People's Choice Home Loan Rates - August 2025

People’s Choice is a credit union that has been operating since 1949. Member-owned, its customers get a say in how the credit union is run. People’s Choice meets the same regulatory standards as banks and provides a wide range of financial products and services, including home loans, business accounts, and savings and investment products.

Minimum deposit

Loan type & Term

Your estimated mortgage repayments

Total interest

Total repayments

How much can I borrow?

Compare home loans

All calculations are estimates only; they are not guarantees, pre-qualifications or pre-approvals for borrowing. All results are based solely upon the data entered into the calculator.
It is assumed that data entered into the calculator, including interest rates, do not change for the lifetime of the loan - unless specified.
The Present Value provided by this calculator is displayed as the amount labelled 'Loan amount'.
At the end of the interest-only period, the rate may change. For this calculation, rate switches to the current rate.
The current rate is today’s average big 4 owner occupier advertised discounted variable rate (LVR 80%), unless you have inserted your own rate.
Interest is calculated by compounding on the same frequency as the repayment selected, i.e. weekly, fortnightly or monthly.

Months are assumed to be of equal length. However, given some months are longer than others, interest charged may vary depending upon the month.
One year is assumed to contain exactly 52 weeks or 26 fortnights. Thus each year has 364 days.
The calculator uses the unrounded repayment to derive the home loan summary line graph and repayment schedule. However, institutions may round repayments to the nearest cent.
Your final mortgage repayments or borrowing amount will depend on your lender’s eligibility criteria among other factors.
Calculator does not include the cost of fees or other extra charges.
Calculator does not account for changes to interest rates over time.
This calculator is for information purposes only. Any advice is general and has not taken into account your personal circumstances. Consider whether you need financial advice from a qualified adviser.
After the interest only term ends, your repayments will change based on the current* interest rate. This rate is subject to change. Read our full disclaimer.

People's Choice customer service

People’s Choice has branches in Adelaide, Melbourne and Darwin, as well as in regional locations in South Australia, Northern Territory and Victoria. Members can access their accounts and funds via ATMs, mobile banking and payment apps, internet banking and telephone banking facilities, as well as Bank@Post.

Customer service centre (phone)
Mobile banking and payment apps
Online banking
Online inquiries
Email
Branch network
Mobile home lenders

How to Apply

To become a member of People’s Choice, you need to complete a membership application. You can visit one of their branches, call the national contact centre or visit a Bank@Post outlet. Membership is open to any resident of Australia. Documents you need to apply for a home loan include:

Personal ID.
Proof of income – whether you are self-employed or work for an employer.
Proof of other income, including rental income.
Information regarding existing debts, liabilities and assets.

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People's Choice customer service

Customer service centre (phone)
Mobile banking and payment apps
Online banking
Online inquiries
Email
Branch network
Mobile home lenders

How to Apply

Personal ID.
Proof of income – whether you are self-employed or work for an employer.
Proof of other income, including rental income.
Information regarding existing debts, liabilities and assets.

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Your estimated mortgage repayments

Total interest

Total repayments

How much can I borrow?

Compare home loans

All calculations are estimates only; they are not guarantees, pre-qualifications or pre-approvals for borrowing. All results are based solely upon the data entered into the calculator.
It is assumed that data entered into the calculator, including interest rates, do not change for the lifetime of the loan - unless specified.
The Present Value provided by this calculator is displayed as the amount labelled 'Loan amount'.
At the end of the interest-only period, the rate may change. For this calculation, rate switches to the current rate.
The current rate is today’s average big 4 owner occupier advertised discounted variable rate (LVR 80%), unless you have inserted your own rate.
Interest is calculated by compounding on the same frequency as the repayment selected, i.e. weekly, fortnightly or monthly.

Months are assumed to be of equal length. However, given some months are longer than others, interest charged may vary depending upon the month.
One year is assumed to contain exactly 52 weeks or 26 fortnights. Thus each year has 364 days.
The calculator uses the unrounded repayment to derive the home loan summary line graph and repayment schedule. However, institutions may round repayments to the nearest cent.
Your final mortgage repayments or borrowing amount will depend on your lender’s eligibility criteria among other factors.
Calculator does not include the cost of fees or other extra charges.
Calculator does not account for changes to interest rates over time.
This calculator is for information purposes only. Any advice is general and has not taken into account your personal circumstances. Consider whether you need financial advice from a qualified adviser.
After the interest only term ends, your repayments will change based on the current* interest rate. This rate is subject to change. Read our full disclaimer.

5.74%

5.75%

$2,200

Australian Credit Licence 244310

Fees & charges apply

Basic Variable Home Loan

2024 Award Winner
Owner Occupied
Variable
5% min deposit
P&I

5.24%

5.25%

$2,095

Australian Credit Licence 244310

Fees & charges apply

Basic Variable Home Loan

Owner Occupied
Variable
30% min deposit
P&I

4.99%

5.32%

$2,044

Australian Credit Licence 244310

Fees & charges apply

Fixed Home Loan (First Home Buyer)

Owner Occupied
Fixed 3 years
20% min deposit
P&I

5.09%

5.35%

$2,064

Australian Credit Licence 244310

Fees & charges apply

Fixed Rate Loan

Owner Occupied
Fixed 3 years
20% min deposit
P&I

5.34%

5.35%

$2,116

Australian Credit Licence 244310

Fees & charges apply

Basic Variable Home Loan

Owner Occupied
Variable
20% min deposit
P&I

5.19%

5.38%

$2,085

Australian Credit Licence 244310

Fees & charges apply

Fixed Rate Loan

Owner Occupied
Fixed 2 years
20% min deposit
P&I

5.19%

5.39%

$2,085

Australian Credit Licence 244310

Fees & charges apply

Fixed Rate Loan

Owner Occupied
Fixed 1 year
20% min deposit
P&I

5.29%

5.40%

$2,106

Australian Credit Licence 244310

Fees & charges apply

Fixed Rate Loan

Owner Occupied
Fixed 4 years
20% min deposit
P&I

5.29%

5.40%

$2,106

Australian Credit Licence 244310

Fees & charges apply

Fixed Rate Loan

Owner Occupied
Fixed 5 years
20% min deposit
P&I

5.39%

5.40%

$2,126

Australian Credit Licence 244310

Fees & charges apply

Basic Variable Home Loan

Investor
Variable
30% min deposit
P&I

5.39%

5.43%

$2,126

Australian Credit Licence 244310

Fees & charges apply

Fixed Home Loan (First Home Buyer)

Owner Occupied
Fixed 3 years
5% min deposit
P&I

5.59%

5.43%

$2,168

Australian Credit Licence 244310

Fees & charges apply

Fixed Rate Loan

Owner Occupied
Fixed 1 year
5% min deposit
P&I

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Your estimated mortgage repayments

Basic Variable Home Loan

Basic Variable Home Loan

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Basic Variable Home Loan

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