Switch and save with our Neat variable home loan

Owner occupied P&I loans up to 60% LVR

1See Comparison rate warning for important info

From

6.09%p.a.

Comparison rate1

6.11%p.a.

Our home loans

Get ahead with the right home loan

Loan type
  • Neat variable

    A low variable rate home loan with no ongoing annual fees. Great if you don’t need an offset account.

    Variable rates from
    6.09% p.a.
    Owner occupiedP&Iup to 60% LVR
    6.11% p.a.
    Comparison rate1

    Your repayments

    $3,249.07 per month

    Based on a $500,000 principal and interest (P&I) loan over 25 years

    What’s in it for you

    • No annual fee

    • Make and redraw additional payments at no extra cost

  • Flex variable

    Offset up to 100% interest on your home loan with multiple ubank accounts and unlimited additional payments.

    Variable rates from
    6.14% p.a.
    Owner occupiedP&Iup to 60% LVR
    6.38% p.a.
    Comparison rate1

    Your repayments

    $3,264.43 per month

    Based on a $500,000 principal and interest (P&I) loan over 25 years

    What’s in it for you

    • 100% interest offset across multiple Spend, Bills and Save accounts

    • Make and redraw additional payments at no extra cost

  • Flex fixed

    Lock in your interest rate for 1, 2, 3 or 5 years and be certain of what your home loan repayments will be.

    6.74% p.a.
    Owner occupiedP&Iup to 60% LVR
    6.44% p.a.
    Comparison rate1

    Your repayments

    $3,451.40 per month

    Based on a $500,000 principal and interest (P&I) loan over 25 years

    What’s in it for you

    • Lock in a rate for up to 5 years

    • Make and redraw additional payments up to $20K during your fixed term at no extra cost

Are you new to home loans? We’ve made it easy to learn the home loan lingo.

Home loan eligibility

Let’s see if we’re a good match

You can have a max of 2 applicants. To be eligible, each applicant needs to:

  • be 18 years old or over

  • be an Australian or New Zealand citizen, or a permanent resident of Australia

  • live in Australia

  • be employed on a permanent, casual or contract basis (we don’t lend to self-employed individuals)

  • have a good credit rating (don’t worry, we’ll run the report for you)

  • be listed on the property title

  • be applying jointly with their spouse or de facto partner that they currently live with or intend to live with after settlement in the same household (you won’t be able to apply with a sibling or parent).

What’s in it for you

  • Award icon
    We’re award-winning

    Don’t just take our word, our home loan awards speak for themselves

  • No annual fee

    Our Neat variable home loan comes with no annual fee

  • Stop watch icon
    Get a decision fast

    Don’t miss out on making an offer with our speedy pre-approvals

  • Talk with a real person

    Get help from a friendly member of our Australian-based team

Ready to apply?

Apply online for a loan

Get a loan without stepping a foot out of home

How much can I borrow?

How much can I borrow?

Our borrowing power calculator will estimate how much you could borrow and what your loan repayments will be so you can figure out if our ubank home loans suits you. Just input your income and expenses and we’ll do the rest.

Important: The estimated amount you could potentially borrow is a guide only. This calculator doesn’t take into account your individual circumstances. The interest rate applied is the current interest rate for a ubank home loan with principal and interest payments and varies depending on the product you have selected. This calculator assumes principal and interest repayments. Rates and repayments are indicative only and subject to change. If you proceed with a home loan application we’ll ask you to provide further details of your income and expenses. If you want to know more, check out ‘Additional calculator information’ below. Refer to ‘Lets pass the mic to our lawyer’ for important information on our Comparison rates.

Apply for a ubank home loan today

Products issued by ubank, part of National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686 (unless otherwise stated). This information is general and doesn't take your personal situation into account. Please take the time to make sure it's right for you.