The low rate home loan hit-list: December 2025

Competition in the home loan market has been heating up in recent months, especially around fixed rates, and this means it’s a good time to see how much you could save on your mortgage repayments by switching to a better rate.

Our analysis reveals there is a huge difference between the average home loan interest rate and the lowest in our database. In fact, the average Big Four bank borrower with a $500,000 owner occupier home loan could save up to $3,500 in their first year by switching^^.

Mozo compares over 400 home loans from more than 90 lenders, and our experts have done the hard work for you by scouring our database to uncover some top home loan deals in the market right now.

Read on for our Mozo Expert reviews of some of this month’s low cost home loans and see how much you could be saving, and if you don’t find what you’re looking for, you can compare all home loans in our database.

Low rate home loans in Australia: December 2025

^^ Source: Mozo database on 26 September, 2025. Average Big Four variable rate of 6.13% p.a. vs leading variable rate of 5.14% p.a., for owner occupiers with a 20% deposit (80% LVR), making principal and interest repayments on a $500,000 home loan over 25 years.