Commbank’s Unloan boasts one of lowest interest rates around
Digital lender Unloan offers market leading interest rates as other lenders pass on rate rises in full
Home loan interest rates have been rising as the Reserve Bank of Australia (RBA) increases the national cash rate to fight inflation.
Since May, rates have increased by 2.25% thanks to 5 consecutive rate hikes. That means that if you had a variable home loan rate of 1.70% in April (the lowest available on Finder that month) your rate would now be 3.95%.
Considering that the average home loan in Australia is $609,785, that's an increase of $987 in your monthly repayments.
As lenders look set to continue increasing their home loan interest rates in line with the RBA, it's more important than ever that you're on the best rate possible.
While a lot of rates are now well above the 4% mark, there are still some lenders out there that are supporting borrowers with more competitive rates.
Unloan, an online lender backed by Commonwealth Bank, still has owner occupier interest rates from 3.14%.
Boasting "one, simple, low cost interest rate", Unloan was launched by Commonwealth to provide a rewarding digital lender backed by a trusted brand.
Even as other lenders match their interest rate hikes to that of the RBA, Unloan is taking a more considered approach. Off the back of the September cash rate decision, Unloan is increasing its rate by 0.40% - 10 basis points below other lenders. This increase will see the Unloan rate remain below the rates that other lenders were offering before the RBA change.
Not only is Unloan offering these incredibly low rates, it provides further support for customers through discounted rates. For every year a borrower is with Unloan, their interest rate reduces by 0.01%p.a. for up to 30 years.
Compare Unloan home loans for December 2025
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