Offset Home Loan
| Loan to Value Ratio (LVR) | Variable rate | Comparison rate |
|---|---|---|
| Less than or equal to 60% | 6.19% p.a. | 6.22% p.a. |
| Greater than 60% and less than or equal to 80% | 6.29% p.a. | 6.32% p.a. |
| Greater than 80% | 6.39% p.a. | 6.42% p.a. |
Key Benefits
Redraw facility available
So you can access your funds when you need to
100% offset
Your offset account will help reduce the interest you pay on your loan
Flexible repayment options
Repay your loan monthly, fortnightly or weekly
Easy pre-approval valid for three months
Don't miss out, get pre-approved
Loan details
| Maximum term | 30 years |
| Minimum loan | $20,000 |
| Redraw available | |
| Maximum Loan to Value Ratio (subject to credit policy) | 95% |
| 100% offset account | |
| Principal and Interest | |
| Interest only available at different interest rates |
| Interest Rate | Comparison Rate | |
|---|---|---|
| Principal and Interest Less than or equal to 60% LVR |
6.19% p.a. | 6.22% p.a. |
| Principal and Interest Greater than 60% and less than or equal to 80% LVR |
6.29% p.a. | 6.32% p.a. |
| Principal and Interest Greater than 80% and up to 95% LVR |
6.39% p.a. | 6.42% p.a. |
| Establishment fee | $0 |
| Annual fee | $0 |
| Document Preparation fee | $300 |
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.
Download Credit Guide
Create a Home Loan Key Facts Sheet