bcu Fixed Rate Home Loan

Get a free rate lock so your fixed rate doesn't move before settlement.

The bcu fixed rate home loan is a three-year fixed rate loan available to owner-occupiers. It has no annual fee and offers free redraw.

Interest Rate Max Insured LVR Max LVR
1 Year (Investor, IO)
3.65% p.a.
Comparison Rate
4.95% p.a.
95% 80%
1 Year (Investor, P&I)
3.55% p.a.
Comparison Rate
4.95% p.a.
95% 80%
1 Year (Owner Occupier, IO)
3.4% p.a.
Comparison Rate
4.71% p.a.
95% 80%
1 Year (Owner Occupier, P&I)
3.3% p.a.
Comparison Rate
4.70% p.a.
95% 80%
3 Years (Owner Occupier, P&I)
3.33% p.a.
Comparison Rate
4.45% p.a.
95% 80%
3 Years (Owner Occupier, IO)
3.43% p.a.
Comparison Rate
4.48% p.a.
95% 80%
3 Years (Investor, P&I)
3.58% p.a.
Comparison Rate
4.70% p.a.
95% 80%
3 Year (Investor, IO)
3.68% p.a.
Comparison Rate
4.72% p.a.
95% 80%
5 Year (Investor, IO)
4.14% p.a.
Comparison Rate
4.71% p.a.
95% 80%
5 Years (Investor, P&I)
4.04% p.a.
Comparison Rate
4.67% p.a.
95% 80%
5 Years (Owner Occupier, IO)
3.89% p.a.
Comparison Rate
4.46% p.a.
95% 80%
5 Years (Owner Occupier, P&I)
3.79% p.a.
Comparison Rate
4.42% p.a.
95% 80%
Product Namebcu Fixed Rate Home Loan
Interest Rate TypeFixed
Comp Rate^ (p.a.)
Minimum Loan Amount$20,000
Maximum Loan Amount$2,500,000
Minimum Loan Term1 year
Maximum Loan Term5 years
Maximum LVR80%
Maximum Insured LVR95%
Mortgage Offset AccountNo
Mortgage 100% OffsetNo
Loan Redraw FacilityNo
Split Loan FacilityYes
Fixed Interest OptionNo
Loan PortableYes
Suitable for InvestmentYes
Extra RepaymentNo
Available as equity loan/line of creditNo
Repayment TypePrincipal & Interest and Interest Only Options
Application Fee$600
Lender's Legal Fee$0
Valuation Fee$0
Ongoing Fees$0 p.a.

Pros

  • Minimum loan amount of $20000.
  • Maximum LVR of 95%.

Cons

  • Application fee of $600.

What do I need to know about this loan?

The bcu fixed rate home loan combines a high maximum loan-to-value ratio with a low fixed rate and no annual fees.

What are the feature and benefits of the bcu fixed rate home loan?

  • Loan amount. The bcu fixed rate home loan has a low minimum borrowing amount of $20,000 and a high maximum borrowing amount of $2,500,000, providing plenty of flexibility.
  • High maximum LVR. This loan offers a high maximum loan-to-value ratio of 95%. Borrowing more than 80% will incur a lenders mortgage insurance (LMI) premium.
  • Free rate lock. You can lock in your fixed rate at the time of application for up to 60 days, protecting you from any rate rises between application and settlement. There's no fee for this feature, but for a $100 fee you can lock in your rate for up to 90 days.
  • No annual fee. The bcu fixed rate home loan carries no annual fee and no settlement fee.

What fees and charges come with this loan?

  • Application fee: $350. This fee covers the cost of processing your home loan application.
  • Discharge fee: . This fee is charged when you close your home loan account.
  • Rate lock fee. You can lock in your rate for free for up to 60 days. For $100, you can lock in your rate for up to 90 days.

How do I apply for this loan?

If you've compared your options and the bcu fixed rate home loan suits your borrowing needs, click the link below. You'll be taken to bcu's website where you'll be walked through the application process.

Was this content helpful to you? No  Yes

Related Posts

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

bcu Fixed Rate Home Loan

  • Interest Rate

    N/A

  • Comparison Rate

    N/A

  • App Fee / Annual Service Fee

    $600 / $0

  • Max LVR

    80%

Ask a question
Go to site