My Credit Union

Fixed Rate Home Loan

Print


 

Fixed Rate Home Loan

Our Fixed Rate Home Loan can give you the certainty of a fixed interest rate, and the peace of mind of knowing your repayments won't change during the fixed period.

  • Easier budgeting
  • Choose from weekly, fortnightly or monthly repayments
  • Lock in your rate when you apply2
  • Loan Protection Insurance available

Product Information for loans over $100,000-$150,000

Product Information for loans over $150,000-$250,000

Product Information for loans over $250,000+

4.31% pa
1 year Fixed Rate
(LVR up to 80%)

4.42% pa
Comparison Rate

Apply NowRequest a call back

 

Fixed Rate Investment Loan

  • Easier budgeting
  • Choose from weekly, fortnighly or monthly repayments
  • Lock in your rate when you apply3
  • Loan Protection Insurance available

Product Information for loans over $100,000-$150,000

Product Information for loans over $150,000-$250,000

Product Information for loans over $250,000+

R.O.A.
3 year Fixed Rate
(LVR up to 80%)

R.O.A.
Comparison Rate

Apply NowRequest a call back

 


  Fixed Rate Home Loan - Key Features:

Fixed Rate Home Loan - Owner Occupied
Interest Rates
Fixed interest rateFrom 4.31% pa 1 year1
Comparison rateFrom 4.42% pa 1 year2
Owner Occupied $100k to $150k
1 Year - Fixed Interest Rate - $100k to $150k4.56% pa1
1 Year - Comparison Rate - $100k to $150k5.24% pa3
2 Year - Fixed Interest Rate - $100k to $150k 4.68% pa1
2 Year - Comparison Interest Rate - $100k to $150k 5.21% pa3
3 Year - Fixed Interest Rate - $100k to $150k 4.85% pa1
3 Year - Comparison Interest Rate - $100k to $150k5.22% pa3
4 Year - Fixed Interest Rate - $100k to $150k 5.05% pa1
4 Year - Comparison Interest Rate - $100k to $150k 5.25% pa3
5 Year - Fixed Interest Rate - $100k to $150k 5.21% pa1
5 Year - Comparison Interest Rate - $100k to $150k5.30% pa3
Owner Occupied $150k to $250k
1 Year - Fixed Interest Rate - $150k to $250k4.46% pa1
1 Year - Comparison Rate - $150k to $250k 5.05% pa4
2 Year - Fixed Interest Rate - $150k to $250k 4.58% pa1
2 Year - Comparison Interest Rate - $150k to $250k5.03% pa4
3 Year - Fixed Interest Rate - $150k to $250k4.75% pa1
3 Year - Comparison Interest Rate - $150k to $250k5.04% pa4
4 Year - Fixed Interest Rate - $150k to $250k4.95% pa1
4 Year - Comparison Interest Rate - $150k to $250k 5.07% pa4
5 Year - Fixed Interest Rate - $150k to $250k 5.11% pa1
5 Year - Comparison Interest Rate - $150k to $250k5.12% pa4
Owner Occupied Over $250k
1 Year - Fixed Interest Rate - Over $250k4.31% pa1
1 Year - Comparison Rate - Over $250k 4.42% pa2
2 Year - Fixed Interest Rate - Over $250K4.43% pa1
2 Year - Comparison Interest Rate - Over $250K4.44% pa2
3 Year - Fixed Interest Rate - Over $250K4.60% pa1
3 Year - Comparison Interest Rate - Over $250K4.49% pa2
4 Year - Fixed Interest Rate - Over $250K 4.80% pa1
4 Year - Comparison Interest Rate - Over $250K4.56% pa2
5 Year - Fixed Interest Rate - Over $250k 4.96% pa1
5 Year - Comparison Interest Rate - Over $250k4.65% pa2
Fees
Valuation fees included within establishment fee?Yes 
Loan Set Up CostsVaries depending on your Home Loan package
Key Features
Minimum amount$100,000 
Maximum amount90% of the property value with mortgage insurance, 80% without
Maximum term (years)5 
Variable and lump sum repaymentsYes maximum $20,000 p.a. in excess of normal repayments is permitted, after which break fee costs apply, see Break Cost Fees.
Break Cost FeesThe present value of the loss of future income to the bank for the remaining period to the end of the fixed rate term.1
Early repayment without penaltyNo
Loan repayment insuranceYes 
Automatic repayments (payroll)Yes 
Fixed rate loan break feeYes 

  Fixed Rate Investment Loan - Key Features:

Fixed Rate Home Loan - Investment
Interest Rates
Fixed interest rateR.O.A.
Comparison rateR.O.A.
Fees
Valuation fees included within establishment fee?Yes 
Loan Set Up CostsVaries depending on your Home Loan package
Key Features
Minimum amount$100,000 
Maximum amount80% of the property value
Maximum term (years)5 
Variable and lump sum repaymentsYes maximum $20,000 pa in excess of normal repayments permitted, after which break costs apply, see Break Cost Fees.
Break Cost FeesPresent value of the loss of future income to the Bank for the remaining period to the end of the fixed rate term.
Early repayment without penaltyNo
Loan repayment insuranceYes 
Automatic repayments (payroll)Yes 
Fixed rate loan break feeYes 

  Additional Information:

 

1 Fixed rates revert to the corresponding product's variable base rate upon expiry of fixed rate term.

2 Comparison Rate is calculated on a loan amount of $250,000 over a term of 25 years

3 Comparison rate is calculated on a loan of $100,000 over a term of 25 years.

4 Comparison rates calculated on a loan amount of $150,000 over a term of 25 years.