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- South West Slopes Credit Union
- Discounted Standard Variable Home Loan
Discounted Standard Variable Home Loan
- Owner Occupied
- Variable
- 20% min deposit
- P&I
Interest rate p.a.
6.20%
Comparison rate* p.a.
6.60%
Discounted Standard Variable Home Loan
- Owner Occupied
- Variable
- 20% min deposit
- P&I
Interest rate p.a.
6.20%
Comparison rate* p.a.
6.60%
South West Slopes Credit Union Intro 12 months Rate Home Loan overview
For Discounted Standard Variable Home Loan (Principal and Interest)
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
80%
Total repayments
Interest rate type
Intro 12 months
Borrowing range
$100k - $100m
Suitable for
Owner Occupiers
Loan term range
1 - 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 South West Slopes Credit Union 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
$0
Application fee
$0
Legal fee
$0
Valuation fee
$0
Settlement fee
$0
Other upfront fee
$0
Ongoing fee
$0
Discharge fee
$0
Pros and Cons
For Discounted Standard Variable Home Loan
Benefits
- Interest rates ranked in the best 20%
- No upfront or ongoing fees
- 100% full offset account
- Extra repayments and redraw facility
- Free redraw facility
Drawbacks
- Loan reverts to higher rate after introductory period
- No repayment holidays