The details shown below are for an owner occupier taking out a principal & interest loan between $100,000 and $1,500,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan between $100,000 and $1,500,000 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest loan between $100,000 and $1,500,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a interest only loan between $100,000 and $1,500,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan between $100,000 and $1,500,000 with an LVR below 90%
The details shown below are for an investor taking out a interest only loan between $100,000 and $1,500,000 with an LVR below 80%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 80% | $100,000 | $1,500,000 |
| | Owner Occupier | Principal & Interest | 80%-90% | $100,000 | $1,500,000 |
| | Investor | Principal & Interest | < 80% | $100,000 | $1,500,000 |
| | Owner Occupier | Interest Only | < 80% | $100,000 | $1,500,000 |
| | Investor | Principal & Interest | 80%-90% | $100,000 | $1,500,000 |
| | Investor | Interest Only | < 80% | $100,000 | $1,500,000 |
Owner Occupier (Principal & Interest)
LVR < 80%
Loan: $100,000 $1,500,000
Owner Occupier (Principal & Interest)
LVR 80%-90%
Loan: $100,000 $1,500,000
Investor (Principal & Interest)
LVR < 80%
Loan: $100,000 $1,500,000
Owner Occupier (Interest Only)
LVR < 80%
Loan: $100,000 $1,500,000
Investor (Principal & Interest)
LVR 80%-90%
Loan: $100,000 $1,500,000
Investor (Interest Only)
LVR < 80%
Loan: $100,000 $1,500,000
If you’re a borrower looking to be a part of a community that can help you buy your dream home, then the People’s Choice Credit Union Variable Rate Home Loan (Package) could be the one. Borrowers with a 20% deposit will receive the low 2.84% variable rate (3.26% comparison rate*) (Lenders Mortgage Insurance applies) and pay no application, legal, settlement or valuation fee, plus have access to some handy discounts on their credit card or personal loan.
The People’s Choice Credit Union Variable Rate Home Loan (Package) is made for borrowers who want more than just a mortgage. Starting with a low 2.84% variable rate (3.26% comparison rate*), this loan also features no application, settlement, valuation or legal fees, though there is $395 yearly service fee to remember. Investors rates start from 3.04% (3.46% comparison rate*) for principal and interest repayments.
Borrowers looking to make extra repayments can do so for free and have the choice to make weekly, fortnightly or monthly repayments. There’s also a free redraw facility ($1,000 minimum), which borrowers can take advantage of for any unexpected bills or costs. The loan also offers a free offset account as well as the option to split your loan between a variable and fixed rate.
But what really makes the People’s Choice Credit Union Variable Rate Home Loan (Package) a great pick is the range of discounts available for borrowers who bundle their products, like a $0 credit card or personal loan application fee and a $0 fee on your Everyday and ZIP account. And to make sure you’re still on the right home loan for your stage a life, People’s Choice Credit Union offer free loan reviews.
However, when your loan is paid off in full, borrowers will be charged a $350 discharge fee.
If you’re a future homeowner that prefers to be part of a community rather than a bank and want a little more bang for your buck, then the People’s Choice Credit Union Variable Rate Home Loan (Package) could be a great pick.
If you take out a People’s Choice Credit Union Variable Rate Home Loan (Package), there are a few fees to budget for, like the $395 yearly service fee and $350 discharge fee.
2.84% p.a.
n/a
n/a
n/a
3.26% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$100,000
$1,500,000
none
80.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
none
yes - free
$1,000.00
yes
yes
none
Fee waiver on credit card, transaction account, offset account.
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.
3.09% p.a.
n/a
n/a
n/a
3.50% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$100,000
$1,500,000
80.00%
90.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
none
yes - free
$1,000.00
yes
yes
none
Fee waiver on credit card, transaction account, offset account.
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.
3.04% p.a.
n/a
n/a
n/a
3.46% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$100,000
$1,500,000
none
80.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
none
yes - free
$1,000.00
yes
yes
none
Fee waiver on credit card, transaction account, offset account.
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.
3.24% p.a.
n/a
n/a
n/a
3.66% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$100,000
$1,500,000
none
80.00%
Owner Occupier
Interest Only
Weekly, Fortnightly, Monthly
yes - free
none
yes - free
$1,000.00
yes
yes
none
Fee waiver on credit card, transaction account, offset account.
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.
3.49% p.a.
n/a
n/a
n/a
3.90% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$100,000
$1,500,000
80.00%
90.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
none
yes - free
$1,000.00
yes
yes
none
Fee waiver on credit card, transaction account, offset account.
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.
3.49% p.a.
n/a
n/a
n/a
3.90% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$395.00 yearly
$350.00
$100,000
$1,500,000
none
80.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
none
yes - free
$1,000.00
yes
yes
none
Fee waiver on credit card, transaction account, offset account.
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.
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.
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.
$0.00
Yard
Variable Home Loan Special
2.09% p.a.
2.12% p.a.
$0.00
GMCU
Basic Variable
2.33% p.a.variable for 24 months and then 3.82% p.a.
3.71% p.a.
$8.00 monthly
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.
