RateCity.com.au
powering smart financial decisions
RateCity.com.au
Unity Bank

First Home Buyer Fixed Rate Special

Interest Rate

2.74

% p.a

Fixed - 1 year

Comparison Rate*

2.41

% p.a

Maximum LVR
85%
Real Time Rating™

4.03

/ 5
Monthly Repayment

$1,382

based on $300,000 loan amount for 25 years at 2.74%

Interest Rate

2.74

% p.a

Fixed - 1 year

Comparison Rate*

2.41

% p.a

Maximum LVR
85%
Real Time Rating™

4.03

/ 5
Monthly Repayment

$1,382

based on $300,000 loan amount for 25 years at 2.74%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,382

based on $300,000 loan amount for 25 years at 2.74%

Quick home loan review

For First Home Buyer 1 Year Fixed Rate Special (Principal and Interest)

These are the benefits of this home loan.

  • Interest rates ranked in the best 20%
  • No ongoing fees

These are the drawbacks of this home loan.

  • Limited extra repayments
  • No redraw and no offset
  • Loan reverts to higher rate after fixed period
  • Higher than average upfront fee
  • No repayment holidays

Home loan overview

For First Home Buyer 1 Year Fixed Rate Special (Principal and Interest)

TMD

Details

Maximum LVR

85%

Total Repayments

Next LVR

Interest rate type

Fixed - 1 year

Borrowing range

Suitable for

Owner Occupiers

Loan term range

1 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Yes - limited to $10000

Redraw facility

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

1,253

Application fee

1,253

Valuation fee

At Cost

Settlement fee

0

Other upfront fee

0

Ongoing fee

$0

Discharge fee

0

Application method

Online

Phone

Broker

In branch

Available
Not available
Data not captured

Target Market Determination

Visit Unity Bank to view Target Market Determination.

Embed

FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $150k to $99,999,999.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 85 percent, which means it requires a minimum deposit of 15 percent

What's the maximum length for this loan?

Unity Bank allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

Unity Bank allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $1,253 worth of upfront fees.

Does this loan come with a redraw facility?

No, this loan doesn't come with a redraw facility.

Where can you apply for this loan?

Unity Bank makes it possible to apply for this product online. Apply here.