Transport Mutual Credit Union 2 Year Fixed Home Loan (Interest Only) | Review & Compare Home Loans

Fixed Home Loan

On this page

Explore

Advertised Rate

3.39

% p.a

Fixed - 2 years

Comparison Rate*

3.72

% p.a

Maximum LVR

95%

Real Time Rating™

Monthly Repayment

$1,484

based on $300,000 loan amount for 25 years at 3.39%

On this page

Explore

Summary
Features & fees
Similar Products
Latest News

Advertised Rate

3.39

% p.a

Fixed - 2 years

Comparison Rate*

3.72

% p.a

Maximum LVR

95%

Real Time Rating™

Monthly Repayment

$1,484

based on $300,000 loan amount for 25 years at 3.39%

Calculate your repayments for this loan

Your estimated repayment

$1,484

based on $300,000 loan amount for 25 years at 3.39%

Based on your details, you can compare and save on the following home loans

Monthly Repayment

$1,199

based on $300,000 loan amount for 25 years at 2.09%

Advertised Rate

2.09

% p.a

Intro 24 months

Comparison Rate*

2.52

% p.a

Cashback

Refinance and get $3,000 cashback for new Owner Occupier and Investment Loans. Terms and Conditions apply.*~ Ends in 6 days

Real Time Rating™

More Features

Monthly Repayment

$1,147

based on $300,000 loan amount for 25 years at 1.85%

Advertised Rate

1.85

% p.a

Intro 24 months

Comparison Rate*

2.21

% p.a

Interest rates ranked in the best 20%
No ongoing fees
Extra repayments and redraw facility
Free redraw facility

Real Time Rating™

More Features

Monthly Repayment

$1,107

based on $300,000 loan amount for 25 years at 1.99%

Advertised Rate

1.99

% p.a

Variable

Comparison Rate*

2.02

% p.a

special

Yard’s low-rate variable special home loan~ Ends in about 1 month

Real Time Rating™

More Features

Quick home loan review

For 2 Year Fixed Home Loan (Interest Only)

These are the benefits of this home loan.

No ongoing fees
Suitable for low deposits
Extra repayments and redraw facility
Free redraw facility

These are the drawbacks of this home loan.

Higher than average interest rate
Loan reverts to higher rate after fixed period
Higher than average upfront fee
No repayment holidays

Home loan overview

For 2 Year Fixed Home Loan (Interest Only)

Details
Features
Fees
Application method

Details

Maximum LVR 95%	Total Repayments $254,400 View repayment schedule »
Next LVR	Interest rate type Fixed - 2 years
Borrowing range $100k - $5m Calculate how much you can borrow	Suitable for Owner Occupiers
Loan term range 1 - 30 years	Principal & interest
Interest only	Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make repayments Fortnightly, Monthly, Weekly

Features

Extra repayments Unlimited extra repayments	Offset account Partial offset account
Redraw facility Redraw fee: $0	Split interest facility
Loan portable	Repayment holiday available
Allow guarantors	Available for first home buyers

Fees

Total estimated upfront fees 375	Application fee 375
Legal fee At Cost	Valuation fee At Cost
Settlement fee 0	Other upfront fee 0
Ongoing fee $0	Discharge fee 0

Application method

Online	Phone
Broker	In branch

Compare and review home loans with similar features

Advertised Rate

1.89

% p.a

Fixed - 2 years

Comparison Rate*

3.67

% p.a

Cashback

Refinance and get $2,000 cashback for home loans over $250k with LVR ≤80%. Limited time offer extended, T&Cs apply.~ Ends in 3 months

Real Time Rating™

Advertised Rate

1.84

% p.a

Fixed - 2 years

Comparison Rate*

3.73

% p.a

Cashback

$3000 refinance cashback~ Ends in 3 months

Real Time Rating™

Advertised Rate

3.54

% p.a

Fixed - 2 years

Comparison Rate*

4.51

% p.a

Cashback

$2,000 cashback for refinancers~ Ends in 6 days

Real Time Rating™

Advertised Rate

1.99

% p.a

Fixed - 2 years

Comparison Rate*

3.88

% p.a

Cashback

Refinance and get $2,000 cashback for home loans over $250k with LVR ≤80%. Limited time offer extended, T&Cs apply.~ Ends in 3 months

Real Time Rating™

FAQs

The range you can borrow from this loan is $100k to $5,000,000.

This loan option comes with a maximum loan-to-value ratio of 95 percent, which means it requires a minimum deposit of 5 percent

Transport Mutual Credit Union allows you to have this loan for a range of 1 to 30 years.

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

While it could change based on your circumstances, RateCity estimates that this loan option comes with $375 worth of upfront fees.

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

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

View all

powering smart financial decisions