384 live products
ME Bank
Best available rate
5.58%p.a.
Me Bank Econome Home Loan (Variable)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.60%
Offset
Not included
Redraw
Included
Finding the best rates…
Home Loans Comparison
Bank One
ME Bank
Best available
From 5.58% p.a.
Line-up
384 live products
VS
ME Bank vs UBank
Compare ME Bank and UBank home loans in March 2026. ME Bank offers rates from 5.58% p.a. across 384 products, while UBank starts at 5.59% p.a. with 61 products. ME Bank currently has the lower rate by 0.01%.
Bank Two
VS
61 live products
UBank
Best available rate
5.59%p.a.
Neat - Oo Variable P&i
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.61%
Offset
Not included
Redraw
Included
Live edge
ME Bank is lower on headline home loan rate by 0.01%, which is roughly $4 per month on a $500,000 loan.
0.01% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | ME Bank | UBank |
|---|---|---|
| Interest rate | 5.58% | 5.59% |
| Comparison rate | 5.60% | 5.61% |
| Offset account | No | No |
| Redraw | Yes | Yes |
All ME Bank Products
Every tracked home loans option from ME Bank.
All UBank Products
Every tracked home loans option from UBank.
ME Bank's lowest variable rate is 5.58% p.a. (comparison rate 5.60%) while UBank starts at 5.59% p.a. (comparison rate 5.61%). ME Bank is 0.01% lower, which saves approximately $4/month on a $500,000 loan.
Key features: ME Bank includes redraw, UBank includes redraw.
Quick Comparison
| Feature | ME Bank | UBank |
|---|---|---|
| Interest Rate | 5.58% | 5.59% |
| Comparison Rate | 5.60% | 5.61% |
| Offset Account | No | No |
| Redraw Facility | Yes | Yes |
Common Questions
ME Bank vs UBank FAQs
Which bank has a lower home loan rate, ME Bank or UBank?
ME Bank currently offers the lower variable rate at 5.58% p.a. compared to 5.59% p.a. Always check the comparison rate for a true cost picture.
Do ME Bank and UBank home loans have offset accounts?
ME Bank does not include an offset account. UBank does not include an offset account.
What is ME Bank's lowest home loan rate in 2026?
ME Bank's lowest variable rate is 5.58% p.a. (comparison rate 5.60%) on the Me Bank Econome Home Loan (Variable).
What is UBank's lowest home loan rate in 2026?
UBank's lowest variable rate is 5.59% p.a. (comparison rate 5.61%) on the Neat - Oo Variable P&i.