The Finance Algorithm

At a glance

Features
redraw, extra repayments

Rates

The one rate Macarthur Credit Union Ltd publishes for this home loan.

TypeApplies toTermBandRateComparisonConditions
VariableInvestment, Interest only--8.87%8.98%-

Rate changes

One change logged, newest first.

DateRateWasNowChange
31 Oct 2026Variable, Investment, Interest only8.62%8.87%up 0.25

Each change is logged the night it appears in the rates The Mac publishes. See how every lender answered the RBA on the rate tracker.

Fees

4 fees published, grouped by when they're charged.

When you take it out2

  • APPLICATION_FEE_BRIDGING_LOAN
    $800
  • MORTGAGE_DISCHARGE_FEE
    $200

When you make a transaction2

  • LEGAL_FEE

    At cost

    Varies
  • VALUATION_FEE

    Valuation charged at cost

    Varies

Features

RedrawExtra repaymentsInstant paymentsPayIDDigital banking

Eligibility and limits

  • Minimum age 18
  • Available to individuals
  • Minimum balance $25,000
  • Maximum Term

Published by The Mac under the Consumer Data Right, last changed by them on 2 Nov 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.