The Finance Algorithm
WARWICK CREDIT UNION

BILL RATE

BILL RATE

Business loansBank updated 1 Sept 2026
At a glance
Variable
7.95%
Upfront fee
$2,189.83
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
VariableInterest only8.25%
VariableP&I7.95%
§ 02 — Fees · 16
FeeTypeAmountWhenNotes
LOAN_ARREARS_LETTER_FEEPeriodic$12.50Charged once a loan has gone into arrears and letters are issue to customers
LOAN_SERVICE_FEE-COMMERCIALPeriodic$15Payable on Commercial Loans
MORTGAGE_RELEASE_FEE_-_SOLICITORTransaction$200Solicitor Mortgage Release charge
MORTGAGE_RELEASE_FEETransaction$150Mortgage Release fee charged per mortgage on realease by WCU
VARIATION_FEETransaction$150Variation fee when varying a loan charged on funding
CITEC_CHECK_TITLE_SEARCHUpfront$26.20Payable on funding of a new loan
CITEC_TITLE_SEARCHUpfront$25.63Payable for each Title Search ordered
ESTABLISHMENT_FEEUpfront$600Payable on funding of a new loan - price confirmed on application
IN_HOUSE_SEARCH_FEEUpfront$33Payable on funding a new loan when requesting a title search
REGISTRATION_FEES_-_MORTGAGEUpfront$192Payalbe on registration of a new mortgage
REGISTRATION_FEES_-_RELEASEUpfront$192Payable on registration of a Release of Mortgage
REGISTRATION_FEES_-_TRANSFERUpfront$192Payable for registration of a transfer for purchase price up to $180,000. If above-price confirmed on application
SETTLEMENT_AGENT_FEEUpfront$60Settlement Agent Fee payable on funding loan when settlement attended to
SETTLEMENT_NOTICEUpfront$57payable when a settlement notice is lodged
SOLICITOR_MORTGAGE_FEEUpfront$462Payable at the time of funding a new loan with new mortgages
VALUATION_FEEUpfront$350Payable on funding when a new valuation has been obtained-price confirmed on application depending on location of property
§ 03 — Features
RedrawExtra repaymentsDigital banking
  • · NO EARLY TERMINATION FEE
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: INDIVIDUALS MUST BE CITIZENS OR PERMANENT RESIDENTS OF AUSTRALIA
  • · CUSTOMER OF THE CREDIT UNION

Published by Darling Downs Bank under the Consumer Data Right, last changed by them on 1 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.