Why refinance with CommBank?

  • Get more out of your home loan:

    • Refinance and save with one of our competitive Fixed Rate or Standard Variable Rate home loans.
    • Enjoy discounts with our Wealth Package, saving money to pay off your loan sooner.
    • Save time with access to FastReFi® where we manage the refinance steps on your behalf, and fund your loan within days2
    • Flexible loan options that help you reduce your interest including redraw, multiple free offsets on eligible loans and split rate home loans, helping you pay less interest.
    • CommBank My Property gives you easy access to comprehensively track and manage your home loan and property’s performance. Available in NetBank and the CommBank app.
    • Start your refinance application online and if eligible, receive conditional approval in minutes. Apply online.

     

Exclusive discounts & offers for CommBank customers 

  • As part of CommBank Yello, our customer recognition program, you could receive benefits including prize draws, cashbacks and other discounts. Plus, you can access fast conveyancing contract reviews with Home-in, savings on nbn and mobile plans with More and other exclusive offers.

Switching to a CommBank home loan is simple

  • Book time with a lender instantly

    Get the most of your home loan application process and book time with a Home Lending Specialist at a time and place that suits you.

    Book appointment

  • Apply now

    Start your home loan refinance application online if you’re looking to switch from another bank.

    Apply online

Choose a home loan that’s right for you

Loan to value ratio (LVR) is the total amount you have borrowed for your loan as a percentage of your property value.

My loan is for

I'll be borrowing

$10,000 minimum loan amount

Standard Variable Rate

A competitive variable rate with discounts tailored to you, plus access to offset and an extensive range features.2 Tell me more

A competitive variable rate with discounts tailored to you, plus access to offset and an extensive range features.2 Tell me more

A competitive variable rate with discounts tailored to you, plus access to offset and an extensive range features.2 Tell me more

A competitive variable rate with discounts tailored to you, plus access to offset and an extensive range features.2 Tell me more

A competitive variable rate with discounts tailored to you, plus access to offset and an extensive range features.2 Tell me more

A variable rate home loan with an extensive range of features.2 Tell me more.

Interest Rate % p.a.

Comparison Rate*

% p.a.

Repayments

Payments

$

Borrowing $#_KEY_LOAN_AMOUNT_# over 30 years paying principal and interest.

Borrowing $#_KEY_LOAN_AMOUNT_# over 30 years paying interest only.

Once #_KEY_IO_YEARS_DROPDOWN_# interest only period ends, repayments will be $#_KEY_REPAYMENT_IO_# based on current rates - which may change.

Wealth Package rates require a minimum initial package lending balance of $150,000. 

Update your borrowing amount to see the rates or choose another option in the drop down.

If you already have a home loan with us please talk to your Home Lending Specialists about your options.

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

Wealth Package rates require a minimum initial package lending balance of $150,000. 

Update your borrowing amount to see the rates or choose another option in the drop down.

If you already have a home loan with us please talk to your Home Lending Specialists about your options.

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

Wealth Package rates require a minimum initial package lending balance of $150,000. 

Update your borrowing amount to see the rates or choose another option in the drop down.

If you already have a home loan with us please talk to your Home Lending Specialists about your options.

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

Wealth Package rates require a minimum initial package lending balance of $150,000. 

Update your borrowing amount to see the rates or choose another option in the drop down.

If you already have a home loan with us please talk to your Home Lending Specialists about your options.

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

Wealth Package rates require a minimum initial package lending balance of $150,000. 

Update your borrowing amount to see the rates or choose another option in the drop down.

If you already have a home loan with us please talk to your Home Lending Specialists about your options.

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

-

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Change your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

What you'll get

Trade-offs

  • Not protected from interest rate increases

Fees

  • $#_KEY_PACKAGE_FEE_# annual Wealth Package fee
  • Additional fees may apply

What you'll get

  • Wealth Package savings including an interest rate discount
  • Link multiple offsets
  • Unlimited additional repayments
  • Unlimited redraws
  • Access features like top ups
  • Option to split loan
  • Eligible for interest rate reductions

Trade-offs

  • Not protected from interest rate increases

Fees

  • $#_KEY_PACKAGE_FEE_# annual Wealth Package fee
  • Additional fees may apply

What you'll get

  • Wealth Package savings including an interest rate discount
  • Link multiple offsets
  • Unlimited additional repayments
  • Unlimited redraws
  • Access features like top ups
  • Option to split loan
  • Eligible for interest rate reductions

