Up home loans

Up has fixed and variable rate loans with rates from 6.2%.

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Up Home Loan

Key takeaways

  • Up is a digital bank that launched in 2018 through a partnership between Bendigo Bank and software development company Ferocia.
  • Up's variable rate and comparison rate is the same because it doesn't charge the fees that can push comparison rates higher.
  • The bank offers fixed and variable rate loans which are consistent across the board - there are no sneaky offers for special customers.
  • If you bank with Up, all of your bank accounts will act as free offset accounts, meaning your savings can save you interest.

Compare Up home loans for November 2026

$
years
5 of 12 results
Checked 6 November 2026
Finder Score Interest Rate p.a. Comparison Rate p.a. Fees Features Monthly Payment
Finder score
9.8 Excellent
Interest Rate
6.35%
Comparison Rate
6.35%
Fees
  • Application: $0
  • Ongoing: $0 p.a.
Principal & Interest10% min. equityInvestmentOffset accountLMI
Monthly Payment
$3,115
per month
Go to siteView details
Compare product selection
Up Home Loan logo
Finder score
9.6 Excellent
Up Home Buy Variable Rate
Finder Award
Finder score
9.6 Excellent
Interest Rate
6.20%
Comparison Rate
6.20%
Fees
  • Application: $0
  • Ongoing: $0 p.a.
Principal & Interest10% min. equityOwner-occupierOffset accountLMI
Monthly Payment
$3,066
per month
Go to siteView details
Compare product selection
Up Home Loan logo
Finder score
9.3 Excellent
Up Home Loan Fixed Rate
Finder score
9.3 Excellent
Interest Rate
6.55%
Comparison Rate
6.30%
Fees
  • Application: $0
  • Ongoing: $0 p.a.
Principal & Interest 3Y Fixed10% min. equityOwner-occupierOffset accountLMI
Monthly Payment
$3,180
per month
View details
Compare product selection
Up Home Loan logo
Finder score
9.3 Excellent
Up Home Loan Fixed Rate
Finder score
9.3 Excellent
Interest Rate
6.70%
Comparison Rate
6.45%
Fees
  • Application: $0
  • Ongoing: $0 p.a.
Principal & Interest 3Y Fixed10% min. equityInvestmentOffset accountLMI
Monthly Payment
$3,230
per month
View details
Compare product selection
Up Home Loan logo
Finder score
9.1 Excellent
Up Home Loan Fixed Rate
Finder score
9.1 Excellent
Interest Rate
6.80%
Comparison Rate
6.52%
Fees
  • Application: $0
  • Ongoing: $0 p.a.
Principal & Interest 4Y Fixed10% min. equityInvestmentOffset accountLMI
Monthly Payment
$3,263
per month
View details
Compare product selection
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Finder Awards badge

Congratulations, Up!

Up was a big winner in the 2026 Finder Awards.

  • Highly Commended, Best Owner Occupier P&I Variable Home Loan: Up Home Loan Variable Rate
  • Highly Commended, Best Refinance Variable Home Loan: Up Home Loan Variable Rate
  • Winner, Best Variable Home Loan with Offset: Up Home Loan Variable Rate
  • Highly Commended, Best Owner Occupier 1 year Fixed Home Loan: Up Home Loan Fixed Rate - 1 Year
  • Highly Commended, Best Value Home Loan: Up Home Loan Variable Rate
  • Winner, Best First Home Buyer Home Loan: Up Home Loan Variable Rate

Full list of 2026 home loans winners

Up home loan features

Here are the key features and details you need to know about Up Home:

FeatureDetails
EligibilityUp Home is currently available for owner-occupiers, including new home buyers and refinancers. Your property needs to be located in a capital city or major regional centre.
Offset accountsYou can have up to 50 free offset accounts. If you bank with Up already, your transaction account and savings account can act as offset accounts so that you save money on the interest you pay.
FeesThere are no application or setup fees, no monthly or annual bank fees, no redraw fees and no discharge fees. Up also pays towards valuation costs.
Repayment optionsUp Home allows you to make unlimited additional repayments on its loans.

How do I apply for a mortgage from Up Bank?

When applying for any home loan, you will need various documents to establish your identity, your financial situation, employment status and details about the property.

Eligibility

The following information is general in nature and applies to most home loans. There may be specific criteria that apply for this lender.

  • Age. You must be over 18 years of age.
  • Residency. You should be a resident of Australia.
  • Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with Up Bank you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

📄 Property details. You can start a loan enquiry before you've bought a property. But to complete an application you need the address of the property and a signed contract of sale.

📄 Identification documents. You will need identification such as a driver's licence, passport or birth certificate.

📄 Proof of income documents. Recent payslips can establish your income.

📄 Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

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Lenders like Up

If you're looking for a similar lender to Up to service your home loan, you could look at other online lenders such as:

  • Ubank. An online bank backed by NAB.
  • Athena. This digital fintech lender offers low-rate mortgages and an entirely online service.
  • Nano Home Loans. Nano is an online lender with low rates and a fast approval process, currently only available to refinancers.
  • Tiimely Home. This lender's online application tool can process your mortgage application fast. Backed by the Bendigo and Adelaide Bank.
  • ING. This online bank is part of the global Dutch-based financial group of the same name.
  • Homestar. A 100% online lender, Homestar has been providing mortgages to Australian borrowers since 2004.
  • Loans.com.au. A Brisbane-based online lender, Loans.com.au is backed by Firstmac, Australia's largest non-bank lender.

What is Finder Score?

The Finder Score crunches 7,000 home loans across 120+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.

To provide a Score, we compare like-for-like loans. So if you're comparing the best home loans for cashback, you can see how each home loan stacks up against other home loans with the same borrower type, rate type and repayment type. We also take into consideration the amount of cashback offered when calculating the Score so you can tell if it's really worth it.

Read the full breakdown

Compare other products from Up Bank

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Editor, Money
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Rebecca Pike is Finder’s money editor, with over 7 years of experience in mortgages and personal finance. A frequent TV and radio commentator, she frequently appears on Sunrise and 7News, Today and 9News, as well as Sky News, Channel 10 and across radio and print. Rebecca previously served as Editor of Mortgage Professional Australia. She has a Master’s degree in Journalism as well as ASIC-recognised certifications in Tier 1 Generic Knowledge and Tier 2 General Advice Deposit Products, which comply with ASIC guidelines. See full bio

Rebecca's expertise
Rebecca has written 253 Finder guides across topics including:
  • Home loans
  • Personal Loans
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  • Cost of living
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