Home Loan Interest rates

View our latest interest rates for a range of BankSA home loans to suit your needs. Compare our variable and fixed interest rates for owner occupiers and investors.

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Our featured home loan rate

Basic home loan. Sensational rate.

2.34% p.a. Variable rate
2.36% p.a. Comparison rate¹

Including 1.88% p.a. discount off our Basic Home Loan Variable Rate with no package fee. For new Owner Occupier (Principal & Interest^{^}).

T&C's apply. See comparison rate warning.

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Owner Occupier rates for new loans

Variable Rates

Standard Variable Rate - Owner Occupier

	Annual Rate	Comparison rate¹
Principal & Interest
Standard rate	4.80% p.a.	4.97% p.a.
Interest only
Standard rate	5.39% p.a.	5.56% p.a.

Standard Variable Rate - Owner Occupier with Advantage Package^*

	Annual Rate including Advantage Package^* Discount of 1.31% p.a.	Comparison rate¹
Principal & Interest
Standard rate	3.49% p.a.	3.90% p.a.
Interest only
Standard rate	4.08% p.a.	4.48% p.a.

Basic Home Loan - Owner Occupier

Term	Annual Rate	Comparison rate¹
Principal & Interest Special offer^ discount of 1.88% p.a. off the Basic Home Loan rate is included in the below rates.
Standard rate	2.34% p.a.	2.36% p.a.
Interest only Special offer^^ discount of 1.42% p.a. off the Basic Home Loan rate is included in the below rates.
Standard rate	3.39% p.a.	3.41% p.a.

Fixed Rates

Fixed Rate Home Loan - Owner Occupier

Term	Annual rate	Comparison rate¹
Principal & Interest
1 year standard fixed rate	3.09% p.a.	4.81% p.a.
2 year standard fixed rate	3.99% p.a.	4.82% p.a.
3 year standard fixed rate	4.49% p.a.	4.89% p.a.
4 year standard fixed rate	4.69% p.a.	4.93% p.a.
5 year standard fixed rate	4.89% p.a.	5.01% p.a.
Interest only
1 year standard fixed rate	4.54% p.a.	5.47% p.a.
2 year standard fixed rate	4.69% p.a.	5.42% p.a.
3 year standard fixed rate	5.09% p.a.	5.47% p.a.
4 year standard fixed rate	5.24% p.a.	5.50% p.a.
5 year standard fixed rate	5.34% p.a.	5.53% p.a.

Fixed Rate Home Loan - Owner Occupier with Advantage Package^*

Our Advantage Package gives you a 0.15% p.a. interest rate discount and other product savings, for one $395 annual package fee*. Available on loans over $150,000.

Term	*Annual rate including 0.15% p.a. package discount**	Comparison rate¹
Principal & Interest
1 year standard fixed rate less package discount	2.94% p.a.	3.85% p.a.
2 year standard fixed rate less package discount	3.84% p.a.	3.96% p.a.
3 year standard fixed rate less package discount	4.34% p.a.	4.12% p.a.
4 year standard fixed rate less package discount	4.54% p.a.	4.25% p.a.
5 year standard fixed rate less package discount	4.74% p.a.	4.41% p.a.
Interest only
1 year standard fixed rate less package discount	4.39% p.a.	4.51% p.a.
2 year standard fixed rate less package discount	4.54% p.a.	4.56% p.a.
3 year standard fixed rate less package discount	4.94% p.a.	4.70% p.a.
4 year standard fixed rate less package discount	5.09% p.a.	4.82% p.a.
5 year standard fixed rate less package discount	5.19% p.a.	4.94% p.a.

Relocation Home Loan - Owner Occupier

	Annual Rate	Comparison rate¹
Interest only
With end loan
Standard rate	5.39% p.a.	5.56% p.a.
Without end loan
Standard rate	5.39% p.a.	5.61% p.a.

Residential
Investment rates for new loans

Variable Rates

Standard Variable Rate - Residential Investment

	Annual Rate	Comparison rate¹
Principal & Interest
Standard rate	5.37% p.a.	5.54% p.a.
Interest only
Standard rate	5.66% p.a.	5.83% p.a.

Standard Variable Rate - Residential Investment with Advantage Package^*

Our Advantage Package offers a 1.31% p.a. variable interest rate discount and other product savings, for one $395 annual package fee*. Available on loans over $100,000.

	Annual Rate including Advantage Package^* Discount of 1.31% p.a.	Comparison rate¹
Principal & Interest
Standard rate	4.06% p.a.	4.46% p.a.
Interest only
Standard rate	4.35% p.a.	4.74% p.a.

