Our home loans come with some great benefits...
- Variable and lump sum repayments
- Early repayment without penalty (on variable)
- FREE redraw facility
- No monthly loan service fees
- Loan repayment insurance available
- Automatic repayments (salary/account)
By contributing any extra income to your loan, in addition to your usual repayments, you are able to pay off your loan sooner and therefore you could save thousands of dollars in interest costs. ^
The earlier you pay off your loan the more money you save in interest charges. ^
A deferred establishment fee does apply to all home loans if paid out within the first 3 years. Please see our Fees & Charges.
The credit union gives you the option of making extra repayments on your loan and then having the flexibility of being able to redraw on these extra repayments. There is no fee for setting up or using this facility. Terms and conditions are available on application. ^
Unlike some other institutions, we do not charge any account keeping or service fees on our mortgage accounts, saving you money. ^
You can arrange to make automatic repayments either by payroll deduction, direct debit from your savings or transaction account, Internet or Phone banking. Setting up automatic repayments saves you time and enables you to avoid any late fees. ^