Beginner’s Guide to Home Loans

Hot topics

Hot topic #
01

What is loan to value ratio (LVR)?

Learn how loan to value ratio (LVR) affects your borrowing power, interest rates, and deposit requirements. Discover what lenders look for and how to improve your LVR before applying.
Read on
Hot topic #
02

What is equity?

Understand what equity means in a home loan, how it’s calculated, and how to use it to buy, refinance or invest in property.
Read on
Hot topic #
03

What is a discharge fee?

Understand what a mortgage discharge fee is, when it applies, and how it affects your home loan. Learn the costs, timing, and steps involved when closing your loan early or switching lenders.
Read on
What are your options with your home loan if you lose a loved one?
Losing someone is hard, managing your home loan doesn’t have to be. Understand your options, from financial relief to ownership changes with this guide.
Read on
Read on
View answer
View answer
What is rentvesting?
Thinking about rentvesting? Learn how rentvesting works in Australia, including the pros, cons, and what to consider before buying an investment property while renting.
Read on
Read on
View answer
View answer
8 factors about your house that might bring its value down
Learn what can lower your property’s value, from poor street appeal to zoning issues. Discover tips to help protect your home’s worth.
Read on
Read on
View answer
View answer
How your HECS debt affects your home loan
If you used HECS to help fund your university degree, you might be wondering how this type of debt impacts your chances of getting a home loan. Here’s how it works.
Read on
Read on
View answer
View answer
Comparing home loan rates: Things to consider about your future
Understand how to compare home loan rates with confidence. Learn what to consider beyond just the interest rate so you can choose a loan that works for your goals and lifestyle.
Read on
Read on
View answer
View answer
What is compound interest and how does it affect your home loan?
Learn how compound interest works, what it means for your mortgage, and how it can impact your total loan repayments.
Read on
Read on
View answer
View answer

Supporting you every step of the way

Hi there!

How can we help?

We pride ourselves on our service and are available to help 7 days a week.
Chat with us

Everything you want to know

ALL IN ONE PLACE
Buying a home or looking to make the
switch? Let’s undo the jargon and make
home loans simple.
Learn with Unloan

There's plenty more to love

Learn more

Be rewarded

0.30
%
p.a.
Additional loyalty discount in year 30. 

It’s our way of saying thanks for
staying with us.

Say no to fees

Application Fees

Banking Fees

Account Fees

Change Fees

Exit Fees

In certain circumstances LMI premium may apply.

Save on interest, not flexibility

Unlimited free redraw so you can access extra funds anytime.
See all of Unloan's features

Calculations are not a loan approval. Applications are subject to credit approval, satisfactory security and minimum deposit requirements. Full terms and conditions will be set out in our loan offer, if an offer is made.

^ Unloan offers a 0.01% per annum discount on the Unloan Live-In rate or Unloan Invest rate upon settlement. On each anniversary of your loan’s settlement date (or the day prior to the anniversary of your loan’s settlement date if your loan settled on 29th February and it is a leap year) the margin discount will increase by a further 0.01% per annum up to a maximum discount of 0.30% per annum. This discount is applied to each loan that you have with Unloan. If you have multiple loans (e.g. one investor and one live-in loan), they will each have a discount calculated based on when you settled each loan. Unloan may withdraw this discount at any time.

*Comparison rate is calculated on a $150,000 secured loan over a 25 year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.