LIMITED TIME SPECIAL OFFER

Up to $4K cashback#

Featured rate

Discounted rate available when bundled with our Complete Package

Variable Owner-occupied $750K+

3.70 % p.a. Interest rate 4.10 % p.a. Comparison rate

Bundled Home Loan Benefits

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Enjoy a $0 application fee on all your MOVE Bank loans~

Complete Package holders enjoy no establishment fees on future loans with MOVE Bank! So take advantage of our low rate home, car or personal loans today.

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Interest Rates

Owner-occupied Interest rate Comparison rate
Complete Package Variable (maximum LVR 95%)    
$50,000-$249,999 4.00% p.a. 4.40% p.a.
$250,000-$499,999 3.90% p.a. 4.30% p.a.
$500,000-$749,999 3.80% p.a. 4.20% p.a.
$750,000+ 3.70% p.a. 4.10% p.a.  

 

For construction loans a premium of 0.20% is added to the applicable rate noted above during the interest only construction period

Investment Interest rate Comparison rate
Complete Package Variable Investment (maximum LVR 90%)    
$100,000-$249,999 4.59% p.a. 4.97% p.a.
$250,000-$499,999 4.49% p.a. 4.88% p.a.
$500,000-$749,999 4.39% p.a. 4.78% p.a.
$750,000+ 4.29% p.a. 4.68% p.a.

 

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

Product Features:

Home Loans
Minimum Loan Amount : $50,000 for owner-occupied loans and $100,000 for investment loans
Maximum Loan Amount : $3,000,000
Maximum Loan to Valuation Ratio (LVR) : 80% for P&I loans or 75% for IO loans
Maximum LVR with LMI : 95% for Owner-Occupied Loans and 90% for Investment
Maximum Loan Term : 30 years
Interest Type : Variable
Repayment Type : Principal and Interest. Interest Only available for investment loans
Interest Only Available : Yes, Interest Only available for investment loans only
Repayment Frequency : Monthly
Offset Account : Yes
Redraw Facility : Yes
Establishment Fee : $0
Annual Package Fee : $395
Redraw Fee : $0
Discharge Fee : $350
Valuation Fee : One free standard valuation up to $205 included
Available for Bridging : Yes
Available for Construction : Yes

Calculators

Handy tools to get you ready

Important Information:

Loans are issued by Railways Credit Union Limited trading as MOVE Bank ABN 91 087 651 090. AFSL/ Australian credit licence 234536. Available only for new lending to MOVE Bank, excludes internal refinance. Loans Rates current are subject to change. All rates quoted are per annum. Suitability and assessment criteria, fees, charges, terms and conditions apply.

#Offer is open to new MOVE Bank variable home or investment loan applications (excluding internal refinance) received between 01/08/2022 – 30/10/2022 and settled by 31/12/2022. The $2.5K cashback is available to eligible applications for a variable loan amount of between $350,000 and $749,999 and the $4K cashback is available to eligible applications for a minimum variable loan amount of $750,000. A borrower is eligible for the cashback payment only once during the offer period. Limited time offer available from 01/08/2022 and may be withdrawn or amended at any time without notice. Please refer to our full terms and conditions available at movebank.com.au/cashback for more information.

+ For more information about fee-free banking please visit our Fees & Charges page. See Special Services Fees section for overseas ATM withdrawal fees. MOVE Bank does not charge eligible members for ATM transactions, however, individual ATM providers may charge fees for using their service.

*Insurance discount is only available over the phone or in branch. Insurance is issued by Insurance Australia Limited ABN 11 000 016 722 AFSL 227681 trading as CGU Insurance. Any advice is general and does not take into account your personal circumstance. Consider the Product Disclosure Statement, available on the relevant insurance product page or by calling 1300 362 216, to see if the product is right for you. Minimum premiums may apply. Any applicable discounts may be subject to minimum premiums. Discounts only apply until a minimum premium is reached. When we determine your premium, we may also limit any increases or decreases in your premium by considering factors including at renewal your previous year’s premium amount. When you purchase your policy and at renewal you may not receive the full discount based on the premium calculation process. For Landlord policies, this discount will not apply to the cost of the liability cover under those policies.

^Other fees and charges apply.  All credit card applications are subject to MOVE Bank’s standard credit assessment and eligibility criteria.

~ Establishment fees waived for current Complete Package holders only. Other fees and charges apply. All loan applications are subject to MOVE Bank’s standard assessment and eligibility criteria.

Footnotes:

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