Police Credit Union logo
Mini meca 2024

Police Credit Union Low Rate Home Loan

Advertiser disclosure
The details shown below are for an owner occupier taking out a principal & interest loan of at least $200,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $250,000 with an LVR below 70%
The details shown below are for an investor taking out a principal & interest loan of at least $200,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan of at least $250,000 with an LVR below 70%

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% $200,000
Owner Occupier Principal & Interest < 70% $250,000
Investor Principal & Interest < 80% $200,000
Investor Principal & Interest < 70% $250,000
  • Owner Occupier (Principal & Interest)
    LVR < 80%
    Loan: $200,000
  • Owner Occupier (Principal & Interest)
    LVR < 70%
    Loan: $250,000
  • Investor (Principal & Interest)
    LVR < 80%
    Loan: $200,000
  • Investor (Principal & Interest)
    LVR < 70%
    Loan: $250,000
Rate
6.14% p.a.
Comparison Rate
6.20% p.a.
Service fee
$0.00
Upfront fee
$420
Rate
5.89% p.a.
Comparison Rate
5.95% p.a.
Service fee
$0.00
Upfront fee
$420
Rate
6.19% p.a.
Comparison Rate
6.25% p.a.
Service fee
$0.00
Upfront fee
$420
Rate
5.94% p.a.
Comparison Rate
6.00% p.a.
Service fee
$0.00
Upfront fee
$420

Mozo editorial review Police Credit Union Low Rate Home Loan - last updated: 10 July 2024

binocular icon
What's hot
  • Special offer: rates from 5.89% p.a. (5.95% p.a. comparison rate*)
  • Rates from 6.14% p.a. (6.20% p.a. comparison rate*) for Owner Occupiers and 6.19% p.a. (6.25% p.a. comparison rate*) for Investors
  • 100% offset account
  • Extra repayments and redraws available
What's not
  • $150 discharge fee
  • $420 application fee
Mozo snapshot

A 100% offset account, handy extra features and competitive variable rates starting from just 6.14% p.a. (6.20% p.a. comparison rate*) for Owner Occupiers and 6.19% p.a. (6.25% p.a. comparison rate*) for Investors? No, you’re not dreaming, that’s exactly what Low Rate Home Loan from Police Credit Union is offering. 

key icon
Key features

The Low Rate Home Loan Special Offer from Police Credit Union currently offer owner occupiers with an LVR <70% an interest rate starting at 5.89% p.a. (5.95% p.a. comparison rate*), for new loans with Police Credit Union of at least $250,000.

For those with slightly higher LVRs of <80%, the rates are still competitive. On loan amounts of at least $200,000, variable rates start from just 6.14% p.a. (6.20% p.a. comparison rate*) for owner occupiers and a super competitive 6.19% p.a. (6.25% p.a. comparison rate*) for investors.

Aside from the competitive rates available, one of the standout features of Police Credit Union’s loan is the 100% offset account which borrowers can use to bring down the loan balance they're paying interest on. Customers will also be able to choose the schedule on which they want to make their repayments - whether weekly, fortnightly or monthly.

Borrowers can also make extra repayments towards their loan for free and, should they wish to, dip into those extra repayments with via online redraw facility ($200 minimum redraw applies).


snapshot
Who is it good for

It’s not often that borrowers will be able to find a home loan with an offset account and competitive variable rates, so if a flexible and budget-friendly loan sounds tempting then the Low Rate Home Loan from Police Credit Union could be a good match.

question icon
Any catches

If you're planning to close your loan, there is a $150 discharge fee. Also, keep in mind that there is an upfront fee of $420 plus other valuation, legal and settlement fees charged at cost.

Details

Rates and fees information correct as at 16 July 2024. 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

6.14% p.a.

n/a

n/a

n/a

6.20% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$420.00

n/a

n/a

n/a

n/a

$0.00

$150.00

Other financial bits

$200,000

none

none

80.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

$200.00

yes

yes

Valuation, legal and settlement fees are charged at cost.

none

none

^See information about the Mozo Expert Choice Home Loans Awards

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 16 July 2024. 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

5.89% p.a.

n/a

n/a

n/a

5.95% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$420.00

n/a

n/a

n/a

n/a

$0.00

$150.00

Other financial bits

$250,000

none

none

70.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

$200.00

yes

yes

Available for new lending to Police Credit Union only. Valuation, legal and settlement fees are charged at cost.

none

none

^See information about the Mozo Expert Choice Home Loans Awards

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 16 July 2024. 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

6.19% p.a.

n/a

n/a

n/a

6.25% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$420.00

n/a

n/a

n/a

n/a

$0.00

$150.00

Other financial bits

$200,000

none

none

80.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

$200.00

yes

yes

Valuation, legal and settlement fees are charged at cost.

none

none

^See information about the Mozo Expert Choice Home Loans Awards

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 16 July 2024. 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

5.94% p.a.

n/a

n/a

n/a

6.00% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$420.00

n/a

n/a

n/a

n/a

$0.00

$150.00

Other financial bits

$250,000

none

none

70.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

no

yes - free

$200.00

yes

yes

Available for new lending to Police Credit Union only. Valuation, legal and settlement fees are charged at cost.

none

none

^See information about the Mozo Expert Choice Home Loans Awards

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 Police Credit Union home loans rated by the Mozo community?

