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Home Loans

 

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Results are based on a single, full time PAYG income with no dependants. Any upfront costs that may be associated with the loan are capitalised in the loan amount. The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. The actual amount you can borrow may vary depending on factors including your verifiable net income, other debts or liabilities you have and the number of dependents you have. Lending is to approved applicants only and all lending is subject to a detailed credit assessment.

Repayment is for principal and interest and is indicative only based on the stated information. Changes in interest rates, repayment frequency and loan term will affect the repayment amount.

Assumptions

Expense Details and Default Values
The calculator initially assumes that the borrower has a minimum set of annual expenses of $16,500.
Maximum percentage of income available - currently set at 100% of income

Month
All months are assumed to be equal. In reality, many loans accrue on a daily basis this can lead to varying interest in different months.

Number of Weeks & Fortnights in a Year
One year is assumed to contain exactly 52 weeks or 26 fortnights. Thus the assumption is for a 364 day year.

Rounding
The calculator uses the unrounded payment to derive the amount of interest accrued over the full term of the deposit, however, institutions round repayments to the nearest cent.


Important information Important information Show content

The calculations provided are estimates only and based upon the information entered into the calculator by the user. The calculations do not include upfront or continuing credit fees and charges. The resulting calculations do not constitute a loan application or variation to an existing CUA facility, loan offer or loan approval.

Rates current as at 18 August 2016 and subject to change.

Your needs and financial circumstances have not been taken into account. Terms, conditions and Lending critieria apply and are available on application. Other fees and charges may apply. A General Information , Terms & Conditions brochure and Schedule of Fees are available online or from your local CUA branch. You should read both these documents before deciding whether to purchase this product, issued by CUA.

Comparison rate calculated on a $150,000 secured loan over a term of 25 years based on monthly repayments. WARNING: This comparison rate is 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.

Which home loan suits me?

Which home loan suits me? Hide

$
Will this be your primary place of residence?
Do you want a fixed or variable rate?
Do you require an offset facility?
Do you require a redraw facility?

Products

  • CUA Fresh Start Variable ~

    4.11 % p.a. (Owner occupier)4.12 % p.a. (Comparison rate*)

    More info
  • CUA Fresh Start Basic Variable ~

    3.89 % p.a. (Owner occupier)3.94 % p.a. (Comparison rate*)

    More info
  • CUA Fresh Start Access Variable ~

    4.16 % p.a. (Owner occupier)4.17 % p.a. (Comparison rate*)

    More info
  • CUA Rate Breaker Package ^

    4.25 % p.a. (Owner occupier)4.60 % p.a. (Comparison rate*)

    More info
  • CUA Basic Variable

    4.68 % p.a. (Owner occupier)4.73 % p.a. (Comparison rate*)

    More info
  • CUA Standard Variable

    4.69 % p.a. (Owner occupier)4.74 % p.a. (Comparison rate*)

    More info
  • CUA Premium Fixed Rate 3 Year #

    4.21 % p.a. (Owner occupier)4.61 % p.a. (Comparison rate*)

    More info
  • CUA Fixed Rate 3 Year #

    3.99 % p.a. (Owner occupier)4.56 % p.a. (Comparison rate*)

    More info
  • CUA Equity Line of Credit

    5.56 % p.a. (Owner occupier) % p.a. (Comparison rate*)

    More info
Offset account>< Free redraw available>| Flexible payments without penalty No monthly account keeping fees No establishment fees Interest only option Available for construction Split loan available Further advances Max LVRΔ
Owner Occupier
Available Available Available Available Available Available Available Available Available 80 %
Not Available Available Available Available Not Available Available Available Available Available 80 %
Available Available Available Available Available Available Available Available Available 95 %
Available Available Available Available Available Available Available Available Available 95 %
Not Available Available Available Available Not Available Available Available Available Available 95 %
Available Available Available Available Not Available Available Available Available Available 95 %
Up to $50,000 can be offset during fixed term>|> Available Up to $50,000 extra repayments during fixed term Available Not Available For fixed term only Available Available Not Available 95 %
Not Available Available Up to $5,000 extra repayments during fixed term Available Not Available For fixed term only Available Available Not Available 95 %
Not Available Not Available Available Available Not Available Available Not Available Not Available Available 80 %

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Important information Important information Show content

Rates current as at 18 August 2016 and subject to change.

Your needs and financial circumstances have not been taken into account. Terms, conditions and Lending criteria apply and are available on application. Other fees and charges may apply. A General Information, Terms & Conditions brochure and Schedule of Fees are available online or from your local CUA branch. You should read both these documents before deciding whether to purchase this product, issued by CUA.

The "Choose your own CUA home loan" tool is an indication only. Results do not represent pre-qualification for a home loan.

* Comparison rate calculated on a $150,000 secured loan over a term of 25 years based on monthly repayments. WARNING: This comparison rate is 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.

^ For CUA Rate Breaker, a minimum floor interest rate of 3% currently applies. Interest rate discount, minimum floor interest rate and package terms and conditions apply and are subject to change.

# On expiration of the fixed period, reverts to the current standard variable rate.

~ New lending only with CUA or additional lending of $50,000 on existing loans.

Δ Maximum Loan to Value Ratio (LVR) is inclusive of Lenders Mortgage Insurance (LMI) where applicable, except for Investors where the 85% LVR excludes LMI.

>< Offset is not available on all home loan products. You must maintain a minimum balance of $500 in each offset account to obtain the benefit of the offset from that account. Your offset account will not earn any interest.

>| A $200 minimum withdrawal amount applies for redraws conducted in-branch.

Σ Minimum premiums may apply. Any discounts / entitlements may be subject to rounding and only apply to the extent any premium is not reached. For full details of the discount and other package benefits, refer to the current Rate Breaker Package Terms & Conditions, available at cua.com.au or any CUA branch. Home, contents, landlord and car insurances issued by Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz). Credit Union Australia Limited ABN 44 087 650 959 AFSL 238317 arranges these insurances as agent of Allianz. Any advice contained in this document is general advice only and does not take into account your objectives, financial situation or needs. Terms, conditions, limits and exclusions apply. Before making a decision about any of these products, please consider the relevant product disclosure statement and financial services guide, available online at www.cua.com.au. Roadside Assistance service is provided by AGA Assistance Australia Pty Ltd ABN 52 097 227 177 trading as Allianz Global Assistance. Terms and conditions available at cua.com.au.

<< First month free is offered only to new policy holders who join via CUA directly, and can not be used in conjunction with any other offer. CUA Health is a wholly-owned, non-guaranteed subsidiary of CUA.

>> A daily transfer will refund any amounts paid in advance in excess of the total advance repayments allowed during the fixed rate period (being $50,000 for Premium Fixed and $5,000 for Fixed) unless sufficient to pay out the loan in full (in which case an Early Payout Fee may apply). Excess funds will be transferred to the nominated deposit account, which must remain open for the fixed rate period.

>|> For Premium Fixed Home Loans, any amount in excess of $50,000 in offset accounts will not be taken into account when calculating interest.