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. Advertiser disclosure.
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2.09% p.a.
fixed 3 years2.32% p.a.
$1234
Product details Close detailsBasic Home Loan
Fixed, Owner Occupier, Principal & Interest, LVR<70%
2.09% p.a.
fixed 3 years2.32% p.a.
No upfront or ongoing fees. Free extra repayments and redraw facility. Option to earn Qantas points. Min 30% deposit required. Borrow up to $750,000.
Basic Home Loan
No upfront or ongoing fees. Free extra repayments and redraw facility. Option to earn Qantas points. Min 30% deposit required. Borrow up to $750,000.
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2.09% p.a.
fixed 3 years -
2.32% p.a.
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$0
-
$0.00
-
$400.00
-
yes - free
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yes - free
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no
-
$0
-
70.00%
-
$150,000
-
$750,000
-
Fixed
-
Principal & Interest
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Owner Occupier
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Monthly
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Read our Mozo Review to learn more about the Basic Home Loan
Details Close
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2.29% p.a.
fixed 2 years2.04% p.a.
$1234
Product details Close detailsFixed Home loan
<60% LVR, Owner Occupier, Principal and Interest
2.29% p.a.
fixed 2 years2.04% p.a.
No application, ongoing fees or exit fees. Free extra repayments. The higher your deposit, the lower your rate. Flexible repayment options. For loans up to $2,000,000.
Fixed Home loan
No application, ongoing fees or exit fees. Free extra repayments. The higher your deposit, the lower your rate. Flexible repayment options. For loans up to $2,000,000.
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2.29% p.a.
fixed 2 years -
2.04% p.a.
-
$0
-
$0.00
-
$0.00
-
yes - free
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yes - free
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no
-
$0
-
60.00%
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$100,000
-
$2,000,000
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
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Read our Mozo Review to learn more about the Fixed Home loan
Details Close
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2.09% p.a.
fixed 3 years2.87% p.a.
$1234
Product details Close detailsFixed Rate Home Loan Home Loan Package
Owner Occupier, Principal & Interest, LVR <80%
2.09% p.a.
fixed 3 years2.87% p.a.
Ability to split your home loan between Fixed and Variable. Dedicated Relationship Manager. Min 20% deposit. Refinancers borrowing $250,000 or more could receive $3,288 cashback (T&Cs, eligibility and lending criteria apply).
Fixed Rate Home Loan Home Loan Package
Ability to split your home loan between Fixed and Variable. Dedicated Relationship Manager. Min 20% deposit. Refinancers borrowing $250,000 or more could receive $3,288 cashback (T&Cs, eligibility and lending criteria apply).
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2.09% p.a.
fixed 3 years -
2.87% p.a.
-
$270
-
$390.00 yearly
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$300.00
-
yes - free up to $10,000 p.a.
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no
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no
-
$270
-
80.00%
-
$500,000
-
$7,500,000
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
-
Receive $3,288 cashback when you refinance an existing home loan of $250,000. Must apply by 31 December 2021 and settle by 28 February 2022.
Read our Mozo Review to learn more about the Fixed Rate Home Loan
Details Close
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1.89% p.a.
fixed 2 years3.67% p.a.
$1234
Product details Close detailsSpecial Fixed Rate Home Loan Premium Plus Package
Owner Occupier, Principal & Interest
1.89% p.a.
fixed 2 years3.67% p.a.
Lock in a low fixed rate or choose to split your loan between fixed and variable. Insurance discounts and no fee credit card or zero fee personal loan available. $2,000 cashback offer for investor & owner occupied home loans over $250k with LVR ≤80% when refinancing to Newcastle Permanent. Limited time offer extended, T&Cs apply.
Special Fixed Rate Home Loan Premium Plus Package
Lock in a low fixed rate or choose to split your loan between fixed and variable. Insurance discounts and no fee credit card or zero fee personal loan available. $2,000 cashback offer for investor & owner occupied home loans over $250k with LVR ≤80% when refinancing to Newcastle Permanent. Limited time offer extended, T&Cs apply.
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1.89% p.a.
fixed 2 years -
3.67% p.a.
-
$0
-
$395.00 yearly
-
$0.00
-
yes - free up to $25,000 p.a.
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yes - free
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no
-
$0
-
80.00%
-
-
-
-
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
-
$2,000 cashback when you refinance your home loan from another financial institution when you apply by 17 December 2021 and are funded by 28 February 2022, min $250k, LVR <80%
Read our Mozo Review to learn more about the Special Fixed Rate Home Loan
Details Close
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1.95% p.a.
fixed 2 years2.02% p.a.
$1234
Product details Close detailsWell Balanced Fixed
Owner Occupier, Principal & Interest, LVR <80%
1.95% p.a.
fixed 2 years2.02% p.a.
Super low fixed rate and only 20% deposit required. Optional 100% offset account. Free extra repayments and redraw facility. Flexible repayment schedule.
Well Balanced Fixed
Super low fixed rate and only 20% deposit required. Optional 100% offset account. Free extra repayments and redraw facility. Flexible repayment schedule.
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1.95% p.a.
fixed 2 years -
2.02% p.a.
-
$785
-
$0.00
-
$300.00
-
yes - free
-
yes - free
-
Optional - $10 per month
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$785
-
80.00%
-
$200,000
-
$2,000,000
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
-
Read our Mozo Review to learn more about the Well Balanced Fixed
Details Close
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Mozo experts choice awards won:
- Investor Fixed Home Loan - 2021
- Split Home Loan - 2021
1.85% p.a.
fixed 3 years2.13% p.a.
$1234
Product details Close details
Mozo experts choice awards won:
- Investor Fixed Home Loan - 2021
- Split Home Loan - 2021
UHomeLoan
Owner Occupier, Principal & Interest
1.85% p.a.
fixed 3 years2.13% p.a.
