Enjoy a competitive rate that moves with the market.
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Flexible Home Loan tailored to your needs
Offering competitive rates, flexible features like offset accounts and redraw facilities, and the freedom to make additional repayments. Ideal for homeowners seeking adaptability and control over their mortgage.
6.24
%
p.a.
Interest rate
6.32
%
p.a.
Comparison rate
Why choose our Standard Variable Home Loan?
Who is this loan ideal for?
Our Standard Variable Home Loan is perfect for borrowers who want flexibility and control without paying for bells and whistles they don’t need. Whether you're a first home buyer, an upgrader, or an investor, this loan offers simplicity, transparency and genuine value.
Product Features:
Home Loans |
|
|---|---|
| Minimum Loan Amount : | $30,000 |
| Loan Period : | Up to 30 years |
| Repayments : | Weekly, fortnightly or monthly |
| Interest Charges : | Calculated daily, charged monthly |
| Establishment Fee : | $395 plus associated Legal and Valuation fees (at cost) |
| Account Keeping Fees : | Nil |
| Variable and Lump Sum Repayments : | Yes |
| Early Repayment without Penalty : | Yes |
| Landlord Insurance available : | Yes |
| Redraw facility : | Yes (free redraw, minimum amount $100) |
| Top up facility available : | Yes |
| Offset facility available : | Yes |
| Interest rate | Comparison rate | |
| Standard Variable Home Loan | 6.24% p.a. | 6.32% p.a. |
| Document or Information | View or Download |
| Fees, charges and limits | Learn more → |
| Target market determinations | Learn more → |
| Interest rates | Learn more → |
| Important documents | Learn more → |
| Calculators | Learn more → |
Start your application today
Apply online, visit a branch or call us today to speak with a lending specialist. We’re here to help you make your home ownership journey smooth and affordable.
FAQs
Got a question on Home Loans? View all our FAQs here.
The Credit Union is a mutual financial services organisation and as such is owned by its Members, each one of whom is a shareholder. Therefore you must be a member of the credit union to have a loan.
The amount you can borrow is dependent on the type of loan you apply for. The actual amount you can borrow is, however, determined by your ability to meet the repayments of the loan and the value of the loan security. Want to calculate how much you could borrow? Use one of our loan calculators.
The Credit Union gives you the option of making extra repayments on your loan and therefore save money in interest changes and than having the flexibility of being able to redraw on these extra repayments. You need to have your loan in advance by at least your next agreed loan repayment plus $100 and the minimum redraw is $100. Redraws are Free!
Why Transport Mutual?
We’ve been helping transport workers, their families, and the wider community reach their financial goals for over 50 years. As a member-owned credit union, everything we do is designed to benefit you - not big bank profits.
