Featured rate
Discounted rate available when bundled with our Complete Package
Variable Owner-occupied $750K+
Bundled Home Loan Benefits
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Enjoy a $0 application fee on all your MOVE Bank loans~
Complete Package holders enjoy no establishment fees on future loans with MOVE Bank! So take advantage of our low rate home, car or personal loans today.
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Interest Rates
| Owner-occupied | Interest rate | Comparison rate |
| Complete Package Variable (maximum LVR 95%) | ||
| $50,000-$249,999 | 6.50% p.a. | 6.85% p.a. |
| $250,000-$499,999 | 6.40% p.a. | 6.75% p.a. |
| $500,000-$749,999 | 6.30% p.a. | 6.65% p.a. |
| $750,000+ | 6.20% p.a. | 6.55% p.a. |
For construction loans a premium of 0.20% is added to the applicable rate noted above during the interest only construction period
| Investment | Interest rate | Comparison rate |
| Complete Package Variable Investment (maximum LVR 90%) | ||
| $100,000-$249,999 | 7.09% p.a. | 7.43% p.a. |
| $250,000-$499,999 | 6.99% p.a. | 7.33% p.a. |
| $500,000-$749,999 | 6.89% p.a. | 7.23% p.a. |
| $750,000+ | 6.79% p.a. | 7.13% p.a. |
Interest only (maximum LVR 78%) is available on request with a premium of 0.20% added to the applicable rate noted above
Product Features:
Home Loans |
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| Minimum Loan Amount : | $50,000 for owner-occupied loans and $100,000 for investment loans |
| Maximum Loan Amount : | $3,000,000 |
| Maximum Loan to Valuation Ratio (LVR) : | 80% for P&I loans or 78% for IO loans |
| Maximum LVR with LMI : | 95% for Owner-Occupied Loans and 90% for Investment |
| Maximum Loan Term : | 30 years |
| Interest Type : | Variable |
| Repayment Type : | Principal and Interest. Interest Only available for investment loans |
| Interest Only Available : | Yes, Interest Only available for investment loans only |
| Repayment Frequency : | Monthly |
| Offset Account : | Yes |
| Redraw Facility : | Yes |
| Establishment Fee : | $0 |
| Annual Package Fee : | $395 |
| Redraw Fee : | $0 |
| Discharge Fee : | $350 |
| Valuation Fee : | One free standard valuation up to $205 included |
| Available for Bridging : | Yes |
| Available for Construction : | Yes |
Calculators
Handy tools to get you ready
Important Information:
Loans are issued by Railways Credit Union Limited trading as MOVE Bank ABN 91 087 651 090. AFSL/ Australian credit licence 234536. Available only for new lending to MOVE Bank, excludes internal refinance. Loans Rates current are subject to change. All rates quoted are per annum. Suitability and assessment criteria, fees, charges, terms and conditions apply.
+ For more information about fee-free banking please visit our Fees & Charges page. See Special Services Fees section for overseas ATM withdrawal fees. MOVE Bank does not charge eligible members for ATM transactions, however, individual ATM providers may charge fees for using their service.
*Insurance discount is only available over the phone or in branch. Insurance is issued by Insurance Australia Limited ABN 11 000 016 722 AFSL 227681 trading as CGU Insurance. Any advice is general and does not take into account your personal circumstance. Consider the Product Disclosure Statement, available on the relevant insurance product page or by calling 1300 362 216, to see if the product is right for you. Minimum premiums may apply. Any applicable discounts may be subject to minimum premiums. Discounts only apply until a minimum premium is reached. When we determine your premium, we may also limit any increases or decreases in your premium by considering factors including at renewal your previous year’s premium amount. When you purchase your policy and at renewal you may not receive the full discount based on the premium calculation process. For Landlord policies, this discount will not apply to the cost of the liability cover under those policies.
^Other fees and charges apply. All credit card applications are subject to MOVE Bank’s standard credit assessment and eligibility criteria.
~ Establishment fees waived for current Complete Package holders only. Other fees and charges apply. All loan applications are subject to MOVE Bank’s standard assessment and eligibility criteria.
Footnotes:
- 1 Comparison rate is based on a secured loan of $150,000 for a term of 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 amounts might result in a different comparison rate. Fees and charges apply. Rates quoted are correct as stated and are subject to change without further notice. All rates quoted are per annum. All applications are subject to MOVE’s standard credit assessment and eligibility criteria.
- 2 Minimum loan amount $50,000 for owner-occupied loans and $100,000 for investment loans.
- 3 Alternate interest rate and LVR conditions apply to Interest Only loans. LMI may be required for loans over 78% LVR. Details are available upon application.
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Railways Credit Union Limited trading as MOVE Bank | ABN 91 087 651 090 | AFSL/Australian credit licence 234 536 | BSB 724 100 | Swift code WPACAU2S