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- Fixed Rate 18 months Special Construction offer (Owner Occupied)
Fixed Rate 18 months Special Construction offer (Owner Occupied)
- Investor
- Fixed null year
- 20% min deposit
- P&I
Interest rate p.a.
6.39%
Comparison rate* p.a.
8.22%
Fixed Rate 18 months Special Construction offer (Owner Occupied)
- Investor
- Fixed null year
- 20% min deposit
- P&I
Interest rate p.a.
6.39%
Comparison rate* p.a.
8.22%
GMCU Fixed - 1.5 years Rate Home Loan overview
For Fixed Rate Investment Loan 18 months - Special construction offer
No owner occupier products available
Details
Maximum LVR
80%
Total repayments
Interest rate type
Fixed - 1.5 years
Borrowing range
$150k - $750k
Suitable for
Investors
Loan term range
1 - 30 years
Repayment type
Principal and Interest
Applicable states
VIC
Repayment options
Fortnightly, Monthly, Weekly
Target Market Determination
Visit Goulburn Murray 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
$300
Application fee
$0
Legal fee
$0
Valuation fee
$0
Settlement fee
$0
Other upfront fee
$300
Ongoing fee
$8
Discharge fee
$150
Pros and Cons
For Fixed Rate 18 months Special Construction offer (Owner Occupied)
Benefits
- Interest rates ranked in the best 20%
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- No offset account
- Loan reverts to higher rate after fixed period
- Ongoing fee
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
