Community First Credit Union
Community First Credit Union

Basic Variable Home Loan OO P&I

Variable Rate
3.65% p.a.
Comparison Rate*
3.72% p.a.
  • Features:
  • - No annual fee
  • - No account keeping fees
  • - Redraw available with no minimum redraw amount
  • - No penalties for making additional repayments
  • - Available for owner occupied purposes
  • - Maximum LVR of 95%. Lender's Mortgage Insurance is required for LVR over 80%
  • - Weekly, fortnightly or monthly repayment options
  • - Borrow up to $1 million (Rate available on application for loan amounts greater than $1 million)
  • Credit eligibility criteria, terms and conditions, fees and charges apply. *Rate is current as at 31/03/20 and subject to change without notice. **The comparison rate is based on a loan amount of $150,000 over a loan term of 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Community First Credit Union Limited ABN 80 087 649 938, AFSL/Australian Credit Licence No. 231204.

Key Features
Loan Type
Min Loan
Max Loan
Application Fee
Borrow upto
of property value
Ongoing fee
Redraw Facility
Offset Account

Loan Details

Loan Type Basic
Security Type ResidentialProperty
Availability Owner Occupiers
Repayment Options Principal & Interest
Repayment Frequency Weekly, Fortnightly, Monthly
Min Loan Term 1
Max Loan Term 30
Max Loan to Value Ration (LVR) 80%
Max LVR with Mortgage Insurance 95%
Min Loan Amount $50,000.00
Max Loan Amount $5,000,000.00
Interest Rate Notes
Interest rate is for True Basic Variable Home Loan only. For more information visit


Extra Repayments
Loan is Transferable (Portable)
Transfer Fee $250.00
Mortgage Offset Available
Mortgage Offset 100%
Mortgage Offset Rate 0%
Redraw Available
Min Redraw Amount $0.00
Max Redraw Amount $0.00
Redraw Fee $15.00
Redraw Notice Period Same business day
Redraw Method
Redraw Notes & Comments

Split Account

Split Available
Max No. of Accounts for Split n/a
Separate Statements for Split
Statement Frequency 2
Fixed Option
Fee for Fixing $0.00


Application Fee $600.00
Legal Fee $390.00
Valuation Fee $0.00
Settlement Fee $0.00
Service Fee $0.00
Exit Fee $300.00
Early Termination Fee

Break Costs

General Fee Notes:

Valuation fees may apply.

General Notes:

*The comparison rates in this table are based on a secured loan amount of $150,000 and a term of 25 years. WARNING: These comparison rates apply 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 costs savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Comparison rates are not calculated for revolving credit products.