A loan package with all the trimmings – enjoy flexibility, low rates, great savings and lots of extras.
Category: Home Loans Last Updated November 19, 2024 Effective December 18, 2024
General Lending Rates
Rates listed below are for a VARIABLE Owner Occupied P&I product. Additional Information Variable rate discounted, owner occupier, principal and interest, <70%LVR
Interest Rate 6.18% PA
Comparison Rate 6.53%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
LVR
Lending Rate Type: Variable
Interest Rate: 7.90%, Comparison Rate 8.22%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 12 MONTH Maximum: 12 MONTH
LVR
Lending Rate Type: Fixed
Interest Rate: 6.64%, Comparison Rate 6.57%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 24 MONTH Maximum: 24 MONTH
LVR
Lending Rate Type: Fixed
Interest Rate: 6.84%, Comparison Rate 6.66%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 36 MONTH Maximum: 36 MONTH
LVR
Lending Rate Type: Fixed
Interest Rate: 6.48%, Comparison Rate 6.61%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 60 MONTH Maximum: 60 MONTH
LVR
Lending Rate Type: Fixed
Interest Rate: 6.75%, Comparison Rate 6.78%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
LVR
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.24%, Comparison Rate 6.59%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
LVR
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Variable
Interest Rate: 8.01%, Comparison Rate 8.33%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 12 MONTH Maximum: 12 MONTH
LVR
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Fixed
Interest Rate: 6.74%, Comparison Rate 6.64%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 24 MONTH Maximum: 24 MONTH
LVR
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Fixed
Interest Rate: 6.94%, Comparison Rate 6.73%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 36 MONTH Maximum: 36 MONTH
LVR
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Fixed
Interest Rate: 6.58%, Comparison Rate 6.68%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 60 MONTH Maximum: 60 MONTH
LVR
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Fixed
Interest Rate: 6.85%, Comparison Rate 6.86%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
LVR
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.44%, Comparison Rate 6.79%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
LVR
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Variable
Interest Rate: 8.21%, Comparison Rate 8.53%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 12 MONTH Maximum: 12 MONTH
LVR
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Fixed
Interest Rate: 6.89%, Comparison Rate 6.83%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 24 MONTH Maximum: 24 MONTH
LVR
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Fixed
Interest Rate: 7.09%, Comparison Rate 6.91%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 36 MONTH Maximum: 36 MONTH
LVR
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Fixed
Interest Rate: 6.73%, Comparison Rate 6.87%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 60 MONTH Maximum: 60 MONTH
LVR
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Fixed
Interest Rate: 7.00%, Comparison Rate 7.03%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
LVR
Lending Rate Type: Variable
Interest Rate: 6.79%, Comparison Rate 7.11%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
LVR
Lending Rate Type: Variable
Interest Rate: 8.66%, Comparison Rate 8.96%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 12 MONTH Maximum: 12 MONTH
LVR
Lending Rate Type: Fixed
Interest Rate: 7.00%, Comparison Rate 7.14%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 24 MONTH Maximum: 24 MONTH
LVR
Lending Rate Type: Fixed
Interest Rate: 7.30%, Comparison Rate 7.22%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 36 MONTH Maximum: 36 MONTH
LVR
Lending Rate Type: Fixed
Interest Rate: 6.69%, Comparison Rate 7.08%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 60 MONTH Maximum: 60 MONTH
LVR
Lending Rate Type: Fixed
Interest Rate: 7.21%, Comparison Rate 7.29%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
LVR
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.89%, Comparison Rate 7.21%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
LVR
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Variable
Interest Rate: 8.81%, Comparison Rate 9.11%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 12 MONTH Maximum: 12 MONTH
LVR
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Fixed
Interest Rate: 7.10%, Comparison Rate 7.24%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 24 MONTH Maximum: 24 MONTH
LVR
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Fixed
Interest Rate: 7.40%, Comparison Rate 7.32%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 36 MONTH Maximum: 36 MONTH
LVR
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Fixed
Interest Rate: 6.79%, Comparison Rate 7.18%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 60 MONTH Maximum: 60 MONTH
LVR
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Fixed
Interest Rate: 7.31%, Comparison Rate 7.39%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
LVR
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Variable
Interest Rate: 7.04%, Comparison Rate 7.36%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
LVR
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Variable
Interest Rate: 8.96%, Comparison Rate 9.26%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 12 MONTH Maximum: 12 MONTH
LVR
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Fixed
Interest Rate: 7.25%, Comparison Rate 7.39%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 24 MONTH Maximum: 24 MONTH
LVR
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Fixed
Interest Rate: 7.55%, Comparison Rate 7.47%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 36 MONTH Maximum: 36 MONTH
LVR
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Fixed
Interest Rate: 6.94%, Comparison Rate 7.33%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
BALANCE
Minimum: $200000.00 Maximum: $2500000.00
TERM
Minimum: 60 MONTH Maximum: 60 MONTH
LVR
Minimum: 80.01 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Fixed
Interest Rate: 7.46%, Comparison Rate 7.54%
Repayment Type: Interest Only
Loan Purpose: Owner Occupied
Product Features
RedrawAdditional Information: Yes - redraw available via Internet Banking (min $500) – available on variable loans only.
OtherAdditional Information: Splitting is when you divide one loan into two or more loan accounts, generally with different loan types, repayment types or interest rates. We allow this with up to 4 splits per loan.
OffsetAdditional Information: 100% offset available on variable rate loans, no offset facility available on fixed rate loans.
