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- Coastline Credit Union
- Home Equity Access Home Loan
Home Equity Access Home Loan
- Owner Occupied
- Variable
- 20% min deposit
- Interest Only
Interest rate p.a.
8.31%
Comparison rate* p.a.
Home Equity Access Home Loan
- Owner Occupied
- Variable
- 20% min deposit
- Interest Only
Interest rate p.a.
8.31%
Comparison rate* p.a.
Coastline Credit Union Variable Rate Home Loan overview
For Home Equity Home Loan ($150k+)
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
$150k - $100m
Suitable for
Line of Credit, Owner Occupiers
Loan term range
1 - 25 years
Repayment type
Interest only
Applicable states
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Repayment options
Fortnightly, Monthly, Weekly
Target Market Determination
Visit Coastline Credit Union to view Target Market Determination.
Features
Extra repayments
Not Allowed
Redraw facility
Offset account
Split interest facility
Loan portability
Repayment holiday available
Allow guarantors
Available for first home buyers
Other benefits
Fees
Total estimated upfront fees
$600
Application fee
$250
Legal fee
$350
Valuation fee
$0
Settlement fee
$0
Other upfront fee
$0
Ongoing fee
$5
Discharge fee
$160
Pros and Cons
For Home Equity Access Home Loan
Benefits
- Parents can sign as guarantor
Drawbacks
- No extra repayments
- No redraw and no offset
- Higher than average interest rate
- Ongoing fee
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays