What Home Loan/Investment Loan Interest Are You Paying

Megatron on 18/07/2025 - 11:50
Last edited 18/07/2025 - 13:08

Hi All,

Wondering what Interest rates is everyone paying on their Home or Inv loans? This would help people determine if they are paying too high a rate so that they can look at options.

Please dont post any personal indetifying information, including the name of the bank you currently bank with. Best to do those things via private messages

I will start with mine -

Bank - One of the BigFour (LVR >70%)
Owner Occupier - 5.46%
Inv Loan - 5.79%

Refinance quote from another BigFour
Owner Occupier - 5.53%
Inv Loan - 5.71%

Current Best rates available in the Market are with People's Choice Credit Union, however their policies are very restrictive and limit borrowing capacity. If someone has only one home and are salaried people, here are their rates for less than 70% LVR -
Owner Occupier - 5.39%
Inv Property - 5.53%

Financial Home Loan Loan

Comments

  • boomramada on 18/07/2025 - 11:56
    +1

    This also depends on how big your loan is

    • Megatron on 18/07/2025 - 12:07
      +2

      It does but the variance is not much.. the one with People's choice credit union, is same rate for anyone borrowing above $150k with 70% or less LVR.

  • onetwothreefour on 18/07/2025 - 12:22
    +4

    including the name of the bank you currently bank with

    Why?

  • SnowDragon on 18/07/2025 - 12:40

    Was 6.04% 5 months ago

    Currently 5.54% PPOR with ING and has a redraw which is handy.

    • 1 Sec on 19/07/2025 - 11:42

      Ahem. Strange. We are with ING for our PPOR and LVR under 70% - Paying 5.69%. It was around 5.74% and after calling them and asking for a rate reconsideration, they reduced to 5.69%.

      My mortgage broker recommends that’s the best we can get right now.

      Looking at the comments here, maybe I need to do more research and start contacting other banks.

      • SnowDragon on 19/07/2025 - 12:37

        You could always call up and say "my colleague has 5.54% with you and if you can't match that I'll go elsewhere"

      • tomclancy on 19/07/2025 - 21:39

        https://broker.ing.com.au/home-loans.html#SectionHomeLoanRat…

        ING advertised rates are 5.64% so you're paying more than the advertised rack rates? Also, ING have an additional 0.10% discount for larger loans (usually >$700,000) if you or your broker ask.

      • vorsprung on 21/07/2025 - 12:22

        I'm currently on 5.49% with ING (moving to HSBC though). Compared to what they're offering now, I got a really good rate with them when I refinanced 2 years ago.

  • sghetti on 18/07/2025 - 12:51

    5.39% with People's Choice is only available on loans with LVR below 70% should be noted.

    • Megatron on 18/07/2025 - 13:09
      +1

      Yep - I noted it in the comment above.. have added to the post.

      • sghetti on 18/07/2025 - 16:25

        Great rate, surprised they've gone that low. Currently on 5.49% OO, after the latest rate cut I would've been on 5.45% with my previous lender. But I got sick of the outdated Internet Banking and lack of Open Banking facilities to pull down transactions into personal finance apps. Needed to cash out some equity and decided to move at the same time.

  • 2jzzzz on 18/07/2025 - 13:33

    5.37 with offset with St George

    • unco on 18/07/2025 - 14:38

      What's your LVR? I'm on 5.6% with Bank of Melbourne just a tad over 70% LVR.

      • 2jzzzz on 18/07/2025 - 16:29

        Right now it's fully offset, but the loan size is probably 60% LVR. It was an investment property when we had another place, but sold the other and turned this into a PPOR

        • Makaveli99 on 26/07/2025 - 18:10

          Yes fully offset sounds nice. Always hate paying money to the bank. Esp in PPOR

    • aragornelessar on 18/07/2025 - 22:26

      Is it a single offset account still? I wanted multiple offsets but they were saying no-go a few years ago

      • miwahni on 19/07/2025 - 00:57

        St.George used to offer up to 99 offset accounts, what changed? That was the case for years.

