The Capricornian home loan repayment calculator

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

I am an

With a repayment type

Borrow amount

$

Deposit amount %

Loan term

Your estimated repayments

at interest rate 2.89 %

Total interest payable

$0

Total amount payable

$0

Pros and cons

  • Personalised service.
  • Opportunity to bundle other financial products.
  • Generous introductory rate period.
  • Must be a member and apply in branch.
  • Higher rates for smaller variable loans.
  • Limited branch access.

The Capricornian home loans rates

Product
Advertised Rate
Total estimated upfront fees
Comparison Rate*
Ongoing fee
Go to site
Company

2.89%

Variable

$0

2.92%

$0
The Capricornian
More details

3.09%

Variable

$0

3.13%

$0
The Capricornian
More details

3.19%

Variable

$600

3.22%

$0
The Capricornian
More details

3.29%

Variable

$0

3.33%

$0
The Capricornian
More details

3.39%

Variable

$600

3.43%

$0
The Capricornian
More details

3.59%

Variable

$600

3.63%

$0
The Capricornian
More details

2.64%

Fixed - 3 years

$600

3.83%

$0
The Capricornian
More details

2.84%

Fixed - 3 years

$600

3.89%

$0
The Capricornian
More details

2.54%

Fixed - 2 years

$600

3.94%

$0
The Capricornian
More details

2.74%

Fixed - 2 years

$600

3.98%

$0
The Capricornian
More details

3.39%

Fixed - 3 years

$600

4.03%

$0
The Capricornian
More details

3.29%

Fixed - 2 years

$600

4.08%

$0
The Capricornian
More details

3.59%

Fixed - 3 years

$600

4.08%

$0
The Capricornian
More details

3.49%

Fixed - 2 years

$600

4.11%

$0
The Capricornian
More details

4.10%

Variable

$600

4.14%

$0
The Capricornian
More details

2.80%

Fixed - 3 years

$600

4.18%

$0
The Capricornian
More details

3.05%

Fixed - 3 years

$600

4.25%

$0
The Capricornian
More details

2.70%

Fixed - 2 years

$600

4.31%

$0
The Capricornian
More details

3.35%

Fixed - 3 years

$600

4.33%

$0
The Capricornian
More details

2.95%

Fixed - 2 years

$600

4.36%

$0
The Capricornian
More details

3.35%

Fixed - 3 years

$400

4.36%

$10 monthly
The Capricornian
More details

3.60%

Fixed - 3 years

$600

4.39%

$0
The Capricornian
More details

3.25%

Fixed - 2 years

$600

4.41%

$0
The Capricornian
More details

3.20%

Fixed - 2 years

$400

4.44%

$10 monthly
The Capricornian
More details

3.50%

Fixed - 2 years

$600

4.46%

$0
The Capricornian
More details

4.52%

Variable

$600

4.56%

$0
The Capricornian
More details

4.60%

Variable

$600

4.64%

$0
The Capricornian
More details

4.10%

Fixed - 3 years

$400

4.67%

$10 monthly
The Capricornian
More details

3.95%

Fixed - 2 years

$400

4.69%

$10 monthly
The Capricornian
More details

4.68%

Variable

$400

4.72%

$10 monthly
The Capricornian
More details

4.82%

Variable

$600

4.86%

$0
The Capricornian
More details

5.18%

Variable

$400

5.32%

$10 monthly
The Capricornian
More details

5.18%

Variable

$500

5.33%

$10 monthly
The Capricornian
More details

The Capricornian customer service

The Capricornian has a head office in Rockhampton, Queensland, and has a few other branches in Central Queensand which you can visit five days a week. Customers are also able to conduct telephone or internet banking 24/7. They also offer access to RediATM facilities,  which includes the thousands of NAB terminals and Cashcard ATMs around Australia.

  • Customer service centre (phone)
  • ATMs
  • Mobile app
  • Online banking
  • Email inquiries
  • Queensland branches

How to Apply

The Capricornian is a member-owned financial institution and to become a member, you need to buy a share. But then you’ll become a part owner of the credit union. You’ll need to be an Australian resident to apply in person at a Capricornian branch.  Documents you need to apply for a home loan include:

  • Personal identification material.
  • Proof of income – whether you are self-employed or work for an employer.
  • Proof of other income, including rental income.
  • Information regarding your current debts, liabilities and assets.

