Help & support
Waived establishment fee for First Home Buyers on Simple Home Loans
Limited time only^^
Learn more about Simple Home Loan >>
Save on interest while having the choice to link up to two Everyday offset accounts1
Unlimited additional repayments and redraws2 as well as the option to make Interest Only payments.3
Increase an existing home loan by $10,000 or more to get access to additional funds when you need them.
Eligible CommBank Yello customers can get up to $15 cashback on their loan service fee each month.4
Negotiate your rate with a Home Lending specialist when you apply for a Simple Home Loan.
The rates shown are interest rates for new borrowings with principal and interest repayments.**
Rates effective from 22 August 2025.
The product discount margin will vary depending on the Loan to Value ratio (LVR).
The rates shown are interest rates for Principal and Interest repayments.**
Rates effective from 22 August 2025.
Get the most from your home loan application process and book time with a Home Lending Specialist at a time and place that suits you.
Start your home loan or refinance application online and if eligible receive a conditional approval in minutes.
Split the cost of a home with family or friends, while keeping control of your finances. Available on most home loans.
Lenders’ Mortgage Insurance allows you to purchase a property with a smaller deposit so you can own your home sooner.
A family member can help you secure a home loan by mortgaging their own property as additional security.
Always know what your repayments will be with a locked-in rate.
A digital home loan with a low variable rate and access to one Everyday Offset account*. Only available online.
A variable rate with discounts tailored to you, plus access to offset and an extensive range of features.
To check your interest rate, log into NetBank or the CommBank app.
CommBank app:
NetBank:
Get help from Ceba in the CommBank app or connect with a specialist who can message you back. You’ll need CommBank app notifications turned on so you know when you’ve received a reply.
Was the information on this page useful?
Book instantly to speak to a Home Loan Specialist at a time that suits you.
Redraw, change your repayments or loan type to better meet your needs and more.
Fast-track your call, see expected wait times and connect with a specialist in the CommBank app.
Get instant help from our virtual assistant or chat to a specialist.
1 You can link 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'.
2 Minimum $1,000 withdrawal with a $0 Redraw fee over the counter at any Commonwealth Bank branch and no minimum electronically with a $0 Redraw fee. Redraw is dependent on having the required amount available in special repayments (extra repayments).
3 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 15 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.
4 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.
** 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 view our Home Loan Interest Rates.
* You can link one Everyday Offset account to each eligible Digi Home Loan. An Offset Feature fee will apply, see ‘Fees we charge for consumer mortgage lending products'.
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 or guaranteed Interest Only loans are based on an initial Interest Only period equal in length to the fixed or guaranteed 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.
Applications for finance are subject to the Bank’s normal credit approval. Full terms and conditions are included in the Loan Offer. Other fees and charges are payable.
The target market for this product will be found within the product’s Target Market Determination, available here.
^^$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.
## Following the RBA cash rate decision, and after considering all other relevant factors, we decreased our home loan variable interest rates by 0.25% p.a. from 22/08/2025. Interest rates also decreased on new Fixed Rate home loans with new 3 year Fixed Rate home loan interest rate decreasing by 0.15% p.a. for Owner Occupiers paying Principal & Interest on the Wealth Package from 22/08/2025.
