A competitive variable rate home loan with access to offset and an extensive range of features.
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Comparison* | Applies to | Conditions | Source | Since |
|---|---|---|---|---|---|
| 7.08% | 7.15% | Variable · owner occupied · interest only · LVR 60% or less · $10,000–$99,999,999 | Package rate: an annual package fee usually applies | CDR | 1 Nov 2026 |
| 7.13% | 7.20% | Variable · owner occupied · interest only · LVR 60%–70% · $10,000–$99,999,999 | Package rate: an annual package fee usually applies | CDR | 1 Nov 2026 |
| 7.23% | 7.30% | Variable · owner occupied · interest only · LVR 70%–80% · $10,000–$99,999,999 | Package rate: an annual package fee usually applies | CDR | 1 Nov 2026 |
| 6.59% | 6.97% | Variable · owner occupied · principal and interest · LVR 60% or less · $10,000–$99,999,999 | Package rate: an annual package fee usually applies | CDR | 1 Nov 2026 |
| 6.64% | 7.01% | Variable · owner occupied · principal and interest · LVR 60%–70% · $10,000–$99,999,999 | Package rate: an annual package fee usually applies | CDR | 1 Nov 2026 |
| 6.74% | 7.11% | Variable · owner occupied · principal and interest · LVR 70%–80% · $10,000–$99,999,999 | Package rate: an annual package fee usually applies | CDR | 1 Nov 2026 |
| 7.04% | 7.41% | Variable · owner occupied · principal and interest · LVR 80%–90% · $10,000–$99,999,999 | Package rate: an annual package fee usually applies | CDR | 1 Nov 2026 |
| 7.99% | 8.35% | Variable · owner occupied · principal and interest · LVR 90%–95% · $10,000–$99,999,999 | Package rate: an annual package fee usually applies | CDR | 1 Nov 2026 |
*Comparison rates are calculated on a $150,000 secured loan over a term of 25 years. 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. Fees and charges are payable.
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Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://api.commbank.com.au/public/cds-au/v1/banking/products/f1d6fcc359804f3c9365d576c56356fc- Content hash
sha256 29b4a0041ce22d90714419582fc06ef1f1701fee6072e44e1a69281cdd000a95- Rule version
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Consumer Data Right product dataev_cdr_29b4a0041ce22d90_0d093306Show details
- Checked
- 1 Nov 2026
- URL
https://api.commbank.com.au/public/cds-au/v1/banking/products/f1d6fcc359804f3c9365d576c56356fc- Content hash
sha256 29b4a0041ce22d90714419582fc06ef1f1701fee6072e44e1a69281cdd000a95- Excerpt
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Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.
Fees
| Fee | Type | Amount |
|---|---|---|
| Settlement Fee | Event | $200.00 |
| Settlement Cheque Fee | Event | $30.00 |
| Late Payment Fee | Late payment | $20.00 |
| Settlement Fee (Discharge) | Event | $350.00 |
| Additional Security Fee | Event | $150.00 |
| Periodical Payments or Transfers | Variation | Set in your letter of offer |
| Progressive Drawing Fee | Event | $75.00 |
| Security Guarantee Fee | Event | $200.00 |
| Security Substitution Fee | Event | $300.00 |
| Stop Payment Notice Fee | Event | $15.00 |
| Voucher Fee | Enquiry | $12.00 |
| Trust Investigation Fee and UTC Clause 2.1 | Enquiry | Set in your letter of offer |
| Home Loan Package Fee | Periodic | $395.00 |
| Lenders' Mortgage Insurance/Low Deposit Premium | Other | Set in your letter of offer |
| Early Repayment Fee Payable on SVR and Base Variable Rate (approved before 1 November 1996) | Event | Set in your letter of offer |
| Annual Service Fee | Periodic | $33.00 |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Redraw | Your home loan comes with a fee-free redraw facility. You can make unlimited additional repayments at any time with no fees or penalties. You can access any additional money you pay, over and above your minimum required repayment. | |
| Offset | An Everyday Offset account is a transaction account that's linked to your Standard Variable Rate home loan or Investment home loan. Any money you put into your Everyday Offset account (e.g. your salary and savings) - whether its $2 or $20,000 - reduces the balance on which we charge interest. This means you'll only be paying interest on the difference. You can have multiple Everyday Offset accounts linked to one home loan. Only available for individual borrowers, not companies or trusts. | |
| Other | You can apply to top up your home loan by an additional $10,000 or more - subject to equity in your property and our approval. | |
| Other | Ability to switch your loan or repayment type, for example switching from a Standard Variable Rate to a Fixed Rate home loan or switch from Principal and Interest repayments to Interest Only payments. | |
