6.03% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$600.00
n/a
$0.00
$200.00
n/a
$12.00 monthly
$350.00
$20,000
none
none
80.00%
Owner Occupier, Investor
No set repayments
No set repayments
n/a
none
n/a
none
yes
no
Legal fees charged at cost.
none
$2,000 cashback for refinancers who apply before 30 June 2021 and have their loan funded by 30 September 2021. Minimum refinance amount $250,000. Eligibility criteria applies. This offer is not available for Bridging 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.
Commonwealth Bank's products are generally very good, and the bank has responded admirably to the Covid crisis, reducing rates and supporting customers in need. The interest rate on our VLOC product has not dropped however (interest rate 5.12%) even though the debt is recoverable against our family home (and normal home loan rates have dropped). Otherwise, the VLOC is excellent for providing flexibility.
Read full reviewCommonwealth Bank's products are generally very good, and the bank has responded admirably to the Covid crisis, reducing rates and supporting customers in need. The interest rate on our VLOC product has not dropped however (interest rate 5.12%) even though the debt is recoverable against our family home (and normal home loan rates have dropped). Otherwise, the VLOC is excellent for providing flexibility.
Line of credit suits our needs as we are self employed. Great service when we have needed their assistance.
Read full reviewLine of credit suits our needs as we are self employed. Great service when we have needed their assistance.
They are quite inefficient in some dealings. Interest rate is pathetic and the monthly fee is ridiculous. They have totally lost consumer confidence as a result of the Banking Royal Commission.
Read full reviewThey are quite inefficient in some dealings. Interest rate is pathetic and the monthly fee is ridiculous. They have totally lost consumer confidence as a result of the Banking Royal Commission.
Pros: big bank, plenty of branches, with hi tech online banking.
Read full reviewPros: big bank, plenty of branches, with hi tech online banking.
As a casually employed person I felt the bank did not have confidence in my ability to support my mortgage however I have been able to do that without their help. I had to borrow for a car else where as my insecure employment meant the Commonwealth bank did not want to lend me the money. Their lack of confidence in me has eroded my loyalty to them.
Read full reviewAs a casually employed person I felt the bank did not have confidence in my ability to support my mortgage however I have been able to do that without their help. I had to borrow for a car else where as my insecure employment meant the Commonwealth bank did not want to lend me the money. Their lack of confidence in me has eroded my loyalty to them.
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.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a. variable
2.47% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
1.98% p.a.
fixed 3 years
3.56% p.a.
Bank of Queensland
Fixed Rate
1.94% p.a.
fixed 3 years
2.97% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a. variable
2.47% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
1.98% p.a.
fixed 3 years
3.56% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
Homestar
Star Gold Home Loan
1.79% p.a.
1.84% p.a.
Yard
Variable Home Loan Special
2.09% p.a.
2.12% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
1.98% p.a.
fixed 3 years
3.56% p.a.
Homestar
Star Classic Fixed Home Loan
n/a
n/a
People's Choice Credit Union
Fixed Rate Home Loan (Package)
1.89% p.a.
fixed 3 years
3.03% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
$0.00
Homestar
Star Gold Home Loan
1.79% p.a.
1.84% p.a.
$0.00
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.
