--- title: "Flex - Variable OO P&I — UBank" description: "Home Loans from UBank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right." canonical: https://www.cdrcompare.au/brands/ubank/products/3 source: "CDR Compare" language: en-AU last_updated: 2026-08-28T04:00:34.2973355Z --- # Flex - Variable OO P&I — UBank > Home Loans from UBank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare. **Home Loans** Offset up to 100% interest on your home loan with multiple ubank accounts and unlimited additional payments (owner occupied, principal and interest loan). ## At a glance - **From (owner occupied):** 6.09% (6.33% comparison) ## Apply Applications are handled by the provider: [Apply at UBank](https://www.ubank.com.au/home-loans/get-started) ## Interest rates | Type | Rate | Comparison | Applies to | | --- | --- | --- | --- | | Variable (Owner occupied with principal and interest repayments. Owner occupied home loans with a loan to value ratio (LVR) of less than or equal to 60% at time of application.) | 6.09% | 6.33% | LVR 0% to 60% | | Variable (Owner occupied with principal and interest repayments. Owner occupied home loans with a loan to value ratio (LVR) of less than or equal to 70% at time of application.) | 6.09% | 6.33% | LVR 60.01% to 70% | | Variable (Owner occupied with principal and interest repayments. Owner occupied home loans with a loan to value ratio (LVR) of less than or equal to 80% at time of application.) | 6.14% | 6.38% | LVR 70.01% to 80% | | Variable (Owner occupied with principal and interest repayments. Owner occupied home loans with a loan to value ratio (LVR) of less than or equal to 85% at time of application.) | 6.69% | 6.92% | LVR 80.01% to 85% | | Variable (Owner occupied with principal and interest repayments. Owner occupied home loans with a loan to value ratio (LVR) of more than 85% and less than or equal to 90% at time of application.) | 6.99% | 7.22% | LVR 85.01% to 90% | ## Fees | Fee | Type | Amount | | --- | --- | --- | | Loan advance fee — To prepare your loan documents and to arrange settlement of the loan. | Upfront | $250.00 | | Valuation fee — First Valuation Fee covered up to $360. Second or further valuations are at cost. | Other | Variable | | Documentation fee — To issue a new set of loan documents if your requirements change. | Event | $100.00 | | Discharge fee — If we discharge a property (security interest) at your request. | Event | $300.00 | | Production fee — If we are required to send a certificate of title to another financial institution. | Event | $110.00 | | Annual fee — Charged yearly · Fee debited every year on the anniversary of the date we first give you the funds. Covers up to 5 Flex home loan accounts. | Ongoing | $250.00 | ## Features - **Digital banking** - **Extra repayments** - **Notifications** — Customers can configure notifications for incoming payments, services disruptions and updates, and account access. (Customers can configure notifications for incoming payments, services disruptions and updates, and account access. ) - **Real-time payments (NPP)** - **Offset account** - **Split loan available, subject to product terms and conditions.** - **Redraw facility** ## Eligibility - **Employment status** — Applicants must be a PAYG employee. (Applicants must be a PAYG employee. ) - **Minimum age** — 18 years - **Individuals only** - **- Max 2 borrowers. - Be applying either individually, or jointly with their spouse or de facto partner that they currently live with or intend to live with after settlement in the same household (You won't be able to apply with a sibling or parent). - Credit criteria, fees and charges apply.** - **Residency status** — Be an Australian or New Zealand citizen, or a permanent resident of Australia. (Be an Australian or New Zealand citizen, or a permanent resident of Australia. ) ## Constraints - **Maximum limit** — $5,000,000.00 - **Maximum LVR** — 8500% - **Minimum limit** — $80,000.00 (Minimum amount per split loan $20,000.00) ## More information from UBank - [Overview](https://www.ubank.com.au/home-loans/flex-variable-rate-home-loans) - [Terms & conditions](https://cms.ubank.com.au/wp-content/uploads/home-loan-terms.pdf) - [Eligibility](https://www.ubank.com.au/home-loans/home-loan-eligibility) - [Fees & pricing](https://www.ubank.com.au/home-loans/interest-rates-and-fees) ## Data provenance - Published by UBank under the Consumer Data Right - Product ID: `3` - Last updated by the provider: 28 August 2026 - Source payload (JSON): https://www.cdrcompare.au/api/raw/ubank/3 - Provider page: https://www.cdrcompare.au/brands/ubank - CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000178 --- Source: [CDR Compare](https://www.cdrcompare.au/brands/ubank/products/3) — product data published by Australian data holders under the Consumer Data Right. 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