Today's mortgage & refinance rates: CommBank, NAB, & ANZ slash home loan rates
Refinancers and homebuyers are in for a treat this week, with three of the big four banks ...
30 May, 2025
| Lender | Home Loan | Interest Rate | Comparison Rate* | Monthly Repayment | Repayment type | Rate Type | Offset | Redraw | Ongoing Fees | Upfront Fees | Max LVR | Lump Sum Repayment | Extra Repayments | Split Loan Option | Tags | Features | Link | Compare | Promoted Product | Disclosure |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
4.98% p.a. | 5.40% p.a. | $2,678 | Principal & Interest | Fixed | $0 | $0 | 70% | |||||||||||||
4.98% p.a. | 5.40% p.a. | $2,678 | Principal & Interest | Fixed | $0 | $0 | 60% | |||||||||||||
5.08% p.a. | 5.50% p.a. | $2,709 | Principal & Interest | Fixed | $0 | $0 | 80% | |||||||||||||
5.19% p.a. | 5.60% p.a. | $2,742 | Principal & Interest | Fixed | $0 | $0 | 60% | |||||||||||||
5.19% p.a. | 5.60% p.a. | $2,742 | Principal & Interest | Fixed | $0 | $0 | 70% | |||||||||||||
5.23% p.a. | 5.45% p.a. | $2,179 | Interest-only | Fixed | $0 | $0 | 70% | |||||||||||||
5.23% p.a. | 5.45% p.a. | $2,179 | Interest-only | Fixed | $0 | $0 | 60% | |||||||||||||
5.29% p.a. | 5.70% p.a. | $2,773 | Principal & Interest | Fixed | $0 | $0 | 80% |
Regional Australia Bank is a customer owned bank. It's been around since 1969 in various iterations, and in its current form since 2016. Its self stated mission is to become the trusted bank for all of regional Australia.
Customer owned banks like Regional Australia Bank don't have to retain earnings to deliver as shareholder profit, which can mean they're able to offer lower rates and fewer fees than commercial banks like the big four.
You might find Regional Australia Bank a good fit for your home loan needs if you:
Want a customer-owned bank with competitive rates
Regional Australia Bank offers generally competitive home loan rates compared to the rest of the market.
Prefer in-person service and live in a regional or rural area
Regional Australia Bank currently has 38 branches across regional New South Wales. It says it recognises the 'integral part' these branches play in rural communities and is committed to keeping this branch network open.
Want a flexible, all-in-one loan product
Regional Australia Bank has a single home loan product that's flexible enough to accommodate for many different borrowers. Both owner occupiers and investors are eligible, while rates can be either variable or fixed, and offset accounts can be included. Different rates also apply for loans with different loan-to-value ratios (LVRs), with lower LVRs often translating into lower interest rates.
Are eligible for the 5% Deposit Scheme
Regional Australia Bank is one of the 33 lenders currently participating in the 5% Deposit Scheme. If you're eligible, the scheme could allow you to buy a home with a deposit of less than 20% without having to pay Lenders Mortgage Insurance (LMI).
Are looking for a cashback refinance deal
Regional Australia Bank has at times been known to offer eligible refinancers up to $4,000 cashback for switching their home loan.
Read more: Current home loan cashback offers
Looking for a specific Home Loan Provider? Explore the brands we compare to see a list of their products, rates and features.

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