
The lowest Macquarie Bank Limited variable home loan rate Ratesniffers tracks is 6.04% p.a., and the lowest fixed rate is 6.09% p.a. These figures come from the 43 Macquarie Bank Limited 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 Macquarie Bank Limited offer?
Ratesniffers currently tracks 244 Macquarie Bank Limited home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 43 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 is limited to Macquarie home loan pricing, not savings or term-deposit interest rates. Use the wider Australian home loan rates comparison to check Macquarie against the rest of the tracked lender panel.
Macquarie Bank Limited home loan rates at a glance
| Product type | Rate | Comparison rate | Max LVR |
|---|---|---|---|
| Fixed 5-year Owner-occupier P&I | 6.29% p.a. | 6.38% p.a. | 70% |
| Variable Investor interest-only | 6.39% p.a. | n/a | 70% |
| Variable Owner-occupier interest-only | 6.39% p.a. | n/a | 70% |
| Variable Investor interest-only | 6.39% p.a. | n/a | 70% |
| Variable Owner-occupier interest-only | 6.39% p.a. | n/a | 70% |
| Fixed 1-year Investor P&I | 6.39% p.a. | n/a | 80% |
| Fixed 4-year Owner-occupier P&I | 6.34% p.a. | 6.41% p.a. | 95% |
| Fixed 4-year Owner-occupier P&I | 6.34% p.a. | 6.41% p.a. | 95% |
| Fixed 4-year Owner-occupier P&I | 6.34% p.a. | 6.41% p.a. | 80% |
| Variable Investor P&I | 6.19% p.a. | 6.42% p.a. | 90% |
| Variable Investor P&I | 6.19% p.a. | 6.42% p.a. | 90% |
| Variable Investor P&I | 6.19% p.a. | 6.42% p.a. | 70% |
43 of 244 tracked Macquarie Bank Limited home loan products
Interest
6.39%p.a.
Comparison*
Not available
Est. repayment
$3,124
LVR 60 to 70%
Interest
6.39%p.a.
Comparison*
Not available
Est. repayment
$3,124
LVR 60 to 70%
Interest
6.39%p.a.
Comparison*
Not available
Est. repayment
$3,124
LVR 60 to 70%
Interest
6.39%p.a.
Comparison*
Not available
Est. repayment
$3,124
LVR 60 to 70%
Interest
6.39%p.a.
Comparison*
Not available
Est. repayment
$3,124
LVR 70 to 80%
Interest
6.34%p.a.
Comparison*
6.41%p.a.
Est. repayment
$3,108
LVR 70 to 80%
Interest
6.34%p.a.
Comparison*
6.41%p.a.
Est. repayment
$3,108
LVR 70 to 80%
Macquarie Bank LimitedOffset Home Loan Package 4 Year Fixed Owner Occupied P&I 70% - 80% LVR
4y Fixed
Interest
6.34%p.a.
Comparison*
6.41%p.a.
Est. repayment
$3,108
LVR 70 to 80%
Interest
6.19%p.a.
Comparison*
6.42%p.a.
Est. repayment
$3,059
LVR 70 to 80%
Interest
6.19%p.a.
Comparison*
6.42%p.a.
Est. repayment
$3,059
LVR 70 to 80%
Interest
6.19%p.a.
Comparison*
6.42%p.a.
Est. repayment
$3,059
LVR 60 to 70%
Interest
6.24%p.a.
Comparison*
6.43%p.a.
Est. repayment
$3,075
LVR ≤70%
Interest
6.34%p.a.
Comparison*
6.43%p.a.
Est. repayment
$3,108
LVR 70 to 80%
Interest
6.34%p.a.
Comparison*
6.43%p.a.
Est. repayment
$3,108
LVR 70 to 80%
Macquarie Bank LimitedOffset Home Loan Package 5 Year Fixed Owner Occupied P&I 70% - 80% LVR
5y Fixed
Interest
6.34%p.a.
Comparison*
6.43%p.a.
Est. repayment
$3,108
LVR 70 to 80%
Interest
6.29%p.a.
Comparison*
6.44%p.a.
Est. repayment
$3,092
LVR ≤70%
Interest
6.34%p.a.
Comparison*
6.44%p.a.
Est. repayment
$3,108
LVR ≤70%
Interest
6.44%p.a.
Comparison*
Not available
Est. repayment
$3,141
LVR ≤70%
Interest
6.44%p.a.
Comparison*
Not available
Est. repayment
$3,141
LVR ≤70%
Interest
6.44%p.a.
Comparison*
Not available
Est. repayment
$3,141
LVR ≤70%
Interest
6.44%p.a.
Comparison*
Not available
Est. repayment
$3,141
LVR ≤70%
Interest
6.44%p.a.
