UBank joins 2.99% home loan party
16 Jun 2019
Just when we thought home loan rates couldn't get any more competitive, popular online lender UBank has slashed its fixed rate UHomeLoan by up to 0.60% and debuted a jaw dropping new sub 3.00% rate.
Since the Reserve Bank cut the official cash rate to a new historic low, challenger lenders have been racing to release ultra competitive variable and fixed home loan rates, but few have gone as low as the new 2.99% (4.09% comparison rate*) on offer from UBank for a 1 year fixed term.
While UBank is currently one of just a handful of lenders in the Mozo comparison database to offer home loan rates with a "2" in front, there are some incredible fixed deals on offer from a range of lenders for 1 to 3 year terms. Compare some of the top fixed rates on the market right now in the table below.
Top Fixed Home Loan Rates - rates updated daily
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Featured Product
ING2.94% p.a.
fixed 3 years4.01% p.a.
$1234
Product details Close detailsINGFixed Rate Loan
Owner Occupier, Principal & Interest
2.94% p.a.
fixed 3 years4.01% p.a.
Additional repayments of up to $10K per fixed year. Interest rate discounts available. Waiver of $499 application fee when combined with an Orange Advantage Home Loan.
Fixed Rate Loan
Additional repayments of up to $10K per fixed year. Interest rate discounts available. Waiver of $499 application fee when combined with an Orange Advantage Home Loan.
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2.94% p.a.
fixed 3 years -
4.01% p.a.
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$798
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$0.00
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$250.00
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yes - free up to $10,000 pa
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no
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no
-
95.00%
-
$50,000
-
$2,000,000
-
Fixed
-
Principal & Interest
-
Owner Occupier
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Fortnightly, Monthly
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Read our Mozo Review to learn more about the Fixed Rate Loan
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Promoted
Bank of Queensland2.79% p.a.
fixed 3 years3.67% p.a.
$1234
Product details Close detailsBank of QueenslandDiscount Fixed Rate 300k+
Owner Occupier, Principal & Interest
2.79% p.a.
fixed 3 years3.67% p.a.
Minimum loan amount of $300k. 20% deposit needed. Free additional repayments up to $5,000 per year.
Discount Fixed Rate 300k+
Minimum loan amount of $300k. 20% deposit needed. Free additional repayments up to $5,000 per year.
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2.79% p.a.
fixed 3 years -
3.67% p.a.
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$450
-
$10.00 monthly
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$320.00
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yes - free up to $5,000 p.a
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no
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no
-
80.00%
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$300,000
-
-
-
Fixed
-
Principal & Interest
-
Owner Occupier
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Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the Discount Fixed Rate 300k+
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Promoted
loans.com.au2.99% p.a.
fixed 3 years3.27% p.a.
$1234
Product details Close detailsloans.com.auFixed Rate Special Offer
Owner Occupier, Principal & Interest
2.99% p.a.
fixed 3 years3.27% p.a.
This 3 Year Fixed Rate Special Offer for purchase or refinance. Rate lock option available. No monthly or ongoing fees.
Fixed Rate Special Offer
This 3 Year Fixed Rate Special Offer for purchase or refinance. Rate lock option available. No monthly or ongoing fees.
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2.99% p.a.
fixed 3 years -
3.27% p.a.
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$520
-
$0.00
-
$0.00
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yes - free up to $10,000 p.a.
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no
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no
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80.00%
-
$50,000
-
$1,000,000
-
Fixed
-
Principal & Interest
-
Owner Occupier
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Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the Fixed Rate Special Offer
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Promoted
UBank
2.84% p.a.
fixed 3 years3.59% p.a.
$1234
Product details Close detailsUBank Fixed UHomeLoan
Investment, Principal & Interest
2.84% p.a.
fixed 3 years3.59% p.a.
Fast, easy to apply and no monthly account fees.
Fixed UHomeLoan
Fast, easy to apply and no monthly account fees.
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2.84% p.a.
fixed 3 years -
3.59% p.a.
-
$395
-
$0.00
-
$0.00
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yes - free up to $20,000 p.a.
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no
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no
-
80.00%
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$100,000
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$2,000,000
-
Fixed
-
Principal & Interest
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Investor
-
Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the Fixed UHomeLoan
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Promoted
Newcastle Permanent 2.79% p.a.
fixed 2 years4.02% p.a.
$1234
Product details Close detailsNewcastle Permanent Fixed Rate Home Loan Premium Plus Package
Owner Occupier, Principal & Interest
2.79% p.a.
fixed 2 years4.02% p.a.
Available for new home buyers, refinancers and investors with a Loan to Value Ratio (LVR) of up to 95%. First home buyers receive $2,500 cash back on loans $250K and above. Cash back will be deposited to the borrower’s NPBS Everyday Account after settlement.
Fixed Rate Home Loan Premium Plus Package
Available for new home buyers, refinancers and investors with a Loan to Value Ratio (LVR) of up to 95%. First home buyers receive $2,500 cash back on loans $250K and above. Cash back will be deposited to the borrower’s NPBS Everyday Account after settlement.
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2.79% p.a.
fixed 2 years -
4.02% p.a.
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$0
-
$395.00 yearly
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$0.00
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yes - free up to $25,000 p.a.
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yes - free
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no
-
95.00%
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$5,000
-
-
-
Fixed
-
Principal & Interest
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Owner Occupier
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Weekly, Fortnightly, Monthly
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First Home Buyers can receive $2,500 for applications for loan amounts of $250,000 or more received before 30 April 2020 and settled by 30 June 2020 with a Newcastle Permanent Everyday Account.
Read our Mozo Review to learn more about the Fixed Rate Home Loan
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Promoted
loans.com.au3.79% p.a.
fixed 3 years3.47% p.a.
$1234
Product details Close detailsloans.com.auFixed Home Loan 90
Owner Occupier, Principal & Interest
3.79% p.a.
fixed 3 years3.47% p.a.
This home loan is available for purchase or refinance, complete with 1, 2 or 3 year fixed rate options. Minimum 10% deposit required.
Fixed Home Loan 90
This home loan is available for purchase or refinance, complete with 1, 2 or 3 year fixed rate options. Minimum 10% deposit required.
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3.79% p.a.
fixed 3 years -
3.47% p.a.
-
$520
-
$0.00
-
$0.00
-
yes - free up to $10,000 p.a.
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no
-
no
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90.00%
-
$50,000
-
$1,000,000
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the Fixed Home Loan 90
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Promoted
Bank of Queensland2.79% p.a.
fixed 2 years3.75% p.a.
$1234
Product details Close detailsBank of QueenslandDiscount Fixed Rate 300k+
Owner Occupier, Principal & Interest
2.79% p.a.
fixed 2 years3.75% p.a.
Minimum loan amount of $300k. 20% deposit needed. Free additional repayments up to $5,000 per year.
Discount Fixed Rate 300k+
Minimum loan amount of $300k. 20% deposit needed. Free additional repayments up to $5,000 per year.
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2.79% p.a.
fixed 2 years -
3.75% p.a.
-
$450
-
$10.00 monthly
-
$320.00
-
yes - free up to $5,000 p.a
-
no
-
no
-
80.00%
-
$300,000
-
-
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the Discount Fixed Rate 300k+
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