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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Promoted
loans.com.au2.29% p.a.
fixed 2 years2.81% p.a.
$1234
Product details Close detailsloans.com.auSpecial Offer Fixed Rate Home Loan
Owner Occupier, Principal & Interest
2.29% p.a.
fixed 2 years2.81% p.a.
This 3 Year Fixed Rate Special Offer for purchase or refinance. Rate lock option available. No monthly or ongoing fees.
Special Offer Fixed Rate Home Loan
This 3 Year Fixed Rate Special Offer for purchase or refinance. Rate lock option available. No monthly or ongoing fees.
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2.29% p.a.
fixed 2 years -
2.81% p.a.
-
$520
-
$0.00
-
$0.00
-
yes - free up to $10,000 p.a.
-
no
-
no
-
$520
-
80.00%
-
$50,000
-
$1,000,000
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
-
Read our Mozo Review to learn more about the Special Offer Fixed Rate Home Loan
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-
Promoted
HSBC
2.09% p.a.
fixed 2 years2.98% p.a.
$1234
Product details Close detailsHSBC Fixed Rate Home Loan
Owner Occupier, Principal & Interest, LVR <80%
2.09% p.a.
fixed 2 years2.98% p.a.
Have the security of a fixed rate for 2 years with the option to split with one of the HSBC variable Home Loans. No ongoing monthly service fees or annual fees. Mozo Experts Choice Fixed Home Loan 2020^
Fixed Rate Home Loan
Have the security of a fixed rate for 2 years with the option to split with one of the HSBC variable Home Loans. No ongoing monthly service fees or annual fees. Mozo Experts Choice Fixed Home Loan 2020^
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2.09% p.a.
fixed 2 years -
2.98% p.a.
-
$0
-
$0.00
-
$300.00
-
yes - free up to $10,000 p.a.
-
no
-
no
-
$0
-
80.00%
-
$50,000
-
$7,500,000
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
-
Read our Mozo Review to learn more about the Fixed Rate Home Loan
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-
Promoted
Homestar1.98% p.a.
fixed 1 year2.41% p.a.
$1234
Product details Close detailsHomestarStar Classic Fixed Home Loan
Principal & Interest
1.98% p.a.
fixed 1 year2.41% p.a.
Enjoy a new and unbelievably low introductory rate home loan for one year. Unlimited free online redraws and additional repayments up to $20K to help you pay off your home sooner. Multiple loan splits possible and flexible replacements. (Rates revert after introductory period ends).
Star Classic Fixed Home Loan
Enjoy a new and unbelievably low introductory rate home loan for one year. Unlimited free online redraws and additional repayments up to $20K to help you pay off your home sooner. Multiple loan splits possible and flexible replacements. (Rates revert after introductory period ends).
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1.98% p.a.
fixed 1 year -
2.41% p.a.
-
$495
-
$0.00
-
$535.00
-
yes - free up to $20,000 p.a.
-
yes - free
-
no
-
$495
-
80.00%
-
$150,000
-
$850,000
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
-
Read our Mozo Review to learn more about the Star Classic Fixed Home Loan
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-
Promoted
UBank 2.14% p.a.
fixed 1 year2.48% p.a.
$1234
Product details Close detailsUBank UHomeLoan
Owner Occupier, Principal & Interest
2.14% p.a.
fixed 1 year2.48% p.a.
Fast, easy apply and no ongoing fees. Choose between weekly, fortnightly or monthly repayments. 1 year fixed rates are for new Owner Occupier Principal & Interest loans. Winner of a Mozo Experts Choice Award 2019 in the Fixed Rate Home Loan category.^
UHomeLoan
Fast, easy apply and no ongoing fees. Choose between weekly, fortnightly or monthly repayments. 1 year fixed rates are for new Owner Occupier Principal & Interest loans. Winner of a Mozo Experts Choice Award 2019 in the Fixed Rate Home Loan category.^
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2.14% p.a.
fixed 1 year -
2.48% p.a.
-
$395
-
$0.00
-
$0.00
-
yes - free up to $20,000 p.a.
-
no
-
no
-
$395
-
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 31 March 2020.
Read our Mozo Review to learn more about the UHomeLoan
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Promoted
Hot Deal $2,000 Refinance Cash Bonus (T&Cs apply)
Suncorp2.29% p.a.
fixed 2 years3.28% p.a.
$1234
Product details Close detailsSuncorpFixed Home Loan Special Offer Home Package Plus
Owner Occupier, Principal & Interest
2.29% p.a.
fixed 2 years3.28% p.a.
No monthly account keeping fees & No loan establishment fee. Get a $2,000 cash bonus when you refinance with an eligible Suncorp Bank Home Loan of $250k+. T&Cs & eligibility criteria apply.
Fixed Home Loan Special Offer Home Package Plus
No monthly account keeping fees & No loan establishment fee. Get a $2,000 cash bonus when you refinance with an eligible Suncorp Bank Home Loan of $250k+. T&Cs & eligibility criteria apply.
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2.29% p.a.
fixed 2 years -
3.28% p.a.
-
$0
-
$375.00 yearly
-
$350.00
-
yes - free up to $500 per month
-
no
-
no
-
$0
-
90.00%
-
$150,000
-
-
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
-
Refinance from another lender to receive a $2,000 cash bonus for loans of at least $250,000 or $3,000 bonus for loans over $750,000. Available for loans with an LVR <90% and applications made by 18 December 2020 and settled by 26 March 2021.
