
We have designed a variety of home loans to satisfy the needs of you, our Members. Whether you are buying your first home, refinancing or looking to buy an Investment property, we have something to suit you.
Basic Home Loan SPECIAL
Available for New Lending Only
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100% Mortgage Offset
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Unlimited Repayments
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Redraw Facility
Request a Home Loan Key Fact Sheet
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Owner Occupied
2.85% pa
variable interest rate
2.89% pa1
comparison rate
Investment
3.05% pa
variable interest rate
3.09% pa1
comparison rate
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Features |
Basic Home Loan SPECIAL - Owner Occupied |
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Key Features | Minimum Loan Amount | $150,000 | Flexible Repayments | Weekly, fortnightly, monthly | Top-up Facility Available | Yes | Early Repayment Without Penalty | Yes | Redraw Facility | Free online redraw, minimum amount $500, $50 fee if processed manually. | Offset Facility | Yes 100% offset | Time Out Option | Yes | Annual Fee on Visa 55 Credit Card | Waived for relationships of $100,000 or more | Maximum Loan Amount | 80% of property value, 95% of PV for Owner Occupier with mortgage insurance, 90% of PV for Investment with mortgage insurance | Loan Period | Up to 30 years | Featured Interest Rate | Interest Charges | Calculated daily, charged monthly | Variable Interest Rate | 2.85% pa | Comparison Rate | 2.89% pa1 | Fees | Establishment Fee | $250 | Monthly Fee | $0 | Annual Fee | $0 | Legal Fees | At cost | Valuation Fees | At cost |
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Basic Home Loan SPECIAL Terms & Conditions |
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For new borrowers applying for an owner occupied or investment property loan with a minimum new loan size of $150,000 or more.
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Also available for existing borrowers of owner occupied or investment property loans who apply for the Basic Home Loan Special and increase their loan with the Credit Union by $100,000 or more. Existing borrowers must have a minimum of $150,000 in existing facilities.
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The offer is only available for owner occupied or investment properties with principal and interest repayments. Interest only repayments are excluded from this offer.
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The offer does not apply to switching fixed rate owner occupied or investment property loans, either during the fixed rate period or when the fixed rate period ends and a variable rate applies.
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This offer may be closed or varied in relation to new applications at any time at the Credit Union’s discretion. Applications submitted before the offer is closed or amended will still be eligible to receive the offer if all other eligibility criteria are met.
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The offer will apply to approved owner occupied or investment property loans for a period of 3 months after approval is granted. Or a maximum of 3 months after the offer is closed, whichever comes first.
Offer may be withdrawn at any time. Available for new lending only. Not available on refinance of or an increase to the limit of existing Macquarie Credit Union facilities. Unless conditions in Clause b are satisfied.
Normal lending criteria, terms and conditions, fees and charges apply.
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Discounted Variable Rate Home Loan
Get a head start with this low discounted rate for the first 2 years of your loan.
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1% discount off the Standard Variable rate for first 2 years
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Unlimited extra repayments allowed
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Free online redraw
Request a Home Loan Key Fact Sheet
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Owner Occupied
3.45% pa2
variable interest rate
4.31% pa1
comparison rate
Investment
3.64% pa2
variable interest rate
4.50% pa1
comparison rate
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Features |
Discounted Variable Rate - Owner Occupied |
