Dream Home Loan Variable IO Owner Occupied
A dream home loan package with a special rate and extra benefits. No establishment fee and a 100% offset account to help you save. Fixed or variable available.
- From (owner occupied)
- 6.94%
- 7.27% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Comparison Rate is calculated on a loan amount of $150,000 over 25 years based on monthly repayments. Different terms, fees or other loan amounts might result in a different comparison rate. | 6.94% | 7.27% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| ALTERNATE_SECURITY_MORTGAGE Capped at $0.00 | Event | $300.00 |
| DISCHARGE_MORTGAGE Capped at $0.00 | Event | $300.00 |
| FINAL_SEARCH Capped at $0.00 | Cash advance | $0.00 |
| LATE_REPAYMENT_FEE Capped at $0.00 | Event | $15.00 |
| MORTGAGE_CANCELLATION_FEE Capped at $0.00 | Event | $150.00 |
| REGISTRATION_WITH_LRS Capped at $0.00 | Cash advance | $0.00 |
| STAFF_TRANSFER Capped at $0.00 | Event | $10.00 |
| PEXA_ELCTRONIC_SETTLEMENT_AGENCY Capped at $0.00 · Fee is variable depending on number of titles and varies from state to state. |
Features
- For owner occupied and investment homes, purchasing of vacant land (up to 200acres/80ha) and building a new home
- Discounts on other products — Classic Credit Card
- Optional Classic Credit Card with no annual card fee and a discounted rate for the life of the home loan
- Extra repayments
- No restriction on amount of additional repayments you make
- Redraw facility
- Free redraw on additional repayments made. Minimum $500
- Make weekly, fortnightly or monthly repayments
- Offset account
- 100% Offset everyday transaction account available
- Digital banking
- Secure banking 24/7 from your computer or mobile with Online Banking
Eligibility
- Credit criteria and eligibility applies to all applicants. Terms and Conditions are available on application.
- Minimum age — 18 years
- Residency status — AUIndividuals must be citizens or permanent residents of Australia.
- Individuals onlyAvailable for personal borrowers only
Constraints
- Minimum balance — $150,000.00
- Maximum balance — $2,000,000.00
- Maximum LVR — 8000%80% for new borrowing
- Maximum LVR — 9500%95% for a first home buyer under the Australian Govt 5% Deposit Scheme
- Maximum LVR — 9800%98% for a single parent or guardian under the Australian Govt 5% Deposit Scheme
More Information
Published by Northern Inland Credit Union Limited under the Consumer Data Right · Last updated 19 June 2026 · Product ID NICUL33V_IO · View on CDR.gov.au