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 Flexible repayment options at no extra cost* Free redraw available on variable rate loans only Ability to split loan Apply Now Talk to a loans specialist From 6.24% pa1  Owner Occupied P&I Variable rate for LVR below 60%     6.31% pa3  Comparison rate From 6.79% pa2  Owner Occupied P&I Fixed rate 3 Years     8.14% pa3  Comparison rate Useful Links Downloadable Application Form Target Market Determination (TMD) Need answers? Check out our FAQs Repayment Holiday Request a Home Loans Key Facts Sheet Free Home Valuation Service: Get your RP Property Data Report  Learn more about the benefits of our home loans Choose the best home loan for you Read our guide to buying a home All displayed interest rates for Owner Occupied loans only. Investment rates available by clicking here

Advantage Features Minimum Amount $10,000  Maximum Amount 95% of the property value Loan period Up to 30 years Repayments Monthly, fortnightly, weekly Interest charges Calculated daily, charged monthly 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

Credit eligibility criteria, terms and conditions, fees and charges apply. All information including interest rate is subject to change.
* Unlimited extra repayments are available on variable rate loans only and extra repayments of up to $10,000 per year are available on fixed rate loans.
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 31/12/2023 and are subject to change. Rates available for new business only.
2. 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. After fixed period interest rate reverts to Advantage 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.