premium investment loan $250K+

min $250,000
low variable interest rate
free redraw facility
mortgage offset available

6.19%*p.a. 6.23%*p.a.

low variable interest rate

A low variable interest rate for those that need to loan $500k plus to secure the keys to their dream home. Interest on mecu loans is calculated on the daily balance to ensure that you gain immediate benefit from loan repayments and you can pay your loan off sooner rather than later.

free redraw facility

Reduce the term of your home loan and interest charges by contributing additional repayments towards it, on top of your normal scheduled repayments. You can redraw your additional repayments at any stage too!

mortgage offset available

Reduce the amount of interest you pay and pay off your home loan sooner! A Mortgage Offset account offsets 100% of your savings against the balance of your loan when the loan interest is calculated. For example, if you have a loan balance of $100,000 and a Mortgage Offset account with a $20,000 balance, interest will be calculated on the difference between your loan amount and your Mortgage Offset balance. i.e. interest will be calculated on $80,000 rather than the full $100,000 owing.

The Mortgage Offset account also reduces the amount of tax you pay on your income. As the account is non-interest earning, there is no savings interest to be taxed.

There is no minimum balance requirement and you have the added convenience of being able to access your money by VISA, Redicard PLUS or chequebook.