Fixed rate *

3.30

%

p.a.

Comparison rate *

3.70

%

p.a.

Redraw fee *

$0

Monthly fee *

$0

Fixed Rate Package - 1 Year - Principal & Interest - Owner Occupied☉︎§︎#^
*For more information on the rates, fees and charges that can apply please refer to our important information below. Comparison rates are based on a $150,000 secured loan for 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.

Perfect if you have a strict budget.

Select your fixed rate period, lock it in and you’ll know exactly what your repayments will be during that time, regardless of any movement in our variable rate.

Don’t worry, though – you‘ll still have flexible options at your disposal to save money and pay off your loan sooner.

Plus, for a limited time we’re letting you choose between a $2,500 cashback or a reduced rate1 when you take out an eligible home loan with us. Find out more.

Quick and easy application

Our paperless application makes it simple for you to apply online, over the phone or in person.

Budgeting certainty

You’ll know exactly what your repayments will be throughout the fixed rate period chosen.

Available with our Home Loan Package

Get a discount on your rate - and big fee savings! Annual package fee and conditions apply.

Ability to make additional repayments

Up to $10,000 each year and redraw at no cost.

Choose between a $2,500 cashback or a reduced rate

Special Offer Owner Occupied Fixed Home Loan Package

Product NameInterest RateComparison rate
Fixed Rate Package - 1 Year - Principal & Interest - Owner Occupied☉︎§︎#^µ︎3.80% p.a.3.97% p.a.
Fixed Rate Package - 2 Year - Principal & Interest - Owner Occupied☉︎§︎#^µ︎4.35% p.a.4.09% p.a.
Fixed Rate Package - 3 Year - Principal & Interest - Owner Occupied☉︎§︎#^µ︎4.79% p.a.4.27% p.a.
Fixed Rate Package - 4 Year - Principal & Interest - Owner Occupied☉︎§︎#^µ︎5.05% p.a.4.45% p.a.
Fixed Rate Package - 5 Year - Principal & Interest - Owner Occupied☉︎§︎#^µ︎5.19% p.a.4.62% p.a.

Special Offer Investment Fixed Home Loan Package

Product NameInterest RateComparison rate
Fixed Rate Package - 2 Year - Principal & Interest - Investment☉︎§︎#^4.49% p.a.4.67% p.a.
Fixed Rate Package - 3 Year - Principal & Interest - Investment☉︎§︎#^5.05% p.a.4.84% p.a.
Fixed Rate Package - 4 Year - Principal & Interest - Investment☉︎§︎#^5.30% p.a.4.99% p.a.
Fixed Rate Package - 5 Year - Principal & Interest - Investment☉︎§︎#^5.39% p.a.5.11% p.a.

Owner Occupied Fixed Home Loan Package

Product NameInterest RateComparison rate
Fixed Rate Package - 1 Year - Principal & Interest - Owner Occupied☉︎§︎★︎☆︎µ︎4.10% p.a.4.00% p.a.
Fixed Rate Package - 1 Year - Interest Only - Owner Occupied☉︎§︎♠︎★︎µ︎4.90% p.a.4.34% p.a.
Fixed Rate Package - 2 Year - Principal & Interest - Owner Occupied☉︎§︎★︎☆︎µ︎4.49% p.a.4.11% p.a.
Fixed Rate Package - 2 Year - Interest Only - Owner Occupied☉︎§︎♠︎★︎µ︎5.04% p.a.4.45% p.a.
Fixed Rate Package - 3 Year - Principal & Interest - Owner Occupied☉︎§︎★︎☆︎µ︎5.05% p.a.4.34% p.a.
Fixed Rate Package - 3 Year - Interest Only - Owner Occupied☉︎§︎♠︎★︎µ︎5.40% p.a.4.65% p.a.

Owner Occupied Fixed Rate Home Loans

Product NameInterest RateComparison rate
Fixed Rate Home Loan - 1 Year - Principal & Interest - Owner Occupied☉︎★︎☆︎µ︎4.95% p.a.4.83% p.a.
Fixed Rate Home Loan - 1 Year - Interest Only - Owner Occupied☉︎♠︎★︎µ︎5.10% p.a.5.02% p.a.
Fixed Rate Home Loan - 2 Year - Principal & Interest - Owner Occupied☉︎★︎☆︎µ︎5.09% p.a.4.87% p.a.
Fixed Rate Home Loan - 2 Year - Interest Only - Owner Occupied☉︎♠︎★︎µ︎5.24% p.a.5.06% p.a.
Fixed Rate Home Loan - 3 Year - Principal & Interest - Owner Occupied☉︎★︎☆︎µ︎5.45% p.a.5.00% p.a.
Fixed Rate Home Loan - 3 Year - Interest Only - Owner Occupied☉︎♠︎★︎µ︎5.60% p.a.5.18% p.a.

