Australian Unity Home Loans

Rates and Fees verified correct on December 5th, 2016

Compare home loans from an organisation with years of experience.

Australian Unity is an organisation with a history that dates back over 170 years. It provides financial, healthcare and retirement living services to around 600,000 customers and more than 320,000 members across Australia.

Australian Unity boasts more than 1,800 employees across New South Wales, Queensland, Victoria and South Australia.

Australian Unity Kick Starter Home Loan

Australian Unity Kick Starter Home Loan

3 .79 % p.a.

variable rate

3 .82 % p.a.

comparison rate

Australian Unity Home Loan Offer

With the Australian Unity Kick Starter Home Loan with no ongoing fees and get 10% off Australian Unity Health Insurance.

  • Interest Rate of 3.79% p.a.
  • Comparison Rate of 3.82% p.a.
  • Application Fee of $600
  • Maximum LVR: 80%
  • Minimum Borrowing: $200,000
  • Maximum Borrowing: $1,000,000

Compare Australian Unity Home Loans

Rates last updated December 5th, 2016.

Australian Unity Kick Starter Home Loan

Interest rate now 3.79%

August 15th, 2016

Australian Unity Health, Wealth and Happiness Package - (Owner Occupier)

Interest rate dropped by 0.01% p.a.

August 15th, 2016

Australian Unity Wealth Builder Investor Package Home Loan - Variable

Comparative rate decreases by 0.45% | Interest rate decreases by 0.45%

August 15th, 2016

View latest updates

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Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment
Australian Unity Kick Starter Home Loan
$0 ongoing service fees, maximum 80% LVR and a linked transaction account.
3.79% 3.82% $600 $0 p.a. 80% Go to site More info
Australian Unity Health, Wealth and Happiness Package - (Owner Occupier)
Get a 0.60% discount on your rate, a 100% offset account and no ongoing fees.
3.99% 4.02% $600 $0 p.a. 90% Go to site More info
Australian Unity Wealth Builder Investor Package Home Loan - Variable
An investment loan with no ongoing fees and borrow up to 90% LVR.
4.19% 4.22% $600 $0 p.a. 90% Go to site More info
3.84% 3.99% $600 $0 p.a. 90% More info
3.99% 4.02% $600 $0 p.a. 90% More info
Australian Unity Wealth Builder Investor Package Home Loan - 3 Years Fixed Rate
An investment loan with no ongoing fees and borrow up to 90% LVR.
4.10% 4.20% $600 $0 p.a. 90% More info
Australian Unity Health, Wealth and Happiness Fixed Rate Package - 5 Year Fixed Rate (Owner Occupier)
Make extra repayments and enjoy a redraw facility with this 5 year fixed rate.
4.40% 4.19% $600 $0 p.a. 90% More info
Australian Unity Wealth Builder Investor Package Home Loan - 5 Years Fixed Rate
An investment loan with no ongoing fees and borrow up to 90% LVR.
4.65% 4.41% $600 $0 p.a. 90% More info
Australian Unity Variable Home Loan - $200K to $499K
A competitive rate with redraw facility plus $0 ongoing service fee.
4.73% 4.75% $600 $0 p.a. 80% More info
Australian Unity Variable Home Loan - $500K+
Variable home loan with $0 ongoing fee service fee with the maximum LVR of 80%.
4.63% 4.65% $600 $0 p.a. 80% More info
Australian Unity Wealth Builder Investor Package Home Loan - 1 Year Fixed Rate
An investment loan with no ongoing fees and borrow up to 90% LVR.
4.25% 4.23% $600 $0 p.a. 90% More info

What does Australian Unity do?

Australian Unity offers homes loans for new homes and for investment purposes. In addition, you can also apply for an Australian Unity home loan if you wish to refinance an existing home loan or to consolidate your debts. Depending on how much you want to borrow, they have different options from which to choose, and in all instances you get more than enough repayment flexibility.

