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CUA home loans

CUA
CUA's overall rating for home loans

(as rated by the Mozo community)

8.1 / 10

based on 364 reviews

Since 1946, CUA has been striving to offer Aussies a fair deal on their finances, and today, it’s the largest customer owned financial services provider in the country. Check out its great value home loan offers below.

Rates and fees verified as correct at 01 April, 2020. Other information correct at the time of writing.

What home loans do CUA offer?

Fixed Rate Home Loans Fixed Rate Home Loans

CUA’s fixed rate home loans are available to owner occupiers with an LVR up to 95% and investors with an LVR below 70% for amounts between $10,000 and $5,000,000. These fixed rate loans provide you with the flexibility to choose a weekly, fortnightly or monthly repayment schedule, plus the chance to make fee free additional payments, up to the value of 3 months of repayments. If you opt for the Premium fixed rate home loan, you’ll also get to make use of some other great money saving features, like free redraws and an offset account. But remember, there are application and settlement fees to consider when going with a fixed rate home loan from CUA.

Home loan repayments calculator
years
Product Fixed 3 year rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

3.34% p.a.

4.61% p.a.

$0.00

$835

3.14% p.a.

4.55% p.a.

$0.00

$835

p.a.

n/a

$0.00

$835

2.29% p.a.

3.94% p.a.

$0.00

$835

4.20% p.a.

4.83% p.a.

$0.00

$835

3.80% p.a.

4.73% p.a.

$0.00

$835

p.a.

n/a

$0.00

$835

3.50% p.a.

4.25% p.a.

$0.00

$835


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Variable Rate Home Loans Variable Rate Home Loans

When you choose one of the variable rate home loan offers from CUA, you’ll pay both a settlement and application fee, but in return, you’ll get a host of flexible features to help you save on your home loan, like unlimited free extra repayments, the ability to redraw funds and the use of an offset account. You’ll also get the flexibility to choose between a principal and interest or an interest only loan, as well as choosing a weekly, fortnightly or monthly repayment schedule to suit your budget. CUA variable home loans are available to owner occupiers borrowing up to 95% of the property’s value, and up to 70% for investors. You can get your hands on an amount between $10,000 and $5,000,000, depending on your LVR and whether you’re investing or living in the home.

Home loan repayments calculator
years
Product Rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡  

3.92% p.a.

3.99% p.a.

$0.00

$835

3.57% p.a.

3.64% p.a.

$0.00

$835

3.64% p.a.

3.71% p.a.

$0.00

$835

3.14% p.a.

3.19% p.a.

$0.00

$835

3.46% p.a.

3.53% p.a.

$0.00

$835

3.39% p.a.

3.46% p.a.

$0.00

$835

3.73% p.a.

3.80% p.a.

$0.00

$835

3.11% p.a.

3.18% p.a.

$0.00

$835

3.04% p.a.

3.11% p.a.

$0.00

$835

3.38% p.a.

3.43% p.a.

$0.00

$835

3.30% p.a.

3.37% p.a.

$0.00

$835

3.23% p.a.

3.30% p.a.

$0.00

$835

3.45% p.a.

3.52% p.a.

$0.00

$835

2.80% p.a.

2.87% p.a.

$0.00

$835

2.73% p.a.

2.78% p.a.

$0.00

$835

Go to site

2.95% p.a.

3.00% p.a.

$0.00

$835


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*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.

‡ Results from this calculation are estimates only as individual lenders apply different formulas. Actual repayments will depend on your individual circumstances and interest rate changes.

CUA home loan features in a glance

No ongoing feesNo ongoing fees

With the exception of the Rate Breaker Package, you’ll pay no ongoing fees on a CUA home loan. On the other hand, there are one-off settlement and application fees to budget for on each mortgage option.

Additional repaymentsAdditional repayments

No matter which CUA home loan you opt for, you’ll have the ability to make extra repayments in order to pay off your mortgage faster and save on interest. Just remember that while additional payments on variable rate loans are unlimited, a cap equal to the value of 3 months of repayments applies to the fixed rate options.

Package discount opportunitiesPackage discount opportunities

Opt for a CUA Rate Breaker Package and enjoy discounts on other CUA products like health, home and car insurance.

Flexible repayment scheduleFlexible repayment schedule

To make budgeting a little easier, you can choose to make weekly, fortnightly or monthly repayments on either a variable or fixed rate home loan from CUA. But remember that if you opt for a Rate Breaker Package, you’ll have to make payments monthly.

How are CUA home loans rated?

CUA customers have rated its home loans on areas like price, customer service, convenience and features, so you can get an accurate idea of the real life CUA experience. Check out all the reviews.

CUA home loans

Overall 8.1

Price

Features

Customer service

Convenience

Trust

364 Reviews

Recent CUA home loan reviews Recent CUA home loan reviews

CUA

CUA Accelerate Variable Home Loan review

Overall rating   0 / 10

Stay away.

Worst bank ever to deal with or be assisted!!

Full review

Worst bank ever to deal with or be assisted!!

    Price   1 / 10

    Features   0 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

Lucas, Victoria, reviewed 21 days ago

CUA

CUA Accelerate Variable Home Loan review

Overall rating   7 / 10

Great customer service.

I like CUA as they have great customer service, however I have to travel to the city for our nearest branch (45 min). Consequently, we're looking to change.

Full review

I like CUA as they have great customer service, however I have to travel to the city for our nearest branch (45 min). Consequently, we're looking to change.

    Price   4 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   0 / 10

    Trust   8 / 10

Less

Emily, Western Australia, reviewed about 1 month ago

CUA

CUA Home Loan review

Overall rating   6 / 10

Great rates but not enough branches.

This bank has been fairly good so far. The main con is that there are no branches anywhere near where I live so it makes things difficult if you want to talk face-to-face with someone.

Full review

This bank has been fairly good so far. The main con is that there are no branches anywhere near where I live so it makes things difficult if you want to talk face-to-face with someone.

    Price   9 / 10

    Features   4 / 10

    Customer service   6 / 10

    Convenience   1 / 10

    Trust   5 / 10

Less

Stephanie, New South Wales, reviewed about 2 months ago

CUA

CUA Home Loan review

Overall rating   9 / 10

Competitive home loan rates.

I like CUA as their rates are very competitive. Pros: never have to wait long in a queue at the physical branch, friendly helpful staff. Cons: no ATM which means you have to pay to withdraw cash.

Full review

I like CUA as their rates are very competitive. Pros: never have to wait long in a queue at the physical branch, friendly helpful staff. Cons: no ATM which means you have to pay to withdraw cash.

    Price   10 / 10

    Convenience   3 / 10

    Trust   10 / 10

Less

Lisa, New South Wales, reviewed 4 months ago

CUA

CUA Achieve Variable Home Loan review

Overall rating   0 / 10

Great customer service.

We have been with CUA for nearly 30 years. No charges on accounts. Very friendly staff who are always available to help.

Full review

We have been with CUA for nearly 30 years. No charges on accounts. Very friendly staff who are always available to help.

    Price   0 / 10

    Features   0 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

Manjul, New South Wales, reviewed 4 months ago

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What do you need to apply for a CUA home loan? What do you need to apply for a CUA home loan?

Ready to snag a CUA home loan and make that cute little suburban cottage, or the sprawling waterside mansion yours? To apply, you’ll need to be over 18 years of age and a permanent resident of Australia. You’ll also need to supply information on:

  • Your finances (income, expenses, assets and debts)
  • Your employment
  • The property you’re looking at buying
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