Investment Fixed Home Loan Package

Product NameInterest RateComparison rate
Fixed Rate Package - 1 Year - Principal & Interest - Investment☉︎★︎☆︎4.60% p.a.4.66% p.a.
Fixed Rate Package - 1 Year - Interest Only - Investment☉︎♠︎★︎4.10% p.a.4.35% p.a.
Fixed Rate Package - 2 Year - Principal & Interest - Investment☉︎§︎★︎☆︎4.74% p.a.4.72% p.a.
Fixed Rate Package - 2 Year - Interest Only - Investment☉︎§︎♠︎★︎4.24% p.a.4.39% p.a.
Fixed Rate Package - 3 Year - Principal & Interest - Investment☉︎§︎★︎☆︎5.30% p.a.4.91% p.a.
Fixed Rate Package - 3 Year - Interest Only - Investment☉︎§︎♠︎★︎4.90% p.a.4.59% p.a.

Investment Fixed Rate Home Loans

Product NameInterest RateComparison rate
Fixed Rate Home Loan - 1 Year - Principal & Interest - Investment☉︎★︎☆︎5.15% p.a.5.48% p.a.
Fixed Rate Home Loan - 1 Year - Interest Only - Investment☉︎♠︎★︎4.65% p.a.5.20% p.a.
Fixed Rate Home Loan - 2 Year - Principal & Interest - Investment☉︎★︎☆︎5.29% p.a.5.48% p.a.
Fixed Rate Home Loan - 2 Year - Interest Only - Investment☉︎♠︎★︎4.79% p.a.5.18% p.a.
Fixed Rate Home Loan - 3 Year - Principal & Interest - Investment☉︎★︎☆︎5.65% p.a.5.56% p.a.
Fixed Rate Home Loan - 3 Year - Interest Only - Investment☉︎♠︎★︎5.15% p.a.5.24% p.a.

Fixed Rate Home Loan Package fees

Fee

Amount

Application Fee

$0

Monthly Fee

$0

Redraw Fee

$0

Package Fee

$395

Other fees and charges may apply. This is general advice only and you should consider the terms and conditions before determining whether any of our products are suitable to your situation.

Start your application now

For a home loan that makes you feel at home – get in touch with us today.

Start your home loan application online anytime, anywhere

Details you’ll need to have handy:

  • your income and living expense details
  • information about what you own and what you owe.

We’ll call you back within 48 hours to talk you through the next steps.

Apply now

Don’t have time to visit us?

No problem. We can come to you!

Simply book an appointment with one of our Mobile Lending Managers at a time and place that suits you.

Make an appointment

Buying your first home can be both exciting and overwhelming.

After all, it’s your first step onto the property ladder and quite possibly your first major investment.

It’s also an expensive and time-consuming process. So even though this is your first house, you should try to ensure that you’ll be happy in it for as long as possible. We have created this guide to help you do exactly that.

Learn more

Calculators

Borrowing Power Calculator

The Borrowing power calculator will determine what amount a lender may lend you based on your income and expenses.

Calculate now


Buying and Selling Costs Calculator

The Buying and Selling Costs calculator will calculate the costs of buying and selling, including real estate agent costs and stamp duty.

Calculate now

The credit union difference

At Credit Union SA, we offer all the same services as a bank but with one very important difference - our highest priorities are our members and our community.

Learn more about us

FREQUENTLY ASKED QUESTIONS
View all Loans FAQs

The Credit Union SA Home Loan Package is designed to help you save money. It offers a fantastic collection of bundled benefits across Home Loans, Visa credit cards, Personal Loans, Transaction Accounts, Term Deposits and more.

When you're buying or building a home or apartment you intend to live in, it's called an owner occupied property. This includes holiday homes that you don’t rent out and purchases of land on which you intend to build on, to live in. When you're applying for a home loan, you'll need to specify whether you're applying for an owner occupied loan or an investment loan. This distinction can change the interest rate options and loan features available to you.

Providing you redraw a minimum of $500 at a time, you can redraw excess funds at any time for no fees. To find out more visit the Compare Home Loans page.

Refinancing is when you move your home loan from one lender to another. You might do this to get a better interest rate, better loan features, better service… any reason at all really! Be careful though, as there may be some Help me refinance my Home Loan.

