Home Loans - Effective 12 May 2022

  Interest Rate Comparison Rate
Principal and Interest    
Straightforward Home Loan L51 (Maximum LVR 80%)^    
$150,000-$499,999 (New Business) 2.34% p.a. 2.48% p.a.
$500,000+ (New Business) 2.24% p.a. 2.28% p.a.
Standard Variable Home Loan L20^ 3.75% p.a. 3.79% p.a.
Complete Package Variable Home Loan L21 (Maximum LVR 95%)^    
$50,000-$249,999 3.00% p.a. 3.43% p.a.
$250,000-$499,999 2.90% p.a. 3.33% p.a.
$500,000-$749,999 2.80% p.a. 3.23% p.a.
$750,000+ 2.70% p.a. 3.13% p.a.
Complete Package Fixed Rate Home Loan L45 (Maximum LVR 95%)^    
1 year 3.29% p.a. 3.45% p.a.
2 year 3.49% p.a. 3.51% p.a.
3 year 4.49% p.a. 3.81% p.a.
5 year 5.09% p.a. 4.27% p.a.

 

 

 

 

 

 

 

 

Investment Loans - Effective 12 May 2022

  Interest Rate Comparison Rate
Principal and Interest    
Straightforward Investment Loan L17 (maximum LVR 80%)*    
$150,000-$499,999 (New Business) 2.49% p.a. 2.53% p.a.
$500,000+ (New Business) 2.39% p.a. 2.43% p.a.
Standard Variable Investment Loan L15* 4.34% p.a. 4.39% p.a.
Complete Package Variable Investment Loan L16 (maximum LVR 90%)*    
$100,000-$249,999 3.59% p.a. 4.00% p.a.
$250,000-$499,999 3.49% p.a. 3.90% p.a.
$500,000-$749,999 3.39% p.a. 3.81% p.a.
$750,000+ 3.29% p.a. 3.71% p.a.
Complete Package Fixed Rate Investment Loan L46 (maximum LVR 90%)*    
1 year 3.29% p.a. 3.97% p.a.
2 year 3.49% p.a. 3.98% p.a.
3 year 4.49% p.a. 4.23% p.a.
5 year 5.09% p.a. 4.62% p.a.

 

Interest only (maximum LVR 75%) is available on request with a premium of 0.20% added to the applicable rate noted above

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^Not available for commercial purposes, construction, bridging, family pledge and interest only
* Not available for commercial purposes and construction 

Footnotes:

  • 1 Rate available on new business to MOVE Bank only. Minimum loan amount $150,000. Maximum LVR 80%. Alternate interest rates apply based on the loan purpose (owner-occupied/investment) or loan amount.
  • 2 Comparison rate is based on a secured loan of $150,000 for a term of 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. Fees and charges apply. Rates quoted are correct as stated and are subject to change without further notice. All rates quoted are per annum. All applications are subject to MOVE’s standard credit assessment and eligibility criteria.
  • 3 Minimum loan amount $50,000 for owner-occupied loans and $100,000 for investment loans.
  • 4 Reverts to Complete Package Variable Home or Investment Loan at the applicable tier, based on the loan funded amount. Minimum loan amount $50,000 for owner-occupied loans and $100,000 for investment loans.

  Railways Credit Union Limited trading as MOVE Bank | ABN 91 087 651 090 | AFSL/Australian credit licence 234 536