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Home loans

Kick Start 2 Year Introductory Variable

 

Pause on Investor Lending

Effective Friday 31 March 2017, CUA will not be accepting investor lending applications until further notice. Read more

Why choose this home loan?

Our sharp 2 year introductory variable rate means you’ll save in interest and have lower repayments during the introductory period.
With no establishment5, annual or monthly fees, you can save more to invest in other projects.
Make extra payments without being charged and kick start your property goals.
Choose to set your repayments to either monthly, fortnightly or weekly to suit your income and budget.
$0 establishment fee5
Take advantage of $0 establishment fee on a new Kick Start 2 Year Introductory Variable application.
Apply now. Limited time only offer!5

Kick Start 2 Year Introductory Variable Home Loan

Eligibility

  • 90% maximum Loan to Valuation Ratio (LVR) including Lenders Mortgage Insurance (LMI)
  • New lending only (minimum loan amount $100,000)4
  • Principal & Interest repayments only

You must be:

  • Over 18 years of age
  • A permanent resident of Australia

Let's have a chat


Enquire now

Compare owner occupier and investor rates

 

Owner occupier

Investor

Interest rate Comparison rate* Interest rate Comparison rate*
Interest rate
3.79%p.a.
3.97%p.a.
N/A%p.a.
N/A%p.a.

Home Loan Key Facts Sheets are part of the Australian Government’s banking reforms effective 1 January 2012.

The Key Facts Sheet outlines loan information in a standardised format used by all financial institutions, therefore allowing you to compare CUA home loan products against those available from competitor institutions.

The Key Facts Sheet highlights important information, such as the total amount to be paid back over the life of a loan, and what the expected repayment is for every dollar borrowed.


Please connect with one of our home loan specialists to further discuss our product offering and the best suited product for your situation.

For more information on choosing the right home loan for you, you may also wish to visit the ASIC consumer website.

See important information below

Calculate

Compare


Important information Important information Show content

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 15 August 2017 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.

$
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?

Your results

Max LVRΔ
Fixed/variable
Interest rate
Comparison rate*

Products

  • Fresh Start Variable ~

    4.26 % p.a. (Owner occupier)4.27 % p.a. (Comparison rate*)

    More info
  • Fresh Start Basic Variable ~

    3.99 % p.a. (Owner occupier)4.00 % p.a. (Comparison rate*)

    More info
  • Fresh Start Access Variable ~

    4.31 % p.a. (Owner occupier)4.32 % p.a. (Comparison rate*)

    More info
  • CUA Rate Breaker Package ^

    4.22 % p.a. (Owner occupier)4.57 % p.a. (Comparison rate*)

    More info
  • CUA Premium Fixed Rate 2 Year #

    4.06 % p.a. (Owner occupier)4.75 % p.a. (Comparison rate*)

    More info
  • CUA Premium Fixed Rate 3 Year #

    3.96 % p.a. (Owner occupier)4.66 % p.a. (Comparison rate*)

    More info
  • Kick Start 2 Year Introductory Variable 1,2

    3.79 % p.a. (Owner occupier)3.97 % p.a. (Comparison rate*)

    More info
  • Fixed Rate 2 Year #

    3.89 % p.a. (Owner occupier)4.72 % p.a. (Comparison rate*)

    More info
  • Fixed Rate 3 Year #

    3.79 % p.a. (Owner occupier)4.61 % p.a. (Comparison rate*)

    More info
  • 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 Available Available Available Available Available 90 %
Available Available Available Available Available Available Available Available Available 95 %
Available Available Available Available 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 %
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 Available Available Available Not Available Not Available Not Available Not Available 90 %
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 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 %

Important information Important information Show content

Rates current as at 15 August 2017 and subject to change.

Loans are issued by Credit Union Australia Ltd ABN 44 087 650 959 AFSL and Australian Credit License 238317 to approved applicants only. Lending criteria, terms, conditions, fees and charges apply. Ask us for details.

1 At expiry of 2 year introductory variable period Kick Start Variable loan will revert to the Fresh Start Basic Variable Rate. Offer available to new owner-occupied loans of minimum $100,000 with Principal & Interest repayments only.

2 The offer of this product may be withdrawn at any time.

3 New lending only (minimum loan amount $100,000).

4 Borrowers cannot switch to this product from their existing CUA home loan product.

5 Loan Establishment fee of $600 waived for new Kick Start 2 Year Introductory Variable applications applied for after 18 Jul 2017 until offer withdrawn. Security administration fee and other fees may apply.

* 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.