Following the RBA decision to increase the official cash rate by 0.5% on 7 June 2022, we will be increasing our interest rates by 0.5% per annum on 22 June 2022.

Undo

your

home

loan

One simple low rate.

A discount that gets
better and better.

Apply in minutes.

Built by CommBank.

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The first home loan with an increasing discount.

With Unloan, you don't just start with a low variable rate — you also receive an extra 0.01% p.a. discount, every single year^.

Future interest rates are for illustration only and assume the reference rate will not change for the life of your loan, which is unlikely to be the case. Interest rates can change – the discount^ will be applied to the relevant reference rate at the time.

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

Get a rate discount. Every. Single. Year.

How the discount works

Application Fees

Banking Fees

Account Fees

Change Fees

Exit Fees

Say no to fees.

Our no fee promise

Built by Australia's leading bank.

About CommBank
Hi there. How are your rates so low?
We're a digital home loan. This allows us to pass more value back to you.
Nice. How can I switch to Unloan?
Tap the 'Refinance Now' button to get started. If you have any questions, I'm here to help.
👍 All done!

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Redraw

Save interest and redraw

How redraw works
Flexibility

When life changes, we'll change with you.

Making loan changes

Easy to apply

Apply in as little as 10 minutes.

How it works

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Unloan

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In case you missed anything.

Are there really no fees?

That's right, there are no fees from Unloan. We dislike fees as much as you do! However, there are some mandatory Government costs (approximately $260-$440 depending on your State) when switching your home loan. For your convenience, we add this amount to your loan balance on settlement.

What documents do I need to apply?

Most customers only need paperwork to verify their income. Usually everything else in the application can be done digitally. Acceptable Documents

Can I manage Unloan from my CommBank App?

Unloan's home loans can only be managed via the Unloan app. Unloan home loans are not available in the CommBank app, branches or call centres.

What if I need to get in touch with someone?

SMS us on +61 488 844 877 or email us at hello@unloan.com.au anytime. An Unloan lending specialist will get back to you as soon as possible.

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.

^Unloan offers a 0.01% per annum discount on the Unloan Live-In rate or Unloan Invest rate upon settlement. On each anniversary of your loan’s settlement date (or the day prior to the anniversary of your loan’s settlement date if your loan settled on 29th February and it is a leap year) the margin discount will increase by a further 0.01% per annum up to a maximum discount of 0.30% per annum. Unloan may withdraw this discount at any time.

*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.