Credit Union SA - Loans

Fixed Rate

Get the right fit with your home loan. Our fixed rate home loan offers a competitive interest rate that is fixed for 1, 2 or 3 years.

Rates and repayments on Fixed Rate Loans are fixed over a specified period which makes budgeting simple.

So how does it work?

The Credit Union SA Fixed Rate Home Loan is for purchasing or re-financing residential property to occupy or for rental purposes.

Additional repayments may be restricted or not permitted depending on the loan conditions.

Fixed versus Variable

Which one to pick? If interest rates rise, you benefit from the fixed rate but if rates fall, you will miss out on the savings from a lower rate. So you need to carefully consider both your circumstances and future interest rate ups and downs.

Key points

Minimum loan is $5,000
Minimum top up $5,000
Maximum term of loan is 30 years
No account keeping fees
Addition lump sum repayments permitted
Redraw available - minimum $500
Able to refix

For further information call our member service centre
on 8202 7777 or visit your local branch.

- Fixed Rate

Fixed Rate - Rates

	Amount		Nom.% pa	Comparison % pa
New	$5k to	1 yr	6.87	7.17
	$299k	2 yr	7.45	7.26
		3 yr	7.85	7.41
	$300k &	1 yr	6.87	6.91
	above	2 yr	7.45	7.02
		3 yr	7.85	7.19
Refix or	$5k to	1 yr	7.27	7.21
Transfer	$299k	2 yr	7.45	7.25
		3 yr	7.85	7.40
	$300k &	1 yr	7.27	6.94
	above	2 yr	7.45	7.01
		3 yr	7.85	7.18

Notes:
Interest is calculated on a daily basis.
Comparison rate is based on a loan of $150,000 taken over 25 years.