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: Great Southern Bank's Basic Variable Home Loan is the standout variable option at 6.29% p.a.* (comparison rate: 6.35% p.a.)** for borrowers after a simpler loan structure.
Fixed-rate options offer more certainty: Macquarie Bank features 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.
Loan product | Interest rate* | Comparison rate** |
|---|---|---|
Great Southern Bank: Basic Variable Home Loan (P&I | Owner-Occupied | Variable) | 6.29% p.a.* | 6.35% p.a.** |
Macquarie Bank: Basic Home Loan (P&I | Owner-Occupied | Fixed) | 2-year fixed rate: 6.59% p.a.* 3-year fixed rate: 6.59% p.a.* 5-year fixed rate: 6.64% p.a.* | 2-year fixed rate: 6.37% p.a.** 3-year fixed rate: 6.40% p.a.** 5-year fixed rate: 6.47% p.a.** |
Great Southern Bank: Basic Variable Home Loan (P&I | Owner-Occupied | Variable) | 6.29% p.a.* | 6.35% p.a.** |
ING: Mortgage Simplifier Home Loan (P&I | Investment | Variable) | 6.39% p.a.* | 6.42% p.a.** |
Great Southern Bank: Basic Variable Home Loan
(P&I | Owner-Occupied | Variable)
Great Southern Bank's Basic Variable Home Loan offers owner-occupiers a straightforward variable-rate option without additional package features.
Here are its key features:
Variable interest rate:
Initial rate: 6.29% p.a.* (comparison rate: 6.35% p.a.)**
Principal and interest repayments: Help reduce your loan balance over time.
Variable rate: Rates and repayments may rise or fall with market conditions.
Basic loan structure: Focuses on core lending features rather than bundled benefits.
Minimum loan amount: $150,000.
Consider whether your budget can accommodate potential repayment increases.
Macquarie Bank: Basic Home Loan
(P&I | Owner-Occupied | Fixed)
Macquarie's Basic Home Loan offers three fixed-rate terms, giving owner-occupiers a choice of repayment certainty over two, three or five years. Here are its key features:
Fixed interest rates:
2-year fixed rate: 6.59% p.a.* (comparison rate: 6.37% p.a.)**
3-year fixed rate: 6.59% p.a.* (comparison rate: 6.40% p.a.)**
5-year fixed rate: 6.64% p.a.* (comparison rate: 6.47% p.a.)**
Fixed repayments: Remain predictable throughout the selected term.
Principal and interest repayments: Help reduce your loan balance over time.
Rate certainty: Protects against rate increases during the fixed term, but you won't benefit from rate reductions on the fixed portion.
Minimum loan amount: $150,000.
Fixed rates can limit your flexibility to refinance, sell or make additional repayments. Break costs may apply if you change or repay the loan before the fixed term ends.
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: 6.39% p.a.* (comparison rate: 6.42% 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)
ING's Mortgage Simplifier Home Loan offers property investors a straightforward variable-rate option focused on core lending features rather than package benefits.
Here are its key features:
Variable interest rate:
Initial rate: 6.39% p.a.* (comparison rate: 6.42% p.a.)**
Principal and interest repayments: Help reduce investment debt over time.
Variable rate: Rates and repayments may rise or fall with market conditions.
Simplified loan structure: Focuses on core features rather than bundled package benefits.
Investment loan: Designed for borrowers purchasing or holding an investment property.
Minimum loan amount: $150,000.
Investors seeking interest-only repayments, offset accounts or additional package features may need to compare other options.
Let Aussie help with your loan application
Getting a home loan with a low interest rate can improve 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 every Monday, so you always have the freshest deals at your fingertips. Come back weekly to stay in the loop.
Get the Aussie App: Download the app for the latest property and rate updates.
Chat 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.
Click here to book your appointment.
With the right loan, you could save big and reach your homeownership or investment goals sooner than you think.