Variable Home Loan - Investment
Key benefits
100% offset
Your offset account can help reduce the interest you pay on your loan.
Redraw facility available
So you can access your funds when you need to.
No annual fee
Save with no ongoing annual fees.
Flexible repayment options
Repay your loan monthly, fortnightly or weekly.
Loan details
| Maximum term | 30 years |
| Minimum loan | $10,000 |
| Redraw available | |
| Maximum Loan to Value Ratio (subject to credit policy) | 90% |
| 100% offset account | |
| Principal and interest | |
| Interest only option available - see interest rate below |
| Interest rate | Comparison rate | |
|---|---|---|
| Principal and interest Less than or equal to 90% LVR |
6.44% p.a. | 6.45% p.a. |
| Interest only Less than or equal to 80% LVR |
7.62% p.a. | 6.79% p.a. |
| Establishment fee | $0.00 |
| Annual fee | $0.00 |
Loan Repayments
Important information
Credit products issued by Police & Nurses Limited (BCU Bank) ABN 69 087 651 876 AFSL/Australian Credit Licence 240701. Lending criteria, terms & conditions, fees & charges apply. Rates subject to change.
Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. For variable Interest Only loans, comparison rates are based on an initial 3 year Interest Only period. For fixed Interest Only loans, comparison rates are based on an initial Interest Only period equal in length to the fixed period. During an Interest Only period, your Interest Only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
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