G&C Mutual Bank home loan repayment calculator

Thinking about taking out a home loan with G&C Mutual Bank? Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how G&C Mutual Bank home loans compare with other options.

I am an

With a repayment type

Borrow amount

$

Deposit amount %

Loan term

Your estimated mortgage repayments

at interest rate 1.99%

Total interest payable

$0

Total loan repayments

$0

Pros and cons

  • Flexible payment options.
  • Package and specialised loans available.
  • Suitable for small deposits.
  • High standard variable rate.
  • Annual fees on some loans.

G&C Mutual Bank home loans rates

Advertised Rate

1.99%

Variable

Total estimated upfront fees
$0
Comparison Rate*

2.01%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.19%

Variable

Total estimated upfront fees
$0
Comparison Rate*

2.21%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.19%

Fixed - 1 year

Total estimated upfront fees
$577
Comparison Rate*

2.24%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.29%

Variable

Total estimated upfront fees
$0
Comparison Rate*

2.31%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.39%

Variable

Total estimated upfront fees
$0
Comparison Rate*

2.41%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.39%

Variable

Total estimated upfront fees
$0
Comparison Rate*

2.41%

Ongoing fee
$0
Go to site
More details
Advertised Rate

1.98%

Fixed - 3 years

Total estimated upfront fees
$500
Comparison Rate*

2.45%

Ongoing fee
$375 annually
Go to site
More details
Advertised Rate

2.49%

Fixed - 1 year

Total estimated upfront fees
$577
Comparison Rate*

2.52%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.08%

Fixed - 3 years

Total estimated upfront fees
$500
Comparison Rate*

2.55%

Ongoing fee
$375 annually
Go to site
More details
Advertised Rate

2.59%

Variable

Total estimated upfront fees
$0
Comparison Rate*

2.61%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.59%

Variable

Total estimated upfront fees
$0
Comparison Rate*

2.61%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.64%

Variable

Total estimated upfront fees
$77
Comparison Rate*

2.66%

Ongoing fee
$0 annually
Go to site
More details
Advertised Rate

2.69%

Variable

Total estimated upfront fees
$0
Comparison Rate*

2.71%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.69%

Variable

Total estimated upfront fees
$0
Comparison Rate*

2.71%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.28%

Fixed - 3 years

Total estimated upfront fees
$500
Comparison Rate*

2.74%

Ongoing fee
$375 annually
Go to site
More details
Advertised Rate

2.69%

Fixed - 2 years

Total estimated upfront fees
$577
Comparison Rate*

2.74%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.38%

Fixed - 3 years

Total estimated upfront fees
$500
Comparison Rate*

2.84%

Ongoing fee
$375 annually
Go to site
More details
Advertised Rate

2.48%

Fixed - 3 years

Total estimated upfront fees
$500
Comparison Rate*

2.94%

Ongoing fee
$375 annually
Go to site
More details
Advertised Rate

2.89%

Fixed - 5 years

Total estimated upfront fees
$577
Comparison Rate*

2.94%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.89%

Fixed - 4 years

Total estimated upfront fees
$577
Comparison Rate*

2.94%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.89%

Fixed - 1 year

Total estimated upfront fees
$577
Comparison Rate*

2.94%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.89%

Fixed - 3 years

Total estimated upfront fees
$577
Comparison Rate*

2.94%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.99%

Fixed - 2 years

Total estimated upfront fees
$577
Comparison Rate*

3.02%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.99%

Fixed - 1 year

Total estimated upfront fees
$577
Comparison Rate*

3.02%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.58%

Fixed - 3 years

Total estimated upfront fees
$500
Comparison Rate*

3.04%

Ongoing fee
$375 annually
Go to site
More details
Advertised Rate

2.68%

Fixed - 3 years

Total estimated upfront fees
$500
Comparison Rate*

3.13%

Ongoing fee
$375 annually
Go to site
More details
Advertised Rate

3.09%

Fixed - 2 years

Total estimated upfront fees
$577
Comparison Rate*

3.14%

Ongoing fee
$0
Go to site
More details
Advertised Rate

3.19%

Fixed - 3 years

Total estimated upfront fees
$577
Comparison Rate*

3.22%

