- Home
- Home Loans
- LCU
- Intelligent Mortgage
Intelligent Mortgage
- Owner Occupied
- Variable
- 5% min deposit
- P&I
Interest rate p.a.
6.19%
Comparison rate* p.a.
6.25%
Intelligent Mortgage
- Owner Occupied
- Variable
- 5% min deposit
- P&I
Interest rate p.a.
6.19%
Comparison rate* p.a.
6.25%
LCU Variable Rate Home Loan overview
For Intelligent Mortgage Standard Variable (Principal and Interest) (New Customer)
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
95%
Total repayments
Interest rate type
Variable
Borrowing range
$50k - $300k
Suitable for
Owner Occupiers
Loan term range
0 - 30 years
Repayment type
Principal and Interest
Applicable states
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Repayment options
Fortnightly, Monthly, Weekly
Target Market Determination
Visit Laboratories Credit Union Limited T/A LCU 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
$1.6k
Application fee
$916
Legal fee
$310
Valuation fee
$350
Settlement fee
$0
Other upfront fee
$0
Ongoing fee
$0
Discharge fee
$200
Pros and Cons
For Intelligent Mortgage
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- 100% full offset account
- Suitable for low deposits
- Extra repayments and redraw facility
- Free redraw facility
Drawbacks
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
