Supplementary Product Disclosure Statement lending interest rates

Lending Interest Rates

Home and Investment Lending

Loan Type Value Member Rates Comparison Rate* Member Fees
Home Loan (mortgage backed) >$200,000 LVR <80% 3.79%
LVR>80% 3.99%
LVR<80% 3.79%
LVR>80% 3.99%
App: Waived
Package: Waived
Other: Waived
Home Loan
(mortgage backed)
<$200,000 4.29% 4.29% App: Waived
Package: Waived
Other: Waived
Mortgage Top Up - Home Loan (mortgage backed) Total lending >$200,000 3.79% 3.79% Waived
Other: Waived
Mortgage Top Up - Home Loan (mortgage backed) Total lending 
<$200,000
4.29% 4.29% App: Waived
Other: Waived
Investment Loan (mortgage backed) >$200,000 4.29% 4.29% App: Waived
Package: Waived
Other: Waived
Investment Loan (mortgage backed) <$200,000 4.89% 4.89% App: Waived
Package: Waived
Other: Waived
Investment Interest Only Loan
(mortgage backed)
>$200,000 >4.49% 4.49% App: Waived
Package: Waived
Other: Waived
Investment Interest Only Loan
(mortgage backed)
<$200,000 4.89% 4.89% App: Waived
Package: Waived
Other: Waived
Mortgage Top Up- Investment Loan (mortgage backed) Total lending
>$200,000
4.29% >4.29% App: Waived
Other: Waived
Mortgage Top Up - Investment Loan (mortgage backed) <$200,000 4.89% 4.89% App: Waived
Other: Waived
Land Loan
(mortgage backed)
Total lending
>$200,000
3.79% 3.79% App: Waived
Package: Waived
Other: Waived
>Land Loan
(mortgage backed)
Total lending
<$200,000
4.29% 4.29% App: Waived
Package: Waived
Other: Waived
Bridging Loan (mortgage backed) Any amount 5.05% 5.19% App: $2,000
Package: Not available
Val: At cost (est.$350)
Legal: At cost (est.$412)
Mtg. Reg: At cost ($115)
Mtg. Dis: At cost ($115)
Care should be taken in using this comparison rate. The comparison rate is calculated on $150,000 loan over 25 years+. 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.
Rates available for amounts over $200,000. For amounts under $200,000, call us on 03 9629 4484.
Loan Type Value General Rates Comparison Rate* General Fees
Home Loan
(mortgage backed)
>$200,000 LVR <80% 5.05%< br/> LVR>80% 5.05% LVR<80% 5.10%
LVR>80% 5.10%
App: $695 (Inc. val.,legal, mtge. reg./discharge fees)
Package: $395 p.a.
Home Loan (mortgage backed) <$200,000 5.05% 5.10% App: $695 (Inc. val.,legal, mtge. reg./discharge fees)
Package: $395 p.a.
Mortgage Top Up - Home Loan (mortgage backed) Total lending >$200,000 5.05% 5.07% App: $250
Other: At cost
Mortgage Top Up - Home Loan (mortgage backed) Total lending 
<$200,000
5.05% 5.07% App: $250
Other: At cost
Investment Loan (mortgage backed) >$200,000 5.05% 5.46% App: $695 (Inc. val.,legal, mtge. reg./discharge fees)
Package: $395 p.a.
Investment Loan (mortgage backed) <$200,000 5.05% 5.46% App: $695 (Inc. val.,legal, mtge. reg./discharge fees)
Package: $395 p.a.
Investment Interest Only Loan (mortgage backed) >$200,000 5.05% 5.46% App: $695 (Inc. val.,legal, mtge. reg./discharge fees)
Package: $395 p.a.
Investment Interest Only Loan
(mortgage backed)
<$200,000 5.05% 5.46% App: $695 (Inc. val.,legal, mtge. reg./discharge fees)
Package: $395 p.a.
Mortgage Top Up- Investment Loan (mortgage backed) Total lending
>$200,000
5.05% 5.07% App: $250
Other: At cost
Mortgage Top Up - Investment Loan (mortgage backed) <$200,000 5.05% 5.07% App: $695 (Inc. val.,legal, mtge. reg./discharge fees)
Package: $395 p.a.
Land Loan (mortgage backed) Total lending
>$200,000
5.05% 5.46% App: $695 (Inc. val.,legal, mtge. reg./discharge fees)
Package: $395 p.a.
Land Loan
(mortgage backed)
Total lending
<$200,000
5.05% 5.46% App: $695 (Inc. val.,legal, mtge. reg./discharge fees)
Package: $395 p.a.
Bridging Loan (mortgage backed) Any amount 5.05% 5.19% App: $2,000
Package: Not applicable
Val: At cost (est.$350)
Legal: At cost (est.$412)
Mtg. Reg: At cost ($115)
Mtg. Dis: At cost ($115)
Care should be taken in using this comparison rate. The comparison rate is calculated on $150,000 loan over 25 years+. 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.
Rates available for amounts over $200,000. For amounts under $200,000, call us on 03 9629 4484.

