CENTRAL WEST CREDIT UNION LTD
Mortgage Smart Home Loan - Interest Only
Interest Only - H/Loan
Home loansBank updated 15 Apr 2026
At a glance
- Max LVR
- 90%
- Features
- extra repayments
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableSecured by mortgage over Residential Property | Owner occupied · Interest only | — | — | 7.15% | — | — |
§ 02 — Fees · 2
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| MORTGAGE_DISCHARGE_FEE | Exit | $536 | — | Discharge fees are paid on discharge |
| SMART_HOME_LOAN_ESTABLISHMENT_FEE | Upfront | $822 | — | Establishment fees paid on funding (Includes Mortgage Registration Fee) |
§ 03 — Features
Extra repaymentsDigital banking
- · Interest only payments until completion at which stage Principal and Interest payments commence
- · Maximum term 1 year allowing for contruction of house, then to convert to a principal and interest loan
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Australian Resident only
- · Maximum LVR 90%
- · Minimum balance $10,000
- · Maximum LVR 95% subject to Lenders Mortgage Insurance approval
§ 05 — Compare
§ 06 — Run the numbers
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Published by Central West CUL under the Consumer Data Right, last changed by them on 15 Apr 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.