Flexible Choice Owner Occupied

Home loansBank updated 12 Oct 2026

At a glance

Variable (owner occ. P&I): 7.24%7.29% comparison
Fixed: 1 yr 6.45%, 2 yrs 6.35%, 3 yrs 6.30%, 4 yrs 6.70%, 5 yrs 6.80%
Max LVR: 80%
Features: offset, redraw, extra repayments

How it compares

This home loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

Typical 6.38%

6%6.2%6.4%6.6%6.8%7%7.2%to 9.5%

This home loan: 7.24%Every other institution's lowest, 103 in all

Owner occupier, principal & interest, 80% LVR. One dot per institution, at its lowest variable home loan rate anyone can apply for; hover or tap a dot for its name.

Rate	This home loan	Best anywhere	Typical institution	Where it sits
Variable home loanOwner occupier, principal & interest, 80% LVR	7.24%	5.93%SCCU's BROKER HOME LOAN	6.38%of 104 institutions	95th lowest of 104, level with one other
1-year fixed home loanOwner occupier, principal & interest, 80% LVR	6.55%	5.99%Northern Inland Credit Union Ltd.'s Value Home Loan - Fixed 12M	6.59%of 82 institutions	36th lowest of 82
2-year fixed home loanOwner occupier, principal & interest, 80% LVR	6.45%	6.09%BankVic's Fixed Rate Home Loan - 2 years	6.62%of 84 institutions	21st lowest of 84, level with one other
3-year fixed home loanOwner occupier, principal & interest, 80% LVR	6.40%	6.24%Credit Union SA's 3-Year Fixed 40 Year Home Loan Package	6.69%of 80 institutions	8th lowest of 80
5-year fixed home loanOwner occupier, principal & interest, 80% LVR	6.90%	6.49%AMB Bank Product's 5 Year Fixed Rate Home Loan	6.89%of 63 institutions	33rd lowest of 63

Rates

Every rate bankWAW publishes for this home loan, 12 in all.

Variable and fixed, at 80% LVR

Owner occupier, principal and interest, the lowest rate for each

Variabletypical 6.38%7.24%
1 yr fixedtypical 6.59%6.55%
2 yrs fixedtypical 6.62%6.45%
3 yrs fixedtypical 6.69%6.40%
4 yrs fixed6.80%
5 yrs fixedtypical 6.89%6.90%

This home loanTypical lender's best

Type	Applies to	Term	Band	Rate	Comparison	Conditions
Fixed	Owner occupied, P&I	1 yr fixed	≤60% LVR	6.45%	6.98%	-
Fixed	Owner occupied, P&I	1 yr fixed	60–80% LVR	6.55%	6.99%	-
Fixed	Owner occupied, P&I	2 yrs fixed	≤60% LVR	6.35%	6.91%	-
Fixed	Owner occupied, P&I	2 yrs fixed	60–80% LVR	6.45%	6.93%	-
Fixed	Owner occupied, P&I	3 yrs fixed	≤60% LVR	6.30%	6.84%	-
Fixed	Owner occupied, P&I	3 yrs fixed	60–80% LVR	6.40%	6.87%	-
Fixed	Owner occupied, P&I	4 yrs fixed	≤60% LVR	6.70%	6.93%	-
Fixed	Owner occupied, P&I	4 yrs fixed	60–80% LVR	6.80%	6.97%	-
Fixed	Owner occupied, P&I	5 yrs fixed	≤60% LVR	6.80%	6.95%	-
Fixed	Owner occupied, P&I	5 yrs fixed	60–80% LVR	6.90%	7.00%	-
Introductory	Owner occupied, P&I	3 yrs intro	1–80% LVR	6.49%	7.07%	-
Variable	Owner occupied, P&I	-	1–80% LVR	7.24%	7.29%	-

Rate changes

13 changes logged, newest first.

Date	Rate	Was	Now	Change
13 Oct 2026	Fixed, Owner occupied, P&I, 5 yrs fixed, ≤60% LVR	6.58%	6.80%	up 0.22
12 Oct 2026	Fixed, Owner occupied, P&I, 1 yr fixed, ≤60% LVR	6.20%	6.45%	up 0.25
12 Oct 2026	Fixed, Owner occupied, P&I, 1 yr fixed, 60–80% LVR	6.30%	6.55%	up 0.25
12 Oct 2026	Fixed, Owner occupied, P&I, 2 yrs fixed, ≤60% LVR	6.10%	6.35%	up 0.25
12 Oct 2026	Fixed, Owner occupied, P&I, 2 yrs fixed, 60–80% LVR	6.20%	6.45%	up 0.25
12 Oct 2026	Fixed, Owner occupied, P&I, 3 yrs fixed, ≤60% LVR	6.05%	6.30%	up 0.25
12 Oct 2026	Fixed, Owner occupied, P&I, 3 yrs fixed, 60–80% LVR	6.15%	6.40%	up 0.25
12 Oct 2026	Fixed, Owner occupied, P&I, 4 yrs fixed, ≤60% LVR	6.45%	6.70%	up 0.25
12 Oct 2026	Fixed, Owner occupied, P&I, 4 yrs fixed, 60–80% LVR	6.55%	6.80%	up 0.25
12 Oct 2026	Fixed, Owner occupied, P&I, 5 yrs fixed, ≤60% LVR	6.55%	6.58%	up 0.03
12 Oct 2026	Fixed, Owner occupied, P&I, 5 yrs fixed, 60–80% LVR	6.65%	6.90%	up 0.25
12 Oct 2026	Introductory, Owner occupied, P&I, 3 yrs intro, 1–80% LVR	6.24%	6.49%	up 0.25
12 Oct 2026	Variable, Owner occupied, P&I, 1–80% LVR	6.99%	7.24%	up 0.25

Each change is logged the night it appears in the rates bankWAW publishes. See how every lender answered the RBA on the rate tracker.

Fees

11 fees published, grouped by when they're charged.

When you take it outUp to $3002 fees, each listed below
While you hold it$6LOAN_OFFSET_SERVICE_FEE
When you close it or pay it offNo fee published

When you take it out2

FIXED_RATE_LOCK_IN_FEE
borrowed amount
0.00% of balance
LOAN_SUBSTITUTION_OF_PROPERTY_MORTGAGE_FEE
$300

While you hold it1

LOAN_OFFSET_SERVICE_FEE
$6

When you make a transaction4

LOAN_LEGAL_FEES,_VALUATIONS,_SURVEYS,_AND_SETTLEMENT_FEES
No fee
LOAN_VALUATION_FEE
No fee
LOAN_REDRAW_FACILITY_FEE_ONLINE
$10
LOAN_REDRAW_FACILITY_FEE_OVER_COUNTER
$20

When particular things happen4

HOME_LOAN_APPLICATION_FEE_-_NEW_APPLICATIONS
$600
HOME_LOAN_TOP_UP_FEE_____EXISTING_LOAN
$300
LOAN_DISCHARGE_FEE_____REGISTRATION_OR_SETTLEMENT
Plus out of pocket expenses
$250
LOAN_VARIATION_FEE
$600

Features

Offset accountRedrawExtra repayments

Eligibility and limits

Minimum age 18
Amount $45,000 to $3,500,000

Compare it with others

All home loans Other bankWAW home loans Everything bankWAW publishes

Put this product through a calculator

Published by bankWAW under the Consumer Data Right, last changed by them on 12 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.