Premium Investment
Home Loan

Our personalised approach ensures you feel confident and prepared.

Our Premium Home Loan is suitable for new property investors and refinancers borrowing over $250k.

Apply Online Loan Calculators

Pay less in interest on your Home Loan and organise your budget with up to 8 offset accounts

 

The offset feature in our Easy Access account helps you save on the interest you pay on your Home Loan*. With us, you can have up to 8 accounts to offset your Home Loan balance reducing the amount of interest you pay to help you own your home sooner.  Available at no cost on both Standard and Premium Fixed and Variable Home Loans^.

How it works?

 

Our offset functionality is attached to our Easy Access account that is linked to your home loan, with the full balances of your account offsetting the amount you owe on your home Loan. For example, if you owe $350,000 on your home loan, and hold $10,000 in your offset account for the full month, the interest calculated for you to pay us that month will be on $340,000 instead, saving you money.

At the same time, the money is freely available for you to use, just like any other everyday account. Interest is calculated daily and charged at the end of the month, so even if you hold extra money for a few days instead of the whole month, it will still make a difference.

Do you love budgeting? Or simply want to have a separate account for other expenses and savings? The option to have up to 8 offset accounts linked to your home loan means your money can all still work for you, whether it be in a holiday, grocery, or car expenses account. You name it, it still offsets your home loan whilst keeping you on track with all your living goals.

Talk to us to set up your offset accounts and start saving straight away.

*Excludes business and reverse mortgages. ^For customers over 21 years, for each Easy Access account you hold, a monthly account fee will apply if you do not deposit a minimum of $2k/month or hold a minimum of $30k in investments or loans with us. Eligibility criteria, fees and charges, terms and conditions apply. TMD available.

Premium Investment Home Loan (P&I)
6.19
%
P.A
3-Year Fixed Rate^
6.59
%
P.A
Comparison Rate*
Premium Investment Home Loan (P&I)
  • Loans over $250k
  • Less than LVR 75%
  • New Business Only#
  • The Little Details

    Products issued by Southern Cross Credit Union Ltd. Any advice given is of a general nature only and is not based on any consideration of your objectives, financial situation and needs. To decide if a product is right for you, please refer to the Summary of Accounts, Access Facilities and Transaction Limits. Eligibility criteria, fees and charges, terms and conditions apply. To help you better asses if these products are right for you please reach out to our team or read through our Target Market Determinations (TMD), designed to help you make an informed decision that is consistent with your objectives, financial situations and needs.

    * The comparison rate is based on a $150,000 loan repayable 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 or other loan amounts might result in a different comparison rate. Principle & Interest rates shown. For Interest Only lending rates, refer to our loan interest rate schedule.

    Southern Cross Credit Union Ltd ABN 82 087 650 682 Australian Credit Licence 241 000.

    #Available for new business only. Offers not available for switching of existing SCCU home loans. Not available through Broker introduced business.

    ^ At the end of your fixed rate period the interest rate will revert to the relevant Principal and Interest variable rate.

    Credit eligibility criteria, terms and conditions, fees and charges apply. Advertised Interest rates subject to change without notice.

Product Features

Standard Investment Home Loan

Premium Investment Home Loan
Minimum Loan Amount
$10,000$250,000
Maximum Loan Amount
$250,000n/a
Maximum LVR
90%90%
Maximum Loan Term >80%
30 years30 years
Maximum Loan Term <80%
40 years40 years
Minimum Loan term
1 year1 year
Additional Repayments Available
YesYes
Redraw (Not available on Fixed rates)
YesYes
Principal & Interest Repayments
YesYes
Interest Only Repayments
YesYes
Split Loan
YesYes
Offset Account
YesYes
Fixed Rate Lock Option
YesYes
Compare

Standard Investment Home Loan

Minimum Loan Amount
$10,000
Maximum Loan Amount
$250,000
Maximum LVR
90%
Maximum Loan Term >80%
30 years
Maximum Loan Term <80%
40 years
Minimum Loan term
1 year
Additional Repayments Available
Yes
Redraw (Not available on Fixed rates)
Yes
Principal & Interest Repayments
Yes
Interest Only Repayments
Yes
Split Loan
Yes
Offset Account
Yes
Fixed Rate Lock Option
Yes

Premium Investment Home Loan

Minimum Loan Amount
$250,000
Maximum Loan Amount
n/a
Maximum LVR
90%
Maximum Loan Term >80%
30 years
Maximum Loan Term <80%
40 years
Minimum Loan term
1 year
Additional Repayments Available
Yes
Redraw (Not available on Fixed rates)
Yes
Principal & Interest Repayments
Yes
Interest Only Repayments
Yes
Split Loan
Yes
Offset Account
Yes
Fixed Rate Lock Option
Yes
Interest Rate Schedule Fees and Charges Schedule
We have been with SCCU for over 45 Years and for the last 24 of them with our business as well. The staff are amazing people to do your banking with and the loans division make every buying and selling experience so easy. Our little hiccups have never been a drama for the staff to help us solve and nothing is ever too much trouble to help us along the way to building our business through banking. Their rates are always competitive and we would never consider another bank or financial institution for all our needs. Loyal staff and loyal friends = Best Bank Ever.
Neil & Kathalina
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