CBA’s digital brainchild Unloan scoops top home loan award again
If there’s one home loan lender more and more Aussies are hearing about, it’s the digital home loan lender Unloan, built by CommBank.
And for good reason. Between seriously competitive rates, zero fees, handy features like its loyalty discount, and as little as a speedy 10 min online application process, Unloan has become a force to be reckoned with.
The Mozo expert judges think so too. Earlier this year, Unloan took out a Low Cost Home Loan award in the 2025 Mozo Experts Choice Awards for Home Loans, which is an annual head-to-head comparison of 400+ home loans in Australia, to award the best value ones for Australians. This was the third year in a row that Unloan has won.
“Taking out back to back awards for an incredible three years in our low cost home loan category is no mean feat. With the winning combination of low rates, unique features, the scrapping of fees, and big bank backing, Unloan continues to set the bar for what a leading home loan looks like,” said Mozo expert judge, Peter Marshall.
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Unloan Variable Home Loan
- New rate drop: 5.19% p.a. variable rate (5.10% p.a. comparison rate*)
- Low cost home loan winner – Mozo Experts Choice Awards 2023, 2024 & 2025^
- Zero upfront or ongoing fees
Unloan’s Variable Home Loan has taken out a low cost home loan award for an impressive third year running in the Mozo Experts Choice Awards^. Built by CommBank, Unloan offers owner-occupiers a super low 5.19% p.a. variable rate (5.10% p.a. comparison rate*) along with a loyalty discount that shaves 1 basis point off your interest every year for up to 30 years. Loan features include free extra repayments and redraw, and there are no pesky fees to pay. Available for loans of up to $10M. Minimum 20% deposit.
Unloan Variable Investment Home Loan
- New rate drop: 5.39% p.a. variable rate (5.30% p.a. comparison rate*)
- Zero upfront or ongoing fees
For investors, Unloan's low variable rate comes in at a competitive 5.39% p.a. (5.30% p.a. comparison rate*), with the same increasing loyalty discount rate up to thirty years. There are no application or other upfront fees, and no ongoing fees and investors get the same loan features as owner occupiers, including free extra repayments and redraws. Available for investment loans of up to $10M. Minimum 20% deposit.
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Virgin Money Lite Home Loan
- Variable rate from 5.19% p.a. (5.21% p.a. comparison rate*) up to 80% LVR
- Earn Virgin Money Points every month
- No ongoing fees
This basic home loan from Virgin Money has perks as well as great features like no set up or ongoing fees. Like being rewarded for paying off your home loan? You could earn 1,000 Virgin Money Points each month just for making your home loan repayments on time. Interest rates are scaled depending on your loan-to-value ratio with the best option for those with 20% or more equity or deposit at 5.19% p.a. (5.21% p.a. comparison rate*). You can choose the repayment schedule that best suits you - weekly, fortnightly or monthly and there is also the option to split your loan between variable and fixed rates. This loan doesn’t have an interest offset but you can make extra repayments at any time fee free and dip into those funds whenever you need to. There is a $150 loan settlement fee and Virgin Money cover valuation costs up to $300.
Greater Bank Discount Great Rate Home Loan
- Variable rate from 5.19% p.a. (5.20% p.a. comparison rate*)
- Get up to $3,000 cashback when you apply online (T&Cs apply)
- Mozo Experts Choice Awards winner for Low Cost Home Loan in 2025^
Greater Bank has one of the most competitive variable rates in our database at 5.19% p.a. (5.20% p.a. comparison rate*), and it also won a Mozo Experts Choice Award for Low Cost Home Loan.
Sweetening the deal is Greater’s cashback offer, which can land you up to $3,000 back in your pocket when you apply for this loan online (T&Cs apply).
There’s no offset account with this loan, but you’re able to make extra repayments and can redraw those funds at any time. There are no ongoing fees, but you will need to pay a $180 application fee.
loans.com.au Variable Home Loan 90
- 5.29% p.a. variable rate (5.33% p.a. comparison rate*) for LVR < 90%
- Mozo Experts Choice Award winner
- No application fees to pay
If you're in the market for a competitive rate on a variable home loan, online lender loans.com.au has come through with the goods. There are no application fees to pay and you only require a 10% deposit to get started. You can borrow between $50,000 to $2,000,000, plus, you’ll have the freedom to make free extra repayments, and redraw them without penalty too. $300 settlement fee applies. (T&Cs apply).
* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.
^See information about the Mozo Experts Choice Home Loan Awards
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