If the security of a fixed rate is for you, then check out the fixed rate home loan offers from G&C Mutual Bank. You can borrow up to 95% of a property's value, so long as the loan amount doesn’t exceed $2 million. There are upfront application, legal and valuation fees to consider, but in return, you’ll get to make free extra repayments up to 5% of your loan amount each year, and make use of an offset account. You can also use the redraw facility, although a minimum amount and fees apply. One thing to keep in mind is that unless you specify otherwise, at the end of your fixed rate term your home loan will roll into another fixed term of the same length at the rate on offer at that time.
| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
p.a. |
n/a |
$0.00 |
$500 |
||
|
p.a. |
n/a |
$0.00 |
$500 |
||
|
p.a. |
n/a |
$0.00 |
$500 |
||
|
p.a. |
n/a |
$0.00 |
$500 |
||
|
6.25% p.a. |
6.30% p.a. |
$0.00 |
$500 |
||
|
5.70% p.a. |
5.76% p.a. |
$0.00 |
$500 |
||
|
p.a. |
n/a |
$0.00 |
$500 |
||
|
p.a. |
n/a |
$0.00 |
$500 |
||
|
p.a. |
n/a |
$0.00 |
$500 |
||
|
p.a. |
n/a |
$0.00 |
$500 |
||
|
p.a. |
n/a |
$0.00 |
$500 |
||
|
p.a. |
n/a |
$0.00 |
$500 |
||
|
p.a. |
n/a |
$0.00 |
$500 |
||
|
p.a. |
n/a |
$0.00 |
$500 |
||
|
6.45% p.a. |
6.50% p.a. |
$0.00 |
$500 |
||
|
5.95% p.a. |
6.01% p.a. |
$0.00 |
$500 |
||
|
p.a. |
n/a |
$0.00 |
$500 |
||
|
p.a. |
n/a |
$0.00 |
$500 |
||
|
p.a. |
n/a |
$0.00 |
$500 |
||
|
p.a. |
n/a |
$0.00 |
$500 |
For a little more flexibility, browse the variable rate home loans on offer from G&C Mutual Bank. You can borrow up to $2 million or 95% of the property’s value. There are application, legal and valuation fees to budget for, but the good news is, you can make unlimited free extra repayments in order to pay your loan off quicker. You can also make use of a redraw facility, but keep in mind that fees and a minimum amount apply. If you like, you can also choose to split your loan between fixed and variable rates, for the best of both worlds.
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
6.74% p.a. |
6.77% p.a. |
$0.00 |
$0 |
||
|
6.84% p.a. |
6.87% p.a. |
$0.00 |
$0 |
||
|
5.95% p.a. |
5.98% p.a. |
$0.00 |
$0 |
||
|
6.64% p.a. |
6.67% p.a. |
$0.00 |
$0 |
||
|
6.34% p.a. |
6.37% p.a. |
$0.00 |
$0 |
||
|
6.24% p.a. |
6.27% p.a. |
$0.00 |
$0 |
||
|
6.44% p.a. |
6.47% p.a. |
$0.00 |
$0 |
||
|
8.90% p.a. |
8.96% p.a. |
$0.00 |
$500 |
||
|
8.75% p.a. |
8.82% p.a. |
$0.00 |
$500 |
||
|
7.04% p.a. |
7.07% p.a. |
$0.00 |
$0 |
||
|
7.14% p.a. |
7.17% p.a. |
$0.00 |
$0 |
||
|
6.74% p.a. |
6.77% p.a. |
$0.00 |
$0 |
||
|
6.64% p.a. |
6.67% p.a. |
$0.00 |
$0 |
||
|
6.84% p.a. |
6.87% p.a. |
$0.00 |
$0 |
||
|
9.41% p.a. |
9.49% p.a. |
$0.00 |
$500 |
||
|
9.21% p.a. |
9.28% p.a. |
$0.00 |
$500 |
| Product | Rate | Comparison Rate | Service fee | Upfront fee |
|---|---|---|---|---|
|
9.29% p.a. |
n/a |
$0.00 |
$500 |
|
|
9.54% p.a. |
n/a |
$0.00 |
$500 |
Pay off your home loan quicker by making free extra repayments - unlimited on variable rate options, and up to 5% of your loan balance each year for fixed rate offers.
Save money on your home loan by making use of the offset account. Just remember, this feature is only available on fixed and package options from G&C Mutual.
Having trouble saving up a deposit for your home loan? With G&C Mutual, you can borrow up to 95% of the value of your dream home.
Mozo users have rated G&C Mutual Bank home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
Online banking system needs an overhaul, no dedicated smartphone app, no 24-hour call centre but they had good home loan rates.
Read full reviewOnline banking system needs an overhaul, no dedicated smartphone app, no 24-hour call centre but they had good home loan rates.
G&C Mutual Bank have treated me with nothing but honest down to earth customer value with cheap credit card rates & loans of all types and extremely helpful in all my banking needs.
Read full reviewG&C Mutual Bank have treated me with nothing but honest down to earth customer value with cheap credit card rates & loans of all types and extremely helpful in all my banking needs.
Can only describe SGE credit union as being the best to deal with.
Read full reviewCan only describe SGE credit union as being the best to deal with.
Great staff and customer service and competitive rates
Read full reviewGreat staff and customer service and competitive rates
Fantastic company would highly recommend them.
Read full reviewFantastic company would highly recommend them.
To apply for a G&C Mutual Bank home loan you can enquire online and set up a meeting with a mortgage consultant. When you do, make sure you have:
Also, remember that before you can actually secure the home loan, you’ll have to become a G&C Mutual Bank member.