Updated April 2026 • RBA Cash Rate: 4.10%
Best Home Loan Rates Australia 2026
Compare the lowest home loan interest rates from Australia’s top lenders. Variable, fixed, first home buyer and investor rates — all in one place.
5.74%
Lowest Variable
5.69%
Lowest Fixed
4.10%
RBA Cash Rate
10
Lenders Compared
🏦 Compare Home Loan Rates
Updated: April 2026| Lender | Interest Rate | Comparison Rate* | Loan Type | Features |
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*Comparison rates are based on a $150,000 loan over 25 years. Rates are indicative only and subject to change. Always confirm current rates with the lender. Compare more rates at Lendi →
How to Find the Best Home Loan Rate in 2026
With the RBA cash rate at 4.10%, home loan variable rates range from around 5.74% to 6.5% depending on your lender, loan size, and LVR (loan-to-value ratio). Here’s what to focus on:
📊 Comparison Rate Matters
The comparison rate includes fees and gives a truer cost of the loan. A loan with 5.69% advertised but 6.21% comparison rate has significant ongoing fees.
🏠 LVR Affects Your Rate
Borrowing under 80% (20%+ deposit) typically gets the best rates and avoids Lenders Mortgage Insurance (LMI), which can cost $8,000–$30,000+.
🔄 Variable vs Fixed in 2026
With rate cuts expected in 2026, many economists recommend variable rates. Fixing locks you into a rate but protects against rises. Split loans give you both.
💡 Offset Accounts Save Thousands
An offset account linked to your mortgage reduces the interest charged. $50,000 in offset on a $500,000 loan saves you interest on $450,000 — thousands per year.
🔢 Calculate Your Repayments
Found a rate you’re interested in? Use our free calculators to work out exactly what your repayments would be, how much you can borrow, and whether buying makes sense for you.
Disclaimer: Rates shown are indicative and subject to change at any time. Comparison rates are based on a $150,000 loan over 25 years. Always confirm current rates with the lender. This is general information only and not financial advice. Sponsored: FinSight may earn a commission when you apply through our partner links. This doesn’t affect the rates shown.