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Guides and answers from the Unloan Team

Search results for:redraw
Redraw — your extra repayments, ready when you need them
How redraw is calculated: Each month, we work out how much you can redraw by comparing what your loan… Your redraw amount can change: We may adjust your Available Redraw during the month based on things like… Redraw can reduce over time: Even if you don’t use it, your Available Redraw might go down—especially
Understanding your Unloan repayments and how AutoPay can help
Here’s how: Payments made before your monthly repayment date sit in your redraw Your redraw… If you’ve got funds in redraw, they’ll reduce your loan balance and help lower the interest you pay… [Learn more about redraw] A few things to note: Your monthly repayment date cannot be changed
Want to pay off your Unloan home loan faster?
4. Redraw when you need to… You can access them using our redraw feature… Learn how redraw works This article is intended to provide general information only
Your Unloan Account
What is the limit I can redraw?
You've got an Unloan home loan. What's next?
To meet your repayment requirements, you can transfer money into your Unloan redraw using any of these… Any money you deposit will sit in your redraw
How to avoid a shortfall at settlement
than the required settlement shortfall amount, the excess funds will be available in your Unloan redraw… If you have funds in your redraw facility, decide whether to retain them or apply them towards your loan… To maintain the approved loan balance with Unloan, please avoid withdrawing from your redraw facility
Understanding your Unloan statement
total interest added during the period Repayments/Payments – total payments made into your redraw… Interest is calculated daily, so it can vary depending on your balance, any redraw, and how many days
Top up your home loan
If approved, the funds will be added to your redraw. Unloan doesn’t support loan splits
How to set up AutoPay for your Unloan Home Loan
Fortnightly repayments = $2500 Weekly repayments = $1250 Any extra AutoPay payments go into redraw
How to prepare for settlement with Unloan
than the required settlement shortfall amount, the excess funds will be available in your Unloan redraw… Within 24 hours, you’ll be able to log into app.unloan.com.au to access any available funds in your redraw