| Other | Ability to split your loan balance into multiple loan accounts to take advantage of both fixed and variable rate home loans. This gives you the flexibility to structure your home loan to suit your individual needs by choosing the loan amount, loan type, loan term and repayment structure for each loan. | |
| Other | Enjoy home loan interest rate discounts, and waivers on certain fees (subject to eligibility criteria). To receive these benefits your home loan must be receiving Package benefits under the Wealth Package (non-broker customers only) or Mortgage Advantage (broker customers only). | |
| Extra repayments | Additional repayments can be made at any time. No fees apply. | |
| Digital banking | Wherever you are in the world, CommBank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want. | |
| Guarantor | A guarantor is someone who agrees to be responsible for repaying a debt owed to us under a loan provided to another individual or business, if the borrower(s) can't make their repayments. A guarantor supports the loan by providing us with additional security such as a property they own. By providing a guarantee, we may lend to the borrower in situations where they may not have been able to secure the full amount on their own. | |
| Other | This loan can be used for the purposes of owner occupied property purchases, refinancing your existing home loan, purchasing of vacant land (non-commercial), personal needs (e.g. home renovations, consolidation of personal debt, personal investments), off the plan purchases, bridging loan and building/construction purposes. | |
| Other | This loan cannot be used for business purposes | |
| Other | 1-30 years (Subject to our approval) | |
| Bonus rewards | 20000 | Earn up to 20,000 CommBank Yello points annually if you hold an eligible CommBank Home Loan. The earning and redemption of CommBank Yello points are subject to meeting the eligibility criteria, including holding an eligible transaction account, as well as the applicable CommBank Yello terms and conditions. |
| Bonus rewards | 100000 | 100,000 bonus CommBank Yello points when you digitally originate a new CommBank Home Loan. The earning and redemption of CommBank Yello points are subject to meeting the eligibility criteria, including holding an eligible transaction account, as well as the applicable CommBank Yello terms and conditions. |
| Eligibility: natural person | ||
| Eligibility: business | Non-trading Companies and/or Family/Unit/Hybrid Trusts. | |
| Eligibility: min age | 18 | Individuals (natural persons, including as Trustee of a Family Trust) must have the legal capacity to enter into the loan contract, provide acceptable identification documentation and be 18 years or older. |
| Eligibility: other | Applications for home loans are subject to the Bank's normal credit approval. | |
| Eligibility: residency status | CITIZEN, PERMANENT_RESIDENT | Individuals must either be living in Australia as an Australian citizen, New Zealand citizen, Australian permanent resident or specified temporary Australian resident; or be an overseas citizen co-borrowing with an Australian citizen or Australian permanent resident or be living overseas as an Australian citizen or Australian permanent resident. |
| Limit: opening balance | 10000.00 | |
| Limit: min limit | 250000.00 | |
| Limit: max lvr | 0.95 |
Rate history
| Rate | From | To | Rate p.a. | Comparison |
|---|---|---|---|---|
| Variable · owner occupied · principal and interest · LVR 70%–80% · $10,000–$99,999,999 | 1 Nov 2026 | Current | 6.74% | 7.11% |
| Variable · owner occupied · interest only · LVR 60% or less · $10,000–$99,999,999 | 1 Nov 2026 | Current | 7.08% | 7.15% |
| Variable · owner occupied · principal and interest · LVR 60% or less · $10,000–$99,999,999 | 1 Nov 2026 | Current | 6.59% | 6.97% |
| Variable · owner occupied · principal and interest · LVR 60%–70% · $10,000–$99,999,999 | 1 Nov 2026 | Current | 6.64% | 7.01% |
| Variable · owner occupied · interest only · LVR 60%–70% · $10,000–$99,999,999 | 1 Nov 2026 | Current | 7.13% | 7.20% |
| Variable · owner occupied · principal and interest · LVR 90%–95% · $10,000–$99,999,999 | 1 Nov 2026 | Current | 7.99% | 8.35% |
| Variable · owner occupied · interest only · LVR 70%–80% · $10,000–$99,999,999 | 1 Nov 2026 | Current | 7.23% | 7.30% |
| Variable · owner occupied · principal and interest · LVR 80%–90% · $10,000–$99,999,999 | 1 Nov 2026 | Current | 7.04% | 7.41% |
*Comparison rates are calculated on a $150,000 secured loan over a term of 25 years. 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. Fees and charges are payable.
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