Product Information


Product Summary Style

Advantage

The Advantage is our basic home loan that keeps it simple. Take advantage of our low rates with both variable and fixed rate options.

  • From
    6.24 % p.a.
    Interest rate
  • 6.31 % p.a.
    Comparison rate
Features & fees

Product Summary Style Excluding Rates

Advantage

The Advantage is our basic home loan that keeps it simple. Take advantage of our low rates with both variable and fixed rate options.

  • From
    6.24 % p.a.
    Interest rate
  • 6.31 % p.a.
    Comparison rate
Features & fees

Product Summary with image

Advantage

The Advantage is our basic home loan that keeps it simple. Take advantage of our low rates with both variable and fixed rate options.

  • From
    6.24 % p.a.
    Interest rate
  • 6.31 % p.a.
    Comparison rate
Features & fees

Featured Product Summary Box

Advantage

The Advantage is our basic home loan that keeps it simple. Take advantage of our low rates with both variable and fixed rate options.

  • No annual fee
  • Free redraw available on variable rate loans only
  • Ability to split loan
  • From
    6.24 % p.a.
    Interest rate
  • 6.31 % p.a.
    Comparison rate

Featured Product Summary Box excluding rates

Advantage

The Advantage is our basic home loan that keeps it simple. Take advantage of our low rates with both variable and fixed rate options.

  • No annual fee
  • Free redraw available on variable rate loans only
  • Ability to split loan
  • From
    6.24 % p.a.
    Interest rate
  • 6.31 % p.a.
    Comparison rate

 

  Interest Rate (number only) Comparison Rate (number only)
Product Name From 6.24% p.a. 6.31% p.a.

Interest Rate (number only styled)

From 6.24 % p.a.

Comparison Rate (number only styled)

6.31 % p.a.

Interest & Comparison Rate with descriptive text

From 6.24 % p.a. Interest rate 6.31 % p.a. Comparison rate

Product Features

Product Features:

Home Loans
Minimum Loan Amount $10,000
Maximum Loan Amount 95% of the property value
Loan Period 30
Repayment Frequency Monthly, fortnightly, weekly
Establishment fee $300 for fixed rate loans only
Legal Fees At cost
Valuation Fees At cost
Additional Repayments Fee $0
Redraw Facility Available only on variable rate loans
Monthly account keeping/service fees No
Top up facility available Min $10,000
Auto repayments salary/account Yes
Offset Account No

Rate variant dropdown

  • 1 These rates are for secured loans only. Only available for new home loans, refinances from competitors or for existing home loan members who add an additional minimum $10,000 to their existing Unity Bank home loan balance. Minimum loan amount $10,000. Existing home loan members do not need to add an additional $10,000 to switch to a new fixed loan. Maximum loan period 30 years. Interest rate calculated daily charged monthly. Loan to Value Ratio (LVR), is the ratio of money you borrow compared to the value of the property used as security, as determined by the Bank. Advantage LVR rates are effective till 31/03/2024 and are subject to change. Rates available for new business only.
  • 2 Comparison Rate is calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only. WARNING: These Comparison Rates are 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. Comparison rates for Variable Interest Only loans are based on an initial 5 year Interest only period. Comparison rates for Fixed Interest Only loans are based on an initial Interest Only period equal in length to the fixed period. During an interest only period, your interest only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan. Interest rates are on a per annum basis.