Interest
5.99%p.a.
Comparison*
5.99%p.a.
Est. repayment
$2,995
LVR ≤70%
People First Bank Home Loan Rates
Tracked products
58
Lowest variable
5.99%
Lowest fixed
6.19%
Lowest comparison
5.99%
Last updated
3 July 2026
People First Bank is one of the Australian home-loan lenders we track daily. We currently surface 58 active products from People First 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 People First Bank home loan rate?
The lowest People First Bank variable home loan rate Ratesniffers tracks is 5.99% p.a., and the lowest fixed rate is 6.19% p.a. These figures come from the 46 People First Bank products on this page that pass data-quality checks, ranked by comparison rate, last verified 3 July 2026.
How many home loan products does People First Bank offer?
Ratesniffers currently tracks 58 People First Bank home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 46 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.
People First Bank home loan rates at a glance
| Product type | Rate | Comparison rate | Max LVR |
|---|---|---|---|
| Variable Owner-occupier P&I | 5.99% p.a. | 5.99% p.a. | 70% |
| Variable Owner-occupier P&I | 5.99% p.a. | 5.99% p.a. | 70% |
| Variable Owner-occupier P&I | 6.09% p.a. | 6.09% p.a. | 80% |
| Variable Owner-occupier P&I | 6.09% p.a. | 6.09% p.a. | 80% |
| Variable Investor P&I | 6.14% p.a. | 6.14% p.a. | 70% |
| Variable Investor P&I | 6.14% p.a. | 6.14% p.a. | 70% |
| Fixed 3-year Owner-occupier P&I | 6.19% p.a. | 6.12% p.a. | 90% |
| Fixed 3-year Owner-occupier P&I | 6.19% p.a. | 6.12% p.a. | 80% |
| Variable Investor P&I | 6.24% p.a. | 6.24% p.a. | 80% |
| Variable Investor P&I | 6.24% p.a. | 6.24% p.a. | 80% |
| Fixed 2-year Owner-occupier P&I | 6.24% p.a. | 6.12% p.a. | 90% |
| Fixed 2-year Owner-occupier P&I | 6.24% p.a. | 6.12% p.a. | 80% |
46 of 58 tracked People First Bank home loan products
Interest
5.99%p.a.
Comparison*
5.99%p.a.
Est. repayment
$2,995
LVR ≤70%
Interest
6.09%p.a.
Comparison*
6.09%p.a.
Est. repayment
$3,027
LVR 70–80%
Interest
6.09%p.a.
Comparison*
6.09%p.a.
Est. repayment
$3,027
LVR 70–80%
Interest
6.14%p.a.
Comparison*
6.14%p.a.
Est. repayment
$3,043
LVR ≤70%
Interest
6.14%p.a.
Comparison*
6.14%p.a.
Est. repayment
$3,043
LVR ≤70%
Interest
6.19%p.a.
Comparison*
6.12%p.a.
Est. repayment
$3,059
LVR ≤90%
Interest
6.19%p.a.
Comparison*
6.12%p.a.
Est. repayment
$3,059
LVR ≤80%
Interest
6.24%p.a.
Comparison*
6.24%p.a.
Est. repayment
$3,075
LVR 70–80%
Interest
6.24%p.a.
Comparison*
6.24%p.a.
Est. repayment
$3,075
LVR 70–80%
Interest
6.24%p.a.
Comparison*
6.12%p.a.
Est. repayment
$3,075
LVR ≤90%
Interest
6.24%p.a.
Comparison*
6.12%p.a.
Est. repayment
$3,075
LVR ≤80%
Interest
6.29%p.a.
Comparison*
6.11%p.a.
Est. repayment
$3,092
LVR ≤80%
Interest
6.29%p.a.
Comparison*
6.15%p.a.
Est. repayment
$3,092
LVR ≤90%
Interest
6.29%p.a.
Comparison*
6.15%p.a.
Est. repayment
$3,092
LVR ≤80%
Interest
6.39%p.a.
Comparison*
6.20%p.a.
Est. repayment
$3,124
LVR ≤90%
Interest
6.39%p.a.
Comparison*
6.20%p.a.
Est. repayment
$3,124
LVR ≤80%
Interest
6.39%p.a.
Comparison*
6.22%p.a.
Est. repayment
$3,124
LVR ≤90%
Interest
6.39%p.a.
Comparison*
6.22%p.a.
Est. repayment
$3,124
LVR ≤80%
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*
6.28%p.a.
Est. repayment
$3,141
LVR ≤90%
Interest
6.44%p.a.
Comparison*
6.28%p.a.
Est. repayment
$3,141
LVR ≤80%
Interest
6.49%p.a.
Comparison*
6.27%p.a.
Est. repayment
$3,157
LVR ≤80%
Interest
6.49%p.a.
Comparison*
6.31%p.a.
Est. repayment
$3,157
LVR ≤90%
Interest
6.49%p.a.
Comparison*
6.31%p.a.
Est. repayment
$3,157
LVR ≤80%
Interest
6.54%p.a.
