#MortgageRates #Refinance #FinanceQuestion 🏡
Hey, AusFinance community! 👋 What is your variable mortgage rate currently? I’m curious to compare notes and see if there have been any significant drops in rates over the past few months.
I recently heard some friends boasting about snagging sub 6% (5.89%) rates for owner-occupied properties after refinancing with an LVR of 75%-80%. Meanwhile, I’m sitting at 6.09% with Westpac for a similar LVR.
Would love to hear what rates you all are currently getting and any tips on how to potentially lower my own rate. Let’s share some knowledge and help each other out! 💡
Thanks in advance for all your input! 🙏
I’m on 6.06% with Westpac. Just under 70% LVR.
LVR 40%
Variable 6.41 CBA
Fixed 3.69 CBA ends 03/2026
To clarify it’s a split loan on my PPOR*
6.74% with offset (mortgage is fully offset) & no fees through a subsidiary of Resimac..
6.09% w/offset Westpac.
Owner occupier 6.25 with NAB
Noob Here. How is LVR calculated.
House price 700K
Redraw account 300K
Loan balance (excl. Redraw amount) 600K
Current house val 750k
LVR %?
5.94 with Beyond Bank
Owner occupied, CBA 6.08%. LVR 89%.
6.24%. NAB. a hair under 80% LVR.
5.94 variable. Unlimited redraw, no offset. LVR <40. HSBC.
Owner occupied, lvr ~75%, 5.99% with offset. AusWide Bank
5.90% up bank unlimited off sets
6.10 80% LVR with offset
6.29% Macquarie 60% LVR Owner Occ
LVR 85%. Great Southern Bank, was 6.59% but they rang me this morning and dropped it to 6.24%
Var 5.99 w BOM, LVR 60%
6.39% with NAB and 98% LVR
6.24 with St George. About 80% lvr
6.34% variable. CBA. LVR 90% as FHB.
6.04% on 60% refinanced middle of last year with Wpac
6.54% St George. 88% LVR.
5.94 % HSBC 15%LVR
6.04 Bankvic. Just came off 4 years at 1.95%.
700k owed on 1800k
6.09%, 60% LVR, no fees, unlimited offsets.
6.09% with ~50% LTV.
Taken out about 11 months ago, and the fixed portion is at 5.69%
ING
5.69% variable with ST George, 80% lvr.
6.09 @ 45% lvr. CBA
6.34% LVR 90. CBA.
ING 6.24% 60% LVR.
Refinancing isn’t worth it at this stage.
5.89% (LVR 60%) @ HSBC
6.09% lvr <60% no drop for months
Lvr 70% owner occupied ANZ =6.24%
5.94% for me, with Heritage bank.
6.09 bankwest
5.89% Tiimely Loans. LVR around 35%
5.99% lvr 81% tiimely
*clears throat*
Me again, still at 8.9% Offset + really low LVR.
5.90% Variable 75% LVR with Unloan (digital cba)