100 live products
CommBank
Best available rate
5.59%p.a.
Digi Home Loan (Owner Occupied) (Variable)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.72%
Offset
Included
Redraw
Included
Finding the best rates…
Home Loans Comparison
Bank One
CommBank
Best available
From 5.59% p.a.
Line-up
100 live products
VS
CommBank vs Westpac
Compare CommBank and Westpac home loans in March 2026. CommBank offers rates from 5.59% p.a. across 100 products, while Westpac starts at 5.79% p.a. with 179 products. CommBank currently has the lower rate by 0.20%.
VS
179 live products
Westpac
Best available rate
5.79%p.a.
Fixed Rate Home Loan (Investment Fixed 1 Yr)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
6.45%
Offset
Not included
Redraw
Included
Live edge
CommBank is lower on headline home loan rate by 0.20%, which is roughly $83 per month on a $500,000 loan.
0.20% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | CommBank | Westpac |
|---|---|---|
| Interest rate | 5.59% | 5.79% |
| Comparison rate | 5.72% | 6.45% |
| Offset account | Yes | No |
| Redraw | Yes | Yes |
All CommBank Products
Every tracked home loans option from CommBank.
All Westpac Products
Every tracked home loans option from Westpac.
CommBank's lowest variable rate is 5.59% p.a. (comparison rate 5.72%) while Westpac starts at 5.79% p.a. (comparison rate 6.45%). CommBank is 0.20% lower, which saves approximately $83/month on a $500,000 loan.
Key features: CommBank includes offset, CommBank includes redraw, Westpac includes redraw.
Quick Comparison
| Feature | CommBank | Westpac |
|---|---|---|
| Interest Rate | 5.59% | 5.79% |
| Comparison Rate | 5.72% | 6.45% |
| Offset Account | Yes | No |
| Redraw Facility | Yes | Yes |
Common Questions
CommBank vs Westpac FAQs
Which bank has a lower home loan rate, CommBank or Westpac?
CommBank currently offers the lower variable rate at 5.59% p.a. compared to 5.79% p.a. Always check the comparison rate for a true cost picture.
Do CommBank and Westpac home loans have offset accounts?
CommBank offers an offset account. Westpac does not include an offset account.
What is CommBank's lowest home loan rate in 2026?
CommBank's lowest variable rate is 5.59% p.a. (comparison rate 5.72%) on the Digi Home Loan (Owner Occupied) (Variable).
What is Westpac's lowest home loan rate in 2026?
Westpac's lowest variable rate is 5.79% p.a. (comparison rate 6.45%) on the Fixed Rate Home Loan (Investment Fixed 1 Yr).