Fixed home loan

  • Competitive rates and low fees
  • Fast approval times
  • Flexible home loan options 

3 year fixed rates from

% p.a.

Fixed rate

% p.a.

Comparison rate

Fixed rate home loans disclaimer (3 year)

3 year fixed rate° and comparison rate for basic owner-occupied home loans with principal and interest repayments**

Principal and interest repayments

Interest rate
Comparison rate
Interest rate
Comparison rate
1 year fixed rate°
≤ 70%6.65% pa6.22% pa6.65% pa6.44% pa
≤ 80%6.75% pa6.27% pa6.75% pa6.50% pa
≤ 95%6.99% pa7.19% pa6.99% pa7.41% pa
2 year fixed rate°
≤ 70%6.35% pa6.21% pa6.35% pa6.43% pa
≤ 80%6.39% pa6.25% pa6.39% pa6.48% pa
≤ 95%6.75% pa7.13% pa6.75% pa7.34% pa
3 year fixed rate°
≤ 70%6.25% pa6.20% pa6.25% pa6.42% pa
≤ 80%6.35% pa6.26% pa6.35% pa6.48% pa
≤ 95%6.75% pa7.09% pa6.75% pa7.30% pa
4 year fixed rate°
≤ 70%6.45% pa6.28% pa6.45% pa6.50% pa
≤ 80%6.49% pa6.32% pa6.49% pa6.55% pa
≤ 95%6.89% pa7.10% pa6.89% pa7.32% pa
5 year fixed rate°
≤ 70%6.45% pa6.30% pa6.45% pa6.52% pa
≤ 80%6.49% pa6.35% pa6.49% pa6.57% pa
≤ 95%6.89% pa7.08% pa6.89% pa7.30% pa

Note: Offset benefits are not available while the linked Loan Account is on a fixed rate of interest


Principal and interest repayments

Interest rate
Comparison rate
Interest rate
Comparison rate
1 year fixed rate°
≤ 70%6.75% pa6.41% pa6.75% pa6.63% pa
≤ 80%6.85% pa6.52% pa6.85% pa6.74% pa
≤ 90%7.15% pa7.30% pa7.15% pa7.52% pa
2 year fixed rate°
≤ 70%6.55% pa6.41% pa6.55% pa6.63% pa
≤ 80%6.65% pa6.51% pa6.65% pa6.74% pa
≤ 90%6.85% pa7.23% pa6.85% pa7.44% pa
3 year fixed rate°
≤ 70%6.55% pa6.42% pa6.55% pa6.65% pa
≤ 80%6.65% pa6.53% pa6.65% pa6.75% pa
≤ 90%6.85% pa7.19% pa6.85% pa7.40% pa
4 year fixed rate°
≤ 70%6.65% pa6.48% pa6.65% pa6.70% pa
≤ 80%6.75% pa6.59% pa6.75% pa6.81% pa
≤ 90%6.95% pa7.19% pa6.95% pa7.40% pa
5 year fixed rate°
≤ 70%6.65% pa6.50% pa6.65% pa6.72% pa
≤ 80%6.75% pa6.61% pa6.75% pa6.83% pa
≤ 90%6.95% pa7.16% pa6.95% pa7.38% pa

Note: Offset benefits are not available while the linked Loan Account is on a fixed rate of interest


Features and benefits

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Secure a great rate

Whether you're looking for certainty over the year or longer, lock in a competitive fixed rate with Macquarie today.

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Protection against rate rises

Have peace of mind knowing your interest repayments will not be impacted by possible interest rate rises during your fixed rate period.

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Flexible loan set up

Split your home loan into multiple accounts so you can take advantage of both fixed and variable interest rates, giving you flexibility to tailor your home loan.°


Variable rate home loans from

% p.a.

Interest rate*

% p.a.

Comparison rate

  • Flexibility to pay off your loan faster
  • Ability to make unlimited additional repayments
  • Option to add offset accounts to minimise interest
  • Flexibility to pay off your loan faster
  • Ability to make unlimited additional repayments
  • Option to add offset accounts to minimise interest

Applying online is easy

Submit your application in a few simple steps. Apply if you are 18 years or older and a permanent resident of Australia.


Get a quick quote

3 minutes

Answer a few simple questions and we’ll provide a tailored quote with your rate and repayments.


Continue to apply online

15 minutes

Provide information about you, your property, what you earn and what you owe.


Get an answer fast

Once you’ve submitted your application, one of our friendly banking specialists will review it and get in touch to answer any questions and guide you through the next steps.


Talk to a home loan specialist


Thanks for your enquiry. We’ll aim to contact you within one business day.

For some enquiries we will contact you via email only.

There has been an error. Please contact us.

If you're refinancing, request a call or contact us on 13 62 27 Monday to Friday 8am - 6pm (Sydney time).

For a faster response on your pre-approval enquiry, try our calculator to estimate your borrowing power and continue to apply online.

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By submitting this form, I acknowledge that I have read Macquarie Bank’s Privacy Statement and understand Macquarie Bank may use my personal information as outlined in the Statement.

Why Macquarie?

Settle for nothing less than great rates and low fees.

Save over the life of your home loan with access to great rates and no hidden fees or charges.

Turnaround times that won’t leave you wondering.

At Macquarie, we pride ourselves on having market-leading turnaround times so you can make your next move with confidence.

When it comes to your home loan, we’re flexible.

With fixed rates for more certainty, variable rates, and offset accounts to reduce the amount of interest you pay - you’ve got options.

An award-winning digital app.~

Plan your future, keep track of your investment, and stay in control. Managing your home loan has never been easier from the palm of your hand.

Frequently asked questions

To help you complete your home loan application, make sure you have the following information on hand:

  • documents relating to your income, including payslips or income statements
  • your existing home loan statements and contract if applicable
  • details of any debts you currently hold, including balances, limits and monthly repayments
  • access to your transaction history – this will help you determine your monthly living expenses such as groceries, utilities and insurances.
  • current email address and mobile phone number so you can safely use your account online and in Macquarie Mobile Banking
  • identity documents - some documents may need to be certified

LVR is the amount you need to borrow, calculated as a percentage of the value of your property. For example, if your loan amount is $400K and your property value is $500K, then your LVR is 80%.

Fixed rate home loans have an interest rate that is fixed for a set period of time (typically from one to five years). At the end of the fixed rate term, the loan will usually switch to a variable rate.

Variable rate home loans have an interest rate that can move up or down according to market forces, which impacts the amount of interest you pay.

Macquarie home loans are flexible and allow you to access both a fixed rate and variable rate for your loan. As a borrower, this means you can:

  • have the entirety your home loan at a variable rate
  • have the entirety of your home loan at a fixed rate
  • split your home loan into fixed and variable portions.

Splitting your loan between variable and fixed interest rates gives you flexibility to structure your loan to suit your circumstances. You can divide your home loan in a variety of ways, such as locking in a fixed interest rate portion and variable interest rate portion, to take advantage of a mix of rate types over the life of your loan.

Please note: You can’t have the entirety of your offset home loan assigned to a fixed rate. You must have at least $20k of your offset home loan assigned to a variable interest rate.

No, it’s not possible to have an offset account with a fixed rate home loan

If you would like a 100% fixed home loan, you’ll need to apply for the basic home loan

If there is a fixed and variable split loan under the offset package, then an offset account/s can only be linked to the variable loan split. Additional offset accounts can be opened for the fixed account once the fixed period is expired, and that loan account has reverted to a variable rate. Please note, company and trust borrowers can’t open additional offset accounts after the loan settles.

Additional information

This information is provided by Macquarie Bank Limited AFSL and Australian Credit Licence 237502 and does not take into account your objectives, financial situation or needs. You should consider whether it is appropriate for you. Lending criteria, fees and T&Cs apply.

The comparison rates are based on a loan for $150,000 and a term of 25 years. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.


Fixed rate loans may be subject to significant break costs. Please refer to your loan contract and terms for details of break costs applicable. At the end of the fixed rate period, the loan rate will revert to the variable interest rate detailed in your loan contract, as applicable at that time. Offset accounts cannot be linked to loan accounts with a fixed interest rate and you must have a variable rate loan account with a minimum balance of $20,000 to qualify for a fixed rate.


Rate applies for new home loans with principal and interest repayment fixed rate when you borrow up to 70% of the property value. Subject to change without notice.


The information in this calculator is by way of example only and is not a prediction or professional financial advice. Calculations are not forecasts, but may assist you in making your own projections. Subject to law, Macquarie will not be liable for any loss or damage caused by your use of the calculator. The information in the calculator does not constitute an offer to lend or imply the product is suitable for you.

Open up to 10 offset accounts per variable loan account if you have an individual or joint borrower home loan. Company and trust borrowers can open up to 4 offset accounts which must be opened at application. Offset accounts cannot be linked to fixed rate loan accounts. For split loans, with a fixed and variable rate portion, the variable rate loan account must have a minimum limit of $20,000 to qualify for an offset account.


Rate applies for new loans when you borrow up to 60% of the property value with a principal and interest repayment variable rate loan. Subject to change without notice. 


Approval is subject to Macquarie credit criteria and suitability assessment. Terms and conditions apply and are available upon request. Fees and charges apply. Allow up to 10 working days to process your application.


We don’t charge fees for card purchases or transactions made or processed outside Australia but others, such as the banks of international merchants, might.


Bank of the year – Digital, Money Magazine 2023.

Home loan information and interest rates are current as at 24 April 2024 for new loans only and are subject to change.