130 live products
Macquarie
Best available rate
5.59%p.a.
Macquarie Basic Home Loan (Variable)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.61%
Offset
Not included
Redraw
Included
Finding the best rates…
Home Loans Comparison
Bank One
Macquarie
Best available
From 5.59% p.a.
Line-up
130 live products
VS
Macquarie vs NAB
Compare Macquarie and NAB home loans in March 2026. Macquarie offers rates from 5.59% p.a. across 130 products, while NAB starts at 5.74% p.a. with 146 products. Macquarie currently has the lower rate by 0.15%.
VS
146 live products
NAB
Best available rate
5.74%p.a.
Nab Tailored Home Loan (Fixed 1 Yr)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
6.28%
Offset
Included
Redraw
Included
Live edge
Macquarie is lower on headline home loan rate by 0.15%, which is roughly $63 per month on a $500,000 loan.
0.15% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Macquarie | NAB |
|---|---|---|
| Interest rate | 5.59% | 5.74% |
| Comparison rate | 5.61% | 6.28% |
| Offset account | No | Yes |
| Redraw | Yes | Yes |
All Macquarie Products
Every tracked home loans option from Macquarie.
All NAB Products
Every tracked home loans option from NAB.
Macquarie's lowest variable rate is 5.59% p.a. (comparison rate 5.61%) while NAB starts at 5.74% p.a. (comparison rate 6.28%). Macquarie is 0.15% lower, which saves approximately $63/month on a $500,000 loan.
Key features: Macquarie includes redraw, NAB includes offset, NAB includes redraw.
Quick Comparison
| Feature | Macquarie | NAB |
|---|---|---|
| Interest Rate | 5.59% | 5.74% |
| Comparison Rate | 5.61% | 6.28% |
| Offset Account | No | Yes |
| Redraw Facility | Yes | Yes |
Common Questions
Macquarie vs NAB FAQs
Which bank has a lower home loan rate, Macquarie or NAB?
Macquarie currently offers the lower variable rate at 5.59% p.a. compared to 5.74% p.a. Always check the comparison rate for a true cost picture.
Do Macquarie and NAB home loans have offset accounts?
Macquarie does not include an offset account. NAB offers an offset account.
What is Macquarie's lowest home loan rate in 2026?
Macquarie's lowest variable rate is 5.59% p.a. (comparison rate 5.61%) on the Macquarie Basic Home Loan (Variable).
What is NAB's lowest home loan rate in 2026?
NAB's lowest variable rate is 5.74% p.a. (comparison rate 6.28%) on the Nab Tailored Home Loan (Fixed 1 Yr).