UBank
Neat - INV Variable P&I
A low variable rate home loan with no ongoing annual fees. Great if you don't need an offset account (investment, principal and interest loan).
Home loansBank updated 23 Sept 2026
At a glance
- Variable (investor P&I)
- 6.19%
- Max LVR
- 80%
- Features
- redraw, extra repayments
§ 01 — Rates · 5
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableInvestment with principal and interest repayments. Investment home loan with a loan to value ratio (LVR) of less than or equal to 60% at time of application. | Investment · P&I | — | ≤60% LVR | 6.19% | 6.21% | — |
| VariableInvestment with principal and interest repayments. Investment home loans with a loan to value ratio (LVR) or less than or equal to 70% at time of application. | Investment · P&I | — | 60–70% LVR | 6.24% | 6.26% | — |
| VariableInvestment with principal and interest repayments. Investment home loans with a loan to value ratio (LVR) or less than or equal to 80% at time of application. | Investment · P&I | — | 70–80% LVR | 6.29% | 6.31% | — |
| VariableInvestment with principal and interest repayments. Investment home loans with a loan to value ratio (LVR) of less than or equal to 85% at time of application. | Investment · P&I | — | 80–85% LVR | 7.04% | 7.06% | — |
| VariableInvestment with principal and interest repayments. Investment home loans with a loan to value ratio (LVR) of less than or equal to 90% at time of application. | Investment · P&I | — | 85–90% LVR | 7.14% | 7.16% | — |
§ 02 — Fees · 6
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Discharge Fee | Event | $300 | — | If we discharge a property (security interest) at your request. Charged per security. |
| Documentation Fee | Event | $100 | — | To issue a new set of loan documents if your requirements change. |
| Production Fee | Event | $110 | — | If we are required to send a certificate of title to another financial institution. |
| Switch fee | Event | $100 | — | If a Neat home loan is switched to a Flex home loan at your request. |
| Valuation Fee | Other | Varies | — | First Valuation Fee covered up to $360. Second or further valuations are at cost. |
| Loan Advance Fee | Upfront | $250 | — | To prepare loan documents and to arrange settlement of the loan |
§ 03 — Features
RedrawExtra repaymentsPayIDDigital banking
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Be an Australian or New Zealand citizen, or a permanent resident of Australia.
- · Employment: Applicants must be a PAYG employee.
- · Available to individuals
- · Amount $80,000 to $5,000,000
- · Maximum LVR 80%
- · - Max 2 borrowers. - Be applying either individually, or jointly with their spouse or de facto partner that they currently live with or intend to live with after settlement in the same household (You…
§ 06 — Run the numbers
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Published by UBank under the Consumer Data Right, last changed by them on 23 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.