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- Flexi Home Equity
Flexi Home Equity
- Owner Occupied
- Variable
- 20% min deposit
- P&I
Interest rate p.a.
8.50%
Comparison rate* p.a.
Flexi Home Equity
- Owner Occupied
- Variable
- 20% min deposit
- P&I
Interest rate p.a.
8.50%
Comparison rate* p.a.
Unity Bank Variable Rate Home Loan overview
For Flexi Home Equity Loan (Principal & Interest)
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
80%
Total repayments
Interest rate type
Variable
Borrowing range
$30k - $100m
Suitable for
Line of Credit, 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
Offset account
Split interest facility
Loan portability
Repayment holiday available
Allow guarantors
Available for first home buyers
Other benefits
Fees
Total estimated upfront fees
$200
Application fee
$0
Legal fee
$0
Valuation fee
$0
Settlement fee
$200
Other upfront fee
$0
Ongoing fee
$0
Discharge fee
$300
Pros and Cons
For Flexi Home Equity
Benefits
- No ongoing fees
- Parents can sign as guarantor
Drawbacks
- No redraw and no offset
- Higher than average interest rate
- Higher than average upfront fee
- Discharge fee at end of loan