Struggling to save up enough of a deposit to buy your first home or first investment property? Then our Family Guarantee could be just the thing to get you into a place you can call your own. Our Family Guarantee enables first home buyers with limited savings to enter the property market sooner*.

Here's how it works – If your parents or other family members have equity in their home, investment property or have a Term Deposit with Credit Union SA, you can use that equity or investment to guarantee a portion of your loan.

Which family members can provide a Family Guarantee?

  • Parents
  • Parents-in-law
  • Step-parents

Credit Union SA will consider the provision of guarantees by other immediate family members where a guarantee from the above-mentioned family members would not be appropriate.

When can a Family Guarantee be used?

Guarantees from family members can only be provided to assist first home buyers/investors to:

  • purchase a new property;
  • purchase an established property;
  • build a new home.

Where a borrower is entitled to a government grant, the entitlement will not be affected by the provision of a Family Guarantee. Family Guarantees will not usually be accepted by the Credit Union where offered to support borrowings for a second/subsequent property or for any other purpose.

To find out more about leveraging the equity in Mum and Dad's home so you can get into yours, have an obligation-free chat with one of our experienced staff, Mobile Managers or download our guide.

Download our Family Guarantee Guide

*Subject to responsible lending criteria.

We offer Home Loan Offset Accounts on our Standard Variable Rate Home Loans and variable loans under a Home Loan Package. To find out more visit the Compare Home Loans page.

To check the current Home Loan rates on the different loans available, visit our rates page.

Credit Union SA’s $5,000 First Home Buyer’s Grant is available when you borrow at least $250,000 to purchase or build a first home with a loan to value ratio (LVR) over 80%.


Lending criteria, fees and conditions apply. Offer is current as at 23/04/2018 and is subject to change. Minimum loan $250,000 to purchase or build a first home with a loan to value ratio over 80%. All loans that are eligible for the First Home Buyers Grant will be subject to pay Lenders’ Mortgage Insurance. To be eligible, applicants must not have previously owned residential property in Australia. Available to natural persons only (i.e. not a trustee or a company).

Generate a Home Loans Key Facts Sheet (HLKFS) on our website.

A Home Loans Key Facts Sheet (HLKFS) will provide you with information about our standard home loans that you can compare with other financial institutions. To generate one you'll need to select the home loan product type and enter the loan amount and loan term.

There are two ways you can choose to receive your First Home Buyers Grant from Credit Union SA:

  1. Have it paid into an account of your choice after settlement. Please note the grant cannot be accessed prior to settle for new complete or established homes. If you are constructing, the grant will be paid on confirmation that the foundation has been poured.
  2. Choose to have it applied directly towards the settlement of your property purchase, or when constructing, the grant is paid when the foundation is poured.
INFORMATION YOU SHOULD KNOW

☉︎

Conditions, fees and lending criteria apply and are available on request. Comparison rates are based on a $150,000 secured loan for 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.

§︎

You must hold, or be approved for, total Package borrowings of at least $150,000. Conditions and annual package fee of $395 applies.

#

This offer is available on new loans with minimum new borrowings of $150,000. Bridging and construction loans are not eligible for this offer.

^

Offers valid as at 29/06/2022 are limited and may be withdrawn or altered at any time without notice. Interest rates are subject to change.

µ︎

Available for Family Home Guarantee (FHG) and First Home Guarantee (FHBG) participants who meet the scheme eligibility requirements of NHFIC Scheme Loans. Credit Union SA First Home Buyers Grant is not available on NHFIC Scheme loans. Interest Only only available for construction, after your construction period your loan will revert to principle and interest

★︎

Cashback offer available on any owner-occupied or investment loan with minimum new borrowings of $250,000 where the loan to value ratio is 80% or less. Funds available at settlement, except in the case of construction loans where cashback will be paid on confirmation that the foundation has been poured. Limit of one cashback per household. Not available on fixed rate special offers and bridging loans.

☆︎

Available where the loan to value ratio is 97% or less, including capitalised LMI, for owner occupied or investment loans

♠︎

Interest only interest rates apply when you request to only repay interest charges on your loan. Interest only are only available where the loan to value ratio is 80% or less. For construction loans, you will only be charged interest only rates if, after your construction period, your repayments will not be principal and interest repayments.

1

Requires minimum new borrowings of $500,000 or more where the loan to value ratio is 85% or less for owner-occupied loans or investment loans.

2

Offer available on new loans with minimum new borrowings of $150,000 where the LVR is 80% or less and no cashback is taken. Not available on fixed rate special offers and bridging loans.

3

The target market for this product can be found within the product’s Target Market Determination (TMD), available at creditunionsa.com.au/legal/terms-and-conditions/target-market-determination