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Police Credit Union

Fixed Investment Loan

Advertised Rate

2.89

% p.a

Fixed - 4 years

Comparison Rate*

3.53

% p.a

Maximum LVR
90%
Real Time Rating™

1.59

/ 5
Monthly Repayment

$1,406

based on $300,000 loan amount for 25 years at 2.89%

Advertised Rate

2.89

% p.a

Fixed - 4 years

Comparison Rate*

3.53

% p.a

Maximum LVR
90%
Real Time Rating™

1.59

/ 5
Monthly Repayment

$1,406

based on $300,000 loan amount for 25 years at 2.89%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,406

based on $300,000 loan amount for 25 years at 2.89%

Quick home loan review

For Fixed Investment Loan (Principal and Interest) (LVR 80%-90%) 4 Years

These are the benefits of this home loan.

  • Lower than average interest rate
  • No ongoing fees

These are the drawbacks of this home loan.

  • Limited extra repayments
  • No redraw and no offset
  • Loan reverts to higher rate after fixed period
  • Not available for first home buyers
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Fixed Investment Loan (Principal and Interest) (LVR 80%-90%) 4 Years

Details

Maximum LVR

90%

Total Repayments

Next LVR

Interest rate type

Fixed - 4 years

Borrowing range

Suitable for

Investors

Loan term range

0 - 30 years

Principal & interest

Interest only

Applicable states

SA

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Yes - limited to $20000

Redraw facility

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

625

Application fee

420

Valuation fee

$205

Settlement fee

0

Other upfront fee

0

Ongoing fee

$0

Discharge fee

163

Application method

Online

Phone

Broker

In branch

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $150k to $99,999,999.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 90 percent, which means it requires a minimum deposit of 10 percent

What's the maximum length for this loan?

Police Credit Union allows you to have this loan for a range of 0 to 30 years.

How often can you make repayments?

Police Credit Union allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $625 worth of upfront fees.

Does this loan come with a redraw facility?

No, this loan doesn't come with a redraw facility.

Where can you apply for this loan?

Police Credit Union makes it possible to apply for this product online. Apply here.