Loans
Current at 11 May, 2023
Interest Rates
Simple Home Loan
| Principle and interest | Interest only | |
| 60% LVR or lower | 5.24% p.a. interest and comparison rate | 5.44% p.a. interest and comparison rate |
| 60% to 70% LVR | 5.35% p.a. interest and comparison rate | 5.55% p.a. interest and comparison rate |
| Greater than 70.01% LVR | 5.45% p.a. interest and comparison rate | 5.65% p.a. interest and comparison rate |
*LVR or Loan to Value Ratio is the amount of the mortgage as a percentage of the value of the property. A property purchased with a 30% deposit therefore has a mortgage LVR of 70%.
Simple Loan - Fixed Rates
| 1 year | 2 year | 3 years | |
| 60% LVR or lower | 5.74% p.a. interest and comparison rate | 5.94% p.a. interest and comparison rate | 5.69% p.a. interest and comparison rate |
| 60 to 70% LVR | 5.85% p.a. interest and comparison rate | 6.05% p.a. interest and comparison rate | 5.80% p.a. interest and comparison rate |
| Greater than 70.01% LVR | 5.95% p.a. interest and comparison rate | 6.15% p.a. interest and comparison rate | 5.90% p.a. interest and comparison rate |
*LVR or Loan to Value Ratio is the amount of the mortgage as a percentage of the value of the property. A property purchased with a 30% deposit therefore has a mortgage LVR of 70%.
The Complete Package
| Principle and interest | Interest only | |
| 60% LVR or lower | 5.99% p.a. interest and 6.32% p.a. comparison rate | 6.19% p.a. interest and 6.52% p.a. comparison rate |
| 60 to 70% LVR | 6.10% p.a. interest and 6.43% p.a. comparison rate | 6.30% p.a. interest and 6.62% p.a. comparison rate |
| Greater than 70.01% LVR | 6.30% p.a. interest and 6.62% p.a. comparison rate | 6.50% p.a. interest and 6.82% p.a. comparison rate |
*LVR or Loan to Value Ratio is the amount of the mortgage as a percentage of the value of the property. A property purchased with a 30% deposit therefore has a mortgage LVR of 70%.
Complete Package - Fixed Rates
| 1 year | 2 year | 3 years | |
| 60% LVR or lower | 6.49% p.a. interest and 6.81% p.a. comparison rate | 6.69% p.a. interest and 7.01% p.a. comparison rate | 6.44% p.a. interest and 6.77% p.a. comparison rate |
| 60 to 70% LVR | 6.60% p.a. interest and 6.92% p.a. comparison rate | 6.80% p.a. interest and 7.12% p.a. comparison rate | 6.55% p.a. interest and 6.87% p.a. comparison rate |
| Greater than 70.01% LVR | 6.80% p.a. interest and 7.12% p.a. comparison rate | 7.00% p.a. interest and 7.31% p.a. comparison rate | 6.75% p.a. interest and 7.07% p.a. comparison rate |
*LVR or Loan to Value Ratio is the amount of the mortgage as a percentage of the value of the property. A property purchased with a 30% deposit therefore has a mortgage LVR of 70%.
Personal loans
Low-rate Visa credit card
Low ongoing rate, accepted worldwide
Up to 45 days interest free on purchases
Annual fee: $48.00
Interest rate on purchases .......... 10.49% p.a.
Interest rate on cash advances .......... 17.99% p.a.
Overdraft
Interest rate .......... 13.99% p.a.
(Interest and comparison rate)
Fixed Rate Car Loan
Fixed rate for up to 7 years
New and used cars up to 7 years old
Make extra repayments without penalty
Redraw facility available
Fixed interest rate .......... 10.99% p.a.
(11.24% p.a. comparison rate)
Personal loan
Available for secured, and unsecured loans
No monthly fees
Make extra repayments without penalty
Variable interest rate .......... 13.99% p.a.
(14.25% p.a. comparison rate)
VIP personal loan
Available to members with an existing mortgage
Admin fee waived if paying annual mortgage package fee
Variable interest rate .......... 7.99% p.a.
(8.24% p.a. comparison rate, the interest and comparison rate is the same for members with mortgages as admin fees are waived)
Business loans
Business loan
Please add 0.20% for Interest Only Loans
Residential security is required
Variable interest rate .......... 7.74% p.a.
(8.58% p.a. comparison rate)
Business car loan
Fixed rate for up to 7 years
New and used cars up to 7 years old
Make extra repayments without penalty
Redraw facility available
Fixed interest rate .......... 11.99% p.a.
(12.87% p.a. comparison rate)
Business overdraft
Residential security is required
Variable interest rate .......... 7.99% p.a.
(8.83% p.a. comparison rate)