Commonwealth Bank 12 Month Discounted

The details shown below are for an owner occupier taking out a principal & interest loan of at least $10,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan of at least $10,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan of at least $10,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan of at least $10,000 with an LVR below 90%

Choose the version of loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan: $10,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $10,000

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $10,000

  • Investor (Interest Only)

    LVR < 90%

    Loan: $10,000

4.52% p.a.variable for 12 months and then 5.22% p.a.

5.30% p.a.

$8.00 monthly

Commonwealth Bank 12 Month Discounted

4.52% p.a.variable for 12 months and then 5.22% p.a.

5.30% p.a.

$8.00 monthly

5.07% p.a.variable for 12 months and then 5.77% p.a.

5.85% p.a.

$8.00 monthly

Commonwealth Bank 12 Month Discounted

5.07% p.a.variable for 12 months and then 5.77% p.a.

5.85% p.a.

$8.00 monthly

5.10% p.a.variable for 12 months and then 5.80% p.a.

5.88% p.a.

$8.00 monthly

Commonwealth Bank 12 Month Discounted

5.10% p.a.variable for 12 months and then 5.80% p.a.

5.88% p.a.

$8.00 monthly

5.54% p.a.variable for 12 months and then 6.24% p.a.

6.32% p.a.

$8.00 monthly

Commonwealth Bank 12 Month Discounted

5.54% p.a.variable for 12 months and then 6.24% p.a.

6.32% p.a.

$8.00 monthly

Details

Rates and fees information correct as at 20 August 2018.

Rates
  • 5.22% p.a.

  • 4.52% p.a.

  • 12 Months

  • Variable

  • 5.30% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $600.00

  • $0.00

  • $0.00

  • $200.00

  • none

  • $8.00 monthly

  • $350.00

Other financial bits
  • $10,000

  • none

  • none

  • 95.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Details

Rates and fees information correct as at 20 August 2018.

Rates
  • 5.77% p.a.

  • 5.07% p.a.

  • 12 Months

  • Variable

  • 5.85% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $600.00

  • $0.00

  • $0.00

  • $200.00

  • none

  • $8.00 monthly

  • $350.00

Other financial bits
  • $10,000

  • none

  • none

  • 80.00%

Features
  • Owner Occupier

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Details

Rates and fees information correct as at 20 August 2018.

Rates
  • 5.80% p.a.

  • 5.10% p.a.

  • 12 Months

  • Variable

  • 5.88% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $600.00

  • $0.00

  • $0.00

  • $200.00

  • none

  • $8.00 monthly

  • $350.00

Other financial bits
  • $10,000

  • none

  • none

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Details

Rates and fees information correct as at 20 August 2018.

Rates
  • 6.24% p.a.

  • 5.54% p.a.

  • 12 Months

  • Variable

  • 6.32% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $600.00

  • $0.00

  • $0.00

  • $200.00

  • none

  • $8.00 monthly

  • $350.00

Other financial bits
  • $10,000

  • none

  • none

  • 90.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Customer Reviews

How are Commonwealth Bank home loans rated by the Mozo community?

Overall customer rating
7.3/10
Price
6.8/10
Features
6.9/10
Customer service
7.5/10
Convenience
8.0/10
Trust
7.3/10

Latest reviews of Commonwealth Bank 12 Month Discounted

  • Overall
    7/10
    Overall good

    I have had no real issue with Commonwealth, been with them for about 15 years, always look after...

    I have had no real issue with Commonwealth, been with them for about 15 years, always look after me and helpful in local branch. Net bank is very handy.

    Price
    6/10
    Features
    6/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    6/10

    Samantha | SA

    05 Jan 2016

  • Overall
    10/10
    Great customer service and features are great

    I love it. They explained things to me simply, and were attuned to my needs. Very reliable and...

    I love it. They explained things to me simply, and were attuned to my needs. Very reliable and nothing is too much.

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

    Doreen | WA

    19 Mar 2015

  • Overall
    6/10
    No special treatment for loyalty

    I have banked with this bank for years. My only problem with them is that I have found that they...

    I have banked with this bank for years. My only problem with them is that I have found that they harrass you if you fall behind. 4-5 phone calls a day, starting in the morning and continuing in to the evenings.

    Price
    5/10
    Features
    4/10
    Customer service
    4/10
    Convenience
    7/10
    Trust
    6/10

    Danielle | QLD

    13 Jun 2014

  • Overall
    7/10
    Rare exceptional customer service

    I purchased a property with my mother and we chose the Commonwealth for the convenience of it...

    I purchased a property with my mother and we chose the Commonwealth for the convenience of it being in town. The customer service just in the local branch is amazing but overall I give ten out of ten to the bank for being so patient when I had a nervous breakdown and it hit foreclosure. The bank helped me pull it through. I sold it though after mum died and I still have her name on our bank account. They dont seem to mind.

    Price
    7/10
    Features
    4/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Katrina | WA

    21 Mar 2014

  • Overall
    10/10
    Clear and short terms and conditions

    Clear and short terms and conditions enabled me to decide about the product.

    Clear and short terms and conditions enabled me to decide about the product.

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

    Mozo reviewer | QLD

    09 Aug 2013

Commonwealth Bank

About Commonwealth Bank

The Commonwealth Bank might be one of Australia's oldest and largest banks, but lately it's determined to do things differently. The Commonwealth Bank reckons it's focusing more on customer service and earning your business rather than counting on it. If you like the sound of that, then check out the Commonwealth Bank's wide range of personal banking products, including term deposits, savings accounts, credit cards, home loans and personal loans.

See Commonwealth Bank home loans

*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.