Compare home loans

What should I compare before applying for a home loan?

Start with the interest rate, comparison rate, monthly repayment and fees, then check flexibility, offset features and how the loan fits your deposit and borrowing plans.

Why does the comparison rate matter on a home loan?

The comparison rate includes some fees and charges, so it can be more useful than the headline rate when you want a broader view of total borrowing cost.

Is the lowest home loan interest rate always the best option?

Not always. A lower rate can help, but fees, offset access, redraw flexibility and the total repayment structure can matter just as much.

What affects the monthly repayment shown on a home loan page?

Monthly repayments are usually based on an example loan size, rate and loan term, so your actual repayment may change depending on the amount you borrow and the terms you are approved for.

Should I compare fixed and variable home loans separately?

Yes. Fixed and variable home loans can behave differently over time, so comparing them separately can make it easier to understand trade-offs around certainty, flexibility and future rate changes.