The Finance Algorithm
LCU

Intelligent Mortgage 1 Year Fixed

Fixed Rate - Owner Occupied - Principle and Interest

Home loansBank updated 5 May 2026
At a glance
Variable (owner occ. P&I)
6.35% · 6.34% comparison
Fixed
1 yr 6.10%
Max LVR
95%
Features
redraw, extra repayments
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
FixedOwner occupied · P&I1 yr fixed6.10%
VariableOwner occupied · P&I6.35%6.34%
§ 02 — Fees · 13
FeeTypeAmountWhenNotes
CONSENT_FOR_A_SECOND_MORTGAGECash advanceVaries
LAND_TITLE_SEARCHCash advanceVaries
LENDERS_MORTGAGE_INSURANCECash advanceVaries
MORTGAGE_DISCHARGE_SOLICITORS_FEECash advanceVaries
OTHER_CERTIFICATES_AND_REPORTSCash advanceVaries
PEXA_ELECTRONIC_LODGEMENT_FEECash advanceVaries
REGISTRATION_FEESCash advanceVaries
SOLICITORS_FEESCash advanceVaries
VALUATION_FEECash advanceVaries
CONTRACT_VARIATION_FEEEvent$200
MORTGAGE_DISCHARGE_FEEEvent$200
RTGS_TRANSFER_FEETransaction$15
LOAN_APPLICATION_FEEUpfront$200
§ 03 — Features
RedrawExtra repaymentsGuarantor optionInstant paymentsPayIDDigital bankingUnlimited transactions
  • · Automatic repayments. Can be set up from salary, LCU account, or external account
  • · Flexible repayments. Weekly, fortnightly or monthly
  • · No ongoing fees. No annual, monthly or weekly fees.
  • · Interest calculated daily and applied monthly
  • · Repayment type Principal and Interest
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: At least one borrower must be an Australian resident.
  • · Employment: Income required to service loan. Applicant must meet LCU lending criteria
  • · Available to individuals
  • · Amount $50,000 to $3,000,000
  • · Maximum LVR 95%
  • · Security on Australian Residential Property (1st mortgage)
  • · Minimum loan term is 1 year
  • · Maximum loan term. Loan will be renegotiated at the end of the term - max 30 years
  • · Must be a shareholder owning a $10 share. Each shareholder holds an equal share regardless of their balance. Shareholders have a say in how we are run. "Own your Bank". $10 share is refunded if you c…

Published by Laboratories Credit Union under the Consumer Data Right, last changed by them on 5 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.