The Finance Algorithm
Mortgage Choice Freedom logoMortgage Choice Freedom

Mortgage Choice Freedom Flex

Variable-rate home loan with 100% offset (up to 10 sub-accounts), free redraw, and split-loan capability. Includes Drop Your Rate automatic rate reductions as LVR drops, and Automatic Rate Match for existing customers.

Home loansLender updated 9 Oct 2026
Apply at Mortgage Choice Freedom ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Variable (owner occ. P&I)
6.54%6.54% comparison
Variable (investor P&I)
6.59%
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.

This home loan: 6.69%Every other institution's lowest, 101 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.

RateThis home loanBest anywhereTypical institutionWhere it sits
Variable home loanOwner occupier, principal & interest, 80% LVR6.69%5.69%AAA Financial Corporation's Portfolio Loan6.36%of 102 institutions82nd lowest of 102
Investor variable home loanInvestment, principal & interest, 80% LVR6.74%5.69%AAA Financial Corporation's Portfolio Loan6.58%of 102 institutions68th lowest of 102, level with one other

Rates

Every rate Mortgage Choice Freedom publishes for this home loan, 16 in all.

Variable rate by LVR

Owner occupier, principal and interest, the lowest rate published for each band of the loan's share of the property's value

  1. ≤50%6.54%
  2. 50–60%6.59%
  3. 60–70%6.64%
  4. 70–80%6.69%
Variable rate for the band
TypeApplies toTermBandRateComparisonConditions
VariableInvestment, Interest only-≤50% LVR6.74%6.65%-
VariableInvestment, Interest only-50–60% LVR6.79%6.69%-
VariableInvestment, Interest only-60–70% LVR6.84%6.73%-
VariableInvestment, Interest only-70–80% LVR6.89%6.78%-
VariableInvestment, P&I-≤50% LVR6.59%6.59%-
VariableInvestment, P&I-50–60% LVR6.64%6.62%-
VariableInvestment, P&I-60–70% LVR6.69%6.66%-
VariableInvestment, P&I-70–80% LVR6.74%6.70%-
VariableOwner occupied, Interest only-≤50% LVR6.79%6.65%-
VariableOwner occupied, Interest only-50–60% LVR6.79%6.66%-
VariableOwner occupied, Interest only-60–70% LVR6.84%6.71%-
VariableOwner occupied, Interest only-70–80% LVR6.89%6.75%-
VariableOwner occupied, P&I-≤50% LVR6.54%6.54%-
VariableOwner occupied, P&I-50–60% LVR6.59%6.57%-
VariableOwner occupied, P&I-60–70% LVR6.64%6.61%-
VariableOwner occupied, P&I-70–80% LVR6.69%6.65%-

Rate changes

16 changes logged, newest first.

DateRateWasNowChange
13 Oct 2026Variable, Investment, Interest only, ≤50% LVR6.49%6.74%up 0.25
13 Oct 2026Variable, Investment, Interest only, 50–60% LVR6.54%6.79%up 0.25
13 Oct 2026Variable, Investment, Interest only, 60–70% LVR6.59%6.84%up 0.25
13 Oct 2026Variable, Investment, Interest only, 70–80% LVR6.64%6.89%up 0.25
13 Oct 2026Variable, Investment, P&I, ≤50% LVR6.34%6.59%up 0.25
13 Oct 2026Variable, Investment, P&I, 50–60% LVR6.39%6.64%up 0.25
13 Oct 2026Variable, Investment, P&I, 60–70% LVR6.44%6.69%up 0.25
13 Oct 2026Variable, Investment, P&I, 70–80% LVR6.49%6.74%up 0.25
13 Oct 2026Variable, Owner occupied, Interest only, ≤50% LVR6.54%6.79%up 0.25
13 Oct 2026Variable, Owner occupied, Interest only, 50–60% LVR6.54%6.79%up 0.25
13 Oct 2026Variable, Owner occupied, Interest only, 60–70% LVR6.59%6.84%up 0.25
13 Oct 2026Variable, Owner occupied, Interest only, 70–80% LVR6.64%6.89%up 0.25
13 Oct 2026Variable, Owner occupied, P&I, ≤50% LVR6.29%6.54%up 0.25
13 Oct 2026Variable, Owner occupied, P&I, 50–60% LVR6.34%6.59%up 0.25
13 Oct 2026Variable, Owner occupied, P&I, 60–70% LVR6.39%6.64%up 0.25
13 Oct 2026Variable, Owner occupied, P&I, 70–80% LVR6.44%6.69%up 0.25

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

Fees

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

  1. When you take it outVaries2 fees, each listed below
  2. While you hold itVaries2 fees, each listed below
  3. When you close it or pay it offNo feeDischarge Fee

When you take it out2

  • Application Fee
    No fee
  • Valuation Fee
    No fee

While you hold it2

  • Offset Account Fee
    No fee
  • Ongoing Fee
    No fee

When you make a transaction2

  • Redraw Fee
    No fee
  • Split Loan Fee
    No fee

When you close it or pay it off1

  • Discharge Fee
    No fee

Features

Offset accountRedrawExtra repaymentsDigital banking
  • Drop Your Rate — automatic rate reduction as LVR drops to next tier
  • Automatic Rate Match — existing customers receive the same rate as new customers on a like-for-like variable loan

Eligibility and limits

  • Minimum age 18
  • Residency: Australian citizen or permanent resident
  • Available to individuals
  • Amount $100,000 to $3,000,000
  • Maximum LVR 80%
  • Lending criteria and T&Cs apply

Published by Mortgage Choice Freedom under the Consumer Data Right, last changed by them on 9 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.