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Australian Lender’s Standard Variable Interest Rates

Rates and fees last updated on

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 August 20th, 2017.

St.George Standard Variable Loan - Variable Rate (Owner Occupier, IO)

Comparison rate increases by 0.08% | Interest rate increases by 0.08%

December 16th, 2016

ME Basic Home Loan - LVR <=80% (Owner Occupier, P&I)

Interest rate decreased by 0.10%

January 4th, 2017

Bank of Queensland Standard Variable Rate Home Loan - Variable (Owner Occupier, P&I)

Comparative rate increases by 0.15% | Interest rate increases by 0.15%

January 6th, 2017

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Loan purpose
Offset account
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Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment
AMP Classic Variable Rate Loan - (Owner Occupier, P&I)
AMP Classic Variable Rate Loan - (Owner Occupier, P&I)
Enjoy a 100% offset account, redraw facility, and up to 10 splits.
 5.50% 5.67% $350 $10 monthly ($120 p.a.) 90% Enquire now More info
ANZ Standard Variable Home Loan - (Owner Occupier, P&I)
ANZ Standard Variable Home Loan - (Owner Occupier, P&I)
Make additional repayments and use your 100% offset to pay off your loan sooner.
 5.20% 5.30% $600 $5 monthly ($60 p.a.) 90% Enquire now 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.
 3.79% 3.98% $0 $15 monthly ($180 p.a.) 80% Enquire now More info
Bank of Queensland Standard Variable Rate Home Loan - Variable (Owner Occupier, P&I)
Bank of Queensland Standard Variable Rate Home Loan - Variable (Owner Occupier, P&I)
A no frills variable rate home loan with mortgage offset account.
 5.61% 5.77% $495 $10 monthly ($120 p.a.) 95% Enquire now More info
Citibank Standard Variable Loan - ≥ $500,000 LVR ≤ 80% (Owner Occupier, P&I)
Citibank Standard Variable Loan - ≥ $500,000 LVR ≤ 80% (Owner Occupier, P&I)
A no-frills home loan that offers only the features you need.
 5.67% 5.81% $399 $8 monthly ($96 p.a.) 80% Enquire now More info
Commonwealth Bank Standard Variable Home Loan - Owner Occupier (P&I)
Commonwealth Bank Standard Variable Home Loan - Owner Occupier (P&I)
Standard variable home loan with a low doc option for self-employed borrowers.
 5.22% 5.36% $600 $8 monthly ($96 p.a.) 80% Enquire now More info
Homestar Finance Variable Rate Home Loan - (Owner Occupier, P&I)
Homestar Finance Variable Rate Home Loan - (Owner Occupier, P&I)
 3.49% 3.53% $0 $0 p.a. 80% 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 Mortgage Simplifier Home Loan - $150,000+ (LVR <= 80% Owner Occupier, IO)
ING Mortgage Simplifier Home Loan - $150,000+ (LVR <= 80% Owner Occupier, IO)
Pay the one-off 'Smart Pack' fee and receive a discount for the life of the loan.
 4.29% 4.31% $0 $0 p.a. 80% Enquire now More info
ME Basic Home Loan - LVR <=80% (Owner Occupier, P&I)
ME Basic Home Loan - LVR <=80% (Owner Occupier, P&I)
A low variable rate loan with no application or ongoing fees.
4.09% 4.11% $0 $0 p.a. 80% Go to site More info
MyRate Classic Prime Jumbo - Term Loan
MyRate Classic Prime Jumbo - Term Loan
 3.90% 3.90% $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. 350K NAB Rewards Points offer available. Terms and conditions apply.
 5.24% 5.37% $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% Enquire now 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.
 5.81% 5.97% $600 $10 monthly ($120 p.a.) 95% Enquire now 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% Enquire now 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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Bank Australia Basic Home Loan - Variable (Owner Occupier)

A competitive variable rate that allows borrowers to borrow a minimum of $100,000 with a $0 ongoing fee.

More info
NAB Choice Package Home Loan - 2 Year Fixed (Owner Occupier P&I)

A fixed rate package with flexible repayment options. 350K NAB Rewards Points offer available. Terms and conditions apply.

More info
Greater Bank Ultimate Home Loan - Discounted 1 Year Fixed LVR ≤85% ($150K+ Owner Occupier)

Discount off an already competitive interest rate for loans over $150k. NSW, QLD and ACT residents only.

More info
IMB Budget Home Loan - LVR <=90% (Owner Occupier)

Get a competitive rate without features you may not use.

More info

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