Our database lists 179 3-year fixed rate mortgage rates from 18 lenders. UBank's FlexFix Principal & Interest (LVR up to 80%) starts at 5.99%.
Bookmark this page or check back often for updates on the latest 3-year fixed rate mortgage rates.
The table below shows rates as of July 4, 2025 and are subject to change.
3-year fixed rate mortgage rates
ANZ Bank: 3-year fixed mortgage rate
| COMPANY | TYPE | TERM | INITIAL RATE | THE OVERALL COST FOR COMPARISON IS | PRODUCT FEE | LOAN TO VALUE (LTV) |
|---|---|---|---|---|---|---|
| ANZ BANK | ANZ Fixed Rate Home Loan (Owner Occupiers) - 3 years fixed LVR 80% or less Principal & Interest | 3 Years | 5.69% | 6.44% | 80% or less | |
| ANZ BANK | ANZ Fixed Rate Home Loan (Owner Occupiers) - 3 years fixed LVR 80% or less Interest Only | 3 Years | 6.04% | 6.55% | 80% or less | |
| ANZ BANK | ANZ Fixed Rate Home Loan (Owner Occupiers) - 3 years fixed LVR more than 80% Principal & Interest | 3 Years | 6.14% | 6.71% | more than 80% | |
| ANZ BANK | ANZ Fixed Rate Home Loan (Owner Occupiers) - 3 years fixed LVR more than 80% Interest Only | 3 Years | 6.49% | 6.82% | more than 80% | |
| ANZ BANK | ANZ Fixed Residential Investment Loan - 3 years fixed LVR 80% or less Principal & Interest | 3 Years | 5.64% | 6.85% | 80% or less | |
| ANZ BANK | ANZ Fixed Residential Investment Loan - 3 years fixed LVR more than 80% Principal & Interest | 3 Years | 6.09% | 7.12% | more than 80% | |
| ANZ BANK | ANZ Fixed Residential Investment Loan - 3 years fixed LVR 80% or less Interest Only | 3 Years | 5.74% | 6.89% | 80% or less | |
| ANZ BANK | ANZ Fixed Residential Investment Loan - 3 years fixed LVR more than 80% Interest Only | 3 Years | 6.19% | 7.16% | more than 80% | |
| ANZ BANK | ANZ Interest in Advance Loan - 3 years fixed LVR 80% or less | 3 Years | 5.54% | 6.84% | 80% or less | |
| ANZ BANK | ANZ Interest in Advance Loan - 3 years fixed LVR more than 80% | 3 Years | 5.99% | 7.10% | more than 80% | |
| ANZ BANK | ANZ Fixed index rate (Owner Occupiers) - 3 year fixed Principal & Interest | 3 Years | 6.14% | 7.55% | ||
| ANZ BANK | ANZ Fixed index rate (Owner Occupiers) - 3 year fixed Interest Only | 3 Years | 6.49% | 7.66% | ||
| ANZ BANK | ANZ Fixed index rate (Investor) - 3 year fixed Principal & Interest | 3 Years | 6.09% | 7.94% | ||
| ANZ BANK | ANZ Fixed index rate (Investor) - 3 year fixed Interest Only | 3 Years | 6.19% | 7.99% | ||
| ANZ BANK | ANZ Interest in Advance index rate - 3 year fixed | 3 Years | 5.99% | 7.93% |
Bank of Melbourne: 3-year fixed mortgage rate
| COMPANY | TYPE | TERM | INITIAL RATE | THE OVERALL COST FOR COMPARISON IS | PRODUCT FEE | LOAN TO VALUE (LTV) |
|---|---|---|---|---|---|---|
| BANK OF MELBOURNE | Fixed Rate Home Loan - Owner Occupier (Principal & Interest) - 3 year fixed rate | 3 Years | 5.89% | 6.27% | $600.00 | up to 70% |
| BANK OF MELBOURNE | Fixed Rate Home Loan - Owner Occupier (Interest Only) - 3 year fixed rate | 3 Years | 6.29% | 6.44% | $600.00 | 70% up to 80% |
| BANK OF MELBOURNE | Fixed Rate Home Loan - Owner Occupier (Interest Only) - 3 year fixed rate | 3 Years | 6.19% | 6.34% | $600.00 | Up to 70% |
| BANK OF MELBOURNE | Fixed Rate Home Loan - Investor (Principal & Interest) - 3 year fixed rate | 3 Years | 6.49% | 6.86% | $600.00 | Above 80% |
| BANK OF MELBOURNE | Fixed Rate Home Loan - Investor (Principal & Interest) - 3 year fixed rate | 3 Years | 6.19% | 6.57% | $600.00 | 70% up to 80% |
| BANK OF MELBOURNE | Fixed Rate Home Loan - Investor (Principal & Interest) - 3 year fixed rate | 3 Years | 6.09% | 6.47% | $600.00 | Up to 70% |
| BANK OF MELBOURNE | Fixed Rate Home Loan - Investor (Interest Only) - 3 year fixed rate | 3 Years | 6.59% | 6.88% | $600.00 | Above 80% |
