Southern Cross Credit Union home loans offer a range of packages for different needs, including the award-winning Basic Home Loan which took out a 2019 Mozo Experts Choice Award in the best Investor Home Loan category.
Check out our range of home loans for an overview of interest rates, fees and more. Or you can compare with our home loan comparison tools.
Rates and fees verified as correct at 22 October, 2020. Other information correct at the time of writing.
| Product | Fixed 3 year rate | Comparison Rate* | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 2.59% p.a. | 4.12% p.a. | $0.00 | $1,429 | ||
| 2.39% p.a. | 3.57% p.a. | $400.00 yearly | $1,429 | ||
| 2.99% p.a. | 4.80% p.a. | $0.00 | $1,429 | ||
| 2.79% p.a. | 4.46% p.a. | $0.00 | $1,429 | ||
| 2.89% p.a. | 4.20% p.a. | $400.00 yearly | $1,429 | ||
| 2.69% p.a. | 3.93% p.a. | $400.00 yearly | $1,429 |
| Product | Rate | Comparison Rate* | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 3.03% p.a. | 3.13% p.a. | $0.00 | $1,429 | ||
| 3.33% p.a. | 3.43% p.a. | $0.00 | $1,429 | ||
| 2.78% p.a. | 2.88% p.a. | $0.00 | $1,429 | ||
| 3.08% p.a. | 3.18% p.a. | $0.00 | $1,429 | ||
| 3.28% p.a. | 3.79% p.a. | $400.00 yearly | $1,429 | ||
| 4.53% p.a. | 4.63% p.a. | $0.00 | $1,429 | ||
| 3.73% p.a. | 3.83% p.a. | $0.00 | $1,429 | ||
| 3.93% p.a. | 4.03% p.a. | $0.00 | $1,429 | ||
| 3.43% p.a. | 3.53% p.a. | $0.00 | $1,429 | ||
| 3.63% p.a. | 3.73% p.a. | $0.00 | $1,429 | ||
| 3.48% p.a. | 3.58% p.a. | $0.00 | $1,429 | ||
| 3.68% p.a. | 3.78% p.a. | $0.00 | $1,429 | ||
| 3.18% p.a. | 3.28% p.a. | $0.00 | $1,429 | ||
| 3.38% p.a. | 3.48% p.a. | $0.00 | $1,429 | ||
| 3.98% p.a. | 4.48% p.a. | $400.00 yearly | $1,429 | ||
| 3.68% p.a. | 4.18% p.a. | $400.00 yearly | $1,429 | ||
| 5.33% p.a. | 5.43% p.a. | $0.00 | $1,429 | ||
| 4.93% p.a. | 5.03% p.a. | $0.00 | $1,429 |
‡ Results from this calculation are estimates only as individual lenders apply different formulas. Actual repayments will depend on your individual circumstances and interest rate changes.
I had a sizeable home loan (over $500k) with Southern Cross Credit Union. When I queried why they were not matching market rates and passing on the full rate reductions, I was told to shop around and get something in writing from another provider...
I had a sizeable home loan (over $500k) with Southern Cross Credit Union. When I queried why they were not matching market rates and passing on the full rate reductions, I was told to shop around and get something in writing from another provider to then provide to them and they would consider it! I did and moved on. Don't go there.
Robert, Queensland, reviewed 7 days ago
They encouraged me to swap from Westpac because their rates were "so much better". They have passed on less than 35 percent of the reserve bank interest cuts and I had to beg for those. Don' t make the same mistake.
They encouraged me to swap from Westpac because their rates were "so much better". They have passed on less than 35 percent of the reserve bank interest cuts and I had to beg for those. Don' t make the same mistake.
Robyn, New South Wales, reviewed 6 months ago
When we first moved to SCCU, I negotiated a very good rate and they promised us good rates and that they would look after us. Since then SCCU has absorbed for themselves well over 50 percent of the reserve bank interest rate reductions instead of...
When we first moved to SCCU, I negotiated a very good rate and they promised us good rates and that they would look after us. Since then SCCU has absorbed for themselves well over 50 percent of the reserve bank interest rate reductions instead of passing them on to us. They don't seem to have any system whereby the rates are passed directly on to the customer. You have go call the BBC bank a week after the reserve bank cut to ask why your rate hasnt dropped. On one recent Reserve bank cut they passed on 0 percent of the cut to me. I would not recommend SCCU.
Robyn, New South Wales, reviewed 7 months ago
The management and staff are very helpful and understanding. They all seem to go the extra yard to make sure we can continue business with them. I highly recommend them.
The management and staff are very helpful and understanding. They all seem to go the extra yard to make sure we can continue business with them. I highly recommend them.
Tony, New South Wales, reviewed almost 10 years ago
For me this product is perfect. The service at teh credit union is very friendly and personal so you can speak directly to the bank manager (an actual person) whenever you need to and they are very informed and competitive.
For me this product is perfect. The service at teh credit union is very friendly and personal so you can speak directly to the bank manager (an actual person) whenever you need to and they are very informed and competitive.
Claudia, New South Wales, reviewed about 10 years ago
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