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At Northern Beaches Credit Union we understand that buying a home is probably the most important - and expensive - purchase you'll ever make. Take away some of the hassle with one of our flexible home loans.

 

 

True Basic Variable Home Loan

Our True Basic Variable home loan is a simple easy to manage home loan with our lowest ongoing variable interest rate. It has all the standard features you would expect.

 

True Basic Variable Home Loan Features

  • No annual fee
  • No account keeping fees
  • Redraw available with no minimum amount
  • No penalty for making additional repayments
  • Available for owner occupied, investment or construction purposes
  • Maximum LVR of 80% (or 95% with Lenders Mortgage Insurance)
  • Weekly, fortnightly or monthly repayment options

 

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The less you need to borrow against the value of your home, the lower the interest rate you will receive.

LVR = Loan to valuation Ratio 

LVR 80% or less (Owner Occupied)

Interest Rate 

4.15% p.a.*

Comparison Rate

4.21% p.a.**

 

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LVR = Loan to valuation Ratio 

LVR 80% or more (Owner Occupied)

Interest Rate 

4.56% p.a.*

Comparison Rate

4.62% p.a.**

 

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LVR = Loan to valuation Ratio 

LVR 80% or less (Investment)

Interest Rate 

4.35% p.a.*

Comparison Rate

4.41% p.a.**

 

Apply Now

LVR = Loan to valuation Ratio 

LVR 80% or more (Investment)

Interest Rate 

4.76% p.a.*

Comparison Rate

4.83% p.a.**

 

Apply Now

 

 

  Additional Information
Feature Basic Home Loan
Minimum Amount $50,000
Minimum Loan Term 1 year
Maximum Loan Term 30 years
Repayments Weekly, fortnightly or monthly
Interest Charges Calculated daily, debited to loan monthly in arrears
Application Fee $600 (valuation, legal and top up fees may apply)
Account Keeping Fees Nil
Lump Sum Repayments Yes
Early Repayment Penalty No
Loan Repayment Insurance available Yes
Building and Contents Insurance available Yes
Redraw facility Yes - no minimum amount
Top up facility available Yes
 

True Value Standard Variable Home Loan

Our True Value home loan gives you a standard variable interest rate which moves in line with the market, whether it will be up or down. It has a range of flexible features to help make managing your loan easy, including a 100% offset account. 

  • No annual fees
  • No account keeping fees
  • 100% Offset account attached
  • There are no penalties for additional repayments
  • Redraw available with no minimum redraw amount
  • Available for owner occupier, investment or construction purposes
  • Maximum LVR of 80% (or 95% with Lenders Mortgage Insurance) 

5.22% p.a.*

Owner Occupied Interest Rate

5.29% p.a.**

Owner Occupied Comparison Rate

 

5.37% p.a.*

Investment Interest Rate

5.44% p.a.**

Investment Comparison Rate

 

 

 

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  Additional Information
Features Standard variable home loan
Minimum Amount $10,000
Minimum Loan Term 1 year
Maximum Loan Term 30 years
Repayments Weekly, fortnightly or monthly
Interest Charges Calculated daily, debited monthly in arrears
Application Fee $600 (valuation, legal and top up fees may apply)
Account Keeping Fees Nil
Lump Sum Repayments Yes
Early Repayment Penalty No
Loan Repayment Insurance available Yes
Building and Contents Insurance available Yes
Redraw facility Yes - no minimum redraw
Top up facility available Yes
 

Honeymoon Home Loan

With our Honeymoon home loan, you get a low fixed rate for one year before returning to our standard variable interest rate. This not only saves you money on interest for the first year of your loan while you settle in to paying off your new home, but also gives you the financial security of knowing what your repayments will be for a whole year.

 

  • low fixed rate for the first 12 months
  • No annual fees
  • No account keeping fees
  • 100% offset account attached
  • Ability to make additional repayments#
  • Redraw available with no minimum amount
  • Available for owner occupier, investment or construction purposes
  • Maximum LVR of 80% (or 95% with Lenders Mortgage Insurance)

3.49% p.a.*^

Owner Occupied

Interest Rate

4.51% p.a.**^^

Owner Occupied

Comparison Rate

 

3.74% p.a.*^

Investment

Interest Rate

4.67% p.a.**^^

Investment

Comparison Rate

 

Apply Now

 

 

 

 

 

 

 

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  Additional Information
Features Honeymoon Home Loan
Minimum Amount $50,000
Minimum Loan Term 1 year
Maximum Loan Term 30 years
Repayments Weekly, fortnightly or monthly
Interest Charges Calculated daily, debited to loan monthly in arrears
Application Fee $600 (valuation, legal and top up fees may apply)
Account Keeping Fees Nil
Lump Sum Repayments Yes
Early Repayment Penalty No
Loan Repayment Insurance available Yes
Building and Contents Insurance available Yes
Redraw facility Yes - no minimum redraw
Top up facility Yes
 

Fixed Home Loan 

If you don't like surpise's when it comes to your home loan repayments, then why not protect yourself against possible rate rises by fixing your home loan rate with an NBCU Fixed Rate Home Loan over 1,2 or 3 years. 

