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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.
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. |
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. |
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. |
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. |
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. |
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. |
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. |
Search a property or suburb for sales histories, estimated value, expected rent and local amenities, with our full online Property Reports.
See at a glance how fees, features and loan purposes differ by product.
A home loan expert will call you once you have submitted your application to talk through next steps.
See how much you may need to pay back each week or month.
There are some great ways to save on your home loan.
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.