Home loan comparison

Compare home loan rates and find a better deal

Live rates from Australian lenders, matched to your loan size, LVR and loan type. Free, no credit check, and you can talk to a real person when you’re ready.

  • 6.18%lowest variable rate today*
  • 60 secto compare
  • $0cost to you

Find your rate

I’m borrowing for
Repayment type

LVR 75%

Your best matches will appear here

We search live rates from major Australian lenders for your exact loan size, LVR and loan type.

  • Free, no credit check
  • Rates updated daily
  • Talk to a real person when you’re ready

Today’s lowest home loan rates

Lowest variable rates for common loan scenarios · updated 12 Nov 2026

Owner occupied · P&I

$600,000 loan · 60% LVR

  1. ANZP&I Variable Home Loan
    6.18%
  2. ANZP&I Variable Home Loan
    6.20%
  3. WestpacP&I Variable Home Loan
    6.22%

Owner occupied · P&I · 80% LVR

$640,000 loan · 80% LVR

  1. ANZP&I Variable Home Loan
    6.24%
  2. ANZP&I Variable Home Loan
    6.25%
  3. WestpacP&I Variable Home Loan
    6.30%

Investment · P&I

$600,000 loan · 60% LVR

  1. Bank of MelbourneP&I Variable Investment
    6.33%
  2. WestpacP&I Variable Investment
    6.33%
  3. WestpacP&I Variable Investment
    6.37%

Investment · Interest only

$700,000 loan · 70% LVR

  1. ANZInterest Only Investment Variable
    6.42%
  2. ANZInterest Only Investment Variable
    6.44%
  3. ANZInterest Only Investment Variable
    6.48%

How it works

1

Tell us your scenario

Property value, loan amount and whether it’s a home or an investment.

2

Compare live rates

See the lowest matching rates and your estimated repayments and savings.

3

Enquire in one click

We’ll get back to you within one business day to help you take the next step.

Home loan repayment calculator

See how your rate, loan size and term change your repayments.

Monthly repayment
$3,597
Fortnightly
$1,660
Total interest
$695,029
Total repaid
$1,295,029
Find a lower rate

Home loan guides

What is an LVR?

Your loan-to-value ratio (LVR) is your loan amount divided by the property’s value. Borrowing $600,000 against an $800,000 property is a 75% LVR. Lenders usually offer their sharpest rates below 60–80% LVR, and borrowing above 80% generally means paying lenders mortgage insurance (LMI).

Variable or fixed — which is better?

A variable rate moves with the market and usually allows unlimited extra repayments, an offset account and redraw. A fixed rate locks your repayments for 1–5 years, giving certainty, but often limits extra repayments and can carry break costs if you refinance early. Many borrowers split their loan between the two.

What’s the difference between interest rate and comparison rate?

The interest rate is what you’re charged on the balance. The comparison rate rolls in most upfront and ongoing fees to show the true cost, calculated on a $150,000 loan over 25 years. Always check the comparison rate with the lender before you apply.

Principal & interest vs interest only

Principal & interest (P&I) repayments pay down your loan over time. Interest only (IO) repayments are lower for a set period (usually up to 5 years for investors) but you don’t reduce the debt, and IO rates are typically higher.

How much could I save by refinancing?

On a $600,000 loan over 30 years, cutting your rate by 0.50% saves roughly $190 a month — over $2,000 a year. Enter your current rate in the comparison tool above to see your own estimate, then factor in discharge and application fees.

Does using this site affect my credit score?

No. Comparing rates here doesn’t involve a credit check. A credit enquiry is only made if you later choose to apply for a loan with a lender.

Prefer to talk it through?

Buying, refinancing or investing — tell us what you’re after and we’ll be in touch.

Or email us at info@homeloaninfo.au

*Lowest variable interest rate across the scenarios above. Not a comparison rate.