UniBank home loan repayment calculator

Thinking about taking out a home loan with UniBank? Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how UniBank home loans compare with other options.

I am an

With a repayment type

Borrow amount

$

Deposit amount %

Loan term

Your estimated mortgage repayments

at interest rate 5.00%

Total interest payable

$0

Total loan repayments

$0

Pros and cons

  • Flexible home loan products.
  • Mobile lenders who come to you.
  • Competitive interest rates.
  • Moderate to high upfront fees and costs.
  • Small branch network.

UniBank home loans rates

Advertised Rate

2.55%

Intro 12 months

Total estimated upfront fees
$930
Comparison Rate*

3.04%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

3.02%

Variable

Total estimated upfront fees
$930
Comparison Rate*

3.06%

Ongoing fee
$300 annually
Go to site
Company
UniBank
More details
Advertised Rate

3.04%

Variable

Total estimated upfront fees
$930
Comparison Rate*

3.08%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

3.07%

Variable

Total estimated upfront fees
$930
Comparison Rate*

3.11%

Ongoing fee
$300 annually
Go to site
Company
UniBank
More details
Advertised Rate

3.17%

Variable

Total estimated upfront fees
$930
Comparison Rate*

3.11%

Ongoing fee
$300 annually
Go to site
Company
UniBank
More details
Advertised Rate

3.22%

Variable

Total estimated upfront fees
$930
Comparison Rate*

3.16%

Ongoing fee
$300 annually
Go to site
Company
UniBank
More details
Advertised Rate

3.19%

Variable

Total estimated upfront fees
$930
Comparison Rate*

3.23%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

2.25%

Fixed - 5 years

Total estimated upfront fees
$930
Comparison Rate*

3.56%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

1.95%

Fixed - 4 years

Total estimated upfront fees
$930
Comparison Rate*

3.61%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

2.55%

Fixed - 5 years

Total estimated upfront fees
$930
Comparison Rate*

3.68%

Ongoing fee
$0
Go to site
Company
UniBank

Winner of Best 5 year investor fixed pi, RateCity Gold Awards 2021

More details
Advertised Rate

2.25%

Fixed - 4 years

Total estimated upfront fees
$930
Comparison Rate*

3.71%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

2.55%

Fixed - 5 years

Total estimated upfront fees
$930
Comparison Rate*

3.71%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

2.25%

Fixed - 4 years

Total estimated upfront fees
$930
Comparison Rate*

3.74%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

2.70%

Fixed - 5 years

Total estimated upfront fees
$930
Comparison Rate*

3.77%

Ongoing fee
$0
Go to site
Company
UniBank

Winner of Best investor interest only loan, RateCity Gold Awards 2021

More details
Advertised Rate

2.40%

Fixed - 4 years

Total estimated upfront fees
$930
Comparison Rate*

3.78%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

2.05%

Fixed - 3 years

Total estimated upfront fees
$930
Comparison Rate*

3.81%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

3.83%

Variable

Total estimated upfront fees
$930
Comparison Rate*

3.87%

Ongoing fee
$300 annually
Go to site
Company
UniBank
More details
Advertised Rate

2.35%

Fixed - 3 years

Total estimated upfront fees
$930
Comparison Rate*

3.89%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

2.35%

Fixed - 3 years

Total estimated upfront fees
$930
Comparison Rate*

3.90%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

2.50%

Fixed - 3 years

Total estimated upfront fees
$930
Comparison Rate*

3.94%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

2.05%

Fixed - 2 years

Total estimated upfront fees
$930
Comparison Rate*

4.00%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

4.28%

Variable

Total estimated upfront fees
$930
Comparison Rate*

4.04%

Ongoing fee
$300 annually
Go to site
Company
UniBank
More details
Advertised Rate

