Effective 1st December 2020

Housing Loans (1)
Mortgage Breaker Home Loan
Protector Home Loan

Comparison Rate
4.05% p.a.
3.29% p.a.

Personal Loans (4)
Personal Loan (Standard Variable)
Personal Loan (Special Variable)
Low Rate Personal Loan (3)


13.49% p.a.
11.49% p.a.
6.00% p.a.
Car Loans

Special  New Car Loan rate* (2)
New Car Loan (100% of invoice) (2)
Used to 3 Years (3)

5.74% p.a.
8.75% p.a.
9.15% p.a.
Business Loans

Secured by Mortgage
 5.14% p.a.
Overdrafts

Approved
Over approved limit

14.95% p.a.
16.95% p.a.
Overdrawn Savings Account

No pre-approved limit

16.95% p.a.

 
Please click here for a copy of the current Loans Interest Rate brochure

(1) Comparison rates have been calculated on an amount of $150,000 over a term of 25 years
(2) Comparison rate has been calculated for a secured loan for an amount of $30,000 over a term of 5 years
(3) Comparison rate has been calculated for a secured loan for an amount of $10,000 over a term of 3 years
(4) Comparison rate has been calculated for an unsecured loan for an amount of $10,000 over a term of 3 years

* Minimum loan $15,000

Comparison Rates:WARNING: These comparison rates are 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. Information on Terms & Conditions, fees and charges and interest rates are available upon application or request

 

Note 1: Outgoings include actual cost of valuations, solicitors fees, government charges and any compulsory or optional insurance costs and/or premiums.

Note 2: The Credit Co-operative does NOT refund any application fees, or outgoings already incurred by the Credit Co-operative relative to the application, if a loan application is unsuccessful or is withdrawn.

Note 3: The Credit Co-operative does not charge account keeping fees on any of the above loan accounts but Government Taxes are passed on at estimated cost. GST is passed on at the rate of 25% of gross GST payable, i.e. borrower(s) obtain benefit of 75% GST tax credits claimable by the Credit Co-operative.

Note 4: Other terms and conditions apply to all loans. Apply to the Credit Co-operative for full details. If you have queries regarding any of the information provided, please stop by our office or give us a call during business hours and our staff will assist you in any way they can.

 
Back to top