Reverse Mortgage and Accommodation Deposit Lending

Value Member Rates Comparison Rate* Member Fees
Reverse Mortgage Any amount 6.49% 6.57% App: $1,050 (Inc. val., legal, mtge. reg./discharge fees)
Accommodation Deposit Loan Any amount 5.50% Rate is fixed 5.57% Rate is fixed App: $1,050 (Inc. val., legal, mtge. reg./discharge fees
Care should be taken in using this comparison rate. The comparison rate is calculated on $150,000 loan over 25 years+. 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.
Rates available for amounts over $200,000. For amounts under $200,000, call us on 03 9629 4484.
Value General Rates Comparison Rate* General Fees
Reverse Mortgage Any amount 6.49% 6.57% App: $1,050 (Inc. val., legal, mtge. reg./discharge fees)
Accommodation Deposit Loan Any amount 5.50% 5.57% App: $1,050 (Inc. val., legal, mtge. reg./discharge fees)
Care should be taken in using this comparison rate. The comparison rate is calculated on $150,000 loan over 25 years+. 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.
Rates available for amounts over $200,000. For amounts under $200,000, call us on 03 9629 4484.

Personal Loans

Loan Type Value Member Rates Comparison Rate* Member Fees
Personal Loan $10k - $30k 10.40% 10.40%* App: Waived
* The comparison rate based on $30,000 over 5 years should be taken in using this comparison rate. The comparison rate is accurate only for the example given as other factors including government fees and charges, redraw fees or fees for early repayment, may influence the final cost of the loan.
Loan Type Value General Rates Comparison Rate* General Fees
Personal Loan $10k - $30k 10.90% 11.08%* App: $125
* The comparison rate based on $30,000 over 5 years should be taken in using this comparison rate. The comparison rate is accurate only for the example given as other factors including government fees and charges, redraw fees or fees for early repayment, may influence the final cost of the loan.

Car Loans

Loan Type Value Member Rates Comparison Rate* Member Fees
Car Loan Car < 4 years old, loan >$10k 6.99% 6.99%* App: Waived
PPSR fee waived
Car Loan Car 5-7 years old, loan >$10k 7.99% 7.99%* App: Waived
PPSR fee waived
* Care should be taken in using this comparison rate. The comparison rate is calculated on $30,000 loan over 5 years. All loans secured by the motor vehicle. 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.
Loan Type Value General Rates Comparison Rate* General Fees
Car Loan Car < 4 years old, loan >$10k 7.49% 7.69%* App: $125
PPSR fee $6
Car Loan Car 5-7 years old, loan >$10k 8.49% 8.69%* App: $125
PPSR fee $6
* Care should be taken in using this comparison rate. The comparison rate is calculated on $30,000 loan over 5 years. All loans secured by the motor vehicle. 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.

#Our special rates are available to customers of MyLife MyFinance who are members of MyLife MySuper or Catholic Super

Interest rates as at 6 March 2018. All interest rates are variable unless noted otherwise.
In deciding whether this product meets your needs, we recommend that you read this page in conjunction with our Product Disclosure Statement, Supplementary Product Disclosure Statement (Interest Rates), Supplementary Product Disclosure Statement (Schedule of Fees and Charges), and our General Terms and Conditions. A copy of these documents are available on our website. You can also obtain a copy of these by contacting our office on (03) 9629 4484.
MyLife MyFinance Limited Trading as MyLife MyFinance. ABN 54 087 651 750. AFSL/Australian Credit Licence Number 245606