The RBA increased the cash rate by 0.25% p.a. on 6 June 2023. We’re reviewing our rates and will have an update soon. Learn more

One simple
low rate
A discount that gets
better and better
Built by
CommBank
Apply
in minutes

A new kind
of home loan that
saves you more.

We believe loyalty should be rewarded. That's why every Unloan gets an additional 0.01% p.a. discount — every single year^.

Future interest rates are for illustration only. Interest rates can change. The discount^ will be applied to the relevant reference rate at the time.

See how much you can save

Everything you need.
Nothing you don't.

A home loan that works harder for you. Minus the fees
and frills you can do without.

Annual rate discount
In year
01
0.01
%
p.a.
Find out more

Application Fees

Banking Fees

Account Fees

Change Fees

Exit Fees

Say no to fees.

Our no fee promise
Redraw

Save interest
and redraw.

How redraw works
Savings calculator

Calculate how
much you could save.

Calculate savings
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  • 6 easy steps.
    And done.

    We've used the latest technology to make your application experience faster and easier.

  • Step one
    Add your property

    Look up your castle, add it, and presto.

  • Step two
    Add your details

    And any other borrowers you're applying with.

  • Step three
    Add your income

    The one time it’s not rude to talk about money.

  • Step four
    Add your expenses

    Food, bills, utilities, you know, life stuff.
    Don’t worry, we’ve made it really easy for you.

  • Step five
    Add your debts

    And any loans or liabilities you may have.
    Big or small, let us know.

  • Step six
    Submit your application

    Verify your identity, with just your face (how cool is that), and upload your income documents.
9:41
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In case you
missed anything.

What is Unloan's relationship to CommBank?

We’re a fully owned division of CommBank. Unloan’s mission is to provide a simple, low-cost home loan that’s easier to get and more rewarding to live with.

As a digital-only home loan, Unloan is available exclusively via this website, and customer support is provided by Unloan’s dedicated lending team.

Am I eligible to apply for an Unloan home loan?

We may be a good match for each other if:

   - You’re refinancing a residential property for up to 80% of its current value

   - You’re 18 and over and have an Australian Drivers Licence or Australian Passport

   - You earn a PAYG or self-employed income

Learn more about our eligibility criteria.

What does the application process look like?

Our application process is completely digital and designed to make your home loan experience easier. You can apply in minutes.

Are there really no fees?

We dislike fees as much as you do! That’s why we don’t charge any application fees, ongoing account fees, or exit fees.

‍

Whether you're buying a home or refinancing to Unloan, the only fees you'll see are the mandatory government fees*. Learn more about government fees here.

*Other third party fees may apply.

How does Unloan's annual discount bump work?

For every year your home loan is active, we’ll increase the discount by another 0.01% p.a.^ No negotiation, no follow ups. You just get an increased discount every year. Automatically.

It’s our way of saying thanks for staying with us.

How does Unloan make sure my data and personal information is safe?

We understand our responsibility to safeguard your privacy, and apply strict security and privacy controls in how we handle your information. To find out how we manage your personal information, please read our Privacy Policy.

Can I offset interest in my Unloan account?

Unloan offers an unlimited redraw facility that lets you access extra repayments you’ve made on your home loan, above your minimum scheduled repayments.

What if I need to get in touch with someone?

We’re available to chat between 8am–8pm (AEDT) on weekdays and 10am–6pm on weekends. Just look for the bubble icon located on the bottom right of your screen to start chatting with our team.

You can also email us at [email protected].

You may also want to check out our FAQs for more answers to common questions.

Calculations are not a loan approval. Applications are subject to credit approval, satisfactory security and minimum deposit requirements. Full terms and conditions will be set out in our loan offer, if an offer is made.

^Rates shown are inclusive of a 0.01% p.a. discount off our reference rate. On each anniversary of your loan’s settlement date, you will receive an additional discount of 0.01% per annum, up to a maximum discount of 0.30% per annum. 

*Comparison rate is calculated on a $150,000 secured loan over a 25 year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.