The lowest advertised rates for your deposit size

Picking the right home loan includes factoring in your circumstances, your financial goals, and what’s a realistic loan for you. It’s also all about finding a competitive rate.

A number of factors can affect the interest rate you can get, with the deposit size you bring to the bank one of the most important.

Those who have been paying down their debt for a number of years are likely to have a decent amount of equity, so if they refinance or upgrade, they’ll have a bigger deposit.

To help your comparison journey, we’ve pulled the lowest home loan rates per deposit size from over 100 home loan products on the RateCity database.

These rates, which are for owner-occupiers paying principal and interest, have been listed based on their advertised rate - but remember there are a number of different factors that go into choosing a loan, so make sure to compare across different lenders to find what’s right for you.

Lowest advertised variable rates for 50% deposit

Source: RateCity.com.au. Data accurate as at 23/02/202. Note: Excludes FHB specials and green loans

Lowest advertised variable rates for 40% deposit

Source: RateCity.com.au. Data accurate as at 23/02/202. Note: Excludes FHB specials and green loans. * (NSW, ACT & QLD only)

Lowest advertised variable rates for 20% deposit

Source: RateCity.com.au. Data accurate as at 23/02/202. Note: Includes FHB specials but excludes green loans

Lowest advertised variable rates for 10% deposit

Source: RateCity.com.au. Data accurate as at 23/02/202. Note: Includes FHB specials but excludes green loans.

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