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Australian Lender’s Standard Variable Interest Rates

Rates and Fees verified correct on September 28th, 2016

Information about Australian lender's standard variable interest rates

The following table shows the current standard variable interest rates for the major Australian lenders.

This page is kept up to date when a lender adjusts their standard variable rate of interest. Check this page for information on whether a lender has moved their standard variable rate in line with the market.

Compare Lender's Standard Variable Rates

Rates last updated September 28th, 2016
$
Loan purpose
Offset account
Loan type
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Product nameInterest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment
AMP Classic Variable Rate Loan - Owner Occupier
AMP Classic Variable Rate Loan - Owner Occupier
Enjoy a 100% offset account, redraw facility, and up to 10 splits.
 5.43% 5.61% $350 $10 monthly ($120 p.a.) 90% More info
ANZ Standard Variable Home Loan - Variable
ANZ Standard Variable Home Loan - Variable
Make additional repayments and use your 100% offset to pay off your loan sooner.
 5.25% 5.35% $600 $5 monthly ($60 p.a.) 90% More info
Aussie Select Standard Variable - <$500k (LVR <= 80%) (Owner Occupier)
Aussie Select Standard Variable - <$500k (LVR <= 80%) (Owner Occupier)
Borrow up to 95% LVR with no application fee and low ongoing fee.
 3.95% 4.14% $0 $180 p.a. 95% More info
Bank of Queensland Standard Variable Rate Home Loan - Variable (Owner Occupier)
Bank of Queensland Standard Variable Rate Home Loan - Variable (Owner Occupier)
A no frills variable rate home loan with mortgage offset account.
 5.46% 5.62% $495 $10 monthly ($120 p.a.) 95% More info
Bankwest Mortgage Shredder Home Loan - Owner Occupier
Bankwest Mortgage Shredder Home Loan - Owner Occupier
Enjoy 100% offset account with no annual fee.
 5.35% 5.50% $695 $0 p.a. 95% More info
Citibank Standard Variable Loan - ≥ $500,000 LVR ≤ 80% Owner Occupier
Citibank Standard Variable Loan - ≥ $500,000 LVR ≤ 80% Owner Occupier
A no-frills home loan that offers only the features you need.
 5.58% 5.72% $399 $8 monthly ($96 p.a.) 80% More info
Commonwealth Bank Standard Variable Home Loan - Owner Occupier
Commonwealth Bank Standard Variable Home Loan - Owner Occupier
Standard variable home loan with a low doc option for self-employed borrowers.
 5.22% 5.37% $600 $8 monthly ($96 p.a.) 80% More info
CUA Standard Variable Home Loan - Owner Occupier
CUA Standard Variable Home Loan - Owner Occupier
A flexible home loan with a competitive interest rate.
 4.69% 4.74% $600 $0 p.a. 95% More info
Homestar Finance Variable Rate Home Loan - Owner Occupier
Homestar Finance Variable Rate Home Loan - Owner Occupier
 3.48% 3.53% $495 $0 p.a. 95% More info
HSBC Variable Home Loan - Owner Occupier
HSBC Variable Home Loan - Owner Occupier
Enjoy a low interest rate and flexible features such as redraw and offset facility.
 5.23% 5.29% $600 $0 p.a. 90% More info
ING DIRECT Mortgage Simplifier Home Loan - $150,000+ (LVR <= 80% Owner Occupier)
ING DIRECT Mortgage Simplifier Home Loan - $150,000+ (LVR <= 80% Owner Occupier)
Pay the one-off 'Smart Pack' fee and receive a discount for the life of the loan.
 3.89% 3.91% $0 $0 p.a. 80% More info
ME Bank Basic Home Loan - LVR <=80% Owner Occupier
ME Bank Basic Home Loan - LVR <=80% Owner Occupier
A low variable rate loan with no application or ongoing fees.
3.99% 4.01% $0 $0 p.a. 80% Go to site More info
MyRate Classic Prime Jumbo - Term Loan
MyRate Classic Prime Jumbo - Term Loan
 4.07% 4.07% $0 $0 p.a. 80% More info
NAB Tailored Home Loan - Owner Occupier (P&I)
NAB Tailored Home Loan - Owner Occupier (P&I)
You can link your home loan to a 100% offset to help reduce the interest rate on the loan. 250,000 Velocity Frequent Flyer point offer, conditions apply.
 5.25% 5.38% $600 $8 monthly ($96 p.a.) 95% Go to site More info
RAMS Full Feature Home Loan
RAMS Full Feature Home Loan
No ongoing fees, unlimited extra repayments and a 100% offset account all help to pay off a home loan sooner.
 $595 $0 p.a. 95% More info
St.George Standard Variable Loan - Variable Rate (Owner Occupier, IO)
St.George Standard Variable Loan - Variable Rate (Owner Occupier, IO)
A no frills home loan with a 100% offset account and high maximum LVR.
 5.34% 5.51% $600 $10 monthly ($120 p.a.) 95% More info
UBank UHomeLoan Variable Rate - Standard Variable Rate (Owner Occupier P&I)
UBank UHomeLoan Variable Rate - Standard Variable Rate (Owner Occupier P&I)
A standard variable rate with the ability to make extra repayments.
 4.07% 4.00% $0 $0 p.a. 80% Go to site More info
Westpac Rocket Repay Home Loan
Westpac Rocket Repay Home Loan
An option to link a 100% offset account to save on interest.
 $600 $8 monthly ($96 p.a.) 95% More info

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A passionate publisher who loves to tell a story. Learning and teaching personal finance is his main lot at finder.com.au. Talk to him to find out more about home loans.

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Home Loan Offers

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UBank UHomeLoan Variable Rate - Standard Variable Rate Value Offer (Owner Occupier P&I)

Pay no application fee or ongoing fees with this loan.

More info
ME Bank Basic Home Loan - LVR <=80% Owner Occupier

A low variable rate loan with no application or ongoing fees.

More info
CUA Fresh Start Basic Variable Home Loan - Owner Occupier

A basic mortgage available only to customers who switch their everyday banking to CUA.

More info
NAB Choice Package Home Loan - 3 Year Fixed (Owner Occupier)

Receive discounts on interest rates with the Choice Package. 250,000 Velocity Frequent Flyer point offer, conditions apply.

More info

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