Trade-offs

  • Not protected from interest rate increases

Fees

  • $#_KEY_PACKAGE_FEE_# annual Wealth Package fee
  • Additional fees may apply

What you'll get

  • Wealth Package savings including an interest rate discount
  • Link multiple offsets
  • Unlimited additional repayments
  • Unlimited redraws
  • Access features like top ups
  • Option to split loan
  • Eligible for interest rate reductions

Trade-offs

  • Not protected from interest rate increases

Fees

  • $#_KEY_PACKAGE_FEE_# annual Wealth Package fee
  • Additional fees may apply

What you'll get

  • Wealth Package savings including an interest rate discount
  • Link multiple offsets
  • Unlimited additional repayments
  • Unlimited redraws
  • Access features like top ups
  • Option to split loan
  • Eligible for interest rate reductions

Trade-offs

  • Not protected from interest rate increases

Fees

  • $#_KEY_PACKAGE_FEE_# annual Wealth Package fee
  • Additional fees may apply

What you'll get

Trade-offs

  • No Wealth Package savings or interest rate discounts
  • A higher interest rate compared to the Extra home loan (although the Extra home loan does not provide access to an Everyday Offset account or a Wealth Package)
  • Repayment amounts vary when interest rates change

Fees

  • $#_KEY_ESTALISHMENT_FEE_# establishment fee
  • $#_KEY_ONGOING_FEE_# monthly loan service fee
  • Additional fees may apply

Extra Home Loan

A home loan with a variable interest rate and low fees.2 Tell me more

A home loan with a variable interest rate and low fees.2 Tell me more

A home loan with a variable interest rate and low fees.2 Tell me more

A home loan with a variable interest rate and low fees.2 Tell me more

A home loan with a variable interest rate and low fees.2 Tell me more

Interest Rate

% p.a.

Comparison Rate*

% p.a.

Repayments

Payments

$

Borrowing $#_KEY_LOAN_AMOUNT_# over 30 years paying principal and interest.

Borrowing $#_KEY_LOAN_AMOUNT_# over 30 years paying interest only.

Once #_KEY_IO_YEARS_DROPDOWN_# interest only period ends, repayments will be $#_KEY_REPAYMENT_IO_# based on current rates - which may change.

The minimum loan amount for an Extra Home Loan with an introductory period (2 year or 4 year) is $150,000. 

Update your borrowing amount or choose another option in the drop down.

If you already have a home loan with us please talk to your Home Lending Specialists about your options.

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

The minimum loan amount for an Extra Home Loan with an introductory period (2 year or 4 year) is $150,000. 

Update your borrowing amount or choose another option in the drop down.

If you already have a home loan with us please talk to your Home Lending Specialists about your options.

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

The minimum loan amount for an Extra Home Loan with an introductory period (2 year or 4 year) is $150,000. 

Update your borrowing amount or choose another option in the drop down.

If you already have a home loan with us please talk to your Home Lending Specialists about your options.

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

The minimum loan amount for an Extra Home Loan with an introductory period (2 year or 4 year) is $150,000. 

Update your borrowing amount or choose another option in the drop down.

If you already have a home loan with us please talk to your Home Lending Specialists about your options.

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

The minimum loan amount for an Extra Home Loan with an introductory period (2 year or 4 year) is $150,000. 

Update your borrowing amount or choose another option in the drop down.

If you already have a home loan with us please talk to your Home Lending Specialists about your options.

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

What you'll get

  • A simple variable rate with low fees without the need for a Wealth Package
  • Unlimited additional repayments
  • Unlimited redraws
  • Access features like top ups
  • Option to split loan
  • Eligible for interest rate reductions

Trade-offs

  • Does not provide access to an Everyday Offset account or a Wealth Package
  • Not protected from interest rate increases
  • Not available to company or trust borrowers

Fees

  • $#_KEY_ESTALISHMENT_FEE_# establishment fee
  • $#_KEY_ONGOING_FEE_# monthly loan service fee
  • Additional fees may apply

What you'll get

  • A simple variable rate with low fees without the need for a Wealth Package
  • Unlimited additional repayments
  • Unlimited redraws
  • Access features like top ups
  • Option to split loan
  • Eligible for interest rate reductions

Trade-offs

  • Does not provide access to an Everyday Offset account or a Wealth Package
  • Not protected from interest rate increases
  • Not available to company or trust borrowers

