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Discounted Variable Rate Home Loans Enjoy flexibility with your loan

Low variable rate for the life of the loan

Want the freedom to get ahead when you can?

As the name suggests, variable rates aren’t fixed and neither is your minimum repayment. When the rate drops, you pay a little less. When it goes up, you pay a little more. The rate isn’t the only flexible ingredient, though. Our variable rate home loans also offer many convenient features to help you pay off your loan sooner.  

Discounted Variable Rate Home Loan

Our Discounted Variable Rate Home Loan is a great choice if you’re a budget-conscious borrower on the lookout for something simple, but effective, that won’t charge you extra if you want to repay it faster (and save heaps in the process).

Features

No loan application, monthly or annual fees 

Unlimited fee-free additional repayments

In fact, repay the whole loan as fast as you like, without penalty.

Redraw those extra repayments

Any time, and at no cost.

Put repayments on-hold for a while

If your circumstances change.

Special offer rates

Product Name Interest Rate Comparison Rate
Special Offer Owner Occupied*1 3.99% pa 4.01% pa
Special Offer Owner Occupied*2 4.20% pa 4.22% pa
Special Offer Investment* 4.20% pa 4.22% pa

Discounted Variable Rate Home Loan interest rates

Product Name Interest Rate Comparison Rate
Owner Occupied 4.50% pa 4.52% pa
Investment 4.75% pa 4.77% pa

Fees

Fee Amount
Application Fee$0
Monthly Fee$0
Redraw Fee$0

How we can help

Sometimes a bit of certainty is as good as a holiday.

The ultimate in savings and flexibility.

Undisputed champions of flexibility.

Everything you get from everything we have.

Tools

Calculate your repayments for different loans, for various terms and payment frequencies.

Get a realistic estimate of your borrowing capacity based on your likely income and expenses.

Find out in an instant what the mandatory government fees will be at different property purchase prices.

*This rate is available for loans where $150,000 or more of the loan amount is new to Credit Union SA. This offer is limited and may be withdrawn at any time without notice. Lending criteria, fees, conditions apply and are available upon request. Comparison rates are based on a $150,000 secured loan over 25 years. WARNING: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

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