Basic Home Loan - Residential Investment

	Annual Rate	Comparison rate¹
Principal & Interest Special offer^{^^^} 2.05% p.a. off the Basic Home Loan rate is included in the below rates.
Standard rate	2.74% p.a.	2.76% p.a.
Interest only Special offer^{^^^^} 2.14% p.a. off the Basic Home Loan rate is included in the below rates.
Standard rate	2.94% p.a.	2.96% p.a.

Fixed Rates

Fixed Rate Home Loan - Residential Investment

Term	Annual rate	Comparison rate¹
Principal & Interest
1 year standard fixed rate	3.29% p.a.	5.33% p.a.
2 year standard fixed rate	4.19% p.a.	5.31% p.a.
3 year standard fixed rate	4.69% p.a.	5.35% p.a.
4 year standard fixed rate	4.99% p.a.	5.40% p.a.
5 year standard fixed rate	5.09% p.a.	5.42% p.a.
Interest only
1 year standard fixed rate	3.74% p.a.	5.63% p.a.
2 year standard fixed rate	4.49% p.a.	5.60% p.a.
3 year standard fixed rate	4.99% p.a.	5.64% p.a.
4 year standard fixed rate	5.29% p.a.	5.69% p.a.
5 year standard fixed rate	5.39% p.a.	5.71% p.a.

Fixed Rate Home Loan - Residential Investment with Advantage Package^*

Our Advantage Package gives you a 0.15% p.a. interest rate discount and other product savings, for one $395 annual package fee*. Available on loans over $150,000.

Term	*Annual rate including 0.15% p.a. package discount**	Comparison rate¹
Principal & Interest
1 year standard fixed rate less package discount	3.14% p.a.	4.37% p.a.
2 year standard fixed rate less package discount	4.04% p.a.	4.45% p.a.
3 year standard fixed rate less package discount	4.54% p.a.	4.58% p.a.
4 year standard fixed rate less package discount	4.84% p.a.	4.72% p.a.
5 year standard fixed rate less package discount	4.94% p.a.	4.82% p.a.
Interest only
1 year standard fixed rate less package discount	3.59% p.a.	4.67% p.a.
2 year standard fixed rate less package discount	4.34% p.a.	4.74% p.a.
3 year standard fixed rate less package discount	4.84% p.a.	4.87% p.a.
4 year standard fixed rate less package discount	5.14% p.a.	5.01% p.a.
5 year standard fixed rate less package discount	5.24% p.a.	5.11% p.a.

Relocation Home Loan - Residential Investment (No longer available for sale)

	Annual Rate	Comparison rate¹
Interest only
With end loan
Standard rate	5.66% p.a.	5.83% p.a.
Without end loan
Standard rate	5.66% p.a.	5.88% p.a.

Specialist Loans

Portfolio Loan - Residential Investment

Loan type not available for applications from 30 September 2021

Get an Advantage Package^* discount on Balances $100,000+

Balances	Annual Rate
Standard Variable Rate	6.23% p.a.
Standard Variable Rate with Advantage Package^* discount of 1.31 % p.a. included in the annual rate.	4.92% p.a.

Portfolio Loan Fixed Rate sub-accounts

Loan type not available for applications from 30 September 2021

Get an Advantage Package^* discount on Balances $150,000+

Term	Annual rate	Annual rate including Advantage Package^* Discount of 0.15% p.a.
Interest only
1 year fixed	3.74% p.a.	3.59% p.a.
2 year fixed	4.49% p.a.	4.34% p.a.
3 year fixed	4.99% p.a.	4.84% p.a.
4 year fixed	5.29% p.a.	5.14% p.a.
5 year fixed	5.39% p.a.	5.24% p.a.

Existing Home Loan Rates

Variable Rates

Variable Loans Reference Rates²

The reference rate is your variable interest rate before any discounts. To find out your reference rate, please refer to your loan contract or contact us on 13 13 76.

	Annual Rate	Comparison rate¹
Owner Occupier Standard Variable Rate	4.80% p.a.	4.97% p.a.
Owner Occupier Interest Only Standard Variable Rate	5.39% p.a.	5.56% p.a.
Residential Investment Standard Variable Rate	5.37% p.a.	5.54% p.a.
Residential Investment Interest Only Standard Variable Rate	5.66% p.a.	5.83% p.a.
Portfolio Loan Variable Rate _{Loan type not available for applications from 30 September 2021}	6.23% p.a.	n/a
Owner Occupier Basic Rate	4.22% p.a.	4.27% p.a.
Owner Occupier Interest Only Basic Rate	4.81% p.a.	4.86% p.a.
Residential Investment Basic Rate	4.79% p.a.	4.84% p.a.
Residential Investment Interest Only Basic Rate	5.08% p.a.	5.13% p.a.

