Fixed rate home loans disclaimer (3 year)
For 2 year fixed basic owner-occupied home loans with principal and interest repayments**
Fixed home loan
- Competitive rates and low fees
- Fast approval times
- Flexible home loan options
2 year fixed rates from
5.19
%
p.a.
Interest rate
5.58
%
p.a.
Comparison rate‡
- Owner occupied rates
- Investment property rates
Principal and interest repayments
| LVRⓘ | Basic Interest rate | Basic Comparison rate‡ | Offset Interest rate | Offset Comparison rate‡ |
|---|---|---|---|---|
| 1 year fixed rate° | ||||
| ≤ 70% | 5.29% pa | 5.63% pa | 5.29% pa | 5.86% pa |
| ≤ 80% | 5.39% pa | 5.68% pa | 5.39% pa | 5.91% pa |
| ≤ 95% | 5.65% pa | 6.61% pa | 5.65% pa | 6.83% pa |
| 2 year fixed rate° | ||||
| ≤ 70% | 5.19% pa | 5.58% pa | 5.19% pa | 5.81% pa |
| ≤ 80% | 5.29% pa | 5.64% pa | 5.29% pa | 5.87% pa |
| ≤ 95% | 5.79% pa | 6.54% pa | 5.79% pa | 6.76% pa |
| 3 year fixed rate° | ||||
| ≤ 70% | 5.19% pa | 5.54% pa | 5.19% pa | 5.77% pa |
| ≤ 80% | 5.29% pa | 5.60% pa | 5.29% pa | 5.83% pa |
| ≤ 95% | 5.79% pa | 6.46% pa | 5.79% pa | 6.68% pa |
| 4 year fixed rate° | ||||
| ≤ 70% | 5.39% pa | 5.58% pa | 5.39% pa | 5.81% pa |
| ≤ 80% | 5.49% pa | 5.64% pa | 5.49% pa | 5.87% pa |
| ≤ 95% | 5.99% pa | 6.46% pa | 5.99% pa | 6.68% pa |
| 5 year fixed rate° | ||||
| ≤ 70% | 5.39% pa | 5.56% pa | 5.39% pa | 5.79% pa |
| ≤ 80% | 5.49% pa | 5.63% pa | 5.49% pa | 5.86% pa |
| ≤ 95% | 5.99% pa | 6.41% pa | 5.99% pa | 6.63% 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 | Basic Comparison rate‡ | Offset Interest rate | Offset Comparison rate‡ |
|---|---|---|---|---|
| 1 year fixed rate° | ||||
| ≤ 70% | 5.45% pa | 5.74% pa | 5.45% pa | 5.96% pa |
| ≤ 80% | 5.55% pa | 5.84% pa | 5.55% pa | 6.06% pa |
| ≤ 90% | 5.95% pa | 6.65% pa | 5.95% pa | 6.87% pa |
| 2 year fixed rate° | ||||
| ≤ 70% | 5.35% pa | 5.69% pa | 5.35% pa | 5.92% pa |
| ≤ 80% | 5.45% pa | 5.79% pa | 5.45% pa | 6.02% pa |
| ≤ 90% | 5.79% pa | 6.54% pa | 5.79% pa | 6.76% pa |
| 3 year fixed rate° | ||||
| ≤ 70% | 5.35% pa | 5.66% pa | 5.35% pa | 5.89% pa |
| ≤ 80% | 5.45% pa | 5.76% pa | 5.45% pa | 5.98% pa |
| ≤ 90% | 5.79% pa | 6.46% pa | 5.79% pa | 6.69% pa |
| 4 year fixed rate° | ||||
| ≤ 70% | 5.55% pa | 5.70% pa | 5.55% pa | 5.93% pa |
| ≤ 80% | 5.65% pa | 5.80% pa | 5.65% pa | 6.02% pa |
| ≤ 90% | 5.89% pa | 6.43% pa | 5.89% pa | 6.65% pa |
| 5 year fixed rate° | ||||
| ≤ 70% | 5.55% pa | 5.68% pa | 5.55% pa | 5.91% pa |
| ≤ 80% | 5.65% pa | 5.78% pa | 5.65% pa | 6.01% pa |
| ≤ 90% | 5.89% pa | 6.37% pa | 5.89% pa | 6.59% 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
Whether you're looking for certainty over the year or longer, lock in a competitive fixed rate with Macquarie today.
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.
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.°
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 refinancing
- 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 the Macquarie Mobile Banking app
- identity documents - some documents may need to be certified
- details of the type of home loan facility you’d like to apply for and how you’d like to tailor it. Visit Choosing which home loan is right for you.
You can start your application now, save your progress, and come back to it later if you need more time or additional information
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.
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 account.
If you would like a 100% fixed home loan, you’ll need to apply for the basic home loan.
If you apply for an offset home loan, you can have fixed and variable split accounts. Offset account/s can only be linked to the variable loan account. Additional offset accounts can be opened for the fixed account once the fixed period has 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 has settled. You must also have at least $20,000 in a variable interest rate account.
Apply today with expert assistance
- Complete at your own pace and save as you go.
- Stay up to date on your application status.
- We'll ensure you're getting our best rate for your circumstances.
- We won't run a credit check until after you submit your application.
- We're here to help if you have any questions through the application process.
Have questions before you apply online?
Our team of home loan experts are here to help. Request a call by completing the form and we'll typically make contact with you within 1 business day.
Additional information
For more information, view the full Macquarie home loans terms and conditions and the Macquarie electronic banking terms and conditions.
This information is provided by Macquarie Bank Limited ABN 46 008 583 542 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 loans, with both a fixed and variable rate loan account, the variable rate loan account must have a minimum limit of $20,000 to enable an offset account to be linked. Only applicable for Offset Home Loans.
The Offset Home Loan Facility fee is payable in exchange for the ability to open and link offset accounts. The fee is payable in two equal instalments every 6 months per facility. The first fee is payable 6 months after your settlement date, then the Offset Home Loan Facility fee is payable every 6 months thereafter (unless you switch your loan to a Basic Home Loan).
Rate applies for new basic owner-occupier home 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.
Due to state and territory laws, restrictions may apply to digitally signing the Mortgage Form.
Our digital banking platforms are part of why we were awarded Money Magazine’s Bank of the Year 2023/2024.
Home loan information and interest rates are current as at 23 May 2025 for new loans only and are subject to change.