GMCU home loans

4.4
Based on 5 GMCU home loan product reviews.
Fact Checked

GMCU is a mutually owned financial service organisation serving customers in the Victoria region. It was formed through the amalgamation of six credit unions, with its combined history dating back to 1955. GMCU offers an alternative to the big banks for members in Victoria, providing a variety of services including savings accounts, cash management accounts, term deposits, home loans, overdrafts, term loans, personal loans and car insurance.

Mozo may receive payment if you click products on our site. We don’t compare the entire market, but you can search our database of 426 home loans using the filters.
Last updated 12 December 2024 Important disclosures and comparison rate warning*
What are your home loan needs?

Your loan-to-value ratio (LVR): 50%

Loan amount and LVR will affect interest rates.

  • Fixed

    • Owner Occupier
    • Principal & Interest
    • LVR <80%
    Interest rate
    5.69 % p.a.
    Fixed 2 years
    Comparison rate
    6.25 % p.a.
    Initial monthly repayment
    $2,899
    No Partner link

  • Fixed

    • Investment
    • Principal & Interest
    • LVR <80%
    Interest rate
    5.99 % p.a.
    Fixed 2 years
    Comparison rate
    6.47 % p.a.
    Initial monthly repayment
    $2,995
    No Partner link

  • Standard Variable Plus

    • Owner Occupier
    • Principal & Interest
    • LVR <80%
    Interest rate
    6.19 % p.a.
    Variable
    Comparison rate
    6.32 % p.a.
    Initial monthly repayment
    $3,059
    No Partner link

  • Standard Variable Plus Investment

    • Investment
    • Principal & Interest
    • LVR <80%
    Interest rate
    6.39 % p.a.
    Variable
    Comparison rate
    6.52 % p.a.
    Initial monthly repayment
    $3,124
    No Partner link

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GMCU home loan ratings

Overall customer rating for GMCU home loans

4.4
Based on 5 product reviews.

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GMCU products

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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.

** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

^See information about the Mozo Experts Choice Home Loan Awards

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