--- title: "Flex - Fixed OO IO — 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/6 source: "CDR Compare" language: en-AU last_updated: 2026-08-29T02:00:34.0133102Z --- # Flex - Fixed OO IO — 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** 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, interest only loan). ## At a glance - **From (owner occupied):** 6.59% (6.38% 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 | | --- | --- | --- | --- | | Fixed · 1 year (Owner occupied with interest only repayments. Comparison rate is based on loan to value ratio (LVR) of equal to or less than 60% for P&I variable rate after fixed rate period ends.) | 6.59% | 6.38% | 1 year fixed interest only | | Fixed · 2 years (Owner occupied with interest only repayments. Comparison rate is based on loan to value ratio (LVR) of equal to or less than 60% for P&I variable rate after fixed rate period ends.) | 6.59% | 6.42% | 2 year fixed interest only | | Fixed · 3 years (Owner occupied with interest only repayments. Comparison rate is based on loan to value ratio (LVR) of equal to or less than 60% for P&I variable rate after fixed rate period ends.) | 6.64% | 6.47% | 3 year fixed interest only | | Fixed · 5 years (Owner occupied with interest only repayments. Comparison rate is based on loan to value ratio (LVR) of equal to or less than 60% for P&I variable rate after fixed rate period ends.) | 6.79% | 6.61% | 5 year fixed interest only | ## 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. | Other | Variable | | 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** (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** — 8000% - **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-fixed-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: `6` - Last updated by the provider: 29 August 2026 - Source payload (JSON): https://www.cdrcompare.au/api/raw/ubank/6 - 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/6) — product data published by Australian data holders under the Consumer Data Right. 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