Homeloans Ultra Plus

Features

Low variable and fixed rates!

The Homeloans Ultra range offers great loan features at low variable rates starting from 3.77%pa (comparison rate 3.93%pa)! For all rates please click here.

$0 application and valuation fees#

Application fee of $199 waived on all new loans. One standard valuation per application valued at up to $300 is provided free of charge.#

Extra repayments and unlimited free redraw

You can make unlimited additional one-off or ongoing repayments to your loan, enabling you to pay off your loan sooner. There is no charge for online redraw should you wish to access your extra repayments.

Flexible repayment options

Repayments can be made on a monthly basis, and on P&I loans you also have the choice of weekly or fortnightly.

Up to 95% LVR

Homeloans Ultra Plus loans are available to 95% LVR including LMI on owner occupied purchases. For LVR limits on other loan purposes please talk to a Homeloans consultant.

Variable, Fixed or Split rate options available

Available at competitive variable and fixed rates, and you can even split your loan: part fixed; part variable.

Principal & Interest or Interest Only

Available as Principal & Interest or Interest Only for up to 5 years (10 years on selected loans). Note that a rate surcharge applies to Interest Only loans.

Interest Rates (Comprehensive rates)

Please see below interest rates tables for loans with Principal & Interest (P&I) repayments and Interest Only (I/O) repayments for various loan sizes, loan purposes and Loan to Valuation Ratios (LVRs).

Homeloans Ultra Plus Variable Rates

Loan sizes $200,000 and above LVR up to 80% LVR 80.01% - 90% LVR over 90%
Owner Occupier, Principal & Interest
(Comparison rate)
3.77%pa
(3.93%pa)
4.15%pa
(4.30%pa)
4.33%pa
(4.48%pa)
Owner Occupier, Interest Only
(Comparison rate)
4.42%pa
(4.57%pa)
N/A
N/A
Investment, Principal & Interest
(Comparison rate)
4.27%pa
(4.42%pa)
4.57%pa
(4.72%pa)
N/A
Investment, Interest Only
(Comparison rate)
4.84%pa
(4.99%pa)
N/A
N/A
Loan sizes below $200,000 LVR up to 80% LVR 80.01% - 90% LVR over 90%
Owner Occupier, Principal & Interest
(Comparison rate)
4.07%pa
(4.23%pa)
4.07%pa
(4.23%pa)
4.27%pa
(4.42%pa)
Owner Occupier, Interest Only
(Comparison rate)
4.62%pa
(4.77%pa)
N/A
N/A
Investment, Principal & Interest
(Comparison rate)
4.49%pa
(4.64%pa)
4.49%pa
(4.64%pa)
N/A
Investment, Interest Only
(Comparison rate)
5.04%pa
(5.19%pa)
N/A
N/A

Homeloans Ultra Plus Fixed Rates

Fixed Rates - Owner Occupier Loans LVR up to 80% LVR 80.01% - 90% LVR over 90%
Repayment Type P&I I/O P&I I/O P&I I/O
1 year fixed rate
(Comparison rate)
4.04%pa
(4.22%pa)
4.59%pa
(4.77%pa)
4.14%pa
(4.23%pa)
N/A
4.29%pa
(4.43%pa)
N/A
2 year fixed rate
(Comparison rate)
4.10%pa
(4.23%pa)
4.65%pa
(4.78%pa)
4.20%pa
(4.25%pa)
N/A
4.35%pa
(4.44%pa)
N/A
3 year fixed rate
(Comparison rate)
4.04%pa
(4.22%pa)
4.59%pa
(4.76%pa)
4.14%pa
(4.24%pa)
N/A
4.29%pa
(4.43%pa)
N/A
4 year fixed rate
(Comparison rate)
4.64%pa
(4.42%pa)
5.19%pa
(4.97%pa)
4.74%pa
(4.45%pa)
N/A
4.89%pa
(4.64%pa)
N/A
5 year fixed rate
(Comparison rate)
4.64%pa
(4.46%pa)
5.19%pa
(5.01%pa)
4.74%pa
(4.50%pa)
N/A
4.89%pa
(4.68%pa)
N/A
Fixed Rates - Investor Loans LVR up to 80% LVR 80.01% - 90% LVR over 90%
Repayment Type P&I I/O P&I I/O P&I I/O
1 year fixed rate
(Comparison rate)
4.46%pa
(4.64%pa)
5.01%pa
(5.19%pa)
4.56%pa
(4.65%pa)
N/A
N/A
N/A
2 year fixed rate
(Comparison rate)
4.52%pa
(4.65%pa)
5.07%pa
(5.19%pa)
4.62%pa
(4.67%pa)
N/A
N/A
N/A
3 year fixed rate
(Comparison rate)
4.46%pa
(4.63%pa)
5.01%pa
(5.18%pa)
4.56%pa
(4.66%pa)
N/A
N/A
N/A
4 year fixed rate
(Comparison rate)
5.06%pa
(4.84%pa)
5.61%pa
(5.39%pa)
5.16%pa
(4.87%pa)
N/A
N/A
N/A
5 year fixed rate
(Comparison rate)
5.06%pa
(4.88%pa)
5.61%pa
(5.43%pa)
5.16%pa
(4.92%pa)
N/A
N/A
N/A
Homeloans Ultra Full Rate 5.07%pa
Comparison Rate 5.10%pa

Rates shown do not apply to all loan sizes, purposes, repayment types, LVRs or loan scenarios. Speak to your Homeloans consultant for more information.

Ready to Get Started?

#Applies to standard loan submissions for new loans only. One standard valuation per application valued at up to $300 is provided free of charge on Ultra Plus, Optima, MoniPower. Application fee of $199 waived on Ultra Plus, Optima, MoniPower and FlexiChoice Prime loans. Settlement fees of $363 waived on FlexiChoice Prime loans. Any non-standard valuations and additional valuations are at the cost of the borrower. Other fees and charges apply.

Interest rates on this site were updated on 15 June 2017. Rates shown apply to new business only and may vary before your loan is settled. Rates shown do not apply to all loan sizes, purposes, repayment types, scenarios or LVRs. Click on the loan name for more information. The comparison rate is calculated on the basis of a loan of $150,000 over a term of 25 years. 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. Terms & conditions, fees, charges and credit criteria apply.