Commonwealth Bank logo

Commonwealth Bank Extra Home Loan

Advertiser disclosure
The details shown below are for an owner occupier taking out a principal & interest loan of at least $10,000 with an LVR below 60%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $10,000 with an LVR below 70%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $10,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $10,000 with an LVR below 90%
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 60%
The details shown below are for an owner occupier taking out a interest only loan of at least $10,000 with an LVR below 70%
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 60%
The details shown below are for an investor taking out a principal & interest loan of at least $10,000 with an LVR below 70%
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 principal & interest 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 95%
The details shown below are for an investor taking out a interest only loan of at least $10,000 with an LVR below 60%
The details shown below are for an investor taking out a interest only loan of at least $10,000 with an LVR below 70%
The details shown below are for an investor 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 interest only loan of at least $10,000 with an LVR below 90%

Choose the version of this loan that suits you best

Availability Loan type LVR Min loan amount Max loan amount
Owner Occupier Principal & Interest < 60% $10,000
Owner Occupier Principal & Interest 60%-70% $10,000
Owner Occupier Principal & Interest 70%-80% $10,000
Owner Occupier Principal & Interest 80%-90% $10,000
Owner Occupier Principal & Interest 90%-95% $10,000
Owner Occupier Interest Only < 60% $10,000
Owner Occupier Interest Only 60%-70% $10,000
Owner Occupier Interest Only 70%-80% $10,000
Investor Principal & Interest < 60% $10,000
Investor Principal & Interest 60%-70% $10,000
Investor Principal & Interest 80%-90% $10,000
Investor Principal & Interest 70%-80% $10,000
Investor Principal & Interest 90%-95% $10,000
Investor Interest Only < 60% $10,000
Investor Interest Only 60%-70% $10,000
Investor Interest Only 70%-80% $10,000
Investor Interest Only 80%-90% $10,000
  • Owner Occupier (Principal & Interest)
    LVR < 60%
    Loan: $10,000
  • Owner Occupier (Principal & Interest)
    LVR 60%-70%
    Loan: $10,000
  • Owner Occupier (Principal & Interest)
    LVR 70%-80%
    Loan: $10,000
  • Owner Occupier (Principal & Interest)
    LVR 80%-90%
    Loan: $10,000
  • Owner Occupier (Principal & Interest)
    LVR 90%-95%
    Loan: $10,000
  • Owner Occupier (Interest Only)
    LVR < 60%
    Loan: $10,000
  • Owner Occupier (Interest Only)
    LVR 60%-70%
    Loan: $10,000
  • Owner Occupier (Interest Only)
    LVR 70%-80%
    Loan: $10,000
  • Investor (Principal & Interest)
    LVR < 60%
    Loan: $10,000
  • Investor (Principal & Interest)
    LVR 60%-70%
    Loan: $10,000
  • Investor (Principal & Interest)
    LVR 80%-90%
    Loan: $10,000
  • Investor (Principal & Interest)
    LVR 70%-80%
    Loan: $10,000
  • Investor (Principal & Interest)
    LVR 90%-95%
    Loan: $10,000
  • Investor (Interest Only)
    LVR < 60%
    Loan: $10,000
  • Investor (Interest Only)
    LVR 60%-70%
    Loan: $10,000
  • Investor (Interest Only)
    LVR 70%-80%
    Loan: $10,000
  • Investor (Interest Only)
    LVR 80%-90%
    Loan: $10,000
Rate
6.59% p.a.
Comparison Rate
6.60% p.a.
Service fee
$0.00
Upfront fee
$200
Rate
6.69% p.a.
Comparison Rate
6.71% p.a.
Service fee
$0.00
Upfront fee
$200
Rate
6.79% p.a.
Comparison Rate
6.81% p.a.
Service fee
$0.00
Upfront fee
$200
Rate
7.14% p.a.
Comparison Rate
7.16% p.a.
Service fee
$0.00
Upfront fee
$200
Rate
7.84% p.a.
Comparison Rate
7.86% p.a.
Service fee
$0.00
Upfront fee
$200
Rate
7.15% p.a.
Comparison Rate
6.85% p.a.
Service fee
$0.00
Upfront fee
$200
Rate
7.25% p.a.
Comparison Rate
6.95% p.a.
Service fee
$0.00
Upfront fee
$200
Rate
7.35% p.a.
Comparison Rate
7.05% p.a.
Service fee
$0.00
Upfront fee
$200
Rate
6.70% p.a.
Comparison Rate
6.71% p.a.
Service fee
$0.00
Upfront fee
$200
Rate
6.75% p.a.
Comparison Rate
6.77% p.a.
Service fee
$0.00
Upfront fee
$200
Rate
7.64% p.a.
Comparison Rate
7.66% p.a.
Service fee
$0.00
Upfront fee
$200
Rate
6.89% p.a.
Comparison Rate
6.91% p.a.
Service fee
$0.00
Upfront fee
$200
Rate
7.94% p.a.
Comparison Rate
7.96% p.a.
Service fee
$0.00
Upfront fee
$200
Rate
7.26% p.a.
Comparison Rate
6.96% p.a.
Service fee
$0.00
Upfront fee
$200
Rate
7.31% p.a.
Comparison Rate
7.01% p.a.
Service fee
$0.00
Upfront fee
$200
Rate
7.45% p.a.
Comparison Rate
7.15% p.a.
Service fee
$0.00
Upfront fee
$200
Rate
8.20% p.a.
Comparison Rate
7.91% p.a.
Service fee
$0.00
Upfront fee
$200

