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People's Choice Credit Union Fixed Rate Home Loan

Advertiser disclosure

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

  • 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

Fixed 3 year rate
2.44% p.a.
Comparison Rate
4.11% p.a.
Service fee
$8.00 monthly
Upfront fee
$750
Fixed 3 year rate
3.19% p.a.
Comparison Rate
4.70% p.a.
Service fee
$8.00 monthly
Upfront fee
$750
Fixed 3 year rate
2.64% p.a.
Comparison Rate
4.63% p.a.
Service fee
$8.00 monthly
Upfront fee
$750
Fixed 3 year rate
2.84% p.a.
Comparison Rate
4.90% p.a.
Service fee
$8.00 monthly
Upfront fee
$750

Mozo editorial review People's Choice Credit Union Fixed Rate Home Loan

Last updated: 10 November 2020.

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What's hot
  • 2.29% 4-year fixed rate (3.91% comparison rate*)
  • Free extra repayments (up to $10,000 per year)
  • Split-loan interest rate option
What's not
  • $600 application fee
  • $8 monthly service fee
Mozo snapshot

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.

key icon
Key features

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: 2.44% (4.11% comparison rate*) 

- 4-year term: 2.29% (3.91% 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.

snapshot
Who is it good for

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.

question icon
Any catches

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. 

Details

Rates and fees information correct as at 18 January 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.29% (4.45%*)

  • 2.34% (4.26%*)

  • 2.44% (4.11%*)

  • 2.29% (3.91%*)

  • 3.04% (4.06%*)

  • n/a

  • n/a

  • 4.51% p.a.

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $8.00 monthly

  • $350.00

Other financial bits
  • $20,000

  • none

  • none

  • 95.00%

Features
  • 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.

Details

Rates and fees information correct as at 18 January 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 3.04% (5.01%*)

  • 3.09% (4.84%*)

  • 3.19% (4.70%*)

  • 3.99% (4.84%*)

  • 3.99% (4.76%*)

  • n/a

  • n/a

  • 5.06% p.a.

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $8.00 monthly

  • $350.00

Other financial bits
  • $20,000

  • none

  • none

  • 95.00%

Features
  • 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.

Details

Rates and fees information correct as at 18 January 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.69% (5.07%*)

  • 2.53% (4.82%*)

  • 2.64% (4.63%*)

  • 2.49% (4.40%*)

  • 3.24% (4.51%*)

  • n/a

  • n/a

  • 5.16% p.a.

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $8.00 monthly

  • $350.00

Other financial bits
  • $20,000

  • none

  • none

  • 90.00%

Features
  • 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.

Details

Rates and fees information correct as at 18 January 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
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.89% (5.35%*)

  • 2.79% (5.11%*)

  • 2.84% (4.90%*)

  • 2.79% (4.69%*)

  • 3.54% (4.80%*)

  • n/a

  • n/a

  • 5.46% p.a.

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • n/a

  • $8.00 monthly

  • $350.00

Other financial bits
  • $20,000

  • none

  • none

  • 90.00%

Features
  • 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.

Customer Reviews

How are People's Choice Credit Union home loans rated by the Mozo community?

Price
7.3/10
Features
6.6/10
Customer service
8.2/10
Convenience
7.9/10
Trust
8.0/10

Latest reviews of People's Choice Credit Union Fixed Rate Home Loan

  • Overall 4/10
    Great products but terribly run.

    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 review

    Poor communication, care factor very low, didn't really listen, etc. Good rates, great fees but the worst customer service in the country.

    Price
    6/10
    Features
    6/10
    Customer service
    2/10
    Convenience
    7/10
    Trust
    4/10
    Less
    Sam, South Australia reviewed 5 days ago
  • Overall 10/10
    Good so far

    So far so good

    Read full review

    So far so good

    Price
    10/10
    Features
    -
    Customer service
    -
    Convenience
    -
    Trust
    -
    Less
    George, South Australia reviewed over 3 years ago
  • Overall 10/10
    To reach yor goal in the quirkiest manner

    They 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 review

    They 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.

    Price
    9/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    9/10
    Less
    Trevor, South Australia reviewed over 5 years ago
  • Overall 9/10
    Good service

    Convenient, friendly, good service.

    Read full review

    Convenient, friendly, good service.

