CUA home loans

CUA
CUA's overall rating for home loans

(as rated by the Mozo community)

8.2 / 10

based on 354 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 19 January, 2019. 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 ‡

4.14% p.a.

5.40% p.a.

$0.00

$795

3.99% p.a.

5.36% p.a.

$0.00

$795

p.a.

n/a

$0.00

$795

3.87% p.a.

4.93% p.a.

$0.00

$795

4.26% p.a.

5.42% p.a.

$0.00

$795

4.11% p.a.

5.38% p.a.

$0.00

$795

p.a.

n/a

$0.00

$795

3.99% p.a.

4.97% p.a.

$0.00

$795

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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 ‡

4.57% p.a.

4.42% p.a.

$0.00

$795

4.22% p.a.

4.27% p.a.

$0.00

$795

4.29% p.a.

3.93% p.a.

$0.00

$795

3.79% p.a.

3.84% p.a.

$0.00

$795

4.43% p.a.

4.28% p.a.

$0.00

$795

4.08% p.a.

4.13% p.a.

$0.00

$795

4.15% p.a.

3.87% p.a.

$0.00

$795

3.75% p.a.

3.80% p.a.

$0.00

$795

5.43% p.a.

5.28% p.a.

$0.00

$795

5.08% p.a.

5.13% p.a.

$0.00

$795

4.67% p.a.

4.40% p.a.

$0.00

$195

4.32% p.a.

4.33% p.a.

$0.00

$195

5.51% p.a.

5.32% p.a.

$0.00

$195

5.16% p.a.

5.17% p.a.

$0.00

$195

4.86% p.a.

4.59% p.a.

$0.00

$195

4.51% p.a.

4.52% p.a.

$0.00

$195

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Line of Credit Line of Credit

Use the equity you’ve built up in your home to fund your next spending goal with a line of credit home loan from CUA. The Equity Line of Credit home loan is available for amounts from $10,000 to $3,000,000 and you can borrow up to 80% of the value of the property. Standard for a line of credit home loan, you’ll only be charged interest on the amount of equity you’ve used. Like the fixed rate and variable rate home loan options, with a line of credit loan from CUA, you’ll pay no ongoing service fees - but don’t forget about the settlement and application fees, both of which you’ll have to contend with to snag this mortgage.

Product Rate Comparison Rate* Service fee Upfront fee

5.56% p.a.

n/a

$0.00

$795

Hide

*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 8.2

Price

Features

Customer service

Convenience

Trust

354 Reviews

Recent CUA home loan reviews Recent CUA home loan reviews

CUA

CUA home loan review

Overall rating   9 / 10

Great

Overall happy

Full review

Overall happy

    Price   8 / 10

    Features   8 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

John, Queensland, reviewed about 1 year ago

CUA

CUA Fresh Start Variable Home Loan (Owner Occupier, Principal & Interest) home loan review

Overall rating   10 / 10

Good prices and no hassles

Good Price and No hassle

Full review

Good Price and No hassle

    Price   8 / 10

Less

Scott, New South Wales, reviewed over 1 year ago

CUA

CUA home loan review

Overall rating   8 / 10

Easy to use - clear instructions provided

We have a branch telephone number and someone is always available to speak to at our branch. We are able to deal with the same person who is aware of our banking needs and our banking history. A manager is also available via their mobile and has...

Full review

We have a branch telephone number and someone is always available to speak to at our branch. We are able to deal with the same person who is aware of our banking needs and our banking history. A manager is also available via their mobile and has called us out of hours at a time that was suitable to us.

    Price   8 / 10

Less

Donna, New South Wales, reviewed over 1 year ago

CUA

CUA Equity Line Of Credit home loan review

Overall rating   7 / 10

Good premiums, works for us.

We live in a regional town and the closest branches ( in other regional towns within 45 mins drive) have now closed. All communication is electronic unless we travel a fair distance, but electronic works OK.

Full review

We live in a regional town and the closest branches ( in other regional towns within 45 mins drive) have now closed. All communication is electronic unless we travel a fair distance, but electronic works OK.

    Price   6 / 10

    Features   4 / 10

    Customer service   7 / 10

    Convenience   3 / 10

    Trust   8 / 10

Less

Judith, New South Wales, reviewed almost 3 years ago

CUA

CUA home loan review

Overall rating   8 / 10

Love our local branch.

Our local branch was amazing but corporate let us down when trying to settle the loan within a set timeframe.

Full review

Our local branch was amazing but corporate let us down when trying to settle the loan within a set timeframe.

    Price   9 / 10

    Features   8 / 10

    Customer service   7 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Jo, Queensland, reviewed almost 3 years 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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