Ongoing fee
$0
Go to site
More details
Advertised Rate

3.19%

Fixed - 4 years

Total estimated upfront fees
$577
Comparison Rate*

3.22%

Ongoing fee
$0
Go to site
More details
Advertised Rate

3.19%

Fixed - 5 years

Total estimated upfront fees
$577
Comparison Rate*

3.22%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.78%

Fixed - 3 years

Total estimated upfront fees
$500
Comparison Rate*

3.23%

Ongoing fee
$375 annually
Go to site
More details
Advertised Rate

3.19%

Variable

Total estimated upfront fees
$577
Comparison Rate*

3.25%

Ongoing fee
$0
Go to site
More details
Advertised Rate

3.29%

Fixed - 2 years

Total estimated upfront fees
$577
Comparison Rate*

3.33%

Ongoing fee
$0
Go to site
More details
Advertised Rate

3.29%

Fixed - 3 years

Total estimated upfront fees
$577
Comparison Rate*

3.35%

Ongoing fee
$0
Go to site
More details
Advertised Rate

3.29%

Fixed - 5 years

Total estimated upfront fees
$577
Comparison Rate*

3.35%

Ongoing fee
$0
Go to site
More details
Advertised Rate

3.29%

Fixed - 4 years

Total estimated upfront fees
$577
Comparison Rate*

3.35%

Ongoing fee
$0
Go to site
More details
Advertised Rate

3.49%

Fixed - 4 years

Total estimated upfront fees
$577
Comparison Rate*

3.53%

Ongoing fee
$0
Go to site
More details
Advertised Rate

3.49%

Fixed - 3 years

Total estimated upfront fees
$577
Comparison Rate*

3.53%

Ongoing fee
$0
Go to site
More details
Advertised Rate

3.49%

Fixed - 5 years

Total estimated upfront fees
$577
Comparison Rate*

3.53%

Ongoing fee
$0
Go to site
More details
Advertised Rate

3.77%

Variable

Total estimated upfront fees
$577
Comparison Rate*

3.83%

Ongoing fee
$0
Go to site
More details
Advertised Rate

3.59%

Variable

Total estimated upfront fees
$77
Comparison Rate*

3.99%

Ongoing fee
$375 annually
Go to site
More details
Advertised Rate

3.64%

Variable

Total estimated upfront fees
$77
Comparison Rate*

4.04%

Ongoing fee
$375 annually
Go to site
More details
Advertised Rate

4.15%

Variable

Total estimated upfront fees
$77
Comparison Rate*

4.54%

Ongoing fee
$375 annually
Go to site
More details
Advertised Rate

4.50%

Variable

Total estimated upfront fees
$577
Comparison Rate*

4.56%

Ongoing fee
$0
Go to site
More details
Advertised Rate

4.65%

Variable

Total estimated upfront fees
$577
Comparison Rate*

4.69%

Ongoing fee
$0
Go to site
More details
Advertised Rate

4.35%

Variable

Total estimated upfront fees
$77
Comparison Rate*

4.73%

Ongoing fee
$375 annually
Go to site
More details
Advertised Rate

4.96%

Variable

Total estimated upfront fees
$577
Comparison Rate*

5.02%

Ongoing fee
$0
Go to site
More details
Advertised Rate

5.04%

Variable

Total estimated upfront fees
$0
Comparison Rate*

5.04%

Ongoing fee
$0
Go to site
More details
Advertised Rate

5.16%

Variable

Total estimated upfront fees
$577
Comparison Rate*

5.20%

Ongoing fee
$0
Go to site
More details
Advertised Rate

5.50%

Variable

Total estimated upfront fees
$0
Comparison Rate*

5.50%

Ongoing fee
$0
Go to site
More details

G&C Mutual Bank customer service

Home loan customers at G&C Mutual are able to contact the bank in a variety of ways. These include a general customer phone line, via email and online. Customers can also make an appointment with a Local Business Manager via the G&C website. Customers wanting more immediate assistance can meet with a G&C staff member in person at one of their customer service centres. 

  • Customer service centre (phone)
  • Mobile app
  • Online banking
  • Email
  • Branch

How to Apply

Potential customers of G&C Mutual can apply for a home loan through a number of different channels. These include an online enquiry form and application form on the G&C website and customers can also apply via phone, or make a home or workplace appointment with a home loan specialist. There is also the option to apply in person at a G&C Mutual service centre. Before applying for a home loan it is advisable to think about how much money you could conceivably borrow given your financial situation and income. You will also need to provide documentation when applying for a home loan. This will include:

  • Personal identification documents.
  • Proof of employment.
  • Proof of income, assets and other earnings.
  • Details on your current debts, liabilities and assets.
  • Personal insurance documents.

