Investment Home Loan Rates
Compare fixed and variable investment loan rates from major banks, smaller lenders and member-owned institutions on our panel.
Lowest P&I variable
Bank Australia ·
≤90% LVR
6.04%
P.A. rate6.34%
Comparison*Lowest P&I fixed
Suncorp Bank ·
2yr ·
≤80% LVR
6.34%
P.A. rate6.64%
Comparison*Lowest IO variable
Bank Australia ·
≤90% LVR
6.04%
P.A. rate6.34%
Comparison*Lowest IO fixed
ME Bank ·
2yr ·
≤70% LVR
6.39%
P.A. rate6.27%
Comparison**Comparison rates based on a $150,000 loan over 25 years. Different terms, fees or loan amounts might result in a different comparison rate. Rates shown are from our lender panel only.
Best investment property loan rates on our panel
Filter the table and enter your loan amount and term for estimated repayments. For an expert comparison of any investment loan on our lender panel, just click 'compare'.
Investor · Refinance home loans
| Lender & product | Type | Features | Compare | ||
|---|---|---|---|---|---|
:format(webp)){kind=small} Bank Australia Clean Energy Home Loan New Build · Interest only · ≤90% LVR | 6.04%p.a. Comparison* 6.34%p.a. | Variable | OffsetRedrawExtra repays | $3,020 | Compare Lowest |
Bank Australia Clean Energy Home Loan New Build · Principal & interest · ≤90% LVR | 6.04%p.a. Comparison* 6.34%p.a. | Variable | OffsetRedrawExtra repays | $3,613 | Compare Lowest |
:format(webp)){kind=small} Bank of China Discount Investment Home Loan - Australian Income · Interest only · ≤80% LVR | 6.13%p.a. Comparison* 6.33%p.a. | Variable | RedrawExtra repays | $3,065 | |
Bank of China Discount Investment Home Loan - Australian Income · Principal & interest · ≤80% LVR | 6.13%p.a. Comparison* 6.33%p.a. | Variable | RedrawExtra repays | $3,648 | |
Bank of China Discount Plus Investment Home Loan - Australian Income · Principal & interest · ≤80% LVR | 6.13%p.a. Comparison* 6.51%p.a. | Variable | OffsetRedrawExtra repays | $3,648 | |
Bank of China Discount Plus Investment Home Loan - Australian Income · Interest only · ≤80% LVR | 6.13%p.a. Comparison* 6.51%p.a. | Variable | OffsetRedrawExtra repays | $3,065 | |
:format(webp)){kind=small} Bendigo Bank Easy Home Loan · Principal & interest · ≤50% LVR | 6.14%p.a. Comparison* 6.16%p.a. | Variable | RedrawExtra repays | $3,651 | |
Bendigo Bank Easy Home Loan · Principal & interest · ≤60% LVR | 6.14%p.a. Comparison* 6.16%p.a. | Variable | RedrawExtra repays | $3,651 |
If you choose to compare with us, our experts can offer you rates from the lenders in our panel only.
How to get the best investment home loan rate
- 1
Know your LVR
You’ll generally qualify for better investment loan rates with a lower loan-to-value ratio. If possible, increase your deposit or use equity from another property to lower your LVR.
- 2
Ask about your property's value
Ask your mortgage broker which lender is likely to offer you the best valuation for your property. A higher valuation lowers your LVR and might push you into a lower interest rate bracket.
- 3
Avoid unnecessary features
For example, if you’re unlikely to have lots of cash sitting on the sidelines, a loan without an offset account could mean you get a lower rate.
- 4
Look beyond the big banks
Don’t default to your existing bank or the well-known lenders. Some lesser-known lenders specialise in investment lending and are really worth considering. Ask for a discount. Always.
- 5
Check rates regularly
Set a reminder to review your interest rate at least once a year. If it’s not still competitive relative to the rest of the market, call your lender and tell them you'll switch if they can’t lower your rate.
What’s a good investment property loan rate in 2026?
Right now, investment property loans rates starting with in the high-mid 5s are generally considered good for variable loans and shorter fixed terms (1-3 years). For longer fixed rate terms (4 and 5 years), a rate in the mid-high 5s is more realistic.
If your rate starts with a 6, it’s probably worth talking to a mortgage broker to see if you can get a better rate elsewhere.
If you’re a high risk borrower (e.g. high LVR, self-employed with fluctuating income) or borrowing through a self-managed super fund, the best home loan rates are going to be higher and may well be closer to 7% or above.
Should I go with the cheapest rate I can find on my investment loan?
All things being equal, the cheapest investment loan rate is the obvious choice. But there can be scenarios where the cheapest rate may not be the best option for you. For example, if the cheapest rate is:
On a loan with high fees (check the comparison rate for this)
On a fixed loan when variable would be a better fit (or vice versa)
A loan that doesn't offer you the features you need
An intro offer which reverts to a higher rate after a period of time
Offered by a lender you won’t qualify with
Not available on an interest-only home loan when that is what you need
What difference will my interest rate have on my investment property costs?
The table below shows the difference in cost on a regular basis and over the life of a loan based on different investor loan interest rates.
In short, a 1% interest rate difference on a $750,000 loan would mean paying an extra $173,554 in interest over the life of a 30-year loan.
| Interest rate (p.a.) | 5.50% | 6.00% | 6.50% |
|---|---|---|---|
| Monthly repayment | $4,258 | $4,497 (+$239) | $4,741 (+$483) |
| Total interest cost over 30 years | $783,030 | $868,786 (+$85,756) | $956,584 ($173,554) |
| Based on a $750,000 investment property loan with principal & interest repayments over a 30-year term. | |||
Are investment property rates going up or down in 2026?
Interest rates on investment property loans are increasing so far in 2026. In February, the Reserve Bank of Australia increased the cash rate to 3.85%, with a knock on impact in variable investor rates.
Even before the RBA lifted the cash rate, lenders had been increasing their fixed home loan rates in anticipation of a hike. At the start of the year, investors could access interest rates starting with a 4 from some lenders, but with inflation still running hot, higher rates became an inevitability.
That said, even with the recent increases, the average home loan rate for investors is still relatively low when compared to the last couple of years. And if the economists are to be believed, significant further increases this year are unlikely.
Can I refinance my investment property to a lower interest rate?
If you’ve been with your current lender for an extended period (more than 12 months) it’s often possible to refinance to a lower interest rate. Lenders are constantly changing their rates and generally offer slightly lower rates to new customers versus existing borrowers.
On top of the rate, there may be other potential benefits to refinancing your investment loan. For example, some lenders offer cashback to borrowers who switch their loan to them, or you may be able to get a loan with better features, which can save you money.
It's generally more straightforward and cheaper to refinance variable rate home loans. You may have steep break costs if you refinance your loan during a fixed-rate term.
What investment loan rate will I qualify for? (3 factors)
- 1
Loan features
The interest rate on your investment loan will be partly determined by whether you chose a basic or ‘package’ loan. A package loan with features included will likely come with a higher rate as there’s a cost to the lender for providing these extras. Basic loans are usually cheaper but offer less flexibility.
- 2
Low LVR
If you have a low loan balance as a percentage of the value of your investment property, you will generally qualify for lenders’ lowest interest rates. If the value of your property has increased, or you’ve paid down a good chunk of your balance since you last compared rates, you may be in line for a discount.
- 3
Risk level
If as a borrower you’re viewed by the lender as being high risk (e.g. you’re self employed or have a bad credit history) expect to pay a higher interest rate. Lenders also consider the risk associated with the property. Common scenarios where lenders charge higher rates include regional acreage properties and very small/studio apartments.