The details shown below are for an owner occupier taking out a principal & interest loan of at least $20,000 with an LVR below 95%
The details shown below are for an owner occupier taking out a interest only loan of at least $20,000 with an LVR below 95%
The details shown below are for an investor taking out a principal & interest loan of at least $20,000 with an LVR below 90%
The details shown below are for an investor taking out a interest only loan of at least $20,000 with an LVR below 90%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 95% | $20,000 | |
| | Owner Occupier | Interest Only | < 95% | $20,000 | |
| | Investor | Principal & Interest | < 90% | $20,000 | |
| | Investor | Interest Only | < 90% | $20,000 |
Owner Occupier (Principal & Interest)
LVR < 95%
Loan: $20,000
Owner Occupier (Interest Only)
LVR < 95%
Loan: $20,000
Investor (Principal & Interest)
LVR < 90%
Loan: $20,000
Investor (Interest Only)
LVR < 90%
Loan: $20,000
The PCCU Fixed Rate Home Loan offers borrowers competitive rates and a number of useful features to help make the path to home ownership smoother. Along with the option of paying down your loan weekly, fortnightly or monthly, you’ll also have the ability to make free extra repayments up to $10,000 a year. And if you want to hedge your bets in case interest rates drop further, you can opt to split your loan between a fixed rate and a variable rate.
The PCCU Fixed Rate Home Loan is available to both owner occupiers and investors. Currently, owner occupiers will be able to take advantage of competitive rates across both short and long terms:
- 1-year term: 2.29% (4.44% comparison rate*)
- 2-year term: 2.34% (4.26% comparison rate*)
- 3-year term: 2.29% (4.08% comparison rate*)
- 4-year term: 2.49% (3.98% comparison rate*)
It would be suitable for the majority of borrowers as there isn't a maximum loan amount and the minimum deposit requirements are between 5% and 10% depending on whether you're borrowing for your own home or an investment.
You’ll be able to pick a repayment cycle that suits you, with the ability to pay down your loan weekly, fortnightly or monthly. And you can make extra contributions without incurring a penalty, however this is capped at $10,000 a year. There is also the option to split your loan between a fixed rate and a variable rate, allowing you to benefit from any future interest rate reductions.
The PCCU Fixed Rate home loan could be a suitable pick for those looking to lock in a competitive fixed rate, whether it's for one year or four.
There are a few fees that you’ll need to budget for. This includes a $8 monthly service fee, $600 application fee, $150 settlement fee, and a $350 discharge fee. If you require a property valuation, this fee will be charged back to you at cost.
n/a
n/a
n/a
n/a
2.29% (4.44%*)
2.34% (4.26%*)
2.29% (4.08%*)
2.49% (3.98%*)
3.04% (4.06%*)
n/a
n/a
4.51% p.a.
$600.00
$0.00
$0.00
$150.00
n/a
$8.00 monthly
$350.00
$20,000
none
none
95.00%
Weekly, Fortnightly, Monthly
yes - free up to $10,000 p.a
none
no
none
yes
no
Valuation fee payable 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.
n/a
n/a
n/a
n/a
3.04% (5.01%*)
3.09% (4.84%*)
3.19% (4.70%*)
3.99% (4.83%*)
3.99% (4.76%*)
n/a
n/a
5.06% p.a.
$600.00
$0.00
$0.00
$150.00
n/a
$8.00 monthly
$350.00
$20,000
none
none
95.00%
Weekly, Fortnightly, Monthly
yes - free up to $10,000 p.a
none
no
none
yes
no
Valuation fee payable 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.
n/a
n/a
n/a
n/a
2.69% (5.06%*)
2.53% (4.82%*)
2.49% (4.59%*)
2.69% (4.46%*)
3.24% (4.51%*)
n/a
n/a
5.16% p.a.
$600.00
$0.00
$0.00
$150.00
n/a
$8.00 monthly
$350.00
$20,000
none
none
90.00%
Weekly, Fortnightly, Monthly
yes - free up to $10,000 p.a
none
no
none
yes
no
Valuation fee payable 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.
n/a
n/a
n/a
n/a
2.89% (5.35%*)
2.79% (5.10%*)
2.69% (4.86%*)
2.99% (4.75%*)
3.54% (4.80%*)
n/a
n/a
5.46% p.a.
$600.00
$0.00
$0.00
$150.00
n/a
$8.00 monthly
$350.00
$20,000
none
none
90.00%
Weekly, Fortnightly, Monthly
yes - free up to $10,000 p.a
none
no
none
yes
no
Valuation fee payable 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.
Poor communication, care factor very low, didn't really listen, etc. Good rates, great fees but the worst customer service in the country.
Read full reviewPoor communication, care factor very low, didn't really listen, etc. Good rates, great fees but the worst customer service in the country.
So far so good
Read full reviewThey have been there for the loan and are helpful and informative about improvements that can be made and the best ways to pay off the loan in the quickest manner.
Read full reviewThey have been there for the loan and are helpful and informative about improvements that can be made and the best ways to pay off the loan in the quickest manner.
Convenient, friendly, good service.
Read full reviewConvenient, friendly, good service.
They upgraded my loan twice in 2 yrs so am happy with them than any other bank
Read full reviewThey upgraded my loan twice in 2 yrs so am happy with them than any other bank
People's Choice Credit Union is a member owned financial institution offering its members a wide range of competitive banking, insurance and investment products and services. Formed through the merger of Savings & Loans and Australian Central, Peoples Choice Credit Union has more than 350,000 members Australia wide. At Peoples Choice Credit Union, its customers are its owners so everything they do is designed to benefit their members.
People's Choice Credit Union
Fixed Rate Home Loan (Package)
p.a.
3.64% p.a.
$395.00 yearly
People's Choice Credit Union
Basic Variable Home Loan
3.68% p.a.
3.69% p.a.
$0.00
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a. variable
2.47% p.a.
Bank of Queensland
Fixed Rate
2.09% p.a.
fixed 3 years
3.01% p.a.
People's Choice Credit Union
Fixed Rate Home Loan (Package)
1.99% p.a.
fixed 3 years
3.64% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a. variable
2.47% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
Bank of Queensland
Economy
2.59% p.a.
2.76% p.a.
Bank of Queensland
Fixed Rate
2.09% p.a.
fixed 3 years
3.01% p.a.
People's Choice Credit Union
Fixed Rate Home Loan (Package)
1.99% p.a.
fixed 3 years
3.64% p.a.
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.