$0 fees and easy application. Choose between weekly, fortnightly or monthly repayments. 3 year fixed rates are for new Owner Occupier Principal & Interest loans.
UHomeLoan
$0 fees and easy application. Choose between weekly, fortnightly or monthly repayments. 3 year fixed rates are for new Owner Occupier Principal & Interest loans.
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1.85% p.a.
fixed 3 years -
2.13% p.a.
-
$0
-
$0.00
-
$0.00
-
yes - free up to $20,000 during fixed rate term
-
no
-
no
-
$0
-
80.00%
-
$100,000
-
$2,000,000
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
-
$395 Establishment fee waived for fixed rate loans that settle by 30 September 2022.
Read our Mozo Review to learn more about the UHomeLoan
Details Close
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1.99% p.a.
fixed 3 years2.83% p.a.
$1234
Product details Close detailsFixed Home Loan Special Offer Home Package Plus
Owner Occupier, Principal & Interest, <80% LVR
1.99% p.a.
fixed 3 years2.83% p.a.
Competitive low fixed rates for owner occupiers. No monthly account keeping or loan establishment fees. 20% deposit required. Get $3K cash when you refinance to a Suncorp Bank home loan of $750K+ with LVR <= 90%. Apply by 30/11/21, settle by 28/02/22. (T&Cs apply).
Fixed Home Loan Special Offer Home Package Plus
Competitive low fixed rates for owner occupiers. No monthly account keeping or loan establishment fees. 20% deposit required. Get $3K cash when you refinance to a Suncorp Bank home loan of $750K+ with LVR <= 90%. Apply by 30/11/21, settle by 28/02/22. (T&Cs apply).
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1.99% p.a.
fixed 3 years -
2.83% p.a.
-
$0
-
$375.00 yearly
-
$350.00
-
yes - free up to $500 per month
-
no
-
no
-
$0
-
80.00%
-
$150,000
-
-
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
-
$3,000 solar cashback (homes with solar, $500k+, <90% LVR approved before 31 Dec 2021) or $3,000 cashback refinance existing loan, $750k+ <90% LVR and approved before 30 Nov 2021. Cannot be combined.
Read our Mozo Review to learn more about the Fixed Home Loan Special Offer
Details Close
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2.09% p.a.
fixed 3 years2.87% p.a.
$1234
Product details Close detailsFixed Rate Home Loan Home Loan Package
Owner Occupier, Principal & Interest, LVR <80%
2.09% p.a.
fixed 3 years2.87% p.a.
Ability to split your home loan between Fixed and Variable. Dedicated Relationship Manager. Min 20% deposit. Refinancers borrowing $250,000 or more could receive $3,288 cashback (T&Cs, eligibility and lending criteria apply).
Fixed Rate Home Loan Home Loan Package
Ability to split your home loan between Fixed and Variable. Dedicated Relationship Manager. Min 20% deposit. Refinancers borrowing $250,000 or more could receive $3,288 cashback (T&Cs, eligibility and lending criteria apply).
-
2.09% p.a.
fixed 3 years -
2.87% p.a.
-
$270
-
$390.00 yearly
-
$300.00
-
yes - free up to $10,000 p.a.
-
no
-
no
-
$270
-
80.00%
-
$500,000
-
$7,500,000
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
-
Receive $3,288 cashback when you refinance an existing home loan of $250,000. Must apply by 31 December 2021 and settle by 28 February 2022.
Read our Mozo Review to learn more about the Fixed Rate Home Loan
Details Close
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-
Mozo experts choice awards won:
- Australia's Best Large Mutual Bank - 2021
1.89% p.a.
fixed 2 years2.64% p.a.
$1234
Product details Close details Mozo experts choice awards won:
- Australia's Best Large Mutual Bank - 2021
Fixed Rate Home Loan
Owner Occupier, Principal & Interest, LVR<80%
1.89% p.a.
fixed 2 years2.64% p.a.
Competitive fixed rates across 1 to 5 year terms. No application fee or annual fee. Free extra repayments (up to $10,000 per year). Winner of Australia's Best Large Mutual Bank 2021.
Fixed Rate Home Loan
Competitive fixed rates across 1 to 5 year terms. No application fee or annual fee. Free extra repayments (up to $10,000 per year). Winner of Australia's Best Large Mutual Bank 2021.
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1.89% p.a.
fixed 2 years -
2.64% p.a.
-
$0
-
$0.00
-
$275.00
-
yes - free up to $10,000 p.a.
-
no
-
no
-
$0
-
80.00%
-
$150,000
-
-
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Monthly, Fortnightly, Weekly
-
Read our Mozo Review to learn more about the Fixed Rate Home Loan
Details Close
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1.79% p.a.
fixed 1 year2.18% p.a.
$1234
Product details Close detailsUHomeLoan
Owner Occupier, Principal & Interest
1.79% p.a.
fixed 1 year2.18% p.a.
Fast, easy to apply and no ongoing fees. Choose between weekly, fortnightly or monthly repayments. 1 year fixed rates are for new Owner Occupier Principal & Interest loans.
UHomeLoan
Fast, easy to apply and no ongoing fees. Choose between weekly, fortnightly or monthly repayments. 1 year fixed rates are for new Owner Occupier Principal & Interest loans.
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1.79% p.a.
fixed 1 year -
2.18% p.a.
-
$0
-
$0.00
-
$0.00
-
yes - free up to $20,000 during fixed rate term
-
no
-
no
-
$0
-
80.00%
-
$100,000
-
$2,000,000
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
-
$395 Establishment fee waived for fixed rate loans that settle by 30 September 2022.
Read our Mozo Review to learn more about the UHomeLoan
Details Close
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^See information about the Mozo Experts Choice Home loans Awards