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Key Features | Minimum Loan Amount | $150,000 | Flexible Repayments | Weekly, fortnightly, monthly | Variable and Lump Sum Repayments | Yes | Top-up Facility Available | Yes | Unlimited Extra Repayments Allowed | Yes | Early Repayment Without Penalty | Yes | Redraw Facility | Free online redraw, minimum amount $500, $20 fee if processed manually. | Time Out Option | Yes | Family Guarantee Option | On application | Annual Fee on Visa 55 Credit Card | Waived for relationships of $100,000 or more | Maximum Loan Amount | 80% of property value, 95% of PV for Owner Occupier with mortgage insurance, 90% of PV for Investment with mortgage insurance | Loan Period | Up to 30 years | Featured Interest Rate | Interest Charges | Calculated daily, charged monthly | Variable Interest Rate | 3.45% pa2 | Comparison Rate | 4.31% pa1 | Fees | Establishment Fee | $250 | Monthly Fee | $0 | Annual Fee | $0 | Legal Fees | At cost | Valuation Fees | At cost |
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Power Home Loan Package
The Power Home Loan Package enables you to bundle some of our great products together. Be rewarded today with one low annual fee and interest savings helping you own your home sooner.3
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100% mortgage offset5
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Interest rate discounts on personal and car loans6
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Bonus rates on term deposits7
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Flexibility to manage up to two loans for one annual fee12
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Free online redraw
Request a Home Loan Key Fact Sheet
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Owner Occupied
From
3.55% pa
variable interest rate
3.98% pa4
comparison rate
Investment
From
3.74% pa
variable interest rate
4.16% pa4
comparison rate
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Features |
Power Home Loan Package - Owner Occupied |
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Key Features | Minimum Loan Amount | $10,000 | Interest Rate Discounts on Personal and Car Loans | Yes 2% pa off standard personal and car loan rates5 | Bonus Rate on Term Deposits | Yes 0.25%pa above standard term deposit rates 6 | Flexible Repayments | Weekly, fortnightly, monthly | Variable and Lump Sum Repayments | Yes | Top-up Facility Available | Min $10,000 | Unlimited Extra Repayments Allowed | Yes Unrestricted on variable rate loans | Early Repayment Without Penalty | Yes Unrestricted on variable rate loans | Redraw Facility | Free online redraw, minimum amount $500, $20 fee if processed manually | Offset Facility | Yes 100% linking to one variable rate loan7 | Time Out Option | Yes | Split with Fixed and Variable Rates | Yes | Bridging Finance | Yes | Family Guarantee Option | On application | Annual Fee on Visa 55 Credit Card | Waived for Power Home Loan Customers8 | Early repayment without penalty | Yes | Maximum Loan Amount | 80% of property value, 95% of PV for Owner Occupier with mortgage insurance, 90% of PV for Investment with mortgage insurance | Loan Period | Up to 30 years | Power Home Loan Discounts | Fixed Interest Rate Discount | Yes 0.15% pa off standard fixed rate9 | Discounted Interest Rates (Off Standard Variable Home Loan Rate) | Yes10 | PHL % Discount $10,000 - $150,000 | 0.10% pa | PHL % Discount $150,001 - $250,000 | 0.50% pa | PHL % Discount $250,001 - $400,000 | 0.60% pa | PHL % Discount $400,001 and Above | 0.90% pa | Featured Interest Rate | Interest Charges | Calculated daily, charged monthly11 | Tiered Interest Rates | $10,000 - $150,000 PHL Variable Rate | 4.35% pa10 | $10,000 - $150,000 Comparison Rate | 4.76% pa4 | $150,001 - $250,000 PHL Variable Rate | 3.95% pa10 | $150,001 - $250,000 Comparison Rate | 4.37% pa4 | $250,001 - $400,000 PHL Variable Rate | 3.85% pa10 | $250,001 - $400,000 Comparison Rate | 4.27% pa4 | $400,001 and Above PHL Variable Rate | 3.55% pa10 | $400,001 and Above Comparison Rate | 3.98% pa4 | Fees | Establishment Fee | $0 | Monthly Fee | $0 | Annual Fee | $400 12 | Legal Fees | At cost | Valuation Fees | At cost | Salary Credit Required | Yes13 |
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SPECIAL Low Rate Home Loan
A great home loan if you are looking for a low rate for the life of your loan.
