Own your home sooner with our low rate Advance Variable Home Loan. Good move.

Why choose our Advance Variable Home Loan?

  • Offset your interest to save

    Save on interest with free Multi-Account Offset. Offset up to $50,000 of the combined balances of your CUA Everyday Accounts.4
  • Save on fees

    With no Loan Establishment Fee (normally $600)3, annual or monthly account keeping fees you can save money for the other important things in your life.
  • Reach your property goals sooner

    Enjoy the flexibility of being able to make unlimited extra repayments without penalty.
  • Enjoy free redraw

    Access your additional home loan repayments with redraw, so you can use it whenever you need some breathing space.5
  1. Owner Occupier P&I Loans: 90% maximum Loan to Valuation Ratio (LVR) including Lenders Mortgage Insurance (LMI)
  2. Principal and interest repayments
  3. Different rates apply for owner-occupier construction and interest only lending

You must be:

  • Over 18 years of age
  • A permanent resident of Australia
  • Establishment fee: $03
  • Annual fee: $0
  • Monthly fee: $0
  • Security administration fee: $195
  • Other fees may apply
Enquire now

Make a quick calculation

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.

Fees and charges are payable. The calculations do not take into account fees, charges or other amounts that may be charged to your loan (such as establishment or monthly service fees or stamp duty). If you are borrowing more than 80% of the value of the property, Lenders Mortgage Insurance may apply. Any of these additional amounts will increase repayments under the loan. .

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.


Expense Details and Default Values
The calculator initially assumes that the borrower has a minimum set of annual expenses of $17,004.
Maximum percentage of income available - currently set at 100% of income

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.

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 21 March 2018 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.

A good move for more than just your home loan

Home and contents insurance6

Enjoy up to 30% no claim bonus7 8, plus…

  • Save up to 10% when you combine your building & contents8
  • Get new-for-old contents replacement9
  • Pay by the month at no extra cost10
CUA Platinum Credit Card14

Choose a credit card that rewards you in ways that really matter:

  • 25,000 bonus points15 when you spend $1,500 in the first 3 months
  • $0 annual fee in the first year (save $149)16
  • Up to 55 days interest free17
Award-winning CUA Everyday Account18
  • No monthly fees and no fees for everyday transactions
  • Multiple ways to manage your money, including Apple Pay16, Android Pay20 & Samsung Pay
  • Offset account for your Advance Home Loan
Important information Important information Show content

Rates current as at 21 March 2018 and subject to change.

Home loans issued by Credit Union Australia Ltd ABN 44 087 650 959, Australian credit licence 238317 to approved applicants only. Lending criteria, fees, charges, terms & conditions apply. Ask us for details.

1 Advance Variable Home Loan offer available to new owner-occupier loans of $100,000 or more with principal and interest repayments. Not available for construction purposes. Maximum LVR limit of 90% inclusive of lenders mortgage insurance (LMI) applies.

2 New loans only. Offer not available for switching of existing CUA home loans or to applicants for another CUA home loan fully approved prior to 25/08/2017.

3 Loan Establishment Fee of $600 waived until fee waiver offer withdrawn.

4 You must maintain a minimum balance of $500 in each offset account to obtain an offset benefit. The maximum in your offset accounts that is able to be offset against your Advance Variable home loan when calculating interest is $50,000. Offset account balances in excess of $50,000 will not be taken into account when calculating interest on your loan. You will also not receive any interest on the funds in your offset accounts.

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

*This comparison rate calculated on a $150,000 loan over 25 years based on monthly repayments. WARNING: Comparison rate true only for example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in different comparison rate.

Home and contents insurance:

6 Credit Union Australia Limited, ABN 44 087 650 959 (CUA) AFSL No. 238317 arranges this insurance as agent for the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL No 234708 (Allianz). CUA does not guarantee or otherwise support this insurance product. Policy terms, conditions, limits, exclusions and underwriting criteria apply. This is general advice only and does not take into account your objectives, financial situation or needs (your “personal circumstances”). Before making a decision about whether to purchase or continue to hold this product please consider whether the advice is appropriate for your personal circumstances, as well as the relevant Product Disclosure Statement for Vital Home Insurance, Classic Home Insurance, and Prestige Home Insurance, and Financial Services Guide. If you purchase this insurance, we will receive a commission that is a percentage of the ‎premium. Ask us for details before we provide you with services. Full details of the commission are set out in the relevant Financial Services Guide.

7 To qualify for the maximum No Claim Bonus of 30%, customers must have had no home or contents insurance claims in the preceding five years. However, customers who have had up to two claims may still qualify for reduced No Claim Bonus.

8 Application of discounts is subject to minimum premiums and rounding. In some instances this may reduce the extent to which the discount is applied. Discounts may not be applied to any flood component of the premium (if applicable). In addition, the discount is applied to the premium before application of fees, charges and taxes that are included in the total premium amount paid by you. If you are eligible for more than one, we also apply each of them in a predetermined order to the premium as reduced by any prior applied discounts/entitlements.

9 At Allianz’s discretion and subject to availability of a replacement item.

10 Premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding and financial institution transaction fees may apply.

CUA Platinum Credit Card

14 Lending criteria, fees, charges, CUA Credit Card Conditions of Use apply. Credit Union Australia Limited ABN 44 087 650 959 AFSL and Australian credit licence 238317 (CUA) is the issuer of the CUA Platinum Credit Card.

15 Earn 25,000 bonus CUA Life Rich Rewards Points on your CUA Platinum Credit Card when you spend $1,500 on eligible retail purchases within 3 months from card approval. Cash advances, balance transfers, interest charges, government charges, bank fees, gambling, charge backs, refunds and card account adjustments resulting from disputed transactions are not eligible retail purchases. Bonus points will be added to your CUA Life Rich Rewards account within 10 weeks of the 3 month period ending. Offer is available to members who are approved for a CUA Platinum Credit Card between 29/08/2017 and 30/10/2017.

16 After the first year has expired, an Annual Fee of $149 on Platinum cards will be applied each year. Fees are current as at 28 August 2017 and are subject to change.

17 The interest free period of up to 55 days applies to purchases when you pay your balance off in full by the payment due date. If you carry over a balance on your credit card from one month to the next (including outstanding Balance Transfer amounts), the 55 days’ interest-free period does not apply and you are charged interest once you make a purchase. No interest free period is available on Cash Advances or Balance Transfers.

CUA Everyday Account:

18 Terms, conditions fees and charges apply. A General Information, Terms & Conditions 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.

19 For a list of compatible Apple Pay devices, see www.support.apple.com

20 Android, Android Pay, and the Android Logo are trademarks of Google Inc.