Laboratories Credit Union Limited


Intro Discounted Standard Variable Home Loan1

SWSCU provides a standard variable rate housing loan, at a very competitive interest rate with the option of redraw facilities. The annual percentage rate for the first 12 months is the South West Slopes Standard Variable Home Rate, currently 4.25%, with a discount of 0.4% for 12 months from the date of first funding.1

  • No application, account or establishment fees
  • 0.40% discount for first 12 months
  • A no fee redraw facility
  • Unlimited additional repayments

3.85% pa2

Variable introductory interest rate

4.25% pa
interest rate

4.21% pa3
comparison rate

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Intro Discounted Standard Variable Home Loan
Interest Rates
Standard Variable Rate4.25% pa
Comparison Rate4.21% pa3
Variable Introductory Interest Rate3.85% pa2
Introductory Rate Term in Years1 
Maximum Term in Years30 
Redraw FacilityYes 
Additional Repayments AcceptedYes 
Branch AccessYes 
Establishment Fee$0 
Monthly Fee$0 
Additional Repayments Fee$0 
Redraw Fee$0 


1 Applications are subject to our normal credit assessment criteria. Terms and Conditions apply. Interest rates may change. Fees and Charges may apply.

2 Discount is applied for the first 12 months from the loan funding date after which time the interest rate will revert to the current Home Loan - Standard Variable Rate for the remainder of the term of the loan.

3 WARNING The comparison rates apply 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. Fees, charges, terms and conditions may apply