Comparison*
Not available
Est. repayment
$3,174
LVR 70–80%
Interest
6.54%p.a.
Comparison*
Not available
Est. repayment
$3,174
LVR 70–80%
Interest
6.59%p.a.
Comparison*
6.23%p.a.
Est. repayment
$3,190
LVR ≤90%
Interest
6.59%p.a.
Comparison*
6.37%p.a.
Est. repayment
$3,190
LVR ≤90%
Interest
6.59%p.a.
Comparison*
6.37%p.a.
Est. repayment
$3,190
LVR ≤80%
Interest
6.59%p.a.
Comparison*
6.39%p.a.
Est. repayment
$3,190
LVR ≤90%
Interest
6.59%p.a.
Comparison*
6.39%p.a.
Est. repayment
$3,190
LVR ≤80%
Interest
6.64%p.a.
Comparison*
Not available
Est. repayment
$3,207
LVR ≤80%
Interest
6.64%p.a.
Comparison*
6.20%p.a.
Est. repayment
$3,207
LVR ≤90%
Interest
6.69%p.a.
Comparison*
Not available
Est. repayment
$3,223
LVR ≤80%
Interest
6.69%p.a.
Comparison*
Not available
Est. repayment
$3,223
LVR ≤80%
Interest
6.69%p.a.
Comparison*
6.26%p.a.
Est. repayment
$3,223
LVR ≤90%
Interest
6.79%p.a.
Comparison*
Not available
Est. repayment
$3,256
LVR ≤80%
Interest
6.79%p.a.
Comparison*
6.35%p.a.
Est. repayment
$3,256
LVR ≤90%
Interest
6.79%p.a.
Comparison*
Not available
Est. repayment
$3,256
LVR ≤80%
Interest
6.79%p.a.
Comparison*
6.40%p.a.
Est. repayment
$3,256
LVR ≤90%
Interest
6.84%p.a.
Comparison*
6.36%p.a.
Est. repayment
$3,273
LVR ≤90%
Interest
6.89%p.a.
Comparison*
6.43%p.a.
Est. repayment
$3,290
LVR ≤90%
Interest
6.99%p.a.
Comparison*
6.52%p.a.
Est. repayment
$3,323
LVR ≤90%
Interest
6.99%p.a.
Comparison*
6.57%p.a.
Est. repayment
$3,323
LVR ≤90%
*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.
People First Bank home loan repayment calculator
Pre-filled with People First Bank's lowest advertised variable rate in the table above, 5.99% 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.
The amount you want to borrow.
People First Bank's lowest variable today: 5.99%.
Most owner-occupier loans run 25 to 30 years.
Monthly repayment
$2,995
Fortnightly repayment
$1,382
Total interest
$578,034
30 years at 5.99% (P&I)
For a fuller model, use the repayment calculator or check what you can borrow with the borrowing power calculator.
People First Bank fees, offset and limits at a glance
- Application or establishment fee
- $0
- Discharge fee
- $350
- Settlement fee
- $0
- Additional valuation fee
- $300
- Rate lock fee
- 0.15% of loan amount (deducted from loan)
- Loan portability
- $300
- Minimum offset balance
- $1
- Maximum total lending
- $999,999,999
- Extra repayments on fixed
- $10,000 per anniversary year
- When the fixed rate is locked
- Time of application
Checked 4 Sept 2026. Lender fees and policy change without notice, so confirm the detail with the lender before you apply.
People First Bank home loans: frequently asked questions
What is the lowest People First Bank home loan rate?
People First Bank's lowest variable home loan rate is currently 5.99% p.a., and its lowest fixed rate is 6.19% p.a., based on the 46 People First Bank products Ratesniffers ranks by comparison rate, last verified 3 July 2026. The advertised rate isn't always the rate People First Bank approves, a broker can often negotiate a sharper deal on your scenario.
What is the monthly repayment on a $600,000 People First Bank home loan?
At People First Bank's lowest variable rate of 5.99% p.a., a $600,000 principal and interest loan over 30 years repays about $3,593 a month, and $500,000 about $2,995. 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 People First Bank home loan?
There is no single salary. Like every Australian lender, People First Bank 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 5.99% p.a. is assessed at about 8.99% 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 People First Bank's home loan rate compare to the market?
People First Bank's lowest variable home loan rate today is 5.99% p.a., which is 25 basis points below the market median of 6.24% p.a., which puts People First Bank 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 People First Bank sits right now rather than a fixed snapshot.
How many home loan products does People First Bank offer?
Ratesniffers currently tracks 58 People First Bank home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 46 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 People First Bank competitive for refinancing?
It depends on your loan size and LVR. People First Bank's lowest comparison rate is currently 5.99% 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 People First Bank against the sharpest available rate usually pays off.
How often are People First Bank's home loan rates updated?
Ratesniffers last verified People First Bank's home loan rates on 3 July 2026. Rates can change whenever People First Bank reprices or the RBA moves the cash rate, so always confirm the current rate with the lender before acting.