| BANK OF MELBOURNE | Fixed Rate Home Loan - Investor (Interest Only) - 3 year fixed rate | 3 Years | 6.29% | 6.58% | $600.00 | 70% up to 80% |
| BANK OF MELBOURNE | Fixed Rate Home Loan - Investor (Interest Only) - 3 year fixed rate | 3 Years | 6.19% | 6.48% | $600.00 | Up to 70% |
Bank of Queensland: 3-year fixed mortgage rate
| COMPANY | TYPE | TERM | INITIAL RATE | THE OVERALL COST FOR COMPARISON IS | PRODUCT FEE | LOAN TO VALUE (LTV) |
|---|---|---|---|---|---|---|
| BANK OF QUEENSLAND | Fixed Rate Home Loan (Owner Occupier) - 3 years Principal and Interest | 3 Years | 5.34% | 5.68% | $0.00 | |
| BANK OF QUEENSLAND | Fixed Rate Home Loan (Owner Occupier) - 3 year fixed discount rate - max 80% LVR++ Principal and Interest | 3 Years | 4.99% | 5.59% | $0.00 | Max 80% |
| BANK OF QUEENSLAND | Fixed Rate Home Loan (Owner Occupier) -3 year fixed discount rate - max 90% LVR++ Principal and Interest | 3 Years | 5.24% | 5.66% | $0.00 | Max 90% |
| BANK OF QUEENSLAND | Fixed Rate Home Loan (Owner Occupier) - 3 years Interest only | 3 Years | 7.59% | 6.32% | $0.00 | |
| BANK OF QUEENSLAND | Fixed Rate Home Loan (Investor) - 3 years Principal and Interest | 3 Years | 5.59% | 5.86% | $0.00 | |
| BANK OF QUEENSLAND | Fixed Rate Home Loan (Investor) - 3 year fixed discount rate - max 80% LVR++ Principal and Interest | 3 Years | 5.24% | 5.76% | $0.00 | Max 80% |
| BANK OF QUEENSLAND | Fixed Rate Home Loan (Investor) - 3 year fixed discount rate - max 90% LVR++ Principal and Interest | 3 Years | 5.34% | 5.79% | $0.00 | Max 90% |
| BANK OF QUEENSLAND | Fixed Rate Home Loan (Investor) - 3 years Interest only | 3 Years | 5.69% | 5.89% | $0.00 | |
| BANK OF QUEENSLAND | Fixed Rate Home Loan (Investor) - 3 year fixed discount rate - max 80% LVR++ Interest only | 3 Years | 5.34% | 5.79% | $0.00 | Max 80% |
| BANK OF QUEENSLAND | Fixed Rate Home Loan (Investor) - 3 year fixed discount rate - max 90% LVR++ Interest only | 3 Years | 5.44% | 5.82% | $0.00 | Max 90% |
Bankwest: 3-year fixed mortgage rate
| COMPANY | TYPE | TERM | INITIAL RATE | THE OVERALL COST FOR COMPARISON IS | PRODUCT FEE | LOAN TO VALUE (LTV) |
|---|---|---|---|---|---|---|
| BANKWEST | Fixed Rate Home Loan -Up to 80% LVR | 3 Years | 5.59% | 7.71% | $295.00 | Up to 80% |
| BANKWEST | Fixed Rate Home Loan - 80.01% to 90% LVR with LMI | 3 Years | 5.89% | 7.80% | $295.00 | 8001% |
| BANKWEST | Fixed Rate Home Loan - 90.01% to 95% LVR with LMI | 3 Years | 6.29% | 7.92% | $295.00 | 9001% |
| BANKWEST | Fixed Rate Home Loan - 95.01% to 98% LVR with LMI | 3 Years | 7.09% | 8.15% | $295.00 | 9501% |
| BANKWEST | Fixed Rate Home Loan (Investors) -Up to 90% LVR | 3 Years | 5.79% | 8.21% | $295.00 | Up to 90% |
| BANKWEST | Fixed Rate Home Loan (Investors) - 90.01% to 95% LVR with LMI | 3 Years | 6.69% | 8.48% | $295.00 | 9001% |
| BANKWEST | Complete Fixed Home Loan Package (Owner Occupied) - Up to 80% LVR | 3 Years | 5.59% | 6.62% | Up to 80% | |
| BANKWEST | Complete Fixed Home Loan Package (Owner Occupied) - 80.01% to 90% LVR with LMI | 3 Years | 5.89% | 6.71% | 8001% | |
| BANKWEST | Complete Fixed Home Loan Package (Owner Occupied) - 90.01% to 95% LVR with LMI | 3 Years | 6.29% | 6.93% | 9001% | |
| BANKWEST | Complete Fixed Home Loan Package (Owner Occupied) - 95.01% to 98% LVR with LMI | 3 Years | 7.09% | 8.28% | 9501% | |
| BANKWEST | Complete Fixed Home Loan Package (Investor) - Up to 90% LVR with LMI | 3 Years | 5.79% | 7.30% | Up to 90% | |
| BANKWEST | Complete Fixed Home Loan Package (Investor) - 90.01% to 95% LVR with LMI | 3 Years | 6.69% | 7.56% | 9001% |
Bendigo Bank: 3-year fixed mortgage rate
| COMPANY | TYPE | TERM | INITIAL RATE | THE OVERALL COST FOR COMPARISON IS | PRODUCT FEE | LOAN TO VALUE (LTV) |
