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Variable Rate Home Loans

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Enjoy $2,020 when you switch your existing home loan to us

Available for owner-occupied and investors with a minimum initial loan amount of $300,000. *Conditions apply. 

Approved by 13 November 2020 and funded by 31 December 2020

Apply OnlineMake an Appointment

Essential Low Rate variable home loan

Available for owner-occupied and investors with a minimum initial loan amount of $150,000.

2.89% pa1
Variable Rate

2.94% pa2
Comparison Rate

Apply OnlineMake an Appointment

 


Essential Low Rate Variable Home Loan
(Owner-Occupier)

This low rate loan would suit a property owner who is looking for a no frills loan and is comfortable with the idea that rates may increase or decrease during the term of the loan.

  • Borrow up to 95% of the purchase price
  • $150,000 minimum borrowing amount
  • New business only

2.89% pa1
Variable Rate

2.94% pa2
Comparison Rate

Apply OnlineMake an AppointmentManage Your Home Loan
  More information

Essential Low Rate
Rates
Variable interest rate2.89% pa
Comparison rate2.94% pa
Features
Included in Relationship RebateNo 
Deposit required5%
Establishment fee$865 
Valuation fees included within establishment fee?Yes 
Ability to increase loan amount (Loan Top Up)Yes 
Additional repayments acceptedYes 
Additional repayments fee $$0 
Annual fee$0 
Automatic repayments (payroll)Yes 
Can be used for buildingYes 
Easy to apply for loanYes
Discharge fee$200 
Interest chargesCalculated daily, charged monthly
Interest only repayments (up to 1 year)Not available
Maximum Loan-to-Value ratio95%
Minimum amount$150,000 
Maximum AmountSubject to application
Maximum term (years)30 
Monthly fee$0 
Mortgage offsetNo 
Partial split loanNo 
RepaymentsMonthly, Fortnightly, Weekly
Redraw facilityNo 
Suitable for vacant landYes 
Switching fee$250 
Variable and lump sum repaymentsYes 

1 Year Introductory Variable Rate Home Loan
(Owner-Occupier)

This loan would suit an owner-occupier who is comfortable with the idea that rates may increase or decrease during the term of the loan. After 12 months, this loan reverts to the Standard Variable Rate Home Loan.

  • Borrow up to 95% of the purchase price
  • $150,000 minimum borrowing amount
  • Up to 30-year loan period

3.19% pa3
Variable Rate

4.47% pa2
Comparison Rate

Apply OnlineMake an AppointmentManage Your Home Loan
  More information

1 Year Introductory Variable Rate
Rates
Variable interest rate3.19% pa
Comparison rate4.47% pa
Features
Deposit required5%
Establishment fee$865 
Valuation fees included within establishment fee?Yes 
Ability to increase loan amount (Loan Top Up)Yes 
Additional repayments acceptedYes 
Additional repayments fee $$0 
Annual fee$0 
Automatic repayments (payroll)Yes 
Can be used for buildingYes 
Easy to apply for loanYes
Discharge fee$200 
Interest chargesCalculated daily, charged monthly
Loan termup to 30 years
Maximum Loan-to-Value ratio80%
Minimum amount$150,000 
Maximum AmountSubject to application
Minimum term (years)1 
Maximum term (years)30 
Monthly fee$0 
Mortgage offsetYes 
Partial split loanYes 
RepaymentsMonthly, Fortnightly, Weekly
Redraw facilityYes 
Redraw fee$0 
Suitable for vacant landYes 
Variable and lump sum repaymentsYes 

2 Year Introductory Variable Rate Home Loan
(Owner-Occupier)

This loan would suit an owner-occupier who is comfortable with the idea that rates may increase or decrease during the term of the loan. After 24 months, this loan reverts to the Standard Variable Rate Home Loan.

