Home Loans | All in One

A loan that gives access to the equity in a property for any worthwhile purpose including investment, education, holidays or cars.

Purpose	Can be used for any worthwhile legal purpose with the exception of: business purposes interest payments on loans construction loans.
Interest Rate	7.27% Comparison Rate -
Product type	All in one or home equity style of loan
Term	25 years maximum
Repayments	During the life of the loan (25 years) repayments will only be required to keep the loan within the agreed limit amount.
Repay loan early

Features One account that provides a loan and also manages your transaction banking needs Visa debit card Direct Debits/ BPay/ PayAnyone Monthly statements. Manage all you finances with just one account Save interest on your home loan. Own your home sooner Have your salary paid directly into the loan account Access your money with either a cheque book, VISA debit card, BPay, PayAnyone Make the most of the interest free days on your Credit Union MasterCard (up to 55 days!) and earn bonus reward points An approved line of credit, ready when you want to use it Ready access to the equity in your home.

Loan amounts Minimum $30,000 Maximum $1,000,000 Repayment Methods Funds may be deposited to the account via: Payroll deposit Direct credit Internet transfer Access to funds Cheque book VISA debit card (ATM/ EFTPOS) MasterCard (interest free period with monthly clearance in full to the loan account) Direct Debits; BPay; Standing orders etc PayAnyone via internet access

Eligibility:

Available to personal borrowers only.

Normal service-ability criteria will apply as for a principal and interest reduction and assessed as though being repaid over a 25 year period.

Security

Primary security is to be a registered first party, first mortgage over:
owner occupied residential property
residential investment property
non-income producing secondary residential property
vacant residential land.

Fees:

Fees, charges, terms & conditions and lending criteria apply. Please refer to Credit Fees & Charges schedule and Fees, Charges and Transaction Limits schedule for current details.

How an All in One works:

1. Your pay/s are deposited directly into your loan account
2. Regular living expenses are paid by credit card or withdrawn from your account
3. Larger purchases (holidays, car etc) are paid using the loan redraw facility
4. Your credit card balance is cleared at the end of each month by sweeping funds from your loan account

A surplus of your income over expenses will result in the balance reducing faster. Your home loan interest will be less, reducing the term of the loan.

Interest rate effective 09/08/2010.