4-year fixed rate home loans

Looking to lock in your rate for the long term? Compare 4-year fixed rate loans from across the market.

Key takeaways

  • Use the table below to compare 4-year fixed rate loans from various lenders.
  • With 4-year fixed rate home loans your repayments stay exactly the same for the first 4 years of the loan.
  • 4-year fixed rates have higher rates than shorter fixed rate loans and are much higher than variable rate loans.

Compare 4-year fixed rate home loans

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1 - 20 of 23
Name Finder Score Interest Rate p.a. Comparison Rate p.a. Fees Monthly Payment
Up Home Loan logo
Principal & Interest 4Y Fixed10% min. depositOwner-occupierOffset account
Up Home Loan logo
Principal & Interest 4Y Fixed10% min. depositOwner-occupierOffset account
Product NameUp Home Loan Fixed Rate
Interest Rate Typefixed rate
Repayment Type Principal & Interest
Interest Rate p.a.5.80%
Comp. Rate p.a.5.93%
Minimum Loan Amount$50,000
Maximum Loan Amount $10,000,000
Maximum Loan Term30 years
Maximum LVR 90%
Loan Redraw FacilityYes
Offset AccountYes
Split Loan Facility
Fixed Interest OptionYes
Loan PortableNo
Extra Repayments Yes
Finder score
Interest Rate
5.80%
Comparison Rate
5.93%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$882
loans.com.au logo
Principal & Interest 4Y Fixed10% min. depositInvestment
loans.com.au logo
Principal & Interest 4Y Fixed10% min. depositInvestment
Product Nameloans.com.au Fixed
Interest Rate Typefixed rate
Repayment Type Principal & Interest
Interest Rate p.a.6.64%
Comp. Rate p.a.6.58%
Minimum Loan Amount$0
Maximum Loan Amount N/A
Maximum Loan Term
Maximum LVR 90%
Loan Redraw FacilityNo
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
6.64%
Comparison Rate
6.58%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$963
Westpac logo
Principal & Interest 4Y Fixed20% min. depositOwner-occupier
Westpac logo
Principal & Interest 4Y Fixed20% min. depositOwner-occupier
Product NameWestpac Fixed Option Home Loan Premier Advantage Package
Interest Rate TypeFixed rate
Repayment Type Principal & Interest
Interest Rate p.a.5.99%
Comp. Rate p.a.7.29%
Minimum Loan Amount$150,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Extra Repayments Yes - up to $30,000
Finder score
Interest Rate
5.99%
Comparison Rate
7.29%
Fees
Application: $0
Ongoing: $395 p.a.
Monthly Payment
$900
NAB logo
Principal & Interest 4Y Fixed20% min. depositOwner-occupier
NAB logo
Principal & Interest 4Y Fixed20% min. depositOwner-occupier
Product NameNAB Tailored Fixed Rate Home Loan
Interest Rate Typefixed rate
Repayment Type Principal & Interest
Interest Rate p.a.6.29%
Comp. Rate p.a.6.81%
Minimum Loan Amount$20,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityNo
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionNo
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
6.29%
Comparison Rate
6.81%
Fees
Application: $0
Ongoing: $8 per month
Monthly Payment
$929
Contact Broker

