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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.

Introductory Home Loan

A home loan that gets you off to a great start by enabling you to enjoy a low variable interest rate for 12 months. If you are buying your first home, looking for an investment property or refinancing, we can make it a little easier with an Introductory Home Loan. After the term of your NBCU Introductory Home Loan, the rate will revert to our ongoing Discounted Variable Rate.

  • Great introductory low rate
  • No penalty for early repayment
  • Flexible repayments to suit you
  • Redraw available on advance repayments
  • No ongoing loan service or account keeping fees
  • No approval fee
  • 100% mortgage offset savings account

 4.05% pa

interest rate



 4.36% pa

comparison rate

 

 

Apply Now

 

Own your home sooner with savings offset

Our savings offset facility can make your savings work harder, by 'offsetting' against your Introductory Home Loan. This will give you the flexibility of accessing your money if you need to, with the benefit of paying off your home loan sooner.

 
Use an NBCU savings offset facility to link your everyday savings access transaction account to your Introductory Home Loan as your offset account.
To make your salary and savings work harder to pay off your home loan, move all your savings into your offset account and deposit salary and any other income directly into your offset account.
Each day the balance of your linked NBCU everyday savings access transaction account is offset against the amount you owe on your Introductory Home Loan when calculating interest.
Interest is calculated daily and charged monthly only on the net amount (your loan balance less your transaction account balance for that day).
Unlike a savings account that earns interest, you earn no interest on the savings balance in your everyday savings access transaction account when linked to your Introductory Home Loan. Instead your savings offset balance reduces the amount of interest charged on your home loan balance.
The result is the interest payable on your home loan is reduced and you reduce the outstanding loan balance sooner.

 

  Additional Information
Feature Introductory Home Loan
Minimum Amount $100,000 
Loan Period up to 30 years
Repayments Weekly, fortnightly or monthly
Interest Charges Calculated daily, charged monthly
Establishment Fee No
Account Keeping Fees Nil
Variable and Lump Sum Repayments Yes
Early Repayment without Penalty Yes
Loan Repayment Insurance available Yes
Building and Contents Insurance available Yes
Redraw facility Yes - $500 minimum redraw
Top up facility available Yes
 

Discounted Variable Rate

After the term of your NBCU Introductory Home Loan and 2 Year Fixed Home Loan, the rate will revert to our ongoing Discounted Variable Rate.

  • No approval fee
  • No ongoing loan fees
  • No ongoing package fees
  • A loan redraw facility is available (conditions apply) and
  • There are no penalties for extra repayments

 4.39% pa

interest rate


 4.39% pa*

comparison rate

 

 

Apply Now

 

  Additional Information
Feature Discounted variable
Minimum Amount $30,000
Loan Period up to 30 years
Repayments Weekly, fortnightly or monthly
Interest Charges Calculated daily, charged monthly
Establishment Fee No
Account Keeping Fees Nil
Variable and Lump Sum Repayments Yes
Early Repayment without Penalty Yes
Loan Repayment Insurance available Yes
Building and Contents Insurance available Yes
Redraw facility Yes - $500 minimum redraw
Top up facility available Yes
 

2 Year Fixed Home Loan

By locking in your interest rate with our fixed rate home loan, you get the certainty of knowing exactly what repayments will be no matter what happens with interest rates.Our highly competitive 2 Year Fixed Home Loan comes with the flexibility of repayment options to suit your individual needs^.

After the term of your NBCU 2 Year Fixed Home Loan, the rate will revert to our ongoing Discounted Variable Rate.

  • 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

 4.17% pa
interest rate

 4.35% pa*
comparison rate

 

Apply Now

 

  Additional Information
Feature 2 Year Fixed Home Loan
Minimum Amount $100,000
Maximum Amount $900,000
Loan Period Up to 30 years
Repayments Weekly, fortnightly or monthly
Interest Charges Calculated daily, charged monthly
Interest Only No
Fixed Rate Yes (First 2 years)
Establishment Fee No
Account Keeping Fees Nil
Flexible and Lump Sum Repayments Yes
Early Repayment without Penalty Yes (break costs apply within the first 2 years)
Loan Repayment Insurance available Yes
Building and Contents Insurance available Yes
Auto repayments (salary/account) Yes
Redraw facility Yes - $500 minimum redraw
Top up facility Yes
 

3 Year Fixed Home Loan

By locking in your interest rate with our fixed rate home loan, you get the certainty of knowing exactly what repayments will be no matter what happens with interest rates.Our highly competitive 3 Year Fixed Home Loan comes with the flexibility of repayment options to suit your individual needs^^.

  • Fully-featured loan to suit your needs
  • Redraw available on advance repayments
  • Increase repayments to pay off your loan sooner
  • Flexible repayments to suit your needs
  • Competitive interest rates

 4.29% pa
interest rate

 4.36% pa*
comparison rate

 

Apply Now

 

  Additional Information
Feature 3 Year Fixed Home Loan
Minimum Amount $100,000
Maximum Amount $900,000
Loan Period Up to 30 years
Repayments Weekly, fortnightly or monthly
Interest Charges Calculated daily, charged monthly
Interest Only No
Fixed Rate Yes (First 3 years)
Establishment Fee No
Account Keeping Fees Nil
Flexible and Lump Sum Repayments Yes
Early Repayment without Penalty Yes (break costs apply within the first 3 years)
Loan Repayment Insurance available Yes
Building and Contents Insurance available Yes
Auto repayments (salary/account) Yes
Redraw facility Yes - $500 minimum redraw
Top up facility No
 

Minimiser Loan

The Minimiser Home Loan is our basic, no frills home loan package. Our Minimiser Loan is a no fuss home loan option with a discounted low ongoing variable rate, no monthly fees and you can make additional repayments at any time to help you pay off your loan sooner.

