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GMCU Basic Variable

The details shown below are for an owner occupier taking out a principal & interest loan of at least $50,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $30,000 with an LVR below 95%

The details shown below are for an investor taking out a principal & interest loan of at least $30,000 with an LVR below 95%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $50,000

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan: $30,000

  • Investor (Principal & Interest)

    LVR < 95%

    Loan: $30,000

Rate
2.48% p.a.variable for 24 months and then 3.82% p.a.
Comparison Rate*
3.70% p.a.
Service fee
$8.00 monthly
Upfront fee
$300
Rate
3.82% p.a.
Comparison Rate*
3.94% p.a.
Service fee
$8.00 monthly
Upfront fee
$300
Rate
4.59% p.a.
Comparison Rate*
4.71% p.a.
Service fee
$8.00 monthly
Upfront fee
$300

Details

Rates and fees information correct as at 20 October 2020. 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
  • 3.82% p.a.

  • 2.48% p.a.

  • 24 Months

  • Variable

  • 3.70% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $300.00

  • n/a

  • n/a

  • n/a

  • n/a

  • $8.00 monthly

  • $150.00

Other financial bits
  • $50,000

  • none

  • none

  • 80.00%

Features
  • Owner Occupier

  • Principal & Interest

  • none

  • yes - free

  • none

  • yes - fees apply

  • $1,000.00

  • none

  • yes

  • Borrower must have a GMCU Visa Debt Card & their salary must be paid into a GMCU account.

  • 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 20 October 2020. 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
  • 3.82% p.a.

  • n/a

  • n/a

  • n/a

  • 3.94% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $300.00

  • n/a

  • n/a

  • n/a

  • n/a

  • $8.00 monthly

  • $150.00

Other financial bits
  • $30,000

  • none

  • none

  • 95.00%

Features
  • Owner Occupier

  • Principal & Interest

  • none

  • yes - free

  • none

  • yes - fees apply

  • $1,000.00

  • none

  • yes

  • none

  • 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 20 October 2020. 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
  • 4.59% p.a.

  • n/a

  • n/a

  • n/a

  • 4.71% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $300.00

  • n/a

  • n/a

  • n/a

  • n/a

  • $8.00 monthly

  • $150.00

Other financial bits
  • $30,000

  • none

  • none

  • 95.00%

Features
  • Investor

  • Principal & Interest

  • none

  • yes - free

  • none

  • yes - fees apply

  • $1,000.00

  • none

  • yes

  • none

  • 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 GMCU home loans rated by the Mozo community?

Overall
9.0/10
Price
7.5/10
Features
6.8/10
Customer service
9.5/10
Convenience
9.0/10
Trust
9.5/10
GMCU

About GMCU

GMCU is a mutually owned financial service organisation, servicing the Victoria region. GMCU offers a variety of services in savings accounts, cash management accounts, term deposits, home loans, overdrafts, term loans, personal loans and car insurance. GMCU offers an alternative to the big banks for members in Victoria.

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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.