The Finance Algorithm
ORANGE CREDIT UNION LTD

Basic Variable Rate Home Loan

Basic Variable Rate Home Loan

Home loansBank updated 20 Aug 2026
At a glance
Variable (owner occ. P&I)
6.04% · 6.09% comparison
Max LVR
80%
Features
redraw, extra repayments
§ 01 — Rates · 18
TypeApplies toTermBandRateComparisonConditions
IntroductoryOwner occupied · Interest only1 yr intro≤60% LVR6.14%6.19%
IntroductoryOwner occupied · Interest only1 yr intro60–80% LVR6.24%6.29%
IntroductoryOwner occupied · Interest only1 yr intro>80% LVR6.44%6.49%
IntroductoryOwner occupied · Interest only2 yrs intro≤60% LVR6.14%6.19%
IntroductoryOwner occupied · Interest only2 yrs intro60–80% LVR6.24%6.29%
IntroductoryOwner occupied · Interest only2 yrs intro>80% LVR6.44%6.49%
IntroductoryOwner occupied · Interest only3 yrs intro≤60% LVR6.14%6.19%
IntroductoryOwner occupied · Interest only3 yrs intro60–80% LVR6.24%6.29%
IntroductoryOwner occupied · Interest only3 yrs intro>80% LVR6.44%6.49%
IntroductoryOwner occupied · Interest only4 yrs intro≤60% LVR6.14%6.19%
IntroductoryOwner occupied · Interest only4 yrs intro60–80% LVR6.24%6.29%
IntroductoryOwner occupied · Interest only4 yrs intro>80% LVR6.44%6.49%
IntroductoryOwner occupied · Interest only5 yrs intro≤60% LVR6.14%6.19%
IntroductoryOwner occupied · Interest only5 yrs intro60–80% LVR6.24%6.29%
IntroductoryOwner occupied · Interest only5 yrs intro>80% LVR6.44%6.49%
VariableOwner occupied · P&I≤60% LVR6.04%6.09%
VariableOwner occupied · P&I60–80% LVR6.14%6.19%
VariableOwner occupied · P&I>80% LVR6.34%6.39%
§ 02 — Fees · 3
FeeTypeAmountWhenNotes
SWITCH_FEEEvent$250
LOAN_SECURITY_DISCHARGE_FEEExit$200
MORTGAGE_ESTABLISHMENT_FEEUpfront$155
§ 03 — Features
RedrawExtra repayments
  • · Included in Relationship Rebate
  • · Can be used for building
  • · Early repayments without penalty
  • · Easy to apply for loan
  • · Interest only repayments (up to 5 years)
  • · Suitable for vacant land
  • · Variable and lump sum repayments
  • · Ability to increase loan amount (Loan Top Up)
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Must be an Australian citizen or permanent resident
  • · Amount $30,000 to no maximum
  • · Lending criteria, terms and conditions apply
  • · Up to 95% of the valuation for owner occupied (Lenders Mortgage Insurance applies for over 80% Loan to Valuation). Up to 92% of the valuation for investment (Lenders Mortgage Insurance applies for ov…
  • · New Lending Only

Published by ORANGE CREDIT UNION LTD under the Consumer Data Right, last changed by them on 20 Aug 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.