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With home loan rates at their lowest, now's a great time to switch.

Home loan rates are among the lowest they've ever been. By switching to a lower rate, you could save tens of thousands over the life of your loan.* If you're thinking about refinancing, now's a great time to get started.

Why compare home loans on Finder?

📞 We won't hassle you
Unlike other comparison sites, we won’t ask for your details before we let you compare, and we don’t have a call centre, so we’ll never call you.
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We work with many lenders including large banks, mortgage brokers and smaller credit unions so you can save time by comparing side by side.
💰 More money in your pocket

Australian home owners could save up to $2,200 (each YEAR!) on average, by refinancing their home loan. How much could you save?

St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)

2.49 % p.a.

variable rate

2.51 % p.a.

comparison rate

St. George Home Loan Offer

The St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I) is a low variable rate loan.

Up to $4,000 refinance cashback.

A competitive variable rate loan from St.George. Refinancers borrowing $250,000 or more can get up $4,000 cashback for their first application (Other terms, conditions and exclusions apply).

  • Interest rate of 2.49% p.a.
  • Comparison rate of 2.51% p.a.
  • Application fee of $0
  • Maximum LVR: 80%
  • Minimum borrowing: $150,000
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We compare a range of home loans from the large banks, mortgage brokers and smaller credit unions.

