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  • Variable rate home loans

    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  
    UBank UHomeLoan - Refinance only
    5.83% 5.83% Includes a 0.20% p.a Loyalty Discount for the life of the loan. No bank fees whatsoever Go to site
    loans.com.au dream catcher
    5.85% 6.23% $0 loan application fee. For refinance or purchase Go to site
    My Mortgage Freedom Low Rate +
    5.87% 6.17% Available for re-financing, purchase or additional funding Go to site
    Bankwest Online Home Loan
    5.97% 5.97% Limited time offer - exclusively available by applying online Go to site
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    AMP Essential Home Loan
    6.10% 6.12% Make additional repayments. Redraw facility 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, based on the loan amount and loan term you entered. 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.

    This page is about variable rate home loans. You can find other home loans by visiting our 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. Mozo can help you find variable rate home loans.