Interest rate changes 25 May 2016

Interest rate changes 25 May 2016

The interest rate applicable on some of UniBank’s fixed rate home loans has been decreased, effective on Wednesday 25 May 2016.

Our 3 year fixed home loan rate has been reduced to only 3.74% p.a. (Comparison rate 4.88% p.a.^).

Our 4 year and 5 year fixed rates have also been reduced;

• 4 year fixed rate is now 3.99% p.a. (Comparison rate 4.85% p.a.^)
• 5 year fixed rate is now 3.99% p.a. (Comparison rate 4.77% p.a.^)

These changes support our commitment to providing a competitive range of financial options to the tertiary education sector, and ensure we remain a genuine alternative to the larger banks in the home loan market.

^{^}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. The comparison rate quoted is based on $150,000 for a term of 25 years. Rates apply to secured loans only.