  • Borrow up to 95% of the purchase price
  • $150,000 minimum borrowing amount
  • Up to 30-year loan period

3.29% pa3
Variable Rate

4.37% pa2
Comparison Rate

Apply OnlineMake an AppointmentManage Your Home Loan
  More information

2 Year Introductory Variable Rate
Rates
Variable interest rate3.29% pa
Comparison rate4.37% pa
Features
Deposit required5%
Establishment fee$865 
Valuation fees included within establishment fee?Yes 
Ability to increase loan amount (Loan Top Up)Yes 
Additional repayments acceptedYes 
Additional repayments fee $$0 
Annual fee$0 
Automatic repayments (payroll)Yes 
Can be used for buildingYes 
Easy to apply for loanYes
Discharge fee$200 
Interest chargesCalculated daily, charged monthly
Loan termup to 30 years
Maximum Loan-to-Value ratio80%
Minimum amount$150,000 
Maximum AmountSubject to application
Minimum term (years)2 
Maximum term (years)30 
Monthly fee$0 
Mortgage offsetYes 
Partial split loanYes 
RepaymentsMonthly, Fortnightly, Weekly
Redraw facilityYes 
Redraw fee$0 
Suitable for vacant landYes 
Variable and lump sum repaymentsYes 

3 Year Introductory Variable Rate Home Loan
(Owner-Occupier)

This loan would suit an owner-occupier who is comfortable with the idea that rates may increase or decrease during the term of the loan. After 36 months, this loan reverts to the Standard Variable Rate Home Loan.

  • Borrow up to 95% of the purchase price
  • $150,000 minimum borrowing amount
  • Up to 30-year loan period

3.59% pa3
Variable Rate

4.35% pa2
Comparison Rate

Apply OnlineMake an AppointmentManage Your Home Loan
  More information

3 Year Introductory Variable Rate
Rates
Variable interest rate3.59% pa
Comparison rate4.35% pa
Features
Deposit required5%
Establishment fee$865 
Valuation fees included within establishment fee?Yes 
Ability to increase loan amount (Loan Top Up)Yes 
Additional repayments acceptedYes 
Additional repayments fee $$0 
Annual fee$0 
Automatic repayments (payroll)Yes 
Can be used for buildingYes 
Easy to apply for loanYes
Discharge fee$200 
Interest chargesCalculated daily, charged monthly
Loan termup to 30 years
Maximum Loan-to-Value ratio80%
Minimum amount$150,000 
Maximum AmountSubject to application
Minimum term (years)3 
Maximum term (years)30 
Monthly fee$0 
Mortgage offsetYes 
Partial split loanYes 
RepaymentsMonthly, Fortnightly, Weekly
Redraw facilityYes 
Redraw fee$0 
Suitable for vacant landYes 
Variable and lump sum repaymentsYes 

Base Variable Rate Home Loan
(Owner-Occupier)

This loan would suit an owner-occupier who is comfortable with the idea that rates may increase or decrease during the term of the loan.

  • Borrow up to 95% of the purchase price
  • $150,000 minimum borrowing amount
  • Up to 30-year loan period
  • Not included in Relationship Rebate

3.49% pa4
Variable Rate

3.54% pa2
Comparison Rate

Apply OnlineMake an AppointmentManage Your Home Loan
  More information

Base Variable Rate Home Loan
Rates
Variable interest rate3.49% pa
Comparison rate3.54% pa
Features
Deposit required5%
Establishment fee$865 
Valuation fees included within establishment fee?Yes 
Ability to increase loan amount (Loan Top Up)Yes 
Additional repayments acceptedYes 
Additional repayments fee $$0 
Annual fee$0 
Automatic repayments (payroll)Yes 
Can be used for buildingYes 
Easy to apply for loanYes
Discharge fee$200 
Interest chargesCalculated daily, charged monthly
Loan termup to 30 years
Maximum Loan-to-Value ratio95%
Minimum amount$150,000 
Maximum AmountSubject to application
Minimum term (years)1 
Maximum term (years)30 
Monthly fee$0 
Mortgage offsetNo 
Partial split loanNo 
RepaymentsMonthly, Fortnightly, Weekly
Redraw facilityYes 
Redraw fee$0 
Suitable for vacant landYes 
Switching fee$250 
Variable and lump sum repaymentsYes 

Standard Variable Rate Home Loan
(Owner-Occupier)

This loan would suit an owner-occupier who is comfortable with the idea that rates may increase or decrease during the term of the loan.

