June Commercial Loan Interest Rate Update
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Over the last month we have seen commercial loan interest rates remain stable or fall by up to 30 basis points for some products.
Full doc variable commercial property loans have decreased by 24 points while 2 and 3 year rates have also fallen by up to 30 points for one lender. Other interest rates have remained stable in the last 30 days.
Low doc commercial loans have not changed over the last month unlike their full doc cousins.
Below is an outline of interest rates available from Smart Search Finance below. These are only indicative rates and may vary depending on security type and risks factors associated with the loan.
Commercial Loans – Full Doc Interest Rates (Indicative Only)
| Lender | Loan Type | Security Type | Interest Rate | Max LVR | |
| Commercial Reference Rate from | Variable | 3.40% | Up to 75% | Enquire | |
| Bank | Variable | Residential Security | 4.20% | 80% | Enquire |
| Bank | Fixed Rates From | Residential Security | 4.44% | 80% | Enquire |
| Bank | Variable Rates From | Commercial Security | 4.20% | 60-75% | Enquire |
| Bank | Lease Doc Variable | Commercial Security | 4.54% | 60% to 80% | Enquire |
| Bank | Commercial Equity Loan From | Commercial Security | 5.75% | 60% to 75% | Enquire |
| Bank | 1 Year Fixed Rate From | Commercial Security | 4.44% | 75% | Enquire |
| Bank | 2 Year Fixed Rate From | Commercial Security | 4.70% | 75% | Enquire |
| Bank | 3 Year Fixed Rate From | Commercial Security | 4.44% | 70-75% | Enquire |
| Bank | 4 Year Fixed Rate From | Commercial Security | 5.10% | 75% | Enquire |
| Bank | 5 Year Fixed Rate From | Commercial Security | 5.24% | 75% | Enquire |
Low Doc Commercial Loans – Interest Rates (Indicative Only)
| Lender | Loan Type | Security Type | Interest Rate | Max LVR | |
| Bank | Low Doc Variable From | Residential Security | 5.39% to 5.99% | 60% to 80% | Enquire |
| Bank | Low Doc Fixed Rate From | Residential Security | 4.79% | 60% to 80% | Enquire |
| Bank | Lease Doc Variable | Commercial Security | 4.54% | 60% to 80% | Enquire |
| Non Bank | No Doc | Commercial Security | 7.35% | 60% to 80% | Enquire |
| Bank | 1 Year Fixed Rate From | Commercial Security | 4.79% | 60% to 80% | Enquire |
| Bank | 2 Year Fixed Rate From | Commercial Security | 5.19% | 60% to 80% | Enquire |
| Bank | 3 Year Fixed Rate From | Commercial Security | 5.04% | 60% to 80% | Enquire |
| Bank | 5 Year Fixed Rate From | Commercial Security | 5.54% | 60% to 80% | Enquire |
If you are looking for more information on a commercial loans or looking for a better deal please visit our commercial loans website.
We have also updated our commercial loan calculator with more options to calculate the cost of finance.
