Home loan interest rates

Please refer to our Home Loan Fact Sheets for details regarding our loans. The reference rate for your loan will depend on the repayment type you select – Principal and Interest or Interest Only.  Interest Only period switches and extensions can be requested in both years and/or months via selected processes. The reference rate applicable for an Interest Only period applied in years and/or months will be the same as the Interest Only reference rate applicable to your loan type. Talk to your lender for more information. See rates for products no longer offered (PDF)

¹ To apply for a Wealth Package, you must have an eligible home loan or line of credit with an initial package lending balance of at least $150,000 at the time of your application. Package lending balance is the sum of the account balance of eligible home lending accounts and the credit limit of Viridian Line of Credit accounts that you have with us at the time you apply for Wealth Package. Eligible home loans include: Standard Variable Rate home loan, Fixed Rate home loans and Viridian Line of Credit. A non-refundable annual fee of $395 is payable in advance. The package can be established in the name of one or two individual’s name/s, or in the name of a corporate entity. It cannot be established in the name of a business or family investment trust. Please refer to the Wealth Package Fact Sheet and Package Terms and Conditions for full details

² Rate/s apply to new lending only and may include a margin below or above the applicable reference rate. The current reference rates can be found here.

³ At the end of the fixed rate period, the interest rate converts to the applicable Standard Variable Rate relevant to your loan purpose and repayment type at that time, less any applicable package discount specified in your Loan Contract.

⁴ CommBank has an ownership interest in More. More and CommBank have entered into a strategic alliance agreement. You should read  More’s customer policies before making any decision about their service. 
By clicking on any links directing to the More website and commencing the sign-up process, More will collect and handle your personal information under its collection notices and privacy policy as outlined on its website. 
Offer of $50 off per month the Recommended Retail Price (RRP) of a More nbn plan for three years is for customers with conditional pre-approval of an eligible CommBank home loan who then find a property and fund $250,000 or more between 1 November 2024 and 31 October 2025. This new nbn offer is available to proprietary originated applications only. To receive this offer, you must then sign up for a new More nbn plan using a CommBank credit or debit card as your online bill payment method. You may sign up to any More nbn plan. If you choose to do this, you will be entitled to a discount which is equal to $50 off per month the RRP of a More nbn plan throughout the three-year period, provided you continue to satisfy all ongoing eligibility requirements. Once you’re ready to settle your eligible home loan by 31 October 2025, you should receive your unique offer code within 14 days. Limit of one offer code per borrowing entity (e.g. individual, joint borrowers, company) and per customer. Limit of one offer code per joint application. All offer codes issued in connection with this offer are valid until 30 April 2026. For full terms and conditions visit https://www.commbank.com.au/latest/partnerships/50-off-more-nbn.html.

⁵ We Money - Property Innovation of the Year Award (2024), Customer Service Excellence Award - Customer Service Organization of the Year: Small (2023), Finder Innovation Awards - Best Online Customer Service Innovation (2023).

Contracts are reviewed within six business hours 95% of the time (October 2023). To ensure contracts are reviewed within six business hours, customers must upload the entire contract within the Home-in app.

Home-in has one of the highest on-time settlement rates in the industry with 95% of Home-in customers settling on time in 2023.

⁷Cashback calculated over the first five years of a 30-year loan with an initial borrowing value over $1,000,000 paid as a monthly cashback. Loans with an initial borrowing value under $1,000,000 can get up to $960. To receive this CommBank Yello benefit, you must meet the ongoing eligibility requirements for the CommBank Yello Gold or CommBank Yello Diamond tiers, which is subject to change. For full terms and conditions, eligibility criteria and information on benefits, visit commbank.com.au/commbankyello.

⁸ You can link one Everyday Offset account to each eligible Digi Home Loan and up to two Everyday Offset accounts to each eligible Simple Home Loan. An offset feature fee will apply, see  ‘Fees we charge for consumer mortgage lending products'.

⁹ To receive this CommBank Yello cashback benefit, you must meet the eligibility requirements for the CommBank Gold or CommBank Diamond tier. Ongoing eligibility criteria applies for CommBank Yello, for full terms and conditions and information on benefits, see commbank.com.au/commbankyello.

** This offer is valid from 6 May 2025. To secure the offer you will need to engage the services of a Home-in partner law firm via the Home-in app on or after this date. If you engaged the services of a Home-in partner law firm via the Home-in app before this date, you are not eligible for this offer. This offer cannot be combined with other Home-in offers.

This offer is only available to CommBank customers who meet the following criteria:

(a) have an eligible CommBank transaction account: Smart Access, Complete Access, Everyday Offset, Pensioner Security (excluding Pensioner Security Passbook accounts) or Private Bank Account; and 

(b) fund an eligible residential property purchase with a CommBank home loan; and

(c) settle this property purchase using the in-app legal services provided through Home-in.

