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 UBank
Compare Macquarie and UBank home loans in March 2026. Macquarie offers rates from 5.59% p.a. across 130 products, while UBank starts at 5.59% p.a. with 61 products.
VS
61 live products
UBank
Best available rate
5.59%p.a.
Neat - Oo Variable P&i
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.61%
Offset
Not included
Redraw
Included
Live edge
UBank is lower on headline home loan rate by 0.00%, which is roughly $0 per month on a $500,000 loan.
0.00% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Macquarie | UBank |
|---|---|---|
| Interest rate | 5.59% | 5.59% |
| Comparison rate | 5.61% | 5.61% |
| Offset account | No | No |
| Redraw | Yes | Yes |
All Macquarie Products
Every tracked home loans option from Macquarie.
All UBank Products
Every tracked home loans option from UBank.
Macquarie's lowest variable rate is 5.59% p.a. (comparison rate 5.61%) while UBank starts at 5.59% p.a. (comparison rate 5.61%).
Key features: Macquarie includes redraw, UBank includes redraw.
Quick Comparison
| Feature | Macquarie | UBank |
|---|---|---|
| Interest Rate | 5.59% | 5.59% |
| Comparison Rate | 5.61% | 5.61% |
| Offset Account | No | No |
| Redraw Facility | Yes | Yes |
| Annual Fee |
Common Questions
Macquarie vs UBank FAQs
Which bank has a lower home loan rate, Macquarie or UBank?
Macquarie currently offers the lower variable rate at 5.59% p.a. compared to 5.59% p.a. Always check the comparison rate for a true cost picture.
Do Macquarie and UBank home loans have offset accounts?
Macquarie does not include an offset account. UBank does not include 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 UBank's lowest home loan rate in 2026?
UBank's lowest variable rate is 5.59% p.a. (comparison rate 5.61%) on the Neat - Oo Variable P&i.