Our Standard Home Loan is suitable for new home owners and refinancers borrowing under $250k with a deposit less than 20%.

2.19
%
P.A
4 Year Fixed Rate
3.80
%
P.A
Comparison Rate*
$0
Establishment fee^
$0
Annual fee
  • Loans up to $250k
  • Maximum LVR 95%
Product Features

Basic Home Loan

Standard Home Loan

Premium Home Loan

Minimum Loan Amount
$250,000 $10,000 $250,000
Maximum Loan Amount
- $250,000 -
Maximum LVR
95% 95% 95%
Maximum Loan Term
30 years 30 years 30 years
Minimum Loan term
1 year 1 year 1 year
Additional Repayments Available
Yes Yes Yes
Redraw
Yes Yes Yes
Principal & Interest Repayments
Yes Yes Yes
Interest Only Repayments
No Yes Yes
Split Loan
Yes Yes Yes
Offset Account
No Yes Yes
Compare

Basic Home Loan

Minimum Loan Amount
$250,000
Maximum Loan Amount
-
Maximum LVR
95%
Maximum Loan Term
30 years
Minimum Loan term
1 year
Additional Repayments Available
Yes
Redraw
Yes
Principal & Interest Repayments
Yes
Interest Only Repayments
No
Split Loan
Yes
Offset Account
No

Standard Home Loan

Minimum Loan Amount
$10,000
Maximum Loan Amount
$250,000
Maximum LVR
95%
Maximum Loan Term
30 years
Minimum Loan term
1 year
Additional Repayments Available
Yes
Redraw
Yes
Principal & Interest Repayments
Yes
Interest Only Repayments
Yes
Split Loan
Yes
Offset Account
Yes

Premium Home Loan

Minimum Loan Amount
$250,000
Maximum Loan Amount
-
Maximum LVR
95%
Maximum Loan Term
30 years
Minimum Loan term
1 year
Additional Repayments Available
Yes
Redraw
Yes
Principal & Interest Repayments
Yes
Interest Only Repayments
Yes
Split Loan
Yes
Offset Account
Yes
Interest Rates

Basic Home Loan <80% LVR

Basic Home Loan >80% LVR

Standard Home Loan

Premium Home Loan

Owner Occupied (P&I) Rates
Special Offer Variable Rate
2.78%pa

2.83%pa comparison rate*
2.98%pa

3.03%pa comparison rate*
- -
Variable Rate
3.03%pa

3.08%pa comparison rate*
3.33%pa

3.38%pa comparison rate*
4.53%pa

4.58%pa comparison rate*
3.28%pa

3.33%pa comparison rate*
1 Year Fixed Rate
- - 2.59%pa

4.40%pa comparison rate*
2.39%pa

3.25%pa comparison rate*
2 Year Fixed Rate
- - 2.49%pa

4.21%pa comparison rate*
2.29%pa

3.16%pa comparison rate*
3 Year Fixed Rate
- - 2.49%pa

4.05%pa comparison rate*
2.29%pa

3.08%pa comparison rate*
4 Year Fixed Rate
- - 2.19%pa

3.80%pa comparison rate*
1.99%pa

2.91%pa comparison rate*
5 Year Fixed Rate
- - 2.99%pa

43.96%pa comparison rate*
2.79%pa

3.14%pa comparison rate*
Owner Occupied (P&I) Rates
Compare

Basic Home Loan <80% LVR

Special Offer Variable Rate
2.78%pa

2.83%pa comparison rate*
Variable Rate
3.03%pa

3.08%pa comparison rate*
1 Year Fixed Rate
-
2 Year Fixed Rate
-
3 Year Fixed Rate
-
4 Year Fixed Rate
-
5 Year Fixed Rate
-

Basic Home Loan >80% LVR

Special Offer Variable Rate
2.98%pa

3.03%pa comparison rate*
Variable Rate
3.33%pa

3.38%pa comparison rate*
1 Year Fixed Rate
-
2 Year Fixed Rate
-
3 Year Fixed Rate
-
4 Year Fixed Rate
-
5 Year Fixed Rate
-

