Bank home loan rates compared
Owner-occupier and investor rates, variable and 2-year fixed, from the big four and seven other major lenders. Every figure was read from the lender's own site on 8 November 2026, and every row links to the page it came from.
The short answer
The lowest big-four variable rate on a lender's own site today is Westpac's online offer at 6.24% for owner-occupiers (6.25% comparison). Bendigo Bank's Express Home Loan is lower again at 6.14%. The dearest big-four headline is ANZ at 6.64%. On a $600,000 loan over 30 years, that 0.40-point gap between Westpac and ANZ is about $157 a month, or roughly $1,890 a year.
See what any rate here does to your repayment with the mortgage repayment calculator, or weigh a fixed term against variable with the fixed vs variable calculator.
Home loan rates by lender, 8 November 2026
Each lender name links to that lender's own advertised rate page. The top figure is the interest rate; the smaller figure is the comparison rate. Variable rates are the lowest the lender advertises for a new loan, usually at a low LVR (60 to 70%). Fixed rates are the 2-year term.
| Lender and product | Owner-occupier variable | Investor variable | Owner-occupier 2-yr fixed | Investor 2-yr fixed |
|---|---|---|---|---|
| CommBankDigi Home Loan; 2-yr fixed with Wealth Package | 6.34%comparison 6.36% | 6.44%comparison 6.46%lender data feed† | 6.82%comparison 8.38%lender data feed† | 6.87%comparison 8.83%lender data feed† |
| WestpacFlexi First Online Offer; Fixed Options with package, LVR up to 70%Variable +0.25 from 13 Nov | 6.24%comparison 6.25% | 6.39%comparison 6.40% | 6.74%comparison 7.03% | 6.84%comparison 7.21% |
| NABTailored Home Loan (rate range, lowest shown)Page says rates correct as at 2 Nov | 6.29%comparison 6.42% | 6.45%comparison 6.58% | 6.81%comparison 7.12% | 6.89%comparison 7.37% |
| ANZSimplicity PLUS; Fixed Rate, LVR up to 80%Variable rise announced from 13 Nov | 6.64%comparison 6.64% | 6.89%comparison 6.89% | 6.74%comparison 7.34% | 6.84%comparison 7.83% |
| MacquarieBasic Home LoanVariable +0.25 from 19 Nov; page not yet updated | 6.29%comparison 6.31% | 6.39%comparison 6.41% | 6.59%comparison 6.37% | 6.74%comparison 6.52% |
| INGMortgage Simplifier; Fixed Rate Loan | 6.29%comparison 6.32% | 6.39%comparison 6.42% | 6.59%comparison 6.38% | 6.79%comparison 6.50%lender data feed† |
| Bendigo BankExpress Home LoanRate table didn't load on the page | 6.14%comparison 6.29%lender data feed† | 6.34%comparison 6.49%lender data feed† | 6.49%comparison 6.36%lender data feed† | 6.59%comparison 6.54%lender data feed† |
| BOQEssential Home LoanRate table didn't load on the page | 6.53%comparison 6.55%lender data feed† | 6.63%comparison 6.65%lender data feed† | 6.79%comparison 6.60%lender data feed† | 6.94%comparison 6.71%lender data feed† |
| AMPEssential Home Loan; Professional Package fixedNew rates effective 6 Nov | 6.49%comparison 6.52% | 6.64%comparison 6.67% | 6.64%comparison 7.61% | 6.74%comparison 7.63% |
| ubankNeat variable; Flex fixed | 6.34%comparison 6.36% | 6.44%comparison 6.46% | 6.79%comparison 6.67% | 6.84%comparison 6.76% |
| AthenaStraight Up, LVR up to 50%Investor comparison rate and fixed rates not read | 6.49%comparison 6.49% | 6.59%comparison not shown | Not read | Not read |
| Suncorp BankNow part of ANZ | Not shown. Suncorp Bank's page says it is no longer accepting new home loan applications and points new borrowers to ANZ. | |||
† Where a lender's rate page hides a figure behind a selector that our check couldn't open, we've used the lender's own published product data (its Consumer Data Right feed), read on 8 November 2026. "Not read" means we couldn't confirm the figure from the lender today, so we haven't shown one.
Why the rate you're offered won't match the table
These are the lowest advertised rates. Most lenders price by LVR (how much you borrow against the property's value), so a 90% loan can cost 0.2 to 1.0 points more. Package fees ($395 a year at CommBank and Westpac) buy a lower fixed rate but push the comparison rate up, which is why CommBank's 2-year fixed shows 6.82% but compares at 8.38%. Investors pay about 0.10 to 0.25 points more than owner-occupiers at every lender here. Interest-only costs more again.
Your existing rate is a different story. Lenders often keep their sharpest rates for new customers, so if you've had your loan for a few years, the gap between what you pay and the table above is your bargaining chip. The refinancing calculator shows whether switching pays once fees are counted.
How we check these rates
We open every lender's own rate page each week and record the lowest advertised principal-and-interest rate and its comparison rate. We don't take figures from comparison sites, and no lender pays to be listed. If a page won't load or a figure isn't shown, we say so in the table instead of guessing. The cash rate is the RBA's published target. Self-employed and can't show two years of tax returns? See our low-doc home loan rates.
Questions people ask
Which bank has the lowest home loan rate right now?
On 8 November 2026, the lowest owner-occupier variable rate we read on a big-four bank's own site was Westpac's Flexi First Online Offer at 6.24% (6.25% comparison). Among the other lenders checked, Bendigo Bank's Express Home Loan was lower at 6.14% (6.29% comparison).
Have the banks passed on the November 2026 rate rise?
Not all of them yet. The RBA raised the cash rate to 4.85% on 4 November 2026. Westpac and ANZ have announced variable rises from 13 November and Macquarie from 19 November. Many advertised rates in our table were still the pre-rise figures when we checked.
What is a comparison rate?
A comparison rate rolls the interest rate and most standard fees into one figure so you can compare loans. It's calculated on a set example, usually $150,000 over 25 years, so it can understate or overstate the cost of your own loan.
General information only
This page is general information, not financial or credit advice, and it doesn't take your objectives, finances or needs into account. AusCalcs isn't a lender or a broker, and no lender paid to appear here or to be placed in any order. Rates change without notice and the rate you're offered depends on your circumstances and the lender's credit checks. Check the lender's own page and its Target Market Determination before you apply, and consider speaking to a licensed mortgage broker or adviser.
Comparison rate warning: WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Unless a lender says otherwise, comparison rates are based on a secured loan of $150,000 over 25 years.