  • Competitive interest rates
  • No penalty for early repayment
  • Flexible repayments to suit you
  • Redraw available on advance repayments
  • Limited free transactions on your access account

 4.84% pa
interest rate

 4.86% pa*
comparison rate

 

Apply Now

 

  Additional Information
Feature Minimiser Home Loan
Minimum Amount $100,000
Maximum Amount $900,000
Loan Period Up to 30 years
Repayments Weekly, fortnightly or monthly
Interest Charges Calculated daily, charged monthly
Interest Only No
Fixed Rate No
Establishment Fee Yes
Account Keeping Fees Nil
Flexible and Lump Sum Repayments Yes
Early Repayment without Penalty Yes
Loan Repayment Insurance available Yes
Building and Contents Insurance available Yes
Auto repayments (salary/account) Yes
Redraw facility Yes - $500 minimum redraw
Top up facility Yes
 

All in One Home Loan

Our All in One Home Loan is a fully optioned variable interest rate home loan, packed with attractive benefits.

  • No ongoing loan service fees
  • No penalty for early repayment
  • 100% mortgage offset savings account
  • Limited free transactions on your access account
  • Redraw available on advance repayments

 5.34% pa

interest rate

 5.36% pa*

comparison rate

 

Apply Now

  Additional Information
Feature All in One Loan
Minimum Amount $30,000
Loan Period Up to 30 years
Repayments Weekly, fortnightly or monthly
Interest Charges Calculated daily, charged monthly
Establishment Fee Yes
Account Keeping Fees Nil
Variable and Lump Sum Repayments Yes
Early Repayment without Penalty Yes
Loan Repayment Insurance available Yes
Building and Contents Insurance available Yes
Auto repayments (salary/account) Yes
Redraw facility Yes - $500 minimum redraw
Top up facility available Yes
 

Home Equity Loan

Our Home Equity loan allows you to borrow against the portion of your home that you own. This is the difference between the amount you owe on your home loan and the value of the property. You can use the funds for whatever you like. Why not take advantage of other investment opportunities or to make improvements to your home.

  • Access to the equity in your home
  • Redraw available on advance repayments
  • No penalty for early repayment
  • Flexible repayments to suit you
  • Save interest on your home loan

 5.34% pa

interest rate

 5.36% pa*

comparison rate

 

Apply Now

 

  Additional Information
Feature Home Equity Loan
Minimum Amount $30,000
Loan Period Up to 30 years
Repayments Weekly, fortnightly or monthly
Interest Charges Calculated daily, charged monthly
Establishment Fee Yes
Account Keeping Fees Nil
Variable and Lump Sum Repayments Yes
Early Repayment without Penalty Yes
Loan Repayment Insurance available Yes
Building and Contents Insurance available Yes
Redraw facility Yes - $500 minimum redraw
Top up facility available Yes
 

Investment Loan

  • No ongoing loan service or account keeping fees
  • Competitive interest rates
  • Redraw available on advance repayments
  • No penalty for early repayment
  • Flexible repayments to suit you

 5.34% pa
interest rate

 5.36% pa*
comparison rate

 

Apply Now

 

  Additional Information
Feature  Investment Loan
Minimum Amount $100,000
Loan Period Up to 30 years
Repayments Weekly, fortnightly or monthly
Interest Charges Calculated daily, charged monthly
Establishment Fee Yes
Account Keeping Fees Nil
Variable and Lump Sum Repayments Yes
Early Repayment without Penalty Yes
Loan Repayment Insurance available Yes
Landlord Insurance available Yes
Redraw facility Yes - $500 minimum redraw
Top up facility available Yes - No minimum amount
 

Interest Only

Whether you need to reduce your home loan repayments to fund a renovation or are an investor planning to sell your property, an interest only loan can help you free up the funds you need.

  •  No penalty for early repayment
  • Monthly repayment can be serviced weekly or fortnightly to suit you
  • No ongoing loan service fees
  • Profit from any capital gain you may make

 4.49% pa
interest rate

 5.01% pa*
comparison rate

 

Apply Now

 

  Additional Information
Feature Interest Only Home Loan
Minimum Amount $100,000
Maximum Amount $900,000
Loan Period Up to 5 years
Repayments Monthly
Interest Charges Calculated daily, charged monthly
Interest Only Yes
Fixed Rate Yes (First 12 months)
Establishment Fee Yes
Account Keeping Fees Nil
Flexible and Lump Sum Repayments Yes
Early Repayment without Penalty Yes
Loan Repayment Insurance available Yes
Auto repayments (salary/account) Yes
Redraw facility No
 

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Questions?

If you have any questions, please contact us Enquire now

 # Terms and conditions, fee and charges (including government stamp duty) and approval conditions apply.

*This comparison rate is based on a $150,000 loan over a term of 25 years based on monthly repayments. 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.

^ After the 2 year fixed rate period, the loan will revert to NBCU's Discounted Variable Rate.

^^ After the 3 year fixed rate period, the loan will revert to NBCU's Discounted Variable Rate.

 

 

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