Fees

  • $#_KEY_ESTALISHMENT_FEE_# establishment fee
  • $#_KEY_ONGOING_FEE_# monthly loan service fee
  • Additional fees may apply

What you'll get

  • A simple variable rate with low fees without the need for a Wealth Package
  • Unlimited additional repayments
  • Unlimited redraws
  • Access features like top ups
  • Option to split loan
  • Eligible for interest rate reductions

Trade-offs

  • Does not provide access to an Everyday Offset account or a Wealth Package
  • Not protected from interest rate increases
  • Not available to company or trust borrowers

Fees

  • $#_KEY_ESTALISHMENT_FEE_# establishment fee
  • $#_KEY_ONGOING_FEE_# monthly loan service fee
  • Additional fees may apply

What you'll get

  • A simple variable rate with low fees without the need for a Wealth Package
  • Unlimited additional repayments
  • Unlimited redraws
  • Access features like top ups
  • Option to split loan
  • Eligible for interest rate reductions

Trade-offs

  • Does not provide access to an Everyday Offset account or a Wealth Package
  • Not protected from interest rate increases
  • Not available to company or trust borrowers

Fees

  • $#_KEY_ESTALISHMENT_FEE_# establishment fee
  • $#_KEY_ONGOING_FEE_# monthly loan service fee
  • Additional fees may apply

What you'll get

  • A simple variable rate with low fees without the need for a Wealth Package
  • Unlimited additional repayments
  • Unlimited redraws
  • Access features like top ups
  • Option to split loan
  • Eligible for interest rate reductions

Trade-offs

  • Does not provide access to an Everyday Offset account or a Wealth Package
  • Not protected from interest rate increases
  • Not available to company or trust borrowers

Fees

  • $#_KEY_ESTALISHMENT_FEE_# establishment fee
  • $#_KEY_ONGOING_FEE_# monthly loan service fee
  • Additional fees may apply

Fixed Rate

Always know what your repayments will be with a locked-in rate for 1 year.3 Tell me more

Always know what your repayments will be with a locked-in rate for 2 years.3 Tell me more

Always know what your repayments will be with a locked-in rate for 3 years.3 Tell me more

Always know what your repayments will be with a locked-in rate for 4 years.3 Tell me more

Always know what your repayments will be with a locked-in rate for 5 years.3 Tell me more

Always know what your repayments will be with a locked-in rate for 1 year.3 Tell me more

Always know what your repayments will be with a locked-in rate for 2 years.3 Tell me more

Always know what your repayments will be with a locked-in rate for 3 years.3 Tell me more

Always know what your repayments will be with a locked-in rate for 4 years.3 Tell me more

Always know what your repayments will be with a locked-in rate for 5 years.3 Tell me more

Interest Rate % p.a.

Comparison Rate*

% p.a.

Repayments

Payments

$

Borrowing $#_KEY_LOAN_AMOUNT_# over 30 years paying principal and interest.

Borrowing $#_KEY_LOAN_AMOUNT_# over 30 years paying interest only.

Once #_KEY_IO_YEARS_DROPDOWN_# interest only period ends, repayments will be $#_KEY_REPAYMENT_IO_# based on current rates - which may change.

Wealth Package rates require a minimum initial package lending balance of $150,000. 

Update your borrowing amount to see the rates or choose another option in the drop down.

If you already have a home loan with us please talk to your Home Lending Specialists about your options.

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

Wealth Package rates require a minimum initial package lending balance of $150,000. 

Update your borrowing amount to see the rates or choose another option in the drop down.

If you already have a home loan with us please talk to your Home Lending Specialists about your options.

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

Wealth Package rates require a minimum initial package lending balance of $150,000. 

Update your borrowing amount to see the rates or choose another option in the drop down.

If you already have a home loan with us please talk to your Home Lending Specialists about your options.

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

Wealth Package rates require a minimum initial package lending balance of $150,000. 

Update your borrowing amount to see the rates or choose another option in the drop down.

If you already have a home loan with us please talk to your Home Lending Specialists about your options.

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

Wealth Package rates require a minimum initial package lending balance of $150,000. 

Update your borrowing amount to see the rates or choose another option in the drop down.

If you already have a home loan with us please talk to your Home Lending Specialists about your options.

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

-

To be eligible for a home loan you will need a borrowing amount of at least $10,000.

Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

-

To be eligible for a home loan you will need a borrowing amount of at least $10,000.
Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

-

To be eligible for a home loan you will need a borrowing amount of at least $10,000.
Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

-

To be eligible for a home loan you will need a borrowing amount of at least $10,000.
Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

-

To be eligible for a home loan you will need a borrowing amount of at least $10,000.
Update your borrowing amount.