Refinancers will also have to provide home loan statements for the past three months and a current payout quote for the loan you wish to refinance. 

Learn more about home loans

How can I apply for a first home buyers loan with Commonwealth Bank?

Getting a home loan requires planning and research. If you are considering a home loan with the Commonwealth Bank, you can find the information you need in the buying your first home section of the bank’s website.

You can see the steps you should take before applying for the loan and use the calculators to work out how much you can borrow, what your monthly repayments would be and the upfront costs you’d likely pay.

You can also book a time with a Commonwealth first home loan specialist by calling 13 2221.

CommBank publishes a property report that may help you understand the real estate market. The bank has also created a CommBank Property App that you can use to search for property.  The link to download this app is available on the same webpage.

If you are eligible for the First Home Loan Deposit Scheme, CommBank will help you process your application. The scheme helps first home buyers to purchase a home with a low deposit. You can read details about this scheme here and speak with a CommBank home lending specialist to understand your options.

How do I apply for a home improvement loan?

When you want to renovate your home, you may need to take out a loan to cover the costs. You could apply for a home improvement loan, which is a personal loan that you use to cover the costs of your home renovations. There is no difference between applying for this type of home improvement loan and applying for a standard personal loan. It would be best to check and compare the features, fees and details of the loan before applying. 

Besides taking out a home improvement loan, you could also:

  1. Use the equity in your house: Equity is the difference between your property’s value and the amount you still owe on your home loan. You may be able to access this equity by refinancing your home loan and then using it to finance your home improvement.  Speak with your lender or a mortgage broker about accessing your equity.
  2. Utilise the redraw facility of your home loan: Check whether the existing home loan has a redraw facility. A redraw facility allows you to access additional funds you’ve repaid into your home loan. Some lenders offer this on variable rate home loans but not on fixed. If this option is available to you, contact your lender to discuss how to access it.
  3. Apply for a construction loan: A construction loan is typically used when constructing a new property but can also be used as a home renovation loan. You may find that a construction loan is a suitable option as it enables you to draw funds as your renovation project progresses. You can compare construction home loans online or speak to a mortgage broker about taking out such a loan.
  4. Look into government grants: Check whether there are any government grants offered when you need the funds and whether you qualify. Initiatives like the HomeBuilder Grant were offered by the Federal Government for a limited period until April 2021. They could help fund your renovations either in full or just partially.  

How to apply for a pre-approval home loan from Bendigo Bank?

Applying for pre-approval on your home loan gives you confidence in your ability to secure finance while looking at potential new homes. You can get a free and personalised pre-approval home loan from Bendigo Bank in just a few minutes, without any credit checks or paperwork. 

Bendigo Bank offers pre-approval for home loans that allow you to understand the home loan size you may be able to get before looking for a new home. 

With the pre-approval, Bendigo Bank provides an estimate of your borrowing power. This figure incorporates stamp duty, lenders mortgage insurance (LMI) and any first home buyer incentives you may be eligible for. You may also qualify for the First Home Loan Deposit Scheme initiative, depending on your circumstances. 

To apply for a pre-approval on your home loan from Bendigo Bank, all you need to do is fill in a smart form. You could also contact the bank directly on 1300 236 344.

How do I apply for Westpac’s first home buyer loan?

If you’re a first home buyer looking to apply for a home loan with Westpac, they offer an online home loan application. They suggest the application can be completed in about 20 minutes. Based on the information you provide, Westpac will advise you the amount you can borrow and the costs associated with any possible home loan. 

You can use Westpac’s online mortgage calculators to estimate your borrowing power. You can also work out the time it might take to save up for the deposit, and the size of your home loan repayments

When applying for a home loan with Westpac, you’re assigned a home finance manager who can address your concerns and provide information. The manager will also offer guidance on any government grants you may be eligible for. 

Can I take a personal loan after a home loan?

