Australian Unity home loan repayment calculator

Thinking about taking out a home loan with Australian Unity? Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how Australian Unity home loans compare with other options.

I am an

With a repayment type

Borrow amount

$

Deposit amount %

Loan term

Your estimated repayments

at interest rate 3.24 %

Total interest payable

$0

Total amount payable

$0

Pros and cons

  • Package loans available.
  • No annual package fees.
  • Low rates.
  • No branch access.
  • Limited loan options.

Australian Unity home loans rates

Product
Advertised Rate
Total estimated upfront fees
Comparison Rate*
Ongoing fee
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Company

3.24%

Variable

$600

3.27%

$0
Australian Unity
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3.29%

Fixed - 3 years

$600

3.51%

$0
Australian Unity
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3.34%

Fixed - 1 year

$600

3.56%

$0
Australian Unity
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3.54%

Variable

$600

3.57%

$0
Australian Unity
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3.64%

Fixed - 5 years

$600

3.61%

$0
Australian Unity
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3.14%

Fixed - 3 years

$600

3.73%

$0
Australian Unity
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3.19%

Fixed - 1 year

$600

3.77%

$0
Australian Unity
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3.39%

Variable

$600

3.79%

$0
Australian Unity
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3.79%

Variable

$600

3.82%

$0
Australian Unity
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3.79%

Fixed - 3 years

$600

3.82%

$0
Australian Unity
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3.49%

Fixed - 5 years

$600

3.83%

$0
Australian Unity
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3.95%

Fixed - 1 year

$600

3.84%

$0
Australian Unity
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4.04%

Fixed - 5 years

$600

3.93%

$0
Australian Unity
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3.64%

Variable

$0

4.04%

$399 annually
Australian Unity
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3.64%

Fixed - 3 years

$0

4.04%

$399 annually
Australian Unity
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3.80%

Fixed - 1 year

$0

4.05%

$399 annually
Australian Unity
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3.94%

Fixed - 3 years

$600

4.09%

$0
Australian Unity
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3.84%

Fixed - 5 years

$600

4.11%

$0
Australian Unity
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4.04%

Fixed - 1 year

$600

4.12%

$0
Australian Unity
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4.09%

Variable

$600

4.12%

$0
Australian Unity
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3.69%

Fixed - 3 years

$600

4.13%

$0
Australian Unity
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3.89%

Fixed - 5 years

$0

4.14%

$399 annually
Australian Unity
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4.14%

Fixed - 5 years

$600

4.15%

$0
Australian Unity
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3.74%

Fixed - 1 year

$600

4.23%

$0
Australian Unity
More details

4.24%

Variable

$600

4.27%

$0
Australian Unity
More details

3.69%

Fixed - 5 years

$0

4.28%

$399 annually
Australian Unity
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3.79%

Fixed - 3 years

$0

4.29%

$399 annually
Australian Unity
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3.54%

Fixed - 3 years

$0

4.30%

$399 annually
Australian Unity
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3.89%

Fixed - 1 year

$0

4.32%

$399 annually
Australian Unity
More details

3.94%

Variable

$0

4.33%

$399 annually
Australian Unity
More details

4.31%

Variable

$600

4.34%

$0
Australian Unity
More details

4.31%

Variable

$600

4.34%

$0
Australian Unity
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4.31%

Variable

$600

4.34%

$0
Australian Unity
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3.99%

Fixed - 5 years

$0

4.35%

$399 annually
Australian Unity
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3.59%

Fixed - 1 year

$0

4.38%

$399 annually
Australian Unity
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4.04%

Variable

$0

4.43%

$399 annually
Australian Unity
More details

4.31%

Variable

$0

4.69%

$399 annually
Australian Unity
More details

4.31%

Variable

$0

4.69%

$399 annually
Australian Unity
More details

5.06%

Variable

$600

5.09%

$0
Australian Unity
More details

5.06%

Variable

$600

5.09%

$0
Australian Unity
More details

5.06%

Variable

$0

5.42%

$399 annually
Australian Unity
More details

5.06%

Variable

$0

5.42%

$399 annually
Australian Unity
More details

Australian Unity customer service

Home loan customers at Australian Unity can contact the organisation via a number of methods. There is a specialised phone line and email contact for home loan customers, as well as a general customer enquiry line. Customers can also contact an affiliated home loan consultant via the Australian Unity website.

  • Customer service centre (phone)
  • Online banking
  • Email
  • Live chat
  • Mobile banking staff

How to Apply

Potential home loan customers at Australian Unity can apply for a loan by submitting a loan enquiry form via the Australian Unity website, after which time a home loan specialist will contact them at a preferred date and time. Customers can also make enquiries via email or by phone on the specialised home loan line. Before applying for a home loan it is advisable to think about how much money you could conceivably borrow given your financial situation and income. You will also need to provide documentation when applying for a home loan. This will include:

  • Personal identification documents.
  • Proof of income – whether you are self-employed or work for an employer.
  • Proof of other earnings, assets and savings.
  • Details of debts, loans and liabilities.  
  • Personal insurance documents.

