Fixed home loan

1 year fixed rates from

% p.a.

Fixed rate

% p.a.

Comparison rate

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

Principal and interest repayments

LVR# Basic
Interest rate
Comparison rate
Interest rate
Comparison rate
1 year fixed rate°
≤ 70% 3.59% pa 2.54% pa 3.59% pa 2.81% pa
≤ 80% 3.65% pa 2.59% pa 3.65% pa 2.86% pa
≤ 95% 4.39% pa 3.36% pa 4.39% pa 3.62% pa
2 year fixed rate°
≤ 70% 4.45% pa 2.78% pa 4.45% pa 3.05% pa
≤ 80% 4.49% pa 2.83% pa 4.49% pa 3.10% pa
≤ 95% 5.29% pa 3.62% pa 5.29% pa 3.87% pa
3 year fixed rate°
≤ 70% 4.79% pa 3.02% pa 4.79% pa 3.29% pa
≤ 80% 4.85% pa 3.08% pa 4.85% pa 3.34% pa
≤ 95% 5.59% pa 3.86% pa 5.59% pa 4.11% pa
4 year fixed rate°
≤ 70% 4.95% pa 3.25% pa 4.95% pa 3.51% pa
≤ 80% 4.99% pa 3.30% pa 4.99% pa 3.56% pa
≤ 95% 5.75% pa 4.09% pa 5.75% pa 4.34% pa
5 year fixed rate°
≤ 70% 5.05% pa 3.47% pa 5.05% pa 3.73% pa
≤ 80% 5.09% pa 3.52% pa 5.09% pa 3.77% pa
≤ 95% 5.85% pa 4.31% pa 5.85% pa 4.55% pa

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


Principal and interest repayments

LVR# Basic
Interest rate
Comparison rate
Interest rate
Comparison rate
1 year fixed rate°
≤ 70% 3.79% pa 2.74% pa 3.79% pa 3.01% pa
≤ 80% 3.89% pa 2.84% pa 3.89% pa 3.11% pa
≤ 90% 4.65% pa 3.60% pa 4.65% pa 3.86% pa
2 year fixed rate°
≤ 70% 4.65% pa 2.98% pa 4.65% pa 3.25% pa
≤ 80% 4.75% pa 3.08% pa 4.75% pa 3.35% pa
≤ 90% 5.55% pa 3.86% pa 5.55% pa 4.12% pa
3 year fixed rate°
≤ 70% 4.99% pa 3.23% pa 4.99% pa 3.49% pa
≤ 80% 5.09% pa 3.33% pa 5.09% pa 3.59% pa
≤ 90% 5.85% pa 4.11% pa 5.85% pa 4.36% pa
4 year fixed rate°
≤ 70% 5.15% pa 3.46% pa 5.15% pa 3.72% pa
≤ 80% 5.25% pa 3.56% pa 5.25% pa 3.82% pa
≤ 90% 5.99% pa 4.34% pa 5.99% pa 4.58% pa
5 year fixed rate°
≤ 70% 5.25% pa 3.68% pa 5.25% pa 3.93% pa
≤ 80% 5.35% pa 3.78% pa 5.35% pa 4.03% pa
≤ 90% 6.09% pa 4.56% pa 6.09% pa 4.80% pa

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


Features and benefits

Secure a great rate

Safeguard against possible interest rate rises with a fixed interest rate on your home loan. Locking in a fixed rate today could save you money on interest repayments in the future.

Budget with confidence

Have peace of mind knowing your repayments will stay the same throughout the fixed interest term, making it easier to budget and manage your cash flow.

Interest rate discount   

Don’t get stung with a high variable rate at the end of your fixed term. With a Macquarie fixed interest rate, you’ll roll off onto a competitive variable rate when your fixed interest rate term ends.

Why Macquarie?

Fast turnaround times

With a straightforward application process and fast turnaround times, you'll get a timely response on the status of your loan.

Flexible loan options

Tailor your loan with options such as splitting between variable and fixed interest rates, adding an offset account, or our low fee basic home loan.

Exceptional service

We'll keep you informed and up to date throughout the process. And if you need any help along the way, our home loan specialists are available to answer any questions.

home with dollar

Great rates and low fees

Macquarie home loans are built on great value. Our competitive rates and low fees help you pay off your home loan faster.

Talk to a home loan specialist

Our team of dedicated home loan specialists are ready to talk through your home loan needs.

Thank you. We'll contact you shortly.
There has been an error. Please contact us.
We know you're busy so leave your details and we'll call you back.

By submitting this enquiry, I acknowledge that I have read the Macquarie Group privacy policy, and understand that Macquarie will use my personal information to contact me in relation to my enquiry, and for other general marketing purposes.

You can change your marketing preferences by telephoning Macquarie on 1800 806 310 or customising your preferences with the unsubscribe link included in our marketing communications. Please note that all of our calls are recorded. If you do not want your call to be recorded, please advise the Macquarie staff member.

Additional information

This information is provided by Macquarie Bank 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.


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.


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.

Home loan information and interest rates are current as at 13 May 2022 for new loans only and are subject to change.


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.


You must be a member of the Qantas program to earn and redeem Qantas Points. A joining fee usually applies, however MBL has arranged for this to be waived if you are a new applicant for a home loan that includes a flyer feature and you apply for membership online at Membership and the earning and redemption of Qantas Points are subject to the Qantas terms and conditions available at Qantas Points, offered by Macquarie Bank Limited (MBL), accrue and will be credited to your Qantas account in accordance with your Home Loan terms and conditions. You may not earn Qantas Points if you are in arrears or default under your loan agreement, or during the construction period of a loan. Macquarie is not responsible for the administration of the Qantas program. Qantas Airways Limited remains at all times solely responsible for the administration of the Qantas program. Qantas has made no enquiries as to the accuracy of the Macquarie products or services described, and is not responsible for errors or omissions.


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.