When you apply for an Australian Unity home loan you can look forward to competitive interest rates, and if you’re borrowing more than $500,000 you can expect an even better rate. Another benefit is that you won’t be charged application fees, valuation fees, and monthly account-keeping fees. Account access for all these loans comes through online banking, phone banking, ATM, EFTPOS and BPAY.

Home loans provided by Australian Unity

Standard Variable Home Loan

This variable rate home loan offered by Australian Unity does not attract any annual fee, but you have to pay a loan establishment fee of $600. You can use funds from this loan to buy a home you wish to occupy or for investment purposes, as well as for loan refinancing or debt consolidation.

This loan gives you the option to make unlimited extra repayments without charging any penalty. It also enables you to redraw money you’ve paid in the form of extra repayments through an unlimited redraw facility. Make repayments weekly, fortnightly, or monthly, as per your convenience. The available loan term is up to 30 years.

Health, Wealth and Happiness Package

With this package you have the option of either a variable or fixed rate home loan with great discounts off the interest rates. Include either the Australian Unity Cash Rewards or Classic Low Rate Credit Card and a transaction account and pay no annual fees.

This package also includes 10% discount off Australian Unity Health Insurance and $100 credit if you purchase home and contents insurance with Allianz though Australian Unity. As the name says its taking care of your health, wealth and happiness with a great range of savings.

Pros and cons of an Australian Unity home loan

Pros

  • Competitive interest rate. While all Australian Unity loans offer competitive interest rates, if you use direct debit to pay your loan you are able to access further discounts.
  • Unlimited extra repayments. You can make any number of extra repayments at any time during the course of the loan without worrying about paying any kind of a penalty. This enables you to pay your loan off sooner and in doing so you can save money in the form of interest.
  • Unlimited redraws. Australian Unity loans give you the ability to redraw money you pay in the form of extra repayments. This service does not attract any fee, it does not come with any limitations, and you can access funds 24-hours after lodgement. Access to this money comes through a direct debit card, ATMs, EFTPOS merchants, online banking as well as phone banking.
  • Great package options. With their Health, Wealth and Happiness Package you get discounts off the already competitive interest rates. You can also package in a fee free transaction account, no annual fee credit card as well as 10% discount off Australian Unity Health Insurance and $100 Allianz home and contents insurance credit.

Cons

  • No physical locations. You can get in touch with an Australian Unity representative over the phone or online, but certain potential customers see the lack of physical branches as a drawback.
  • Application fee. All Australian Unity Home Loans come with a $600 establishment fee.

How to apply for an Australian Unity home loan

To initiate an application for an Australian Unity home loan you need to have the following documents and information ready:

Documents needed to apply for an Australian Unity home loan

Personal information

To apply for any of these loans you have to provide documents that prove your identity, and you might have to submit copies of the following:

  • Your Australian driver’s license
  • Your Australian passport
  • Your Medicare card

Property information

You also have to submit information about the home you wish to purchase, which can include copies of the following:

  • Transfer of land certificate
  • Certificate of title
  • Contract of sale

Financial information

Australian Unity goes through your financial information to establish your ability to borrow and make timely repayments. As a result, keep the following handy during the application process.

  • A list of all your assets and liabilities
  • Details of your annual income from all sources
  • Details of your monthly expenditure
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This page was last modified on 1 September 2016 at 13:19.

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2 Responses to Australian Unity Home Loans

  1. Default Gravatar
    Lara | September 4, 2014

    Hi there,
    I currently have 3 home loans with WBC.

    Can I change from Westpac to unity and how much are transfer costs? Thanks

    Lara

    • Staff
      Shirley | September 5, 2014

      Hi Lara,

      Thanks for your question.

      Australian Unity home loans are available for refinance. Transfer costs will actually depend on the specific loan that you choose.

      If you’d like, you can use the switching costs calculator on this page to help give an indication.

      For information about eligibility, I’d recommend that you get in touch with Australia Unity directly.

      Cheers,
      Shirley

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