The CapricornianPremium Choice Home Loan
Our Premium Choice Home Loan is packed full of features for aspiring home owners.
At a glance
- Variable (owner occ. P&I)
- 7.45%7.50% comparison
- Fixed
- 1 yr 6.24%, 2 yrs 6.34%, 3 yrs 6.54%
- Max LVR
- 97%
- Features
- offset, redraw, extra repayments
How it compares
This home loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This home loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Variable home loanOwner occupier, principal & interest, 80% LVR | 7.45% | 5.93%SCCU's BROKER HOME LOAN | 6.38%of 104 institutions | 101st lowest of 104 |
| 1-year fixed home loanOwner occupier, principal & interest, 80% LVR | 6.24% | 5.99%Northern Inland Credit Union Ltd.'s Value Home Loan - Fixed 12M | 6.59%of 82 institutions | 4th lowest of 82, level with 2 others |
| 2-year fixed home loanOwner occupier, principal & interest, 80% LVR | 6.34% | 6.09%BankVic's Fixed Rate Home Loan - 2 years | 6.62%of 84 institutions | 6th lowest of 84, level with 3 others |
| 3-year fixed home loanOwner occupier, principal & interest, 80% LVR | 6.54% | 6.24%Credit Union SA's 3-Year Fixed 40 Year Home Loan Package | 6.69%of 80 institutions | 23rd lowest of 80, level with 2 others |
Rates
Every rate The Capricornian publishes for this home loan, 7 in all.
Variable and fixed, at 80% LVR
Owner occupier, principal and interest, the lowest rate for each
- Variabletypical 6.38%7.45%
- 1 yr fixedtypical 6.59%6.24%
- 2 yrs fixedtypical 6.62%6.34%
- 3 yrs fixedtypical 6.69%6.54%
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedComparison rate based on $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan a… | Owner occupied, P&I | 1 yr fixed | ≤80% LVR | 6.24% | 7.00% | Aged 18 years or older |
| FixedComparison rate based on $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan a… | Owner occupied, P&I | 1 yr fixed | 80–97% LVR | 6.49% | 7.03% | Aged 18 years or older |
| FixedComparison rate based on $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan a… | Owner occupied, P&I | 2 yrs fixed | ≤80% LVR | 6.34% | 6.95% | Aged 18 years or older |
| FixedComparison rate based on $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan a… | Owner occupied, P&I | 2 yrs fixed | 80–97% LVR | 6.59% | 7.00% | Aged 18 years or older |
| FixedComparison rate based on $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan a… | Owner occupied, P&I | 3 yrs fixed | ≤80% LVR | 6.54% | 6.94% | Aged 18 years or older |
| FixedComparison rate based on $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan a… | Owner occupied, P&I | 3 yrs fixed | 80–97% LVR | 6.79% | 7.02% | Aged 18 years or older |
| VariableComparison rate based on $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan a… | Owner occupied, P&I | - | $50,000+ | 7.45% | 7.50% | Aged 18 years or older |
Fees
9 fees published, grouped by when they're charged.
- When you take it out$600Establishment Fee
- While you hold itNo fee published
- When you close it or pay it off$300Mortgage Discharge Fee
When you take it out1
- Establishment Fee
Includes one valuation up to the cost of $300 - Excludes additional valuation costs and solicitors costs to prepare mortgage documents and settlement fees.
$600
When particular things happen6
- Arrears Fees - 2nd and Subsequent Reminder Letter Fee
Applies when you fail to make your contracted repayments by the repayment due date.
$20 - Arrears Fees - Default Notice Fee
If you don’t make your payment after a period of time in arrears, you will be issued with a default notice.
$40 - Arrears Fees - Reminder call fee
Applies when you fail to make your contracted repayments by the repayment due date.
$5 - Contract Variation & Consent Fee
A fee is charged when a member applies to vary their loan conditions
$400 - Fixed Rate Lock Fee - The Fee is 0.15% of the amount of credit or a minimum of $395.
Allows you to secure a guaranteed fixed interest rate to protect you against potential interest rate increases that may occur during the settlement period of your loan. The fee will guarantee the Int…
From $395 - Further Advance Establishment Fee
Includes one valuation up to the cost of $300 - Excludes additional valuation costs and solicitors costs to prepare mortgage documents and settlement fees.
$400
When you close it or pay it off1
- Mortgage Discharge Fee
This fee is payable in addition to solicitors fees, registration, searches and other third party fees that may apply.
$300
Other fees1
- Fixed Rate Break Cost
You may have to pay this if you pay your loan off in full, make an early or extra repayment above $10,000 p.a, or make certain other changes to your loan, during any fixed-rate period.
From $0
Features
- Interest Only option available on request
Eligibility and limits
- Minimum age 18
- Residency: Individuals must be citizens or permanent residents of Australia.
- Amount from $50,000, no maximum
- Maximum LVR 97%
- You will need to become a member of the Credit Union before The Capricornian can accept a loan application.
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Published by The Capricornian under the Consumer Data Right, last changed by them on 9 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.