|---|---|---|---|---|---|---|
| BENDIGO BANK | Complete Home Loan - Owner occupied fixed principal and interest |
3 years | 5.39% | 5.90% | ||
| BENDIGO BANK | Complete Home Loan - Owner occupied fixed interest only | 3 years | 5.89% | 6.20% | ||
| BENDIGO BANK | Express Home Loan - Fixed Rate principal and interest |
3 years | 5.29% | 5.67% | ||
| BENDIGO BANK | Express Home Loan - Fixed Rate interest only | 3 years | 5.79% | 5.90% | ||
| BENDIGO BANK | Complete Home Loan - Investor fixed principal and interest |
3 Years | 5.59% | 6.14% | ||
| BENDIGO BANK | Complete Home Loan - Investor fixed interest only | 3 Years | 5.69% | 6.18% | ||
| BENDIGO BANK | Express Home Loan - Investment Fixed Rate principal and interest |
3 Years | 5.49% | 5.87% | ||
| BENDIGO BANK | Express Home Loan - Investment Fixed Rate interest only | 3 Years | 5.59% | 5.91% |
Commonwealth Bank: 3-year fixed mortgage rate
| COMPANY | TYPE | TERM | INITIAL RATE | THE OVERALL COST FOR COMPARISON IS | PRODUCT FEE | LOAN TO VALUE (LTV) |
|---|---|---|---|---|---|---|
| COMMONWEALTH BANK | Fixed Rate Home Loan (Owner Occupied) - 3 year fixed rate | 3 years | 5.64% | 7.65% | $600.00 | |
| COMMONWEALTH BANK | Fixed Rate Home Loan (Owner Occupied) - 3 year fixed rate (with Wealth Package) | 3 years | 5.49% | 7.34% | $0.00 | |
| COMMONWEALTH BANK | Fixed Rate Home Loan (Investment) - 3 year fixed rate | 3 years | 5.94% | 8.13% | $600.00 | |
| COMMONWEALTH BANK | Fixed Rate Home Loan (Investment) - 3 year fixed rate (with Wealth Package) | 3 years | 5.79% | 7.82% | $0.00 |
HSBC: 3-year fixed mortgage rate
| COMPANY | TYPE | TERM | INITIAL RATE | THE OVERALL COST FOR COMPARISON IS | PRODUCT FEE | LOAN TO VALUE (LTV) |
|---|---|---|---|---|---|---|
| HSBC | Fixed Rate Home Loan (Owner Occupiers) - Principal and interest - 3 Year with Home Loan Package |
3 years | 5.24% | 5.90% | $0.00 | 60% or less |
| HSBC | Fixed Rate Home Loan (Owner Occupiers) - Principal and interest - 3 Year packaged |
3 years | 5.29% | 5.99% | $0.00 | 60% to 80% |
| HSBC | Fixed Rate Home Loan (Owner Occupiers) - Principal and interest - 3 Year non-packaged |
3 years | 6.04% | 6.82% | $600.00 | 60% to 80% |
| HSBC | Fixed Rate Home Loan (Owner Occupiers) - Principal and interest - 3 Year packaged |
3 years | 5.69% | 6.31% | $0.00 | above 80% |
| HSBC | Fixed Rate Home Loan (Owner Occupiers) - Principal and interest - 3 Year non-packaged |
3 years | 6.04% | 7.03% | $600.00 | above 80% |
| HSBC | Fixed Rate Home Loan (Owner Occupiers) - Interest only - 3 Year with Home Loan Package |
3 years | 5.54% | 6.04% | $0.00 | 60% or less |
| HSBC | Fixed Rate Home Loan (Owner Occupiers) - Interest only - 3 Year packaged |
3 years | 5.59% | 6.05% | $0.00 | 60% to 80% |
| HSBC | Fixed Rate Home Loan (Owner Occupiers) - Interest only - 3 Year non-packaged |
3 years | 6.34% | 6.91% | $600.00 | 60% to 80% |
| HSBC | Fixed Rate Home Loan (Investors) - Principal and interest - 3 Year with Home Loan Package |
3 years | 5.40% | 6.09% | $0.00 | 60% or less |
| HSBC | Fixed Rate Home Loan (Investors) - Principal and interest - 3 Year packaged |
3 years | 5.45% | 6.17% | $0.00 | 60% to 80% |
| HSBC | Fixed Rate Home Loan (Investors) - Principal and interest - 3 Year non-packaged |
3 years | 6.20% | 7.01% | $600.00 | 60% to 80% |
| HSBC | Fixed Rate Home Loan (Investors) - Principal and interest - 3 Year packaged |
3 years | 5.85% | 6.50% | $0.00 | above 80% |
| HSBC | Fixed Rate Home Loan (Investors) - Principal and interest - 3 Year non-packaged |
3 years | 6.20% | 7.22% | $600.00 | above 80% |
| HSBC | Fixed Rate Home Loan (Investors) - Interest only - 3 Year with Home Loan Package |
3 years | 5.54% | 6.18% | $0.00 | 60% or less |