Speak to a broker about your options

Consultant
ING logo
Principal & Interest 4Y Fixed5% min. depositInvestment
ING logo
Principal & Interest 4Y Fixed5% min. depositInvestment
Product NameING Fixed Rate Home Loan
Interest Rate Typefixed rate
Repayment Type Principal & Interest
Interest Rate p.a.5.89%
Comp. Rate p.a.6.17%
Minimum Loan Amount$50,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 95%
Loan Redraw FacilityNo
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
5.89%
Comparison Rate
6.17%
Fees
Application: $499
Ongoing: $0 p.a.
Monthly Payment
$890
Contact Broker
Westpac logo
Principal & Interest 4Y Fixed20% min. depositOwner-occupier
Westpac logo
Principal & Interest 4Y Fixed20% min. depositOwner-occupier
Product NameWestpac Fixed Options Home Loan
Interest Rate TypeFixed rate
Repayment Type Principal & Interest
Interest Rate p.a.6.19%
Comp. Rate p.a.7.94%
Minimum Loan Amount$150,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Extra Repayments Yes - up to $30,000
Finder score
Interest Rate
6.19%
Comparison Rate
7.94%
Fees
Application: $600
Ongoing: $8 per month
Monthly Payment
$919
Beyond Bank logo
Principal & Interest 4Y Fixed20% min. depositOwner-occupier
Beyond Bank logo
Principal & Interest 4Y Fixed20% min. depositOwner-occupier
Product NameBeyond Bank Total Home Loan Package Fixed
Interest Rate TypeFixed rate
Repayment Type Principal & Interest
Interest Rate p.a.6.09%
Comp. Rate p.a.7.50%
Minimum Loan Amount$50,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionNo
Loan PortableNo
Extra Repayments Yes
Finder score
Interest Rate
6.09%
Comparison Rate
7.50%
Fees
Application: $0
Ongoing: $395 p.a.
Monthly Payment
$909
Contact Broker
Newcastle Permanent logo
Principal & Interest 4Y Fixed20% min. depositOwner-occupier
Newcastle Permanent logo
Principal & Interest 4Y Fixed20% min. depositOwner-occupier
Product NameNewcastle Permanent Premium Plus Package Fixed Rate
Interest Rate Typefixed rate
Repayment Type Principal & Interest
Interest Rate p.a.5.59%
Comp. Rate p.a.7.31%
Minimum Loan Amount$5,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionNo
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
5.59%
Comparison Rate
7.31%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$862
ANZ logo
Principal & Interest 4Y Fixed20% min. depositOwner-occupier
ANZ logo
Principal & Interest 4Y Fixed20% min. depositOwner-occupier
Product NameANZ Fixed Rate Home Loan
Interest Rate TypeFixed rate
Repayment Type Principal & Interest
Interest Rate p.a.5.89%
Comp. Rate p.a.6.75%
Minimum Loan Amount$20,000
Maximum Loan Amount $10,000,000
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityNo
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableNo
Extra Repayments Yes
Finder score
Interest Rate
5.89%
Comparison Rate
6.75%
Fees
Application: $0
Ongoing: $10 per month
Monthly Payment
$890
Greater Bank logo
Interest only 4Y Fixed10% min. depositInvestment
Greater Bank logo
Interest only 4Y Fixed10% min. depositInvestment
Product NameGreater Bank Great Rate Fixed Home Loan
Interest Rate Typefixed rate
Repayment Type Interest Only
Interest Rate p.a.5.89%
Comp. Rate p.a.7.37%
Minimum Loan Amount$150,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 90%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
5.89%
Comparison Rate
7.37%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$890
Tiimely Home logo
Principal & Interest 4Y Fixed10% min. depositOwner-occupierOffset account
Tiimely Home logo
Principal & Interest 4Y Fixed10% min. depositOwner-occupierOffset account
Product NameTiimely Home Own Fixed Rate Home Loan
Interest Rate Typefixed rate
Repayment Type Principal & Interest
Interest Rate p.a.6.14%
Comp. Rate p.a.6.19%
Minimum Loan Amount$50,000
Maximum Loan Amount $2,000,000
Maximum Loan Term30 years
Maximum LVR 90%
Loan Redraw FacilityYes
Offset AccountYes
Split Loan FacilityNo
Fixed Interest OptionYes
Loan PortableNo
Extra Repayments Yes
Finder score
Interest Rate
6.14%
Comparison Rate
6.19%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$914
Greater Bank logo
Principal & Interest 4Y Fixed10% min. depositInvestment
Greater Bank logo
Principal & Interest 4Y Fixed10% min. depositInvestment
Product NameGreater Bank Ultimate Fixed Home Loan
Interest Rate Typefixed rate
Repayment Type Principal & Interest
Interest Rate p.a.5.79%
Comp. Rate p.a.7.54%
Minimum Loan Amount$150,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 90%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
5.79%
Comparison Rate
7.54%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$881
Tiimely Home logo
Principal & Interest 4Y Fixed10% min. depositOwner-occupier
Tiimely Home logo
Principal & Interest 4Y Fixed10% min. depositOwner-occupier
Product NameTiimely Home Own Fixed Rate Home Loan
