Good borrowers deserve great home loans

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.

Even lower variable rates

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.
 

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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.

 

Which rate is right for me?

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.

 

Thinking about your next property?

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.

 


 


Make your next move with confidence
 


How much can I borrow?
 

Calculate your borrowing capacity with Macquarie.

 


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. 
 


 

 

 


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.
 


 


 

Home loan guides

Experiencing financial hardship?

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:

  • deferring or reducing your repayments for a certain period; or 
  • assistance with missed repayments

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.

Frequently asked questions

You can view your loan repayment details via Macquarie Online Banking and the Macquarie Mobile Banking app.

  • In Macquarie Online Banking, hover over your home loan account in the account list
  • In the Macquarie Mobile Banking app, select your home loan account from the account list

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,

  • You'll need to chat with our team via our Online or Mobile Banking app to make additional repayments
  • Making extra repayments is not possible for SMSF loans.

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.

Additional information

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.

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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.