LIFESTYLE HOME LOAN
LIFESTYLE HOME LOAN
Category: Home Loans Last Updated January 23, 2024 Effective November 1, 2024
General Lending Rates
Rates listed below are for a VARIABLE product. Additional Information Comparison rate based on $150,000 loan over 25 years. 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.
Interest Rate
6.28% PA
6.28% PA
Comparison Rate
4.72%PA*
4.72%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Features
- Redraw Additional Information: Redraw of repaid principal above minimum required is available
- Offset Additional Information: An offset account can be connected to the product
- Digital Banking Additional Information: Access is available to online banking features for the product
- Npp Enabled Additional Information: An account of this product type can be used to receive funds as a result of a BSB/Number based NPP payment
- Npp Payid Additional Information: An account of this product type can be used as the target of an NPP PayID
- Notifications Additional Information: SMS and/or email notifications available
Product Eligibility
- Residency Status Additional Information: Individuals must be citizens or permanent residents of Australia.
- Other Additional Information: You will need to become a member of the Credit Union before The Capricornian can accept a loan application.
Bank Fees and Charges
- Staff Assisted Loan Redraw (Withdrawal), Amount: 30.00.
- Arrears Reminder Call Fee (Event), Amount: 5.00.
- Arrears 2nd And Subsequent Reminder Letter (Event), Amount: 20.00.
- Arrears Default Notice Fee (Event), Amount: 40.00.
- Contract Variation Fee-mortgage Secured Loans And Overdrafts (Event), Amount: 300.00.
- Mortgage Application Fee-equal To Or Less Than 80% (Upfront), Amount: 500.00. Additional Information: Includes one valuation up to the cost of $300 - Excludes additional valuation costs and solicitors costs to prepare mortgage documents and settlement fees.
- Mortgage Application Fee-greater Than 80% (Upfront), Amount: 600.00. Additional Information: Includes one valuation up to the cost of $300 - Excludes additional valuation costs and solicitors costs to prepare mortgage documents and settlement fees.
- Mortgage Application Fee Further Advance-equal To Or Less Than 80% (Upfront), Amount: 400.00. Additional Information: Includes one valuation up to the cost of $300 - Excludes additional valuation costs and solicitors costs to prepare mortgage documents and settlement fees.
- Mortgage Application Fee Further Advance-greater Than 80% (Upfront), Amount: 600.00. Additional Information: Includes one valuation up to the cost of $300 - Excludes additional valuation costs and solicitors costs to prepare mortgage documents and settlement fees.
- Mortgage Discharge Fee-settlement (Event), Amount: 150.00. Additional Information: This fee is payable in addition to solicitors fees, registration, searches and other third party fees that may apply.
- Mortgage Discharge Fee-non Settlement (Event), Amount: 100.00. Additional Information: This fee is payable in addition to solicitors fees, registration, searches and other third party fees that may apply.
- Insurance Renewal Fee (Event), Amount: 20.00.
Limitations & Restrictions (Constraints)
- Min Limit of 50000 Additional Information: Maximum limit of 80% of the property value
