OnlineNeat - OO Variable P&I
Owner-occupierVariableP&IRedrawExtra repayments
Interest
6.09%p.a.
Comparison*
6.13%p.a.
Monthly repayment
$3,027
LVR 70–80%
UBank Home Loan Rates
Online
Active products
23
Lowest variable
6.09%
Lowest fixed
6.49%
Lowest comparison
6.13%
Last updated
28 July 2026
ubank is NAB's digital-only home-loan brand, fully online with no branches. Following its 2022 absorption of 86 400, ubank's variable home loan is one of the more aggressively priced in the digital tier, with clean variable rates, an offset add-on, and a fast app-driven application flow targeted at refinancers.
What is the lowest UBank home loan rate?
The lowest UBank variable home loan rate Ratesniffers tracks is 6.09% p.a., and the lowest fixed rate is 6.49% p.a. These figures come from the 23 UBank products on this page, ranked by comparison rate, refreshed daily (last updated 28 July 2026).
How many home loan products does UBank offer?
Ratesniffers currently tracks 23 UBank home loan products across variable, fixed and interest-only options for owner-occupiers and investors. Every rate is ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest products sit at the top.
UBank home loan rates at a glance
| Product type | Rate | Comparison rate | Max LVR |
|---|---|---|---|
| Variable Owner-occupier P&I | 6.09% p.a. | 6.13% p.a. | 90% |
| Variable Owner-occupier P&I | 6.09% p.a. | 6.13% p.a. | 90% |
| Variable Investor P&I | 6.19% p.a. | 6.23% p.a. | 90% |
| Variable Investor P&I | 6.19% p.a. | 6.23% p.a. | 90% |
| Variable Investor interest-only | 6.40% p.a. | 6.44% p.a. | 80% |
| Variable Owner-occupier interest-only | 6.40% p.a. | 6.44% p.a. | 80% |
| Variable Investor interest-only | 6.40% p.a. | 6.44% p.a. | 80% |
| Fixed 1-year Owner-occupier P&I | 6.49% p.a. | 6.53% p.a. | 90% |
| Fixed 2-year Owner-occupier P&I | 6.54% p.a. | 6.58% p.a. | 90% |
| Fixed 1-year Investor P&I | 6.54% p.a. | 6.58% p.a. | 100% |
| Fixed 3-year Owner-occupier P&I | 6.59% p.a. | 6.63% p.a. | 90% |
| Fixed 1-year Owner-occupier interest-only | 6.59% p.a. | 6.63% p.a. | 100% |
23 UBank home loan products
OnlineOnlineFlex - Variable OO P&I
Owner-occupierVariableP&IOffsetRedrawExtra repayments
Interest
6.09%p.a.
Comparison*
6.13%p.a.
Monthly repayment
$3,027
LVR 70–80%
OnlineNeat - INV Variable P&I
InvestorVariableP&IRedrawExtra repayments
Interest
6.19%p.a.
Comparison*
6.23%p.a.
Monthly repayment
$3,059
LVR 70–80%
OnlineFlex - Variable INV P&I
InvestorVariableP&IOffsetRedrawExtra repayments
Interest
6.19%p.a.
Comparison*
6.23%p.a.
Monthly repayment
$3,059
LVR 70–80%
OnlineNeat - INV Variable IO
InvestorVariableInterest onlyRedrawExtra repayments
Interest
6.40%p.a.
Comparison*
6.44%p.a.
Monthly repayment
$3,128
LVR 70–80%
OnlineFlex - Variable OO IO
Owner-occupierVariableInterest onlyOffsetRedrawExtra repayments
Interest
6.40%p.a.
Comparison*
6.44%p.a.
Monthly repayment
$3,128
LVR 70–80%
OnlineFlex - Variable INV IO
InvestorVariableInterest onlyOffsetRedrawExtra repayments
Interest
6.40%p.a.
Comparison*
6.44%p.a.
Monthly repayment
$3,128
LVR 70–80%
OnlineFlex - Fixed OO P&I
Owner-occupier1y FixedP&IRedrawExtra repayments
Interest
6.49%p.a.
Comparison*
6.53%p.a.
Monthly repayment
$3,157
LVR ≤80%
OnlineFlex - Fixed OO P&I
Owner-occupier2y FixedP&IRedrawExtra repayments
Interest
6.54%p.a.
Comparison*
6.58%p.a.
Monthly repayment
$3,174
LVR ≤80%
OnlineFlex - Fixed INV P&I
Investor1y FixedP&IRedrawExtra repayments
Interest
6.54%p.a.
Comparison*
6.58%p.a.
Monthly repayment
$3,174
LVR 80–85%
OnlineFlex - Fixed OO P&I
Owner-occupier3y FixedP&IRedrawExtra repayments
Interest
6.59%p.a.
Comparison*
6.63%p.a.
Monthly repayment
$3,190
LVR ≤80%
OnlineFlex - Fixed OO IO
Owner-occupier1y FixedInterest onlyRedrawExtra repayments
Interest
6.59%p.a.
Comparison*
6.63%p.a.
Monthly repayment
$3,190
LVR —
OnlineFlex - Fixed OO IO
Owner-occupier2y FixedInterest onlyRedrawExtra repayments
Interest
6.59%p.a.
Comparison*
6.63%p.a.
Monthly repayment
$3,190
LVR —
OnlineFlex - Fixed INV P&I
Investor2y FixedP&IRedrawExtra repayments
Interest
6.59%p.a.
