The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest loan of at least $150,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan of at least $150,000 with an LVR below 90%
The details shown below are for an investor taking out a interest only loan of at least $150,000 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan of at least $150,000 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 | < 80% | $150,000 | |
| | Owner Occupier | Principal & Interest | 80%-90% | $150,000 | |
| | Investor | Principal & Interest | < 80% | $150,000 | |
| | Investor | Principal & Interest | 80%-90% | $150,000 | |
| | Investor | Interest Only | < 80% | $150,000 | |
| | Investor | Interest Only | 80%-90% | $150,000 |
Owner Occupier (Principal & Interest)
LVR < 80%
Loan: $150,000
Owner Occupier (Principal & Interest)
LVR 80%-90%
Loan: $150,000
Investor (Principal & Interest)
LVR < 80%
Loan: $150,000
Investor (Principal & Interest)
LVR 80%-90%
Loan: $150,000
Investor (Interest Only)
LVR < 80%
Loan: $150,000
Investor (Interest Only)
LVR 80%-90%
Loan: $150,000
An offset account and low variable rates? No you’re not dreaming, that’s exactly what The Better Home Loan from Police Credit Union provides with variable rates starting from a competitive 2.69% (2.74% comparison rate*). Borrowers will also be able to make use of a 100% offset account as well as the free extra repayments and redraw features.
The Better Home Loan from Police Credit Union offers competitive rates to all sorts of borrowers, with variable rates starting from 2.69% (2.74% comparison rate*) for owner occupiers and 2.69% (2.74% comparison rate*) for investors.
Available to borrowers taking out a loan amount of at least $150,000, rates with the The Better Home Loan will vary depending on your LVR and, for investors, whether you’re making principal and interest or interest-only repayments.
Aside from it’s competitive rates, one of the standout features of Police Credit Union’s Better Home Loan is the 100% offset account which borrowers will be able to use to bring down their mortgage repayments. And speaking of repayments, homeowners will also be able to choose the repayment schedule which suits them best - whether that’s on a weekly, fortnightly or monthly basis.
Police Credit Union also lets borrowers make free extra repayments towards their loan and, should they need to, dip into those extra repayments with the free online redraw facility.
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 Better Home Loan from Police Credit Union could be your mortgage match.
While The Better Home Loan doesn’t come with any monthly or ongoing fees, there are a number of other costs that borrowers will need to budget for including the $420 application fee and $150 discharge fee among others.
2.69% p.a.
n/a
n/a
n/a
2.74% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$420.00
$141.64
$205.00
$0.00
n/a
$0.00
$150.00
$150,000
none
none
80.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - fees apply
$200.00
yes
yes
Fees shown are for applications in South Australia only. Fees may vary in other states.
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.
2.69% p.a.
n/a
n/a
n/a
2.74% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$420.00
$141.64
$205.00
$0.00
n/a
$0.00
$150.00
$150,000
none
80.00%
90.00%
Owner Occupier
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - fees apply
$200.00
yes
yes
Fees shown are for applications in South Australia only. Fees may vary in other states.
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.
2.69% p.a.
n/a
n/a
n/a
2.74% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$420.00
$141.64
$205.00
$0.00
n/a
$0.00
$150.00
$150,000
none
none
80.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - fees apply
$200.00
yes
yes
Fees shown are for applications in South Australia only. Fees may vary in other states.
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.
2.99% p.a.
n/a
n/a
n/a
3.04% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$420.00
$141.64
$205.00
$0.00
n/a
$0.00
$150.00
$150,000
none
80.00%
90.00%
Investor
Principal & Interest
Weekly, Fortnightly, Monthly
yes - free
no
yes - fees apply
$200.00
yes
yes
Fees shown are for applications in South Australia only. Fees may vary in other states.
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.
2.99% p.a.
n/a
n/a
n/a
3.02% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$420.00
$141.64
$205.00
$0.00
n/a
$0.00
$150.00
$150,000
none
none
80.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - fees apply
$200.00
yes
yes
Fees shown are for applications in South Australia only. Fees may vary in other states.
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.
2.99% p.a.
n/a
n/a
n/a
3.02% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$420.00
$141.64
$205.00
$0.00
n/a
$0.00
$150.00
$150,000
none
80.00%
90.00%
Investor
Interest Only
Weekly, Fortnightly, Monthly
yes - free
no
yes - fees apply
$200.00
yes
yes
Fees shown are for applications in South Australia only. Fees may vary in other states.
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.
Police Credit Union SA/NT provides its members with flexible and fair rate financial products, offering term deposits, savings accounts, home loans, personal loans, debt consolidation, and financial planning services.
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.
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.
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
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.
