First Home Buyer Loan

Take control of your first home purchase with our low-interest rate variable Home Loan. Everything you need is here to get you started, making it easier than ever to begin your home ownership journey.

5.70 % p.a. Interest rate 5.75 % p.a. Comparison rate

Owner Occupied | Principal & Interest

Competitive interest rate
No establishment fee and monthly fee
Get Ahead Start Guarantor option available
100% offset account
Unlimited redraws⁴ and extra repayments

Variable Rates	Principal & Interest
	Interest Rate	Comparison Rate
First Home Buyer Loan	5.70% p.a.	5.75% p.a.

Features
Minimum loan amount	No minimum
Maximum LVR	80%
Maximum LVR with Lender Mortgage Insurance	95% (subject to approval)²
Get Ahead Start Guarantor (borrow up to 100% LVR)	Yes
Maximum loan term	40 years³
Interest calculation	calculated daily, charged monthly
Repayment type	Principal & Interest only
Repayment frequency	Weekly, fortnightly or monthly
Establishment fee	$0
Monthly loan fee	$0
Extra repayments	Unlimited
Interest offset	Yes
Redraw	Yes⁴
Loan preparation fees	At cost
Increase/top up	Yes

Discover how we can help

See what our Members have to say!

"We were very pleased with the speed and personalised service we received from the team at Unity Bank in helping us purchase our first home. We also found their products to be very competitive. Unity Bank has more of a family feel to it than a corporation. We have already recommended them to others, as we are very happy with them."

Emanuel, Member

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Important information

¹ Comparison rate is calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. This rate is for secured loans only. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

² Unless approved under the Australian Government 5% Deposit Scheme and Victorian Homebuyer Fund, Lenders Mortgage Insurance will be required if you borrow over 80% of the value of your home (or borrow an additional amount on your existing mortgage that brings the overall loan amount over 80% LVR). No top up available under the Australian Government 5% Deposit Scheme and Victorian Homebuyer Fund.

³ Available when one or more applicants are aged 30 years or less. Maximum loan term 30 years under Victorian Homebuyer Fund. Maximum loan term of up to 30 years (plus up to 3 years to build a new home) under the Australian Government 5% Deposit Scheme.

⁴ Minimum redraw amount of $100 applies.

Eligibility criteria, terms and conditions, fees and charges apply.