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- First Home Buyer Advantage Plus Standard Home Loan (Principal and Interest)
First Home Buyer Advantage Plus Standard
- Owner Occupied
- Variable
- 10% min deposit
- P&I
Interest rate p.a.
7.34%
Comparison rate* p.a.
7.34%
First Home Buyer Advantage Plus Standard
- Owner Occupied
- Variable
- 10% min deposit
- P&I
Interest rate p.a.
7.34%
Comparison rate* p.a.
7.34%
Calculate your repayments for this loan
$
Your estimated repayment
$3,441
based on 500000 loan amount for 25 years at 7.34%
Monthly Repayment
$3,441
Total interest
$738,924
Total payments
$1,238,924
Start date
05-2024
End date
05-2049
$1,238,924
025 years
Principal owed
Total repayments owed
Interest owed
Pros and Cons
For First Home Buyer Advantage Plus Standard
Benefits
- No upfront or ongoing fees
- 100% full offset account
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- Higher than average interest rate
- Discharge fee at end of loan
Unity Bank Variable Rate Home Loan overview
For First Home Buyer Advantage Plus Standard Home Loan (Principal and Interest)
Details
Maximum LVR
90%
Total repayments
$1,238,924
Interest rate type
Variable
Borrowing range
$150k - $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 Unity Bank Limited 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
$0
Application fee
$0
Legal fee
$0
Valuation fee
$0
Settlement fee
$0
Other upfront fee
$0
Ongoing fee
$0
Discharge fee
$300