How much money can I borrow for a home loan?

Home Loans Frequently Asked Questions

Switch & Save help desk

What is appreciation or depreciation of property?

The increase or decrease in the value of a property due to factors including inflation, demand and political stability.

What happens to my home loan when interest rates rise?

If you are on a variable rate home loan, every so often your rate will be subject to increases and decreases. Rate changes are determined by your lender, not the Reserve Bank of Australia, however often when the RBA changes the cash rate, a number of banks will follow suit, at least to some extent. You can use RateCity cash rate to check how the latest interest rate change affected your mortgage interest rate.

When your rate rises, you will be required to pay your bank more each month in mortgage repayments. Similarly, if your interest rate is cut, then your monthly repayments will decrease. Your lender will notify you of what your new repayments will be, although you can do the calculations yourself, and compare other home loan rates using our mortgage calculator.

There is no way of conclusively predicting when interest rates will go up or down on home loans so if you prefer a more stable approach consider opting for a fixed rate loan.

Interest Rate

Your current home loan interest rate. To accurately calculate how much you could save, an accurate interest figure is required. If you are not certain, check your bank statement or log into your mortgage account.

What is Real Time Ratings?

Real Time RatingsTM ranks home loans according to cost and flexibility. This allows you to compare products using a simple score out of five.

Our world-first system analyses almost 4,000 mortgages based on your individual requirements. Best of all, the results are generated in real time, so if a lender has just hiked its interest rates or introduced extra fees, our system has factored this in.

What is the difference between a fixed rate and variable rate?

A variable rate can fluctuate over the life of a loan as determined by your lender. While the rate is broadly reflective of market conditions, including the Reserve Bank’s cash rate, it is by no means the sole determining factor in your bank’s decision-making process.

A fixed rate is one which is set for a period of time, regardless of market fluctuations. Fixed rates can be as short as one year or as long as 15 years however after this time it will revert to a variable rate, unless you negotiate with your bank to enter into another fixed term agreement

Variable rates is that they are typically more flexible than their fixed rate counterparts which means that a lot of these products will let you make extra repayments and offer features such as offset accounts however fixed rates do offer customers a level of security by knowing exactly how much they need to set aside each month.

How do I calculate monthly mortgage repayments?

Work out your mortgage repayments using a home loan calculator that takes into account your deposit size, property value and interest rate. This is divided by the loan term you choose (for example, there are 360 months in a 30-year mortgage) to determine the monthly repayments over this time frame.

Over the course of your loan, your monthly repayment amount will be affected by changes to your interest rate, plus any circumstances where you opt to pay interest-only for a period of time, instead of principal and interest.

What is a fixed home loan?

A fixed rate home loan is a loan where the interest rate is set for a certain amount of time, usually between one and 15 years. The advantage of a fixed rate is that you know exactly how much your repayments will be for the duration of the fixed term. There are some disadvantages to fixing that you need to be aware of. Some products won’t let you make extra repayments, or offer tools such as an offset account to help you reduce your interest, while others will charge a significant break fee if you decide to terminate the loan before the fixed period finishes.

What's the difference between Real Time Ratings and comparison rates?

A comparison rate calculates the cost of a $150,000 loan over 25 years. While a comparison rate is a good industry benchmark, it doesn’t consider your specific lending requirements.

Real Time RatingsTM factors in essential information like your loan size, your loan-to-value ratio (LVR), whether you want an offset account and whether you are an investor or an owner-occupier.

What is a credit file?

A comprehensive summary of your credit history from an authorised credit reporting agency.

It includes your credit details, credit taken in the last five years, any default payments or credit infringements, arrears, repayment history, bankruptcy filings and a list of credit applications (including unapproved credit applications) in addition to your personal details.

Are bad credit home loans dangerous?

Bad credit home loans can be dangerous if the borrower signs up for a loan they’ll struggle to repay. This might occur if the borrower takes out a mortgage at the limit of their financial capacity, especially if they have some combination of a low income, an insecure job and poor savings habits.

Bad credit home loans can also be dangerous if the borrower buys a home in a stagnant or falling market – because if the home has to be sold, they might be left with ‘negative equity’ (where the home is worth less than the mortgage).

That said, bad credit home loans can work out well if the borrower is able to repay the mortgage – for example, if they borrow conservatively, have a decent income, a secure job and good savings habits. Another good sign is if the borrower buys a property in a market that is likely to rise over the long term.

Why is it important to get the most up-to-date information?

The mortgage market changes constantly. Every week, new products get launched and existing products get tweaked. Yet many ratings and awards systems rank products annually or biannually.

We update our product data as soon as possible when lenders make changes, so if a bank hikes its interest rates or changes its product, the system will quickly re-evaluate it.

Nobody wants to read a weather forecast that is six months old, and the same is true for home loan comparisons.

Savings over

Select a number of years to see how much money you can save with different home loans over time.

e.g. To see how much you could save in two years by switching mortgages,  set the slider to 2.