My Credit Union

Print


2.29% pa
2yr Fixed Rate1

4.69% pa
Comparison Rate

Enquire OnlineBook an Appointment

Our fixed rate Smart Home Loan is designed to provide you with security. Enjoy the peace of mind knowing that your regular monthly repayments are set over a period of time that suits you. After the fixed rate period your interest rate reverts to the standard variable rate. 1

  • Choose to fix your interest rate for 1 to 5 years
  • Peace of mind in knowing what your month-to-month repayments will be
  • Free redraw facility
  • Fee discounts on your everyday account for life of the loan3

2.99% pa
2yr Fixed Rate1

4.82% pa
Comparison Rate

Enquire OnlineBook an Appointment

Our fixed rate Smart Investment Home Loan is designed to provide you with security for your investment property. Enjoy the peace of mind knowing that your regular monthly repayments are set over a period of time that suits you. After the fixed rate period your interest rate reverts to the standard investment variable rate.

  • Choose to fix your interest rate for 1 to 5 years
  • Peace of mind in knowing what your month-to-month repayments will be
  • Free redraw facility
  • Fee discounts on your everyday account for life of the loan3



  Owner-Occupied Product Features:
Fixed Rate Home Loan (Owner Occupied)
Interest Rates
Fixed interest rate2.29% pa
Comparison rate4.69% pa
Interest ChargesCalculated daily, charged monthly
Owner Occupied
1 Year - Fixed Interest Rate2.79% pa
1 Year - Comparison Rate4.99% pa
2 Year - Fixed Interest Rate2.29% pa
2 Year - Comparison Rate4.69% pa
3 Year - Fixed Interest Rate2.79% pa
3 Year - Comparison Rate4.60% pa
4 Year - Fixed Interest Rate2.89% pa
4 Year - Comparison Rate4.46% pa
5 Year - Fixed Interest Rate2.99% pa
5 Year - Comparison Rate4.35% pa
Fees
Establishment fee$600 
Redraw fee$0 
Monthly fee$8 
Annual fee$0 
Features
Offset Account availableYes 
Suitable for First Home Buyers, Home Owners InvestorsYes
Additional repayments acceptedYes 2
Loan TypePrincipal and Interest
Repayment frequencyWeekly, Fortnightly, Monthly
No Transaction Fees on Everyday AccountFor life of Home Loan3
Reduced Interest Rate - Visa Credit Card For life of Home Loan4
Free Redraw FacilityYes5
Minimum redraw amount$500 
Interest only availableYes
Minimum loan amount$20,000 
Maximum term (years)30 
Borrow Up To 95% Of Purchase PriceYes 6
Split Loan Rate Options ( Fixed Variable)Yes

  Investment Product Features:
Fixed Rate Home Loan (Investment)
Interest Rates
Fixed interest rate2.99% pa
Comparison rate4.82% pa
Interest ChargesCalculated daily, charged monthly
Investment
1 Year - Fixed Interest Rate - Investment2.99% pa
1 Year - Comparison Rate - Investment5.00% pa
2 Year - Fixed Interest Rate - Investment2.99% pa
2 Year - Comparison Rate - Investment4.82% pa
3 Year - Fixed Interest Rate - Investment2.99% pa
3 Year - Comparison Rate - Investment 4.65% pa
4 Year - Fixed Interest Rate - Investment 2.89% pa
4 Year - Comparison Rate - Investment4.46% pa
5 Year - Fixed Investment Rate - Investment3.49% pa
5 Year - Comparison Rate - Investment4.55% pa
Fees
Establishment fee$600 
Redraw fee$0 
Monthly fee$8 
Annual fee$0 
Features
Suitable for First Home Buyers, Home Owners InvestorsYes
Additional repayments acceptedYes 2
Loan TypePrincipal and Interest
Repayment frequencyWeekly, Fortnightly, Monthly
No Transaction Fees on Everyday AccountFor life of Home Loan3
Offset accountYes 
Reduced Interest Rate - Visa Credit Card For life of Home Loan4
Free Redraw FacilityYes5
Minimum redraw amount$500 
Interest only availableYes
Minimum loan amount$20,000 
Maximum term (years)30 
Borrow Up To 95% Of Purchase PriceYes6
Split Loan Rate Options ( Fixed Variable)Yes

 

  Additional Product Information:

 

Important Information:

1 This rate applies to 2 yr fixed loans with 25 year terms for $150,000. WARNING These comparison rates apply only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Credit criteria and fees and charges apply. Terms and Conditions are available on application.

2 Make extra repayments totaling up to $10,000 over 12 months (as 2 x $5,000 lump sums) during any fixed rate period

3 Home Loan Rewards applies only to access methods listed in the ‘Rebated Transactions & Services’ section of the PFS Fees & Charges and Member Loyalty Program as amended from time to time. All other fees and charges are not rebated and will be payable by the Member

4 Home Loan Rewards Classic Credit Card discounted rate applies for the life of the Home Loan, when loan and credit facility are not in arrears. Northern Inland reserves the right to withdraw, extend or vary this offer.

5 Eligible variable rate Home Loans only

6 Lenders Mortgage Insurance required for borrowings over 80%