Comparison*
Not available
Est. repayment
$3,141
LVR ≤70%
Interest
6.44%p.a.
Comparison*
Not available
Est. repayment
$3,141
LVR ≤70%
Interest
6.24%p.a.
Comparison*
6.47%p.a.
Est. repayment
$3,075
LVR 70 to 80%
Interest
6.29%p.a.
Comparison*
6.48%p.a.
Est. repayment
$3,092
LVR 70 to 80%
Interest
6.34%p.a.
Comparison*
6.49%p.a.
Est. repayment
$3,108
LVR 70 to 80%
Interest
6.34%p.a.
Comparison*
6.49%p.a.
Est. repayment
$3,108
LVR 70 to 80%
Interest
6.34%p.a.
Comparison*
6.49%p.a.
Est. repayment
$3,108
LVR 70 to 80%
Interest
6.39%p.a.
Comparison*
6.49%p.a.
Est. repayment
$3,124
LVR 70 to 80%
Interest
6.39%p.a.
Comparison*
6.49%p.a.
Est. repayment
$3,124
LVR 70 to 80%
Interest
6.39%p.a.
Comparison*
6.49%p.a.
Est. repayment
$3,124
LVR 70 to 80%
Interest
6.49%p.a.
Comparison*
6.38%p.a.
Est. repayment
$3,157
LVR 70 to 80%
Interest
6.49%p.a.
Comparison*
6.38%p.a.
Est. repayment
$3,157
LVR 70 to 80%
Interest
6.49%p.a.
Comparison*
Not available
Est. repayment
$3,157
LVR ≤70%
Interest
6.49%p.a.
Comparison*
Not available
Est. repayment
$3,157
LVR ≤70%
Interest
6.49%p.a.
Comparison*
Not available
Est. repayment
$3,157
LVR 70 to 80%
Interest
6.49%p.a.
Comparison*
Not available
Est. repayment
$3,157
LVR 70 to 80%
Interest
6.49%p.a.
Comparison*
Not available
Est. repayment
$3,157
LVR 70 to 80%
Interest
6.49%p.a.
Comparison*
Not available
Est. repayment
$3,157
LVR 70 to 80%
Interest
6.49%p.a.
Comparison*
Not available
Est. repayment
$3,157
LVR ≤70%
Interest
6.49%p.a.
Comparison*
Not available
Est. repayment
$3,157
LVR ≤70%
Interest
6.49%p.a.
Comparison*
Not available
Est. repayment
$3,157
LVR 80 to 95%
*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 Macquarie Bank Limited?
Macquarie Bank is Australia's fifth-largest home lender and the fastest-growing of the majors, with a home-loan portfolio of about $191.5 billion as at 30 June 2026, up 6% on the prior quarter, and around 7% share of household lending. It runs no branch network for home lending and writes most of its loans digitally.
Macquarie has won share from the big four on the strength of fast approvals, clean digital service and consistently sharp pricing, particularly for lower-LVR refinancers with straightforward scenarios.
Who suits a Macquarie Bank Limited home loan?
Macquarie tends to suit refinancers and buyers with clean applications and deposits of 20% or more, where its pricing and turnaround are at their strongest. Its rates regularly appear near the top of our table, so check the live comparison above; borrowers with complex income or small deposits may find other lenders more accommodating.
Macquarie Bank Limited's lowest variable rate today is 6.04% p.a., 20 basis points below 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.
Macquarie Bank Limited home loan products explained
The line-up as published by Macquarie Bank Limited, checked 5 September 2026. Today's rate for each product is in the table above.
| Product | Who it is for | What to know |
|---|---|---|
| Basic Home Loan | Borrowers who want a simple variable or fixed loan with no ongoing fees. | No offset account, redraw on variable portions, fixed terms from one to five years, $0 application fee, $0 monthly fee, $0 annual fee, $350 documentation fee, loans from $150,000 to $10,000,000, interest-only up to 5 years. |
| Offset Home Loan | Borrowers who want multiple offset accounts. | Up to 10 offset accounts per variable rate loan account (four at application for company or trust borrowers), $248 annual fee paid in two six-monthly instalments, $350 documentation fee. At least $20,000 must stay on a variable rate, so the loan cannot be fully fixed, and offset links only to variable portions. |
| Split and multiple loan accounts | Borrowers who want fixed and variable portions, or separate accounts by purpose. | Either facility can be split across fixed and variable accounts and separated by owner-occupied or investment purpose and repayment type. |
Macquarie Bank Limited fees, offset and limits at a glance
- Discharge fee
- $400
- Settlement fee
- $0
- Additional valuation fee
- $0
- Rate lock fee
- $0
- Offset account
- 100%
- Lenders mortgage insurer
- Macquarie
- Capitalising LMI
- Max 95% LVR (inc LMI) owner occupied. Max 90% LVR (inc LMI) for investment and off the plan.…
- Maximum total lending
- Loan amount (inc cap LMI) and max LVR: Metro Cat1: $10M, 70% $5M, 80% $1.5m, 95% Regional, Cat 2 & 3: $3m…
- Extra repayments on fixed
- Up to $10k without incurring break costs
- When the fixed rate is locked
- The interest rate is fixed on the day of formal approval
Checked 4 Sept 2026. Lender fees and policy change without notice, so confirm the detail with the lender before you apply.
