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Our Home Sweet Home Loan
SPECIAL DISCOUNT RATE
The rate below includes a honeymoon discount of 0.25%p.a. for 2 years
A variable interest only home loan available as a short term facility for purposes such as the construction of your home or for bridging finance.
The rate is reduced if the loan-to-value ratio (LVR) is <= 70% (see rates below). LVR is the loan-to-value ratio is the amount you are borrowing represented as a percentage of the value of the property you are buying e.g. $400,000 loan divided by $500,000 property value is 80%.
6.44
%
p.a.
Interest rate
6.85
%
p.a.
Comparison rate
Owner occupier, variable, Interest Only, LVR 70% or less.
LVR 70% or less available for new business only.
Click Interest Rates below for LVR >70% loans.
| Features | LVR <=70% | LVR > 70% |
| Availability | Available for new business only | |
| Repayment Arrangement | Interest Only | Interest Only |
| Minimum amount | $50,000 | $50,000 |
| Maximum amount | 70% of property value. | 79% of the property value. If it's a bridging loan: 85% of property value with mortgage insurance. If it's not a bridging loan: 95% of property value with mortgage insurance. |
| Loan period | Up to 30 years | Up to 30 years |
| Repayment frequency | Weekly, fortnightly or monthly | Weekly, fortnightly or monthly |
| Interest only available | Yes | Yes |
| Additional repayments accepted | Yes | Yes |
| Redraw available | Yes | Yes |
| Redraw Fee | $0 | $0 |
| Minimum redraw amount | No minimum | No minimum |
| Offset account available | Yes | Yes |
| Offset fee | $150 p.a. | $150 p.a. |
| Establishment fee | $350* | $350* |
| Bridging Establishment fee | $500 | $500 |
| Monthly fee | $0 | $0 |
| Annual fee | $150 | $150 |
| Early break fee | No | No |
| Loan to value ratio (LVR) | Interest rate p.a. | Comparison rate p.a. |
| LVR <=70% | 6.44% p.a. | 6.85% p.a. |
| LVR >70% | 6.59% p.a. | 7.00% p.a. |
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Why choose us?
Our purpose is to provide personalised banking services to our members. Our Values are ...
It's all about you
Our members are our reason for being, everything we do, we do for them.
A trusted partner
We will earn our members' trust everyday by acting honestly, ethically and in their best interests.
People for people
In a world of technological innovation, we understand the value of people.
Committed custodian
We will embrace our responsibilities by developing our staff, supporting our communities and respecting the environment.
Important Information:
* Establishment Fee is not applicable if the loan purpose is bridging. The Bridging Establishment Fee will be applicable in that instance.
