Variable rate home loans

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With such a variety of home loans on the market right now, it’s a tough call to pick the best one. Mozo provides you with all the home loans information you need to make the right choice and nab a great deal. Find and compare variable rate home loans with Mozo.

Top variable rate home loans

Variable rate Comparison rate* Key features  
Homestar's logo
Homestar
Advantage Loan
6.13% 6.14% No fee loan from the non-bank lender of the year. Go to site
State Custodians's logo
State Custodians
Standard Variable
5.89% 6.15% Loyalty bonus rate drop of 0.2% after 60 months. 95% LVR for new purchases. Go to site
RAMS's logo
RAMS
Basic Loan
6.26% 6.32% RAMS Basic allows you up to 10 years interest only repayments. Go to site
MyRate.com.au's logo
MyRate.com.au
Advantage Loan
6.13% 6.14% No fee home loans. Securely funded by ING Bank (Australia) Ltd. Go to site
Mortgage Choice's logo
Mortgage Choice
(product from their lender panel)
6.55% 6.87% Allows you to borrow up to 95% of the properties value without the need to demonstrate your 5% deposit as genuine savings Go to site

*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan. The comparison rate displayed is for $150,000 over 25 years, and applies only to this example. Fixed rate loans assume a 3 year fixed term. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

**Total interest and fees over 0 years

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Variable rate home loans can be found here. Find more home loans by visiting our compare home loans page.

Variable rate home loans let you benefit from competitive interest rates when taking out your loan. When rates fall, the amount of interest you pay on variable rate home loans decreases, but when rates go up so does your interest. Variable rate home loans are best for those who don’t need the security of fixed monthly repayments. Find variable rate home loans here with Mozo.

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