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- Your Way Plus Variable Home Loan
Your Way Plus Variable Home Loan
- Special
- Owner Occupied
- Variable
- 40% min deposit
- P&I
0.05% discount for Essential Worker
0.05% discount for Essential Worker. For Variable rate only
Interest rate p.a.
6.49%
Comparison rate* p.a.
6.79%
Your Way Plus Variable Home Loan
- Special
- Owner Occupied
- Variable
- 40% min deposit
- P&I
Interest rate p.a.
6.49%
Comparison rate* p.a.
6.79%
UniBank Variable Rate Home Loan overview
For Your Way Plus Variable Home Loan (Principal & 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
$150k - $1m
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
Refer to the Package Terms and Conditions for Eligibility Criteria and other product benefits. 5bps discount on variable interest rates are available for essential workers subject to eligibility. Up to 10% discount on home and contents insurance (Allianz Insurance) Personal Loan application fee waived. All products are originated on relevant LVR tiers based on the LVR of the home loan at the time of origination. Fixed Rate loans will roll to the equivalent Variable rate LVR tier of the LVR at origination. Movement between the LVR tiers are subject to switching rules.
Fees
Total estimated upfront fees
$500
Application fee
$0
Legal fee
$0
Valuation fee
$0
Settlement fee
$250
Other upfront fee
$250
Ongoing fee
$300
Discharge fee
$210
Pros and Cons
For Your Way Plus Variable Home Loan
Benefits
- Interest rates ranked in the best 20%
- 100% full offset account
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- Ongoing fee
- Higher than average upfront fee
- Discharge fee at end of loan
- Maximum loan amount is limited to 60% of the property's value
