Your loan's rate, features and LVR against the lowest rate lenders publish for your LVR
Updated October 2026Built and checked by MaverickHow it's calculatedReport an error
Health score
15/100
0.87% above market
Annual saving available
$3,063
$15,316 over 5yrs
Current repayment
$2,800
vs market $2,545
LVR
64%
good position
Same loan size, repaid over the same term: different rates.
Rate is the heaviest weight: small percentage gaps compound to thousands per year.
Is your home loan still competitive? The health check compares your rate with the lowest and the median variable rates lenders publish for your LVR, read nightly from every lender's Consumer Data Right feed, and scores your LVR and how you use your offset, redraw and other features.
As of 7 November 2026, the lowest variable home loan rate is 5.93%, from SCCU's BROKER HOME LOAN, while the typical best across 104 institutions is 6.38%. The lowest 3-year fixed home loan rate is 6.24%, from Credit Union SA's 3-Year Fixed 40 Year Home Loan Package, while the typical best across 80 institutions is 6.69%. The RBA cash rate is 4.85%. Those are for an owner-occupier paying principal and interest at an 80% LVR.
James has a $520,000 loan at 6.6% with CBA, has offset but only $5,000 in it.
If the lowest published rate for his LVR is 5.9%, his rate is 0.7% above it, which costs about $2,708 a year in repayments. His offset holds only $5,000; every $40,000 kept there would save about $2,640 of interest a year at 6.6%.
Priya has $380,000 at 5.9% with an online lender, no offset or package.
If 5.9% is at or near the lowest published rate for her 66% LVR, there's little to gain from switching. An offset would save 5.9% a year on whatever savings she keeps in it, tax-free, so compare that with any extra fee for an offset product.