Home loans for construction
Big four banks
Australia's big four banks - ANZ, CBA, NAB and Westpac - dominate the financial market, account for roughly 74% of home loans in Australia by value.


Westpac
5.89%
Fixed rate
7.08% comparison rate
Premier Advantage Options Home Loan


Commonwealth Bank
6.34%
Variable rate
6.72% comparison rate
Wealth Package Standard


ANZ
6.39%
Variable rate
6.39% comparison rate
Simplicity Plus


Westpac
6.44%
Variable rate
6.76% comparison rate
Flexi First Option Introductory Home Loan
Major banks
Other major banks account for close to 20% of home loans in Australia. Some are also owned by the big 4 banks. They tend to have a stricter lending policies compare to the big 4 banks, and some lenders are very conservative with their assessment process, hence they are able to offer slighly lower interest rates.


Bendigo Bank
5.54%
Fixed rate
6.32% comparison rate
Complete Home Loan


Macquarie Bank
5.69%
Fixed rate
5.97% comparison rate
Basic Home Loan


St.George Bank
5.79%
Fixed rate
7.40% comparison rate
Advantage Package


Bank of Melbourne
5.79%
Fixed rate
7.40% comparison rate
Advantage Package


BankSA
5.79%
Fixed rate
7.40% comparison rate
Advantage Package


AMP Bank
5.98%
Fixed rate
6.09% comparison rate
First Home Loan


AMP Bank
6.13%
Variable rate
6.13% comparison rate
First Home Loan


Suncorp Bank
6.13%
Variable rate
6.14% comparison rate
Back To Basics


Macquarie Bank
6.14%
Variable rate
6.16% comparison rate
Basic Home Loan


Bendigo Bank
6.14%
Variable rate
6.36% comparison rate
Complete Home Loan
Mutual banks and credit unions
Mutual banks, credit unions, and buildings societies all fall into the customer-owned banking sector in Australia. Although customer-owned banks can often offer you a better interest than other banks and lenders, you generally have to be a strong borrower to get approved.


Bank Australia
5.24%
Fixed rate
6.24% comparison rate
Clean Energy Eco Plus Home Loan


People's Choice
5.39%
Fixed rate
6.26% comparison rate
Home Loan Package First Home Buyer


Australian Mutual Bank
5.49%
Fixed rate
6.24% comparison rate
Home Loan


Heritage Bank
5.49%
Fixed rate
6.26% comparison rate
Home Advantage


Northern Inland CU
5.49%
Fixed rate
6.47% comparison rate
Dream Home Loan


Easy Street Fin Services
5.49%
Fixed rate
5.98% comparison rate
Easy Street


Newcastle Permanent
5.49%
Fixed rate
7.45% comparison rate
Premium Plus Package


Auswide Bank
5.54%
Fixed rate
6.33% comparison rate
Freedom Package


Police Bank
5.59%
Fixed rate
6.21% comparison rate
Police Value Home Loan


Illawarra Credit Union
5.59%
Fixed rate
6.51% comparison rate
The Works Package Home Loan