100 live products
CommBank
Best available rate
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…
Bank One
Best available
From 5.59% p.a.
Line-up
100 live products
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%.
100 live products
Best available rate
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
179 live products
Best available rate
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.
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 |
Every tracked home loans option from CommBank.
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.
| 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 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.
CommBank offers an offset account. Westpac does not include an offset account.
CommBank's lowest variable rate is 5.59% p.a. (comparison rate 5.72%) on the Digi Home Loan (Owner Occupied) (Variable).
Westpac's lowest variable rate is 5.79% p.a. (comparison rate 6.45%) on the Fixed Rate Home Loan (Investment Fixed 1 Yr).
Bank Two
Best available
From 5.79% p.a.
Line-up
179 live products
| Annual Fee | $0 | $395 |
CommBank currently offers a 0.20% lower home loan rate.
Keep Comparing
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