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FIXED RATE HOME LOAN

Benefits of a Fixed Rate Home Loan

Range of home loan options

Range of options

Choose from options to meet your needs, including interest in advance, rate lock and split loan.

Offset account

Interest offset

Depositing funds into your offset facility may help you save interest and gives you easy access to your money. Available across all our fixed rate terms.+

lock in your home loan rate

Certainty

Lock in a great rate so you know what your repayments will be and can plan with confidence.

Our featured rates

2 year Fixed Rate with Package*
(owner occupied)

Interest rate3.84%PA

Comparison Rate4.97%PA

2 year Fixed Rate with Package*
(investment)

Interest rate3.99%PA

Comparison Rate5.21%PA

Enjoy special discounts on loans, credit cards, everyday banking and insurance with our Wealth Package.

  • $395 annual package fee
  • Save 0.15% p.a. on Fixed Rates
  • $600 establishment fee waived
  • $8 monthly loan service fee waived.

Available on a range of fixed and standard variable rate home loans and Lines of Credit. Requires an initial total home lending of at least $150,000 with us.*

Apply for a home loan online and get a response in 60 seconds.

or

Already a customer banking online with us?

Save time by using your NetBank details.

Apply in NetBank

New customer or don't bank online with us?

Apply online

or

Make an appointment with a Home Lending Specialist.

or

Already a customer banking online with us?

Save time by using your NetBank details.

Make appointment in NetBank

New customer or don't bank online with us?

Make an appointment online

or

Interest rates and fees

Interest rates can be fixed for 1-5, or 7 years. At the end of the fixed rate period, the loan converts to a Standard Variable Rate (if owner occupied) or Investment Standard Variable Rate (if an investment loan), or you have the flexibility to choose a new fixed rate period.

Fixed Rate home loan interest rates and fees vary depending on whether or not you choose our Wealth Package.

Term

Comparison rate

1 year fixed (owner occupied)

4.39% p.a

Comparison rate

5.09% p.a.

2 year fixed (owner occupied)

3.84% p.a

Comparison rate

4.97% p.a.

3 year fixed (owner occupied)

3.89% p.a.

Comparison rate

4.91% p.a.

4 year fixed (owner occupied)

4.59% p.a.

Comparison rate

5.08% p.a.

5 year fixed (owner occupied)

3.99% p.a.

Comparison rate

4.83% p.a.

Fixed Rates
(owner occupied)

Term

Comparison rate

1 year fixed (owner occupied)

4.54% p.a.

Comparison rate

5.30% p.a.

2 year fixed (owner occupied)

3.99% p.a.

Comparison rate

5.13% p.a.

3 year fixed (owner occupied)

4.04% p.a.

Comparison rate

5.05% p.a.

4 year fixed (owner occupied)

4.74% p.a.

Comparison rate

5.20% p.a.

5 year fixed (owner occupied)

4.14% p.a.

Comparison rate

4.91% p.a.

Term

Comparison rate

1 year fixed (investment)

4.79% p.a

Comparison rate

5.36% p.a.

2 year fixed (investment)

3.99% p.a

Comparison rate

5.21% p.a.

3 year fixed (investment)

4.04% p.a.

Comparison rate

5.14% p.a.

4 year fixed (investment)

4.99% p.a.

Comparison rate

5.39% p.a.

5 year fixed (investment)

4.14% p.a.

Comparison rate

5.04% p.a.

  • $0 upfront establishment fee (usually $600)
  • $0 monthly loan service fee (usually $8)
  • $750 rate lock fee~
  • Additional savings on banking, investment and insurance services
Comparison rate warning

Term

Comparison rate

1 year fixed (investment)

4.94% p.a.

Comparison rate

5.58% p.a.

2 year fixed (investment)

4.14% p.a.

Comparison rate

5.38% p.a.

3 year fixed (investment)

4.19% p.a.

Comparison rate

5.28% p.a.

4 year fixed (investment)

5.14% p.a.

Comparison rate

5.51% p.a.

5 year fixed (investment)

4.29% p.a.

Comparison rate

5.13% p.a.

  • $600 upfront establishment fee
  • $8 monthly loan service fee
  • $750 rate lock fee.~
Comparison rate warning

Why choose CommBank?

Tailored rates

Tailored rates

Get a loan and interest rate tailored for you, bringing you the best deal for your situation.

expert advice

Expert lending support

Make confident decisions, with specialists who partner with you at every step.

anytime

Anywhere, anytime convenience

Manage your home loan and banking 24/7, with our CommBank app, NetBank or over the phone.

Home Loan Calculators

Enter your income and expenses to get an estimate of how much you may be able to borrow for a home loan.

Use calculator

Estimate what your future repayments would be based on how much you want to borrow and the term.

Use calculator

Estimate the total cost of buying a property, including government costs, stamp duty and other costs.

Use calculator

Borrowing options

Split the cost of a home with family or friends, while retaining individual control of your finances. Available on most home loans.

Learn more

Lenders’ Mortgage Insurance allows you to purchase a property with a smaller deposit, so you can own your home sooner.

Learn more

Benefit from significant savings on borrowing, everyday banking and insurance services, as a reward for banking with us.

Learn more

A family member can help you secure a home loan by mortgaging their own property as additional security.

Learn more

Apply for a loan without the financial statements or tax returns usually required, if you’re self-employed or a small business owner.

Learn more

Get the finance you need to buy a new property before you’ve settled on the sale of your existing one.

Learn more

We can help

Ready to apply or want to discuss your home loan needs?

or

Already a customer banking online with us?

Save time by using your NetBank details. 

Apply in NetBank

New customer or don't bank online with us?

Apply online

or

or

Already a customer banking online with us?

Save time by using your NetBank details. 

Make appointment in NetBank

New customer or don't bank online with us?

Make an appointment online

or

Important information

  • All comparison rates are calculated on the basis of secured credit of $150,000 over a 25 year term. 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.
  • 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 Mortgage Interest Saver Account offers partial offset (currently 1.5% p.a.) against Fixed Rate, excluding interest in advance.  For the interest offset to apply there must be a minimum balance of $1,000. 

~ Rate Lock allows you to lock in the interest rate for a period of 90 days effective from the date we process your request. Rate lock fee only available on 1-5 year periods. Applies to each Rate lock. Rate Lock is only available at application and a fee applies. At the end of the fixed rate period, the interest rate converts to the then current Standard Variable Rate, less any applicable package discount specified in your Loan Contract.

* Package requires $150,000 in total home lending, and an annual fee of $395 applies. Total home lending balance is the sum of the account balance of 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.