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- Neat Home Loan
Neat Home Loan
- Special
- Owner Occupied
- Variable
- 40% min deposit
- P&I
Special
Get a home loan with low variable rates and no annual fee.
Interest rate p.a.
6.14%
Comparison rate* p.a.
6.16%
Neat Home Loan
- Special
- Owner Occupied
- Variable
- 40% min deposit
- P&I
Interest rate p.a.
6.14%
Comparison rate* p.a.
6.16%
ubank Variable Rate Home Loan overview
For Neat Variable Home Loan (Principal and Interest) (LVR < 60%)
Principal & Interest (P&I)
Loan type
Loan to value ratio
Interest rate
Comparison rate
Interest only
Loan type
Loan to value ratio
Interest rate
Comparison rate
Details
Maximum LVR
60%
Total repayments
Interest rate type
Variable
Borrowing range
$80k - $100m
Suitable for
Owner Occupiers
Loan term range
1 - 30 years
Repayment type
Principal and Interest
Applicable states
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Repayment options
Fortnightly, Monthly, Weekly
Target Market Determination
Visit ubank to view Target Market Determination.
Features
Extra repayments
Unlimited
Redraw facility
Redraw fee: $0
Offset account
Split interest facility
Loan portability
Repayment holiday available
Allow guarantors
Available for first home buyers
Other benefits
Fees
Total estimated upfront fees
$250
Application fee
$250
Legal fee
$0
Valuation fee
$0
Settlement fee
$0
Other upfront fee
$0
Ongoing fee
$0
Discharge fee
$300
RateCity says
"A straightforward home loan with a low variable rate, unlimited extra repayments with redraw, and no ongoing fees."
Pros and Cons
For Neat Home Loan
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Extra repayments and redraw facility
- Free redraw facility
Drawbacks
- No offset account
- Higher than average upfront fee
- Discharge fee at end of loan
- Maximum loan amount is limited to 60% of the property's value
- No repayment holidays
