Fixed Rate Home Loans

Ah yes, all the security of fixed interest rates and repayments, with none of the risk of variable rates and bank interest rates changes. A fixed rate home loan is a great option if you'd prefer to lock in your home loan repayments.

Read more

What's better a variable, split or fixed rate home loan?

Well isn't that the $64,000 question. Literally. There's no easy answer, but having a quick play with our home loan and mortgage calculators particularly the home loan comparison calculator will show you the overall cost of different types of loan.

Can I apply for fixed home loan rate online?

Well yes! Click through to home loan lenders and kick off the application process immediately simply hit the Go to site button.

I'm still not sure about this fixed rate loan! Can a mortgage broker help me decide?

Mortgage brokers can help find the right type of home loan for your needs (along with finding you insider deals and helping out with the home loan application). And Mozo's home loan negotiator service is a simple (and free) way to find the right home loan for your situation.

Fixed rate home loan comparisons on Mozo - rates updated daily

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

**Initial monthly repayment figures are estimates only, based on the advertised rate, loan amount and term entered. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

Want more? Compare all 505 home loans in the Mozo comparison engine.

Compare more home loans

Switch & Save Calculator

How much could you save by switching your home loan? Compare savings from over 100 home loans. Find out in a few clicks.

Get started

Advertisement

Home Loan Resources

Views, news, tips and guides to help find the home loan for you.

Fixed home loan rates

To fix or not to fix? That is the question posed by many home buyers across Australia. So to help you decide whether a fixed or variable interest rate is your borrowing match, we've compiled this quick guide that runs through the benefits of a fixed interest rate and the traps to watch out for. You can also use the above table to compare fixed rate home loans quickly and easily.

Fixed rate loans, what do you need to know? 

How does a fixed rate home loan compare on features?

How do fixed rate home loans compare on fees?

How do fixed rate loans compare on cost?

Home loan guides

Recent home loan tips

Home Loan Reviews

Bankwest
Bankwest Complete Variable Home Loan (LVR<=90%, Owner Occupier, Principal & Interest) (Package) home loan review
Overall
9/10
Very competitive and great service.

Bankwest's rates are very competitive and they have great service.

Bankwest's rates are very competitive and they have great service.

Price
9/10
Features
9/10
Customer service
9/10
Convenience
5/10
Trust
9/10

Reinhard | Tasmania

reviewed 4 days ago

ME
ME Flexible Fixed Home Loan (Fixed, Owner Occupier, LVR<95%, Principal & Interest) (Member Package) home loan review
Overall
6/10
I’m looking around

Probably not the best rate.

Probably not the best rate.

Price
6/10
Features
5/10
Customer service
5/10
Convenience
6/10
Trust
6/10

Dario | Queensland

reviewed 4 days ago

Bendigo Bank
Bendigo Bank Variable Rate Residential (Owner Occupier, Principal & Interest) home loan review
Overall
4/10
No benefits for customer loyalty

Due to the age of my husband we are trapped with this mortgage. They have increased the monthly...

Due to the age of my husband we are trapped with this mortgage. They have increased the monthly fee to $20 - up from $10. We had to take out car insurance with them to get a discount rate but still not the cheapest in the market.

Price
2/10
Features
2/10
Customer service
6/10
Convenience
5/10
Trust
4/10

Tracey | Queensland

reviewed 4 days ago

Mortgage calculators

  • Switch and Save

    How much could you save by switching home loans?

    See calculator

  • Repayments calculator

    How much will my repayments be?

    See calculator

  • Rate change calculator

    How will rate changes affect my repayments?

    See calculator

  • Comparison calculator

    Which home loan will cost me less?

    See calculator

  • Extra repayments calculator

    How much will I save with extra repayments?

    See calculator

  • Borrowing calculator

    How much can I afford to borrow?

    See calculator

  • Stamp duty calculator

    How much do I have to pay?

    See calculator

Recent home loan articles