  • No annual fees
  • No account keeping fees
  • 100% offset account attached
  • Ability to make additional repayments#
  • Redraw available with no minimum redraw amount
  • Available for owner occupier, investment or construction purposes
  • Maximum LVR of 80% (or 95% with lenders Mortgage Insurance)

 

Apply Now

 

 

1 Year Fixed Interest Rate - Owner Occupied

Interest Rate 

3.79% p.a.*

Comparison Rate

4.53% p.a.**

 

Apply Now

2 Year Fixed Interest Rate - Owner Occupied

Interest Rate 

3.85% p.a.*

Comparison Rate

4.49% p.a.**

 

Apply Now

3 Year Fixed Interest Rate - Owner Occupied

Interest Rate 

3.99% p.a.*

Comparison Rate

4.48% p.a.**

 

Apply Now

 

1 Year Fixed Interest Rate - Investment

Interest Rate 

4.04% p.a.*

Comparison Rate

4.69% p.a.**

 

Apply Now

2 Year Fixed Interest Rate - Investment

Interest Rate 

4.10% p.a.*

Comparison Rate

4.66% p.a.**

 

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3 Year Fixed Interest Rate - Investment

Interest Rate 

4.24% p.a.*

Comparison Rate

4.65% p.a.**

 

Apply Now


 

  Additional Information
Features Fixed Home Loan
Minimum Amount $50,000
Minimum Loan Term 1 year
Maximum Loan Term 30 years
Repayments Weekly, fortnightly or monthly
Interest Charges Calculated daily, debited to loan monthly in arrears
Application Fee $600 (valuation, legal and top up fees may apply)
Account Keeping Fees Nil
Lump Sum Repayments Yes up to $25,000 p.a. without penalty 
Early Repayment Penalty Yes
Loan Repayment Insurance available Yes
Building and Contents Insurance available Yes
Auto repayments (salary/account) Yes
Redraw facility Yes - no minimum redraw
Top up facility Yes
 

Accelerator Package Home Loan

If you're after a home loan that rewards you with a substantial interest rate discount, transaction fee free banking and a range of other discounts on financial products and services, you’ll find the Accelerator Home Loan package great value.

 

  • No account keeping fees
  • Redraw available on advance repayments
  • Increase repayments to pay off your loan sooner
  • Flexible repayments to suit your needs
  • Competitive interest rates

 

 

Accelerator Package benefits

  • Transaction fee free banking with a 100% Offset account with full access to your funds via Visa card
  • $0 annual fee on our low rate Visa credit card – Save $40
  • $0 application fee on our personal loans – Save $195
  • Free initial consultation with Bridges Financial Planning
  • A 10% discount on the first year’s premium on home and contents and/or car insurance

For balances below $250,000 - Owner occupier

4.42% p.a.*

Interest Rate

 

4.87% p.a.**

Comparison Rate

 

 

For balances greater $250,000 - Owner occupier

4.32% p.a.*

Interest Rate

 

4.59% p.a.**

Comparison Rate

 

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For balances below $250,000- Investment

 

Interest Rate 

4.57% p.a.*

Comparison Rate

5.01% p.a.**

 

Apply Now

For balances greater $250,000- Investment

 

Interest Rate 

4.47% p.a.*

Comparison Rate

4.74% p.a.**

 

Apply Now

 

 

  Additional Information
Features Accelerator Package Home Loan
Minimum Amount $100,000
Minimum Loan Term 1 year
Maximum Loan Term 30 years
Repayments Weekly, fortnightly or monthly
Interest Charges Calculated daily, debited to loan monthly in arrears
Application Fee $600 (valuation, legal and top up fees may apply)
Account Keeping Fees $395 package annual fee
Lump Sum Repayments Yes
Early Repayment Penalty No
Loan Repayment Insurance available Yes
Building and Contents Insurance available Yes
Auto repayments (salary/account) Yes
Redraw facility Yes - no minimum redraw
Top up facility Yes
 

 

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Questions?

If you have any questions, please contact us Enquire now

 

 

 

Terms and conditions, fees and charges apply - details available on application. All loans subject to lending guidelines. *^Rates are current as at 20/06/2016 and subject to change without notice. **^^Comparison rate is calculated on a loan amount of $150,000 secured over 25 years except for the Accelerator Package home loans where the loan amount is greater than $250,000 are calculated on a loan amount of $250,000 and over 25 years. 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. For all fees and charges refer to our Fees and Charges schedule. ^Offer commenced 20/6/16 and is available on our Honeymoon Home Loan 1 year fixed for new money applications only. Offer is for home loan applications made between 20/6/16 and 31/8/16 funded by 30/11/16 and can be withdrawn at any time. 3.49% p.a offer is only available for new money owner-occupied home loan applications only. Investment loans have an offer interest rate of 3.74% p.a. At the end of your 1 year fixed period the interest rate will revert back to the standard variable rate at the time. Minimum loan size is $50,000.


Following the fixed rate period, the interest rate on the loan reverts back to our standard variable rate. #Additional repayments can be made up to $25,000p.a. without penalty.