First Home Premium Package

Our all in one package for first home buyers makes it easy, plus you can save when you combine a home loan, credit card and transaction account. Available for Owner Occupiers only.

No establishment fee
No package fee
No monthly service fee on transaction account
No annual fee credit card for the first year
100% offset account
Redraw available⁵
Unlimited extra repayments
Up to 40 year term available⁴

2.79 % p.a. Interest rate 2.81 % p.a. Comparison rate

We’re proud to now be working alongside the Australian Government on the First Home Loan Deposit Scheme, to help even more first home buyers realise their dream of home ownership. G&C Mutual Bank will commence funding Government-guaranteed loans from 1 February, 2020.

Check your eligibility on the National Housing Finance and Investment Corporation (NHFIC) website
Review the First Home Loan Deposit Scheme Fact Sheet, FAQs, Information Guide and First Home Buyer Declaration
Ensure you have your 2018-19 tax notice of assessment
We're ready to help you via our online home loan application, online enquiry form, 1300 364 400 or through a Mobile Lender or Service Centre

If you're ineligible for the Scheme, we'll work with you to explore other options to help you get into your first home.

Key Features
Calculator

Product Features:

Home Loan Features
Minimum loan amount :	No minimum
Maximum LVR :	Up to 80%, 95% with Lenders Mortgage Insurance or First Home Loan Deposit Scheme, or 100% with Family Guarantor
Maximum loan term :	Up to 40 years
Interest charges :	Calculated daily, debited monthly
Repayment type :	Principal & Interest
Repayment frequency :	Weekly, fortnightly or monthly repayments allowed
Establishment fee :	$0
Monthly loan fee :	$0
Package fee :	$0
Extra repayments :	Unlimited
Interest offset :	Yes
Redraw :	Yes
In principle approval :	Yes
Lenders Mortgage Insurance :	Yes, for LVRs over 80%
Loan preparation fees :	At cost
Increase/top up :	Yes

Additional Information

We're ready to help you

Cycling across Tanzania for the School of St Jude

NSW Ambulance 2019 Employee of the Year

Footnotes:

¹ Eligibility criteria, terms & conditions and fees & charges apply.
² Comparison rate based on $150,000 loan over 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.
³ Unless approved under the First Home Loan Deposit Scheme, Lenders Mortgage Insurance will be required if you borrow over 80% of the value of your home (or borrow an additional amount on your existing mortgage that brings the overall loan amount over 80% LVR). No top up available under the First Home Loan Deposit Scheme.
⁴ Available when one or more applicants are aged 30 years or less. Maximum loan term 30 years under the First Home Loan Deposit Scheme.
⁵ Minimum redraw amount of $100 and $30 service fee applies.

Product Features:

Home Loan Features

We're ready to help you

Cycling across Tanzania for the School of St Jude

NSW Ambulance 2019 Employee of the Year

Footnotes: