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CommBank Fixed Rate Home Loan

The CommBank Fixed Rate Home Loan offers fixed rates from 5.64% p.a. (7.65% p.a. comparison rate*). Low deposit home loans.


Updated 5 July 2025


Fact checked and verified. Updated 5 July 2025
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Interest Rates
Enter scenario to see relevant rates
I want to borrow
with a deposit of
for my
Principal & Interest(% p.a.)
Rate
Type
Interest
Rate
Comparison
Rate*

1 Year Fixed

5.84%

8.17%

2 Year Fixed

5.89%

7.93%

3 Year Fixed

5.64%

7.65%

4 Year Fixed

6.04%

7.58%

5 Year Fixed

6.44%

7.59%

Interest Only(% p.a.)
Rate
Type
Interest
Rate
Comparison
Rate*

1 Year Fixed

6.39%

8.23%

2 Year Fixed

6.24%

8.01%

3 Year Fixed

6.09%

7.79%

4 Year Fixed

6.49%

7.76%

5 Year Fixed

6.69%

7.72%

Expert Review

If you're looking for a simple home loan with basic features, then the CommBank Fixed Rate Home Loan is worth considering. As one of CommBank's more basic home loan offerings, it features fixed interest rates across the Owner Occupier and Investor categories, and the ability to split your loan with CommBank's variable rates. CommBank also offers a home loan package with more comprehensive features, so it is prudent to consider what's most important to you before applying. Further details about the CommBank Fixed Rate Home Loan benefits are outlined below.

Basic non-package loan for owner occupiers:
The key features under this relatively basic offering for owner occupier loans are focused on pricing. Specifically, pricing advertised includes a $8 monthly fee, with a 3 year fixed interest rate from 5.64% p.a. (7.65% p.a. comparison rate), in addition to other investor fixed-rate terms, shown on this page. Upon expiry of the fixed rate term, the interest rate applied to the loan will revert to a variable rate, currently starting from 8.30% p.a. (8.44% p.a. comparison rate), however borrowers usually renegotiate prior to this. Please keep in mind that despite this being a relatively basic no-frills product offering by CommBank, these rates should be able to be negotiated down, particularly for people borrowing a sizeable amount, or for those who hold a sizeable deposit or equity in a property already. This loan does require a minimum of either 5% deposit or 5% existing equity, and often anything above these amounts will help you negotiate a lower interest rate. There is the option to split the loan into Variable and Fixed rate components, plus being able to make extra repayments. In terms of repayments Interest Only repayments or Principal and Interest repayments are available.
Basic non-package loan for investors:
The key features under this relatively basic investor offering are focused on pricing. Specifically, the pricing advertised includes a $8 monthly fee, with a 3 year fixed interest rate from 5.94% p.a. (8.13% p.a. comparison rate), in addition to other fixed-rate periods also displayed on this page. Upon the expiry of the fixed rate period, the loan will revert to a variable rate priced loan, currently priced from 8.88% p.a. (9.02% p.a. comparison rate), however commonly investors renegotiate a new loan prior to this expiry date. Negotiation of these rates down should be possible, depending on your circumstances. Also, while you should speak with your accountant, many investors opt for an interest only loan, of which the rates are also outlined on this page. While these are relatively lower rates under CommBank's more basic no-frills offering, these rates may still be able to be further negotiated down, particularly for investors who are borrowing a large amount, or if they who hold a sizeable deposit or equity in the property already. For investors, this loan does usually require a minimum of 10% deposit or 10% existing equity in the property, and often anything above these amounts will help you negotiate a lower interest rate. There is the option to split the loan into Variable and Fixed rate components, plus being able to make extra repayments. In terms of repayments Interest Only repayments or Principal and Interest repayments are offered.
Summary
Considering the basic features available with this product, this home loan will appeal to a range of people, either as a home owner or as an investor. It will also appeal to someone where the established CommBank brand and service is important, or for those who prefer a traditional bank home loan, rather than borrowing through a smaller or less known lender.

Product Details
Keep your budget on track with competitive fixed rates and a range of repayment options."
- CommBank
Fees

•

$600 establishment fee

•

$8 ongoing monthly fee

Other fees may apply.

Loan Amount

•

From $10,000

Feature

•

Split your loan into fixed and variable rate portions

•

Make extra repayments

•

Ability to lock in the current fixed rate

TMD

Before applying for this product, you should read the Target Market Determination (TMD) available here on the CommBank website.

More information
* Comparison rate is based on a secured loan of $150,000 over a 25 year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
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