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FIXED RATE HOME LOAN

Why choose a Fixed Rate Loan with CommBank?

Get a loan and interest rate tailored for you and your situation.

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

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

Benefits of a Fixed Rate Home Loan

Certainty

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

Interest offset

Deposit your money into your offset facility so you may pay less interest with easy access to your money, available across all our fixed rate terms+.

Range of options

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

Fixed Rate Home Loan

2 year Fixed Package Rate*
(owner occupied)

Interest rate4.19%PA

Comparison Rate5.13%PA

2 year Fixed Package Rate*
(investment)

Interest rate4.44%PA

Comparison Rate5.39%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 standard 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

5.21% p.a.

2 year fixed (owner occupied)

4.19% p.a

Comparison rate

5.13% p.a.

3 year fixed (owner occupied)

4.29% p.a.

Comparison rate

5.10% p.a.

4 year fixed (owner occupied)

4.59% p.a.

Comparison rate

5.16% p.a.

5 year fixed (owner occupied)

4.59% p.a.

Comparison rate

5.14% p.a.

Standard Fixed Rate
(owner occupied)

Term

Comparison rate

1 year fixed (owner occupied)

4.54% p.a.

Comparison rate

5.41% p.a.

2 year fixed (owner occupied)

4.34% p.a.

Comparison rate

5.30% p.a.

3 year fixed (owner occupied)

4.44% p.a.

Comparison rate

5.25% p.a.

4 year fixed (owner occupied)

4.74% p.a.

Comparison rate

5.28% p.a.

5 year fixed (owner occupied)

4.74% p.a.

Comparison rate

5.24% p.a.

Term

Comparison rate

1 year fixed (investment)

4.79% p.a

Comparison rate

5.48% p.a.

2 year fixed (investment)

4.44% p.a

Comparison rate

5.39% p.a.

3 year fixed (investment)

4.54% p.a.

Comparison rate

5.36% p.a.

4 year fixed (investment)

4.99% p.a.

Comparison rate

5.47% p.a.

5 year fixed (investment)

4.89% p.a.

Comparison rate

5.42% p.a.

  • $0 establishment fee
  • $0 monthly loan service fee
  • $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

5.70% p.a.

2 year fixed (investment)

4.59% p.a.

Comparison rate

5.57% p.a.

3 year fixed (investment)

4.69% p.a.

Comparison rate

5.51% p.a.

4 year fixed (investment)

5.14% p.a.

Comparison rate

5.59% p.a.

5 year fixed (investment)

5.04% p.a.

Comparison rate

5.52% p.a.

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

Home loan calculators

With our borrowing power calculator, you can estimate how much you can borrow. You can also generate a personalised Key Fact Sheet based on your loan amount, term and repayments.

Use calculator

With our Home Loan Repayments Calculator, you can estimate what your repayments would be. You can also generate a personalised Key Fact Sheet based on your loan amount, term and repayments.

Use calculator

Estimate the total cost associated with buying a property, taking into consideration government costs, stamp duty, establishment fees and other financing costs, such as conveyancing fees.

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.

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

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

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

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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 would you like 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.

+ For the interest offset to apply there must be a minimum of $1,000 in the Mortgage Interest Saver Account.

~  Rate lock fee only available on 1-5 year periods. Applies to each Rate lock.

* Package requires $150,000 in total home lending, and an annual fee of $395 applies. 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 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.