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  2. Personal Loans
  3. Illawarra Credit Union
  4. Mortgage Secured Overdraft

Mortgage Secured Overdraft

  • 0 to 10 years
  • Secured
  • Variable Rate
  • No ongoing fees

Interest rate p.a.

11.86%

Comparison rate* p.a.

12.15%

Mortgage Secured Overdraft

  • 0 to 10 years
  • Secured
  • Variable Rate
  • No ongoing fees

Interest rate p.a.

11.86%

Comparison rate* p.a.

12.15%

Calculate your repayments for this loan

$

Your estimated repayment

$994

based on 30000 loan amount for 3 years at 11.86%

Pros and Cons

For Mortgage Secured Overdraft

Benefits

  • No ongoing fees
  • Flexible repayment options
  • Can apply online
  • Can apply in branch
  • Use the loan for any worthwhile purpose

Drawbacks

  • Higher than average application fee

Illawarra Credit Union Rate Personal Loan overview

For Mortgage Secured Overdraft

Details

Total repayments
Interest rate type

Variable

Borrowing range

$10k - $100m

Security type

Secured

Loan term

0 to 10 years

Secured by

Property

Loan type

Repayment frequency

Weekly, Fortnightly, Monthly

Target Market Determination

Visit Illawarra Credit Union Limited to view Target Market Determination.

Features

Extra repayments

Redraw facility

Instant approval

Time to funding

N/A

Fees

Upfront fee

$200

Ongoing fee

$0

Missed payment penalty

$0

Early exit penalty fee

$0

Permitted Loan Purposes

New car

Used car

Motorcycle

Boat

Debt consolidation

Renovation

Holidays

Medical bill

Shares

Student loan

Wedding

FAQs