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Standard Variable Plus Home Loan

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  • Standard Variable Plus Home Loan

Features & benefits

  • Low rate

    Get a lower variable interest rate

  • Redraw available

    Redraw additional repayments you've made free of charge

  • Offset

    100% offset available

  • Flexibility

    Flexible repayments, with weekly, fortnightly and monthly options

  • Mobile App

    Access your bank accounts, anywhere, any time with the GMCU Mobile App

Product Features:

Home Loans
Maximum Loan to Valuation Ratio (LVR) : Up to 95% loan to value ratio (LVR)
Maximum Loan Term : 30 years
Redraw Facility : Yes
Interest Type : Principal & Interest
Interest Only Available : No
Repayment Frequency : Monthly / fortnightly / weekly
Offset Account : Yes
Extra Repayments Allowed : Yes
Standard Variable Plus Interest Rate Comparison Rate
<80% LVR 6.19% p.a. 6.35% p.a.
>80% - 95% LVR 6.59% p.a. 6.77% p.a.
Standard Variable Plus Interest Rate Comparison Rate
<80% LVR 6.39% p.a. 6.55% p.a.
>80% - 95% LVR 6.79% p.a. 6.97% p.a.
Fees Charges
Establishment fee $500
Basic Home Loan Service Fee (monthly) $8
Loan Contract Variation Fee  $300
Default Fee  $25 
Title Search  $25.30 
Discharge fee  $350

 

Talk to a lending expert today

 

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Home loan calculators

Wondering how much you can borrow? Or what you repayments will be each month? Our home loan calculators can crunch the numbers for you.

Ready to take the next step?

Make an enquiry

Get in touch with one of our Lending Specialists online.

Visit us

Drop into one of our branches to chat with your local lending expert.

We'll come to you

Our mobile banking team are available to come to you at a time that suits.

Frequently Asked Questions

For all your home loan questions, check out our FAQs page.

We're here to help

Banking, loans, insurance and more - get in touch with us.

  • 1 Comparison Rates for Home Loans and Real Estate Mortgage Loans are based on a loan of $150,000 over a term of 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.

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We acknowledge the Traditional Owners of the lands on which we operate and pay our respects to Elders past and present, and to emerging community leaders. We also acknowledge the important role Aboriginal and Torres Strait Islander peoples continue to play within the communities in which GMCU operates and where our team members reside.