Comparison*
6.63%p.a.
Monthly repayment
$3,190
LVR 80–85%
OnlineFlex - Fixed INV IO
Investor1y FixedInterest onlyRedrawExtra repayments
Interest
6.64%p.a.
Comparison*
6.68%p.a.
Monthly repayment
$3,207
LVR —
OnlineFlex - Fixed INV IO
Investor2y FixedInterest onlyRedrawExtra repayments
Interest
6.64%p.a.
Comparison*
6.68%p.a.
Monthly repayment
$3,207
LVR —
OnlineFlex - Fixed OO IO
Owner-occupier3y FixedInterest onlyRedrawExtra repayments
Interest
6.64%p.a.
Comparison*
6.68%p.a.
Monthly repayment
$3,207
LVR —
OnlineFlex - Fixed INV P&I
Investor3y FixedP&IRedrawExtra repayments
Interest
6.64%p.a.
Comparison*
6.68%p.a.
Monthly repayment
$3,207
LVR 80–85%
OnlineFlex - Fixed INV IO
Investor3y FixedInterest onlyRedrawExtra repayments
Interest
6.69%p.a.
Comparison*
6.73%p.a.
Monthly repayment
$3,223
LVR —
OnlineFlex - Fixed OO P&I
Owner-occupier5y FixedP&IRedrawExtra repayments
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Monthly repayment
$3,240
LVR ≤80%
OnlineFlex - Fixed OO IO
Owner-occupier5y FixedInterest onlyRedrawExtra repayments
Interest
6.79%p.a.
Comparison*
6.83%p.a.
Monthly repayment
$3,256
LVR —
OnlineFlex - Fixed INV P&I
Investor5y FixedP&IRedrawExtra repayments
Interest
6.79%p.a.
Comparison*
6.83%p.a.
Monthly repayment
$3,256
LVR 80–85%
OnlineFlex - Fixed INV IO
Investor5y FixedInterest onlyRedrawExtra repayments
Interest
6.84%p.a.
Comparison*
6.88%p.a.
Monthly repayment
$3,273
LVR —
Negotiate UBank rates with a broker
Advertised rates aren't always the rate UBank actually approves. Our broker negotiates against your specific scenario, no fee.
Who is UBank?
Ubank is a digital-only banking division of National Australia Bank, launched on 1 October 2008 to serve branchless, self-directed customers under NAB's own banking licence. In 2021 NAB acquired the neobank 86 400 for $220 million, folding its technology and visual identity into Ubank through 2022 and retiring the 86 400 brand.
Ubank passed 1 million customers in November 2025, up from around 610,000 before the 86 400 merger, according to NAB's own reporting. Its home loan range waives lenders mortgage insurance for both owner-occupier and investor borrowers with a deposit as low as 10% on a purchase or 15% equity on a refinance, an exception to the usual 20% deposit LMI threshold most lenders apply.
Who suits a UBank home loan?
Ubank tends to suit borrowers comfortable managing everything through an app with no branch network, particularly younger buyers stretching for a smaller deposit who want to avoid lenders mortgage insurance. Its LMI waiver is worth comparing directly against the table above, especially for owner-occupier borrowers near the 90% LVR mark.
Background facts checked 21 July 2026. Rates above refresh independently.
UBank home loans: frequently asked questions
What is the lowest UBank home loan rate?
UBank's lowest variable home loan rate is currently 6.09% p.a., and its lowest fixed rate is 6.49% p.a., based on the 23 UBank products Ratesniffers ranks by comparison rate, refreshed daily (last updated 28 July 2026). The advertised rate isn't always the rate UBank approves, a broker can often negotiate a sharper deal on your scenario.
How does UBank's home loan rate compare to the market?
UBank's lowest variable home loan rate today is 6.09% p.a., which is in line with the market median of 6.09% p.a. today. This is computed daily from the live rates across the lenders Ratesniffers tracks, so it reflects where UBank sits right now rather than a fixed snapshot.
How many home loan products does UBank offer?
Ratesniffers currently tracks 23 UBank home loan products across variable, fixed and interest-only options for owner-occupiers and investors. Every rate is refreshed daily and ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest loans sit at the top.
Is UBank competitive for refinancing?
It depends on your loan size and LVR. UBank's lowest comparison rate is currently 6.13% p.a., worth checking against the wider market before you switch. On a $500,000 loan, even a 0.30% p.a. difference is about $100 a month, so comparing UBank against the sharpest available rate usually pays off.
How often are UBank's home loan rates updated?
Ratesniffers refreshes UBank's home loan rates daily; this page was last updated 28 July 2026. Rates can change whenever UBank reprices or the RBA moves the cash rate, so the figures shown reflect the most recent data we hold rather than a static snapshot.
UBank rates by borrower and loan type
The same UBank panel, filtered to the scenario you're actually shopping for.
- UBank owner-occupier ratesP&I and offset-eligible products, ranked sharpest-first.
- UBank investor ratesInvestment lending, interest-only where offered.
- UBank refinance ratesRefinance-eligible products versus your current rate.
- UBank first home buyer ratesFHB-eligible products, Home Guarantee where supported.
- UBank fixed rates1 to 5-year terms where available.
- UBank variable ratesFlexible repayments, offset-compatible products.
- UBank interest-only ratesIO terms, mostly investor products.
- UBank offset loans100% offset-account-eligible products.
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