*This is our current Standard Variable Rate for Owner Occupier Principal and Interest loans including the relevant discount offer. Conditions apply.
When you look at them side by side, our variable home loan interest rate and the comparison rate are exactly the same.
That’s because we don’t have any ongoing fees or sign-up costs associated with our variable home loans. One of the many benefits of being a digital bank with no physical branches (and costly overheads) means we get to pass those savings directly on to you.
Comparison rates can reveal a lot about what to expect from your home loan, but they don’t always give you the whole picture. Use them as a guide, but factor in your own personal circumstances, budget and ambition when deciding where you borrow your money from.
Note: UBank Fixed Rates (1, 3 and 5 years) do have a differentiated comparison rate. This reflects the fact that a one-off fee applies to fix your rate, and after your fixed rate period ends, a different interest rate will apply (a variable rate).