Learn more about The Capricornian

What do mortgage brokers do?

Mortgage brokers are finance professionals who help borrowers organise home loans with lenders. As such, they act as middlemen between borrowers and lenders.

While bank staff recommend home loan products only from their own employer, brokers are independent, so they can recommend products from a range of institutions.

Brokers need to be accredited with a particular lender to be able to work with that lender. A typical broker will be accredited with anywhere from 10 to 30 lenders – the big four banks, as well as a range of smaller banks, credit unions and non-bank lenders.

As a general rule, brokers don’t charge consumers for their services; instead, they receive commissions from lenders whenever they place a borrower with that institution.

What is a redraw fee?

Redraw fees are charged by your lender when you want to take money you have already paid into your mortgage back out. Typically, banks will only allow you to take money out of your loan if you have a redraw facility attached to your loan, and the money you are taking out is part of any additional repayments you’ve made. The average redraw fee is around $19 however there are plenty of lenders who include a number of fee-free redraws a year. Tip: Negative-gearers beware – any money redrawn is often treated as new borrowing for tax purposes, so there may be limits on how you can use it if you want to maximise your tax deduction.

Mortgage Calculator, Interest Rate

The percentage of the loan amount you will be charged by your lender to borrow. 

How personalised is my rating?

Real Time Ratings produces instant scores for loan products and updates them based what you tell us about what you’re looking for in a loan. In that sense, we believe the ratings are as close as you get to personalised; the more you tell us, the more we customise to ratings to your needs. Some borrowers value flexibility, while others want the lowest cost loan. Your preferences will be reflected in the rating. 

We also take a shorter term, more realistic view of how long borrowers hold onto their loan, which gives you a better idea about the true borrowing costs. We take your loan details and calculate how much each of the relevent loans would cost you on average each month over the next five years. We assess the overall flexibility of each loan and give you an easy indication of which ones are likely to adjust to your needs over time. 

Interest Rate

Your current home loan interest rate. To accurately calculate how much you could save, an accurate interest figure is required. If you are not certain, check your bank statement or log into your mortgage account.

What is breach of contract?

A failure to follow all or part of a contract or breaking the conditions of a contract without any legal excuse. A breach of contract can be material, minor, actual or anticipatory, depending on the severity of the breaches and their material impact.

How much deposit do I need for a home loan from NAB?

The right deposit size to get a home loan with an Australian lender will depend on the lender’s eligibility criteria and the value of your property.

Generally, lenders look favourably on applicants who save up a 20 per cent deposit for their property This also means applicants do not have to pay Lenders Mortgage Insurance (LMI). However, you may still be able to obtain a mortgage with a 10 - 15 per cent deposit.  

Keep in mind that NAB is one of the participating lenders for the First Home Loan Deposit Scheme, which allows eligible borrowers to buy a property with as low as a 5 per cent deposit without paying the LMI. The Federal Government guarantees up to 15 per cent of the deposit to help first-timers to become homeowners.

What is the amortisation period?

Popularly known as the loan term, the amortisation period is the time over which the borrower must pay back both the loan’s principal and interest. It is usually determined during the application approval process.

Does Real Time Ratings' work for people who already have a home loan?

Yes. If you already have a mortgage you can use Real Time RatingsTM to compare your loan against the rest of the market. And if your rate changes, you can come back and check whether your loan is still competitive. If it isn’t, you’ll get the ammunition you need to negotiate a rate cut with your lender, or the resources to help you switch to a better lender.

What is a building in course of erection loan?

Also known as a construction home loan, a building in course of erection (BICOE) loan loan allows you to draw down funds as a building project advances in order to pay the builders. This option is available on selected variable rate loans.

What is a valuation and valuation fee?

A valuation is an assessment of what your home is worth, calculated by a professional valuer. A valuation report is typically required whenever a property is bought, sold or refinanced. The valuation fee is paid to cover the cost of preparing a valuation report.

Mortgage Calculator, Loan Results

These are the loans that may be suitable, based on your pre-selected criteria. 

Mortgage Calculator, Repayments

The money you pay back to your lender at regular intervals. 

Mortgage Calculator, Repayment Frequency

How often you wish to pay back your lender. 

What is appraised value?

An estimation of a property’s value before beginning the mortgage approval process. An appraiser (or valuer) is an expert who estimates the value of a property. The lender generally selects the appraiser or valuer before sanctioning the loan.