Mozo editorial review Commonwealth Bank Extra Home Loan - last updated: 17 November 2023

binocular icon
What's hot
  • Variable rates from 6.59% p.a. (6.60% p.a. comparison rate*)
  • Extra repayments, redraw facility and repayment holiday features
What's not
  • $200 settlement fee and $350 discharge fee
Mozo snapshot

Competitive variable rates starting from 6.59% p.a. (6.60% p.a. comparison rate*), a suite of handy features and minimal fees all from one of Australia’s biggest banks? That’s exactly what you’ll get with the Commonwealth Bank’s Extra Home Loan, available to both owner occupiers and investors. 

key icon
Key features

There’s no feature more key than the interest rate you’ll pay, and in that respect the Commonwealth Bank’s Extra Home Loan really does offer some competitively priced rates on loans starting from just $10,000.

Owner occupier borrowers making principal and interest repayments will be able to access rates from as low as 6.59% p.a. (6.60% p.a. comparison rate*) so long as their LVR is lower than 60%. There are also higher rates available for borrowers with lower deposits. 

Meanwhile, interest rates for investors start at 6.70% p.a. (6.71% p.a. comparison rate*) for those making principal and interest repayments with an LVR below 60%. 

The Extra Home Loan also comes equipped with a bunch of handy features. For instance, borrowers will be able to make extra repayments above the minimum towards their loan (for free) and dip into them should they need to in the future using the redraw facility. 

CommBank even lets its borrowers hit pause on their repayments (for a set time) using the repayment holiday feature. 

If you have an active CommBank home loan, an eligible CommBank transaction account, and complete 30+ outbound transactions per month from your eligible transaction account or credit card - you could score a range of benefits - including, a Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and more (T&Cs apply).

While there’s no ongoing service fee to worry about with the Extra Home Loan, borrowers will need to pay a $200 settlement fee plus legal fees (charged at cost) upfront. There’s also a $350 fee to discharge the loan. 

snapshot
Who is it good for

With both competitive interest rates and handy features, the Extra Home Loan from the Commonwealth Bank could be a worthy option for anyone looking for a solid, basic home loan from a major bank.

question icon
Any catches

While the Extra Home Loan does come with a number of useful features, it doesn’t offer an offset account which may be deal breaker for some borrowers. 

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

6.59% p.a.

n/a

n/a

n/a

6.60% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

none

60.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

6.69% p.a.

n/a

n/a

n/a

6.71% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

60.00%

70.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

6.79% p.a.

n/a

n/a

n/a

6.81% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

70.00%

80.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

7.14% p.a.

n/a

n/a

n/a

7.16% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

80.00%

90.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

7.84% p.a.

n/a

n/a

n/a

7.86% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

90.00%

95.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

7.15% p.a.

n/a

n/a

n/a

6.85% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

none

60.00%

Features

Owner Occupier

Interest Only

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

7.25% p.a.

n/a

n/a

n/a

6.95% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

60.00%

70.00%

Features

Owner Occupier

Interest Only

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

7.35% p.a.

n/a

n/a

n/a

7.05% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

70.00%

80.00%

Features

Owner Occupier

Interest Only

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

6.70% p.a.

n/a

n/a

n/a

6.71% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

none

60.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

6.75% p.a.

n/a

n/a

n/a

6.77% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

60.00%

70.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

7.64% p.a.

n/a

n/a

n/a

7.66% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

80.00%

90.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

6.89% p.a.

n/a

n/a

n/a

6.91% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

70.00%

80.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

7.94% p.a.

n/a

n/a

n/a

7.96% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

90.00%

95.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

7.26% p.a.

n/a

n/a

n/a

6.96% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

none

60.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

7.31% p.a.

n/a

n/a

n/a

7.01% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

60.00%

70.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

7.45% p.a.

n/a

n/a

n/a

7.15% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

70.00%

80.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Details

Rates and fees information correct as at 21 February 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

8.20% p.a.

n/a

n/a

n/a

7.91% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

n/a

$0.00

$200.00

n/a

$0.00

$350.00

Other financial bits

$10,000

none

80.00%

90.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

yes

yes - free

$0.00

no

no

Legal fees charged at cost.

