First Choice Credit Union Mortgage Investment (Principal and Interest) | Review & Compare Home Loans | RateCity

Summary
Features & fees
Similar
About

Advertised Rate

3.90%

Intro 24 months

Comparison Rate*

4.79%

Maximum LVR

80%

Real Time Rating™

1.91 / 5

Monthly Repayment

$1,327

Pros and Cons

Pros

No ongoing fees
100% full offset account
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

First Choice Credit Union Fees and Features

Maximum LVR 80%	Interest rate structure Variable
Borrowing range $100k - $100m Calculate how much you can borrow	Total Repayments $477,720 View repayment schedule »
Principal & interest	Interest only
Loan term range 0 - 30 years	Offset account 100% offset account
Extra repayments Unlimited extra repayments	Redraw facility Redraw fee: $100
Allows split interest	Suitable For Investors
Applicable States ACT, NSW, NT, QLD, SA, TAS, VIC, WA	Make Repayments Fortnightly, Monthly, Weekly
Estimated upfront fees $865	Application fee $150
Settlement fee $0	Valuation fee $275
Legal fee $440	Ongoing fee $0
Discharge fee $100	Property Type
SMSF Trustee	Minimum SMSF Amount
Aggregator

Compare and review home loans with similar features

Reward Me Investment Loan (Principal and Interest) ($75k-$500k, LVR < 80%)

Real Time Rating™

3.61 / 5

Advertised Rate

Comparison Rate*

3.54%

Variable

3.70%

100% full offset account
Extra repayments + redraw services
Free redraw facility
Repayments may decrease if RBA cuts rates

More Flexibility

Inv UHomeLoan Fixed (Principal and Interest) 5 Years

Real Time Rating™

3.36 / 5

Advertised Rate

Comparison Rate*

3.24%

Fixed - 5 years

3.61%

No upfront or ongoing fees
Repayments will not change during fixed period

Rocket Investment Loan (Principal and Interest) (LVR < 70%)

Real Time Rating™

2.20 / 5

Advertised Rate

Comparison Rate*

5.28%

Variable

5.52%

100% full offset account
Parents can sign as guarantor
Extra repayments + redraw services
Comes with a credit card

Rate Chaser Ezy Prime (New Customer)

Real Time Rating™

4.63 / 5

Advertised Rate

Comparison Rate*

2.89%

Variable

2.94%

No ongoing fees
100% full offset account
Parents can sign as guarantor
Extra repayments + redraw services

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