G&C Mutual Bank
G&C Mutual Bank

First Home Buyer Loan - Owner Occupied (P&I)

Variable Rate
3.14% p.a.
Comparison Rate*
3.16% p.a.
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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 Variable
Security Type
Availability Owner Occupiers
Repayment Options Principal & Interest
Repayment Frequency Weekly, Fortnightly, Monthly
Min Loan Term 1
Max Loan Term 40
Max Loan to Value Ration (LVR) 80%
Max LVR with Mortgage Insurance 95%
Min Loan Amount $0.00
Max Loan Amount $5,000,000.00
Interest Rate Notes


Extra Repayments
Loan is Transferable (Portable)
Transfer Fee $200.00
Mortgage Offset Available
Mortgage Offset 100%
Mortgage Offset Rate -%
Redraw Available
Min Redraw Amount $100.00
Max Redraw Amount -
Redraw Fee $30.00
Redraw Notice Period
Redraw Method
Redraw Notes & Comments

Split Account

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


Application Fee $0.00
Legal Fee $98.00
Valuation Fee $0.00
Settlement Fee $0.00
Service Fee $0.00
Exit Fee $300.00
Early Termination Fee

Break Costs

General Fee Notes:

Legal fee, valuation fee, Settlement fee "at cost".

General Notes:

"Unless approved under the First Home Loan Deposit Scheme, Lenders Mortgage Insurance will be required if you borrow over 80% of the value of your home (or borrow an additional amount on your existing mortgage that brings the overall loan amount over 80% LVR). No top up available under the First Home Loan Deposit Scheme, New Home Guarantee or Family Home Guarantee. Maximum loan term: Available when one or more applicants are aged 30 years or less. Maximum loan term 30 years under the First Home Loan Deposit Scheme, New Home Guarantee or Family Home Guarantee."

*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.