A simple home loan with a competitive variable rate and the choice to access two Everyday Offset Accounts.
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 |
|---|---|---|---|---|---|
| 7.05% | 7.04% | Variable · investment · interest only · LVR 60% or less | CDR | 1 Nov 2026 | |
| 7.10% | 7.09% | Variable · investment · interest only · LVR 60%–70% | CDR | 1 Nov 2026 | |
| 7.20% | 7.19% | Variable · investment · interest only · LVR 70%–80% | CDR | 1 Nov 2026 | |
| 7.55% | 7.54% | Variable · investment · interest only · LVR 80%–90% | CDR | 1 Nov 2026 | |
| 6.79% | 6.92% | Variable · investment · principal and interest · LVR 60% or less | CDR | 1 Nov 2026 | |
| 6.84% | 6.97% | Variable · investment · principal and interest · LVR 60%–70% | CDR | 1 Nov 2026 | |
| 6.94% | 7.07% | Variable · investment · principal and interest · LVR 70%–80% | CDR | 1 Nov 2026 | |
| 7.29% | 7.42% | Variable · investment · principal and interest · LVR 80%–90% | CDR | 1 Nov 2026 | |
| 8.09% | 8.22% | Variable · investment · principal and interest · LVR 90%–95% | 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/96b471de2e5e48328201abb352d0ed98- Content hash
sha256 2b1888ade882a7762a0a2578679bffe4144899c8e68e73f5e2feb477ebb4f4af- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_2b1888ade882a776_45ef31feShow details
- Checked
- 1 Nov 2026
- URL
https://api.commbank.com.au/public/cds-au/v1/banking/products/96b471de2e5e48328201abb352d0ed98- Content hash
sha256 2b1888ade882a7762a0a2578679bffe4144899c8e68e73f5e2feb477ebb4f4af- Excerpt
- —
- Rule version
mapper@0.1.2
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 |
|---|---|---|
| Establishment Fee | Upfront | Set in your letter of offer |
| Loan Service Fee | Periodic | $10.00 |
| 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 |
| Security Guarantee Fee | Event | $200.00 |
| Security Substitution Fee | Event | $300.00 |
| Stop Payment Notice Fee | Event | $15.00 |
| Voucher Fee | Enquiry | Set in your letter of offer |
| Lenders' Mortgage Insurance/Low Deposit Premium | Other | Set in your letter of offer |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Extra repayments | Additional repayments can be made at any time. No fees apply. | |
| Offset | An Everyday Offset Account is a transaction account that's linked to your Simple Home Loan or Investment Home Loan. Any money you put into your Everyday Offset Account (e.g. your salary and savings) reduces the balance on which we charge interest. This means you'll only be paying interest on the difference. You can have up to two Everyday Offset Accounts linked to one Simple Home Loan. Only available for individual borrowers, not companies or trusts. | |
| 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. | |
| 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 Simple Variable Rate to a Fixed Rate home loan or switch from Principal and Interest repayments to Interest Only payments. | |
| 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 investment property purchases, refinancing your existing home loan,personal needs and personal investments other than cryptocurrency or digital assets and off the plan purchases. | |
| Other | This loan cannot be used for business purposes, purchasing of vacant land , bridging loan and building/construction purposes. | |
| Other | 1-30 years (Subject to our approval) | |
| 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 | Available to Individuals only (Companies and/or Family/Unit/Hybrid Trusts are excluded). | |
| Eligibility: min age | 18 | Individuals must be 18 years of age or above. |
| 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: min balance | 1000.00 | |
| Limit: min limit | 10000.00 | |
| Limit: max lvr | 0.95 |
Rate history
| Rate | From | To | Rate p.a. | Comparison |
|---|---|---|---|---|
| Variable · investment · principal and interest · LVR 60%–70% | 1 Nov 2026 | Current | 6.84% | 6.97% |
| Variable · investment · principal and interest · LVR 90%–95% | 1 Nov 2026 | Current | 8.09% | 8.22% |
| Variable · investment · principal and interest · LVR 70%–80% | 1 Nov 2026 | Current | 6.94% | 7.07% |
| Variable · investment · interest only · LVR 70%–80% | 1 Nov 2026 | Current | 7.20% | 7.19% |
| Variable · investment · interest only · LVR 60% or less | 1 Nov 2026 | Current | 7.05% | 7.04% |
| Variable · investment · interest only · LVR 60%–70% | 1 Nov 2026 | Current | 7.10% | 7.09% |
| Variable · investment · principal and interest · LVR 80%–90% | 1 Nov 2026 | Current | 7.29% | 7.42% |
| Variable · investment · interest only · LVR 80%–90% | 1 Nov 2026 | Current | 7.55% | 7.54% |
| Variable · investment · principal and interest · LVR 60% or less | 1 Nov 2026 | Current | 6.79% | 6.92% |
*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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