CommBank home loan customers can use a 3.99% p.a. (3.99% p.a. comparison rate) 10 year fixed rate Green Loan to buy eligible clean energy products. Loan size $5,000-$30,000.

To qualify as a Homeowner, you need a CommBank account, 30+ monthly transactions, and active home loan. Enjoy Kit membership, Yello Offers, cashback on loans, 1000 credit card points, insurance cashback, property trend reports, and ongoing Kit benefits.

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.

Customer Reviews

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

Overall
Price
Features
Customer service
Convenience
Trust

Latest reviews of Commonwealth Bank Extra Home Loan

About Commonwealth Bank

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a. variable

5.90% p.a.

Thumbnail icon for Up
Up

Home Fixed Rate

5.80% p.a.
fixed 3 years

6.05% p.a.

Thumbnail icon for Sucasa
Sucasa

Ultra Low Rate

6.30% p.a. variable

6.58% p.a.

Thumbnail icon for ubank
ubank

Neat Home Loan

6.09% p.a. variable

6.11% p.a.

Thumbnail icon for Up
Up

Home Variable Rate

6.15% p.a. variable

6.15% p.a.

Thumbnail icon for Unloan
Unloan

Variable

6.29% p.a. variable

6.20% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan Fixed

6.64% p.a.
fixed 3 years

6.52% p.a.

Thumbnail icon for Aussie
Aussie

Elevate

6.09% p.a. variable

6.20% p.a.

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a. variable

5.90% p.a.

Thumbnail icon for Up
Up

Home Variable Rate

6.15% p.a. variable

6.15% p.a.

Thumbnail icon for Sucasa
Sucasa

Ultra Low Rate

6.30% p.a. variable

6.58% p.a.

Thumbnail icon for ubank
ubank

Neat Home Loan

6.09% p.a. variable

6.11% p.a.

Thumbnail icon for Unloan
Unloan

Variable

6.29% p.a. variable

6.20% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan Fixed

6.64% p.a.
fixed 3 years

6.52% p.a.

Thumbnail icon for Up
Up

Home Fixed Rate

5.80% p.a.
fixed 3 years

6.05% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan

6.19% p.a. variable

6.43% p.a.

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a.

5.90% p.a.

Thumbnail icon for Up
Up

Home Variable Rate

6.15% p.a.

6.15% p.a.

Thumbnail icon for Sucasa
Sucasa

Ultra Low Rate

6.30% p.a.

6.58% p.a.

Thumbnail icon for ubank
ubank

Neat Home Loan

6.09% p.a.

6.11% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan

6.15% p.a.

6.17% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan Fixed

p.a.

6.52% p.a.

Thumbnail icon for Aussie
Aussie

Elevate

6.09% p.a.

6.20% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan

6.19% p.a.

6.43% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan Fixed

6.64% p.a.
fixed 3 years

6.56% p.a.

Thumbnail icon for ING
ING

Fixed Rate Loan (with Orange Advantage)

6.29% p.a.
fixed 3 years

6.24% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan Fixed

6.64% p.a.
fixed 3 years

6.56% p.a.

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a.

5.90% p.a.

$0.00

Thumbnail icon for Sucasa
Sucasa

Ultra Low Rate

6.30% p.a.

6.58% p.a.

$0.00

Thumbnail icon for ubank
ubank

Neat Home Loan

6.09% p.a.

6.11% p.a.

$0.00

Thumbnail icon for Up
Up

Home Variable Rate

6.15% p.a.

6.15% p.a.

$0.00

Thumbnail icon for Unloan
Unloan

Variable

6.29% p.a.

6.20% p.a.

$0.00

Thumbnail icon for Aussie
Aussie

Elevate

6.09% p.a.

6.20% p.a.

$0.00

Thumbnail icon for HSBC
HSBC

Home Value Loan

6.09% p.a.

6.09% p.a.

$0.00

Thumbnail icon for ubank
ubank

Flex Home Loan

6.19% p.a.

6.43% p.a.

$250.00 yearly

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.

Compare other home loans