    Price
    9/10
    Features
    6/10
    Customer service
    10/10
    Convenience
    9/10
    Trust
    10/10
    Less
    Maurice, South Australia reviewed almost 6 years ago
  • Overall 9/10
    GREAT CUSTOMER SERVICE

    They upgraded my loan twice in 2 yrs so am happy with them than any other bank

    Read full review

    They upgraded my loan twice in 2 yrs so am happy with them than any other bank

    Price
    9/10
    Features
    8/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Monica, South Australia reviewed almost 6 years ago
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About People's Choice Credit Union

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.

See People's Choice Credit Union home loans

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People's Choice Credit Union

Fixed Rate Home Loan (Package)

p.a.

3.67% p.a.

$395.00 yearly

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People's Choice Credit Union

Basic Variable Home Loan

3.68% p.a.

3.69% p.a.

$0.00

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Smart Booster Home Loan

1.99% p.a.variable for 12 months and then 2.48% p.a. variable

2.47% p.a.

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UHomeLoan - Discount Offer

2.34% p.a. variable

2.34% p.a.

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Athena

AcceleRATES Variable Home Loan

2.19% p.a. variable

2.19% p.a.

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Virgin Money

Reward Me Fixed Rate Home Loan

2.04% p.a.
fixed 3 years

2.73% p.a.

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Macquarie

Basic Home Loan (Fixed)

2.19% p.a.
fixed 3 years

2.53% p.a.

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86 400

Neat Home Loan

2.19% p.a. variable

2.20% p.a.

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Suncorp

Fixed Home Loan (Home Package Plus)

1.99% p.a.
fixed 3 years

2.90% p.a.

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People's Choice Credit Union

Fixed Rate Home Loan (Package)

2.09% p.a.
fixed 3 years

3.67% p.a.

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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.

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UBank

UHomeLoan (Fixed)

1.95% p.a.
fixed 3 years

2.27% p.a.

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Athena

AcceleRATES Variable Home Loan

2.19% p.a. variable

2.19% p.a.

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Virgin Money

Reward Me Fixed Rate Home Loan

2.04% p.a.
fixed 3 years

2.73% p.a.

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Macquarie

Basic Home Loan (Fixed)

2.19% p.a.
fixed 3 years

2.53% p.a.

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86 400

Neat Home Loan

2.19% p.a. variable

2.20% p.a.

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Suncorp

Fixed Home Loan (Home Package Plus)

1.99% p.a.
fixed 3 years

2.90% p.a.

Thumbnail icon for People's Choice Credit Union

People's Choice Credit Union

Fixed Rate Home Loan (Package)

2.09% p.a.
fixed 3 years

3.67% p.a.

Thumbnail icon for loans.com.au

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.

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UBank

UHomeLoan - Discount Offer

2.34% p.a.

2.34% p.a.

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Athena

AcceleRATES Variable Home Loan

2.19% p.a.

2.19% p.a.

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Macquarie

Basic Home Loan

2.64% p.a.

2.64% p.a.

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86 400

Neat Home Loan

2.19% p.a.

2.20% p.a.

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People's Choice Credit Union

Basic Variable Home Loan

2.49% p.a.

2.49% p.a.

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Suncorp

Back to Basics

2.54% p.a.

2.55% p.a.

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Bank of Queensland

Economy

2.59% p.a.

2.76% p.a.

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loans.com.au

Fixed Home Loan

1.99% p.a.
fixed 3 years

2.70% p.a.

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UBank

UHomeLoan (Fixed)

1.95% p.a.
fixed 3 years

2.27% p.a.

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Virgin Money

Reward Me Fixed Rate Home Loan

2.04% p.a.
fixed 3 years

2.73% p.a.

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Macquarie

Basic Home Loan (Fixed)

2.19% p.a.
fixed 3 years

2.53% p.a.

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Suncorp

Fixed Home Loan (Home Package Plus)

2.19% p.a.
fixed 3 years

3.03% p.a.

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People's Choice Credit Union

Fixed Rate Home Loan (Package)

2.09% p.a.
fixed 3 years

3.67% p.a.

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Bank of Queensland

Fixed Rate

2.09% p.a.
fixed 3 years

3.01% p.a.

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Qudos Bank

Fixed Rate Home Loan

2.19% p.a.
fixed 3 years

2.68% 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.