Which Australian bank offers the best home equity loans for 5 years30.04.2021

Bankchart.com.au has surveyed the terms of the home equity loans for 5 years in the national currency. Our website's analysts have studied the loan offers from all Australian banks. Review date - 30.04.2021

As of 14 April 2021 the loans under review have been offered by 7 banks.   The average comparison rate under such loans equals 5,37 % p.a. The total number of the loan programs available for the specified loan terms is 10.

The most affordable home loan is offered by Bank Australia. The comparison rate under "Line of Credit" loan program constitutes 4,27 % p.a. The table below shows the best offers by each bank selected by Bankchart.com.au (in terms of costs) for the aforementioned terms.

The TOP-7 land ans construction loans loan programs for 5 years, as of 14 April 2021

#

Name

Interest Rate, %

1

4,16

interest rate, %

interest rate

4,16

one-time fees

$ 295,00

periodic fees

no

advance from

0,00 %

2

4,39

interest rate, %

interest rate

4,39

one-time fees

$ 300,00

periodic fees

no

advance from

0,00 %

3

4,78

interest rate, %

interest rate

4,78

one-time fees

no

periodic fees

$ 10,00, monthly

advance from

5,00 %

4

4,84

interest rate, %

interest rate

4,84

one-time fees

no

periodic fees

$ 10,00, monthly

advance from

10,00 %

5

5,96

interest rate, %

interest rate

5,96

one-time fees

$ 600,00

periodic fees

$ 8,00, monthly

advance from

0,00 %

6

6,03

interest rate, %

interest rate

6,03

one-time fees

$ 600,00

periodic fees

$ 8,00, monthly

advance from

0,00 %

7

6,01

interest rate, %

interest rate

6,01

one-time fees

$ 600,00

periodic fees

$ 150,00, annual

advance from

0,00 %

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