February’s 10 cheapest fixed rate home loans

Posted: 7 February 2018 10:32 am

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Lock in a competitive rate to protect against future rises.

Details of the home loans featured on this page were correct for 5 February 2018. Check out all our cheapest loans here

The Reserve Bank may have kept the official cash rate on hold when it met yesterday, but there's a growing consensus that the next move will be upwards. If you're worried about the potential for rising rates, or just want some certainty around your home loan repayment, it could be time to consider a fixed rate mortgage.

We've scoured our database to put together February's 10 cheapest fixed rate home loans available through finder.com.au. To make sure the loans we chose are helpful to the average borrower, we applied a few criteria:

  • A minimum loan amount no greater than $250,000.
  • A maximum loan amount of $500,000 or higher
  • A three-year fixed interest rate

If you want the security that your home loan repayments won't rise in the near future, regardless of the path the RBA chooses, give the deals below a look.

LoanInterest rate
Newcastle Permanent Building Society Premium Plus Package3.74%
Greater Bank Ultimate Fixed Home Loan3.74%
Gateway Credit Union Premium Package Home Loan3.83%
Bank of Queensland Fixed Rate Home Loan3.87%
Heritage Bank Fixed Rate Home Loan3.89%
RACQ Bank Choices Package Fixed3.89%
ING Fixed Rate Home Loan3.89%
NAB Choice Package Fixed Rate Home Loan3.94%

Newcastle Permanent Building Society Premium Plus Package

Get a discounted fixed rate along with savings on car and personal loans and insurance products.

Greater Bank Ultimate Fixed Home Loan

This Greater Bank product delivers a sharp fixed rate as well as perks such as insurance discounts, a fee-free transaction account and access to a no-annual-fee credit card.

IMB Platinum Package Fixed Home Loan

IMB's package fixed rate waives application fees and offers discounts on a range of IMB products.

Gateway Credit Union Premium Package Home Loan

Gateway offers a competitive fixed rate, waived fees and special offers on other Gateway products.

Bank of Queensland Fixed Rate Home Loan

If you're looking for a basic home loan that keeps your repayments low, this Bank of Queensland product offers a sharp fixed rate and flexible repayment options.

Yellow Brick Road Empower Home Loan

Get a low fixed rate, no ongoing fees and the flexibility to make up to $10,000 per year in extra repayments.

Heritage Bank Fixed Rate Home Loan

This Heritage Bank fixed rate product is unique in allowing unlimited additional repayments without penalty. You can access these additional funds with the loan's redraw facility.

RACQ Bank Choices Package Fixed Home Loan

RACQ's package fixed rate home loan offers a no annual fee credit card, bonus interest on term deposits and fee waivers.

ING Fixed Rate Home Loan

Get a competitive fixed rate and no ongoing fees with this basic product from ING.

NAB Choice Package Fixed Rate Home Loan

Tailor your fixed rate home loan to suit your needs and receive special offers on NAB products such as credit cards, insurance and savings accounts.

*Our cheapest fixed rate home loans round-up is a monthly regular article that features the cheapest loans in finder's database. The rates and other information in this page are correct at the time of publication and are subject to change. There may be cheaper loans on the market than the ones listed here. The home loans in the table above were taken from finder.com.au's database on 5 February.

Want to compare more options? Check out all our cheapest home loans

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