  • Borrow up to 95% of the purchase price
  • $20,000 minimum borrowing amount
  • Up to 30-year loan period

4.54% pa5
Variable Rate

4.60% pa2
Comparison Rate

Apply OnlineMake an AppointmentManage Your Home Loan
  More information

Standard Variable Rate Home Loan
Rates
Variable interest rate4.54% pa
Comparison rate4.60% pa
Features
Deposit required5%
Establishment fee$865 
Valuation fees included within establishment fee?Yes 
Ability to increase loan amount (Loan Top Up)Yes 
Additional repayments acceptedYes 
Additional repayments fee $$0 
Annual fee$0 
Automatic repayments (payroll)Yes 
Can be used for buildingYes 
Easy to apply for loanYes
Discharge fee$200 
Interest chargesCalculated daily, charged monthly
Loan termup to 30 years
Maximum Loan-to-Value ratio95%
Minimum amount$20,000 
Maximum AmountSubject to application
Minimum term (years)1 
Maximum term (years)30 
Monthly fee$0 
Mortgage offsetYes 
Partial split loanYes 
RepaymentsMonthly, Fortnightly, Weekly
Redraw facilityYes 
Redraw fee$0 
Suitable for vacant landYes 
Variable and lump sum repaymentsYes 


 


Essential Low Rate Variable Home Loan
(Investor)

This low rate loan would suit a property investor who is looking for a no frills loan and is comfortable with the idea that rates may increase or decrease during the term of the loan.

  • Borrow up to 95% of the purchase price
  • $150,000 minimum borrowing amount
  • New business only

2.89% pa1
Variable Rate

2.94% pa2
Comparison Rate

Apply OnlineMake an AppointmentManage Your Home Loan
  More information

Essential Low Rate
Rates
Variable interest rate2.89% pa
Comparison rate2.94% pa
Features
Interest only repayments (up to 1 year)Not available
Included in Relationship RebateNo 
Deposit required5%
Establishment fee$865 
Valuation fees included within establishment fee?Yes 
Ability to increase loan amount (Loan Top Up)Yes 
Additional repayments acceptedYes 
Additional repayments fee $$0 
Annual fee$0 
Automatic repayments (payroll)Yes 
Can be used for buildingYes 
Early repayments without penaltyYes
Easy to apply for loanYes
Interest chargesCalculated daily, charged monthly
Loan termup to 30 years
Maximum term (years)30 
Maximum Loan-to-Value ratio95%
Minimum amount$150000 
Maximum AmountSubject to application
Mortgage offsetNo 
Partial split loanNo 
Rate termVariable
Redraw facilityNo 
RepaymentsMonthly, Fortnightly, Weekly
Suitable for vacant landYes 
Switching fee$250 
Discharge fee$200 
Variable and lump sum repaymentsYes 

1 Year Introductory Variable Rate Home Loan
(Investor)

This loan would suit a property investor who is comfortable with the idea that rates may increase or decrease during the term of the loan. After 12 months, this loan reverts to the Standard Variable Rate Home Loan.

  • Borrow up to 95% of the purchase price
  • $150,000 minimum borrowing amount
  • Up to 30-year loan period

3.19% pa3
Variable Rate

4.47% pa2
Comparison Rate

Apply OnlineMake an AppointmentManage Your Home Loan
  More information

1 Year Introductory Variable Rate
Rates
Variable interest rate3.19% pa
Comparison rate4.47% pa
Features
Deposit required5%
Establishment fee$865 
Valuation fees included within establishment fee?Yes 
Ability to increase loan amount (Loan Top Up)Yes 
Additional repayments acceptedYes 
Additional repayments fee $$0 
Annual fee$0 
Automatic repayments (payroll)Yes 
Can be used for buildingYes 
Early repayments without penaltyYes
Easy to apply for loanYes
Interest chargesCalculated daily, charged monthly
Interest only repayments (up to 10 years) Yes 
Loan termup to 30 years
Maximum term (years)30 
Maximum Loan-to-Value ratio80%
Minimum amount$150,000 
Maximum AmountSubject to application
Minimum term (years)1 
Mortgage offsetYes 
Partial split loanYes 
Rate termVariable
Redraw facilityYes 
Redraw fee$0 
RepaymentsMonthly, Fortnightly, Weekly
Suitable for vacant landYes 
Discharge fee$200 
Variable and lump sum repaymentsYes 

2 Year Introductory Variable Rate Home Loan
(Investor)

This loan would suit a property investor who is comfortable with the idea that rates may increase or decrease during the term of the loan. After 24 months, this loan reverts to the Standard Variable Rate Home Loan.

