A variable rate home loan is a home loan with an interest rate that may change over time. If you choose a variable rate home loan, you may be able to take advantage of any interest rate decreases over your loan’s term.

An offset account is an everyday bank account that is linked to your variable home loan account, with the following features and benefits.

A fixed-rate home loan is a type of mortgage where the interest rate is set for a specified period of time and does not change, regardless of changes in the market interest rates