Illawarra Credit Union
Illawarra Credit Union

Variable Home Loan IO

Variable Rate
4.00% p.a.
Comparison Rate*
4.05% p.a.
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Key Features
Loan Type
Variable
Min Loan
Max Loan
$250,000.00
$3,000,000.00
Application Fee
$0.00
Borrow upto
of property value
95%
Ongoing fee
$0.00
Redraw Facility
Offset Account

Loan Details

Loan Type Variable
Security Type ResidentialProperty
Availability Owner Occupiers
Repayment Options Interest Only
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 $250,000.00
Max Loan Amount $3,000,000.00
Interest Rate Notes
0.65% reduction off SVR applies up to $400k, 0.75% reduction applies for $400k+

Features

Extra Repayments
Loan is Transferable (Portable)
Transfer Fee $0.00
Mortgage Offset Available
Mortgage Offset 100%
Mortgage Offset Rate -%
Redraw Available
Min Redraw Amount $500.00
Max Redraw Amount -
Redraw Fee $0.00