Important disclosure

Unloan (a division of CBA)

Variable Rate Home Loan LVR < 80%

  • Owner Occupied
  • Variable
  • 20% min deposit
  • P&I

special

Receive an extra 0.01% p.a. discount every year, up to a maximum discount of 0.30% p.a.

2024 Award Winner

Interest Rate

5.99%

p.a

Comparison Rate*

5.90%

p.a

RateCity says

“Built by CBA, this home loan deal allows borrowers who refinance benefit from an ongoing loyalty discount”

Real Time Rating™
Tags
  • Owner Occupied
  • Variable
  • 20% min deposit
  • P&I
Interest Rate

5.99%

p.a

Comparison Rate*

5.90%

p.a

Monthly Repayment

$3,218

based on $500,000 loan amount for 25 years at 5.99%

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Australian Credit Licence 234945Fees & charges apply

Calculate your repayments for this loan

$

Your estimated repayment

$3,218

based on $500,000 loan amount for 25 years at 5.99%

Pros and cons

For Variable Rate Home Loan LVR < 80%

Benefits

  • Interest rates ranked in the best 20%
  • No upfront or ongoing fees
  • Extra repayments and redraw facility
  • Free redraw facility
  • Winner of Best Variable Home Loan, Best Refinance Home Loan, RateCity Gold Awards 2024

Drawbacks

  • No offset account
  • Not available for first home buyers
  • No repayment holidays

Unloan Variable Rate Home loan overview

For Variable Rate Home Loan LVR < 80%

Details

Maximum LVR

80%

Total Repayments

Interest rate type

Variable

Borrowing range

Suitable for

Owner Occupiers

Loan term range

1 - 30 years

Repayment type

Principal and Interest

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Repayment options

Fortnightly, Monthly, Weekly

Target Market Determination

Visit Unloan (a division of CBA) to view Target Market Determination.

Features

Extra repayments

Unlimited

Redraw facility

Redraw fee: $0

Split interest facility

Loan portability

Repayment holiday available

Allow guarantors

Available for first home buyers

Other benefits

Fees

Total estimated upfront fees

$0

Application fee

$0

Valuation fee

$0

Settlement fee

$0

Other upfront fee

$0

Ongoing fee

$0

Discharge fee

$0

Specials
  • Other Receive an extra 0.01% p.a. discount every year, up to a maximum discount of 0.30% p.a.

How to apply

If you'd like to apply for this product or just get more information, follow the application process on Unloan.

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $10k to $10,000,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 80 percent, which means it requires a minimum deposit of 20 percent

What's the maximum length for this loan?

Unloan (a division of CBA) allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

Unloan (a division of CBA) allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $0 worth of upfront fees.

Does this loan come with a redraw facility?

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

Where can you apply for this loan?

Unloan (a division of CBA) makes it possible to apply for this product online. Apply here.