Judo Bank home loan review
Judo Bank is an established Australian lender, and Ratesniffers tracks 24 of its home loan products across variable, fixed and interest-only options. Its lowest variable rate Ratesniffers tracks is 8.40% p.a., and its lowest fixed rate is 8.88% p.a. That sits about 231 basis points above the market median of 6.09% p.a., so sharper variable rates exist elsewhere today.
The case for
- Offers both fixed and variable loans, so you can split or switch as your plans change.
- Extra repayments are allowed on at least some products, letting you pay down faster.
- Redraw is available on at least some products, so extra repayments stay accessible.
- Ratesniffers tracks 24 of its products and refreshes the rates daily.
What to weigh up
- Its sharpest variable rate sits above the market median of 6.09% p.a. today, so it pays to compare.
- No offset account surfaced across the tracked products, which can matter if you hold steady savings.
- The advertised rate isn't always the rate you'll be approved for, so it can depend heavily on your deposit and profile.
- Fees and conditions vary by product, so the headline rate alone doesn't tell you the true cost.
Who Judo Bank suits
Judo Bank tends to suit borrowers who want the option to fix, stay variable, or split. As always, the right loan depends on your deposit, your purpose, and the features you'll actually use, so compare it against the wider panel before you commit.
Who should look elsewhere
You may do better elsewhere if its sharpest variable rate currently sits above the market median of 6.09% p.a., and no offset account surfaces across the tracked products, and the advertised rate may not be the rate you're approved for once your deposit and profile are assessed. If your deposit is small, you're an investor, or you want interest-only, the rate Judo Bank actually offers can be higher than the headline, so it's worth comparing the wider market before deciding.
Key features Judo Bank offers
- Redraw facility on at least some products
- Extra repayments on at least some products
Features vary by product. Confirm the exact terms on the loan you apply for, as not every Judo Bank product carries every feature.
Is Judo Bank a good home loan?
Judo Bank is a credible choice whose lowest variable rate of 8.40% p.a. currently sits about 231 basis points above the market median, so it's worth comparing before you commit (last updated 12 June 2026). Whether it's right for you comes down to your deposit, the features you'll use, and how its real approved rate compares, so treat the headline as a starting point, not the final answer.
See if you can do better than Judo Bank
The advertised rate isn't always the rate you'll be approved for. Compare Judo Bank against the wider panel, or have your scenario negotiated, at no cost.
Judo Bank home loans: frequently asked questions
Is Judo Bank a good home loan?
How do Judo Bank's home loan rates compare to the market?
Does Judo Bank offer an offset account?
Is Judo Bank good for refinancing?
How often is this Judo Bank review updated?
Compare Judo Bank another way
Same panel, sliced by what borrowers actually search for.
Read before you decide
The traps the advertised rate doesn't show.