Are you struggling to pay the deposit for your dream home? A personal loan can help you pay the deposit. The question that may arise in your mind is can I take a home loan after a personal loan, or can you take a personal loan at the same time as a home loan, as it is. The answer is that, yes, provided you can meet the general eligibility criteria for both a personal loan and a home loan, your application should be approved. Those eligibility criteria may include:

  • Higher-income to show repayment capability for both the loans
  • Clear credit history with no delays in bill payments or defaults on debts
  • Zero or minimal current outstanding debt
  • Some amount of savings
  • Proven rent history will be positively perceived by the lenders

A personal loan after or during a home loan may impact serviceability, however, as the numbers can seriously add up. Every loan you avail of increases your monthly installments and the amount you use to repay the personal loan will be considered to lower the money available for the repayment of your home loan.

As to whether you can get a personal loan after your home loan, the answer is a very likely "yes", though it does come with a caveat: as long as you can show sufficient income to repay both the loans on time, you should be able to get that personal loan approved. A personal loan can also help to improve your credit score showing financial discipline and responsibility, which may benefit you with more favorable terms for your home loan.

Can first home buyers apply for an ING home loan?

First home buyers can apply for an ING home loan, but first, they need to select the most suitable home loan product and calculate the initial deposit on their home loan. 

First-time buyers can also use ING’s online tool to estimate the amount they can borrow. ING offers home loan applicants a free property report to look up property value estimates. 

First home loan applicants struggling to understand the terms used may consider looking up ING’s first home buyer guide. Once the home buyer is ready to apply for the loan, they can complete an online application or call ING at 1800 100 258 during regular business hours.

How to apply for a home loan pre-approval from St. George?

By applying for a home loan pre-approval, you can establish how much you can afford to borrow and look for houses within that pre-approved budget. Getting home loan pre-approval from St. George is a fairly simple process that can be completed within 15 minutes. 

The first step in this process is completing a home loan application. Once that application is submitted, a home loan expert from St. George will contact you to understand your requirements and your current financial position. You could also directly contact a home loan expert at the bank by calling 13 33 30 or by visiting your nearest branch. 

Once the application has been processed, the home loan expert will ask for some basic documentation to confirm your borrowing capacity. After this, you should be issued a home loan pre-approval, subject to certain conditions. 

Based on your home loan pre-approval from St. George, you can then find a property and make an offer. Your home loan expert will arrange to have the property valued and may request for more documentation, taking your home loan application to the next step. 

 

 

What are the benefits of getting a pre-approved home loan from Citibank?

While hunting for your dream home, getting a Citibank home loan pre-approval can have multiple benefits, which include:

  • You'll have an idea on your personal price range, which can save time to find your home.
  • With a pre-approved home loan, you may find yourself with more financial control to better decide how much you can spend.
  • A Citibank pre-approved home loan is a commitment  by a lender that signals you're ready to jump into the property market.

You can apply for pre-approval by providing basic details, such as name, email, and phone number on the bank’s website. Alternatively, you can contact the bank on 1300 361 922 or find a home lending officer on the website.

Can I get a NAB first home loan?

The First Home Loan Deposit Scheme of NAB helps first home buyers purchase a property sooner by reducing the upfront costs required. This scheme is offered based on a Government-backed initiative, with10,000 available places announced in October 2020.

Suppose your application for the NAB first home buyer loan is successful. In that case, you’ll only need to pay a low deposit, between 5 and 20 per cent of the property value and won’t be asked to pay lender's mortgage insurance (LMI). You’ll also receive a limited guarantee from the Australian government to purchase the property.

If you’re applying for the NAB first home buyer home loan as an individual, you need to have earned less than $125,000 in the last financial year. Couples applying for the NAB first home loan need to have earned less than $200,000 to be eligible. To be considered a couple, you need to be married or in a de facto relationship. A parent and child, siblings or friends are not considered a couple when applying for a NAB first home loan.

The NAB First Home Loan Deposit Scheme is currently offered only to purchase a brand new property, rather than an established property.

Where can I get all the information about an ANZ first home buyer’s loan?

As a first home buyer, you may require help and hand-holding, and as such ANZ has the buying your first home section on its website full of important information. ANZ also has a form in this section you can fill out to get a free consultation from an ANZ First Home Coach and create your own plan for buying your first home. This coach will help you understand where your current income is being spent and plan for your home loan repayments. You’ll get a clear picture of the costs involved in purchasing a property and how to budget or save for these costs. The coach will help you understand different deposit options and manage your accounts to enhance your savings.

