Basic Variable Home Loan (Principal and Interest) (LVR < 80%)

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Customise your mortgage repayments by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

Pros:
  • Extra low interest rate for refinancers
  • No ongoing fees
  • Extra repayments + redraw services
  • Repayments may decrease if RBA cuts rates
Cons:
  • Discharge fee at end of loan
  • Repayments may increase if RBA raises rates

Details & Fees

Maximum LVR
Maximum LVR
80%
Interest rate structure
Interest rate structure
Variable
Borrowing range
Borrowing range
$50k - $1m
Total repayments
Total repayments
$579,312
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
5 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Unlimited extra repayments
Redraw facility
Redraw facility
Redraw fee: $15
Allows split interest
Allows split interest
Suitable For
Suitable ForOwner Occupiers
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly, Weekly
Estimated upfront fees
Estimated upfront fees
$990.00
Application fee
Application fee
$600
Settlement fee
Settlement fee
$0
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$390
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee
$300
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount
Maximum LVR
Maximum LVR
80%
Interest rate structure
Interest rate structure
Variable
Borrowing range
Borrowing range
$50k - $1m
Total repayments
Total repayments
$579,312
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
5 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Unlimited extra repayments
Redraw facility
Redraw facility
Redraw fee: $15
Allows split interest
Allows split interest
Suitable For
Suitable ForOwner Occupiers
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly, Weekly
Estimated upfront fees
Estimated upfront fees
$990.00
Application fee
Application fee
$600
Settlement fee
Settlement fee
$0
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$390
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee
$300
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount
Other Benefits
Legal Fees are charged at cost. Comparison rate calculation is based on legal fess of $390, but actual fees vary.

Community First Credit Union is a mutual organisation that has been in operation since 1959. Unlike banks, who make profits to pay dividends to shareholders, it’s a member-owned and -run financial institution.

Community First Credit Union is based in New South Wales, has 68,000 customers throughout Australia and $940 million in assets.

Community First Credit Union doesn’t have an extensive range of home loans. Instead, it focuses on delivering competitive mortgage rates on the mortgages it offers.

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