2.35%

Fixed - 2 years

Total estimated upfront fees
$930
Comparison Rate*

4.05%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

2.35%

Fixed - 2 years

Total estimated upfront fees
$930
Comparison Rate*

4.06%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

2.50%

Fixed - 2 years

Total estimated upfront fees
$930
Comparison Rate*

4.08%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

2.05%

Fixed - 1 year

Total estimated upfront fees
$930
Comparison Rate*

4.19%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

2.35%

Fixed - 1 year

Total estimated upfront fees
$930
Comparison Rate*

4.22%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

2.35%

Fixed - 1 year

Total estimated upfront fees
$930
Comparison Rate*

4.22%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

2.50%

Fixed - 1 year

Total estimated upfront fees
$930
Comparison Rate*

4.24%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

4.24%

Variable

Total estimated upfront fees
$930
Comparison Rate*

4.28%

Ongoing fee
$300 annually
Go to site
Company
UniBank
More details
Advertised Rate

4.28%

Variable

Total estimated upfront fees
$930
Comparison Rate*

4.29%

Ongoing fee
$300 annually
Go to site
Company
UniBank
More details
Advertised Rate

4.16%

Variable

Total estimated upfront fees
$0
Comparison Rate*

4.41%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

4.16%

Variable

Total estimated upfront fees
$0
Comparison Rate*

4.41%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

4.37%

Variable

Total estimated upfront fees
$930
Comparison Rate*

4.41%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

4.37%

Variable

Total estimated upfront fees
$930
Comparison Rate*

4.41%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

4.52%

Variable

Total estimated upfront fees
$930
Comparison Rate*

4.47%

Ongoing fee
$0
Go to site
Company
UniBank
More details
Advertised Rate

4.52%

Variable

Total estimated upfront fees
$930
Comparison Rate*

4.47%

Ongoing fee
$0
Go to site
Company
UniBank
More details

UniBank customer service

While there are only a few bricks and mortar branches, UniBank customers can also bank online and use phonebank 24/7. Customers of UniBank also have access to the RediATM network of ATMs across Australia.

  • Customer service call centre (phone)
  • Online banking
  • Email
  • Branch (minimal branch network on the West coast of Australia)
  • Mobile banking staff

How to Apply

Applications can be made online, with the support of a one of UniBank’s home loan specialists. Before applying for a home loan it is advisable to think about how much money you could conceivably borrow given your financial situation and income. You will also need to provide documentation when applying for a home loan. This may include:

  • Personal identification material.
  • Proof of income or employment.
  • Credit history details.

Learn more about home loans

Do the big four banks have guarantor home loans?

Yes, ANZ, Commonwealth Bank, NAB and Westpac all offer guarantor home loans. These mortgages are also offered by many other banks, credit unions and building societies.

How do I apply for a home loan pre-approval from Commonwealth Bank?

To apply for a Commbank home loan pre-approval, you can either call the bank at 13 2224 or meet one of the bank’s lending specialists. You can set up a meeting online if you wish. You’ll need to do some homework before contacting the bank, such as gathering information on the kind of properties you’d like to buy and their prices.

Preparing a financial summary, which lists all your income sources as well as significant expenses, can also help determine how much you can afford to borrow. You may also want to check your credit score before applying for pre-approval.

It’s worth remembering that a CBA home loan pre-approval doesn’t guarantee that you’ll get the loan. Once you get the pre-approval, you’ll have about three to six months to decide on a property and apply for the home loan. The bank will then confirm that the property is suitable for the loan before fully approving it.

Can I get a NAB home loan on casual employment?

While many lenders consider casual employees as high-risk borrowers because of their fluctuating incomes, there are a few specialist lenders, such as NAB, which may provide home loans to individuals employed on a casual basis. A NAB home loan for casual employment is essentially a low doc home loan specifically designed to help casually employed individuals who may be unable to provide standard financial documents. However, since such loans are deemed high risk compared to regular home loans, you could be charged higher rates and receive lower maximum LVRs (Loan to Value Ratio, which is the loan amount you can borrow against the value of the property).

While applying for a home loan as a casual employee, you will likely be asked to demonstrate that you've been working steadily and might need to provide group certificates for the last two years. It is at the lender’s discretion to pick either of the two group certificates and consider that to be your income. If you’ve not had the same job for several years, providing proof of income could be a bit of a challenge for you. In this scenario, some lenders may rely on your year to date (YTD) income, and instead calculate your yearly income from that.

How can I get ANZ home loan pre-approval?

Shopping for a new home is an exciting experience and getting a pre-approval on the loan may give you the peace of mind that you are looking at properties within your budget. 

At the time of applying for the ANZ Bank home loan pre-approval, you will be required to provide proof of employment and income, along with records of your savings and debts.

An ANZ home loan pre-approval time frame is usually up to three months. However, being pre-approved doesn’t necessarily mean you will get your home loan. Other factors could lead to your home loan application being rejected, even with a prior pre-approval. Some factors include the property evaluation not meeting the bank’s criteria or a change in your financial circumstances.

You can make an application for ANZ home loan pre-approval online or call on 1800100641 Mon-Fri 8.00 am to 8.00 pm (AEST).

How long does Bankwest take to approve home loans?

Full approval for a home loan usually involves a property valuation, which, Bankwest suggests, can take “a week or two”. As a result, getting your home loan approved may take longer. However, you may get full approval within this time if you applied for and received conditional approval, sometimes called a pre-approval, from Bankwest before finalising the home you want to buy.  

Another way of speeding up approvals can be by completing, signing, and submitting your home loan application digitally. Essentially, you give the bank or your mortgage broker a copy of your home’s sale contract and then complete the rest of the steps online. Bankwest has claimed this cuts the approval time to less than four days, although this may only happen if your income and credit history can be verified easily, or if your home’s valuation doesn’t take time.

Can I apply for an ANZ non-resident home loan? 

You may be eligible to apply for an ANZ non-resident home loan only if you meet the following two conditions:

  1. You hold a Temporary Skill Shortage (TSS) visa or its predecessor, the Temporary Skilled Work (subclass 457) visa.
  2. Your job is included in the Australian government’s Medium and Long Term Strategic Skills List. 

However, non-resident home loan applications may need Foreign Investment Review Board (FIRB) approval in addition to meeting ANZ’s Mortgage Credit Requirements. Also, they may not be eligible for loans that require paying for Lender’s Mortgage Insurance (LMI). As a result, you may not be able to borrow more than 80 per cent of your home’s value. However, you can apply as a co-borrower with your spouse if they are a citizen of either Australia or New Zealand, or are a permanent resident.

Are bad credit home loans dangerous?

Bad credit home loans can be dangerous if the borrower signs up for a loan they’ll struggle to repay. This might occur if the borrower takes out a mortgage at the limit of their financial capacity, especially if they have some combination of a low income, an insecure job and poor savings habits.

Bad credit home loans can also be dangerous if the borrower buys a home in a stagnant or falling market – because if the home has to be sold, they might be left with ‘negative equity’ (where the home is worth less than the mortgage).

That said, bad credit home loans can work out well if the borrower is able to repay the mortgage – for example, if they borrow conservatively, have a decent income, a secure job and good savings habits. Another good sign is if the borrower buys a property in a market that is likely to rise over the long term.

Who offers 40 year mortgages?

Home loans spanning 40 years are offered by select lenders, though the loan period is much longer than a standard 30-year home loan. You're more likely to find a maximum of 35 years, such as is the case with Teacher’s Mutual Bank

Currently, 40 year home loan lenders in Australia include AlphaBeta Money, BCU, G&C Mutual Bank, Pepper, and Sydney Mutual Bank.

Even though these lengthier loans 35 to 40 year loans do exist on the market, they are not overwhelmingly popular, as the extra interest you pay compared to a 30-year loan can be over $100,000 or more.

How can I get a home loan with bad credit?

If you want to get a home loan with bad credit, you need to convince a lender that your problems are behind you and that you will, indeed, be able to repay a mortgage.

One step you might want to take is to visit a mortgage broker who specialises in bad credit home loans (also known as ‘non-conforming home loans’ or ‘sub-prime home loans’). An experienced broker will know which lenders to approach, and how to plead your case with each of them.