Read our Mozo Review to learn more about the Fixed Home Loan Special Offer
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-
Promoted
Hot Deal $2,500 cashback when you refinance your home loan to BOQ (T&Cs apply)
Bank of Queensland2.25% p.a.
fixed 3 years3.41% p.a.
$1234
Product details Close detailsBank of QueenslandDiscount Fixed Rate
Owner Occupier, Principal & Interest, <80% LVR
2.25% p.a.
fixed 3 years3.41% p.a.
Have the certainty of fixed repayments with a competitive rate from BOQ. Flexible repayment options available and make up to $5,000 in additional repayments annually. $3,000 cashback when you refinance your home loan to BOQ (min. $250k lending, max 70% LVR, T&Cs apply).
Discount Fixed Rate
Have the certainty of fixed repayments with a competitive rate from BOQ. Flexible repayment options available and make up to $5,000 in additional repayments annually. $3,000 cashback when you refinance your home loan to BOQ (min. $250k lending, max 70% LVR, T&Cs apply).
-
2.25% p.a.
fixed 3 years -
3.41% p.a.
-
$450
-
$10.00 monthly
-
$350.00
-
yes - free up to $5,000 p.a
-
no
-
no
-
$450
-
80.00%
-
$150,000
-
-
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
-
$3,000 cashback when you refinance your home loan to BOQ, min $250,000, 80% LVR or less. Apply before 29 November 2020, settle by 28 February 2021.
Read our Mozo Review to learn more about the Discount Fixed Rate
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Promoted
IMB Bank2.39% p.a.
fixed 3 years3.08% p.a.
$1234
Product details Close detailsIMB BankFixed Home Loan
Owner Occupier, Principal & Interest
2.39% p.a.
fixed 3 years3.08% p.a.
The IMB Fixed Rate Home Loan gives you peace of mind with the security of fixed loan repayments. You can also pay up to 12 months repayments in advance without penalty.
Fixed Home Loan
The IMB Fixed Rate Home Loan gives you peace of mind with the security of fixed loan repayments. You can also pay up to 12 months repayments in advance without penalty.
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2.39% p.a.
fixed 3 years -
3.08% p.a.
-
$799
-
$6.00 monthly
-
$350.00
-
yes - free up to 1 year in advance
-
yes - free
-
no
-
$799
-
90.00%
-
$10,000
-
$5,000,000
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
-
Read our Mozo Review to learn more about the Fixed Home Loan
-
-
Promoted
AMP Bank2.49% p.a.
fixed 3 years3.07% p.a.
$1234
Product details Close detailsAMP BankFixed Rate Loan Professional Package
Owner Occupier, Principal & Interest
2.49% p.a.
fixed 3 years3.07% p.a.
Enjoy a fixed rate with the AMP Bank Professional Package Home Loan. Minimum 20% deposit required. Other rates available for interest only option. Pre-qualify today.
Fixed Rate Loan Professional Package
Enjoy a fixed rate with the AMP Bank Professional Package Home Loan. Minimum 20% deposit required. Other rates available for interest only option. Pre-qualify today.
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2.49% p.a.
fixed 3 years -
3.07% p.a.
-
$295
-
$349.00 yearly
-
$350.00
-
yes - free up to $10,000 p.a.
-
no
-
no
-
$295
-
80.00%
-
$100,000
-
$499,999
-
Fixed
-
Principal & Interest
-
Owner Occupier
-
Weekly, Fortnightly, Monthly
-
Read our Mozo Review to learn more about the Fixed Rate Loan
-
-
Promoted
Newcastle Permanent2.18% p.a.
fixed 2 years3.72% p.a.
$1234
Product details Close detailsNewcastle PermanentSpecial Fixed Rate Home Loan Premium Plus Package
Owner Occupier, Principal & Interest
2.18% p.a.
fixed 2 years3.72% p.a.
No ongoing fees. Ability to split your loan between fixed and variable. $2,000 cashback offer for investor & owner occupied home loans over $250k with LVR ≤80% when refinancing to Newcastle Permanent. Limited time offer, T&Cs apply.
Special Fixed Rate Home Loan Premium Plus Package
No ongoing fees. Ability to split your loan between fixed and variable. $2,000 cashback offer for investor & owner occupied home loans over $250k with LVR ≤80% when refinancing to Newcastle Permanent. Limited time offer, T&Cs apply.
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2.18% p.a.
fixed 2 years -
3.72% p.a.
-
$0
-
$395.00 yearly
-
$0.00
-
yes - free up to $25,000 p.a.
-
yes - free
-
no
-
$0
-
80.00%
-
$5,000
-
-
-
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 30 November 2020, min $250k, LVR <80%
Read our Mozo Review to learn more about the Special Fixed Rate Home Loan
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-
Promoted
Qudos Bank 2.19% p.a.
fixed 3 years2.79% p.a.
$1234
Product details Close detailsQudos Bank Fixed Rate Home Loan
Owner Occupier, Principal & Interest, LVR<80%
2.19% p.a.
fixed 3 years2.79% p.a.
Competitive fixed rates ranging from 2.29% (2.82% comparison rate*) across 1 to 5 year terms. No application fee or annual fee. Free extra repayments (up to $10,000 per year).
Fixed Rate Home Loan
Competitive fixed rates ranging from 2.29% (2.82% comparison rate*) across 1 to 5 year terms. No application fee or annual fee. Free extra repayments (up to $10,000 per year).
-
2.19% p.a.
fixed 3 years -
2.79% 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
-
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