Commbank Home Loan – loan
Online loans up to $2 000 000
Loan amount
$10,000 – $2,000,000
Interest from
2.29%
Term
5 – 30 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Online loans up to $2 000 000
- Term 5 - 30 years
Commonwealth Bank (CBA) is Australia's largest bank by market capitalisation and one of the "big four", listed on the ASX and regulated by APRA. It also owns the Bankwest brand, which operates as a largely digital-first retail bank with its own product range.
Commbank offers a full suite of home loans for owner-occupiers, investors and first home buyers, including fixed, variable and split-rate options with offset accounts on eligible products, plus one of Australia's most widely used banking apps for managing the loan day to day.
✓ Pros
- Wide range of fixed, variable and split-rate options
- Offset accounts available on eligible loans
- Widely used banking app for day-to-day loan management
- Pre-approval available before house hunting
✗ Cons
- Deposit requirements apply; low deposits usually mean Lenders Mortgage Insurance
- Big-bank rates aren't always the cheapest — worth comparing
- Approval and valuation process takes longer than unsecured lending
How to apply
- Select your amount
- Wait for the contact
- Get your application verified
Loan requirements
- ✓ 18 years or older
- ✓ Australian citizen or permanent resident (some lenders accept eligible visa holders)
- ✓ Deposit or equity, commonly 5–20% of the property value
- ✓ Stable employment history and serviceable income
- ✓ Satisfactory credit history and lender valuation of the security property
Frequently asked questions
24 hours
The minimum loan amount at Commbank Home Loan is $10,000.
About Commonwealth Bank of Australia
| Company | Commonwealth Bank of Australia |
|---|---|
| Address | Ground Floor, Tower 1/201 Sussex St, Sydney NSW 2000 |
| Website | https://www.commbank.com.au |