If you want confirmation that our Home Loans offer outstanding value, read on!
A recent comparison has shown that our members can save up to $54,329* in interest charges over the life of their loan when compared to other home loan providers*.
What's more, just like all our loans, all our Home Loans have a raft of benefits designed to give you the advantage.
- Free death cover up to your for your first $120,000 in loans per membership
- Borrow up to 90%
- Free loan redraw
- Make extra repayments without penalty
Maritime, Mining & Power Credit Union offers one of the best value home loans in Australia. See how we compare for a $250,000 loan over 30 years:
| Variable Rate p.a * | Comparison Rate p.a. + | Loan Repayment p.m. | Total Interest Payment | Amount Saved | |
|---|---|---|---|---|---|
| Maritime | 8.64% | 8.71% | $1,947 | $450,971 | |
| ANZ | 9.47% | 9.56% | $2,098 | $505,300 | $54,329 |
| Westpac | 9.47% | 9.67% | $2,098 | $505,300 | $54,329 |
| NAB | 9.46% | 9.59% | $2,096 | $504,650 | $53,679 |
| CBA | 9.44% | 9.55% | $2,093 | $503,340 | $52,369 |
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Questions?
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*Interest rate correct as at 7 May 2008, subject to change. Terms and conditions, fees and charges and approval criteria apply. + Comparison rate based on $150,000 loan over 25 years secured with monthly repayments.
WARNING: This comparison rate applies only to the 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. A Comparison Rate Schedule is available here or at out branches. This offer may be withdrawn at any time.
+ Comparison Rate shown for the institution’s Standard Variable Home Loan product based on $150,000 loan over 25 years. Source - institution’s website 7 May 2008.
