Top fixed rate mortgages*

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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

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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
Newcastle Permanent Building Society Fixed Rate Home Loan - 2 Year Fixed (Owner Occupier Special Rate, P&I)
Owner-occupiers can lock in a competitive rate with no ongoing fees. Conditions apply.
3.74% 4.85% $0 $0 p.a. 95% Go to site 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.
3.49% 4.47% $0 $375 p.a. 85% Go to site More info
NAB Choice Package Home Loan - 2 Year Fixed (Owner Occupier P&I) First Home Buyer Special
A special rate for first home buyers buying residential property and borrowing over $150K. 350K NAB Rewards Points offer available. Terms and conditions apply.
3.69% 4.86% $0 $395 p.a. 90% Go to site More info
UBank UHomeLoan - 1 Year Fixed Rate (Owner Occupier)
A one year fixed rate offer with no ongoing bank fees.
3.69% 4.15% $395 $0 p.a. 80% Go to site More info
Tic:Toc Live in Loan Fixed Rate - 3 Years (Owner Occupier)
A fixed rate loan with free redraws, few ongoing fees. Apply online with a fast approval process.
4.32% 3.85% $0 $0 p.a. 80% Go to site More info
3.79% 4.07% $500 $0 p.a. 95% Go to site More info
Community First Fixed Home Loan - 3 Years Fixed Owner Occupier special offer (New Loans only)
A limited time fixed rate special with no monthly or annual fees plus a 100% offset account.
3.89% 4.97% $600 $0 p.a. 95% Go to site More info
ME Flexible Home Loan Fixed - 2 Year Fixed Rate (Owner Occupier, P&I)
No application or ongoing fees and a competitive 2 year fixed rate.
3.74% 4.81% $0 $0 p.a. 95% Go to site More info
UBank UHomeLoan - 3 Year Fixed Rate (Owner Occupier)
An online home loan offer with a fixed interest offer for 3 years.
3.99% 4.08% $395 $0 p.a. 80% Go to site More info
Select Encompass Credit Union Special Offer 2 Year Fixed Rate Home Loan
A fixed rate loan with limited fees and a competitive interest rate.
3.74% 4.15% $0 $0 p.a. 95% Go to site More info
Greater Bank Ultimate Home Loan - Discounted 2 Year Fixed LVR ≤85% ($150K+ Owner Occupier)
Discount off an already competitive 2 year fixed rate for loans over $150k. NSW,QLD and ACT residents only.
3.69% 4.45% $0 $375 p.a. 85% Go to site More info
Newcastle Permanent Building Society Fixed Rate Home Loan - 3 Year Fixed (Owner Occupier Special Rate, P&I)
A limited time fixed rate home loan with extra repayment abilities. Conditions apply.
3.79% 4.75% $0 $0 p.a. 95% Go to site More info
Greater Bank Ultimate Home Loan - Discounted 3 Year Fixed LVR ≤85% ($150K+ Owner Occupier)
Enjoy discounts on insurance products and other accounts with Greater with this package loan. NSW, QLD and ACT residents only.
3.74% 4.42% $0 $375 p.a. 85% Go to site 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.
3.88% 4.89% $0 $395 p.a. 95% Go to site More info
4.24% 4.81% $0 $0 p.a. 95% Go to site More info
ME Flexible Home Loan Fixed - 3 Year Fixed Rate (Owner Occupier, P&I)
A competitive 3 year fixed rate with a redraw facility and split loan options, plus no application fee.
3.99% 4.77% $0 $0 p.a. 95% Go to site More info
Aussie Select Basic Fixed Rate Home Loan - 2 Year Fixed LVR up to 80% (Owner Occupier)
A two year fixed rate home loan with no annual or application fees.
3.99% 3.84% $0 $0 p.a. 80% Enquire now More info
Greater Bank Ultimate Home Loan - Discounted 5 Year Fixed LVR ≤85% ($150K+ Owner Occupier)
Keep your loan below 85% LVR with a loan amount above $150k and this discounted 5 year fixed rate. NSW, QLD and ACT residents only.
3.99% 4.46% $0 $375 p.a. 85% Go to site More info
NAB Choice Package Home Loan - 5 Year Fixed (Owner Occupier P&I)
A competitive loan with flexible features. 350K NAB Rewards Points offer available. Terms and conditions apply.
4.59% 5.01% $0 $395 p.a. 95% Go to site More info
ANZ Breakfree Package Home Loan - 2 Year Fixed (Owner Occupier, P&I)
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.
3.88% 4.98% $0 $395 p.a. 95% Enquire now More info
Commonwealth Bank Wealth Package Fixed Home Loan - 2 Year Fixed (Owner Occupier) P&I
A package home loan with fee free extra repayments available during the fixed term.
3.99% 4.99% $0 $395 p.a. 95% Enquire now More info
ANZ Fixed Rate Home Loan - 2 Year Fixed (Owner Occupier, P&I)
Flexible repayment options to help you save.
4.03% 5.08% $600 $10 monthly ($120 p.a.) 95% Enquire now More info
St.George Fixed Rate Advantage Package -  2 Year Fixed Rate (Owner Occupier, P&I)
A discounted package rate for owner occupiers with the ability to package a Qantas rewards earning Amplify credit card. $1,500 cashback available for refinancers. Conditions apply.
3.99% 4.98% $0 $395 p.a. 95% Enquire now More info
Heritage Bank Fixed Rate Home Loan - 2 Year Fixed Rate (Owner Occupier) New Customers Only
A two year fixed rate home loan with interest only options and partial offset account.
3.99% 5.07% $600 $8 monthly ($96 p.a.) 95% More info
Auswide Bank Fixed Home Loan Plus with Freedom Package - 3 Year Fixed $150k to $249k LVR <= 90% (Owner Occupier)
Lock in rate for 3 years and enjoy a discounted home loan interest rates on your loan of $150,000 -$249,000.
4.09% 4.98% $0 $395 p.a. 90% Enquire now More info
Westpac Fixed Options Home Loan Premier Advantage Package - 2 Years, P&I
Lock in a discounted fixed rate with a low service fee.
3.99% 4.90% $0 $395 p.a. 95% Enquire now More info

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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Related Posts

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.

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.

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.

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

Get a competitive rate without features you may not use.

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