Start your search for the best home loan rates

Even the smallest difference in interest rates can make a big difference to how much you end up paying for your home in the long run. To see how much you'll pay, just pop in how much you want to borrow and how long you want your loan to be. Once you've chosen a loan, click the green button to get started.
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years
Name Product Interest Rate (p.a.) Comp. Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment
St.George Basic Home Loan
2.49%
2.51% p.a.
$0
$0 p.a.
80%
$593.01
Up to $4,000 refinance cashback
Get this low-rate variable loan with a 20% deposit and pay $0 application fee. Borrow from $150k (or $250k to be eligible for the cashback offer) (terms, conditions & exclusions apply).
Suncorp Back to Basics Home Loan
2.44%
2.45% p.a.
$0
$0 p.a.
80%
$589.12
A competitive variable interest rate loan with low fees. The establishment fee is waived if you borrow $150,000 or more.
HSBC Home Value Loan
2.19%
2.20% p.a.
$0
$0 p.a.
70%
$569.91
$3,288 refinance cashback offer
This competitive variable rate loan is available for borrowers with 30% deposits. Eligible refinancers borrowing $250,000 or more can get a $3,288 cashback. Terms and conditions apply.
Athena Variable Home  Loan
1.99%
1.99% p.a.
$0
$0 p.a.
60%
$554.81
Owner occupiers with 40% deposits or equity can get this competitive variable rate loan. No upfront or ongoing fees.
ME Flexible Home Loan Fixed with Members Package
1.99%
3.33% p.a.
$0
$395 p.a.
80%
$554.81
Lock in a competitive rate for owner occupiers for two years. Comes with a 100% offset account.
homeloans.com.au Low Rate Home Loan with Offset
2.14%
2.16% p.a.
$0
$0 p.a.
60%
$566.11
A competitive rate with no application or ongoing fees. This loan is not available for construction.
Virgin Money Reward Me Variable Home Loan
2.5%
2.67% p.a.
$300
$10 monthly ($120 p.a.)
60%
$593.79
A variable rate loan for owner occupiers with a 40% deposit (or equity).
Well Home Loans Balanced Variable
2.17%
2.20% p.a.
$250
$0 p.a.
80%
$568.39
A very low interest rate for home buyers with 20% deposits saved. Add an offset account for a small fee.
IMB Budget Home Loan
2.68%
2.74% p.a.
$449
$0 p.a.
95%
$607.92
NSW and ACT customers only. You can get an interest rate discount for a limited time with this competitive variable mortgage.
Virgin Money Reward Me Fixed Rate Home Loan
1.98%
2.66% p.a.
$300
$10 monthly ($120 p.a.)
80%
$554.06
$3,000 refinance cashback.
Buy your home and lock in a low rate for the first two years. Get a $3,000 cashback when you switch to Virgin Money with a loan amount of $300,000 or more with an LVR up to 80%. You must apply by 29 August 2021 and settle by 26 November 2021.
IMB Budget Home Loan
2.58%
2.64% p.a.
$449
$0 p.a.
80%
$600.05
A competitive variable rate for borrowers with 20% deposits saved. Available for NSW and ACT borrowers only.
Athena Variable Home  Loan
2.09%
2.02% p.a.
$0
$0 p.a.
70%
$562.33
A low variable rate for owner occupiers with 30% deposits. No upfront or ongoing fees.
ME Flexible Home Loan Fixed with Members Package
2.09%
3.27% p.a.
$0
$395 p.a.
80%
$562.33
Get a low 3 year fixed rate with a 100% offset account and package discounts.
homeloans.com.au Low Rate Home Loan with Offset
2.24%
2.26% p.a.
$0
$0 p.a.
90%
$573.72
This loan offers a competitive variable rate and a 100% offset account to help save you on interest repayments. This loan is not available for construction.
ME Flexible Home Loan Fixed
2.14%
3.95% p.a.
$0
$0 p.a.
80%
$566.11
Get a low fixed rate and pay no application or ongoing fees.
Heritage Bank Discount Variable Home Loan
2.59%
2.64% p.a.
$600
$0 p.a.
80%
$600.83
Family guarantee option available. Enjoy flexible repayments and a low minimum loan amount.
HSBC Home Value Loan
2.54%
2.55% p.a.
$0
$0 p.a.
90%
$596.91
A competitive value home loan with no ongoing fee.
Heritage Bank Fixed Rate Home Loan
2.19%
4.23% p.a.
$600
$8 monthly ($96 p.a.)
95%
$569.91
Get a fixed rate for two years and borrow up to 95%.
Bank of Melbourne Basic Home Loan
3.14%
3.16% p.a.
$500 (waived for loans above $150,000)
$0 p.a.
80%
$644.87
Newcastle Permanent Building Society  Premium Plus Package Fixed Rate
2.19%
3.72% p.a.
$0
$395 p.a.
95%
$569.91
$2,000 refinance cashback
Enjoy a discounted fixed rate and the ability to package the loan with other financial products. $2,000 cashback for eligible refinancers borrowing $250,000 or more.
UBank UHomeLoan Fixed
1.85%
2.24% p.a.
$0
$0 p.a.
80%
$544.38
A competitive fixed rate loan with no ongoing fees. Requires a 20% deposit.
BankSA Basic Home Loan
2.49%
2.51% p.a.
$0
$0 p.a.
80%
$593.01
Up to $4,000 refinance cashback
A competitive variable rate loan from BankSA. Refinancers borrowing $200,000 or more can get up to $4,000 cashback (Other terms, conditions and exclusions apply).
UBank UHomeLoan Fixed
1.75%
2.31% p.a.
$0
$0 p.a.
80%
$537
Limited time offer.
Fix your mortgage for 1 year with a very competitive rate and no ongoing fees. Apply by 30 June 2021 and settle within 90 days to get this low rate.
Newcastle Permanent Building Society Fixed Rate Home Loan
2.29%
3.94% p.a.
$0
$0 p.a.
95%
$577.55
$2,000 refinance cashback
Borrow up to 95% LVR of the value of the property you're buying and pay no ongoing fees. $2,000 cashback for eligible refinancers borrowing $250,000 or more.
UBank UHomeLoan Fixed
1.99%
2.70% p.a.
$0
$0 p.a.
80%
$554.81
Limited time offer.
Investors can enjoy flexible repayments and an easy application process with this pioneering online lender. Apply by 30 June 2021 and settle within 90 days to get this low rate.
IMB Fixed Rate Home Loan
1.89%
2.87% p.a.
$449
$6 monthly ($72 p.a.)
95%
$547.35
NSW and ACT customers only. Lock in a low fixed rate for two years. Available with a 5% deposit.
ME Flexible Home Loan With Member Package
2.59%
3.05% p.a.
$0
$395 p.a.
80%
$600.83
$2,000 cashback offer
A competitive variable rate package home loan with a 100% offset account. Eligible refinancers can get a $2,000 cashback.
UBank UHomeLoan Variable Rate
2.74%
2.74% p.a.
$0
$0 p.a.
80%
$612.67
Get a discounted, low-fee investor loan from a convenient online lender. 20% deposit required.
ME Basic Home Loan
2.58%
2.60% p.a.
$0
$0 p.a.
80%
$600.05
This variable rate loan keeps the features simple and fees low. This loan is offered by a 100% online lender.
Newcastle Permanent Building Society Real Deal Home Loan
2.59%
2.63% p.a.
$595
$0 p.a.
80%
$600.83
$2,000 refinance cashback
$2,000 cashback for eligible refinancers borrowing $250,000 or more.
Heritage Bank Advantage Package Fixed
2.39%
3.15% p.a.
$0
$350 p.a.
95%
$585.25
Get a partial offset account and flexible repayments with this package loan.
UBank UHomeLoan Fixed
2.14%
2.35% p.a.
$0
$0 p.a.
80%
$566.11
A one year fixed rate offer with no ongoing bank fees.
IMB Fixed Rate Home Loan
1.97%
2.81% p.a.
$449
$6 monthly ($72 p.a.)
95%
$553.31
NSW and ACT customers only. 3 years fixed interest terms and free access to redraw facility online. Available with a 10% deposit.
UBank UHomeLoan Fixed
2.09%
2.71% p.a.
$0
$0 p.a.
80%
$562.33
Limited time offer.
Investors can enjoy flexible repayments and an easy application process with this pioneering online lender. Apply by 30 June 2021 and settle within 90 days to get this low rate.
Newcastle Permanent Building Society Premium Plus Package Home Loan
2.94%
3.34% p.a.
$0
$395 p.a.
80%
$628.65
$2,000 refinance cashback
New borrowers or refinancers can get a discounted rate with this package loan. $2,000 cashback for eligible refinancers borrowing $250,000 or more.
IMB Fixed Rate Home Loan
2.35%
3.33% p.a.
$449
$6 monthly ($72 p.a.)
90%
$582.16
NSW and ACT customers only. A 3 years fixed rate investor which allows extra repayments to be made.
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How do I find the best home loan?

