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Saving for a home

When you’re saving for a home, every little bit counts. Saving for a deposit can be hard work. It takes time to save and discipline to stay focused on your goal.

Sticking to a budget and starting a regular savings plan can help.

  • Try our budget planner to work out how much you spend each month and how much you can save
  • Choose a high interest savings account:
    • NetBank Saver is a high interest savings account with a great intro rate for new customers and instant access to your money 24/7
    • GoalSaver rewards you for saving regularly with a geat variable bonus rate
    • Compare our savings accounts
    • A Term Deposit provides a fixed return for the term you select, and since break costs can apply you may be less likely to dip into your savings
    • A Cash Investment account offers daily interest on balances of $10,000 or more with full access to your money

  • A house is likely to be your most valuable asset and needs protection
  • CommInsure offers a range of home and contents insurance you can tailor to your budget and lifestyle
  • You should also consider having the right insurance cover for yourself

Keep reading

Saving for a car

When saving for a new car, you will want to know how much you can reasonably save each month and how long it will take until you have the money you need.

Learn more

Saving for a holiday

Whether it’s a short break or the trip of a lifetime, careful saving is essential to ensure your holiday is as affordable as it is unforgettable.

Learn more

Saving for a marriage

Beginning married life drowning in money worries is not a great start, so have a look at our tips on how to get your big day without the big bills.

Learn more

Related products

Reach your savings goals faster thanks to a great variable rate.

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A high-interest online savings account that links to your CommBank transaction account.

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We offer 6-month pre-approval (subject to conditions) to help you with your home loan search.

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With the CommBank Property Guide App, you can get information on more than 95% of residential properties in Australia.

Learn more

Important information

The advice on this website has been prepared without considering your objectives, financial situation or needs. Before acting on the advice, please consider its appropriateness to your circumstances. Please view our Financial Services Guide.
Terms and conditions for the transaction, savings, Term Deposit and investment accounts mentioned are available online or from any branch of the Commonwealth Bank.

CommInsure is a registered business name of Commonwealth Insurance Limited (CIL) ABN 96 067 524 216 AFSL 235030, a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia.

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