Variable Rate Home Loans

Total Flexibility. Premium Features. Take Control of Your Mortgage.

If you value freedom, flexibility, and the ability to smash your mortgage ahead of schedule, a Variable Rate Home Loan is built for you. Unlike a fixed mortgage that locks you into a rigid structure, a variable loan moves with the market, unlocking powerful features that can save you thousands.

At Lendable, we look far beyond the Big Four banks to connect you with agile secondary lenders offering ultra-competitive variable rates and flexible terms tailored to your actual life.

  • MORE THAN JUST A MORTGBROKER

How Does a Variable Rate Loan Work?

With a variable loan, your interest rate is not set in stone; it can fluctuate up or down over the life of your mortgage.

These movements are generally influenced by the broader market and changes to the official Reserve Bank of Australia (RBA) cash rate.

While this means your monthly repayments can vary over time, the real magic of a variable loan lies in its lack of restrictions. Lenders typically reserve their most dynamic and cost-saving tools exclusively for variable rate borrowers.

  • FIND A SOLUTION

The Variable Advantage: Why It Makes Sense

  • Make Unlimited Extra Repayments: Got a work bonus, a tax return, or just saved some extra cash? With a variable loan, you can throw as much extra money into your mortgage as you want, saving on interest instantly.
  • Access Full Offset Accounts: You can link a 100% offset account to your loan. Every single dollar sitting in your offset account acts as a shield, directly reducing the amount of loan balance the bank can charge you interest on.
  • Free Redraw Facilities: Need some cash for a renovation, emergency, or holiday? A variable loan allows you to redraw any additional payments you’ve made whenever you need them.
  • Freedom to Move or Refinance: Because you aren’t locked into a fixed-term contract, you can refinance or sell your property without facing any break fees.

Why Choose Lendable for Your Variable Rate Loan


We Hunt Beyond the Major Banks

The gap between the Big Four and competitive secondary lenders has widened. We compare hundreds of variable options to find those hungry for your business with sharper rates and lower ongoing fees.

A low rate is great, but a loan with the right mix of offset features and zero ongoing fees often costs you less in the long run. We do the math to find your perfect fit.


Clear Advice, No Bank Jargon

No hidden clauses, no false promises. We break down exactly how rate changes impact your monthly budget upfront so you can make your next move with absolute confidence.

Client Reviews

Buying a home is one of the biggest financial moves you’ll ever make, and we’re committed to making the process simple, strategic, and stress-free. From first home buyers getting into the market sooner to investors growing their portfolios with confidence, our clients’ reviews reflect what we stand for: clear advice, genuine support, and brokers who go the extra mile to make things happen.

Ready to Unlock True Flexibility?

A variable home loan puts you in the driver’s seat of your financial future. Let our team assess your real borrowing power in minutes and find a flexible variable solution that works for you.