Fixed Rate Owner Occupied

Fixed Rate Home Loan - Owner Occupier

Below are the Fixed Rate Home Loan interest rates available to fix or re-fix an existing loan.

Note that a discount may apply – please refer to your loan contract or fixed rate maturity letter or call 13 13 76

Term	Annual rate	Comparison rate¹
Principal & Interest
1 year fixed	3.09% p.a.	4.81% p.a.
2 year fixed	3.99% p.a.	4.82% p.a.
3 year fixed	4.49% p.a.	4.89% p.a.
4 year fixed	4.69% p.a.	4.93% p.a.
5 year fixed	4.89% p.a.	5.01% p.a.
Interest only
1 year fixed	4.54% p.a.	5.47% p.a.
2 year fixed	4.69% p.a.	5.42% p.a.
3 year fixed	5.09% p.a.	5.47% p.a.
4 year fixed	5.24% p.a.	5.50% p.a.
5 year fixed	5.34% p.a.	5.53% p.a.

Fixed Rate Home Loan - Owner Occupier with Advantage Package^*

Below are the Fixed Rate Home Loan interest rates available to fix or re-fix an existing loan under our Advantage Package^* and include the 0.15% p.a. package discount.

Note that a discount may apply – please refer to your loan contract or fixed rate maturity letter or call 13 13 76.

Term	Annual rate	Comparison rate¹
Principal & Interest
1 year fixed	2.94% p.a.	3.85% p.a.
2 year fixed	3.84% p.a.	3.96% p.a.
3 year fixed	4.34% p.a.	4.12% p.a.
4 year fixed	4.54% p.a.	4.25% p.a.
5 year fixed	4.74% p.a.	4.41% p.a.
Interest only
1 year fixed	4.39% p.a.	4.51% p.a.
2 year fixed	4.54% p.a.	4.56% p.a.
3 year fixed	4.94% p.a.	4.70% p.a.
4 year fixed	5.09% p.a.	4.82% p.a.
5 year fixed	5.19% p.a.	4.94% p.a.

Fixed Rate Residential Investment

Fixed Rate Home Loan - Residential Investment

Below are the Fixed Rate Home Loan interest rates available to fix or re-fix an existing loans.
Note that a discount may apply – please refer to your loan contract or fixed rate maturity letter or call 13 13 76.

Term	Annual rate	Comparison rate¹
Principal & Interest
1 year fixed	3.29% p.a.	5.33% p.a.
2 year fixed	4.19% p.a.	5.31% p.a.
3 year fixed	4.69% p.a.	5.35% p.a.
4 year fixed	4.99% p.a.	5.40% p.a.
5 year fixed	5.09% p.a.	5.42% p.a.
Interest only
1 year fixed	3.74% p.a.	5.63% p.a.
2 year fixed	4.49% p.a.	5.60% p.a.
3 year fixed	4.99% p.a.	5.64% p.a.
4 year fixed	5.29% p.a.	5.69% p.a.
5 year fixed	5.39% p.a.	5.71% p.a.

Fixed Rate Home Loan - Residential Investment with Advantage Package^*

Below are the Fixed Rate Home Loan interest rates available to fix or re-fix an existing loan under our Advantage package^*and include the 0.15% p.a. package discount.
Note that a discount may apply – please refer to your loan contract or fixed rate maturity letter or call 13 13 76.

Term	Annual rate	Comparison rate¹
Principal & Interest
1 year fixed	3.14% p.a.	4.37% p.a.
2 year fixed	4.04% p.a.	4.45% p.a.
3 year fixed	4.54% p.a.	4.58% p.a.
4 year fixed	4.84% p.a.	4.72% p.a.
5 year fixed	4.94% p.a.	4.82% p.a.
Interest only
1 year fixed	3.59% p.a.	4.67% p.a.
2 year fixed	4.34% p.a.	4.74% p.a.
3 year fixed	4.84% p.a.	4.87% p.a.
4 year fixed	5.14% p.a.	5.01% p.a.
5 year fixed	5.24% p.a.	5.11% p.a.

Specialist

Portfolio Loan Fixed Rate sub-accounts

Loan type not available for applications from 30 September 2021

Our Advantage Package gives you a 0.15% p.a. interest rate discount and other product savings, for one $395 annual package fee^*. Available on loans over $150,000.

