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G&C Mutual Bank Premium Home Loan (Package)

Advertiser disclosure

The details shown below are for an owner occupier taking out a principal & interest loan up to with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan up to with an LVR below 95%

The details shown below are for an investor taking out a principal & interest loan up to with an LVR below 90%

The details shown below are for an investor taking out a interest only loan up to with an LVR below 90%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan:

  • Owner Occupier (Interest Only)

    LVR < 95%

    Loan:

  • Investor (Principal & Interest)

    LVR < 90%

    Loan:

  • Investor (Interest Only)

    LVR < 90%

    Loan:

Rate
3.59% p.a.
Comparison Rate
3.98% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Rate
3.64% p.a.
Comparison Rate
4.03% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Rate
4.15% p.a.
Comparison Rate
4.53% p.a.
Service fee
$375.00 yearly
Upfront fee
$0
Rate
4.35% p.a.
Comparison Rate
4.72% p.a.
Service fee
$375.00 yearly
Upfront fee
$0

Mozo editorial review G&C Mutual Bank Premium Home Loan (Package) - last updated: 16 June 2021

binocular icon
What's hot
  • 100% offset account, extra repayments and redraw facility
  • Credit card annual fee waived for first year
  • Low deposit options
What's not
  • $375 annual fee
Mozo snapshot

The Premium Home Loan (Package) from G&C Mutual Bank offers borrowers the chance to nab a full-feature home loan (think an offset account and redraw facility) plus some extra perks on other banking products. And with LVRs up to 95% allowed, it could also be a suitable option for buyers with a low deposit. 

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Key features

The Premium Home Loan (Package) sports variable rates from 3.59% (3.98% comparison rate*), and is available to both owner occupiers and investors. The maximum LVR is 95% for owner occupiers, but if you borrow this much you will be required to pay Lender’s Mortgage Insurance.

When it comes to paying down your loan, you can make weekly, fortnightly or monthly repayments, unless you’re making interest-only repayments, in which case repayments are due on the first day of each month.

You’ll also be able to save on interest by using the available offset account, make unlimited free extra repayments, and access a redraw facility if you decide you need those funds back. Just remember that the minimum redraw amount is $100 and a $30 service fee will apply.

And by bundling your home loan with an eligible G&C Mutual Bank credit card you’ll also be treated to a first year annual fee waiver.


snapshot
Who is it good for

Existing G&C Mutual Bank customers thinking about taking out a home loan will appreciate the savings to be made by opting for the Premium Home Loan Package.

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Any catches

There are a few fees that come with this one, namely the $375 annual fee and the $300 discharge fee. And as mentioned above, if you intend to use the redraw facility you will be charged a $30 service fee.

Details

Rates and fees information correct as at 24 September 2021. 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

3.59% p.a.

n/a

n/a

n/a

3.98% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a
Fees

$0.00

n/a

n/a

n/a

n/a

$375.00 yearly

$300.00
Other financial bits

none

none

none

95.00%
Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - fees apply

$100.00

yes

yes

Legal, valuation and settlement fees at cost.

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 24 September 2021. 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

3.64% p.a.

n/a

n/a

n/a

4.03% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a
Fees

$0.00

n/a

n/a

n/a

n/a

$375.00 yearly

$300.00
Other financial bits

none

none

none

95.00%
Features

Owner Occupier

Interest Only

Monthly

yes - free

no

yes - fees apply

$100.00

yes

yes

Legal, valuation and settlement fees at cost.

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 24 September 2021. 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

4.15% p.a.

n/a

n/a

n/a

4.53% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a
Fees

$0.00

n/a

n/a

n/a

n/a

$375.00 yearly

$300.00
Other financial bits

none

none

none

90.00%
Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - fees apply

$100.00

yes

yes

Legal, valuation and settlement fees at cost.

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 24 September 2021. 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

4.35% p.a.

n/a

n/a

n/a

4.72% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a
Fees

$0.00

n/a

n/a

n/a

n/a

$375.00 yearly

$300.00
Other financial bits

none

none

none

90.00%
Features

Investor

Interest Only

Monthly

yes - free

no

yes - fees apply

$100.00

yes

yes

Legal, valuation and settlement fees at cost.

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 G&C Mutual Bank home loans rated by the Mozo community?

Overall
Price
Features
Customer service
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Based on 8 G&C Mutual Bank home loan reviews
See all G&C Mutual Bank home loan customer reviews

About G&C Mutual Bank

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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