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Home loans made simple

Hot topics

Hot topic #
01

What is a redraw facility?

A redraw facility gives you access to additional repayments that you’ve made, over and above the minimum monthly repayments.
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Hot topic #
02

What is your borrowing power?

Borrowing power is how much a lender is willing to loan you based on several factors.
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Hot topic #
03

What happens when your fixed rate ends?

As your fixed-rate ends, you can explore new fixed rates, renegotiate, or refinance with other banks and lenders.
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Buying a home

What is a conditional pre-approval?
A conditional pre-approval is an estimate from the lender, indicating what you might be able to borrow.
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Conditional vs Unconditional approval
Knowing the nuances between conditional and unconditional home loan approval is vital in your home buying journey.
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Five unexpected costs with owning a home
Some unexpected costs of owning a home include maintenance, breakages and repairs, renovations, remodelling and property taxes.
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7 tips for bidding at an auction
When preparing for an auction, here are some tips to help you secure your dream home.
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Buying a Home Part One
Whether you're a first-time buyer or looking to invest, here are three things to consider when buying a home.
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Buying a Home Part Two
Whether you're a first-time buyer or looking to invest, here are three things to consider when buying a home.
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Switching to Unloan

Does Unloan offer fixed rate loans?
At Unloan, we offer one simple low variable rate that gets better and better, every year.
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Are cashbacks worth it?
When exploring a cash back offer, you should consider long-term costs versus immediate benefits.
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How can I apply as a CommBank customer?
Unloan is built by Australia's leading bank, CommBank. You can apply via our website
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How do I make additional repayments?
Additional repayments can be an effective way to reduce your interest over time and pay off your loan faster.
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Can I increase my home loan repayments?
When it comes to increasing your home loan repayments, it generally depends on your repayment type.
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Can Unloan refinance multiple properties?
You can refinance multiple properties to Unloan as long as the total of the loans doesn’t exceed ten million dollars.
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Beginner's guide to home loans

What does refinancing mean?
It’s when you replace your existing mortgage with a new one. Wave goodbye to your old loan terms and switch to a new home loan.
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What is a principal and interest home loan repayment?
It involves paying both the loan's principal and the interest in a home loan repayment.
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What is a variable rate home loan?
It contains an interest rate that changes throughout the term of the loan, depending on a number of different factors.
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What is LVR?
LVR is the amount of money borrowed in proportion to the value of the property being purchased or refinanced.
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What is a discharge fee?
A discharge fee is required when you pay off your mortgage or switch lenders.
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What is stamp duty?
Stamp duty is a general tax imposed by the state government on the purchase or transfer of almost any real estate.
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Buying a home, looking to make the switch or applying for a home loan? Let’s undo the jargon and make home loans simple
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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. This discount is applied to each loan that you have with Unloan. If you have multiple loans (e.g. one investor and one live-in loan), they will each have a discount calculated based on when you settled each loan. 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.