Owner occupied
1 year fixed
Principal and interest
|
5.89% p.a.1 |
Comparison rate:
|
6.30% p.a.* |
2 year fixed
Principal and interest
|
5.79% p.a.1 |
Comparison rate:
| 6.24% p.a.* |
3 year fixed
Principal and interest
|
5.79% p.a.1 |
Comparison rate:
|
6.20% p.a.* |
Features and benefits
Certainty
Enjoy certainty of repayments for 1, 2 or 3 years. At the end of the fixed term, the rate reverts to the Balance Variable Home Loan.
Or, re-fix for a further term.
Flexible
Includes a 100% offset account (up to 2) at no extra cost. There's no annual repayment limits and you can redraw funds in advance.
Low fuss
Borrow up to 95% of the property value with Lenders' Mortgage Insurance 2 to finance the purchase, build or refinance the property you live in.
$0
Monthly fee
No ongoing monthly fees to keep things simple.
$0
Annual fee
No recurring annual fees to remember.
$600
Application fee
Includes one standard valuation and legal fees for one security property. 3
$0
Online redraw fee
Redraw funds in advance via Internet Banking. Staff assisted redraws cost $30.
How to apply
You can apply online, over the phone or by visiting one of our financial services stores. One of our Mortgage Specialists will guide you through the process.
Coming off a fixed term?
Members with a fixed rate expiring (non-package and non-Community Advantage) will revert to the Balance Variable Home Loan. Alternatively, you can choose to fix for a further term.
Key Facts Sheet
Fees and charges
Rate Lock
You can view Target Market Determinations here.
Credit eligibility criteria, terms & conditions, fees & charges apply.
1 Interest rate is current as at 15/10/24, is for new money and switches and is subject to change. At the end of the fixed period your principal and interest loan and interest rate will revert to the Owner Occupied Balance Variable Home Loan and the repayment amount will change. Alternatively, you can select a new fixed term. Maximum LVR of 95% (Lenders' Mortgage Insurance applies for LVR over 80%). For expiring fixed terms during interest only periods, we encourage you to contact us to discuss your options.
2 Lenders' Mortgage Insurance applies where the loan to value ratio (LVR) exceeds 80%. Some suburb exclusions apply.
3 Valuation for additional securities will be charged at cost and could incur additional legal fees. Government charges apply.
*The comparison rate is calculated on a loan amount of $150,000 over a loan term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Community First Credit Union LimitedABN 80 087 649 938 | Operating as Community First Bank | AFSL and Australian credit licence 231204| BSB 512-170