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 from our panel lender: ING Mortgage Simplifier Home Loan from 5.99% p.a. (comparison rate 6.02% p.a.) for borrowers looking for a simpler variable-rate structure.
Fixed-rate options from our panel lender for repayment certainty: Macquarie Bank offers 2, 3 and 5-year fixed home loan terms for borrowers who want more predictable repayments.
Construction and investment loan options from our panel lender 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** |
|---|---|---|
ING Mortgage Simplifier Home Loan (P&I – Owner-Occupied – Variable) | 5.99% p.a.* | 6.02% p.a.** |
Macquarie Basic Home Loan (P&I – Owner-Occupied – Fixed) | 2-year fixed rate: 6.14% p.a.* 3-year fixed rate: 6.09% p.a.* 5-year fixed rate: 6.29% p.a.* | 2-year fixed rate: 6.12% p.a.** 3-year fixed rate: 6.11% p.a.** 5-year fixed rate: 6.20% p.a.** |
Newcastle Permanent: Basic Real Deal Home Loan (Owner-Occupied – Variable – Construction) | 5.99% p.a.* | 6.03% p.a.** |
ING Mortgage Simplifier Home Loan (P&I – Investment – Variable) | 6.14% p.a.* | 6.17% p.a.** |
ING Mortgage Simplifier Home Loan
(P&I – Owner-Occupied – Variable)
If you're looking for a simple variable home loan with a competitive rate, ING's Mortgage Simplifier Home Loan may suit borrowers who want to keep ongoing costs lower without paying for extra package features.
Here are some of its key features:
Low variable interest rate:
Initial rate: 5.99% p.a.* (comparison rate: 6.02% p.a.)**
Principal and interest repayments: Help reduce your loan balance over time.
Variable rate structure: Rates may rise or fall with market conditions.
Simple loan format: Focused on core lending features rather than package inclusions.
Minimum loan amount: $150,000
If you want features such as package benefits or multiple offset accounts, you may need to compare other options.
Macquarie Basic Home Loan
(P&I – Owner-Occupied – Fixed)
Macquarie's Basic Home Loan is a mid-term fixed-rate option for borrowers who want more predictable repayments.
A fixed term may suit borrowers looking for budgeting certainty while keeping the option to review their loan in the medium term.
Here are some of its key features:
Fixed interest rate options:
2-year fixed rate: 6.14% p.a.* (comparison rate: 6.12% p.a.)**
3-year fixed rate: 6.09% p.a.* (comparison rate: 6.11% p.a.)**
5-year fixed rate: 6.29% p.a.* (comparison rate: 6.20% p.a.)**
Fixed repayment structure: Repayments stay stable during the fixed period.
Principal and interest repayments: Help reduce the loan balance over time.
Fixed-rate certainty: Protects against interest rate movements during the fixed term.
Minimum loan amount: $150,000
Borrowers should weigh up the certainty of fixed repayments against the lower flexibility that can come with fixed-rate lending.
Newcastle Permanent: Basic Real Deal Home Loan
(Owner-Occupied – Variable – Construction)
Building or renovating? The Basic Real Deal Home Loan (Construction) offers a variable-rate structure to support staged payments during construction.
Here are some of its key features:
Variable interest rate:
Initial rate: 5.99% p.a.* (comparison rate: 6.03% p.a.)**
Construction lending structure: Supports progress payments at each stage of the build.
Principal and interest repayments: Help reduce the loan balance over time.
Variable rate flexibility: Rates may move with market conditions.
Minimum loan amount: $150,000
Construction loans can involve additional steps such as staged drawdowns and inspections.
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.