Digital BankingAdditional Information: We’ve made it easier than ever to access and manage your money. Manage your money on the go with our mobile banking app, or login to internet banking to manage your account, view your transactions, transfer funds and more. We also offer phone banking and SMS banking.
OtherAdditional Information: Yes, fees apply.
OtherAdditional Information: Unlimited additional repayments and early repayments (discharge fee may apply) when on variable rate home loans. You may make up to $10,000 of additional payments a year on fixed rate loans. Early loan payout on a fixed rate loan may result in break costs being charged.
Product Eligibility
Residency Status - You Must Be An Australian Citizen Or Permanent Australian Resident That Resides In Australia.. Additional Information: You must be an Australian citizen or permanent Australian resident that resides in Australia.
Min Age - 18. Additional Information: To apply you need to be 18 years of age or over.
Bank Fees and Charges
Additional Progress Payment Fee (Event), Amount: 50.00. Additional Information: Payable for every progress payment made after the 5 progress payments covered in the construction loan fee.
Additional Valuation Fee (Event), Amount: 349.00. Additional Information: Payable for any additional valuation required as part of the loan settlement process. Covers valuation for a residential property valued up to $1.5M. Please note: Valuation for any residential property with an expected value above $1.5M will be charged as per the cost to us.
Annual Package Fee (Periodic), Amount: 399.00. Additional Information: Payable on all package loans. This is charged to the loan at settlement then annually on the anniversary date of funding. Please note: Valuation for any residential property with an expected value above $1.5M will be charged as per the cost to us.
Audit Request Fee (Variable), Amount: Not Listed.. Additional Information: $30 per hour (min charge $30). Charged when you request us to provide a written confirmation of your financial accounts with Australian Unity.
Break Cost Fee (Variable), Amount: Not Listed.. Additional Information: Applicable to fixed home loans only. The purpose of applying the break cost is to compensate us for the loss which we incur as a result of the effective termination of your contract with us (reasons may include but are not limited to the loan being paid in full before the fixed rate period or making additional payments above $10,000 in any 12 month period). For more information refer to the Loan Fee Schedule
Change Of Security Fee (Event), Amount: 199.00. Additional Information: Payable when you wish to change security against your Home Loan with another security that is currently mortgaged to Australian Unity. If discharge of existing security is required, the discharge of mortgage fee will also be payable
Construction Loan Fee (Upfront), Amount: 750.00. Additional Information: This fee includes property valuations at up to 5 stages of construction and up to 5 progress payments. Additional valuations or progress payments will be charged the standard published fees as listed in the Loan Fee Schedule.
Discharge Fee (Event), Amount: 375.00. Additional Information: Payable when the security on your property is released. This fee covers our costs of preparing the necessary documentation to allow the discharge of your mortgage or other security type. Statutory government registration fees will also apply. Fee does not include settlement agent fees in non-CBD locations, which will be charged additionally as per cost to us.
Documentation Search Fee (Variable), Amount: Not Listed.. Additional Information: $30 per hour (min charge $15). Charged when you request us to search and/or retrieve voucher/s or other documentation connected to your accounts with Australian Unity.
Fixed Interest Rate Lock Fee (Variable), Amount: Not Listed.. Additional Information: 0.15% of the approved fixed loan amount with a minimum fee of $499. The fixed interest rate will be locked (held) for a Rate Lock Period of 90 days from the date we receive the fixed interest rate lock request and is not available after this 90 days Rate Lock Period has ended. The Fixed Interest Rate Lock Fee will not be charged if settlement does not proceed.
Lenders Mortgage Insurance (Variable), Amount: Not Listed.. Additional Information: Lenders Mortgage Insurance (LMI) is an insurance policy that protect Australian Unity Bank from any loss if a borrower defaults on their home loan. It does not protect the borrower. It is a one-off, non-refundable, non-transferrable premium that’s added to your home loan. You may be charged LMI if you borrow more than 80% of the value of your property.
Loan Re-documentation Fee (Event), Amount: 150.00. Additional Information: Payable if the loan documents need to be reprepared due to a change in requirements by the customer. This fee also applies should you not proceed with the loan after the new loan contract is prepared.
Loan Restructure Fee (Event), Amount: 399.00. Additional Information: Payable when the loan requires restructuring e.g. when a loan is changed from having two account holders to one account holder. Discharge of mortgage fee will also apply if a discharge and lodgement of a new mortgage are required.
Loan Top Up Fee (Event), Amount: 299.00. Additional Information: Payable when additional funds are requested under an existing mortgage. This fee covers administration costs where there is no change to the security or borrowers. Please note: Full valuation required for a loan top up will be charged as per the cost to us.
Preparation Of Deed Of Priority (Event), Amount: 399.00. Additional Information: Payable per occurrence of preparation of deed of priority.
Product Switch Fee (Event), Amount: 399.00. Additional Information: Payable to cover associated administrative costs when switching between loan products.
Self-serve Redraw (Event), Amount: 0.00. Additional Information: A redraw facility allows you to access additional payments that you’ve made on your home loan. When you do this yourself via Internet Banking or the Mobile banking app, there is no fee. Minimum $500.
Staff Assisted Redraw Fee (Event), Amount: 50.00. Additional Information: Payable when a redraw request is manually performed by a staff member.
Title/documentation Production Fee (Event), Amount: 249.00. Additional Information: Payable per occurrence of title production request. Statutory government fees will also apply.
Limitations & Restrictions (Constraints)
Min Balance of 200000 Additional Information: Minimum loan balance of $200,000.
Max Balance of 2500000 Additional Information: Maximum loan amount $2,500,000.