There are three types of ANZ first home loans - Standard Variable, Fixed, and Equity Manager. The features, interest rates, and terms for each are different, and you can compare them here.

When they apply for an ANZ home loan, first home buyers can also get guidance on applying for the First Home Owner Grant (FHOG). This is a one-off government grant that may be available to you when you’re buying your first home. The eligibility criteria for FHOG differs between the different states and territories, which is why it’s helpful to have expert advice when applying.

Why should I get an ING home loan pre-approval?

When you apply for an ING home loan pre-approval, you might be required to provide proof of employment and income, savings, as well as details on any on-going debts. The lender could also make a credit enquiry against your name. If you’re pre-approved, you will know how much money ING is willing to lend you. 

Please note, however, that a pre-approval is nothing more than an idea of your ability to borrow funds and is not the final approval. You should receive the home loan approval  only after finalising the property and submitting a formal loan application to the lender, ING. Additionally, a pre-approval does not stay valid indefinitely, since your financial circumstances and the home loan market could change overnight.

 

 

Does Westpac offer loan maternity leave options?

Having a baby or planning for one can bring about a lot of changes in your life, including to the hip pocket. You may need to re-do the budget to make sure you can afford the upcoming expenses, especially if one partner is taking parental leave to look after the little one. 

Some families find it difficult to meet their home loan repayment obligations during this period. Flexible options, such as the Westpac home loan maternity leave offerings, have been put together to help reduce the pressure of repayments during parental leave.

Westpac offers a couple of choices, depending on your circumstances:

  • Parental Leave Mortgage Repayment Reduction: You could get your home loan repayments reduced for up to 12 months for home loans with a term longer than a year. 
  • Mortgage Repayment Pause: You can pause repayments while on maternity leave, provided you’ve made additional repayments earlier.

When applying for a home loan while pregnant, Westpac has said it will recognise paid maternity leave and back-to-work salaries. All you need is a letter from your employer verifying your return-to-work date and the nature of your employment. Your partner’s income, government entitlements, savings and investments will may help your application.

What is the average length of a home loan?

Most Aussie lenders offer home loans with a 30-year term, meaning that you should pay back the full loan amount and the interest you owe on the amount in 30 years. 

However, home loans can also have a shorter or longer term. They may be as low as ten years or up to 45 years, depending on the product and lender. 

It’s worth remembering that a longer loan term usually means you’ll end up paying a lot more interest in total, but your scheduled repayments may be more manageable. In contrast, you could opt for a shorter loan term if you are comfortable making large repayments in exchange for paying less interest over the term of the loan.

How do you qualify for a CBA home loan with casual employment?

Qualifying for a home loan without a full-time job may be challenging, but it can be done. The first step is to understand how a CBA home loan is assessed when you have casual employment.

Most lenders will assess your expenses and savings while checking your loan eligibility, checking on factors crucial to home loan approval, such as if your bills are paid on time and what your credit score presently looks like. 

Your income can be one of the most critical factors to determine your final approved home loan amount. As such, you’ll need to provide payslip copies to lenders to assist them in assessing your income during the loan tenure, regardless of your employment status, full-time, part-time, or otherwise.

Casual employees will want to be casually employed for at least 12 months to be eligible for a home loan. Alternatively, you want to have worked as a permanent casual worker (working for a fixed number of hours per week) for at least one month, or you should have been in your current job for a minimum of three months (if the hours are irregular) to be eligible for the loan.

How can I get ANZ home loan pre-approval?

Shopping for a new home is an exciting experience and getting a pre-approval on the loan may give you the peace of mind that you are looking at properties within your budget. 

At the time of applying for the ANZ Bank home loan pre-approval, you will be required to provide proof of employment and income, along with records of your savings and debts.

An ANZ home loan pre-approval time frame is usually up to three months. However, being pre-approved doesn’t necessarily mean you will get your home loan. Other factors could lead to your home loan application being rejected, even with a prior pre-approval. Some factors include the property evaluation not meeting the bank’s criteria or a change in your financial circumstances.

You can make an application for ANZ home loan pre-approval online or call on 1800100641 Mon-Fri 8.00 am to 8.00 pm (AEST).