Flex variable home loan
Why our Flex variable home loan
What's a Flex variable home loan?
Whether you’re buying or refinancing, our Flex variable home loan gives you options. Get 100% interest offset across multiple Spend, Bills and Save accounts and make as many additional payments as you want at no charge. For the perfect balance of flexibility and security, you can split your Flex variable home loan with our Flex fixed home loan.
Interest rates
Our Flex variable home loan rates
The lower your LVR, the lower your rate.
VariablePrincipal and interest (P&I)
| Loan to value ratio (LVR) | Interest rate p.a. | Comparison rate p.a.1 |
|---|---|---|
Up to 60% | 6.09% | 6.33% |
Up to 70% | 6.14% | 6.38% |
Up to 80% | 6.14% | 6.38% |
Up to 85% | 6.64% | 6.88% |
Flex standard variable rate Standard base rate referenced in our loan contracts | 8.15% | 8.37% |
VariableInterest only (IO)
| Loan to value ratio (LVR) | Interest rate p.a. | Comparison rate p.a.1 |
|---|---|---|
Up to 60% | 6.54% | 6.51% |
Up to 70% | 6.64% | 6.58% |
Up to 80% | 6.64% | 6.58% |
Flex Standard Variable Interest Only Rate Standard base rate referenced in our loan contracts | 8.75% | 8.64% |
Fees
Here's what you'll pay
These are the fees you’ll pay with our Flex variable home loan. Depending on how you use your loan, you may have to pay other fees and charges.
| Fees | Charges |
|---|---|
Loan advance fee To prepare your loan documents and arrange settlement of the loan. | $250 |
Valuation fee We’ll cover the first valuation up to $360. | Free up to $360 |
Annual fee To manage accounts and any changes across up to 5 Flex split loans. | $250 per year |
Discharge fee To discharge your property at your request. | $300 per property |
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Compare our home loans
See how this loan compares
Neat variable Take it back to basics with no annual fee and low variable rates | Flex variable Pay off your loan faster with 100% interest offset on your linked ubank accounts | Flex fixed Lock in your rate for up to 5 years and budget with confidence | |
|---|---|---|---|
Redraw Take back any additional payments at no extra cost | up to $20K during fixed term | ||
Additional payments Pay back more than your minimum repayments for free | up to $20K during fixed term | ||
Split option You can split your loan with a fixed rate and a variable rate | |||
Offset account(s) Reduce the amount of interest you pay each month with multiple offset accounts | |||
Annual fee To manage accounts and any changes across up to 5 Flex split loans | $0 | $250 p.a. | $250 p.a. |
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