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No valuation fee
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100% mortgage offset
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Free online redraw
Request a Home Loan Key Fact Sheet
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Owner Occupied only
From
3.91% pa
variable interest rate
4.06% pa1
comparison rate
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Features |
Special Low Rate Home Loan - Owner Occupied |
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Key Features | Minimum Loan Amount | $150,000 | Flexible Repayments | Weekly, fortnightly, monthly | Variable and Lump Sum Repayments | Yes | Top-up Facility Available | Yes | Unlimited Extra Repayments Allowed | Yes | Early Repayment Without Penalty | Yes | Redraw Facility | Free online redraw, minimum amount $500, $20 fee if processed manually | Offset Facility | 100% mortgage offset linking to one variable rate home loan | Time Out Option | Yes | Split with Fixed and Variable Rates | Yes | Family Guarantee Option | Yes | Annual Fee on Visa 55 Credit Card | Waived for relationships of $100,000 or more | Maximum Loan Amount | 80% of property value, 95% of PV for Owner Occupier with mortgage insurance, 90% of PV for Investment with mortgage insurance | Loan Period | Up to 30 years | Featured Interest Rate | Interest Charges | Calculated daily, charged monthly | Variable Interest Rate | 3.91% pa | Comparison Rate | 4.06% pa1 | Fees | Establishment Fee | $250 | Monthly Fee | $10 | Annual Fee | $ | Legal Fees | At cost | Valuation Fees | Nil one free residential valuation per loan application | Mortgage Prep Fee | Nil |
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Home Equity Loan
Our Home Equity Loan allows you to borrow against the portion of your home that you own. This is the difference between the amount you owe on your home loan and the value of the property. You can use the funds for whatever you like. Take advantage of other investment opportunities, take that dream holiday, or use it to make improvements to your home.
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Access the equity in your home
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Free online redraw
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Flexible repayment options
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No penalty for early payout
Request a Home Loan Key Fact Sheet
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Owner Occupied
From
5.45% pa
variable interest rate
5.49% pa1
comparison rate
Investment
From
5.64% pa
variable interest rate
5.68% pa1
comparison rate
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Features |
Home Equity Loan - Owner Occupier |
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Key Features | Minimum Loan Amount | $5,000 | Flexible Repayments | Weekly, fortnightly, monthly | Variable and Lump Sum Repayments | Yes | Top-up Facility Available | Yes | Early Repayment Without Penalty | Yes | Redraw Facility | Free online redraw, minimum amount $500, $20 fee if processed manually | Time Out Option | Yes | Annual Fee on Visa 55 Credit Card | Waived for relationships of $100,000 or more | Maximum Loan Amount | 80% of property value | Loan Period | Up to 30 years | Featured Interest Rate | Interest Charges | Calculated daily, charged monthly | Variable Interest Rate | 5.45% pa | Comparison Rate | 5.49% pa1 | Fees | Establishment Fee | $250 | Monthly Fee | $0 | Annual Fee | $0 | Legal Fees | At cost | Valuation Fees | At cost |
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Standard Variable Home Loan
Our most popular home loan – everything you need and a low rate.
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Options to split with variable and fixed rates
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Unlimited extra repayments allowed
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Free online redraw
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And much more
Request a Home Loan Key Fact Sheet
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4.45% pa
variable interest rate
4.49% pa1
comparison rate
|

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Features |
Standard Variable Home Loan |
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Key Features | Minimum Loan Amount | $10,000 | Flexible Repayments | Weekly, fortnightly or monthly | Variable and Lump Sum Repayments | Yes | Top-up Facility Available | Yes | Unlimited Extra Repayments Allowed | Yes | Early Repayment Without Penalty | Yes | Redraw Facility | Free online redraw, minimum amount $500, $20 fee if processed manually | Offset Facility | Yes 100% | Time Out Option | Yes | Split with Fixed and Variable Rates | Yes | Bridging Finance | Yes | Family Guarantee Option | On application | Annual Fee on Visa 55 Credit Card | Waived for relationships of $100,000 or more | Maximum Loan Amount | 80% of property value, 95% of PV for Owner Occupier with mortgage insurance, 90% of PV for Investment with mortgage insurance | Loan Period | Up to 30 years | Featured Interest Rate | Interest Charges | Calculated daily, charged monthly | Variable Interest Rate | 4.45% pa | Comparison Rate | 4.49% pa1 | Fees | Establishment Fee | $250 | Monthly Fee | $0 | Annual Fee | $0 | Legal Fees | At cost | Valuation Fees | At cost |
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First Home Buyer’s Home Loan
A loan specifically designed for those eligible for the First Home Owner’s Grant.
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Discounted variable rate for the first 3 years, then reverts to Standard Variable Rate
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Family guarantee option
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100% mortgage offset
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We lodge the grant application for you and pay up to $600 of your valuation and legal costs.
