The Works Investment Loan (Interest Only)
- No upfront fees
- 100% full offset account
- Extra repayments + redraw services
- Comes with a credit card
- Annual fee charged
- Repayments may increase if RBA raises rates
Interest rate structure
$150k - $100m
Principal & interest
Loan term range
5 - 30 years
100% offset account
Unlimited extra repayments
Redraw fee: $0
Allows split interest
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Estimated upfront fees
Minimum SMSF Amount
Annual Fee of $250 refunded for the first year
Compare and review home loans with similar features
Illawarra Credit Union has been serving the Illawarra region since 1972. It is community focused and aims to help members map and achieve their financial strategy. Customers of Illawarra Credit Union must also become a member of the union and therefore have a say in how it is run. One of the main points of difference here is that Illawarra’s profits are reinvested into the business, unlike the major banks where the profits go to the shareholders.
Illawarra offers a full range of financial products and services, including:
- Home loans.
- Personal loans.
- Savings accounts.
- Everyday transaction accounts.
- Term deposits.
- Business banking solutions.
Illawarra Credit Union Home Loan Calculator
Interested in a Illawarra home loan? RateCity has a suite of calculators that can show you what your repayments would be and how Illawarra compares to its competitors. Simply plug in your borrowing amount below.