Loan Interest Rates - Effective 20 October 2016

Loan Type  Interest Rate Comparison Rate

Car Loan Special Rate

For a typical loan of $30,000 over 5 years

5.80% pa 5.99% pa

Used Car Loan Special Rate 

For a typical loan of $30,000 over 5 years

7.80% pa 7.99% pa

New Car with 20% Equity

For a typical loan of $30,000 over 5 years

8.99% pa 9.18% pa

New Car with Full Payment

For a typical loan of $30,000 over 5 years

10.25% pa 10.44% pa

Used Car with 20% Equity

For a typical loan of $30,000 over 5 years

10.50% pa 10.70% pa

Used Car with Full Payment

For a typical loan of $30,000 over 5 years

11.50% pa 11.70% pa

Personal Loans

For a typical loan of $10,000 over 3 years

14.50% pa 15.45%
Overdraft  (Unsecured) 14.10% pa N/A

Mortgage Owner Occupied

2 Year Discount Rate

For a typical loan of $150,000 over 25 years

5.05% pa

4.05% pa

 

5.12% pa

4.94% pa

 

Mortgage Investment

For a typical loan of $150,000 over 25 years

5.05% pa 5.12% pa

Mortgage Commercial

For a typical loan of $150,000 over 25 years

8.70% pa 8.79%
Mortgage Overdraft 8.70% pa N/A
Home Equity Loan 5.55% pa N/A

The comparison rates are true for the examples given.  Different terms, fees or other loan amounts might result in a different comparison rate.

Comparison Rate Schedule

What is a comparison rate?

Varible Interest Calculated Daily, Charged Monthly. 

Fees & Charges Apply.

Full terms and conditions are available on application.

All loans subject to Credit Union Policy and lending criteria.

Australian Credit Licence 240722

Endorsed Board Meeting 24 October 2016

 

View our privacy policy First Choice Credit Union Ltd/ABN 63087649867/AFSL/Australian Credit Licence 240722/BSB 802318

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