Commonwealth Bank Standard Variable Rate

This product is available in different versions. Pick the right version for you here.

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 this 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

4.80% p.a.

4.95% p.a.

$8.00 monthly

Commonwealth Bank Standard Variable Rate

4.80% p.a.

4.95% p.a.

$8.00 monthly

5.29% p.a.

5.44% p.a.

$8.00 monthly

Commonwealth Bank Standard Variable Rate

5.29% p.a.

5.44% p.a.

$8.00 monthly

5.38% p.a.

5.53% p.a.

$8.00 monthly

Commonwealth Bank Standard Variable Rate

5.38% p.a.

5.53% p.a.

$8.00 monthly

5.64% p.a.

5.79% p.a.

$8.00 monthly

Commonwealth Bank Standard Variable Rate

5.64% p.a.

5.79% p.a.

$8.00 monthly

Details

Rates and fees information correct as at 11 December 2019. 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
  • 4.80% p.a.

  • n/a

  • n/a

  • n/a

  • 4.95% 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

  • n/a

  • $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

  • $2,000 cashback for refinancers with applications before 10 January 2020 and have their loan funded by 6 March 2020. Minimum refinance amount $250,000.

*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 11 December 2019. 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
  • 5.29% p.a.

  • n/a

  • n/a

  • n/a

  • 5.44% 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

  • n/a

  • $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

  • none

*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 11 December 2019. 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
  • 5.38% p.a.

  • n/a

  • n/a

  • n/a

  • 5.53% 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

  • n/a

  • $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

  • $2,000 cashback for refinancers with applications before 10 January 2020 and have their loan funded by 6 March 2020. Minimum refinance amount $250,000.

*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 11 December 2019. 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
  • 5.64% p.a.

  • n/a

  • n/a

  • n/a

  • 5.79% 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

  • n/a

  • $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

  • $2,000 cashback for refinancers with applications before 10 January 2020 and have their loan funded by 6 March 2020. Minimum refinance amount $250,000.

*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 customer rating
6.8/10
Price
6.3/10
Features
6.3/10
Customer service
6.9/10
Convenience
7.9/10
Trust
6.7/10

Latest reviews of Commonwealth Bank Standard Variable Rate

  • Overall
    8/10
    Large.

    Offered a loan when others wouldn’t.

    Offered a loan when others wouldn’t.

    Price
    8/10
    Features
    6/10
    Customer service
    6/10
    Convenience
    10/10
    Trust
    7/10

    Gill | New South Wales

    reviewed about 21 hours ago

  • Overall
    9/10
    Competitive.

    Great service.

    Great service.

    Price
    8/10
    Features
    9/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Melanie | Victoria

    reviewed 2 days ago

  • Overall
    8/10
    I'm confident with CBA.

    I'm happy with my bank. I feel confident that they are reliable and I'm getting a good deal.

    I'm happy with my bank. I feel confident that they are reliable and I'm getting a good deal.

    Price
    6/10
    Features
    9/10
    Customer service
    6/10
    Convenience
    9/10
    Trust
    8/10

    Colleen | Victoria

    reviewed 12 days ago

  • Overall
    0/10
    No customer service and you are not valued.

    Very disrepectful staff and really no effort is made to build a true relationship.

    Very disrepectful staff and really no effort is made to build a true relationship.

    Price
    1/10
    Features
    0/10
    Customer service
    1/10
    Convenience
    3/10
    Trust
    1/10

    Helen | Western Australia

    reviewed 12 days ago

  • Overall
    7/10
    Great plan if you a proactive and vigilant.

    The rate and plan I’m on is good. But I have to keep an eye on charges and changes. I have to go...

    The rate and plan I’m on is good. But I have to keep an eye on charges and changes. I have to go into the branch once a year to ensure I am in the best available offer. If I didn’t do this I would be on the worst plan. Loyalty is not rewarded

    Price
    7/10
    Features
    3/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    5/10

    Monique | Victoria

    reviewed 21 days ago

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.

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*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.