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Home Loan Interest Rates

Effective 1 April 2021

Home Loan - Owner Occupier

Product Payment Type Loan Valuation Ratio Variable Rate Discounted Variable Rate Standard 1 Year Fixed Rate4 3 Years Fixed Rate4 5 Years Fixed Rate4
Interest Rate p.a. Comparison Rate p.a. Interest Rate p.a. Comparison Rate p.a. Interest Rate p.a. Comparison Rate p.a. Interest Rate p.a. Comparison Rate p.a. Interest Rate p.a. Comparison Rate p.a.
Kick Starter Home Loan1 Principal & Interest LVR <70% 2.44% 2.47% 3.61% 3.64% - - - - - -
LVR <80% 2.59% 2.62% 3.76% 3.79% - - - - - -
Health Wealth Happiness Home Loan2 Principal & Interest LVR <70% 2.64% 2.67% 3.61% 3.64% 2.14% 2.63% 2.14% 2.55% 2.89% 2.77%
LVR <80% 2.79% 2.82% 3.76% 3.79% 2.24% 2.78% 2.24% 2.69% 2.99% 2.90%
LVR <90%5 2.94% 2.97% 3.91% 3.94% 2.39% 2.93% 2.39% 2.84% 2.99% 2.99%
Interest Only LVR <70% 3.34% 3.37% 4.36% 4.39% 2.65% 3.31% 2.65% 3.20% 3.35% 3.38%
LVR <80% 3.49% 3.52% 4.51% 4.54% 2.75% 3.46% 2.75% 3.34% 3.45% 3.51%
LVR <90%5 3.64% 3.67% 4.66% 4.69% 2.90% 3.61% 2.90% 3.49% 3.45% 3.60%
Health Wealth Happiness Package2 Principal & Interest LVR <70% 2.49% 2.92% 3.61% 4.01% 1.99% 2.88% 1.99% 2.80% 2.74% 3.01%
LVR <80% 2.64% 3.06% 3.76% 4.15% 2.09% 3.02% 2.09% 2.93% 2.84% 3.14%
LVR <90%5 2.79% 3.21% 3.91% 4.30% 2.24% 3.16% 2.24% 3.07% 2.84% 3.23%
Interest Only LVR <70% 3.19% 3.60% 4.36% 4.74% 2.50% 3.54% 2.50% 3.43% 3.20% 3.60%
LVR <80% 3.34% 3.74% 4.51% 4.88% 2.60% 3.86% 2.60% 3.56% 3.30% 3.73%
LVR <90%5 3.49% 3.89% 4.66% 5.03% 2.75% 3.82% 2.75% 3.70% 3.30% 3.81%

Home Loan - Investor

Product Payment Type Loan Valuation Ratio Variable Rate Discounted Variable Rate Standard 1 Year Fixed Rate4 3 Years Fixed Rate4 5 Years Fixed Rate4
Interest Rate p.a. Comparison Rate p.a. Interest Rate p.a. Comparison Rate p.a. Interest Rate p.a. Comparison Rate p.a. Interest Rate p.a. Comparison Rate p.a. Interest Rate p.a. Comparison Rate p.a.
Wealth Builder Investor Loan3 Principal & Interest LVR <70% 3.04% 3.07% 3.56% 3.59% 2.50% 3.03% 2.50% 2.94% 3.20% 3.14%
LVR <80% 3.29% 3.32% 3.81% 3.84% 2.60% 3.26% 2.60% 3.15% 3.30% 3.33%
LVR <90%5 3.39% 3.42% 3.91% 3.94% 2.70% 3.36% 2.70% 3.25% 3.30% 3.39%
Interest Only LVR <70% 3.29% 3.32% 4.31% 4.34% 2.60% 3.26% 2.60% 3.15% 3.30% 3.33%
LVR <80% 3.54% 3.57% 4.56% 4.59% 2.70% 3.50% 2.70% 3.36% 3.40% 3.52%
LVR <90%5 3.64% 3.67% 4.66% 4.69% 2.80% 3.60% 2.80% 3.46% 3.40% 3.58%
Wealth Builder Investor Package3 Principal & Interest LVR <70% 2.79% 3.21% 3.46% 3.86% 2.35% 3.17% 2.35% 3.10% 3.05% 3.31%
LVR <80% 3.14% 3.55% 3.81% 4.20% 2.45% 3.49% 2.45% 3.38% 3.15% 3.55%
LVR <90%5 3.24% 3.65% 3.91% 4.30% 2.55% 3.59% 2.55% 3.47% 3.15% 3.61%
Interest Only LVR <70% 3.09% 3.51% 4.26% 4.64% 2.45% 3.44% 2.45% 3.34% 3.15% 3.52%
LVR <80% 3.39% 3.79% 4.56% 4.93% 2.55% 3.72% 2.55% 3.58% 3.25% 3.74%
LVR <90%5 3.49% 3.89% 4.66% 5.03% 2.65% 3.81% 2.65% 3.68% 3.25% 3.79%

What is LVR and LMI?
LVR stands for loan-to-value (or sometimes loan-to-valuation) ratio. It’s a percentage figure that is calculated by dividing the loan amount by the value of your property expressed as a percentage. For e.g. if you borrow $150,000 and your property is valued at $400,000, the LVR is 37.5% (150,000 divided by 400,000 multiplied by 100%).