  • Borrow up to 95% of the purchase price
  • $150,000 minimum borrowing amount
  • Up to 30-year loan period

3.29% pa3
Variable Rate

4.37% pa2
Comparison Rate

Apply OnlineMake an AppointmentManage Your Home Loan
  More information

2 Year Introductory Variable Rate
Rates
Variable interest rate3.29% pa
Comparison rate4.37% pa
Features
Deposit required5%
Establishment fee$865 
Valuation fees included within establishment fee?Yes 
Ability to increase loan amount (Loan Top Up)Yes 
Additional repayments acceptedYes 
Additional repayments fee $$0 
Annual fee$0 
Automatic repayments (payroll)Yes 
Can be used for buildingYes 
Early repayments without penaltyYes
Easy to apply for loanYes
Interest chargesCalculated daily, charged monthly
Interest only repayments (up to 10 years) Yes 
Loan termup to 30 years
Maximum term (years)30 
Maximum Loan-to-Value ratio80%
Minimum amount$150,000 
Maximum AmountSubject to application
Minimum term (years)2 
Mortgage offsetYes 
Partial split loanYes 
Rate termVariable
Redraw facilityYes 
Redraw fee$0 
RepaymentsMonthly, Fortnightly, Weekly
Suitable for vacant landYes 
Discharge fee$200 
Variable and lump sum repaymentsYes 

3 Year Introductory Variable Rate Home Loan
(Investor)

This loan would suit a property investor who is comfortable with the idea that rates may increase or decrease during the term of the loan. After 36 months, this loan reverts to the Standard Variable Rate Home Loan.

  • Borrow up to 95% of the purchase price
  • $150,000 minimum borrowing amount
  • Up to 30-year loan period

3.59% pa3
Variable Rate

4.35% pa2
Comparison Rate

Apply OnlineMake an AppointmentManage Your Home Loan
  More information

3 Year Introductory Variable Rate
Rates
Variable interest rate3.59% pa
Comparison rate4.35% pa
Features
Deposit required5%
Establishment fee$865 
Valuation fees included within establishment fee?Yes 
Ability to increase loan amount (Loan Top Up)Yes 
Additional repayments acceptedYes 
Additional repayments fee $$0 
Annual fee$0 
Automatic repayments (payroll)Yes 
Can be used for buildingYes 
Early repayments without penaltyYes
Easy to apply for loanYes
Interest chargesCalculated daily, charged monthly
Interest only repayments (up to 10 years) Yes 
Loan termup to 30 years
Maximum term (years)30 
Maximum Loan-to-Value ratio80%
Minimum amount$150,000 
Maximum AmountSubject to application
Minimum term (years)3 
Mortgage offsetYes 
Partial split loanYes 
Rate termVariable
Redraw facilityYes 
Redraw fee$0 
RepaymentsMonthly, Fortnightly, Weekly
Suitable for vacant landYes 
Discharge fee$200 
Variable and lump sum repaymentsYes 

Base Variable Rate Home Loan (Investor)

This loan would suit a property investor who is comfortable with the idea that rates may increase or decrease during the term of the loan.