| HSBC | Fixed Rate Home Loan (Investors) - Interest only - 3 Year packaged |
3 years | 5.59% | 6.20% | $0.00 | 60% to 80% |
| HSBC | Fixed Rate Home Loan (Investors) - Interest only - 3 Year non-packaged |
3 years | 6.34% | 7.05% | $600.00 | 60% to 80% |
| HSBC | Fixed Rate Home Loan (Investors) - Interest only - 3 Year packaged |
3 years | 5.99% | 6.52% | $0.00 | above 80% |
| HSBC | Fixed Rate Home Loan (Investors) - Interest only - 3 Year non-packaged |
3 years | 6.34% | 7.27% | $600.00 | above 80% |
ING Bank: 3-year fixed mortgage rate
| COMPANY | TYPE | TERM | INITIAL RATE | THE OVERALL COST FOR COMPARISON IS | PRODUCT FEE | LOAN TO VALUE (LTV) |
|---|---|---|---|---|---|---|
| ING Bank | Fixed Rate Home Loan - Owner Occupiers - Principal + Interest (3 year fixed rate) | 3 years | 5.29% | 5.57% | $350.00 | LVR is 70% or less |
| ING Bank | Fixed Rate Home Loan - Owner Occupiers - Principal + Interest (3 year fixed rate) | 3 years | 5.29% | 5.57% | $350.00 | LVR is 70.01% to 80% |
| ING Bank | Fixed Rate Home Loan - Owner Occupiers - Principal + Interest (3 year fixed rate) | 3 years | 5.39% | 5.74% | $350.00 | LVR is 80.01% to 90% |
| ING Bank | Fixed Rate Home Loan - Owner Occupiers - Principal + Interest (3 year fixed rate) | 3 years | 5.49% | 6.02% | $350.00 | LVR is 90.01% to 95% |
| ING Bank | Fixed Rate Home Loan - Owner Occupiers - Interest only (3 year fixed rate) | 3 years | 5.69% | 5.68% | $350.00 | LVR is 70% or less |
| ING Bank | Fixed Rate Home Loan - Owner Occupiers - Interest only (3 year fixed rate) | 3 years | 5.69% | 5.68% | $350.00 | LVR is 70.01% to 80% |
| ING Bank | Fixed Rate Home Loan - Owner Occupiers with Orange Advantage - Principal + Interest (3 year fixed rate) | 3 years | 5.19% | 5.54% | $350.00 | LVR is 70% or less |
| ING Bank | Fixed Rate Home Loan - Owner Occupiers with Orange Advantage - Principal + Interest (5 year fixed rate) | 3 years | 5.19% | 5.54% | $350.00 | LVR is 70.01% to 80% |
| ING Bank | Fixed Rate Home Loan - Owner Occupiers with Orange Advantage - Principal + Interest (3 year fixed rate) | 3 years | 5.29% | 5.72% | $350.00 | 8001% |
| ING Bank | Fixed Rate Home Loan - Owner Occupiers with Orange Advantage - Principal + Interest (3 year fixed rate) | 3 years | 5.39% | 5.99% | $350.00 | 9001% |
| ING Bank | Fixed Rate Home Loan - Owner Occupiers with Orange Advantage - Interest only (3 year fixed rate) | 3 years | 5.59% | 5.65% | $350.00 | LVR is 70% or less |
| ING Bank | Fixed Rate Home Loan - Owner Occupiers with Orange Advantage - Interest only (3 year fixed rate) | 3 years | 5.59% | 5.65% | $350.00 | LVR is 70.01% to 80% |
| ING Bank | Fixed Rate Home Loan - Investors - Principal + Interest (3 year fixed rate) | 3 years | 5.34% | 5.69% | $350.00 | LVR is 70% or less |
| ING Bank | Fixed Rate Home Loan - Investors - Principal + Interest (3 year fixed rate) | 3 years | 5.34% | 5.69% | $350.00 | LVR is 70.01% to 80% |
| ING Bank | Fixed Rate Home Loan - Investors - Principal + Interest (3 year fixed rate) | 3 years | 5.44% | 5.94% | $350.00 | LVR is 80.01% to 90% |
| ING Bank | Fixed Rate Home Loan - Investors - Interest only (3 year fixed rate) | 3 years | 5.49% | 5.74% | $350.00 | LVR is 70% or less |
| ING Bank | Fixed Rate Home Loan - Investors - Interest only (3 year fixed rate) | 3 years | 5.49% | 5.74% | $350.00 | 80% or less |
| ING Bank | Fixed Rate Home Loan - Investors - Interest only (3 year fixed rate) | 3 years | 5.59% | 5.98% | $350.00 | LVR is 80.01% to 90% |
Macquarie Bank: 3-year fixed mortgage rate
| COMPANY | TYPE | TERM | INITIAL RATE | THE OVERALL COST FOR COMPARISON IS | PRODUCT FEE | LOAN TO VALUE (LTV) |
|---|---|---|---|---|---|---|
| MACQUARIE BANK | Fixed Rate Home Loan - Owner occupied fixed rates (3 year fixed rate) Principal and Interest | 3 years | 5.19% | 5.54% | ≤ 70% | |