Overall
8.2/10
Price
8.1/10
Features
7.1/10
Customer service
8.9/10
Convenience
8.0/10
Trust
8.3/10
Based on 21 Police Credit Union home loan reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

About Police Credit Union

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a. variable

5.90% p.a.

Thumbnail icon for Greater Bank
Greater Bank

Great Rate Home Loan

6.04% p.a. variable

6.06% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan (Fixed)

6.25% p.a.
fixed 3 years

6.20% p.a.

Thumbnail icon for Police Credit Union
Police Credit Union

Low Rate Home Loan

6.14% p.a. variable

6.20% p.a.

Thumbnail icon for HSBC
HSBC

Home Value Loan

6.09% p.a. variable

6.09% p.a.

Thumbnail icon for Unloan
Unloan

Variable

6.29% p.a. variable

6.20% p.a.

Thumbnail icon for ANZ
ANZ

Fixed Rate

6.59% p.a.
fixed 3 years

7.06% p.a.

Thumbnail icon for South West Slopes Bank
South West Slopes Bank

Fixed Home Loan Rate

5.69% p.a.
fixed 3 years

6.34% p.a.

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a. variable

5.90% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan

6.14% p.a. variable

6.16% p.a.

Thumbnail icon for Greater Bank
Greater Bank

Great Rate Home Loan

6.04% p.a. variable

6.06% p.a.

Thumbnail icon for Unloan
Unloan

Variable

6.29% p.a. variable

6.20% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan

6.24% p.a. variable

6.48% p.a.

Thumbnail icon for Aussie
Aussie

Elevate

6.09% p.a. variable

6.20% p.a.

Thumbnail icon for Police Credit Union
Police Credit Union

Low Rate Home Loan

6.14% p.a. variable

6.20% p.a.

Thumbnail icon for South West Slopes Bank
South West Slopes Bank

Fixed Home Loan Rate

5.69% p.a.
fixed 3 years

6.34% p.a.

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a.

5.90% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan

6.14% p.a.

6.16% p.a.

Thumbnail icon for Greater Bank
Greater Bank

Great Rate Home Loan

6.04% p.a.

6.06% p.a.

Thumbnail icon for Police Credit Union
Police Credit Union

Low Rate Home Loan

6.14% p.a.

6.20% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan

6.01% p.a.

6.14% p.a.

Thumbnail icon for Aussie
Aussie

Elevate

6.09% p.a.

6.20% p.a.

Thumbnail icon for ING
ING

Mortgage Simplifier

6.14% p.a.

6.17% p.a.

Thumbnail icon for Macquarie
Macquarie

Offset Home Loan (Package)

6.14% p.a.

6.39% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan (Fixed)

6.25% p.a.
fixed 3 years

6.20% p.a.

Thumbnail icon for South West Slopes Bank
South West Slopes Bank

Fixed Home Loan Rate

5.69% p.a.
fixed 3 years

6.34% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan (Fixed)

6.35% p.a.
fixed 3 years

6.26% p.a.

Thumbnail icon for ING
ING

Fixed Rate Loan

6.09% p.a.
fixed 3 years

6.15% p.a.

Thumbnail icon for ANZ
ANZ

Fixed Rate

6.59% p.a.
fixed 3 years

7.06% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan Fixed

5.99% p.a.
fixed 3 years

6.41% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan (Fixed)

6.54% p.a.
fixed 3 years

6.38% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan Fixed

5.99% p.a.
fixed 3 years

6.41% p.a.

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a.

5.90% p.a.

$0.00

Thumbnail icon for Greater Bank
Greater Bank

Great Rate Home Loan

6.04% p.a.

6.06% p.a.

$0.00

Thumbnail icon for HSBC
HSBC

Home Value Loan

6.09% p.a.

6.09% p.a.

$0.00

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan

6.01% p.a.

6.14% p.a.

$10.00 monthly

Thumbnail icon for Aussie
Aussie

Elevate

6.09% p.a.

6.20% p.a.

$0.00

Thumbnail icon for G&C Mutual Bank
G&C Mutual Bank

First Home Buyer Loan

5.99% p.a.

6.02% p.a.

$0.00

Thumbnail icon for Community First Bank
Community First Bank

Basic Variable Home Loan

5.94% p.a.

5.99% p.a.

$0.00

Thumbnail icon for Unity Bank
Unity Bank

First Home Buyer Advantage Plus Home Loan

5.99% p.a.

6.76% p.a.

$0.00

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.

Compare other home loans