UBank's lowest ever 3-year fixed home loan rate is further reduced for a limited time.

UBank has lowered its three-year fixed home loan rate for owner occupiers paying principal and interest to 1.75 per cent (comparison rate 2.22 per cent) per annum, available for applications until 29 April 2021. This limited time offer is our lowest ever advertised interest rate.

We’ve also reduced all other fixed rates between 0.15 and 0.35 per cent per annum as follows:

Changes to UHomeLoan fixed rates Reduction (p.a.) New rate (p.a.) Comparison rate* (p.a.)
1 Year (Owner Occupied P&I) -0.15% 1.99% 2.33%
1 Year (Owner Occupied Interest Only) -0.15% 2.14% 2.35%
3 Year (Owner Occupied P&I)* -0.20% 1.75% 2.22%
3 Year (Owner Occupied Interest Only) -0.20% 2.09% 2.30%
5 Year (Owner Occupied P&I) -0.35% 2.24% 2.33%
5 Year (Owner Occupied Interest Only) -0.35% 2.39% 2.38%
1 Year (Investor P&I) -0.15% 2.14% 2.71%
1 Year (Investor Interest Only) -0.15% 2.29% 2.72%
3 Year (Investor P&I) -0.20% 2.09% 2.60%
3 Year (Investor Interest Only) -0.20% 2.24% 2.64%
5 Year (Investor P&I) -0.25% 2.49% 2.67%
5 Year (Investor Interest Only) -0.25% 2.64% 2.73%

* Denotes limited period in market – offer valid for applications received between 22 Jan-26 Feb 2021. Home loan must settle within 3 months after submitting the application to be eligible.

All new UBank fixed rate home loan customers, including those in the process of applying for or settling a new fixed rate UHomeLoan will benefit from the reduced rates.

What do I need to do to secure the limited time offer of 1.75% p.a. (comparison rate 2.22% p.a.) on a 3-year Fixed Owner Occupier Principal & Interest rate?

Customers need to have completed their application in full by Thursday 29th April 2021 and if approved, need to have settled the loan within 90 days after submitting the application.


Important information

UBank is a division of National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686.

Credit is provided by AFSH Nominees Pty Ltd Australian Credit Licence 391192. UBank is the mortgage manager for UHomeLoan products. Terms and conditions, credit criteria, fees and charges, govt charges may apply and are available on application.

* The comparison rate is based on a secured loan of $150,000 over a term of 25 years. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.