Buying your first home
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If you're a first home buyer, take advantage of our waived Unity Bank establishment, valuation and legal fees.^ We’re also an approved lender under the Australian Government's First Home Guarantee helping eligible first home buyers realise their dream of home ownership. Under the First Home Guarantee, eligible first home buyers can purchase a modest home with a deposit from as little as 5 per cent. If you have any questions, click the button on the right. Alternatively, you can contact us by phone on 1300 36 2000 or email at mail@unitybank.com.au |
First Home Buyer Advantage Plus
Are you looking for your first home? Enjoy all the benefits from our Advantage Plus Home Loan.
- 100% offset account so you can pay your loan off faster
- Express home loan service
- Waived Unity Bank establishment, valuation and legal fees^
Variable Home Loans
Get better rates based on your LVR. Different interest rates will apply according to your LVR plus all the benefits that come with our Advantage Plus Home Loan.
| Principal & Interest | Interest Only | |||
|---|---|---|---|---|
| First Home Buyer Advantage Plus1 | Interest Rate | Comparison Rate | Interest Rate | Comparison Rate |
| Variable rate (LVR of 60% and below) | 4.99% pa | 4.99% pa3 | 4.99% pa | 5.72% pa3 |
| Variable rate (LVR from 60% to 80%) | 5.14% pa | 5.14% pa3 | 5.14% pa | 5.79% pa3 |
| Variable rate (LVR from 80% to 90%) | 5.14% pa | 5.14% pa3 | 5.14% pa | 5.79% pa3 |
| Variable rate (Above 90% LVR) | 5.14% pa | 5.14% pa3 | 5.14% pa | 5.79% pa3 |
| Variable Standard | 6.24% pa | 6.24% pa3 | N/A | N/A |
Fixed Rate Home Loans
Enjoy the certainty of knowing your repayments do not change for a set period with our fixed rates.
| Principal & Interest | Interest Only | |||
|---|---|---|---|---|
| First Home Buyer Advantage Plus2 | Interest Rate | Comparison Rate | Interest Rate | Comparison Rate |
| Fixed rate 1 Year | 5.34% pa | 6.15% pa3 | 5.34% pa | 6.15% pa3 |
| Fixed rate 2 Year | 5.74% pa | 6.14% pa3 | 5.74% pa | 6.14% pa3 |
| Fixed rate 3 Year | 5.99% pa | 6.17% pa3 | 5.99% pa | 6.17% pa3 |
| Fixed rate 5 Year | 6.39% pa | 6.31% pa3 | 6.39% pa | 6.30% pa3 |
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More information to help you on your journey
Home Loan calculators
Play with these calculators to get your estimated repayments, borrowing power and stamp duty costs.
How much can I borrow? How much will my repayments be? How much is stamp duty?
Need help? Get in touch today!
Give us a call Talk to a Loans Specialist
Credit eligibility criteria, terms and conditions, fees and charges apply.
Please note that the First Home Guarantee is not a cash payment or a deposit for your home loan.
^ Other fees and charges may apply and will be specified at the time the loan is approved.
1. Only available for First Home Buyers. Minimum home loan balance $150,000. Not available for top-ups or internal product switches. 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.
2. Only available for First Home Buyers. Minimum home loan balance $150,000. Not available for top-ups or internal product switches. Maximum loan period 30 years. Interest rate calculated daily charged monthly.After fixed period interest rate reverts to First Home Buyer Advantage Plus standard variable rate.
3. 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.
