- Home
- Home Loans
- Central West Credit Union
- Minimiser Home Loan
Minimiser Home Loan
- Owner Occupied
- Variable
- 20% min deposit
- P&I
Interest rate p.a.
6.99%
Comparison rate* p.a.
7.07%
Minimiser Home Loan
- Owner Occupied
- Variable
- 20% min deposit
- P&I
Interest rate p.a.
6.99%
Comparison rate* p.a.
7.07%
Central West Credit Union Variable Rate Home Loan overview
For Minimiser Home Loan
Principal & Interest (P&I)
Loan type
Loan to value ratio
Interest rate
Comparison rate
Interest only
Loan type
Loan to value ratio
Interest rate
Comparison rate
Details
Maximum LVR
80%
Total repayments
Interest rate type
Variable
Borrowing range
$100k - $100m
Suitable for
Owner Occupiers
Loan term range
1 - 25 years
Repayment type
Principal and Interest
Applicable states
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Repayment options
Fortnightly, Monthly, Weekly
Target Market Determination
Visit Central West Credit Union to view Target Market Determination.
Features
Extra repayments
Unlimited
Redraw facility
Redraw fee: $0
Offset account
Split interest facility
Loan portability
Repayment holiday available
Allow guarantors
Available for first home buyers
Other benefits
Fees
Total estimated upfront fees
$650
Application fee
$650
Legal fee
$0
Valuation fee
$0
Settlement fee
$0
Other upfront fee
$0
Ongoing fee
$0
Discharge fee
$0
Pros and Cons
For Minimiser Home Loan
Benefits
- No ongoing fees
- Extra repayments and redraw facility
- Free redraw facility
Drawbacks
- No offset account
- Higher than average interest rate
- Higher than average upfront fee
- No repayment holidays
