Saving for a deposit?
Enjoy a savings account with no hoops or catches. With no monthly requirements or fees to get a great rate - it’s all about the savings.
Following the RBA’s decision on 12 August 2025 to reduce the official cash rate by 0.25%, we’re passing on the full RBA rate cut to our home loan customers. Find out more about what this means for your interest rate and repayments.
We’ve lowered our variable rates. Understand what this means for you, and discover why more than 350,000 Australian homeowners trust Macquarie with their home loan.
We’ve reduced our variable reference rates by 0.25%,
effective from 15 August 2025.
As the first major bank to reduce our rates, our variable rate customers are not left waiting the industry average of 12 days to see their interest rate go down. Instead, we put these savings into our customers' pockets sooner.
We automatically apply the rate reduction to our customers' variable home loan accounts, and automatically adjust direct debits to the minimum monthly mortgage repayment amount. This means our variable rate customers don’t need to do anything to benefit from lower home loan rates.
With our award-winning** digital banking, our home loan customers have full visibility and control over managing their home loan.
Tools such as the account breakdown feature show a summary of your loan including linked offset accounts, your interest rate, and repayment amount.
For some home loans you can also manage additional repayments online, helping you pay down your loan faster.
From 15 August 2025, variable rate customers will start saving with lower rates.
Repayments for fixed rate customers will be unchanged until the end of the fixed loan period. If your fixed rate period is coming to an end, our experts are available to help you understand your loan options.
If you would like the flexibility of a variable rate with the certainty of a fixed rate, consider splitting your loan into multiple loan accounts. With a split loan you could benefit from features including offset accounts and redraw capabilities, combined with peace of mind that the repayments for the fixed rate portion won’t change during the fixed rate period.
With competitive rates, flexible loan options and up to 10 offset accounts†, you could reduce the amount of interest you pay.
You’ll also have access to up to 12.5% off eGift cards at over 65 leading retailers including groceries, fashion, travel, entertainment, and more with Macquarie Marketplace.
Switch to Macquarie today to get the features you deserve with great rates and low fees.
If you’re looking to take advantage of lower variable rates to support your next purchase, a Macquarie home loan offers flexible loan options so you can tailor your home loan to suit your needs.
With fast turnaround times that don’t leave you waiting, and expert support available, you can feel confident every step of the way on your property journey.
How much are my repayments?
Calculate your interest rate and work out how much your monthly repayments could be.
How much is my stamp duty payment?
Calculate how much you'll pay in government charges based on the amount you plan to borrow.
Enjoy a savings account with no hoops or catches. With no monthly requirements or fees to get a great rate - it’s all about the savings.
Offset accounts could help you save on the interest you pay on your home loan. Discover more about offsets and how they could benefit you.
With every payment of your home loan you could be building up equity in your home. This equity could be an asset you can use for other financial purposes.
Property investment could help you build wealth over the long-term, and your home loan and investment strategy play an important part in achieving your goals.
We understand everyone’s situation is different and that’s why we have a range of financial assistance support options that can be tailored to meet your needs.
This may include:
If you’re experiencing financial difficulty and are unable to make a repayment that’s already been missed, or you are unable to make your next repayment on time, alternative options may be available to you via financial assistance.
You can view your loan repayment details via Macquarie Online Banking and the Macquarie Mobile Banking app.
See a step by step guide of how to do this by visiting the Help Centre.
Yes, generally you can make extra repayments on your variable interest rate home loan, without paying any additional fees.
You can do this via our Macquarie Online Banking or Mobile Banking app. Our Macquarie Help Centre has more information on how to make extra repayments on your home loan.
Please note, if you have a Home Loan account with a BSB starting with 183,
The refinance process for each lender may be different. To refinance to a Macquarie home loan, you can apply online or speak to one of our specialists. For more information on the process, visit our help centre.
We offer two home loan products: the basic home loan facility, and the offset home loan facility. With Macquarie, you can use one or multiple properties as security for your home loan, with a single loan balance limit. We call this a facility structure.
For example, if you have an owner occupied property as well as an investment property, you only need to open one facility, instead of two. This means you’ll avoid paying multiple sets of fees and gives you greater flexibility to tailor your loan set up.
We want to ensure your home loan is set up in a way that works for you and that’s why we’ve designed this step-by-step guide so you can feel confident understanding how Macquarie Home Loans work and what features are right for you.
If you would like to split your existing Macquarie home loan, please visit our Help Centre.
If you would like to apply for a new Macquarie split home loan, submit your application online.
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.
Our digital banking platforms are part of why we were awarded Money Magazine’s Bank of the Year 2023/2024.
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.