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- Your Way Basic/Discount Variable Home Loan (Principal and Interest) (LVR < 80%)
Your Way Basic Variable Home Loan
- Owner Occupied
- Variable
- 20% min deposit
- P&I
Interest rate p.a.
6.24%
Comparison rate* p.a.
6.30%
Your Way Basic Variable Home Loan
- Owner Occupied
- Variable
- 20% min deposit
- P&I
Interest rate p.a.
6.24%
Comparison rate* p.a.
6.30%
Calculate your repayments for this loan
$
Your estimated repayment
$3,075
based on 500000 loan amount for 25 years at 6.24%
Monthly Repayment
$3,075
Total interest
$607,121
Total payments
$1,107,121
Start date
05-2024
End date
05-2049
$1,107,121
025 years
Principal owed
Total repayments owed
Interest owed
Pros and Cons
For Your Way Basic Variable Home Loan
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- No offset account
- Higher than average upfront fee
- Discharge fee at end of loan
UniBank Variable Rate Home Loan overview
For Your Way Basic/Discount Variable Home Loan (Principal and Interest) (LVR < 80%)
Details
Maximum LVR
80%
Total repayments
$1,107,121
Interest rate type
Variable
Borrowing range
$150k - $5m
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 UniBank 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
$1.1k
Application fee
$600
Legal fee
$0
Valuation fee
$0
Settlement fee
$250
Other upfront fee
$250
Ongoing fee
$0
Discharge fee
$210
Other Restrictions
LVR > 95% Only Available for First Home Loan Deposit Scheme
