finder.com.au
22+ Exclusive Offers
finder.com.au > Home Loan Finder > CUA Home Loans

CUA Premium Fixed Rate Home Loan

Not yet rated

Enjoy flexible features, competitive fixed rates and no monthly fees with the CUA Premium Fixed Rate Home Loan.

The CUA Premium Fixed Rate Home Loan offers a range of competitive fixed rates that you can take advantage of for varying periods of time. With flexible features such as an offset account and the option to make additional repayments up to $50,000 without penalties, this home loan could be an option to finance a home purchase. Once you apply and get approved for the loan, you'll also receive additional free transactions on your CUA bank savings account.

Interest Rate Max Insured LVR Max LVR
1 Year Fixed Construction Interest Only (Investor)
4.36% p.a.
Comparison Rate
5.70% p.a.
 90% 80%
1 Year Fixed Rate (Owner Occupier, P&I)
3.96% p.a.
Comparison Rate
5.17% p.a.
 95% 80%
1 Year Fixed Rate (Owner Occupier, IO)
4.31% p.a.
Comparison Rate
5.20% p.a.
 95% 80%
1 Year Fixed Rate (Investor, P&I)
4.36% p.a.
Comparison Rate
5.70% p.a.
 90% 80%
1 Year Fixed Construction Interest Only (Owner Occupier)
3.96% p.a.
Comparison Rate
5.17% p.a.
 95% 80%
1 Year Fixed Rate (Investor, IO)
4.71% p.a.
Comparison Rate
5.74% p.a.
 90% 80%
2 Year Fixed Rate (Owner Occupier, IO)
4.36% p.a.
Comparison Rate
5.13% p.a.
 95% 80%
2 Year Fixed Rate (Owner Occupier, P&I)
4.01% p.a.
Comparison Rate
5.06% p.a.
 95% 80%
2 Year Fixed Rate (Investor, P&I)
4.36% p.a.
Comparison Rate
5.57% p.a.
 90% 80%
2 Year Fixed Rate (Investor, IO)
4.71% p.a.
Comparison Rate
5.64% p.a.
 90% 80%
3 Year Fixed Rate (Investor, P&I)
4.11% p.a.
Comparison Rate
5.38% p.a.
 90% 80%
3 Year Fixed Rate (Owner Occupier, P&I)
3.99% p.a.
Comparison Rate
4.96% p.a.
 95% 80%
3 Year Fixed Rate (Investor, IO)
4.26% p.a.
Comparison Rate
5.42% p.a.
 90% 80%
5 Year Fixed Rate (Owner Occupier, P&I)
4.4% p.a.
Comparison Rate
4.94% p.a.
 95% 80%
5 Year Fixed Rate (Investor, IO)
5.21% p.a.
Comparison Rate
5.60% p.a.
 90% 80%
5 Year Fixed Rate (Investor, P&I)
4.86% p.a.
Comparison Rate
5.45% p.a.
 90% 80%
Product NameCUA Premium Fixed Rate Home Loan
Interest Rate TypeFixed
Comp Rate^ (p.a.)
Minimum Loan Amount$10,000
Maximum Loan Amount$5,000,000
Minimum Loan Term1 year
Maximum Loan Term30 years
Maximum LVR80%
Maximum Insured LVR95%
Mortgage Offset AccountYes
Mortgage 100% OffsetNo
Loan Redraw FacilityYes
Split Loan FacilityNo
Fixed Interest OptionYes
Loan PortableNo
Suitable for InvestmentNo
Extra RepaymentYes
Available as equity loan/line of creditNo
Repayment TypePrincipal & Interest and Interest Only Options
Application Fee$600
Ongoing Fees$0 p.a.
Discharge Fee$500

Pros

  • $0 ongoing fees.
  • Offset account attached with maximum balance if $50,000 allowed.
  • interest only repayment options.

Cons

  • $600 application fee.
  • $500 discharge fee.

Things to consider about the CUA Premium Fixed Rate Home Loan

The CUA Premium Fixed Rate home loan offers flexible features that help you repay your home loan sooner and pay off your loan according to your income and preferences. Your loan reverts to the CUA Standard Variable Home Loan after the end of the fixed rate period.