Standard Home Loan

Special Offer Variable Rate
-
Variable Rate
4.53%pa

4.58%pa comparison rate*
1 Year Fixed Rate
2.59%pa

4.40%pa comparison rate*
2 Year Fixed Rate
2.49%pa

4.21%pa comparison rate*
3 Year Fixed Rate
2.49%pa

4.05%pa comparison rate*
4 Year Fixed Rate
2.19%pa

3.80%pa comparison rate*
5 Year Fixed Rate
2.99%pa

43.96%pa comparison rate*

Premium Home Loan

Special Offer Variable Rate
-
Variable Rate
3.28%pa

3.33%pa comparison rate*
1 Year Fixed Rate
2.39%pa

3.25%pa comparison rate*
2 Year Fixed Rate
2.29%pa

3.16%pa comparison rate*
3 Year Fixed Rate
2.29%pa

3.08%pa comparison rate*
4 Year Fixed Rate
1.99%pa

2.91%pa comparison rate*
5 Year Fixed Rate
2.79%pa

3.14%pa comparison rate*
Fees & Charges

Basic Home Loan

Standard Home Loan

Premium Home Loan

Establishment Fee
$699 $699 $699
Other Fees
Property Valuation
$300 $300 $300
Progress Draw Fee (construction loans)
$110 $110 $110
Legal Fee
$430 $430 $430
Legal Fee (Trust Deed Review)
$132 $132 $132
Security Variation
$300 $300 $300
Product Switch
$300 $300 $300
Redraw (Online / in branch)
$10 / $25 $10 / $25 $0 / $25
Loan Top-up
$250 $250 $250
Security Guarantee
$50 $50 $50
Changes to Loan Contract
$150 $150 $150
Direct Debit Dishonour Fee
$15 $15 $15
Discharge Fee
$300 $300 $300
Offset Facility (Monthly Fee)
- $5 $0
Mortgage Security Registration Fee
Subject to State Government Requirements plus statutory government charges Subject to State Government Requirements plus statutory government charges Subject to State Government Requirements plus statutory government charges
Break Cost Fee (fixed rate loans)
Refer to Loan Contract Refer to Loan Contract Refer to Loan Contract
Lenders' Mortgage Insurance
Price Available on Application Price Available on Application Price Available on Application
Mortgage Stamp Duty
Subject to State Government Requirements Subject to State Government Requirements Subject to State Government Requirements
Compare

Basic Home Loan

Establishment Fee
$699

Standard Home Loan

Establishment Fee
$699

Premium Home Loan

Establishment Fee
$699
Other Fees
Compare

Basic Home Loan

Property Valuation
$300
Progress Draw Fee (construction loans)
$110
Legal Fee
$430
Legal Fee (Trust Deed Review)
$132
Security Variation
$300
Product Switch
$300
Redraw (Online / in branch)
$10 / $25
Loan Top-up
$250
Security Guarantee
$50
Changes to Loan Contract
$150
Direct Debit Dishonour Fee
$15
Discharge Fee
$300
Offset Facility (Monthly Fee)
-
Mortgage Security Registration Fee
Subject to State Government Requirements plus statutory government charges
Break Cost Fee (fixed rate loans)
Refer to Loan Contract
Lenders' Mortgage Insurance
Price Available on Application
Mortgage Stamp Duty
Subject to State Government Requirements

Standard Home Loan

Property Valuation
$300
Progress Draw Fee (construction loans)
$110
Legal Fee
$430
Legal Fee (Trust Deed Review)
$132
Security Variation
$300
Product Switch
$300
Redraw (Online / in branch)
$10 / $25
Loan Top-up
$250
Security Guarantee
$50
Changes to Loan Contract
$150
Direct Debit Dishonour Fee
$15
Discharge Fee
$300
Offset Facility (Monthly Fee)
$5
Mortgage Security Registration Fee
Subject to State Government Requirements plus statutory government charges
Break Cost Fee (fixed rate loans)
Refer to Loan Contract
Lenders' Mortgage Insurance
Price Available on Application
Mortgage Stamp Duty
Subject to State Government Requirements

