XL Interest Only Home Loan Package
Our Variable Home Loan Package is designed for those wanting an extended home loan term. XL Interest Only Home Loan Package products are available for terms 31 to 40 years, for construction purposes, for properties located in South Australia. Lending criteria applies and a suitability assessment will be completed as part of the application process. The Credit Union SA Variable Home Loan Package offers a fantastic collection of benefits across our Home Loans, Visa Credit Card, Personal Loans, Term Deposits and more. You pay an annual fee of $395.
- From (owner occupied)
- 6.04%
- 6.4% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 6.04% | 6.4% | — |
| Variable | 6.24% | 6.6% | — |
| Variable | 6.99% | 7.34% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Progress Payment fee Payable for new construction loans where the loan is to be funded by a series of progressive draw-downs. This fee is payable in addition to the initial valuation fee and covers as many progressive payments as required to complete the construction | Upfront | $750.00 |
| Increase an existing home loan package When you apply to increase an existing loan linked to a home loan package | Event | $0.00 |
| Annual fee Charged Payable annually in advance for each year a Home Loan Package is mantained | Ongoing | $395.00 |
| Settlement fee Payable when a new loan is funded or our representative attends settlement | Upfront | $0.00 |
| 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 |
Features
- Unlimited fee-free additional repayments
- No loan application or monthly fee
- Redraw facility
- Offset account
- 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 — $150,000.00
- Maximum LVR — 97%
Bundles
XL Interest Only Home Loan Package
Benefits of bundling the Variable Home Loan Package include, a reduction of 0.50% pa off carded rates for all fixed and variable personal loans and an additional 0.25% pa on carded term investment rates for amounts up to $250,000. Annual fee of $395 applies to all package home loans. No application fee for the Green Loan and reduced rate.
More Information
Published by Credit Union SA under the Consumer Data Right · Last updated 28 June 2026 · Product ID CREDITUNIONSA_HL_447XL · View on CDR.gov.au · View Source Data (JSON)