---
title: "Discounted Variable Rate Home Loan  Interest Only — Credit Union SA"
description: "Home Loans from Credit Union SA. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/credit-union-sa/products/CREDITUNIONSA_HL_440_IO
source: "CDR Compare"
language: en-AU
last_updated: 2026-06-29T00:00:00.000+10:00
---

# Discounted Variable Rate Home Loan  Interest Only — Credit Union SA

> Home Loans from Credit Union SA. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Home Loans**

Our Discounted Variable Rate Home Loan is a great choice if you’re a budget-conscious borrower on the lookout for something simple, but effective, that won’t charge you extra if you want to repay it faster.

## At a glance

- **From (investment):** 7.54% (7.43% comparison)

## Apply

Applications are handled by the provider: [Apply at Credit Union SA](https://apply.creditunionsa.com.au/cusa/servlet/SmartForm.html?formCode=joint-home-loan)

## Interest rates

### Owner occupied — Interest only

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable | 7.84% | 7.42% | — |

### Investment — Interest only

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable | 7.54% | 7.43% | — |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Application fee — When you apply for a discounted home loan | Upfront | $600.00 |
| Increase an existing discounted home loan — When you apply to increase an existing discounted home loan | Event | $0.00 |
| Settlement fee — Payable when a new loan is funded or our representative attends settlement | Upfront | $300.00 |
| Split Loan Fee — Payable when you want to divide your total home loan amount into separate loan accounts. $150 for the first split plus $100 per split thereafter on same security for all home loan types | Event | $150.00 |
| Split Loan Fee — Payable when you want to divide your total home loan amount into separate loan accounts. $150 for the first split plus $100 per split thereafter on same security for all home loan types | Event | $100.00 |
| Guarantor Application Fee — Payable whenever we prepare guarantee documents for a loan. | Event | $200.00 |

## Features

- **No loan application, monthly or annual fee**
- **Redraw facility**
- **Unlimited fee-free additional repayments**
- **Digital banking**
- **Extra repayments**
- **Guarantor supported**
- **Split Loans are available with eligible products**

## Eligibility

- **Minimum age** — 18 years
- **Residency status** — Australian citizen or permanent resident

## Constraints

- **Opening balance** — $20,000.00
- **Maximum LVR** — 80%

## Bundles

- **Discounted Variable Rate Home Loan  Interest Only** — No application fee and reduced rate on Green Loan.

## More information from Credit Union SA

- [Overview](https://www.creditunionsa.com.au/loans/home-loans/discounted-variable-rate-home-loans/)
- [Terms & conditions](https://www.creditunionsa.com.au/loans/home-loans/discounted-variable-rate-home-loans/)
- [Eligibility](https://www.creditunionsa.com.au/loans/home-loans/discounted-variable-rate-home-loans/)
- [Fees & pricing](https://cms.creditunionsa.com.au/assets/documents/BRC_1062-HL-int-rates.pdf)

## Data provenance

- Published by Credit Union SA under the Consumer Data Right
- Product ID: `CREDITUNIONSA_HL_440_IO`
- Last updated by the provider: 28 June 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/credit-union-sa/CREDITUNIONSA_HL_440_IO
- Provider page: https://www.cdrcompare.au/brands/credit-union-sa
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000131

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/credit-union-sa/products/CREDITUNIONSA_HL_440_IO) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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