Save with one of the lowest variable rates~

Our competitive rates and low fees could help you pay off your home loan faster. The sooner you switch, the sooner you could start saving.

Rates from

% p.a.

interest rate*

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comparison rate

Variable interest rate* and comparison rate for basic owner-occupied home loans with principal and interest repayments.



Save with up to 10 offset accounts

  • With an offset account, you can use your savings to reduce the amount of interest you pay on the variable portion of your loan.
  • With the flexibility to open up to 10 offset accounts, you can bucket your money to help separate your everyday spending from your longer term savings goals.
  • Packaging a credit card1 with your home loan gives you the flexibility to pay for everyday items by credit card, and keep your money in your offset account for longer, further reducing the interest your pay. However, it's important to pay off the balance of your credit card in full each month to keep your savings on track.



Save when you spend with exclusive rewards

  • Save when you spend with discounts of up to 10% on eGift cards to use at over 60 leading stores across Australia including Woolworths, Apple, Myer and more.
  • A Macquarie offset home loan and transaction account unlocks access to Macquarie Marketplace, where eGift cards can be instantly purchased on our mobile banking app and available 24/7 in your account.
  • If you choose to package a credit card1 with your home loan, you could earn generous Macquarie Rewards points that can be redeemed for eGift cards. We'll also waive the annual credit card fee for the life of your loan2.



Refinancing online is easy

Get a quote online in 3 minutes and continue to securely apply online. There's live chat to help you through your application and you can save as you go, to pick up where you left off later.

Get started

Get a quote online in 3 minutes and continue to securely apply online. There's live chat to help you through your application and you can save as you go, to pick up where you left off later.

Get started


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Additional information

This information is provided by Macquarie Bank Australian Credit Licence 237502 and does not take into account your objectives, financial situation or needs. You should consider whether it is appropriate for you. Lending criteria, fees and T&Cs apply.


As benchmarked across major lenders.


Rate applies for new loans when you borrow up to 60% of the property value with a principal and interest repayment variable rate loan. Subject to change without notice. 

The comparison rates are based on a loan for $150,000 and a term of 25 years. 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 information in this calculator is by way of example only and is not a prediction or professional financial advice. Calculations are not forecasts, but may assist you in making your own projections. Subject to law, Macquarie will not be liable for any loss or damage caused by your use of the calculator. The information in the calculator does not constitute an offer to lend or imply the product is suitable for you.


Rate applies to new loans with a variable rate loan. Subject to change without notice.


Rate applies to new loans with a fixed rate loan. Subject to change without notice. Fixed rate loans may be subject to significant break costs. Please refer to the loan contracts for terms and conditions regarding break costs. At the end of the fixed rate period, the interest rate will revert to the discount variable rate applicable at that time.

Open up to 10 offset accounts per variable loan account if you have an individual or joint borrower home loan. Company and trust borrowers can open up to 4 offset accounts which must be opened at application. Offset accounts cannot be linked to fixed rate loan accounts. For split loans, with a fixed and variable rate portion, the variable rate loan account must have a minimum limit of $20,000 to qualify for an offset account.


Approval is subject to Macquarie credit criteria and suitability assessment. Terms and conditions apply and are available upon request. Fees and charges apply. Allow up to 10 working days to process your application. Rewards are earned on eligible purchases only.


Please refer to your financial table for credit card annual fees if you discharge your home loan with us. Other fees and charges may apply.

Home loan information and interest rates are current as at 25 March 2022 for new loans only and are subject to change.