First Home Premium Package

First Home Premium Package

At G&C Mutual Bank, we understand that buying your first home is more than an achievement, it's one of the first steps in seeing your financial dreams become a reality. That's why we are pleased to announce we are launching the First Home Premium Package for first home buyers.

The First Home Premium Package is an all in one package that allows you to save when you combine a home loan, credit card and transaction account.


First Home Premium Package features:

  • 3.99% p.a. variable interest rate when you take out a home loan as a first home buyer
  • $0 Establishment Fee
  • $0 Monthly service fee on transaction account
  • $0 Annual Fee Credit Card for the first year
  • Unlimited transactions on transaction account
  • Up to 10% discount on selected home insurance
  • Interest offset account available
  • Redraw facility available^

Owner Occupied


         Principal & Interest
           Interest Only³
Product                                     
Annual % Rate¹
Comparison % Rate² Annual % Rate¹ Comparison % Rate²
First Home Premium Package
3.99% p.a. 3.99% p.a. N/A
N/A


Property Investor


         Principal & Interest
          Interest Only³
 Product                                     
Annual % Rate¹ Comparison % Rate²
Annual % Rate¹  Comparison % Rate²
First Home Premium Package
N/A
N/A
N/A
N/A

Interest rates effective 10 May 2017


1 *Eligibility criteria, terms & conditions and fees & charges apply. Maximum loan to valuation ratio 80% without Lender’s Mortgage Insurance. You must direct your whole pay amount to the First Home Premium Transaction Account each pay day, or deposit a minimum of $2,000 each month, to qualify for ongoing transaction fee exemption.
2 Comparison rate based on $150,000 loan over 25 years.
3 All ‘Interest Only’ rates apply to loan applications received after 10 May 2017.

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. An Annual Package Fee of $375 will be charged to your First Home Premium Transaction Account on initial funding of your First Home Premium Package and on each anniversary of that funding thereafter.

^Minimum redraw of $100 applies.