Premium Home Loan

Property Valuation
$300
Progress Draw Fee (construction loans)
$110
Legal Fee
$430
Legal Fee (Trust Deed Review)
$132
Security Variation
$300
Product Switch
$300
Redraw (Online / in branch)
$0 / $25
Loan Top-up
$250
Security Guarantee
$50
Changes to Loan Contract
$150
Direct Debit Dishonour Fee
$15
Discharge Fee
$300
Offset Facility (Monthly Fee)
$0
Mortgage Security Registration Fee
Subject to State Government Requirements plus statutory government charges
Break Cost Fee (fixed rate loans)
Refer to Loan Contract
Lenders' Mortgage Insurance
Price Available on Application
Mortgage Stamp Duty
Subject to State Government Requirements
  • The Little Details

    Products issued by Southern Cross Credit Union Ltd. Any advice given is of a general nature only and is not based on any consideration of your objectives, financial situation and needs. To decide if a product is right for you, please refer to the Summary of Accounts, Access Facilities and Transaction Limits. Eligibility criteria, fees and charges, terms and conditions apply.

    *The comparison rate is based on a $150,000 loan repayable over 25 years. 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.

    ^Apply by 31 January 2021, settle by 31 March 2021 and we’ll waive our $699 Establishment fee on all Owner Occupied and Investment Home Loans.

    ~Available for new business only. Interest rate valid for new loan applications received between 1st April 2020 and 30th Nov 2020. Offers not available for switching of existing SCCU home loans or to applicants for another SCCU home loan fully approved prior to 1st April 2020. Not available through Broker introduced business. Interests Rates subject to change.

We have been with SCCU for over 45 Years and for the last 24 of them with our business as well. The staff are amazing people to do your banking with and the loans division make every buying and selling experience so easy. Our little hiccups have never been a drama for the staff to help us solve and nothing is ever too much trouble to help us along the way to building our business through banking. Their rates are always competitive and we would never consider another bank or financial institution for all our needs. Loyal staff and loyal friends = Best Bank Ever.
Neil & Kathalina
Avoiding Building Budget Blowout

If you’re knocking up a cubbyhouse for the kids, it’s not the worst thing in the world if you go over budget. An extra set of nails or timber won’t require you to tap into any additional savings. However, if you’re building a new home, those additional costs can amount...

If you’re knocking up a cubbyhouse for the kids, it’s not the worst thing in the world if you...

Read More
What to do When Looking to Refinance Your Home Loan

Buying a house can be such a challenging ordeal that you may be tempted to set and forget – simply paying your regular repayments. Whilst some people’s circumstances may not have changed and their home loan is still fit for purpose, your needs may have altered. You may have...

Buying a house can be such a challenging ordeal that you may be tempted to set and forget –...

Read More
Who is the RBA and what is the ‘cash rate’

On the first Tuesday of every month, the Reserve Bank of Australia (RBA) announces what it plans to do with interest rate. Whilst it very rarely exceeds a ¼% increase or decrease, it often gets a mention on the evening news. It’s a fundamental influence on our national economy and...

On the first Tuesday of every month, the Reserve Bank of Australia (RBA) announces what it plans to do...

Read More
Understanding what factors into a neighbourhood’s value

Neighbourhood value may be something you may think of, if only subconsciously. You may have a feeling or a thought about particularly suburbs or regions being more appealing or inviting than others. There are several elements that may go into determining the nature of a neighbourhood value. Being more aware...

Neighbourhood value may be something you may think of, if only subconsciously. You may have a feeling or a...

Read More