Independent leaderboardRates as at 28 Oct 2026
Australia's best home loan rates
RatesBoard tracks 195 home loan products from 31 lenders, ranked by advertised rate.
Since the 29 Sept 2026 RBA decision, 30 of the 31 lenders we track have changed a variable rate in their published data. Lenders can announce a change before it takes effect; the tracker shows it once it appears in their published data. See which lenders and when
Rate of the day
6.09%Rate p.a.
6.10%Comparison rate
Greater BankOwner-occupier · Variable · P&I
Monthly repaymentson $700,000 · 30 yrs · P&I
$4,237| Lender | Rate Move | Type | Features | Lender link | |
|---|---|---|---|---|---|
Greater BankBestGreat Rate Home Loan (incl. discounted rate) - variable, owner-occupier, P&I | 6.09% | +0.25% | Variable | - | link |
Bank of ChinaDiscount Home Loan - owner-occupier, P&I | 6.18% | +0.25% | Variable | - | link |
Teachers Mutual BankYour Way Home Loan - owner-occupier, P&I | 6.19% | +0.25% | Variable | - | link |
UpUp Home Variable Rate Loan | 6.20% | +0.25% | Variable | Up to 50 free offsetsunlimited extra repaysfree redraw | link |
WestpacBig 51Flexi First Option Home Loan | 6.24% | +0.25% | Variable | Unlimited extra repaysredraw | link |
Heritage2Discount Variable Home Loan | 6.24% | +0.25% | Variable | Redrawextra repays | link |
People First BankBasic Variable Home Loan - owner-occupier, P&I, <=70% LVR | 6.24% | 0% | Variable | - | link |
ME BankEconoME Home Loan | 6.24% | +0.25% | Variable | - | link |
AMP BankAMP Essential Home Loan - owner-occupier, P&I | 6.24% | +0.25% | Variable | - | link |
Bank of Sydney21BOS Basic Home Loan - owner-occupier, P&I | 6.24% | +0.15% | Variable | - | link |