From this story on current variable rates
Bernie Fraser: Bank home loans should be below 5 per cent
Bernie Fraser: Bank home loans should be below 5 per cent
TEN LOWEST VARIABLE RATE LENDERS
variable rate (Comparison rate*) Total upfront fees
1. loans.com.au 4.54% (4.56%) $520
2. eMoney 4.55% (4.91%) $380 (PLUS $330 annual fee)
3. iMortgage 4.59% (4.92%) $0 (PLUS $330 annual fee)
4. State Custodians 4.59% (4.92%) $682 (PLUS $299 annual fee)
5. UBank 4.62% (4.62%) $0
6. Yellow Brick Road 4.63% (4.64%) $363
7. CUA 4.65% (4.66%) $195
8. Aussie 4.69% (4.70%) $100
9. bankmecu 4.69% (4.69%) $0
10. firstmac 4.69% (4.99%) $520 (PLUS $295 annual fee)
*Comparison rate based on monthly principal and interest repayments for a $150,000 loan over a 25 year term
Source: Mozo.com.au at 5 August 2014