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BCU Bank Fixed Rate Home Loan

Advertiser disclosure
The details shown below are for an owner occupier taking out a principal & interest loan between $20,000 and $2,500,000 with an LVR below 95%
The details shown below are for an owner occupier taking out a interest only loan between $20,000 and $2,500,000 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest loan between $20,000 and $2,500,000 with an LVR below 90%
The details shown below are for an investor taking out a interest only loan between $20,000 and $2,500,000 with an LVR below 90%

Choose the version of this loan that suits you best

Availability Loan type LVR Min loan amount Max loan amount
Owner Occupier Principal & Interest < 95% $20,000 $2,500,000
Owner Occupier Interest Only < 90% $20,000 $2,500,000
Investor Principal & Interest < 90% $20,000 $2,500,000
Investor Interest Only < 90% $20,000 $2,500,000
  • Owner Occupier (Principal & Interest)
    LVR < 95%
    Loan: $20,000 $2,500,000
  • Owner Occupier (Interest Only)
    LVR < 90%
    Loan: $20,000 $2,500,000
  • Investor (Principal & Interest)
    LVR < 90%
    Loan: $20,000 $2,500,000
  • Investor (Interest Only)
    LVR < 90%
    Loan: $20,000 $2,500,000
Fixed 3 year rate
6.29% p.a.
Comparison Rate
6.30% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
6.39% p.a.
Comparison Rate
6.32% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
6.39% p.a.
Comparison Rate
6.43% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
6.49% p.a.
Comparison Rate
6.46% p.a.
Service fee
$0.00
Upfront fee
$0

Mozo editorial review BCU Bank Fixed Rate Home Loan - last updated: 14 February 2024

binocular icon
What's hot
  • 6.49% 1-year fixed rate (6.32% comparison rate*)
  • Borrow with a 5% deposit
  • No upfront or ongoing fees
What's not
  • $395 discharge fee
Mozo snapshot

Featuring competitive fixed interest rates for both owner occupiers and investors, plus zero upfront or ongoing fees, the Fixed Rate Home Loan from bcu is a loan that should be on the minds of borrowers looking to lock in a competitive rate without the additional costs.

key icon
Key features

The bcu Fixed Rate Home Loan offers a couple of options depending on whether you're an investor or an owner occupier, and whether you want to make principal and interest or interest only repayments on the loan. 

For example, fixed rates for owner occupiers making principal and interest repayments with a loan-to-value ratio (LVR) of 95% or lower start at 6.49% (6.32% comparison rate*) for one year. Meanwhile, for investors making principal and interest repayments with an LVR below 95% rates start from 6.59% (6.46% comparison rate*) for one year.

The bcu Fixed Rate Home Loan also offers a wide range of loan amount: from as little as as $20,000 up to a generous $2,500,000.

Making sure your repayments fit in with your budget isn’t always as easy as you’d like it to be, which is why bcu allows borrowers to repay their loans on a weekly, fortnightly or monthly basis. The loan also comes with an extra repayments up to $25,000 within the fixed period for borrowers wanting to pay off their loan faster.

There are very few fees with the Fixed Rate Home Loan. While there's a $395 discharge fee, there are no upfront fees or a monthly or annual service fee to worry about.


snapshot
Who is it good for

For borrowers looking to lock in a competitive interest rate for up to five years, especially those wanting to borrow with a low deposit, the Fixed Rate Home Loan from bcu could be just the ticket.

question icon
Any catches

The $395 discharge fee is an added cost that you’ll need to consider when budgeting for this loan, as is the high 6.29% revert rate which comes into effect after the fixed loan period. So once that period is over, it may be worth comparing other home loan rates to ensure that you're getting a competitive offer. 


Details

Rates and fees information correct as at 6 March 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.49% (6.32%*)

5.99% (6.24%*)

6.29% (6.30%*)

6.49% (6.37%*)

6.49% (6.38%*)

n/a

n/a

6.29% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$0.00

$395.00

Other financial bits

$20,000

$2,500,000

none

95.00%

Features

Weekly, Fortnightly, Monthly

yes, up to $25,000 during fixed period - fee applies

none

no

none

yes

no

Additional repayments allowed up to $25,000 during the fixed period.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 6 March 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.59% (6.33%*)

6.09% (6.26%*)

6.39% (6.32%*)

6.59% (6.41%*)

6.59% (6.43%*)

n/a

n/a

6.29% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$0.00

$395.00

Other financial bits

$20,000

$2,500,000

none

90.00%

Features

Weekly, Fortnightly, Monthly

yes, up to $25,000 during fixed period - fee applies

none

no

none

yes

no

Additional repayments allowed up to $25,000 during the fixed period.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 6 March 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.59% (6.46%*)