| MACQUARIE BANK | Fixed Rate Home Loan - Owner occupied fixed rates (3 year fixed rate) Principal and Interest Offset | 3 years | 5.19% | 5.77% | ≤ 70% | |
| MACQUARIE BANK | Fixed Rate Home Loan - Owner occupied fixed rates (3 year fixed rate) Principal and Interest | 3 years | 5.29% | 5.60% | ≤ 80% | |
| MACQUARIE BANK | Fixed Rate Home Loan - Owner occupied fixed rates (3 year fixed rate) Principal and Interest Offset | 3 years | 5.29% | 5.83% | ≤ 80% | |
| MACQUARIE BANK | Fixed Rate Home Loan - Owner occupied fixed rates (3 year fixed rate) Principal and Interest | 3 years | 5.79% | 6.46% | ≤ 95% | |
| MACQUARIE BANK | Fixed Rate Home Loan - Owner occupied fixed rates (3 year fixed rate) Principal and Interest Offset | 3 years | 5.79% | 6.68% | ≤ 95% | |
| MACQUARIE BANK | Fixed Rate Home Loan - Owner occupied fixed rates (3 year fixed rate) Interest Only | 3 years | 5.49% | 5.84% | ≤ 70% | |
| MACQUARIE BANK | Fixed Rate Home Loan - Owner occupied fixed rates (3 year fixed rate) Interest Only Offset | 3 years | 5.49% | 6.07% | ≤ 70% | |
| MACQUARIE BANK | Fixed Rate Home Loan - Owner occupied fixed rates (3 year fixed rate) Interest Only | 3 years | 5.59% | 5.94% | ≤ 80% | |
| MACQUARIE BANK | Fixed Rate Home Loan - Owner occupied fixed rates (3 year fixed rate) Interest Only Offset | 3 years | 5.59% | 6.16% | ≤ 80% | |
| MACQUARIE BANK | Home Loan - Investment fixed rates (3 year fixed rate) Principal and Interest | 3 years | 5.35% | 5.66% | ≤ 70% | |
| MACQUARIE BANK | Home Loan - Investment fixed rates (3 year fixed rate) Principal and Interest Offset | 3 years | 5.35% | 5.89% | ≤ 70% | |
| MACQUARIE BANK | Home Loan - Investment fixed rates (3 year fixed rate) Principal and Interest | 3 years | 5.45% | 5.76% | ≤ 80% | |
| MACQUARIE BANK | Home Loan - Investment fixed rates (3 year fixed rate) Principal and Interest Offset | 3 years | 5.45% | 5.98% | ≤ 80% | |
| MACQUARIE BANK | Home Loan - Investment fixed rates (3 year fixed rate) Principal and Interest | 3 years | 5.79% | 6.46% | ≤ 90% | |
| MACQUARIE BANK | Home Loan - Investment fixed rates (3 year fixed rate) Principal and Interest Offset | 3 years | 5.79% | 6.69% | ≤ 90% | |
| MACQUARIE BANK | Home Loan - Investment fixed rates (3 year fixed rate) Interest Only | 3 years | 5.49% | 5.84% | ≤ 70% | |
| MACQUARIE BANK | Home Loan - Investment fixed rates (3 year fixed rate) Interest Only Offset | 3 years | 5.49% | 6.07% | ≤ 70% | |
| MACQUARIE BANK | Home Loan - Investment fixed rates (3 year fixed rate) Interest Only | 3 years | 5.59% | 5.94% | ≤ 80% | |
| MACQUARIE BANK | Home Loan - Investment fixed rates (3 year fixed rate) Interest Only Offset | 3 years | 5.59% | 6.16% | ≤ 80% |
National Australia Bank: 3-year fixed mortgage rate
| COMPANY | TYPE | TERM | INITIAL RATE | THE OVERALL COST FOR COMPARISON IS | PRODUCT FEE | LOAN TO VALUE (LTV) |
|---|---|---|---|---|---|---|
| NATIONAL AUSTRALIA BANK | NAB Tailored Home Loan - Principal and Interest - Owner Occupier (3- year fixed period) | 3 years | 5.39% | 6.12% | $0.00 | 60% or less |
| NATIONAL AUSTRALIA BANK | NAB Tailored Home Loan - Principal and Interest - Owner Occupier (3- year fixed period) | 3 years | 5.39% | 6.12% | $0.00 | 6001% |
| NATIONAL AUSTRALIA BANK | NAB Tailored Home Loan - Principal and Interest - Owner Occupier (3- year fixed period) | 3 years | 5.39% | 6.26% | $0.00 | 7001% |
| NATIONAL AUSTRALIA BANK | NAB Tailored Home Loan - Principal and Interest - Owner Occupier (3- year fixed period) | 3 years | 5.49% | 6.29% | $0.00 | 8001% |
| NATIONAL AUSTRALIA BANK | NAB Tailored Home Loan - Interest Only in Arrears - Owner Occupier (3-year fixed period) | 3 years | 5.99% | 6.36% | $0.00 | 60% or less |
