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Fixed Rate Loan

Secure a low fixed rate and repayment certainty.

2.14%P.A. Fixed Rate1 3 year fixed rate loan Health Wealth Package
2.69%P.A. Comparison Rate2
$399 Low annual fee
LVR≤70%

Our fixed rate owner occupied home loan gives you the certainty of a fixed interest rate period. The main benefit of a fixed rate home loan is that you lock in your interest rate for a certain period. This means you won’t be affected by interest rate increases and have set repayments during your fixed interest rate period.

Fixed Rate Home Loan Features & Benefits

Make up to $10,000 of additional payments a year (anything above may incur a fee). Early loan payout on a fixed rate loan may result in break costs being charged.1

Your interest rate won't change during the fixed period.

Borrow up to 70% of the value of your property.

One-to-one service - You can ask to speak to the same person every time you call, giving you personal, dedicated customer service.

Save on health insurance – enjoy a loan that’s good for you in more ways than one with up to 10% off Australian Unity Health insurance for new customers.3

Split your loan into fixed and variable rate loans.

Rates and Fees

Principal & interest
From
2.39 %p.a. Discounted variable rate1
 
2.82 %p.a. Comparison rate2
Discounted Variable
2.39% p.a.
2.82% p.a.
Standard Variable
3.76% p.a.
4.15% p.a.
1 year fixed
2.09% p.a.
2.80% p.a.
2 year fixed
2.09% p.a.
2.77% p.a.
3 year fixed
2.24% p.a.
2.79% p.a.
5 year fixed
2.84% p.a.
2.99% p.a.
Interest only
From
3.09 %p.a. Discounted variable rate1
 
3.50 %p.a. Comparison rate2
Discounted Variable
3.09% p.a.
3.50% p.a.
Standard Variable
4.51% p.a.
4.88% p.a.
1 year fixed
2.45% p.a.
3.44% p.a.
2 year fixed
2.45% p.a.
3.39% p.a.
3 year fixed
2.45% p.a.
3.34% p.a.
5 year fixed
3.30% p.a.
3.58% p.a.


View our current rates
$
Fees
$399 Low annual fee
$0 Establishment fee
LVR >80% Fees for Lender’s Mortgage Insurance will apply
FREE Don’t pay ATM fees when you
use any of the Big 4 Banks ATMs

How to apply

Work with a lending specialist

1Get your documents together
This is how you’ll confirm your income, expenses, assets (what you own), and liabilities (what you owe).

2Contact our team
You can reach us on 1300 790 740, or we can call you back.

3Complete the application form we send you
And return it to us by email or post. We’ll assess your loan and if approved…

4Start picking out the furniture


Your lending specialist will work with you from start to finish, so you can move in with confidence.

DIY online

1Get your documents together
This is how you’ll confirm your income, expenses, assets (what you own), and liabilities (what you owe).

2Complete the online application form or the paper based application form
You can save and return to your application at any point.

3Submit your application
You can do this online, via email or in the post.

4Count to three We’ll call you regarding your approval within 3 days.

How we make home loans easier for you

focused on wellbeing

Focused on Wellbeing

We help customers support the health and wellbeing of their family by creating a home loan package that helps them save on health insurance. Find out more.

flexible

Flexible

Our home loans give you the flexibility to change as your life does. Options like applying to see if you can pause your home loan repayments due to a life event or paying using your phone to pay when you forget your wallet.

mutual

Mutual

As a member-owned bank we focus on our customers, members and the community. We focus on your financial wellbeing through personalised service and competitive rates.

experience

Experience

We’ve been helping people with their banking solutions for over 30 years and the Australian Unity Group has been around for over 175 years so we’ll be able to help you with your home loan needs.

Important things to consider when financing your home

When choosing a fixed rate loan with Australian Unity, you need to know that if you decide later to switch your loan or to repay it early, then a fixed rate loan may not be suitable to you as it could incur a Break Cost. You should also consider a variable interest rate loan prior to accepting a fixed rate offer to see what is most suitable for you and your circumstances.

A Break Cost can be very large and may vary in size from day to day. Before making an early repayment (or varying a fixed interest rate) during a fixed rate term, you should ensure that you have an understanding of the likely Break Cost.

To find out more about Break Costs click here.

Chat with us

Whether it’s understanding terminology, you’re looking to apply or you have a question about your account we can help you with all your banking questions.

Speak with us today

Monday to Friday - 8.30am to 5.30pm AEST

Call 1800 288 300

Have us call you within 1 business day

Request a call back

Disclaimer

All credit and deposit products (including loans, credit cards, term deposits and savings accounts) are issued by Australian Unity Bank Limited ABN 30 087 652 079 AFSL/Australian Credit Licence No. 237994. Australian Unity Bank Limited is a fully owned subsidiary of Australian Unity Limited. Fees, charges and lending criteria apply for all loans and credit cards. Please refer to Terms of Use before applying for any product. Normal lending criteria apply. Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you and read the relevant terms and conditions (including Terms of Use), any Product Disclosure Statement (if relevant) and Financial Services Guide before acquiring any product.

For more information about fixed rate loans and break costs click here

Comparison Rate is based on a secured loan $150,000 over a term of 25 years with fortnightly repayments. WARNING: the 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. Comparison rates for variable Interest Only loans are based on an initial 5 year Interest Only period. Comparison rates for fixed Interest Only loans are based on an initial Interest Only period equal to the fixed period. During an interest only period, your interest only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan.

10% discount includes all other retail discounts and is only available when paying by direct debit. This discount is for new customers only and is not available through health insurance brokers or comparators. Not to be used in conjunction with any other offer or discount. Excludes Overseas Visitors Cover. Health insurance is issued by Australian Unity Health Limited ABN 13 078 722 568.

* This information is current as at 20th September 2021 and is subject to change