Interest Rate Typefixed rate
Repayment Type Principal & Interest
Interest Rate p.a.6.14%
Comp. Rate p.a.6.08%
Minimum Loan Amount$50,000
Maximum Loan Amount $2,000,000
Maximum Loan Term30 years
Maximum LVR 90%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityNo
Fixed Interest OptionYes
Loan PortableNo
Extra Repayments Yes
Finder score
Interest Rate
6.14%
Comparison Rate
6.08%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$914
Greater Bank logo
Principal & Interest 4Y Fixed10% min. depositOwner-occupier
Greater Bank logo
Principal & Interest 4Y Fixed10% min. depositOwner-occupier
Product NameGreater Bank Ultimate Fixed Home Loan
Interest Rate Typefixed rate
Repayment Type Principal & Interest
Interest Rate p.a.5.69%
Comp. Rate p.a.7.27%
Minimum Loan Amount$150,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 90%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
5.69%
Comparison Rate
7.27%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$871
Greater Bank logo
Principal & InterestInterest only 4Y Fixed10% min. depositOwner-occupier
Greater Bank logo
Principal & InterestInterest only 4Y Fixed10% min. depositOwner-occupier
Product NameGreater Bank Great Rate Fixed Home Loan
Interest Rate Typefixed rate
Repayment Type Principal & Interest Interest Only
Interest Rate p.a.5.69%
Comp. Rate p.a.7.06%
Minimum Loan Amount$250,000
Maximum Loan Amount $10,000,000
Maximum Loan Term30 years
Maximum LVR 90%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
5.69%
Comparison Rate
7.06%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$871
ING logo
Principal & Interest 4Y Fixed5% min. depositOwner-occupier
ING logo
Principal & Interest 4Y Fixed5% min. depositOwner-occupier
Product NameING Orange Advantage Fixed Home Loan
Interest Rate Typefixed rate
Repayment Type Principal & Interest
Interest Rate p.a.6.14%
Comp. Rate p.a.6.52%
Minimum Loan Amount$50,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 95%
Loan Redraw FacilityNo
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
6.14%
Comparison Rate
6.52%
Fees
Application: $0
Ongoing: $299 p.a.
Monthly Payment
$914
Contact Broker
Macquarie Bank logo
Principal & Interest 4Y Fixed20% min. depositOwner-occupierOffset account
Macquarie Bank logo
Principal & Interest 4Y Fixed20% min. depositOwner-occupierOffset account
Product NameMacquarie Bank Offset Home Loan Package Fixed Loan
Interest Rate Typefixed rate
Repayment Type Principal & Interest
Interest Rate p.a.5.79%
Comp. Rate p.a.6.30%
Minimum Loan Amount$150,000
Maximum Loan Amount $10,000,000
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityYes
Offset AccountYes
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableNo
Extra Repayments Yes
Finder score
Interest Rate
5.79%
Comparison Rate
6.30%
Fees
Application: $0
Ongoing: $248 p.a.
Monthly Payment
$881
Contact Broker
ING logo
Interest only 4Y Fixed5% min. depositInvestment
ING logo
Interest only 4Y Fixed5% min. depositInvestment
Product NameING Fixed Rate Home Loan
Interest Rate Typefixed rate
Repayment Type Interest Only
Interest Rate p.a.6.04%
Comp. Rate p.a.6.23%
Minimum Loan Amount$50,000
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 95%
Loan Redraw FacilityNo
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
6.04%
Comparison Rate
6.23%
Fees
Application: $499
Ongoing: $0 p.a.
Monthly Payment
$905
Contact Broker
Macquarie Bank logo
Principal & Interest 4Y Fixed20% min. depositOwner-occupier
Macquarie Bank logo
Principal & Interest 4Y Fixed20% min. depositOwner-occupier
Product NameMacquarie Bank Basic Fixed Home Loan
Interest Rate Typefixed rate
Repayment Type Principal & Interest
Interest Rate p.a.5.79%
Comp. Rate p.a.6.07%
Minimum Loan Amount$150,000
Maximum Loan Amount $10,000,000
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityNo
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableNo
Extra Repayments Yes
Finder score
Interest Rate
5.79%
Comparison Rate
6.07%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$881
Contact Broker
People's Choice Credit Union logo
Principal & Interest 4Y Fixed5% min. depositOwner-occupier
People's Choice Credit Union logo
Principal & Interest 4Y Fixed5% min. depositOwner-occupier
Product NamePeople's Choice Credit Union Home Loan Package Fixed
Interest Rate Typefixed rate
Repayment Type Principal & Interest
Interest Rate p.a.6.09%
Comp. Rate p.a.6.40%
Minimum Loan Amount$100,000
Maximum Loan Amount $2,000,000
Maximum Loan Term30 years
Maximum LVR 95%
Loan Redraw FacilityNo
Offset AccountNo
Split Loan FacilityYes
Fixed Interest OptionNo
Loan PortableNo
Extra Repayments Yes
Finder score
Interest Rate
6.09%
Comparison Rate
6.40%
Fees
Application: $0
Ongoing: $395 p.a.
Monthly Payment
$909
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What is Finder Score?

