Refinance rush for $1,000 home loan cashback


04 Oct 2018

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Aussies looking to save money on their home loan and earn $1,000 cashback into the bargain have just a few more days to snap up the $1,000 cash surprise deal on the popular UBank UHomeLoan before it ends on 6 August. 

The UHomeLoan offers a super low variable rate along with no application fee or ongoing fees. Add in a fast online application process and the fact they're backed by NAB and it's not hard to see why UBank is one of Australia's most popular online lenders.

The UBank offer is one of a number of red hot home loan deals on the market right now, so read on for our rundown of this offer plus some of the other top specials around.


UBank UHomeLoan - Discount Offer
  • $1,000 cash on loans over $200k (Apply by 6 August)

  • 3.59% variable rate (3.59% comparison rate*)

  • No upfront or ongoing fees

Super low rate? Check. No application or annual fees? Check. Handy features like free extra repayments and a redraw facility? Double check. The UBank UHomeloan Discount offer comes with all this great value included. You can also choose a split rate option and your repayment schedule. Refinance or take out a new loan of at least $200,000 by 6 August and you can score a $1,000 cash bonus into your USaver account.

NEW LOW FIXED RATE Smart Loan Fixed 80
  • 3.89% fixed rate for 2 years (3.78% comparison rate)

  • $0 application or service fee

  • Free extra repayments up to $10,000 p.a.

This new offer from comes with a super competitive fixed rate for the first two years, plus no application fee or yearly service fee to drain your budget. And here’s the kicker - if you’re after both an owner-occupier and an investment loan, bundle them together in this offer and you’ll get the same great low rate for both!


Great Southern Bank Balanced Variable Home Loan
Great Southern Bank
  • 3.65% variable rate (special 3.66% comparison rate*)

  • No establishment fee for limited time only (save $600)

  • Free offset, extra repayments and redraw

The CUA Balanced Variable Home Loan is a top pick for borrowers wanting a low rate without having to compromise on loan features. The $600 establishment fee is being waived for a limited time only, and there aren’t any ongoing fees to blow your budget. Features on offer include a free multi-account offset facility, unlimited extra repayments without penalty and free redraw. What's more, you can apply for this loan with just a 10% deposit.


NAB Base Variable Rate Home Loan Special Offer
  • 3.69% variable rate special offer (3.73% comparison rate*)

  • No annual fee (application fee applies)

  • Borrow with a 5% deposit

If you prefer to stick with a big bank, then our pick is the NAB Base Variable Rate Home Loan Special Offer. With a competitive low rate and no ongoing fees to strain your budget, this is a great option for borrowers after a loan of up to $2 million. In terms of features, you’ll have the ability to make free extra repayments and use a redraw facility. This discounted offer is only available to new borrowers and for a limited time, so get in quick!

*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 the amount and term you entered.

**Initial monthly repayment figures are estimates only, based on the advertised rate, and a loan of $500,000 repaid over 25 years. 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 loans Awards

Want more great value home loan options? Head over to our home loan comparison table to check them out.

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