Generally the lower the LVR the lower the risk is to the bank in lending you money. Bank’s consider LVR’s over 80% to be more risky.

Lenders Mortgage Insurance (LMI) will need to be paid by you if you borrow more than 80% of the property’s value. LMI is insurance that the bank takes out to protect the bank against the risk of not recovering the full loan balance should you not meet your loan repayments and your property is sold, and there is a shortfall between what is owed on the loan and what the property sells for. 

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Important information

The interest rates quoted within this schedule apply to owner occupier home loans, investment loans, consumer lending and SMSF lending. The interest rates are effective as at the date of this schedule and apply to new and existing customers as indicated. Australian Unity reserves the right to change interest rates and fees and charges at any time. Normal lending criteria apply. Applications are subject to normal credit approval. Full terms and conditions, standard fees and charges are available from us or by visiting our Terms of Use page. Home loans must be fully secured by real estate property mortgage

  1. Available for new loans only. The rate includes a 1.17% discount off the standard variable rate for the Kickstarter Home Loan. The 1.17% discount for the Kickstarter Home Loan includes a 0.75% conditional product discount and campaign sign on discount of 0.42%. To maintain access to the ongoing discount the repayments for your loan must be debited from an Australian Unity transaction account.
  2. Available for new loans only. Principal & interest loans: The rate includes a 0.86% discount off the standard variable rate for the Health Wealth Happiness Home Loan, 1.01% discount off the standard variable rate for the Health Wealth Happiness Home Loan Package. The 0.86% discount for Health Wealth Happiness Home Loan includes a 0.60% conditional product discount and a campaign sign on discount of 0.26%. The 1.01% discount for Health Wealth Happiness Home Loan Package includes a 0.60% conditional product discount and a campaign sign on discount of 0.41%. To maintain access to the ongoing discount the repayments for your loan must be debited from an Australian Unity transaction or offset account. Interest only loans: The rate includes a 0.92% discount off the standard variable rate for the Health Wealth Happiness Home Loan, 1.07% discount off the standard variable rate for the Health Wealth Happiness Home Loan Package. The 0.92% discount for Health Wealth Happiness Home Loan includes a 0.60% conditional product discount and a campaign sign on discount of 0.32%. The 1.07% discount for Health Wealth Happiness Home Loan Package includes a 0.60% conditional product discount and a campaign sign on discount of 0.47%. To maintain access to the ongoing discount the repayments for your loan must be debited from an Australian Unity transaction or offset account.
  3. Available for new loans only. Principal & interest loans: The rate includes a 0.52% discount off the standard variable rate for the Wealth Builder Investor Loan, 0.67% discount off the standard variable rate for the Wealth Builder Investor Loan Package. The 0.52% discount for Wealth Builder Home Loan includes a 0.30% conditional product discount and a campaign sign on discount of 0.22%. The 0.67% discount for Wealth Builder Investor Loan Package includes a 0.30% conditional product discount and a campaign sign on discount of 0.37% discount. To maintain access to the ongoing product discount the repayments for your loan must be debited from an Australian Unity transaction or offset account. Interest only loans: The rate includes a 1.02% discount off the standard variable rate for the Wealth Builder Investor Loan, 1.17% discount off the standard variable rate for the Wealth Builder Investor Loan Package. The 1.02% discount for Wealth Builder Home Loan includes a 0.30% conditional product discount and a campaign sign on discount of 0.72%. The 1.17% discount for Wealth Builder Investor Loan Package includes a 0.30% conditional product discount and a campaign sign on discount of 0.87% discount. To maintain access to the ongoing product discount the repayments for your loan must be debited from an Australian Unity transaction or offset account.
  4. Interest rate current as at Wednesday 1 April 2021 and subject to change, available for new Australian Unity fixed rate loans only. At the end of the fixed rate period, the interest rate converts to the applicable Standard Variable Rate relevant to your loan purpose and repayment type at that time, less any applicable package discount specified in your Loan Contract. Fixed Rate Home Loans aren’t for everyone and the rate may change at any time prior to the loan being settled. For more information of fixed rate loans click here.
  5. If you’re borrowing more than 80% of the value of the property you will need to pay additional fees called Lenders Mortgage Insurance (LMI)
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 applicable) and Financial Services Guide before acquiring any product.

Fees and Charges Refer to Fees and Charges for information on current fees and charges.