| NATIONAL AUSTRALIA BANK | NAB Tailored Home Loan - Interest Only in Arrears - Owner Occupier (3-year fixed period) | 3 years | 5.99% | 6.36% | $0.00 | 6001% |
| NATIONAL AUSTRALIA BANK | NAB Tailored Home Loan - Interest Only in Arrears - Owner Occupier (3-year fixed period) | 3 years | 5.99% | 6.51% | $0.00 | 7001% |
| NATIONAL AUSTRALIA BANK | NAB Tailored Home Loan - Interest Only in Arrears - Owner Occupier (3-year fixed period) | 3 years | 6.09% | 6.53% | $0.00 | 8001% |
| NATIONAL AUSTRALIA BANK | NAB Tailored Home Loan - Principal and Interest - Residential Investor (3-year fixed period) | 3 years | 5.59% | 6.39% | $0.00 | 60% or less |
| NATIONAL AUSTRALIA BANK | NAB Tailored Home Loan - Principal and Interest - Residential Investor (3-year fixed period) | 3 years | 5.59% | 6.39% | $0.00 | 6001% |
| NATIONAL AUSTRALIA BANK | NAB Tailored Home Loan - Principal and Interest - Residential Investor (3-year fixed period) | 3 years | 5.59% | 6.53% | $0.00 | 7001% |
| NATIONAL AUSTRALIA BANK | NAB Tailored Home Loan - Principal and Interest - Residential Investor (3-year fixed period) | 3 years | 5.69% | 6.56% | $0.00 | 8001% |
| NATIONAL AUSTRALIA BANK | NAB Tailored Home Loan - Interest Only in Arrears - Residential Investor (3-year fixed period) | 3 years | 5.69% | 6.46% | $0.00 | 60% or less |
| NATIONAL AUSTRALIA BANK | NAB Tailored Home Loan - Interest Only in Arrears - Residential Investor (3-year fixed period) | 3 years | 5.69% | 6.46% | $0.00 | 6001% |
| NATIONAL AUSTRALIA BANK | NAB Tailored Home Loan - Interest Only in Arrears - Residential Investor (3-year fixed period) | 3 years | 5.69% | 6.60% | $0.00 | 7001% |
| NATIONAL AUSTRALIA BANK | NAB Tailored Home Loan - Interest Only in Arrears - Residential Investor (3-year fixed period) | 3 years | 5.79% | 6.63% | $0.00 | 8001% |
St. George Bank: 3-year fixed mortgage rate
| COMPANY | TYPE | TERM | INITIAL RATE | THE OVERALL COST FOR COMPARISON IS | PRODUCT FEE | LOAN TO VALUE (LTV) |
|---|---|---|---|---|---|---|
| ST. GEORGE BANK | Owner Occupier (Principal & Interest) packaged (3 year fixed rate) | 3 years | 5.89% | 6.27% | $600.00 | |
| ST. GEORGE BANK | Owner Occupier (Interest Only) packaged (3 year fixed rate) | 3 years | 6.19% | 6.34% | $600.00 |
Suncorp Bank: 3-year fixed mortgage rate
| COMPANY | TYPE | TERM | INITIAL RATE | THE OVERALL COST FOR COMPARISON IS | PRODUCT FEE | LOAN TO VALUE (LTV) |
|---|---|---|---|---|---|---|
| SUNCORP BANK | Home Package Plus - Principal and Interest (3 Year Fixed^ <=80% LVR) - Personal/Owner | 3 years | 5.29% | 5.99% | $600.00 | <=80% |
| SUNCORP BANK | Home Package Plus - Principal and Interest (3 Year Fixed^ 80.01 - 90% LVR) - Personal/Owner | 3 years | 5.49% | 6.24% | $600.00 | 8001% |
| SUNCORP BANK | Home Package Plus - Principal and Interest (3 Year Fixed^ <=80% LVR) - Investment | 3 years | 5.44% | 6.16% | $600.00 | <=80% |
| SUNCORP BANK | Home Package Plus - Principal and Interest (3 Year Fixed^ 80.01 - 90% LVR) - Investment | 3 years | 5.64% | 6.67% | $600.00 | 8001% |
| SUNCORP BANK | Home Package Plus - Interest Only (3 Year Fixed^ <=80 LVR) - Investment | 3 years | 5.44% | 6.15% | $600.00 | <=60% |
| SUNCORP BANK | Home Package Plus - Interest Only (3 Year Fixed^ 80.01 - 90% LVR) - Investment | 3 years | 5.64% | 6.65% | $600.00 | <=70% |
| SUNCORP BANK | Fixed Rates (≤90% LVR) - Owner Occupied loans with Interest Only Repayments 3 year fixed | 3 years | 5.74% | 7.99% | $600.00 | ≤90% |
UBank: 3-year fixed mortgage rate
| COMPANY | TYPE | TERM | INITIAL RATE | THE OVERALL COST FOR COMPARISON IS | PRODUCT FEE | LOAN TO VALUE (LTV) |
|---|---|---|---|---|---|---|
