Top fixed rate mortgages*

Little known ways to find a great fixed rate mortgage.

Fixedmortgages

Fixed rate home loans provide certainty in what can be a fast changing home loan market. The benefits are simple: you’ll enjoy an interest rate which doesn’t change for a number of years, and because of this your repayments won’t change either. This allows you to create an accurate budget, and not worry about your home loan changing during your fixed term.

If you’re already sold on the idea, there’s still the challenge of finding the right fixed rate mortgage for you.

Finding the top fixed rate mortgage is difficult as everyone is different. We’ve included some fixed rate home loans which we feel are good choices to add to anyone’s comparison, but you should compare and find out what fixed rate home loans might suit you.

Fixed rate mortgage comparison

Here are some fixed rate home loans you might want to consider adding to your comparison.

Compare today's fixed rate home loans below

Rates last updated May 22nd, 2018
$
Loan purpose
Offset account
Loan type
Your filter criteria do not match any product
Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
3.59%
4.14%
$395
$0 p.a.
80%
A one year fixed rate offer with no ongoing bank fees.
3.99%
5.17%
$600
$0 p.a.
90%
Competitive rates for fixed for 3 years with redraw facility.
3.74%
4.01%
$395
$0 p.a.
80%
An online home loan offer with a fixed interest offer for 3 years.
3.69%
4.86%
$0
$395 p.a.
90%
Start your home buying journey with 2 years of fixed repayments and a reasonable rate from a big 4 bank. Available with a 10% deposit.
3.84%
4.17%
$0
$395 p.a.
80%
Lock in a competitive rate for owner occupiers for two years. Extra repayments up to $30,000 over the life of the fixed period can be made.
3.99%
4.62%
$395
$0 p.a.
80%
Investors can enjoy flexible repayments and an easy application process with this pioneering online lender.
3.69%
4.62%
$0
$395 p.a.
90%
Enjoy a discounted fixed rate and the ability to package the loan with other financial products.
3.90%
4.78%
$600
$0 p.a.
95%
A competitive fixed rate mortgage with split facilities and extra repayments. You can get this loan with a 5% deposit.
3.49%
4.49%
$0
$395 p.a.
90%
Loans over $150k get a discount off an already low fixed rate. Available for NSW, Qld and ACT residents only.
3.69%
4.04%
$0
$350 p.a.
95%
A competitive rate with no application fee.
3.69%
4.47%
$0
$395 p.a.
90%
A fixed rate loan with a 100% offset account and the option to make additional repayments. Loans over $150k receive a discounted rate. NSW, QLD and ACT residents only.
3.99%
4.86%
$0
$0 p.a.
80%
Access a fee-free 100% offset account and pay no application or ongoing fees.
3.74%
4.44%
$0
$395 p.a.
90%
Enjoy discounts on banking products and insurance with this package loan. NSW, QLD and ACT residents only.
3.74%
4.58%
$0
$395 p.a.
90%
A two year fixed rate home loan with application fees.
3.88%
4.89%
$0
$395 p.a.
95%
Low deposit home loan. Enjoy flexible repayment options while paying limited fees.
3.85%
4.05%
$0
$350 p.a.
95%
This high LVR fixed rate loan allows you to borrow up to 95% of the value of the property you're buying.
3.79%
4.97%
$0
$0 p.a.
90%
Investors can take advantage of a short term fixed rate with no application or ongoing fees.
4.14%
4.81%
$0
$0 p.a.
80%
Pay no application fees and access a fee-free redraw facility with this fixed rate loan.
4.59%
5.01%
$0
$395 p.a.
95%
A competitive fixed rate loan with flexible features. Available with a 5% deposit.
3.69%
4.30%
$0
$375 p.a.
90%
A discounted 1 year fixed rate if your loan has an LVR under 80% and is more than $150k. NSW, QLD and ACT residents only.
3.87%
3.87%
$0
$10 monthly ($120 p.a.)
90%
Get Virgin Velocity Points at settlement, monthly and every three years, plus the option to make up to $10,000 a year in extra repayments.
4.33%
4.14%
$350
$0 p.a.
90%
4.09%
3.79%
$0
$0 p.a.
70%
A competitive 3-year fixed rate loan with a high max insured LVR.
4.49%
4.20%
$350
$0 p.a.
90%
Fixed rate loan with a 100% offset account and a 10% deposit option.
4.19%
3.90%
$0
$0 p.a.
80%
3.89%
4.88%
$0
$395 p.a.
95%
Refinance from your existing loan and get a $1,250 rebate. Terms and conditions apply. Plus get discounts on a range of Westpac products.
3.89%
4.94%
$0
$395 p.a.
95%
Fix your rate for 2 years and know your repayments giving you ease in budgeting.
3.99%
3.84%
$0
$0 p.a.
95%
A two year fixed rate home loan with no annual or application fees.
3.99%
4.96%
$0
$395 p.a.
95%
This 2 year fixed ANZ Breakfree Package rate comes with package discount and product bundle. Terms and conditions, package fee and fees, charges & eligibility criteria apply.
3.89%
4.97%
$0
$395 p.a.
95%
Get discounts on a range of Commonwealth Bank products and enjoy the option of fee-free extra repayments during the fixed term.
3.89%
4.96%
$0
$395 p.a.
95%
Refinancers can get $1,500 cashback. Conditions apply. Package your home loan with a Qantas rewards earning Amplify credit card.
4.14%
5.06%
$600
$10 monthly ($120 p.a.)
95%
Get a 2-year fixed rate with flexible repayment options to help you save.
3.79%
4.99%
$600
$8 monthly ($96 p.a.)
95%
Get a partial offset account and the option to make interest-only repayments.

