The Works Package 2 year fixed Owner Occupied Principal & Interest
Packed with value and the peace of mind of a low rate.
Category: Home Loans Last Updated October 1, 2024 Effective November 1, 2024
General Lending Rates
Rates listed below are for a FIXED Owner Occupied P&I product. Additional Information
Interest Rate 5.59% PA
Comparison Rate 6.55%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
OWNER_OCCUPIED, VARIABLE, 6.24%
Lending Rate Type: Variable
Interest Rate: 6.24%, Comparison Rate 0.00%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
Product Features
OtherAdditional Information: Split loan option available
Product Eligibility
Min Age - 18. Additional Information: The minimum age to open a Loan account is 18.
Residency StatusAdditional Information: You must be an Australian citizen or permanent resident to apply.
OtherAdditional Information: LVR up to 80% subject to loan size, purpose & security offered (type, location)
OtherAdditional Information: LVR up to 98% subject to loan size, purpose, security offered (type, location) and LMI approval, Housing Australia Scheme approval or Family Guarantee approval
Bank Fees and Charges
Loan Administration Fees - The Works Package (Payment), Amount: 395.00.
Valuation Fee (Upfront), Amount: 149.00. Additional Information: At cost (minimum $149) payable at funding for costs incurred in obtaining a valuation
Property Substitution Fee (Payment), Amount: 300.00. Additional Information: Payable when you wish to change the security that is securing your mortgage loan, per property
Rate Lock Fee (Payment), Amount: Not Listed.. Additional Information: 0.15% of application amount or a min of $500 to a max of $1,000
Re-documentation Fee (Event), Amount: 300.00. Additional Information: Home loan only
Switching Fees (Upfront), Amount: 300.00. Additional Information: Payable when you convert your loan to another loan product type
Waived Works Application Fee (Upfront), Amount: 600.00.
Early Repayment Fees (Event), Amount: Not Listed..
Product Refix Fee (Event), Amount: 0.00.
Progress Inspection Fee (Event), Amount: 110.00.
Loan Security Fees (Event), Amount: 500.00. Additional Information: Documents include title search, registration of mortgage documents, and registration of discharge documents
Other Fees And Charges (Event), Amount: 1000.00. Additional Information: Fees are incurred at the time of the credit union processing the transactions, unless otherwise stated. These fees are in addition to any monthly account keeping fees.