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Loan Rates

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View our fixed and variable interest rates for all GMCU including Home Loans, Car Loans, Personal Loans, Overdrafts, Business, Farm and Commercial loans.

New Loans effective from 1 June 2026.

Home Loans

Interest Rates for Home Loans are determined by your loan purpose (owner occupied or investment), variable or fixed rate options and the Loan to Value Ratio (LVR).

LVR is the initial amount you are borrowing, represented as a percentage of the value of the asset you are purchasing. For example, a loan of $400,000 to buy a property worth $500,000 results in a LVR of 80%. Home loan rates are set based on the initial LVR at the time of purchase and don’t change because of changes to the LVR during the life of the loan. Interest rates apply to new lending only.

Owner Occupied Home Loans

Standard Variable Plus Interest Rate Comparison Rate
<80% LVR 6.19% p.a. 6.35% p.a.
>80% - 95% LVR 6.59% p.a. 6.75% p.a.
Fixed Home Loans Interest Rate Comparison Rate
1 Year Fixed Rate
<80% LVR 6.74% p.a. 6.40% p.a.
>80% - 95% LVR 6.74% p.a. 6.76% p.a.
2 Year Fixed Rate
<80% LVR 6.64% p.a. 6.44% p.a.
>80% - 95% LVR 6.64% p.a. 6.76% p.a.
3 Year Fixed Rate
<80% LVR 6.84% p.a. 6.53% p.a.
>80% - 95% LVR 6.84% p.a. 6.82% p.a.
Special construction offer Interest Rate Comparison Rate
<80% LVR 6.64% p.a. 6.41% p.a.
>80% - 95% LVR 6.64% p.a.   6.75% p.a.  

Investment Home Loans

Standard Variable Plus Interest Rate Comparison Rate
<80% LVR 6.39% p.a. 6.55% p.a.
>80% - 95% LVR 6.79% p.a. 6.95% p.a.
Fixed Home Loans Interest Rate Comparison Rate
1 Year Fixed Rate
<80% LVR 7.04% p.a. 6.55% p.a.
>80% - 95% LVR 7.04% p.a. 6.97% p.a.
2 Year Fixed Rate
<80% LVR 6.94% p.a. 6.66% p.a.
>80% - 95% LVR 6.94% p.a. 6.98% p.a.
3 Year Fixed Rate
<80% LVR 7.14% p.a. 6.76% p.a.
>80% - 95% LVR 7.14% p.a. 7.05% p.a.
Special construction offer Interest Rate Comparison Rate
<80% LVR 6.94% p.a.   6.63% p.a.  
>80% - 95% LVR 6.94% p.a.   6.79% p.a.

Personal Loans

Personal Loan Interest Rate Comparison Rate
Secured 7.79% p.a. 8.04% p.a.
Personal Loan Interest Rate Comparison Rate
Unsecured 14.95% p.a. 15.18% p.a.

Overdrafts

Overdrafts Interest Rate
Secured (residential real estate mortgage) 10.49% p.a.
Secured (other real estate mortgage) 11.10% p.a.
Unsecured 17.69% p.a.

Business / Farm / Commercial

Business / Farm / Commercial Interest Rate
Residential Mortgage 10.54% p.a.
Other Real Estate Mortgage 12.00% p.a.
Unsecured 18.75% p.a.

You can download a PDF copy of our Interest Rates here.

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  • 1 Comparison Rates for Home Loans and Real Estate Mortgage Loans are based on a loan of $150,000 over a term of 25 years. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan.
  • 2 Interest rate is only available to owner-occupied loans on our Standard Variable Plus, 1, 2 or 3 Year Fixed Rate principal and interest repayments with less than or equal to 80% Loan to Value Ratio (LVR). After fixed rate period, loan will revert to Standard Variable Plus product, applicable to the Loan to Value Ratio (LVR).
  • 3 Interest rate is only available to owner-occupied loans on our Standard Variable Plus, 1, 2 or 3 Year Fixed Rate principal and interest repayments with 80% - 95% Loan to Value Ratio (LVR). After fixed rate period, loan will revert to Standard Variable Plus product, applicable to the Loan to Value Ratio (LVR).
  • 4 After the first 18 months the interest rate reverts to the applicable Basic Variable rate, eligibility criteria: home loans to personal individual borrowers with new borrowings between $150,000 and $750,000 and maximum Loan to Valuation ratio of 80%; must be single dwelling construction with fixed price building contract; the fixed rate applied to the loan will be the fixed rate advertised on date of first funding.
  • 5 Interest rate is only available on investment loans on our Standard Variable Plus Investment, 1, 2 or 3 Year Fixed Rate Investment principal and interest repayments with less than or equal to 80% Loan to Value Ratio (LVR). After fixed rate period, loan will revert to our Standard Variable Plus Investment product.
  • 6 Interest rate is only available on investment loans on our Standard Variable Plus Investment, 1, 2 or 3 Year Fixed Rate Investment principal and interest repayments with 80% - 95% Loan to Value Ratio (LVR). After fixed rate period, loan will revert to Standard Variable Plus Investment product.
  • 7 A fully secured Personal Loan is secured by deposit or property or a vehicle less than three years old and the loan is not greater than our valuation of the property or vehicle.
  • 8 Comparison Rates for Car Loans and Personal Loans are based on a loan of $30,000 over a term of 5 years. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan.
  • 9 Rates are for principal and interest repayment loans, a margin will apply to interest only loans.

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