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Unity Bank · Home loan · Variable

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Australian Government 5% Deposit Scheme

As of 18 September 2026, the Unity Bank Australian Government 5% Deposit Scheme's variable owner-occupier P&I variant has a comparison rate of 5.95% (5.90% advertised), ranking 4th of 107 variable owner-occupier P&I loans and sitting 0.81 points below the market average of 6.76%.

5.95%comparison rate p.a.

5.90% advertised · Variable · P&I · Owner-occupier

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Rate over time

Comparison rate · Variable · P&I · Owner-occupier
  • Australian Government 5% Deposit Scheme · Variable · P&I · Owner-occupier
  • RBA cash rate
  • Market average
4.005.006.007.00Today5.95% p.a. today

Changes

No changes recorded for this product since tracking began on 12 September 2026.

Rates by variant

Comparison rate · advertised rate
Variable · P&I · Owner-occupier
5.95% comparison · 5.90% advertised

Fees

Application fee
$200
Ongoing fee
None
Discharge fee
$300
Redraw fee
None

Features

Offset account
Yes
Redraw
Yes
Extra repayments
Yes
Portable
No
Repayment holiday
No

Eligibility

First home buyers only
Yes

About this product

Our home loan for first home buyers with government assistance.

Compare all home loans