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Click here to download a pdf copy of our Loan Rates

pdf Click here to download a pdf copy of Comparison Rate FAQs (72 KB)

New Loans from 2nd July 2018

  Interest Rate Comparison Rate
Variable Housing Loans    
Basic Variable 4.40% pa 4.56% pa
Basic Variable - Special Offer Intro ^2 3.40% pa 4.45% pa
Basic Variable Special Offer Plus ^2 3.60% pa 4.40% pa
Basic Variable Special Offer Extra ^2 3.59% pa 4.22 %pa
Basic Variable - Investment 5.10% pa 5.25% pa
Standard Variable 5.25% pa 5.31% pa
Standard Variable - Investment 5.60% pa 5.66% pa
Other Real Estate Mortgage Loans 8.45% pa 8.55% pa
Self Managed Super Fund - Residential Secured 5.60% pa 5.74% pa
GMCU Equity Access 5.68% pa  -
     
Fixed Housing Loans    
Introductory 6 months fixed rate 3.99% pa 5.25% pa
Fixed Rate – 1 year 4.15% pa 5.20% pa
Fixed Rate – 2 years 4.10% pa 5.09% pa
Fixed Rate – 3 years 4.20% pa 5.03% pa
     
Fixed Housing Loans - Investment    
Introductory 6 months fixed rate 3.99% pa 5.58% pa
Fixed Rate – 1 year 4.89% pa 5.59% pa
Fixed Rate – 2 years 4.70% pa 5.49% pa
Fixed Rate – 3 years 4.70% pa 5.41% pa
     
 2 discount WEB
     
Car Loans (Secured)    
New Cars 8.99% pa 9.17% pa
Cars Up to 3 years old 9.77% pa 9.96% pa
Cars 3 to 9 years old 11.27% pa 11.46% pa
Cars over 9 years old 12.98% pa 13.17% pa
     
Car Loans (Part Secured)    
New Cars 9.77% pa 9.96% pa
Cars Up to 3 years old 11.27% pa 11.46% pa
Cars 3 to 9 years old 12.98% pa 13.17% pa
Cars over 9 years old 15.08% pa 15.28% pa
     
Personal Loans    
Secured rate range from 5.25% pa from 6.42% pa
  to 15.08% pa to 15.28% pa
Unsecured 15.95pa 16.10% pa
     
Overdrafts    
Secured (residential real estate mortgage) 8.95% pa  
Secured (other real estate mortgage) 9.55% pa  
Unsecured 16.54% pa  
     
Business / Farm / Commercial    
Residential Mortgage 6.99% pa  
Other Real Estate Mortgage 8.45% pa  
Unsecured 15.95% pa  

 

All rates are variable unless stated otherwise, indicative and are subject to change without notice. The fixed rate applying to a loan will be the actual fixed rate on the day of final funding. Comparison Rates for Home Loans and Real Estate Mortgage Loans are based on a loan of $150,000 over a term of 25 years. 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. You can contact GMCU on 03 5821 9033 or www.gmcu.com.au. Rates are for principle and interest repayment loans, a margin will apply to interest only loans. ^1 Members with a GMCU Home Loan applying for a new Car Loan are eligible for a reduction of 2% to the Interest Rate for the life of the loan or until the GMCU Home Loan is repaid. Applies to the advertised ‘Car Loans’ rates only. Offers ^1 and ^2 may be withdrawn or varied from time to time - the offer on the day of funding will apply to your loan.

 

^2 Special Offer includes a discount to the advertised Basic Variable Home Loan Rate of 1.00%p.a. for one year (Intro), 0.80%p.a. for two years (Plus) or 0.81%p.a. for five years (Extra). After the discount period, the interest rate reverts to the Basic Variable Home Loan Rate. Basic Variable Home Loan - Special Offer is available to new borrowers for owner occupied loans if they have a GMCU Visa Debit Card and have their salary paid into a GMCU account before funding. Special Offer includes no Establishment Fee. Minimum new borrowing of $100k, maximum loan to valuation ratio 80%, principle and interest repayments. The offer is available until withdrawn.