POLICE CREDIT UNION LIMITED
Secured Residential Term Loan
Secured Residential Term Loan
Business loansBank updated 26 May 2026
At a glance
- Variable
- 7.40%
- Upfront fee
- $1,020
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | Investment · P&I | — | ≤80% LVR | 7.40% | — | — |
§ 02 — Fees · 22
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| DOCUMENT_SEARCH | Cash advance | $11.50 | — | Per search - provides a duplicate copy of a registered document from Property Assist |
| REGISTRATION_FEE_(NT) | Cash advance | $176 | — | Per instrument. Payable to register our interests as Mortgagee. Or alternatively, to remove the interest of another Financial Institution from the title. |
| REGISTRATION_FEE | Cash advance | $198 | — | Per instrument. Payable to register our interests as Mortgagee. Or alternatively, to remove the interest of another Financial Institution from the title. |
| TITLE_SEARCH_(NT) | Cash advance | $55.78 | — | Per Search - provides a copy of the title to the property |
| TITLE_SEARCH_(SA) | Cash advance | $35.50 | — | Per search - provides a copy of the title of the property |
| VALUATION_FEE_(NT) | Cash advance | $205 | — | from $205.00, please see tier Valuation Fee for Property Value up to over $1,500,000 |
| VALUATION_FEE | Cash advance | $205 | — | From $205 - a fee charged to value the proposed security property for metropolitan area. Outside metropolitan area as charged by the valuer. |
| BUSINESS_BANKING_CONVEYANCER'S/SOLICITORS_FEE | Event | $350 | — | Covers preparation of mortgage documents, |
| BUSINESS_BANKING_VARIATION_OF_SECURITY_FEE | Event | $250 | — | Payable when ever we consent to the substitution of the mortgaged property. |
| DEED_OF_PRIORITY_FEE | Event | $110 | — | Payable whenever we prepare a Deed of Priority. |
| DEFAULT_FEE | Event | $15 | — | Payable whenever your repayments become in arrears by 15 days or more. |
| DEMAND_FEE | Event | $50 | — | Payable whenever we send you a notice demanding that you remedy a default under your contract. |
| DISCHARGE_OF_MORTGAGE_FEE/SECURITY_DISCHARGE_ADMIN_FEE | Event | $150 | — | Administration cost payable whenever we prepare to discarge a mortage at your request. |
| DISHONOUR_FEE | Event | $15 | — | Payable whenever a direct debit, cheque or payment order to your account is declined or dishonoured. |
| DOCUMENT_PREPARATION_FEE | Event | $150 | — | Payable whenever we prepare more than three documents. |
| PROGRESSIVE_DRAWDOWN_FEE | Event | $500 | — | Payable when we make a number of progressive payments to fund your loan amount, typically for construction or major renovation finance. Payable upon initial disbursement of your loan. |
| RENEGOTIATION/REVIEW_FEE | Event | $500 | — | Payable whenever we renegotiate, vary or review your loan facilities. |
| WRITTEN_NOTICE_FEE | Event | $25 | — | Payable whenever we send you a notice that your repayments are in arrears or your account is overdrawn. |
| BANK_CHEQUE_FEE | Payment | $12 | — | Per cheque - Purchase of a bank cheque for settlement |
| BUSINESS_BANKING_FURTHER_ADVANCE_FEE | Upfront | $500 | — | — |
| COMMERCIAL_LOAN_APPLICATION_FEES | Upfront | $500 | — | — |
| VOUCHER/DOCUMENT_SEARCH_FEE | Upfront | $20 | — | Payable per search |
§ 03 — Features
Instant paymentsPayIDDigital banking
§ 04 — Eligibility & limits
- · Minimum age 18
- · Available to businesses
§ 05 — Compare
§ 06 — Run the numbers
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Published by Police Credit Union Ltd under the Consumer Data Right, last changed by them on 26 May 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.