Compare up to 4 providers


What is a top fixed rate mortgage?

Simply put, this is a fixed home loan which excels in one or many areas. It might have a competitive rate, allow a large amount of extra repayments to be made every year, have low fees, or offer a 100% offset - or combine these benefits.

Because everyone is different, what you consider to be the top fixed rate home loan will depend on a range of factors, including:

  • How much you plan to put towards your loan - if you won’t be putting any extra funds towards your loan there’s no point looking for a loan which allows a large amount of additional repayments to be made each year.
  • How long you plan to keep your property for - If you plan to move in three years there’s no use getting a four year fixed rate mortgage.
  • What features you use - If you enjoy using a 100% offset account it stands to reason that the top fixed rate home loan for you will include this feature.
  • What are your fees now - If you have a home loan with low fees already, you’ll want to try to find another home loan with low fees. A home loan with high fees might not be too bad if you net savings off of the features and rates it has.

How to compare top fixed rate mortgages

There are three main areas where you’ll want to focus when comparing fixed rate home loans. These include:

  • The interest rate. Compare not just the advertised rate, but also the comparison rate, which takes into account more fees than the regular rate does. Use our RBA cash rate page to get an idea of where rates are heading in the short term, and speak to a mortgage broker or financial planner to get a better idea of where they might be heading over the course of the fixed term you’re interested in.
  • Fees. Fees should always be present in your comparison. Compare the upfront fees, as well as any fees for ongoing features. A home loan with higher fees might shouldn’t necessarily be omitted from your comparison if it provides the right mix of rates, feature and access.
  • Features. As mentioned above, make a list of the features you’d like in your home loan, and then search for these when carrying out a comparison. Fixed rate home loans aren’t as flexible as variable home loans in the features department, but some can come with 100% offset accounts and the ability to make additional repayments up to $30,000 a year and access to redraw facilities. If you don’t want to miss out on the advertised rate in the time it takes for your lender to approve your home loan you might be interested in a rate lock, which locks in the advertised rate usually for 60 days.

Finding a great fixed rate home loan is different for everyone. By comparing the different fees, features and rates offered on the loans above, you might be able to find a loan which suits you, your income and your lifestyle.

If comparing these loans is too confusing or time consuming, you can always get into contact with an experienced mortgage broker. They can help by sorting through relevant loans and helping you to select the best one.

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Home Loan Offers

Important Information*
NAB Choice Package Home Loan - 2 Year Fixed (Owner Occupier P&I) First Home Buyer Special

Start your home buying journey with 2 years of fixed repayments and a reasonable rate from a big 4 bank. Available with a 10% deposit.

UBank UHomeLoan Variable Rate - Discount Offer for Owner Occupied Variable P&I Rate — borrowing $700,000 or more

Pay no application or ongoing fees and get access to a redraw facility and flexible repayment schedule. Refinance to a UBank loan and you could get $1,000 in your USaver account (offer conditions apply).

Greater Bank Ultimate Home Loan - Discounted 1 Year Fixed LVR ≤90% ($150K+ Owner Occupier)

Loans over $150k get a discount off an already low fixed rate. Available for NSW, Qld and ACT residents only.

Newcastle Permanent Building Society Premium Plus Package Home Loan - New Customer Offer ($150,000+ Owner Occupier, P&I)

New borrowers or refinancers from another lender get a discounted rate with this package loan.

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