Term	Annual rate	Annual rate including Advantage Package^* Discount of 0.15% p.a.
Interest only
1 year fixed	3.74% p.a.	3.59% p.a.
2 year fixed	4.49% p.a.	4.34% p.a.
3 year fixed	4.99% p.a.	4.84% p.a.
4 year fixed	5.29% p.a.	5.14% p.a.
5 year fixed	5.39% p.a.	5.24% p.a.

Super Fund Home Loan – Residential Investment

Loan type not available for applications after 30 July 2018

Term	Annual rate	Comparison rate¹
Principal & Interest
Variable Rate	6.12% p.a.	6.37% p.a.
Fixed Rate
1 year fixed	5.99% p.a.	6.36% p.a.
2 year fixed	5.99% p.a.	6.34% p.a.
3 year fixed	6.09% p.a.	6.36% p.a.
4 year fixed	6.39% p.a.	6.47% p.a.
5 year fixed	6.39% p.a.	6.49% p.a.

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Important information

Conditions, fees and credit criteria apply. Based on BankSA’s credit criteria, residential lending is not available for Non-Australian resident borrowers.

Before making a decision, it’s best to read the terms and conditions:

Please read these documents and keep a copy. You can request a paper copy at a branch.

Fixed rate home loan: BankSA will apply the fixed rate that is available at the loan settlement date or the date the fixed rate period commences. At the end of the fixed rate period the interest rate will convert to the applicable variable home loan interest rate.

The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it’s right for you. If you need help, call 13 13 76. Tax consequences may arise from promotions for investors and customers should seek independent advice on any taxation matters.

¹ Comparison Rate: The comparison rate is based on a loan of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

² For sale products only

^*Advantage Package Terms & Conditions (PDF 349KB) apply. A $395 annual package fee applies and is payable from a BankSA Complete Freedom transaction account. Before deciding to open a BankSA Complete Freedom account, read the Terms & Conditions, and consider if the account’s right for you.

^{^} Basic Home Loan Promotional Principal and Interest Rate: This offer is only available for new Owner Occupier Basic Home Loan applications with Principal and Interest repayments received from 24/03/2022. Discount applies to our Basic Home Loan offer for the life of the loan. Excludes internal refinances and switches within the Westpac Group, which includes Westpac, St.George, Bank of Melbourne, BankSA and RAMS. This offer may be varied or withdrawn at any time. Interest rates subject to change.

^{^^} Basic Home Loan Promotional Interest Only Rate: This offer is only available for new Owner Occupier Basic Home Loan applications with Interest Only repayments received from 26/10/2020. Discount applies to our Basic Home Loan offer for the life of the loan. Excludes internal refinances and switches within the Westpac Group, which includes Westpac, St.George, Bank of Melbourne, BankSA and RAMS. This offer may be varied or withdrawn at any time. Interest rates subject to change.

^{^^^} Residential Investment Basic Principal and Interest Promotional Rate: This offer is only available for new Residential Investment Basic Home Loan applications with Principal and Interest repayments received from 04/11/2021. Discount applies to our Basic Home Loan offer for the life of the loan. Excludes internal refinances and switches within the Westpac Group, which includes Westpac, St.George, Bank of Melbourne, BankSA and RAMS. This offer may be varied or withdrawn at any time. Interest rates subject to change.

^{^^^^} Residential Investment Basic Interest Only Promotional Rate: This offer is only available for new Residential Investment Basic Home Loan applications with Interest Only repayments received from 04/11/2021. Discount applies to our Basic Home Loan offer for the life of the loan. Excludes internal refinances and switches within the Westpac Group, which includes Westpac, St.George, Bank of Melbourne, BankSA and RAMS. This offer may be varied or withdrawn at any time. Interest rates subject to change.

Home Loan Interest rates

Our featured home loan rate

Basic home loan. Sensational rate.

Owner Occupier rates for new loans

Standard Variable Rate - Owner Occupier

Standard Variable Rate - Owner Occupier with Advantage Package*

Basic Home Loan - Owner Occupier

Residential Investment rates for new loans

Standard Variable Rate - Residential Investment

Standard Variable Rate - Residential Investment with Advantage Package*

Basic Home Loan - Residential Investment

Existing Home Loan Rates

Variable Loans Reference Rates2

Tools to help you research

Property & suburb reports

Compare home loans

Start your application online

Understanding the home loan process

Home Loan Repayment Calculator

Save on your home loan

Request a call back

Call us on

Find a lender

Standard Variable Rate - Owner Occupier with Advantage Package^*

Residential
Investment rates for new loans

Standard Variable Rate - Residential Investment with Advantage Package^*

Variable Loans Reference Rates²