Variable home loan rate decrease – we’re passing on the full 25 basis point cut to all variable home loan interest rates effective 29 May 2025. Learn more

Scheduled Outage – Sunday 25th May - Banking Services – find out more

What is a variable rate home loan?

A family entering their new home, smiling and carrying belongings
< Back to 
Home Loans
FAQs

What is a variable rate home loan?

Unlike a fixed-rate home loan which locks in a certain interest rate, a variable home loan is a home loan on which the interest can vary and fluctuate up and down.

How can we help?