Aussie’s guide to this week’s low-rate home loan products

Key takeaways:

• Weekly low-rate home loan update: Aussie reviews generally available home loan rates from our panel lenders each week to highlight competitive variable and fixed options for owner-occupiers, construction borrowers and investors.

• Lowest owner-occupied variable rate this week: Macquarie Bank's Basic Home Loan is the standout variable option at 6.04% p.a. (comparison rate 6.06% p.a.) for borrowers after a simpler loan structure.

• Fixed-rate options offer more certainty: Suncorp Banks feature fixed-rate loans this week, giving borrowers 2, 3 or 5-year options to lock in repayments.

• Construction and investment loan options from our panel lenders included: This week's update also includes variable-rate loans for building projects and investment properties, with principal and interest repayment options available.

• Compare loans before applying: An Aussie Broker can compare options from ***25+ lenders and help determine whether refinancing, fixing or switching loans suits your circumstances.

Welcome to your Weekly Low Rates Roundup with Aussie, where we cut through the noise and get straight to what matters: securing you a great home loan deal. Weekly, our team does the legwork to find the sharpest interest rates in the market.

With the rising cost of living and mortgage repayments pinching harder than ever, staying informed has never been more important. That’s where we come in.

We’re for buyers, full stop. While much of the real estate world might favour property owners looking to sell, at Aussie, we’ve got your back if you want to purchase, invest, or simply find a better deal for your home loan.

This week’s lowest rates

Here’s a quick snapshot of this week’s standout offers. Remember, these are generally available rates, but individual circumstances (like credit history, property location, and loan-to-value ratio) can influence the deal you ultimately secure.

Macquarie Bank: Basic Home Loan

(P&I – Owner-Occupied – Variable)

Macquarie Bank's Basic Home Loan is a straightforward variable-rate option for owner-occupiers who want a competitive rate without ongoing fees.

It includes core features such as additional repayments and redraw, but does not include an offset account. Here are some of its key features:

• Variable interest rate:

  • Initial rate: 6.04% p.a.* (comparison rate: 6.06% p.a.)**

• No ongoing fees: $0 annual fee and $0 monthly loan account fee.

• Unlimited additional repayments: Available while the loan is on a variable rate.

• Redraw: Available on variable-rate loan accounts.

• Multiple loan accounts: Up to six loan accounts within a Basic Home Loan facility.

• Minimum loan amount: $150,000

Borrowers who want to use savings to offset their loan balance may need to consider Macquarie's Offset Home Loan or compare other options.

Suncorp Bank Fixed Rate Home Loan – Home Package Plus

(P&I – Owner-Occupied – Fixed)

Suncorp Bank's Fixed Rate Home Loan with Home Package Plus offers 2, 3 or 5-year fixed-rate options for owner-occupiers who want longer-term repayment certainty.

Eligible fixed-rate loans can be packaged with an Everyday Options Account through Home Package Plus to access applicable discounts and fee benefits.

Here are some of its key features:

• Fixed interest rate:

  • 2-year fixed rate: Initial rate: 6.24% p.a.* (comparison rate: 6.45% p.a.)**

  • 3-year fixed rate: Initial rate: 6.44% p.a.* (comparison rate: 6.61% p.a.)**

  • 5-year fixed rate: Initial rate: 6.54% p.a.* (comparison rate: 6.69% p.a.)**

• Fixed repayment certainty: Repayments stay the same for the selected fixed term.

• Principal and interest repayments: Help reduce the loan balance over time.

• Home Package Plus: Eligible fixed-rate loans can be packaged with an Everyday Options Account for applicable discounts and fee benefits.

• Additional repayments: Up to $500 above the minimum monthly repayment can be made during a fixed-rate period without an Early Payment Interest Adjustment.

• Minimum loan amount: $150,000

Borrowers should weigh the certainty of fixed repayments against the lower flexibility that comes with fixing.

Suncorp Bank says redraw and offset are not available on the fixed-rate portion during the fixed term, and an Early Payment Interest Adjustment may apply if you break the fixed term.

Great Southern Bank: Basic Variable Home Loan

(P&I – Owner-Occupied – Variable)

Great Southern Bank's Basic Variable Home Loan is a variable-rate option for owner-occupiers building a new home.

Construction loans generally release funds in stages as the build progresses. A variable rate means repayments can move over the life of the loan.

Here are some of its key features:

• Variable interest rate:

  • Initial rate: 6.04% p.a.* (comparison rate: 6.10% p.a.)**

• Construction lending: Supports staged progress payments as the build moves forward.

• Principal and interest repayments: Help reduce the loan balance over time.

• Variable rate structure: The interest rate may rise or fall during the loan term.

• Owner-occupied loan: Designed for borrowers building a home they plan to live in.

• Minimum loan amount: $150,000

Construction loans can involve extra steps, including staged drawdowns and supporting documents at different points in the build.

ING: Mortgage Simplifier Home Loan

(P&I – Investment – Variable)

For investors, ING's Mortgage Simplifier Home Loan offers a straightforward variable-rate option designed to keep ongoing costs lower.

With principal and interest repayments and a simplified structure, this loan may suit investors who want a competitive rate without paying for additional package features. Here are some of its key features:

• Variable interest rate:

  • Initial rate: 6.14% p.a.* (comparison rate: 6.17% p.a.)**

• Principal and interest repayments: Help reduce investment debt over time.

• Variable-rate structure: Rates may rise or fall with market conditions.

• Simple loan format: Focused on core lending functionality rather than premium package inclusions.

• Investment loan: Designed for borrowers purchasing or holding an investment property.

• Minimum loan amount: $150,000

If you are looking for interest-only repayments or more advanced loan features, you may need to compare other investment loan options.

Let Aussie help with your loan application

Getting a home loan with a low interest rate can improve your long-term financial stability. Stay informed about the latest rates and review your options regularly to ensure you get the right deal for you.

If you're considering refinancing or taking out a new loan, book a free^ appointment with our Aussie brokers to help guide you through the process and secure the most competitive rate for your needs.

With the right loan, you can save money and achieve your homeownership goals sooner.

Stay in the know

• Bookmark this page: We update these rates weekly, so you always have the freshest deals at your fingertips. Come back each week to stay in the loop.

• Get the Aussie App: Download the app for the latest property and rate updates.

• Talk to Aussie: See a rate that catches your eye? Get in touch, and our brokers will guide you through the next steps, tailoring the right home loan product to your situation.

How Aussie has your back

At Aussie, we compare 25+ lenders, assess your unique circumstances, and stay on top of government concessions, grants, and local and national property trends. Our service is free^, so you get expert insights without the extra costs.

Everyone’s journey is different. Some people are stepping onto the property ladder for the first time, while others are upsizing, downsizing, or investing.

Wherever you are, we’ll help you secure a loan that supports your goals and keeps your finances on track.

The next step: Talk to an Aussie Broker

Ready to see if one of these loans is the perfect fit? Book a free^ appointment with an Aussie Broker. We’ll cut through the noise, ask the right questions, and give you the facts so you can make a confident decision.

With the right loan, you could save big and reach your homeownership or investment goals sooner than you think.