Macquarie Bank Limited home loan fees and policy
- Both Macquarie loans carry a $0 application fee and $0 monthly account fee; the Offset Home Loan adds a $248 annual fee, and both list a $350 documentation fee.
- Loan sizes run from $150,000 to $10,000,000, with interest-only available for up to 5 years on variable rate loans.
- Macquarie's investor page shows a highest LVR tier of 90% on principal and interest variable and fixed loans, and its new-purchase page prices its top tier at up to 60% of the property value.
- Macquarie says it can usually provide pre-approval within one business day where an application qualifies, valid for 90 days, with online pre-approval taking as little as 15 minutes.
- Macquarie's own home loan pages do not mention the Australian Government 5% Deposit Scheme, so Ratesniffers makes no claim about participation.
- Macquarie Bank Limited holds Australian Credit Licence 237502.
Sources checked 5 September 2026: www.macquarie.com.au, www.macquarie.com.au, www.macquarie.com.au, www.macquarie.com.au, www.macquarie.com.au, Macquarie home loans, Macquarie compare home loans, Macquarie new home loans, Macquarie investor home loans.
Macquarie Bank Limited home loans: frequently asked questions
What are Macquarie fixed rates?
Macquarie fixed rates sit beside its variable rates in the live table on this page. The lowest verified Macquarie owner-occupier principal-and-interest figures at 80% LVR, as of 27 August 2026, are 6.09% p.a. (6.32% comparison rate) variable and 6.14% p.a. (6.34% comparison rate) 3-year fixed, for an owner-occupier principal-and-interest loan at 80% LVR, as of 27 August 2026. Compare those figures, not only the headline rate, at /home-loans.
What are Macquarie variable rates?
Macquarie variable rates for an owner-occupier principal-and-interest loan at 80% LVR are 6.09% p.a. (6.32% comparison rate) for an owner-occupier principal-and-interest loan at 80% LVR, as of 27 August 2026. Compare Macquarie against every lender at /home-loans. This is general information, not a recommendation to borrow.
What are Macquarie home loan fees?
Macquarie charges a $0 application fee and a $0 monthly account fee. The Basic Home Loan has no annual fee. The Offset Home Loan charges $248 a year, paid in two six-monthly instalments after settlement. Both list a $350 documentation fee. Compare the comparison rate, which already reflects ongoing fees, at /home-loans.
What is the Macquarie fixed vs variable rate?
In the 80% LVR owner-occupier principal-and-interest slot, as of 27 August 2026, Macquarie's lowest verified variable rate is 6.09% p.a. (6.32% comparison rate) and its lowest verified fixed rate is 6.14% p.a. (6.34% comparison rate) 3-year fixed, for an owner-occupier principal-and-interest loan at 80% LVR, as of 27 August 2026. Compare those figures at /home-loans. This is general information, not a recommendation to borrow.
What are Macquarie Bank Limited home loan rates?
Macquarie Bank Limited home loan rates are in the live table on this page. The lowest variable rate Ratesniffers ranks is currently 6.04% p.a., and the lowest fixed rate is 6.09% p.a., checked daily (last verified 12 Sept 2026). Compare Macquarie Bank Limited 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 Macquarie Bank Limited balance, use /calculators/extra-repayment.
What is the lowest Macquarie Bank Limited home loan rate?
Macquarie Bank Limited's lowest variable home loan rate is currently 6.04% p.a., and its lowest fixed rate is 6.09% p.a., based on the 43 Macquarie Bank Limited products Ratesniffers ranks by comparison rate, checked daily (last verified 12 Sept 2026). The advertised rate isn't always the rate Macquarie Bank Limited approves, a broker can often negotiate a sharper deal on your scenario.
What is the monthly repayment on a $600,000 Macquarie Bank Limited home loan?
At Macquarie Bank Limited's lowest variable rate of 6.04% p.a., a $600,000 principal and interest loan over 30 years repays about $3,613 a month, and $500,000 about $3,011. 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 Macquarie Bank Limited home loan?