| UBANK | Flex Fixed (Principal and interest (P&I) with a LVR up to 60%) - Owner Occupied - 3 year | 3 years | 5.58% | 5.87% | Up to 60% | |
| UBANK | Flex Fixed (Principal and interest (P&I) with a LVR up to 70%) - Owner Occupied - 3 year | 3 years | 5.58% | 5.87% | Up to 70% | |
| UBANK | Flex Fixed (Principal and interest (P&I) with a LVR up to 80%) - Owner Occupied - 3 year | 3 years | 5.58% | 5.90% | Up to 80% | |
| UBANK | Flex Fixed (Principal and interest (P&I) with a LVR up to 85%) - Owner Occupied - 3 year | 3 years | 5.58% | 6.12% | Up to 85% | |
| UBANK | Flex Fixed (Interest only (IO) with a LVR up to 60%) - Owner Occupied - 3 year | 3 years | 5.58% | 5.86% | Up to 60% | |
| UBANK | Flex Fixed (Interest only (IO) with a LVR up to 70%) - Owner Occupied - 3 year | 3 years | 5.58% | 5.86% | Up to 70% | |
| UBANK | Flex Fixed (Interest only (IO) with a LVR up to 80%) - Owner Occupied - 3 year | 3 years | 5.58% | 5.89% | Up to 80% | |
| UBANK | Flex Fixed (Principal and interest (P&I) with a LVR up to 60%) - Investor - 3 year | 3 years | 5.58% | 5.94% | Up to 60% | |
| UBANK | Flex Fixed (Principal and interest (P&I) with a LVR up to 70%) - Investor - 3 year | 3 years | 5.58% | 5.98% | Up to 70% | |
| UBANK | Flex Fixed (Principal and interest (P&I) with a LVR up to 80%) - Investor - 3 year | 3 years | 5.58% | 6.01% | Up to 80% | |
| UBANK | Flex Fixed (Interest only (IO) with a LVR up to 60%) - Investor - 3 year | 3 years | 5.58% | 5.93% | Up to 60% | |
| UBANK | Flex Fixed (Interest only (IO) with a LVR up to 70%) - Investor - 3 year | 3 years | 5.58% | 5.96% | Up to 70% | |
| UBANK | Flex Fixed (Interest only (IO) with a LVR up to 80%) - Investor - 3 year | 3 years | 5.58% | 6.00% | Up to 80% |
Westpac Bank: 3-year fixed mortgage rate
| COMPANY | TYPE | TERM | INITIAL RATE | THE OVERALL COST FOR COMPARISON IS | PRODUCT FEE | LOAN TO VALUE (LTV) |
|---|---|---|---|---|---|---|
| WESTPAC BANK | Fixed rate home loan (with LVR+ up to 70%) - Owner Occupier/ Principal and Interest - 3 year fixed term | 3 years | 6.19% | 7.99% | $600.00 | Up to 70% |
| WESTPAC BANK | Fixed rate home loan (with LVR+ up to 70%) - Owner Occupier/ Principal and Interest - 3 year fixed term Premier Advantage Package | 3 years | 5.89% | 6.44% | $0.00 | Up to 70% |
| WESTPAC BANK | Fixed rate home loan (with LVR+ up to 70%) - Owner Occupier/ Interest Only - 3 year fixed term | 3 years | 6.49% | 8.08% | $600.00 | Up to 70% |
| WESTPAC BANK | Fixed rate home loan (with LVR+ up to 70%) - Owner Occupier/ Interest Only - 3 year fixed term Premier Advantage Package | 3 years | 6.19% | 6.51% | $0.00 | Up to 70% |
| WESTPAC BANK | Fixed rate home loan (with LVR+ up to 70%) - Investor/ Principal and Interest - 3 year fixed term | 3 years | 6.39% | 8.42% | $600.00 | Up to 70% |
| WESTPAC BANK | Fixed rate home loan (with LVR+ up to 70%) - Investor/ Principal and Interest - 3 year fixed term Premier Advantage Package | 3 years | 6.09% | 6.64% | $0.00 | Up to 70% |
| WESTPAC BANK | Fixed rate home loan (with LVR+ up to 70%) -Investor/ Interest Only - 3 year fixed term | 3 years | 6.49% | 8.46% | $600.00 | Up to 70% |
| WESTPAC BANK | Fixed rate home loan (with LVR+ up to 70%) -Investor/ Interest Only - 3 year fixed term Premier Advantage Package | 3 years | 6.19% | 6.65% | $0.00 | Up to 70% |
| WESTPAC BANK | Fixed rate home loan (with LVR+ up to 70%) -Investor/ Interest Only in Advance - 3 year fixed term | 3 years | 6.29% | 8.48% | $600.00 | Up to 70% |
| WESTPAC BANK | Fixed rate home loan (with LVR+ up to 70%) -Investor/ Interest Only in Advance - 3 year fixed term Premier Advantage Package | 3 years | 5.99% | 6.65% | $0.00 | Up to 70% |
3-year fixed rate mortgage rates FAQs
What happens at the end of a 3-year fixed mortgage?
