Variable Rate Home Loans
Get one of the lowest home loan rates on the market.
Our home loans
- Discounted home loan rate
- Offset sub-account available for +0.10%^
- 10% deposit minimum
- Discounted green home loan rate
- Offset sub-account available at no added cost
- 10% deposit minimum
- Discounted solar home loan rate
- Offset sub-account available for +0.10%^
- 10% deposit minimum
- Low rate home loan
- Offset sub-account available for +0.10%^
- 20% deposit minimum
- $5,000 interest free Visa debit card
- Unlimited free redraw
- 20% deposit minimum
What is a variable rate home loan?
A variable rate home loan means your interest rate may change and either reduce or increase based on market conditions. Getting a variable rate also means you can make extra repayments on top of your scheduled instalments with no penalty. By doing so on a regular basis, you could cut down the length of your mortgage, reducing the overall amount of interest you'll need to pay.
At loans.com.au, we give our customers the option to add an offset sub-account to their variable rate home loans meaning you can save on interest charged on your home loan, and potentially shave years off your home loan.
Get started
Apply for a variable rate home loan online today. Or, one of our friendly lending specialist can do the hard work for you and manage your paperwork over the phone.
Either way, we can settle your loan quickly so you can start saving thousands sooner.
Variable rates for all borrowers
We offer low variable home loan rates for all types of borrowers.
Whether you are looking to buy your own home, refinance your investment property loan, or are even looking to build an energy efficient ‘green’ home, we have low variable rates to suit.
Variable rates
Our owner occupied variable rates
Owner Occupier
Principal & Interest
Home Loan
Initial rate p.a
Comp rate p.a.*
Home Loan
Variable rate p.a
Comp rate p.a.*
Home Loan
Variable rate p.a
Comp rate p.a.*
Interest Only
Home Loan
Variable rate p.a
Comp rate p.a.*
Our investor variable rates
Investor
Principal & Interest
Investor
Home Loan
Initial rate p.a
Comp rate p.a.*
Investor
Variable rate p.a
Comp rate p.a.*
Interest Only
Investor
Home Loan
Variable rate p.a
Comp rate p.a.*
Investor
Variable rate p.a
Comp rate p.a.*
Find your next home loan
For 10 years, we've been helping Aussies into their dream homes and saving them thousands. Find the right loan for you today so you can start saving too.
Want to see more home loan options? Compare our home loans
Why choose a variable rate home loan?
Make extra repayments
If you opt for variable instead of a fixed rate loan, you have the flexibility to make extra repayments and get ahead on your mortgage repayments.
Save on interest with an offset sub-account
You’ll also have the option to add an offset sub-account to your loan. For every dollar that’s in your offset sub-account instead of your home loan account, you won’t be charged interest on that amount, saving you money in the process.
Option to redraw funds
With variable rate home loans, you also have the option to redraw funds at your convenience, with some loans allowing for unlimited redraws.
Option to split with a fixed rate
If you’re not sure whether you want a variable rate home loan or a fixed home loan, why not have both? Get a split home loan, where a portion of your loan will be fixed and a portion will be variable, giving you the best of both worlds.
Borrow up to 90% LVR
Borrowers with a larger deposit will be rewarded with lower rates, but we can help with up to 90% LVR, or a deposit of 10% of the property’s value.
Make extra repayments
If you opt for variable instead of a fixed rate loan, you have the flexibility to make extra repayments and get ahead on your mortgage repayments.
Save on interest with an offset sub-account
You’ll also have the option to add an offset sub-account to your loan. For every dollar that’s in your offset sub-account instead of your home loan account, you won’t be charged interest on that amount, saving you money in the process.
Option to redraw funds
With variable rate home loans, you also have the option to redraw funds at your convenience, with some loans allowing for unlimited redraws.
Option to split with a fixed rate
If you’re not sure whether you want a variable rate home loan or a fixed home loan, why not have both? Get a split home loan, where a portion of your loan will be fixed and a portion will be variable, giving you the best of both worlds.
Borrow up to 90% LVR
Borrowers with a larger deposit will be rewarded with lower rates, but we can help with up to 90% LVR, or a deposit of 10% of the property’s value.
Join our other loans.com.au customers
“Great customer service, thanks Ray!„
“Ray was simply amazing! He took on my crazy timing request and helped drive the process to conclusion. Took some of the stress out of purchasing a property!„
“Incredible company that has 10/10 customer service. Quick efficient and friendly!.„
“Ray couldn’t have made the process of refinancing any easier for us. Would highly recommend.„
“Excellent People, Cheap rates, fast process. I had to arrange finance in 2 weeks and they sorted it out. Rena has been extremely helpful.„
“Had full formal approval within 10 days from applying online. Hassle free, transparent and above all else a really competitive interest rate. Thanks all for making an incredibly stressful and high stakes event so seamless. HIGHLY recommend!„
“Brilliant service, timely manner for response and a quick turn around in approval. Will definitely be recommending.„
“I can not thank Ray Glowaski enough from the very start Ray was extremely helpful right through to my approval he even followed up with a congratulations call. Thank you, Ray and thank you First Mac highly recommended 👍👍„
“Ray has been so helpful, professional and most of all prompt especially as time was of the essence. Ray's experience in this field is evident by the way he guided me through the process to obtain finance. I love that I could upload my docs which made the process quicker.„
“Quick and easy settlement with good online portal for document submission and clear instructions as to what documents are required.„
“Easy to deal with, friendly staff, talk with real people from first phone call.Extremely happy.„
“Straightforward and pain free process from start to finish. Very helpful and knowledgeable staff. So easy to deal with.„
Frequently asked questions
Our home loan application process
Apply online
Simply fill out your application online by entering some of your details, or chat to one of our friendly lending specialists over the phone and they can complete your application for you.
Goodbye paperwork
After your application is complete, use our system we call onTrack on your desktop or device to add your documentation such as payslips and bank statements, and track the progress of your application.
Settle & save
Your loan will settle and you'll start saving with your new low rate, and get your keys to your new dream home!
loans.com.au
What is a discount variable rate?
When looking to purchase your first property, one of the most important factors to consider will be what kind of home loan you decide to choose. Educating yourself on the different kinds of available home loans and their features will help to make the decision-making process a lot easier.
loans.com.au
What is a variable rate home loan?
When it comes to getting a home loan, you’ll usually have two options to choose from: a fixed rate home loan or a variable rate home loan. Find out here which is best suitable for you.
home loans
Benefits of home loans with unlimited additional repayments
Splitting your home loan lets you reap the benefits of a variable rate where you can make additional repayments and get access to your offset sub-account.
How do interest rates affect my home loan?
Benefits of a split home loan
What can I do to customise my loan?
How often do variable home loan rates change?
Understanding home loan interest rates
