Home Loans

With great rates, low fees and fast approval times, more good borrowers are choosing a My Union Masters home loan.

I bank with My Union Masters

Boy and parents in backyard next to pool

3 ways to save on your home loan

Get set to save with one of the lowest variable home loan rates in the market, offset accounts, and Marketplace rewards.

I bank with My Union Masters

Variable rate home loans

Enjoy the flexibility to pay off your loan sooner with a variable rate home loan. Combine your loan with offset accounts, so your savings can work to reduce the interest you pay.

“We’re able to offset against our mortgage and save more money" - Exarhos family


Variable rates from

Fixed rate home loans


Lock in certainty on monthly repayments. Your repayments will stay the same throughout the fixed loan term, making it easier to manage your cash flow. Fixed rates are available for 1–5 year terms.

“We were able to lock in a fair and competitive rate” -


Fixed rates from

More Home

Loan Options

Add an Offset

An offset account will allow your savings to reduce the amount of interest you pay on the variable portion of your loan.

Split Home Loan

Divide your home loan into multiple accounts, so you can take advantage of the benefits of both fixed and variable loan accounts. 


We're Exeptional

Rewarding Good


At My Union Masters we offer flexible loan options, great rates, low fees and an exceptional digital and customer experience. That’s why more Australians are choosing to bank with My Union Masters.

“For me, being a good borrower is about not stretching yourself too thin, so you are still building wealth in your home but you also have the freedom to enjoy the things that matter”


Home loan calculators

Budget and plan ahead with our home loan calculators. Calculate your home loan repayments, stamp duty costs, how much you could borrow, and how much you could save by refinancing.

How much are my repayments?

The home loan repayment calculator can help you work out how much your monthly repayments will be, based on how much you plan to borrow.

How much can I save?

You could be saving more with great rates and low fees. Refinancing has never been easier.

How much can I borrow?

Find out how much you could borrow with our calculator. You can also calculate your monthly repayments and interest rate.

Your results are based on how accurately you enter your income, expenses and liabilities. It may be useful to have your latest bank statement and pay slips handy.

  • View all Calculators

Talk to a home loan specialist

Monday to Friday 8am – 6pm (Sydney time)


You can apply online now.

A home loan specialist will review your application and contact you within 1-2 business days.

Need a tailored home loan solution?

Our team of dedicated home loan specialists are ready to talk through your home loan needs.

Additional information

This information has been prepared by My Union MastersBank Limited AFSL and Australian Credit Licence 237502 (MBL) and does not take into account your objectives, financial situation or needs. You should consider whether it is appropriate for you. Lending criteria, fees and T&Cs apply.

Government Guarantee: The Australian Government guarantees aggregated deposits with Australian authorised deposit-taking institutions, including My Union Masters Bank, of up to $A250,000. In September 2011 the Australian Government announced a number of changes to the Financial Claims Scheme (Government Guarantee). From 1 February 2012, a guarantee cap of $250,000 per account holder per institution will apply, subject to the continued advice of financial regulators that this remains appropriate. Further information about the Government Guarantee can be obtained from the APRA website at

Apple, the Apple logo & iPhone are trademarks of Apple Inc, registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

Android, Google Pay, Google Chrome and the Google Logo are trademarks of Google LLC.

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

Our internet banking platform has won a Mozo Experts Choice Award in the Internet Banking category for 2019/2020.