Flex - Fixed OO P&I
Lock in your interest rate for 1, 2, 3, or 5 years and be certain of what your home loan repayments will be (owner occupied, principal and interest loan).
- From (owner occupied)
- 6.49%
- 6.37% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 1 year Owner occupied with principal and interest repayments. Comparison rate is based on loan to value ratio (LVR) of equal to or less than 60% for variable rate after fixed rate period ends. | 6.49% | 6.37% | 0–0.8% |
| Fixed · 2 years Owner occupied with principal and interest repayments. Comparison rate is based on loan to value ratio (LVR) of equal to or less than 60% for variable rate after fixed rate period ends. | 6.54% | 6.42% | 0–0.8% |
| Fixed · 3 years Owner occupied with principal and interest repayments. Comparison rate is based on loan to value ratio (LVR) of equal to or less than 60% for variable rate after fixed rate period ends. | 6.59% | 6.47% | 0–0.8% |
| Fixed · 1 year Owner occupied with principal and interest repayments. Comparison rate is based on loan to value ratio (LVR) of 85% for variable revert rate after fixed rate period ends. | 6.74% | 6.93% |
Fees
| Fee | Type | Amount |
|---|---|---|
| Loan advance fee To prepare your loan documents and to arrange settlement of the loan. | Upfront | $250.00 |
| Rate lock fee To lock in the maximum annual percentage rate for 90 days from the application date. | Event | $500.00 |
| 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. Charged per security. | Event | $300.00 |
| Production fee If we are required to send a certificate of title to another financial institution. | Event | $110.00 |
| Break costs Break costs may be applicable. |
Features
- Digital banking
- Extra repayments
- Up to $20,000 in additional repayments is allowed during the fixed rate term before you may incur a break cost fee.
- 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)
- Split loan available, subject to product terms and conditions.
- Redraw facility
- Up to $20,000 redraw allowed without incurring break costs.
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 — $80,000.00Minimum amount per split loan $20,000.00
More Information
Published by UBank under the Consumer Data Right · Last updated 16 July 2026 · Product ID 5 · View on CDR.gov.au