Five-year fixed best five rates: Canstar
Jonathan ChancellorDecember 7, 2020
Here’s the best five-year fixed rates available in the mortgage market, according to Canstar.
The comparison rates displayed for each of the products in the table below do not take into account early repayment fees and redraw costs.
The comparison rates were calculated on a loan of $150,000 to be repaid over 25 years.
The average advertised rate across the market for mortgages fixed over five years is 4.78%.
Here is a list of the five standard variable loan products with the lowest interest rate:
The average interest rate on standard variable home loans stands at around 4.91%.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.