Home loans for construction
Big four banks
Australia's big four banks - ANZ, CBA, NAB and Westpac - dominate the financial market, account for roughly 74% of home loans in Australia by value.
Westpac
5.89%
Fixed rate
7.08% comparison rate
Premier Advantage Options Home Loan
Commonwealth Bank
6.34%
Variable rate
6.72% comparison rate
Wealth Package Standard
ANZ
6.39%
Variable rate
6.39% comparison rate
Simplicity Plus
Westpac
6.44%
Variable rate
6.76% comparison rate
Flexi First Option Introductory Home Loan
Major banks
Other major banks account for close to 20% of home loans in Australia. Some are also owned by the big 4 banks. They tend to have a stricter lending policies compare to the big 4 banks, and some lenders are very conservative with their assessment process, hence they are able to offer slighly lower interest rates.
Bendigo Bank
5.54%
Fixed rate
6.32% comparison rate
Complete Home Loan
Macquarie Bank
5.69%
Fixed rate
5.97% comparison rate
Basic Home Loan
St.George Bank
5.79%
Fixed rate
7.40% comparison rate
Advantage Package
Bank of Melbourne
5.79%
Fixed rate
7.40% comparison rate
Advantage Package
BankSA
5.79%
Fixed rate
7.40% comparison rate
Advantage Package
AMP Bank
5.98%
Fixed rate
6.09% comparison rate
First Home Loan
AMP Bank
6.13%
Variable rate
6.13% comparison rate
First Home Loan
Suncorp Bank
6.13%
Variable rate
6.14% comparison rate
Back To Basics
Macquarie Bank
6.14%
Variable rate
6.16% comparison rate
Basic Home Loan
Bendigo Bank
6.14%
Variable rate
6.36% comparison rate
Complete Home Loan
Mutual banks and credit unions
Mutual banks, credit unions, and buildings societies all fall into the customer-owned banking sector in Australia. Although customer-owned banks can often offer you a better interest than other banks and lenders, you generally have to be a strong borrower to get approved.
Bank Australia
5.24%
Fixed rate
6.24% comparison rate
Clean Energy Eco Plus Home Loan
People's Choice
5.39%
Fixed rate
6.26% comparison rate
Home Loan Package First Home Buyer
Australian Mutual Bank
5.49%
Fixed rate
6.24% comparison rate
Home Loan
Heritage Bank
5.49%
Fixed rate
6.26% comparison rate
Home Advantage
Northern Inland CU
5.49%
Fixed rate
6.47% comparison rate
Dream Home Loan
Easy Street Fin Services
5.49%
Fixed rate
5.98% comparison rate
Easy Street
Newcastle Permanent
5.49%
Fixed rate
7.45% comparison rate
Premium Plus Package
Auswide Bank
5.54%
Fixed rate
6.33% comparison rate
Freedom Package
Police Bank
5.59%
Fixed rate
6.21% comparison rate
Police Value Home Loan
Illawarra Credit Union
5.59%
Fixed rate
6.51% comparison rate
The Works Package Home Loan