If you already have a home loan with us, talk to your Home Lending Specialist about your options.

What you’ll get

  • Wealth Package savings including an interest rate discount
  • Protected from interest rate rises during fixed term
  • Option to lock in our fixed rate with the rate lock feature at a fee of $750 – learn more about rate lock
  • Additional repayments up to $10k in a fixed year without incurring additional charges
  • Option to split loan (ERA may apply)

 

Trade-offs

  • No offset account
  • No redraw
  • Rate drops won’t apply to this loan during fixed term
  • No access to features like top ups
  • Charges may apply for additional repayments over $10k in a fixed year

Fees

  • $#_KEY_PACKAGE_FEE_# annual Wealth Package fee
  • $750 fee applies if you rate lock~ – learn more about rate lock
  • Early Repayment Adjustment and Administrative Fee may apply if additional repayments are over $10k in a fixed year,  switching or breaking your loan during fixed term
  • Additional fees may apply

What you’ll get

  • Wealth Package savings including an interest rate discount
  • Protected from interest rate rises during fixed term
  • Option to lock in our fixed rate with the rate lock feature at a fee of $750 – learn more about rate lock
  • Additional repayments up to $10k in a fixed year without incurring additional charges
  • Option to split loan (ERA may apply)

Trade-offs

  • No offset account
  • No redraw
  • Rate drops won’t apply to this loan during fixed term
  • No access to features like top ups
  • Charges may apply for additional repayments over $10k in a fixed year

Fees

  • $#_KEY_PACKAGE_FEE_# annual Wealth Package fee
  • $750 fee applies if you rate lock~ – learn more about rate lock
  • Early Repayment Adjustment and Administrative Fee may apply if additional repayments are over $10k in a fixed year,  switching or breaking your loan during fixed term
  • Additional fees may apply

What you'll get

  • Wealth Package savings including an interest rate discount
  • Protected from interest rate rises during fixed term
  • Option to lock in our fixed rate with the rate lock feature at a fee of $750 – learn more about rate lock
  • Additional repayments up to $10k in a fixed year without incurring additional charges
  • Option to split loan (ERA may apply)

Trade-offs

  • No offset account
  • No redraw
  • Rate drops won’t apply to this loan during fixed term
  • No access to features like top ups
  • Charges may apply for additional repayments over $10k in a fixed year

Fees

  • $#_KEY_PACKAGE_FEE_# annual Wealth Package fee
  • $750 fee applies if you rate lock~ – learn more about rate lock
  • Early Repayment Adjustment and Administrative Fee may apply if additional repayments are over $10k in a fixed year,  switching or breaking your loan during fixed term
  • Additional fees may apply

What you'll get

  • Wealth Package savings including an interest rate discount
  • Protected from interest rate rises during fixed term
  • Option to lock in our fixed rate with the rate lock feature at a fee of $750 – learn more about rate lock
  • Additional repayments up to $10k in a fixed year without incurring additional charges
  • Option to split loan (ERA may apply)

Trade-offs

  • No offset account
  • No redraw
  • Rate drops won’t apply to this loan during fixed term
  • No access to features like top ups
  • Charges may apply for additional repayments over $10k in a fixed year

Fees

  • $#_KEY_PACKAGE_FEE_# annual Wealth Package fee
  • $750 fee applies if you rate lock~ – learn more about rate lock
  • Early Repayment Adjustment and Administrative Fee may apply if additional repayments are over $10k in a fixed year,  switching or breaking your loan during fixed term
  • Additional fees may apply

What you'll get

  • Wealth Package savings including an interest rate discount
  • Protected from interest rate rises during fixed term
  • Option to lock in our fixed rate with the rate lock feature at a fee of $750 – learn more about rate lock
  • Additional repayments up to $10k in a fixed year without incurring additional charges
  • Option to split loan (ERA may apply)

Trade-offs

  • No offset account
  • No redraw
  • Rate drops won’t apply to this loan during fixed term
  • No access to features like top ups
  • Charges may apply for additional repayments over $10k in a fixed year

Fees

  • $#_KEY_PACKAGE_FEE_# annual Wealth Package fee
  • $750 fee applies if you rate lock~ – learn more about rate lock
  • Early Repayment Adjustment and Administrative Fee may apply if additional repayments are over $10k in a fixed year,  switching or breaking your loan during fixed term
  • Additional fees may apply

