Our RateSaver Variable Loan comes with all the necessary bells and whistles, but is simple enough to suit you no matter where you are in the home loan journey, whether it's:
buying your first home,
looking to save and switch an existing home loan (offer is not available for the restructure of existing Queensland Country Credit Union loan facilities), or
purchasing a residential investment property.
For home loans of at least $100,000 and a maximum loan to value ratio (LVR) of 95% for owner occupied and 90% for residential investment loans, you'll get flexible repayment options and a competitive interest rate. There's even a 100% offset facility for owner occupied properties.
- Competitive interest rate
- 1.20% p.a. discount off the Standard Variable Rate for the life of the loan
- Available for owner occupied and residential investment loans
- NO monthly fee - $10 monthly fee waived for the life of the loan
- 100% mortgage offset account on owner occupied properties
- Redraw facility for owner occupied properties^
- No penalties for extra repayments
- Your choice to make repayments weekly, fortnightly or monthly
- Automatic repayments through direct debit
- Loan terms up to 30 years
- Available for a range of purposes, including purchase of an existing house, vacant land for building etc.
Rates & Fees
|Product||Interest rate||Comparison rate|
|RateSaver Variable Home Loan||3.69||3.73||
LIMITED TIME ONLY! Rate effective from Sunday 23 June 2019
|Loan maintenance fee||$10 Waived for the life of the loan|
The fine print
This variable rate product is available for a limited time only for owner occupied, investment, principal and interest loans with new borrowings of at least $100,000 and a maximum loan to value ratio (LVR) of 95% and 90% for residential investment loans. Not available for the restructure of existing Queensland Country Credit Union or Queenslanders Credit Union home loan facilities. Offer is subject to withdrawal at any time before a loan contract is entered into. Normal lending criteria, terms, conditions & fees apply and are available on request. Once a loan is entered into a Member will receive a 1.20% p.a. discount off the Standard Variable Rate (SVR) for the life of the loan. *Warning: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The comparison rate is for a secured home loan calculated on a loan amount of $150,000 over a term of 25 years. Queensland Country Credit Union Limited ABN 77 087 651 027 AFSL/ Australian Credit Licence 244 533.
^Terms and conditions apply. An amount equal to the minimum monthly repayment amount must remain in the facility. Minimum redraw amount also applies.
Before acquiring the product, the information above should be read in conjunction with the following documents to determine if the product is right for you: Home Loan brochure; Account and Access Facility Conditions of Use; Fees and Charges brochure; Loan Interest Rate Schedule;and Credit Guide.