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Inv UHomeLoan Fixed 5 Years

Customise your mortgage repayments by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

Pros:
  • No ongoing fees
  • Repayments will not change during fixed period
Cons:
  • No extra repayments
  • No redraw and no offset
  • Not available for self-employed borrowers
  • Repayments won't decrease if RBA cuts rates

Details & Fees

Maximum LVR
Maximum LVR
80%
Interest rate structure
Interest rate structure
Fixed - 5 years
Borrowing range
Borrowing range
$100k - $2mCalculate how much you can borrow »
Total repayments
Total repayments
$273,240View repayment schedule »
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
1 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Not Allowed
Redraw facility
Redraw facility
Allows split interest
Allows split interest
Suitable For
Suitable ForInvestors
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly, Weekly
Estimated upfront fees
Estimated upfront fees
$395
Application fee
Application fee$395
Settlement fee
Settlement fee$0
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$0
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee$0
Maximum LVR
Maximum LVR
80%
Interest rate structure
Interest rate structure
Fixed - 5 years
Borrowing range
Borrowing range
$100k - $2mCalculate how much you can borrow »
Total repayments
Total repayments
$273,240View repayment schedule »
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
1 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Not Allowed
Redraw facility
Redraw facility
Allows split interest
Allows split interest
Suitable For
Suitable ForInvestors
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly, Weekly
Estimated upfront fees
Estimated upfront fees
$395
Application fee
Application fee$395
Settlement fee
Settlement fee$0
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$0
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee$0

ubank

Since 2007, UBank has been providing Australians with a wide range of banking products, including home and car loans and savings and transaction accounts. UBank makes applying for a home loan fast and simple with 24 hour a day customer support. UBank is an online-only lender which is backed by NAB.

WHO IS IT FOR?

UBank products are suitable for full-time employees who have a good deposit saved and are looking to buy (or refinance) an established property.

Since UBank is an online bank, most of the interaction with them is electronic. Therefore, you should be comfortable with completing your application and sending through your documentation using online means, rather than visiting a branch. The fact that UBank is a branch-free bank means their overheads are lower, and that rolls down to their products. If avoiding fees and getting the best rate is your highest priority (rather than product features and face to face service) then UBank is a lender worth considering.

SPECIAL OFFER

UBank Value Offer

Enjoy a homeloan with $0 application fee, $0 ongoing fees and redraw facilities available. Min. 20% deposit required.

Frequently asked questions about UBank

Here are a few key questions some of our users have asked with respect to UBank. If you want to know more, you can read our expert review or contact UBank directly.

How is UBank’s customer service?

UBank has won numerous awards, including Money Magazine’s “Best of the Best” award, the BAI Financial Global Product Innovation Award for its refinance mortgage UHomeloan, and the 2012 Australian Lending Award for Best Online Operator. Home loan customers can contact UBank 24 hours a day by calling the customer support hotline (1300 822 630) or by using Skype.

Who owns UBank?

Although UBank offers the perks of a small lender, it is backed by one of the largest lenders in the home loan market, National Australia Bank (NAB).

What is the maximum loan term UBank allows?

UBank home loans allow loan terms of up to 30 years.

How can I make extra repayments with UBank?

UBank home loans do not offer an offset account. However, UBank home loans come with a redraw facility, enabling you to make as many extra repayments as you want, as well as fee-free redraws!

UBank fixed rate owner occupied loans


UBank variable rate owner occupied loans


UBank investor home loans


UBank mortgage repayment calculator

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