Variable home loan

Enjoy the flexibility to pay off your loan sooner.

Rates from

2.34
% p.a.

Interest rate

2.34
% p.a.

Comparison rate

Variable interest rate* and comparison rate for basic owner-occupied home loans with principal and interest repayments.

Refinancing

If you’re ready to refinance and your employer withholds tax from your pay (PAYG), you can now securely apply online and get an answer, faster.

 

Discover your rate and repayments

Use our online quote tool and get a personalised rate in minutes.

Discover your rate

Our home loan specialists are available to answer any questions you may have along the way.

Discover your rate

Our home loan specialists are available to answer any questions you may have along the way.



 

Prefer to talk first?

 
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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.

New home loans

If you're thinking about buying a property, talk to one of our home loan specialists about our flexible home loan options.

 

Have a home loan enquiry?

 
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.

Add an offset

Save using an offset account

Save using an offset account

  • Our offset account allows you to pay off your loan faster by using your savings to reduce the amount of interest you pay.
  • Open up to 10 offset accounts per loan account.
  • Plus get a linked Debit Mastercard® for everyday transacting.
Mel and Jonathan standing on their veranda
Add a credit card

Everyday banking to save as you spend

Everyday banking to save as you spend

Apply for our credit card as part of your home loan package to earn Macquarie reward points. If you add a transaction account~ you’ll also get access to ongoing discounts of up to 10% on a wide range of eGift cards with Macquarie Marketplace.

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Home loan package

More than just a home loan

More than just a home loan

Our offset home loan package gives you a flexible loan structure and great rate. It includes a credit card and transaction account~ so you can get more than just a home loan.

Middle aged Asian man standing outside his home on a sunny day. Macquarie customer - Chi
Get an answer, faster

Fast turnaround times

Fast turnaround times

Need to move quickly? With a straightforward application process and faster turnaround times, you can enjoy peace of mind knowing you’ll get a timely response on the status of your loan.

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Dedicated help

Stay informed throughout the process

Stay informed throughout the process

We know applying for a home loan can be stressful, that’s why we keep you up to date with emails and calls from your dedicated home loan specialist. If you have any questions along the way, our team is there to help you find the right home loan to suit your circumstances.

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Home loan rates

To find your rate, please select one of the below sections relevant to you. Rates are for new loans and are subject to change.

Owner occupied variable rates

Principal and interest repayments

LVR# Basic
Interest rate
Basic
Comparison rate
Offset
Interest rate
Offset
Comparison rate
≤ 60% 2.34% pa 2.34% pa 2.34% pa 2.62% pa
≤ 70% 2.39% pa 2.39% pa 2.39% pa 2.67% pa
≤ 80% 2.49% pa 2.49% pa 2.49% pa 2.76% pa
≤ 90% 2.89% pa 2.89% pa 2.89% pa 3.16% pa
≤ 95% 3.21% pa 3.21% pa 3.21% pa 3.47% pa

 

Interest only repayments

LVR# Basic
Interest rate
Basic
Comparison rate
Offset
Interest rate
Offset
Comparison rate
≤ 60% 2.89% pa 2.89% pa 2.89% pa 3.16% pa
≤ 70% 2.89% pa 2.89% pa 2.89% pa 3.16% pa
≤ 80% 3.04% pa 3.04% pa 3.04% pa 3.31% pa
≤ 90% n/a n/a n/a n/a
≤ 95% n/a n/a n/a n/a

 

Investment variable rates

Principal and interest repayments

LVR# Basic
Interest rate
Basic
Comparison rate
Offset
Interest rate
Offset
Comparison rate
≤ 60% 2.49% pa 2.49% pa 2.49% pa 2.76% pa
≤ 70% 2.49% pa 2.49% pa 2.49% pa 2.76% pa
≤ 80% 2.69% pa 2.69% pa 2.69% pa 2.96% pa
≤ 90% 3.45% pa 3.45% pa 3.45% pa 3.71% pa

 

Interest only repayments

LVR# Basic
Interest rate
Basic
Comparison rate
Offset
Interest rate
Offset
Comparison rate
≤ 60% 2.89% pa 2.89% pa 2.89% pa 3.16% pa
≤ 70% 2.89% pa 2.89% pa 2.89% pa 3.16% pa
≤ 80% 3.04% pa 3.04% pa 3.04% pa 3.31% pa
≤ 90% n/a n/a n/a n/a

 

"Choosing a better home loan with Macquarie was easy."

Chi
Chi smiling outside

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 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. 

~

Our cards are 5-star Canstar rated for Outstanding Value Travel Credit Card and Outstanding Value Travel Debit Card for 2019/2020.

Information and interest rates are current as at 12 May 2021 for new loans only and are subject to change.

^^

Our digital banking platforms have been awarded Mozo Experts Choice 2020 in the Internet banking category and Mozo Experts Choice 2020 in the Excellent digital app category for 2019/2020.

Open up to 10 offset accounts per 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.