Features of the CUA Premium Fixed Rate Home Loan

  • Maximum LVR. The maximum LVR without having to pay lender’s mortgage insurance stands at 80%, and this increases to 95% if you opt to pay for lenders mortgage insurance. This applies to loans with principal and interest repayments.
  • Redraw facility. With the CUA Premium Fixed Rate Home Loan, you get to make additional lump sum repayments up to $50,000 during the fixed term, and redraw these additional repayments whenever you need extra cash. You can use the funds you redraw for whatever purpose you wish, including financing a holiday, home improvement or simply covering your bills. It's easy to redraw your extra repayments online as there will be no minimum amount and the funds are instantly transferred to your transaction or savings account.
  • Offset account. This feature can help you pay off your CUA Premium Fixed Rate Home Loan sooner as it allows you to reduce your loan term and save on interest costs. Any amount up to $50,000 in your account will offset interest on your home loan. For example, keeping $10,000 in your offset account on a home loan of $200,000 would see you only pay interest on $190,000.
  • Interest-only repayments. This feature allows you to pay off only the interest costs on your loan for a set period. This is designed to keep your loan repayments to a minimum if you are having cash flow problems or want to commit your income elsewhere.

Fees

There are no ongoing account keeping fees for this loan however below are the fees that will be charged with this loan:

  • Loan establishment fee. The CUA Premium Fixed Rate Home Loan has a $600 loan establishment fee that goes towards setting up your loan account.
  • Security administration fee: $195. This upfront fee covers the cost of setting up your property as security for the loan.

How to apply for the CUA Premium Fixed Rate Home Loan

To be eligible for this loan, please note that you have to meet the following criteria:

  • You must be at least 18 years of age
  • You have to earn a regular income
  • You must be a permanent Australian resident

The following information will also be needed to finalise your loan application:

  • Your full name, address and contact details
  • Your identification details
  • Details of your occupation, sources of income and time spent in your current job. Also include copies of your last two pay slips and group certificates
  • Details of what you owe on existing home, car, personal or line of credit loans and on credit cards
  • Details of your assets

Learn more about the award-winning CUA Premium Fixed Rate home loan and compare it to other home loans on finder.com.au to find a loan that suits your specific needs.

Related Products
Rates last updated September 20th, 2018
CUA Fresh Start Variable Home Loan CUA Fresh Start Variable Home Loan
CUA Rate Breaker Package CUA Rate Breaker Package
ANZ Fixed Rate Home Loan ANZ Fixed Rate Home Loan
Greater Bank Ultimate Fixed Home Loan Greater Bank Ultimate Fixed Home Loan
Was this content helpful to you? No  Yes

Related Posts

CUA Fixed Rate Home Loan

Enjoy a flexible fixed rate home loan with no ongoing fees and a competitive interest rate.

Teachers Mutual Bank Fixed Option Home Loan Review

Looking to fix your rate but also help pay your home loan sooner with an offset account? See if the Teachers Mutual Bank Fixed Option Home Loan suits your needs.

ClickLoans Online Home Loan (Split Loan) review

The ClickLoans Online Home Loan (Split Loan) has multiple ways you can repay your home loan sooner as well as a competitive fixed rate.

BOQ Discount Variable Rate Home Loan

A new package home loan from Bank of Queensland with a range of rate discounts on offer, in addition to a 100% offset account.

ME Flexible Home Loan review

The ME Flexible Home Loan is available with a fixed or variable rate, or it can be split to suit your needs.

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 Privacy & Cookies Policy and Terms of Use, Disclaimer & Privacy Policy.
CUA Premium Fixed Rate Home Loan

CUA Premium Fixed Rate Home Loan

  • Interest Rate

    N/A

  • Comparison Rate

    N/A

  • App Fee / Annual Service Fee

    $600 / $0

  • Max LVR

    80%

Finder AU

Level 10, 99 York St, Sydney, NSW, Australia 2000

Disclaimer - Hive Empire Pty Ltd (trading as finder.com.au, ABN: 18 118 785 121) provides factual information, general advice and services on financial products as a Corporate Authorised Representative (432664) of Advice Evolution Pty Ltd AFSL 342880. Please refer to our FSG - Financial Products. We also provide general advice on credit products under our own Credit Licence ACL 385509. Please refer to our Credit Guide for more information. We can also provide you with general advice and factual information on about a range of other products, services and providers. We are also a Corporate Authorised Representative of Countrywide Tolstrup Financial Services Group Pty Ltd. ABN 51 586 953 292 AFSL 244436 for the provision of general insurance products. Please refer to our FSG - General Insurance. We hope that the information and general advice we can provide will help you make a more informed decision. We are not owned by any Bank or Insurer and we are not a product issuer or a credit provider. Although we cover a wide range of products, providers and services we don't cover every product, provider or service available in the market so there may be other options available to you. We also don't recommend specific products, services or providers. If you decide to apply for a product or service through our website you will be dealing directly with the provider of that product or service and not with us. We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide. If you are unsure you should get independent advice before you apply for any product or commit to any plan. (c) 2018.
Ask a question
Go to site