Two points to bear in mind are:

  • Many home loan lenders don’t provide bad credit mortgages
  • Each lender has its own policies, and therefore favours different things

If you’d prefer to directly approach the lender yourself, you’re more likely to find success with smaller non-bank lenders that specialise in bad credit home loans (as opposed to bigger banks that prefer ‘vanilla’ mortgages). That’s because these smaller lenders are more likely to treat you as a unique individual rather than judge you according to a one-size-fits-all policy.

Lenders try to minimise their risk, so if you want to get a home loan with bad credit, you need to do everything you can to convince lenders that you’re safer than your credit history might suggest. If possible, provide paperwork that shows:

  • You have a secure job
  • You have a steady income
  • You’ve been reducing your debts
  • You’ve been increasing your savings

What is a debt service ratio?

A method of gauging a borrower’s home loan serviceability (ability to afford home loan repayments), the debt service ratio (DSR) is the fraction of an applicant’s income that will need to go towards paying back a loan. The DSR is typically expressed as a percentage, and lenders may decline loans to borrowers with too high a DSR (often over 30 per cent).

Does Australia have no-deposit home loans?

Australia no longer has no-deposit home loans – or 100 per cent home loans as they’re also known – because they’re regarded as too risky.

However, some lenders allow some borrowers to take out mortgages with a 5 per cent deposit.

Another option is to source a deposit from elsewhere – either by using a parental guarantee or by drawing out equity from another property.

Can I change jobs while I am applying for a home loan?

Whether you’re a new borrower or you’re refinancing your home loan, many lenders require you to be in a permanent job with the same employer for at least 6 months before applying for a home loan. Different lenders have different requirements. 

If your work situation changes for any reason while you’re applying for a mortgage, this could reduce your chances of successfully completing the process. Contacting the lender as soon as you know your employment situation is changing may allow you to work something out. 

What are the responsibilities of a mortgage broker?

Mortgage brokers act as the go-between for borrowers looking for a home loan and the lenders offering the loan. They offer personalised advice to help borrowers choose the right home loan for their needs.

In Australia, mortgage brokers are required by law to carry an Australian Credit License (ACL) if they offer credit assistance services. Which is the legal term for guidance regarding the different kinds of credit offered by lenders, including home loan mortgages. They may not need this license if they are working for an aggregator, for instance, as a franchisee. In both these situations, they need to comply with the regulations laid down by the Australian Securities and Investments Commission (ASIC).

These regulations, which are stipulated by Australian legislation, require mortgage brokers to comply with what are called “responsible lending” and “best interest” obligations. Responsible lending obligations mean brokers have to suggest “suitable” home loans. This means loans that you can easily qualify for,  actually meet your needs, and don’t prove unnecessarily challenging for you.

Starting 1 January 2021, mortgage brokers must comply with best interest obligations in addition to responsible lending obligations. These require mortgage brokers to act in the best interest of their customers and also requires them to prioritise their customers’ interests over their own. For instance, a mortgage broker may not recommend a lender who gives them a commission if that lender’s home loan offer does not benefit that particular customer.

What are the pros and cons of no-deposit home loans?

It’s no longer possible to get a no-deposit home loan in Australia. In some circumstances, you might be able to take out a mortgage with a 5 per cent deposit – but before you do so, it’s important to weigh up the pros and cons.

The big advantage of borrowing 95 per cent (also known as a 95 per cent home loan) is that you get to buy your property sooner. That may be particularly important if you plan to purchase in a rising market, where prices are increasing faster than you can accumulate savings.

But 95 per cent home loans also have disadvantages. First, the 95 per cent home loan market is relatively small, so you’ll have fewer options to choose from. Second, you’ll probably have to pay LMI (lender’s mortgage insurance). Third, you’ll probably be charged a higher interest rate. Fourth, the more you borrow, the more you’ll ultimately have to pay in interest. Fifth, if your property declines in value, your mortgage might end up being worth more than your home.

Remaining loan term

The length of time it will take to pay off your current home loan, based on the currently-entered mortgage balance, monthly repayment and interest rate.