        • aragornelessar on 19/07/2025 - 11:03

          That's not what they told me :/ I bank with them too so was asking to keep it together and they told me nope

  • tonypepperoni on 18/07/2025 - 14:13

    7.3% lol

    • Megatron on 18/07/2025 - 15:10

      Damn man.. is it one of the Low doc lenders? Or a standard bank? If it is a standard bank, sometimes a discussions with them would help.. currently the highest home loan for owner occupier with a bank is around 6.2% so your is pretty far off.

  • Hybroid on 18/07/2025 - 14:49

    5.68% with ANZ offset account. 75% LVR.

    • love2buy on 07/08/2025 - 13:32

      Any annual fee? I'm similar situation but 5.74% with Westpac

      • Hybroid on 07/08/2025 - 13:45
        +1

        $10/month for the offset account. Nothing else.

        $3,000 cashback cancels this for 2.5 years.

  • JIMB0 on 18/07/2025 - 16:53

    Mines around 6c paid monthly. Not sure on the percentage.

  • miwahni on 19/07/2025 - 00:59

    I'm honestly not sure, and considering I work in finance, that's pretty appalling.

  • temporiser on 19/07/2025 - 07:47
    +1

    Westpac OO P&I = 5.5%
    Westpac Invest interest only = 6.02%

    Overall LVR < 80%

    • Makaveli99 on 26/07/2025 - 18:13

      That investment rate can be improve. Call your bank. Some can be slack in matching or doing anything or reduce only by little amount.

    • love2buy on 07/08/2025 - 13:42

      I'm also with Westpac but on 5.74% OO P&I with LVR about 70%. How did you achieve that rate? Last time I tried, they didn't budge. Please help.

  • vorsprung on 20/07/2025 - 08:14

    Moving to HSBC any day now for 5.39%, OO around 45% LVR. Comes with offset accounts but there’s a $390 annual fee which has been halved to $195.

    I don’t really care about the offsets, and I’m not a fan of the annual fee. It’s just good for this split loan / debt recycling strategy I’m pursuing.

    • pork on 20/07/2025 - 21:41

      I'm on that rate with that bank. Higher LVR than yours, and no annual fee

      • vorsprung on 21/07/2025 - 12:19
        +1

        Nice. I believe the LVR limit was 60% to get that rate, but who knows. Good to know it's achievable without the annual fee too (I wasn't sure). I need the package anyway, so I hadn't bothered to look.

        • pork on 21/07/2025 - 14:35

          I've been with them since 2023 and the no annual fee thing was given to me without me having to ask (and I'm not a big ticket borrower they would have been desperate to land). It's definitely worth your while to argue for the annual fee to be removed entirely, as it would seem to be possible for them to do. If they refuse to do it now, try again in 6 or 12 months by saying you're considering going elsewhere unless….

    • Makaveli99 on 26/07/2025 - 18:16

      5.39% for PPOR is good. Did u use a broker or contact bank directly etc.

  • watwatwat on 22/07/2025 - 13:40

    PPOR and investment redraw at 80% LVR: 5.49%
    Margin loans: 6.4% to 8%.

    • Makaveli99 on 26/07/2025 - 18:03

      Nice which bank

      • watwatwat on 27/07/2025 - 01:49
        +1

        AMP.

        Despite having a dodgy history, I find their service to me great.

        • Makaveli99 on 27/07/2025 - 16:07

          Great rate to have investment same as PPOR. Did u go via broker

  • Makaveli99 on 26/07/2025 - 18:04

    Inv loan - 5.84 IO - HSBC. HSBC are ok, they did make key mistakes when I wanted to take another loan. Sent lender staff email with payslip etc as request for new lending but they didn’t get back to me so I had to chase up for update. Found out staff moved teams, department. I went with another lender before I found that out, as lack of response prompted me to seek elsewhere. Once that process was in works, I call & email to chase HSBC on what happen. Thus I don’t like them either.

  • love2buy on 07/08/2025 - 13:46

    Bank - One of the BigFour (LVR >70%)

    Do you mean (LVR <70%)

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