This offer only applies to buy-side conveyancing services for residential property purchases in Australia. Home-in does not offer conveyancing services for the purchase of off-the-plan, rural/agricultural, retail or commercial properties, or properties with a purchase price in excess of $5,000,000. Additional fees apply to conveyancing services in respect of complex titles (such as old system, leasehold and company titles), which are excluded from this offer.

This offer is only available through CommBank’s proprietary channels, it is not available to customers that originate through Bankwest, Unloan or a broker channel. 

If you settle on a property without meeting the eligibility criteria, this offer will not apply and you will be required to pay the standard list price for your conveyancing services. If you do not ultimately settle on a property purchase with Home-in within 6 months of your first contract review, any disbursements, contract review fees and ancillary service fees incurred will become payable to Home-in at the standard list price.

The $699 (including GST) offer includes the following conveyancing services: one standard contract review, reasonable negotiation with the vendor’s solicitor, preparation of documents and figures required for settlement and electronic or paper settlement for your property.

Disbursements are additional and charged at cost. For some property purchases, you may require or request additional services for which we charge a professional fee, such as expedited settlement or usage of a trust account.

Find out more about Home-in's pricing by visiting home-in.com.au/pricing. Home-in reserves the right to terminate the offer and change the pricing at any time.

Home-in is a brand of CBA New Digital Businesses Pty Ltd ABN 38 633 072 830 trading as Home-in Digital. CBA New Digital Businesses Pty Ltd is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124. CBA New Digital Businesses Pty Ltd is not an Authorised Deposit-taking Institution for the purposes of the Banking Act 1959 (Cth) and its obligations do not represent deposits or other liabilities of Commonwealth Bank of Australia.

^{^} The rates shown are interest rates for new borrowings with Principal and Interest repayments. For all our rates, including interest rates for Interest Only payments, see our Home Loan Interest Rates page.

~ We charge the Rate Lock Fee when we process your request. It is therefore important that you have sufficient funds in your nominated account. The Rate Lock feature only applies to new Fixed Rate home loan and Fixed Rate Investment home loan applications. Rate Lock does not apply to Home Seekers, switching, splitting, top-ups, loan purpose transfers or repayment changes. 

^# You can choose to pay Principal and Interest weekly, fortnightly, or monthly. Only monthly payments are available for Interest Only. The maximum Interest Only payment period over the life of a loan is 10 years for Investment Home Loans and 5 years for Owner Occupied Home Loans, so long as there is at least 5 years remaining on the Contracted Loan Term. We have different rates that apply, depending on whether you are making Interest Only payments or Principal and Interest repayments. During an Interest Only period, your Interest Only payments won't reduce your loan balance unless you choose to make additional repayments. At the end of an Interest Only period, your repayments will increase to cover Principal and Interest components.

Information provided (including interest rates) are subject to change.

Calculations are estimates provided as a guide only. They assume interest rates don’t change over the life of the loan and are calculated on the rate that applies for the initial period of the loan. Interest rates referenced are current rates and may change at any time.

Fees and charges are payable. The calculations do not take into account fees, charges or other amounts that may be charged to your loan (such as establishment or monthly service fees or stamp duty). Lenders' Mortgage Insurance or a Low Deposit Premium may apply to your loan depending on the size of your deposit; security, applicant and loan attributes. This is a one-off cost and will be added to the loan amount. Any of these additional amounts will increase repayments under the loan.

We have different rates that apply, depending on whether you are making interest only payments or principal and interest repayments. During an interest only period, your interest only payments won't reduce your loan balance. At the end of an interest only period, your repayments will increase to cover principal and interest components.

Rates are subject to change. Applications are subject to normal credit approval. Full terms and conditions will be included in our loan offer. Fees and charges are payable.

^* Comparison rate calculated on a $150,000 secured loan over a 25-year term. WARNING: 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. Comparison rates for variable Interest Only loans are based on an initial 5-year Interest Only period. Comparison rates for fixed Interest Only loans are based on an initial Interest Only period equal in length to the fixed period. During an Interest Only period, your interest only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan.

^{^^}$0 establishment fee offer is available on Simple Home Loan applications submitted between 2 August 2025 and 31 October 2025 inclusive through CommBank’s proprietary channel. Applications submitted outside this period or via non-proprietary channels are not eligible for this offer.

This offer is only available to CommBank customers who meet the following criteria:

(a) All borrowers must be First Home Buyer/s; and

(b) All borrowers must be individuals. Applications from trusts or companies are not eligible; and

(c) Application must be submitted through CommBank’s proprietary channel, it is not available to customers that submit an application through Bankwest, Unloan or a broker channel.

(d) The loan must be for one of the following eligible products:

- Simple Home Loan

- Simple Investment Home Loans.

If your application does not meet the eligibility criteria, the standard establishment fees: $300 for non-off-the-plan purchases and $800 for off-the-plan purchases, will apply.

CommBank reserves the right to withdraw or amend this offer at any time without notice.