The Finance Algorithm
The Capricornian

Mortgage Plus Home Loan

Improve your lifestyle by unlocking your home’s equity

Home loansBank updated 17 July 2026
At a glance
Variable (owner occ. P&I)
8.98%
Variable (investor P&I)
8.98%
Max LVR
75%
Annual fee
$120
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
Variable$100,000+8.98%paid every 1 mo; Must have and be willing to offer appropriate security.
VariableOwner occupied8.98%Aged 18 years or older
§ 02 — Fees · 11
FeeTypeAmountWhenNotes
Arrears Fees - 2nd and Subsequent Reminder Letter FeeEvent$20Applies when you fail to make your contracted repayments by the repayment due date.
Arrears Fees - Default Notice FeeEvent$40If you don’t make your payment after a period of time in arrears, you will be issued with a default notice.
Arrears Fees - Reminder call feeEvent$5Applies when you fail to make your contracted repayments by the repayment due date.
Contract Variation & Consent FeeEvent$400A fee is charged when a member applies to vary their loan conditions
Further Advance Establishment FeeEvent$400Includes one valuation up to the cost of $300 - Excludes additional valuation costs and solicitors costs to prepare mortgage documents and settlement fees.
Mortgage Discharge FeeExit$300This fee is payable in addition to solicitors fees, registration, searches and other third party fees that may apply.
Card FeePeriodic$6Every 3 moCard Fee
Overdraft Service FeePeriodic$10Every 1 mo
EFTPOS incl declined transactionsTransaction$0.70
Visa Debit Cash AdvanceTransaction$0.70Where credit option is selected for cash/cash and purchase transaction
Establishment FeeUpfront$600Includes one valuation up to the cost of $300 - Excludes additional valuation costs and solicitors costs to prepare mortgage documents and settlement fees.
§ 03 — Features
Instant paymentsPayIDDigital bankingGoogle PayApple Pay
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Individuals must be citizens or permanent residents of Australia.
  • · Amount $100,000 to no maximum
  • · Maximum LVR 75%
  • · You will need to become a member of the Credit Union before The Capricornian can accept a loan application.

Published by The Capricornian under the Consumer Data Right, last changed by them on 17 July 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.