There is no single salary. Like every Australian lender, Macquarie Bank Limited 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 6.04% p.a. is assessed at about 9.04% 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 Macquarie Bank Limited's home loan rate compare to the market?
Macquarie Bank Limited's lowest variable home loan rate today is 6.04% p.a., which is 20 basis points below the market median of 6.24% p.a., which puts Macquarie Bank Limited 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 Macquarie Bank Limited sits right now rather than a fixed snapshot.
How many home loan products does Macquarie Bank Limited offer?
Ratesniffers currently tracks 244 Macquarie Bank Limited home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 43 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 Macquarie Bank Limited competitive for refinancing?
It depends on your loan size and LVR. Macquarie Bank Limited's lowest comparison rate is currently 6.27% 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 Macquarie Bank Limited against the sharpest available rate usually pays off.
How often are Macquarie Bank Limited's home loan rates updated?
Ratesniffers refreshes Macquarie Bank Limited's home loan rates daily; this page was last updated 12 Sept 2026. Rates can change whenever Macquarie Bank Limited reprices or the RBA moves the cash rate, so the figures shown reflect the most recent data we hold rather than a static snapshot.
What is the Macquarie rate card?
Macquarie's rate card is its Home loan interest rates page. It lists variable and fixed rates for the Basic Home Loan and the Offset Home Loan, with a comparison rate beside each. The rate you are quoted depends on loan purpose, repayment type, rate type and LVR, and fixed terms run from one to five years.
Does Macquarie Bank offer an offset account on its home loans, and what does it cost?
Yes. The Macquarie Offset Home Loan lets you open up to 10 offset accounts per variable rate loan account. It carries a $248 annual Offset Home Loan Facility fee, payable in two equal instalments every six months from settlement. Offset accounts cannot be linked to fixed rate accounts, and the variable account must keep a minimum limit of $20,000.
What fees does Macquarie Bank charge on a home loan?
Macquarie charges a $0 application fee, $0 monthly account fee, $0 redraw fee and $0 split fee on its home loans. A $350 documentation fee applies to both the Basic and Offset home loans. The Basic Home Loan has no annual fee; the Offset Home Loan has a $248 annual facility fee. Government charges are extra.
Does Macquarie Bank lend to self-employed borrowers?
Yes. Macquarie's online home loan application accepts income from an employer (PAYG) or from self-employment, for applicants aged 18 or over who are Australian citizens or permanent or temporary residents and Australian tax residents. Applicants are asked for documents relating to their income, such as payslips or income statements, plus details of assets, liabilities and living expenses.
Who owns Macquarie Bank, and which entity holds the banking licence?
Macquarie Bank Limited (MBL) is the banking entity within Macquarie Group. It holds Australian Financial Services Licence and Australian Credit Licence 237502 and is the authorised deposit-taking institution under the Banking Act 1959. Macquarie's home loan information is issued by MBL, and other Macquarie Group entities are not authorised deposit-taking institutions.
What are Macquarie's home loan rates in September 2026?
Macquarie's current home loan rates are in the live table above, ranked by comparison rate and refreshed from Macquarie's published pricing rather than frozen into this answer. Its Basic and Offset loans are tiered by LVR, with a separate tier at 60% LVR and under, so the comparison rate you qualify for depends on your deposit or equity. Check the table for today's figures.
What are Macquarie's fixed rates?
Macquarie offers fixed terms from one to five years on both the Basic Home Loan and the Offset Home Loan, and today's fixed rates are in the table above. Redraw is not available during a fixed period, and offset accounts link only to variable portions, so an Offset Home Loan must keep at least $20,000 on a variable rate rather than being fully fixed.
Does Macquarie charge an annual fee on its home loans?
The Basic Home Loan has no annual, monthly or application fee. The Offset Home Loan charges $248 a year, paid in two six-monthly instalments after settlement, in return for up to 10 offset accounts per variable loan account. Both products list a $350 documentation fee. The comparison rate in the table above already reflects these ongoing fees.
Is Macquarie a good bank for a home loan?
Macquarie runs a simple two-product range, Basic and Offset, with a $0 application fee, $0 monthly fee and pre-approval that it says usually takes one business day where an application qualifies. Its pricing is tiered by LVR, so borrowers with 40% or more equity see its top tier. Whether it suits you comes down to comparison rate for your LVR band, so check the table above.
Can I get a Macquarie home loan with a small deposit?
Macquarie's investor and product pages show pricing tiers up to 90% LVR on principal and interest loans, which points to a minimum 10% deposit, and its pages do not mention the Australian Government 5% Deposit Scheme. If you have less than a 10% deposit or need a scheme place, another lender on this site is likely to be a better fit.