Request a Home Loan Key Fact Sheet
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3.95% pa
variable interest rate
4.36% pa1
comparison rate
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Features |
First Home Buyer Home Loan |
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Key Features | Minimum Loan Amount | $10,000 | Flexible Repayments | Weekly, fortnightly or monthly | Variable and Lump Sum Repayments | Yes | Top-up Facility Available | Yes | Unlimited Extra Repayments Allowed | Yes | Early Repayment Without Penalty | Yes | Redraw Facility | Free online redraw, minimum amount $500, $20 fee if processed manually | Offset Facility | Yes 100% linking to one variable rate loan | Time Out Option | Yes | Split with Fixed and Variable Rates | No | Bridging Finance | No | Family Guarantee Option | Yes | Annual Fee on Visa 55 Credit Card | Waived for relationships of $100,000 or more | Maximum Loan Amount | 80% of property value, 95% of PV for Owner Occupier with mortgage insurance | Loan Period | Up to 30 years | Featured Interest Rate | Interest Charges | Calculated daily, charged monthly | Variable Interest Rate | 3.95% pa | Comparison Rate | 4.36% pa1 | Fees | Establishment Fee | $250 | Monthly Fee | $0 | Annual Fee | $0 | Legal Fees | At cost minus FHB discount | Valuation Fees | At cost minus FHB discount |
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Basic Home Loan
A great home loan if you are looking for a low rate for the life of your home loan.
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Discounted rate
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No monthly account keeping fees
Request a Home Loan Key Fact Sheet
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Owners Occupied
4.20% pa
variable interest rate
4.24% pa1
comparison rate
Investment
4.39% pa
variable interest rate
4.43% pa1
comparison rate
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Features |
Basic Home Loan - Owner Occupied |
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Key Features | Minimum Loan Amount | $150,000 | Flexible Repayments | Weekly, fortnightly or monthly | Top-up Facility Available | Yes | Early Repayment Without Penalty | Yes | Redraw Facility | Yes, minimum amount $500, $50 fee if processed manually | Time Out Option | Yes | Split with Fixed and Variable Rates | Yes | Family Guarantee Option | Yes | Annual Fee on Visa 55 Credit Card | Waived for relationships of $100,000 or more | Maximum Loan Amount | 80% of property value, 95% of PV for Owner Occupier with mortgage insurance, 90% of PV for Investment with mortgage insurance | Loan Period | Up to 30 years | Featured Interest Rate | Interest Charges | Calculated daily, charged monthly | Variable Interest Rate | 4.20% pa | Comparison Rate | 4.24% pa1 | Fees | Establishment Fee | $250 | Monthly Fee | $0 | Annual Fee | $0 | Legal Fees | At cost | Valuation Fees | At cost |
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Investment Home Loan
Looking for an investment property? Save on your investment with us.
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100% mortgage offset
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Options to split with variable and fixed rates
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Optional VISA Credit Card with no annual fee, reliant on relationship with Credit Union of over $100,000.
Request a Home Loan Key Fact Sheet
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4.64% pa
variable interest rate
4.68% pa1
comparison rate
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Features |
Investment Home loan |
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Key Features | Minimum Loan Amount | $10,000 | Flexible Repayments | Weekly, fortnightly or monthly | Variable and Lump Sum Repayments | Yes | Top-up Facility Available | Yes | Unlimited Extra Repayments Allowed | Yes | Early Repayment Without Penalty | Yes | Redraw Facility | Free online redraw, minimum amount $500, $20 fee if processed manually | Offset Facility | Yes 100% mortgage offset linking to one variable rate loan | Time Out Option | Yes | Split with Fixed and Variable Rates | Yes | Bridging Finance | Yes | Family Guarantee Option | On application | Annual Fee on Visa 55 Credit Card | Waived for relationships of $100,000 or more | Maximum Loan Amount | 80% of property value, 95% of PV for Owner Occupier with mortgage insurance, 90% of PV for Investment with mortgage insurance | Loan Period | Up to 30 years | Featured Interest Rate | Interest Charges | Calculated daily, charged monthly | Variable Interest Rate | 4.64% pa | Comparison Rate | 4.68% pa1 | Fees | Establishment Fee | $250 | Monthly Fee | $0 | Annual Fee | $0 | Legal Fees | At cost | Valuation Fees | At cost |
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