6.39% (6.44%*)

6.39% (6.43%*)

6.59% (6.50%*)

6.59% (6.51%*)

n/a

n/a

6.44% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$0.00

$395.00

Other financial bits

$20,000

$2,500,000

none

90.00%

Features

Weekly, Fortnightly, Monthly

yes, up to $25,000 during fixed period - fee applies

none

no

none

yes

no

Additional repayments allowed up to $25,000 during the fixed period.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 6 March 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.69% (6.47%*)

6.49% (6.46%*)

6.49% (6.46%*)

6.69% (6.54%*)

6.69% (6.56%*)

n/a

n/a

6.44% p.a.

Fees

$0.00

$0.00

$0.00

$0.00

n/a

$0.00

$395.00

Other financial bits

$20,000

$2,500,000

none

90.00%

Features

Weekly, Fortnightly, Monthly

yes, up to $25,000 during fixed period - fee applies

none

no

none

yes

no

Additional repayments allowed up to $25,000 during the fixed period.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Customer Reviews

How are BCU Bank home loans rated by the Mozo community?

Overall
Price
Features
Customer service
Convenience
Trust

Latest reviews of BCU Bank Fixed Rate Home Loan

About BCU Bank

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Up

Home Fixed Rate

5.80% p.a.
fixed 3 years

5.91% p.a.

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Unloan

Variable

5.99% p.a. variable

5.90% p.a.

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Sucasa

Ultra Low Rate

6.30% p.a. variable

6.58% p.a.

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Athena

Straight Up with AcceleRATES Variable Home Loan

6.24% p.a. variable

6.24% p.a.

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Macquarie

Offset Home Loan (Package)

6.15% p.a. variable

6.40% p.a.

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ubank

Neat Home Loan

6.09% p.a. variable

6.11% p.a.

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Home Variable Rate

5.95% p.a. variable

5.95% p.a.

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Athena

Straight Up with AcceleRATES Variable Home Loan

6.34% p.a. variable

6.34% p.a.

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Up

Home Fixed Rate

5.80% p.a.
fixed 3 years

5.91% p.a.

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Unloan

Variable

5.99% p.a. variable

5.90% p.a.

Thumbnail icon for Sucasa
Sucasa

Ultra Low Rate

6.30% p.a. variable

6.58% p.a.

Thumbnail icon for Athena
Athena

Straight Up with AcceleRATES Variable Home Loan

6.24% p.a. variable

6.24% p.a.

Thumbnail icon for Up
Up

Home Variable Rate

5.95% p.a. variable

5.95% p.a.

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ubank

Neat Home Loan

6.09% p.a. variable

6.11% p.a.

Thumbnail icon for Macquarie
Macquarie

Offset Home Loan (Package)

6.15% p.a. variable

6.40% p.a.

Thumbnail icon for Unloan
Unloan

Variable

6.29% p.a. variable

6.20% p.a.

Thumbnail icon for Up
Up

Home Variable Rate

5.95% p.a.

5.95% p.a.

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a.

5.90% p.a.

Thumbnail icon for Sucasa
Sucasa

Ultra Low Rate

6.30% p.a.

6.58% p.a.

Thumbnail icon for Macquarie
Macquarie

Offset Home Loan (Package)

6.15% p.a.

6.40% p.a.

Thumbnail icon for Athena
Athena

Straight Up with AcceleRATES Variable Home Loan

6.24% p.a.

6.24% p.a.

Thumbnail icon for ubank
ubank

Neat Home Loan

6.09% p.a.

6.11% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan

6.15% p.a.

6.17% p.a.

Thumbnail icon for Athena
Athena

Straight Up with AcceleRATES Variable Home Loan

6.34% p.a.

6.34% p.a.

Thumbnail icon for Up
Up

Home Fixed Rate

5.80% p.a.
fixed 3 years

5.91% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan (Fixed)

5.99% p.a.
fixed 3 years

6.13% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan Fixed

6.64% p.a.
fixed 3 years

6.56% p.a.

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ING

Fixed Rate Loan (with Orange Advantage)

5.99% p.a.
fixed 3 years

6.12% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan (Fixed)

6.09% p.a.
fixed 3 years

6.19% p.a.

Thumbnail icon for ANZ
ANZ

Fixed Rate

6.59% p.a.
fixed 3 years

7.06% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan Fixed

6.64% p.a.
fixed 3 years

6.56% p.a.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

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