LoanOffer
As at 4 August 2026 · 28 days old · Brokerpedia lender rate table via Arrivau weekly rates update

Rates and cashback,
with the date attached

32 lenders, advertised owner-occupier principal-and-interest rates, lowest per term. The date is the important column: this is what the market looked like on the as-at date, not what it looks like this minute.

Lowest advertised variable5.84%Virgin Money
Median advertised variable6.19%across 32 lenders
Advertising a cashback3of 32 listed

Who is advertising a cashback

Three lines, and the same three questions apply to each.

A cashback figure is a headline, not a term sheet. Before it changes your decision, check the ongoing rate after any promotional period, the minimum time you must keep the loan before a clawback applies, and whether the offer applies at your loan size and loan-to-value ratio. The switching calculator turns those into a break-even month.

The full board

Sorted by advertised variable rate. Lowest per lender per term, owner-occupier, principal and interest.

Lender Variable 2y fixed 3y fixed 5y fixed Cashback
Virgin Money 5.84 6.44 6.59 6.89 $4,000
Bank of China 5.93 6.29 6.39 6.39 Special†
Newcastle Permanent 5.99 6.29 6.39 6.49 —
ING 6.04 6.19 6.39 6.49 —
ME Bank 6.04 6.24 6.29 6.94 —
BOQ 6.08 6.24 6.29 6.79 —
Auswide Bank 6.09 6.54 6.59 6.89 —
Heritage Bank 6.09 6.24 6.29 6.39 —
HSBC 6.09 6.34 6.39 6.59 —
Macquarie Bank 6.09 6.19 6.14 6.34 —
MyState Bank 6.09 6.54 6.59 6.89 —
Bendigo Bank 6.13 6.44 6.39 6.44 —
Suncorp Bank 6.13 6.24 6.44 6.54 —
Bank Australia 6.14 6.39 6.49 6.59 —
Qudos Bank 6.14 6.39 6.49 6.59 —
ubank 6.14 6.54 6.59 6.74 —
Bank of Sydney 6.19 7.29 — — —
Gateway Bank 6.19 7.04 6.84 7.34 —
Police & Nurses (P&N) 6.19 6.27 6.69 6.79 —
Bankwest 6.24 6.59 6.69 6.79 —
Beyond Bank 6.24 6.39 6.59 6.69 —
Great Southern Bank 6.24 6.40 6.35 6.30 —
AMP Bank 6.29 6.39 6.49 6.79 —
Teachers Mutual 6.29 6.44 6.54 6.74 —
Bank of Melbourne 6.39 6.44 6.64 6.79 —
BankSA 6.39 6.44 6.64 6.79 —
St. George 6.39 6.44 6.64 6.79 —
Firstmac 6.44 6.74 6.74 6.99 —
Commonwealth Bank (CBA) 6.49 6.34 6.59 6.79 —
Westpac 6.49 6.44 6.64 6.79 —
ANZ 6.54 6.29 6.49 6.59 $3,000
NAB 6.99 6.34 6.49 6.49 —

Source: Brokerpedia lender rate table, as at 4 August 2026. Basis: Owner-occupier, principal and interest, lowest advertised rate per lender per term. Advertised rates as reported by the upstream table on the as-at date. Lenders change pricing without notice; verify any figure on the lender's own terms page before acting on it.

Before you switch

The saving is the rate difference minus what it costs to move. That second number is the one people skip.

Switching cost calculator Discharge, application and government registration fees against the monthly saving, resolved into a break-even month. Run it › Government fees by state Mortgage registration and discharge are set by each land registry. Straight to the page that publishes the current figure. Find your state › How this board is built Where each figure comes from, how often it is re-read, and what this site will not publish. Method ›

Recent notes

Questions

How current is this table?

As at 4 August 2026. Every row carries that date because a rate table without one is not information. Lenders reprice without notice, so treat this as the state of play on the as-at date and confirm anything you plan to act on against the lender's own terms page.

Is the lowest rate the best deal?

Almost never on its own. The advertised rate excludes fees, says nothing about what a fixed rate reverts to, and often applies only below a certain loan-to-value ratio. Compare the comparison rate, the annual package fee, the revert rate and the maximum loan-to-value ratio before the headline.

What does a cashback actually cost?

It depends on the ongoing rate afterwards and the clawback period. Divide your total switching cost, minus the cashback, by the monthly saving to get a break-even month, then check that against the minimum period you must keep the loan. A cashback attached to an uncompetitive ongoing rate is a slow loss.

Why are the switching fees not listed as amounts?

Mortgage registration and discharge fees are set by each state and territory land registry and revised at the start of a financial year. The registry pages are linked instead, because those carry the current figure and a number typed here would not.

General information about advertised lending products in Australia. Rates and offers change without notice and are set by each lender; confirm any figure on the lender's own terms page before acting on it. Published by the team behind Arrivau, an Australian finance business.