With a fixed rate home loan from ubank, owner occupiers and investors can get repayment certainty for 1, 2, 3 or 5 years. The Own Home Loan is relatively light on fees, and you'll have the option to make extra repayments during the fixed term of your loan (up to a maximum of $20,000 p.a.). There is also a rate lock feature available where you can secure the advertised interest rate up until the settlement of the loan if you’re losing sleep over possible interest rate rises in the future (fees apply).
Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments | |
---|---|---|---|---|---|---|
6.49% p.a. |
6.54% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.49% p.a. |
6.54% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.49% p.a. |
6.50% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
5.99% p.a. |
6.41% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
5.99% p.a. |
6.41% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.84% p.a. |
7.00% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
5.99% p.a. |
6.37% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.29% p.a. |
6.63% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.49% p.a. |
6.68% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.49% p.a. |
6.68% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.49% p.a. |
6.65% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.29% p.a. |
6.63% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.29% p.a. |
6.60% p.a. |
$250.00 yearly |
$250 |
Go to site |
ubank also offers a selection of variable rate home loans, wth different rates available depending on your LVR. While there are no application fees, borrowers should be aware of the settlement, discharge, and yearly service fee. Borrowers will also have access to a number of useful features, including unlimited extra repayments, a redraw facility, and the choice between making weekly, fortnightly or monthly repayments.
Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments | |
---|---|---|---|---|---|---|
6.74% p.a. |
6.68% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.74% p.a. |
6.68% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.69% p.a. |
6.63% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.24% p.a. |
6.48% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.24% p.a. |
6.48% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.74% p.a. |
6.97% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.19% p.a. |
6.43% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.19% p.a. |
6.21% p.a. |
$0.00 |
$250 |
Go to site | ||
6.19% p.a. |
6.21% p.a. |
$0.00 |
$250 |
Go to site | ||
6.64% p.a. |
6.66% p.a. |
$0.00 |
$250 |
Go to site | ||
6.14% p.a. |
6.16% p.a. |
$0.00 |
$250 |
Go to site | ||
6.79% p.a. |
6.81% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.79% p.a. |
6.81% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.74% p.a. |
6.76% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.44% p.a. |
6.68% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.44% p.a. |
6.68% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.39% p.a. |
6.63% p.a. |
$250.00 yearly |
$250 |
Go to site | ||
6.74% p.a. |
6.56% p.a. |
$0.00 |
$250 |
Go to site | ||
6.74% p.a. |
6.56% p.a. |
$0.00 |
$250 |
Go to site | ||
6.64% p.a. |
6.49% p.a. |
$0.00 |
$250 |
Go to site | ||
6.39% p.a. |
6.41% p.a. |
$0.00 |
$250 |
Go to site | ||
6.39% p.a. |
6.41% p.a. |
$0.00 |
$250 |
Go to site | ||
6.34% p.a. |
6.36% p.a. |
$0.00 |
$250 |
Go to site |
Choosing a home loan with ubank means you can manage your home loan from the comfort of your own couch, or bed, or anywhere really. In case you’re not comfortable using a provider without a physical branch, head on over to our comparison tool and choose a provider with an extensive branch network.
As an online bank, ubank has passed on its cost savings to customers through its competitive interest rates and products that are light on fees.
When you sign up to ubank’s fixed rate you can use the optional rate lock feature as an added guarantee that you will be charged the advertised interest rate even if there is a rate rise before the loan settles. Be mindful you will be charged a fee to use this feature.
Mozo users have rated ubank home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
36 Reviews
This is a no frills bank, no branch available , all communication is online or via phone but staff have always been helpful . Low interest rate and low fees. Would recommend.
Read full reviewThis is a no frills bank, no branch available , all communication is online or via phone but staff have always been helpful . Low interest rate and low fees. Would recommend.
Great rates, good options for multiple offset accounts and fast local customer service. Easy to use app.
Read full reviewGreat rates, good options for multiple offset accounts and fast local customer service. Easy to use app.
Delays in home loan application due to glitches in online application system, slow responce times, and jumping through hoops to gain approval. Now that we gain approval, Ubank will not honor cash back offer if our settlement occurs 1 minute past June 30 deadline, despite their involvment in delays. No guarantee settlement will occur in time. Hence i declined the offer after many hours of effort.
Read full reviewDelays in home loan application due to glitches in online application system, slow responce times, and jumping through hoops to gain approval. Now that we gain approval, Ubank will not honor cash back offer if our settlement occurs 1 minute past June 30 deadline, despite their involvment in delays. No guarantee settlement will occur in time. Hence i declined the offer after many hours of effort.
Completing the application was interesting, in giving them access to all your banking accounts then they estimated your expenses, which for empty nesters having an amount included as education/childcare seemed odd. Difficult to change the computer-generated figures, if allowed at all then we hit the verification process. Oh my god what a slow, cumbersome process this proved to be. Finally gave up :(
Read full reviewCompleting the application was interesting, in giving them access to all your banking accounts then they estimated your expenses, which for empty nesters having an amount included as education/childcare seemed odd. Difficult to change the computer-generated figures, if allowed at all then we hit the verification process. Oh my god what a slow, cumbersome process this proved to be. Finally gave up :(
Awful customer service. Very slow to deal with. String you along for a couple of weeks then find roadblocks to progress with loan application. You will loose contracts relying on this bank.
Read full reviewAwful customer service. Very slow to deal with. String you along for a couple of weeks then find roadblocks to progress with loan application. You will loose contracts relying on this bank.
To apply for a UBank home loan, you will need to complete and submit an online application. In order to finalise your home loan application, you’ll need to supply the following documents: