Compare Variable Rate Home Loans

Compare our lowest variable home loan rates & repayments. Today's top deals from 30+ banks and specialty lenders.

Variable rate home loans are well featured, flexible home loans that feature interest rates that fluctuate up or down over time, loosely in line with market conditions and the official interest rates set by the Reserve Bank of Australia (RBA).

Also consider Fixed Rate Home Loans or Compare All Home Loan Rates & Repayments

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Lender
Loan Details
Interest
Comparison
Repayments
  1. Leo Full Doc Near Prime Two 80%

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 7.94%
      p.a. variable
    • 8.54%
      p.a. Comparison
    • $2,727
      per month*
  2. Refresh Specialist

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 8.19%
      p.a. variable
    • 8.28%
      p.a. Comparison
    • $2,761
      per month*
  3. Homeloans Accelerate

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 8.19%
      p.a. variable
    • 8.28%
      p.a. Comparison
    • $2,761
      per month*
  4. Pepper Advantage

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 8.19%
      p.a. variable
    • 8.29%
      p.a. Comparison
    • $2,761
      per month*
  5. Flexi Specialist Full Doc

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 95%
    • 8.19%
      p.a. variable
    • 8.29%
      p.a. Comparison
    • $2,761
      per month*
  6. Breakthrough Assist Full Doc 85

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 85%
    • 8.26%
      p.a. variable
    • 8.31%
      p.a. Comparison
    • $2,762
      per month*
  7. Leo Full Doc Near Prime Three 80%

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 8.09%
      p.a. variable
    • 8.70%
      p.a. Comparison
    • $2,762
      per month*
  8. Business Easy Clear

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 8.24%
      p.a. variable
    • 8.35%
      p.a. Comparison
    • $2,772
      per month*
  9. Premium Specialist Assist Full Doc

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 85%
    • 8.31%
      p.a. variable
    • 8.36%
      p.a. Comparison
    • $2,774
      per month*
  10. Star A

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 90%
    • 8.49%
      p.a. variable
    • 8.56%
      p.a. Comparison
    • $2,831
      per month*
  11. Star A

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 90%
    • 8.49%
      p.a. variable
    • 8.56%
      p.a. Comparison
    • $2,831
      per month*
  12. Clean Slate Fully Verified Clear

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 85%
    • 8.59%
      p.a. variable
    • 8.70%
      p.a. Comparison
    • $2,855
      per month*
  13. Clean Slate Fully Verified A

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 8.59%
      p.a. variable
    • 8.70%
      p.a. Comparison
    • $2,855
      per month*
  14. Clean Slate Fully Verified AAA

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 85%
    • 8.79%
      p.a. variable
    • 8.90%
      p.a. Comparison
    • $2,902
      per month*
  15. Star B

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 8.99%
      p.a. variable
    • 9.06%
      p.a. Comparison
    • $2,950
      per month*
  16. Star B

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 8.99%
      p.a. variable
    • 9.06%
      p.a. Comparison
    • $2,950
      per month*
  17. Star A

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 85%
    • 9.09%
      p.a. variable
    • 9.16%
      p.a. Comparison
    • $2,974
      per month*
  18. Star A

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 85%
    • 9.09%
      p.a. variable
    • 9.16%
      p.a. Comparison
    • $2,974
      per month*
  19. Business Easy AAA

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 9.74%
      p.a. variable
    • 9.85%
      p.a. Comparison
    • $3,132
      per month*
  20. Clean Slate Fully Verified BBB

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 9.84%
      p.a. variable
    • 9.95%
      p.a. Comparison
    • $3,156
      per month*
  21. Star A

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 90%
    • 9.99%
      p.a. variable
    • 10.06%
      p.a. Comparison
    • $3,193
      per month*
  22. Star A

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 90%
    • 9.99%
      p.a. variable
    • 10.06%
      p.a. Comparison
    • $3,193
      per month*
  23. Star B

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 10.09%
      p.a. variable
    • 10.16%
      p.a. Comparison
    • $3,218
      per month*
  24. Star B

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 80%
    • 10.09%
      p.a. variable
    • 10.16%
      p.a. Comparison
    • $3,218
      per month*
  25. Star B

    • Offset Account
    • Redraw Available
    • Credit Card
    • Borrow up to 85%
    • 10.49%
      p.a. variable
    • 10.56%
      p.a. Comparison
    • $3,317
      per month*

*Monthly Repayments

Monthly repayments are calculated to take into account the loan amount, repayment term and ongoing fees and charges over the life of the loan.

  • Variable rate loans show the monthly repayments at the current rate.
  • Fixed rate loans show the monthly repayment during the fixed period only.
  • Monthly repayment calculations are an approximate guide only. Speak to a LoanMarket Mortgage broker to understand the exact cost of a loan given your particular circumstances.

**Comparison Rates

A comparison rate is a tool to help consumers identify the true cost of a loan. It factors in the interest rate, loan amount, repayment term and ongoing fees and charges and displays this as a single percentage rate that can be used to compare various loans from different lenders.

Monthly Repayment and Comparison Rate* calculations do not include:

  • The use of account features such as early repayments and offset accounts which vary widely among loans and can reduce the cost of a loan significantly.
  • Cost savings such as fee waivers or special rate discounts.
  • Fees and charges associated with loan options or events that may or may not be used by the borrower, such as early repayment or redraw fees
  • Lenders Mortgage Insurance (LMI) which may be required to secure the loan and can increase the cost of the loan.
  • Government charges such as stamp duty or mortgage registration fees.
  • Fees and charges which aren’t available at the time the comparison rate is provided