When your 3-year fixed rate mortgage rate period ends, your loan typically reverts to the lender's standard variable rate. Here’s what you might encounter once your fixed mortgage ends:
Lender notification
- advance notice: lenders notify you before the fixed rate period ends
- discussion of options: you'll discuss your next steps with the lender
Available options
- refinancing: consider switching to a new lender for potentially better terms
- remortgage or re-fix your loan: lock in a new fixed rate and term with your current lender
- change to variable rate: transition to your lender's variable rate, often the default or revert rate
Actions to take
- evaluate rates: compare new fixed rates, variable rates, and refinancing offers
- consult your broker: seek advice from your mortgage broker to find the best option
Consequences of inaction
- revert rate: if you do nothing, your loan will likely shift to the lender's standard variable rate
- higher costs: this revert rate is usually higher, increasing your monthly repayments significantly
Tips to remember when fixed mortgage is about to end
- plan ahead: review your options before your fixed rate period ends
- stay informed: understand the implications of each choice to avoid higher costs
- use your broker: leverage their expertise to navigate the transition smoothly
When the 3-year fixed rate mortgage rates term concludes, staying proactive and informed will help you make the best financial decision. Always consult with your broker to explore your options and ensure a smooth transition.
What is a 3-year variable mortgage?
A 3-year variable mortgage is a home loan with interest rates that can change over a three-year period. The interest rate typically fluctuates based on the Reserve Bank of Australia's (RBA) cash rate or lender adjustments.
Key features of 3 year variable mortgages
- flexibility: often come with features like redraw facilities and offset accounts
- interest rate fluctuations: rates can increase or decrease, reflecting economic conditions
- potential savings: if interest rates fall, monthly repayments reduce, saving money over the loan term
- extra repayments: borrowers can usually make additional payments without incurring penalties
- refinancing options: easier to switch to a more competitive rate without high break fees
Potential disadvantages of 3-year variable mortgages
- interest rate risk: rates may rise, increasing monthly repayments and financial stress
- budgeting challenges: variable payments make it harder to predict long-term expenses
Comparison with 3-year fixed rate mortgage rates
While 3-year variable mortgages offer flexibility and potential savings, they carry the risk of rising rates. In contrast, the average 3-year fixed mortgage rate provides stability with consistent payments, regardless of market changes. Borrowers must weigh the benefits of potential savings against the certainty of fixed rates.
RBA cash rate changes impact on mortgage rates
Along with individual lenders’ policies, market changes, and global economic factors, the Reserve Bank of Australia is the primary factor of any mortgage rate changes. If the RBA decides to keep the cash rates unchanged, then mortgage rates will typically not change. If the RBA does increase rates, then banks will follow suit.
Understanding the difference between the 3-year fixed and variable home loan rates will help with financial goals and risk tolerance. For more tailored advice, consider consulting with a mortgage broker or financial advisor.
What is better, a 3- or 5-year fixed mortgage rate?
Choosing between a 3-year and a 5-year fixed rate mortgage depends on your financial goals and circumstances. Here are the key points:
3-year fixed rate mortgage rates
- typically lower interest rates than 5-year fixed rates
- provide stability for three years with the option to reassess sooner
- lower penalties for early termination, offering more flexibility
- potential to take advantage of lower interest rates after three years
5-year fixed rate mortgage rates
- offer rate stability and predictability for a longer period
- ideal for those planning to stay in their home longer
- provides peace of mind with consistent mortgage payments
Both options have their benefits. If you prefer more flexibility and the potential for lower rates sooner, a 3-year fixed rate mortgage might be better. If you value long-term stability, a 5-year fixed rate mortgage could be the right choice.
Is a 3-year fixed mortgage a good idea?
A 3-year fixed mortgage can be a good option depending on your financial goals and market conditions. Here are some factors to consider:
Advantages of 3-year fixed rate mortgage rates:
- predictable payments: with 3-year fixed rate mortgage rates, your repayments remain the same for three years, aiding in budgeting and financial planning
- protection from rate increases: if market interest rates rise, your fixed rate shields you from higher repayments
- simplified financial management: fixed rates often come with fewer features and lower fees, simplifying loan management
Disadvantages of 3-year fixed rate mortgage rates:
- limited flexibility: fixed rate loans often lack features like offset accounts or redraw facilities, which are common in variable rate loans
- potential missed savings: if interest rates drop, you won't benefit from reduced rates and might miss out on potential savings
- restricted extra repayments: many fixed rate loans limit additional repayments, potentially extending your loan term
Considerations for choosing 3-year fixed rate mortgage rates
- future rate expectations: assess whether interest rates are expected to rise or fall in the next few years
- financial stability: ensure you can comfortably manage repayments for the duration of the fixed term
- loan features: determine if the simplicity of a fixed rate loan aligns with your financial needs and goals
3-year fixed rate mortgage rates offer stability and predictability, which can be good for borrowers seeking short-term financial certainty. It's important to weigh these benefits against the potential limitations and missed opportunities for savings if rates decline.
Evaluate your financial situation and market conditions carefully before committing to a 3-year fixed rate home loan. Consulting with a mortgage broker can provide tailored advice to ensure this loan type aligns with your financial strategy.