There are 3 main areas you need to look at when shopping around for a home loan: rates, fees and features.
1. Rates: the lower, the better
The lower the interest rate, the lower your payments and the more you save in the long run.
2. Fees: even the smallest fees can add up
Look for upfront fees like application, valuation and settlement fees, as well as ongoing monthly or annual fees.
3. Features: offer flexibility and savings
Offset accounts help you reduce the interest you pay, while redraw facilities let you access any extra repayments you’ve made. Not sure which features you need? Talk to a mortgage broker, obligation-free.

What are the benefits of home loan refinancing?

Refinancing to a lower interest rate will lower your monthly mortgage repayments. And even a small decrease in monthly repayments can add up to thousands of dollars over the length of a 30-year mortgage.
*Here's an example using a $400,000 mortgage with a 30-year loan term. In this scenario, the borrower has a rate of 3.30% and then refinances to a 2.80% rate 2 years into their mortgage.
Rather than switch to a new 30-year term the borrower chooses a 28-year term. They've repaid only a small amount of their loan in 2 years, so the new mortgage loan amount is $383,851.
DetailsOriginal loanNew loan
Loan amount$400,000$383,851
Loan term30 years28 years
Interest rate3.30%2.80%
Monthly repayments$1,751$1,649
Savings (monthly)N/A$102
Savings (yearly)N/A$1,224
Savings (28 years)N/A$34,272
The point at which you refinance affects your savings. If you refinance after 10 years in the example above you'd save less than if you refinanced after 2 years. With mortgages, time is money.
The savings figures above do not take into account any costs associated with refinancing such as government fees, upfront fees charged by the new lender, discharge fees or break costs charged by the current lender. Read our guide on the potential costs associated with refinancing here.
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