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
Westpac
6.44%
Variable rate
6.76% comparison rate
Flexi First Option Introductory Home Loan
ANZ
6.54%
Variable rate
6.54% comparison rate
Simplicity Plus
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.
Macquarie Bank
5.39%
Fixed rate
5.84% comparison rate
Basic Home Loan
Bendigo Bank
5.54%
Fixed rate
6.32% comparison rate
Complete Home Loan
Aussie
5.64%
Fixed rate
6.08% comparison rate
Elevate Home Loan
Bank of Melbourne
5.84%
Fixed rate
7.41% comparison rate
Advantage Package
BankSA
5.84%
Fixed rate
7.41% comparison rate
Advantage Package
St.George Bank
5.84%
Fixed rate
7.41% 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
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
Newcastle Permanent
5.49%
Fixed rate
7.45% comparison rate
Premium Plus Package
Illawarra Credit Union
5.59%
Fixed rate
6.55% comparison rate
The Works Package Home Loan
Queensland Country Bank
5.59%
Fixed rate
6.46% comparison rate
Rate Home Loan
The Mac
5.69%
Fixed rate
7.53% comparison rate
Standard Home Loan
The Mutual Bank
5.69%
Fixed rate
7.77% comparison rate
Standard Home Loan
Beyond Bank
5.69%
Fixed rate
7.52% comparison rate
Total Home Loan Package