Credit Union SADiscounted Variable Rate Home Loan Interest Only
Our Discounted Variable Rate Home Loan is a great choice if you’re a budget-conscious borrower on the lookout for something simple, but effective, that won’t charge you extra if you want to repay it faster.
At a glance
- Max LVR
- 80%
- Features
- redraw, extra repayments
Rates
Every rate Credit Union SA publishes for this home loan, 2 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | Investment, Interest only | - | - | 7.79% | 7.68% | - |
| Variable | Owner occupied, Interest only | - | - | 8.09% | 7.67% | - |
Rate changes
2 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 9 Oct 2026 | Variable, Investment, Interest only | 7.54% | 7.79% | up 0.25 |
| 9 Oct 2026 | Variable, Owner occupied, Interest only | 7.84% | 8.09% | up 0.25 |
Each change is logged the night it appears in the rates Credit Union SA publishes. See how every lender answered the RBA on the rate tracker.
Fees
6 fees published, grouped by when they're charged.
When you take it out2
- Application fee$600
- Settlement fee$300
When particular things happen4
- Guarantor Application Fee$200
- Increase an existing discounted home loanNo fee
- Split Loan Fee$100
- Split Loan Fee$150
Features
- No loan application, monthly or annual fee
- Unlimited fee-free additional repayments
- Split Loans are available with eligible products
Eligibility and limits
- Minimum age 18
- Residency: Australian citizen or permanent resident
- Maximum LVR 80%
- Opening balance $20,000
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Published by Credit Union SA under the Consumer Data Right, last changed by them on 8 Oct 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.