Owner-Occupier < 55% LVR
Owner-occupierVariableP&IOffsetRedraw
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Monthly repayment
$3,240
LVR ≤55%
Pepper Money Home Loan Rates
Active products
36
Lowest variable
6.74%
Lowest fixed
—
Lowest comparison
6.78%
Last updated
28 July 2026
Pepper Money is one of Australia's largest non-bank lenders, ASX-listed and headquartered in Sydney. Specialising in near-prime, alt-doc and credit-impaired home loans that the Big 4 typically decline, Pepper offers Full Doc, Alt Doc and Specialist tiers with risk-based pricing. Loans settle via mortgage-manager and third-party distribution networks, with no direct-to-consumer arm.
What is the lowest Pepper Money home loan rate?
The lowest Pepper Money variable home loan rate Ratesniffers tracks is 6.74% p.a. These figures come from the 12 Pepper Money products on this page, ranked by comparison rate, refreshed daily (last updated 28 July 2026).
How many home loan products does Pepper Money offer?
Ratesniffers currently tracks 12 Pepper Money 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.
Pepper Money home loan rates at a glance
| Product type | Rate | Comparison rate | Max LVR |
|---|---|---|---|
| Variable Owner-occupier P&I | 6.74% p.a. | 6.78% p.a. | 55% |
| Variable Owner-occupier P&I | 6.74% p.a. | 6.78% p.a. | 65% |
| Variable Owner-occupier P&I | 6.74% p.a. | 6.78% p.a. | 70% |
| Variable Owner-occupier P&I | 6.74% p.a. | 6.78% p.a. | 75% |
| Variable Owner-occupier P&I | 6.74% p.a. | 6.78% p.a. | 80% |
| Variable Owner-occupier P&I | 6.74% p.a. | 6.78% p.a. | 85% |
| Variable Owner-occupier P&I | 6.74% p.a. | 6.78% p.a. | 90% |
| Variable Owner-occupier P&I | 6.74% p.a. | 6.78% p.a. | 95% |
| Variable Owner-occupier P&I | 6.74% p.a. | 6.78% p.a. | 55% |
| Variable Owner-occupier P&I | 6.74% p.a. | 6.78% p.a. | 65% |
| Variable Owner-occupier P&I | 6.74% p.a. | 6.78% p.a. | 70% |
| Variable Owner-occupier P&I | 6.74% p.a. | 6.78% p.a. | 75% |
12 Pepper Money home loan products
Owner-Occupier 55-65% LVR
Owner-occupierVariableP&IOffsetRedraw
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Monthly repayment
$3,240
LVR ≤65%
Owner-Occupier 65-70% LVR
Owner-occupierVariableP&IOffsetRedraw
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Monthly repayment
$3,240
LVR ≤70%
Owner-Occupier 70-75% LVR
Owner-occupierVariableP&IOffsetRedraw
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Monthly repayment
$3,240
LVR ≤75%
Owner-Occupier 75-80% LVR
Owner-occupierVariableP&IOffsetRedraw
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Monthly repayment
$3,240
LVR ≤80%
Owner-Occupier 80-85% LVR
Owner-occupierVariableP&IOffsetRedraw
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Monthly repayment
$3,240
LVR ≤85%
Owner-Occupier 85-90% LVR
Owner-occupierVariableP&IOffsetRedraw
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Monthly repayment
$3,240
LVR ≤90%
Owner-Occupier 90-95% LVR
Owner-occupierVariableP&IOffsetRedraw
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Monthly repayment
$3,240
LVR ≤95%
Investor < 55% LVR
Owner-occupierVariableP&IOffsetRedraw
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Monthly repayment
$3,240
LVR ≤55%
Investor 55-65% LVR
Owner-occupierVariableP&IOffsetRedraw
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Monthly repayment
$3,240
LVR ≤65%
Investor 65-70% LVR
Owner-occupierVariableP&IOffsetRedraw
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Monthly repayment
$3,240
LVR ≤70%
Investor 70-75% LVR
Owner-occupierVariableP&IOffsetRedraw
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Monthly repayment
$3,240
LVR ≤75%
Negotiate Pepper Money rates with a broker
Advertised rates aren't always the rate Pepper Money actually approves. Our broker negotiates against your specific scenario, no fee.
Who is Pepper Money?
Pepper Money is one of Australia's best-known specialist non-bank lenders, ASX-listed since 2021 (after an earlier 2015 listing and private-equity ownership in between). It built its name on 'real-life' lending: borrowers the banks' standard criteria don't fit.
That means self-employed applicants with alt-doc income evidence, borrowers with past credit events, and complex scenarios, priced across prime, near-prime and specialist tiers rather than a single one-size rate.
Who suits a Pepper Money home loan?
Pepper tends to suit self-employed borrowers, applicants with a credit blemish that time has healed, and anyone the major banks have declined on paperwork rather than capacity. Specialist tiers price above bank rates, so treat Pepper as a bridge: take the loan, rebuild the file, then refinance sharper, and compare its prime tier against the table above.
Background facts checked 21 July 2026. Rates above refresh independently.
Pepper Money home loans: frequently asked questions
What is the lowest Pepper Money home loan rate?
Pepper Money's lowest variable home loan rate is currently 6.74% p.a., based on the 12 Pepper Money products Ratesniffers ranks by comparison rate, refreshed daily (last updated 28 July 2026). The advertised rate isn't always the rate Pepper Money approves, a broker can often negotiate a sharper deal on your scenario.
How does Pepper Money's home loan rate compare to the market?
Pepper Money's lowest variable home loan rate today is 6.74% p.a., which is 65 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 Pepper Money to match a lower rate. This is computed daily from the live rates across the lenders Ratesniffers tracks, so it reflects where Pepper Money sits right now rather than a fixed snapshot.
How many home loan products does Pepper Money offer?
Ratesniffers currently tracks 36 Pepper Money home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 12 that pass our data-quality checks on this page. Every rate is refreshed daily and ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest loans sit at the top.
Is Pepper Money competitive for refinancing?
It depends on your loan size and LVR. Pepper Money's lowest comparison rate is currently 6.78% 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 Pepper Money against the sharpest available rate usually pays off.
How often are Pepper Money's home loan rates updated?
Ratesniffers refreshes Pepper Money's home loan rates daily; this page was last updated 28 July 2026. Rates can change whenever Pepper Money reprices or the RBA moves the cash rate, so the figures shown reflect the most recent data we hold rather than a static snapshot.
Pepper Money rates by borrower and loan type
The same Pepper Money panel, filtered to the scenario you're actually shopping for.
- Pepper Money owner-occupier ratesP&I and offset-eligible products, ranked sharpest-first.
- Pepper Money investor ratesInvestment lending, interest-only where offered.
- Pepper Money refinance ratesRefinance-eligible products versus your current rate.
- Pepper Money first home buyer ratesFHB-eligible products, Home Guarantee where supported.
- Pepper Money fixed rates1 to 5-year terms where available.
- Pepper Money variable ratesFlexible repayments, offset-compatible products.
- Pepper Money interest-only ratesIO terms, mostly investor products.
- Pepper Money 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.