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.

Interest Rate

5.99%

p.a

Comparison Rate*

5.90%

p.a

Real Time Rating™

Tags

Owner Occupied
Variable
20% min deposit
P&I

Interest Rate

5.99%

p.a

Comparison Rate*

5.90%

p.a

ly Repayment

$0

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

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Australian Credit Licence 234945Fees & charges apply

Variable Rate Home Loan LVR < 80%

Find your ideal home loan from one of the 1 home loans from Unloan

Owner occupier
Investor

Principal and Interest (P&I)

Loan type	Loan to value ratio	Interest rate	Comparison rate
Variable	Up to 80%	5.99% p.a.	5.90% p.a.	Product Info

Interest only

Loan type	Loan to value ratio	Interest rate	Comparison rate

Unloan Variable Rate Home loan overview

For Variable Rate Home Loan LVR < 80%

Details

Maximum LVR 80%	Total Repayments $0 View repayment schedule »
Interest rate type Variable	Borrowing range $10k - $10m Calculate how much you can borrow
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
Offset account	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
Legal 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.

RateCity says

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

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

How to apply

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

Looking for more Unloan products?

FAQs

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

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

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

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

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

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

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