What you'll get

  • Protected from interest rate rises during fixed term
  • Option to lock in our fixed rate with the rate lock feature at a fee of $750 – learn more about rate lock
  • Additional repayments up to $10k in a fixed year without incurring additional charges
  • Option to split loan (ERA may apply)

Trade-offs

  • No Wealth Package savings or interest rate discounts
  • No offset account
  • No redraw
  • Rate drops won’t apply to this loan during fixed term
  • No access to features like top ups
  • Charges may apply for additional repayments over $10k in a fixed year

Fees

  • $#_KEY_ESTALISHMENT_FEE_# establishment fee
  • $#_KEY_ONGOING_FEE_# monthly loan service fee
  • $750 fee applies if you rate lock~ – learn more about rate lock
  • Early Repayment Adjustment and Administrative Fee may apply if  switching or breaking your loan
  • Additional fees may apply

What you'll get

  • Protected from interest rate rises during fixed term
  • Option to lock in our fixed rate with the rate lock feature at a fee of $750 – learn more about rate lock
  • Additional repayments up to $10k in a fixed year without incurring additional charges
  • Option to split loan (ERA may apply)

Trade-offs

  • No Wealth Package savings or interest rate discounts
  • No offset account
  • No redraw
  • Rate drops won’t apply to this loan during fixed term
  • No access to features like top ups
  • Charges may apply for additional repayments over $10k in a fixed year

Fees

  • $#_KEY_ESTALISHMENT_FEE_# establishment fee
  • $#_KEY_ONGOING_FEE_# monthly loan service fee
  • $750 fee applies if you rate lock~ – learn more about rate lock
  • Early Repayment Adjustment and Administrative Fee may apply if  switching or breaking your loan
  • Additional fees may apply

What you'll get

  • Protected from interest rate rises during fixed term
  • Option to lock in our fixed rate with the rate lock feature at a fee of $750 – learn more about rate lock
  • Additional repayments up to $10k in a fixed year without incurring additional charges
  • Option to split loan (ERA may apply)

Trade-offs

  • No Wealth Package savings or interest rate discounts
  • No offset account
  • No redraw
  • Rate drops won’t apply to this loan during fixed term
  • No access to features like top ups
  • Charges may apply for additional repayments over $10k in a fixed year

Fees

  • $#_KEY_ESTALISHMENT_FEE_# establishment fee
  • $#_KEY_ONGOING_FEE_# monthly loan service fee
  • $750 fee applies if you rate lock~ – learn more about rate lock
  • Early Repayment Adjustment and Administrative Fee may apply if  switching or breaking your loan
  • Additional fees may apply

What you'll get

  • Protected from interest rate rises during fixed term
  • Option to lock in our fixed rate with the rate lock feature at a fee of $750 – learn more about rate lock
  • Additional repayments up to $10k in a fixed year without incurring additional charges
  • Option to split loan (ERA may apply)

Trade-offs

  • No Wealth Package savings or interest rate discounts
  • No offset account
  • No redraw
  • Rate drops won’t apply to this loan during fixed term
  • No access to features like top ups
  • Charges may apply for additional repayments over $10k in a fixed year

Fees

  • $#_KEY_ESTALISHMENT_FEE_# establishment fee
  • $#_KEY_ONGOING_FEE_# monthly loan service fee
  • $750 fee applies if you rate lock~ – learn more about rate lock
  • Early Repayment Adjustment and Administrative Fee may apply if  switching or breaking your loan
  • Additional fees may apply

What you'll get

  • Protected from interest rate rises during fixed term
  • Option to lock in our fixed rate with the rate lock feature at a fee of $750 – learn more about rate lock
  • Additional repayments up to $10k in a fixed year without incurring additional charges
  • Option to split loan (ERA may apply)

Trade-offs

  • No Wealth Package savings or interest rate discounts
  • No offset account
  • No redraw
  • Rate drops won’t apply to this loan during fixed term
  • No access to features like top ups
  • Charges may apply for additional repayments over $10k in a fixed year

Fees

  • $#_KEY_ESTALISHMENT_FEE_# establishment fee
  • $#_KEY_ONGOING_FEE_# monthly loan service Fee
  • $750 fee applies if you rate lock~ – learn more about rate lock
  • Early Repayment Adjustment and Administrative Fee may apply if  switching or breaking your loan
  • Additional fees may apply

Calculators & guides

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