  • Borrow up to 95% of the purchase price
  • $150,000 minimum borrowing amount
  • Up to 30-year loan period
  • Not included in Relationship Rebate

3.49% pa4
Variable Rate

3.54% pa2
Comparison Rate

Apply OnlineMake an AppointmentManage Your Home Loan
  More information
    Base Variable Rate Home Loan
    Rates
    Variable interest rate3.49% pa
    Comparison rate3.54% pa
    Features
    Deposit required5%
    Establishment fee$865 
    Valuation fees included within establishment fee?Yes 
    Ability to increase loan amount (Loan Top Up)Yes 
    Additional repayments acceptedYes 
    Additional repayments fee $$0 
    Annual fee$0 
    Automatic repayments (payroll)Yes 
    Can be used for buildingYes 
    Early repayments without penaltyYes
    Easy to apply for loanYes
    Interest chargesCalculated daily, charged monthly
    Interest only repayments (up to 10 years) Yes 
    Loan termup to 30 years
    Maximum term (years)30 
    Maximum Loan-to-Value ratio95%
    Minimum amount$150000 
    Maximum AmountSubject to application
    Minimum term (years)1 
    Mortgage offsetNo 
    Partial split loanNo 
    Rate termVariable
    Redraw facilityYes 
    Redraw fee$0 
    RepaymentsMonthly, Fortnightly, Weekly
    Suitable for vacant landYes 
    Switching fee$250 
    Discharge fee$200 
    Variable and lump sum repaymentsYes 

Standard Variable Rate Home Loan (Investor)

This loan would suit a property investor who is comfortable with the idea that rates may increase or decrease during the term of the loan.

  • Borrow up to 95% of the purchase price
  • $20,000 minimum borrowing amount
  • Up to 30-year loan period

4.54% pa5
Variable Rate

4.60% pa2
Comparison Rate

Apply OnlineMake an AppointmentManage Your Home Loan
  More information
    Standard Variable Rate Home Loan
    Rates
    Variable interest rate4.54% pa
    Comparison rate4.60% pa
    Features
    Deposit required5%
    Establishment fee$865 
    Valuation fees included within establishment fee?Yes 
    Ability to increase loan amount (Loan Top Up)Yes 
    Additional repayments acceptedYes 
    Additional repayments fee $$0 
    Annual fee$0 
    Automatic repayments (payroll)Yes 
    Can be used for buildingYes 
    Early repayments without penaltyYes
    Easy to apply for loanYes
    Interest chargesCalculated daily, charged monthly
    Interest only repayments (up to 10 years) Yes 
    Loan termup to 30 years
    Maximum term (years)30 
    Maximum Loan-to-Value ratio95%
    Minimum amount$20,000 
    Maximum AmountSubject to application
    Minimum term (years)1 
    Mortgage offsetYes 
    Partial split loanYes 
    Rate termVariable
    Redraw facilityYes 
    Redraw fee$0 
    RepaymentsMonthly, Fortnightly, Weekly
    Suitable for vacant landYes 
    Discharge fee$200 
    Variable and lump sum repaymentsYes 

 

 

*Credit eligibility criteria, terms & conditions, fees & charges apply. The Refinance Cash Back Offer is only available when you are approved for and settle an eligible Home Loan with Orange Credit Union which must also meet the following criteria: (1) Refinancers must apply from 1st September 2020 and have their new loan approved by 13 November 2020 and funded by 31 December 2020. (2) cannot be a refinance of an existing Orange Credit Union home loan; (3) minimum initial loan amount is $300,000; (4) this offer is not available for Bridging loans; (5) Only 1 cashback of $2,020 will be paid regardless of the numbers of customers, properties or applications involved. Orange Credit Union ABN 34 087 650 477 AFSL/Australian Credit Licence 240768.

1 Lending criteria, terms & conditions, fees & charges apply. For new loans with a minimum borrowing balance of $150,000 and up to 95% of property value.

2 Comparison rate based on a secured loan of $150,000 over 25 years. Warning: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate.

3 Lending criteria, terms & conditions, fees & charges apply. For new loans with a minimum borrowing balance of $150,000 and up to 95% of property value. At the end of the introductory period the interest rate reverts to our Standard Variable interest rate.

4 Lending criteria, terms & conditions, fees & charges apply. For new loans with a minimum borrowing balance of $150,000 and up to 95% of property value.

5 Lending criteria, terms & conditions, fees & charges apply. For new loans with a minimum borrowing balance of $20,000 and up to 95% of property value.