The Finder Score crunches 7,000 home loans across 120+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.

To provide a Score, we compare like-for-like loans. So if you're comparing the best home loans for cashback, you can see how each home loan stacks up against other home loans with the same borrower type, rate type and repayment type. We also take into consideration the amount of cashback offered when calculating the Score so you can tell if it's really worth it.

Read the full Finder Score breakdown

Why should I fix my home loan rate for 4 years?

Most Australians go for variable rate home loans. Borrowers who do fix, typically do so for 1-3 years.

Fixing your rate for 4 years means your interest rate will be higher (and thus more expensive). And if you want to refinance the loan or end it during the 4-year fixed period, you'll pay a hefty fixed rate break cost.

But there are some reasons people choose these loans:

  • Repayment certainty. Your repayments won't change for 4 years. This means you know exactly how much to budget for your mortgage repayments for quite a long time. For some people, that beats the savings that come with a lower interest rate.
  • Forget about rate rises. Borrowers on variable rate home loans know that their home loan rate could rise at any time. With fixed rate loans, you don't have to worry. For some borrowers, this peace of mind is worth getting a higher rate.
  • Fixing for the long term. Fixing your rate for 4 years appeals to a borrower who wants to "set and forget" their rate.

Why are 4-year fixed rate loans less popular?

There are a couple of downsides to fixing for a long time that put off many borrowers:

  • Higher rates. Rates for a 4-year home loan tend to be higher than most fixed rate loans. This makes your monthly repayments more expensive.
  • Higher break costs. If you exit a home loan early or need to refinance suddenly, you have to pay a break fee if you have a fixed rate loan. The fixed rate break cost is determined partly by your loan amount, your rate and how long is left on your fixed period. The longer you have left, the higher the cost will be.

How do 4-year fixed rate home loans work?

A 4-year fixed rate home loan is like any other home loan – you borrow money and repay it over the loan term. But for the first 4 years of the loan, your repayments will stay the same every month.

The revert rate

After the fixed period, your loan reverts to a variable rate loan. Variable interest rate home loans can change at any time as lenders respond to changes in money markets and the overall economy.

When your fixed rate ends, it's a good time to compare home loans and see if you can get a better deal on a new variable rate loan. You could also get a new fixed rate loan instead.

Other fixed rate periods

Most lenders offer fixed rates between 1 and 5 years. Learn more about different fixed periods with these guides:

Are 4-year fixed rates higher than variable rates?

Typically, interest rates for 4 year fixed rate loans are higher than variable rates. But at the moment, as lenders wait for interest rates to start falling, lenders have reduced their fixed rates.

The average owner occupier 4 year fixed rate for December 2024 is 6.44%.

The average owner occupier variable rate for December 2024 is 7.08%.

For a brief period in 2021, several lenders offered incredibly low rates for 4-year fixed rate loans. These products had rates under 2.00%.

If you'd fixed for 4 years at that point, you'd have one of the lowest rates on record until 2025. That's incredible, considering that variable rates have been hovering around 6%.

Is it too late to lock in a low 4-year fixed rate?

If you want a really low fixed rate, a 1- or 2-year rate will probably be lower than a 4-year rate now.

You can see the current difference between fixed and variable rates on our average interest rates guide.

How do I compare 4-year fixed rate home loans?

To make sure you get a great deal on a 4-year fixed rate loan, pay attention to the rate, the fees and the loan's features.

Focus on the following:

Interest rate

Get a lower rate

Even if fixed rates are higher than variable rates, it's important to compare multiple 4-year fixed rates to find a good deal. Why pay more interest for no reason?

Fees

Get a loan with low fees

Some home loans have lots of fees and others have none. A lower interest rate is more important, but the fewer the fees, the cheaper the loan will be.

Features

Loan features

Fixed rate loans have fewer features than variable rate loans, like 100% offset accounts or the ability to make extra repayments. But some do, so it's worth comparing.

More questions about fixing your home loan rate for 4 years

To make sure you get accurate and helpful information, this guide has been edited by David Gregory as part of our fact-checking process.
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Editor

Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206), a Tier 1 Generic Knowledge certification and a Tier 2 General Advice Deposit Products (RG 146) certification. See full bio

Richard's expertise
Richard has written 560 Finder guides across topics including:
  • Home loans
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  • Personal finance
  • Money-saving tips
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