NORTHERN INLAND CREDIT UNION LTD.
Dream Home Loan Variable IO Investment
A dream home loan package with a special rate and extra benefits. No establishment fee and a 100% offset account to help you save. Fixed or variable available.
Home loansBank updated 19 June 2026
At a glance
- Max LVR
- 80%
- Annual fee
- $350
- Features
- offset, redraw, extra repayments
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableComparison Rate is calculated on a loan amount of $150,000 over 25 years based on monthly repayments. Different terms, fees or other loan amounts might result in a different comparison rate. | Investment · Interest only | — | — | 6.94% | 7.27% | — |
§ 02 — Fees · 10
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| FINAL_SEARCH | Cash advance | No fee | — | — |
| MORTGAGE_VALUATION | Cash advance | $275 | — | Valuation fee is variable depending on the location, size and type of property. |
| PEXA_ELCTRONIC_SETTLEMENT_AGENCY | Cash advance | Varies | — | Fee is variable depending on number of titles and varies from state to state. |
| REGISTRATION_WITH_LRS | Cash advance | No fee | — | — |
| ALTERNATE_SECURITY_MORTGAGE | Event | $300 | — | — |
| DISCHARGE_MORTGAGE | Event | $300 | — | — |
| LATE_REPAYMENT_FEE | Event | $15 | — | — |
| MORTGAGE_CANCELLATION_FEE | Event | $150 | — | — |
| STAFF_TRANSFER | Event | $10 | — | — |
| MORTGAGE_ANNUAL_FEE | Periodic | $350 | Every 1 yr | — |
§ 03 — Features
Offset accountRedrawExtra repaymentsDigital banking
- · For owner occupied and investment homes, purchasing of vacant land (up to 200acres/80ha) and building a new home
- · Make weekly, fortnightly or monthly repayments
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: AU
- · Available to individuals
- · Maximum LVR 80%
- · Minimum balance $150,000
- · Credit criteria and eligibility applies to all applicants. Terms and Conditions are available on application.
- · Required if LVR above 80%
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Northern Inland Credit Union Limited under the Consumer Data Right, last changed by them on 19 June 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.