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How much can I borrow? Before deciding which house to buy, you need to determine what you can afford. The amount that you can borrow, commonly known as your borrowing power, will depend on your income, existing debts and other regular expenses. Use our online calculators to calculate how much you may be able to borrow. How much deposit do I need upfront and what other costs are there? You will need a minimum 5% deposit to be eligible for a loan. There are also other costs which you need to be aware of, such as: The Lenders Mortgage Insurance, if your deposit is less than 20%. Establishment, legal and valuation fees (We waive Unity Bank establishment, legal and valuation fees for first home buyers - government charges apply) Moving costs Stamp duty (concessions and exemptions may apply. Use our stamp duty calculator to see what your Stamp duty costs will be) Conveyancing fees Building and pest inspection Utility connections Home and building insurance How can parents assist? With high property prices it can be confronting for young first home buyers to save the amount needed for a deposit. Options for parents wanting to help first home buyers include parental guarantee, joint venture, cash gifts or supporting a savings plan. What is Stamp Duty and how do I work out if I am exempt or need to pay? Stamp duty is a state government charge or tax. The amount is based on the purchase price of the property and is different in every state and territory. Some first home buyers may get a discount or not be required to pay it at all. We can help you work this out. For an indication of what may be payable use our stamp duty calculator. What is the process for applying for a home loan and what do I need to do? 1. Simply contact us Enquire online and one of our home loan specialist will call you back Visit one of our branches Give us a call 2. A home loan specialist will speak to you about your specific needs and discuss areas such as your borrowing capacity. 3. Make an application when you have your property in mind and or know how much you need to borrow. If you don’t have a property in mind you can easily obtain a pre-approved loan so that you confidently look for your first home. Below are 3 simple tips to fast track your home loan application with us. a) Provide proof of income: Payslips Employment Details b) We will ask for information on: Expense details Asset details including: land, house, contents, vehicles, savings, shares & super Any amounts you owe on loans: overdrafts, credit/store cards (including limits and repayments) c) If you are new to our Bank, your Australian drivers licence If you don't have all the information to hand, don't worry, we can start the application at any time. Other tips Reduce your outstanding debts. This includes any credit card and/or car loan debt Find a guarantor. A guarantor, such as a parent, can financially support your loan application by securing it against their home Minimise loan applications. Keep your loan applications to a minimum. Previous loan enquiries may be detrimental to your credit history View All Home Loans  

2023 was another highly successful year for Unity Bank. Review our financial summary and see how our Member-first approach has made all the difference. Read Now DownloadIf you would like to receive a hard copy of the 2023 Annual Report, please give us a call at 1300 36 2000 or send an email request to mail@unitybank.com.au

2022 was another highly successful year for Unity Bank. Review our financial summary and see how our Member-first approach has made all the difference. Read Now DownloadIf you would like to receive a hard copy of the 2022 Annual Report, please give us a call at 1300 36 2000 or send an email request to mail@unitybank.com.au

With the increase in cyber crimes, we urge you to be on the look out for scams and take steps to secure your personal information. Practical steps you can take to protect your personal information include: Regularly monitoring your account activity and reporting any unauthorised activity to us as soon as possible Change your online banking and email passwords or other passwords on websites or apps that payments are made from If in doubt, request a copy of your credit report or set up alerts to alert you to any accounts or loans being taken out in your name Never provide your personal details to anyone who contacts you by phone Take care when responding to emails and SMS, even if it seems genuine Call us immediately on 1300 36 2000 if you have noticed any suspicious transactions or if you have any concerns For more detailed information about protecting yourself from scams, visit the Scamwatch website.

We are aware of the Optus data breach involving the loss of Optus customer data. Our systems have not been compromised as a result of the Optus data breach. Our real-time monitoring of your accounts helps detect and protect you from unauthorised activity. Unity Bank Protection Keeping your account and personal information safe remains our priority. Member information is constantly monitored for data-breaches, including the recent Optus breach. We have also implemented additional verification and transaction monitoring processes to protect our members accounts. Protecting your own personal information Always remain vigilant against phishing and other scam communications that may lure you into clicking on links and attachments or sharing your personal information. Setting a strong, unique password and changing it regularly is key to keeping your accounts safe. Enable multi-factor authentication for all online services, including online banking. Using PayID to send money allows you to see details about who you are paying, before you pay them, helping protect you from scams. Questions to ask & things to look out for Do you know the sender, and do you usually receive SMS messages from the sender? Beware, scammers can mimic the phone numbers of legitimate organizations. Does the message seem generic or does it contain errors and grammatical mistakes? SMS Phishing, or ‘Smishing’ messages, play on your emotions by creating a sense of urgency, followed by a link to click. For example, ‘Your account is temporarily frozen, please login immediately to lift the restriction’. If you’re concerned your ID may have already been compromised, IDCARE is an independent organisation that provides free support to individuals impacted by fraud or scams. IDCARE have released a Response Fact Sheet relating to the Optus Data Breach. For more information on protecting your data please visit Money Smart. If you're worried or you’ve noticed a suspicious transaction, call us immediately on 1300 36 2000.

Protecting your information is our absolute priority – and there are several ways you can help too. NEVER share your password or Internet Banking login details We will NEVER contact you to ask for your passwords, or card or account details We will NEVER send you an SMS containing links So please watch out for any unexpected phone calls, SMS or emails asking for private details or information about you or your banking credentials … no matter who they say they are, or who they are pretending to be. If you come across anything like this, or feel that something just doesn’t seem right, please report it immediately to us on 1300 36 2000. For more information on protecting your information please visit Scamwatch.