Choose Your DHOAS Home Loan
ADCU offers a range of special DHOAS Home Loans, which have been designed to suit the needs of ADF home buyers. Our loans offer complete flexibility in terms of interest rate and repayments, as well as the option to ‘split’ them across different types of DHOAS Home Loans.
While our DHOAS team will help you work out which is the best home loan for your situation, here is a brief summary of the different types of DHOAS Home Loans available from ADCU:
DHOAS Premium Package
The Premium Package offers a complete range of benefits, including:
- A fixed, low introductory rate which helps you to budget when you first get started, reverting to the competitive variable rate when the introductory term expires.
- Ability to offset 100% of the balance of a linked savings account against your loan balance, which can lead to significant savings on your home loan interest*.
- The option to redraw additional payments you have made in advance*.
DHOAS Standard Variable Rate Loan
The Standard Variable Rate Loan offers you the best of both worlds:
- The flexibility of a variable rate, plus
- The benefit of a 100% offset facility, which allows you to pay off your loan sooner and save on interest. To maximise the offset benefit, you can choose to have all of your income deposited into your offset savings account and conveniently access your savings using Visa card, direct debit, BPay® and 24 hour Online or Phone Banking.
® Registered to BPAY Pty Ltd. ABN 69 079 137 518.
DHOAS Fixed Interest Rate Loan
ADCU offers a Fixed Interest Rate Loan with a choice of 2 or 3 years. A Fixed Interest Rate Loan offers you the certainty of knowing what your repayments will be for a fixed period and safeguards you against increasing interest rates during the fixed period. This can be especially helpful when you are trying to budget. At the end of the fixed rate period, the interest rate will automatically revert to the current standard variable rate.
DHOAS Construction Loan
We understand that sometimes it’s not always preferable to buy an established home, especially when you have the opportunity to build a home exactly as you want it. That’s why we offer a special Construction Loan to help you pay for your home at various stages in the building process. Our Construction Loan is based on a variable interest rate and repayments are made on an ‘interest only’ basis.
* Terms and Conditions, fees and charges apply and are available on application.
ADCU DHOAS HOME LOANS | ||||
| Product Feature | Premium Package | Standard Variable | Fixed Rate | Construction |
| Minimum Loan | $200,000 | $30,000 | $100,000 | $30,000 |
| Max. Loan to Value Ratio | 95% | 95% | 95% | 95% |
| Variable Rate | After 15 mths | Yes | No | Yes |
| Fixed Rate | First 15 mths | N/A | Yes (reverts to Std. Var. rate after fixed period) | No |
| Max. Loan Term | 30 years | 30 years | 30 years (initial fixed rate of 2 or 3 years) | up to 3 years or on completion of construciton |
| Repayments | Principal & Interest | Principal & Interest | Principal & Interest | Interest Only |
| Mortgage Offset | After fixed period | Yes | No | No |
| Loan Redraw | Yes (minimum $500) | Yes (minimum $500) | No | No |
| Pre-approved Visa Credit Card | Yes | Yes | Yes | Yes |
| Additional/LumpSum Repayments | Only after fixed period | Yes | No | Yes |
| Establishment Fee | Yes | Yes | Yes | Yes |
| Monthly/Annual Fee | No | No | No | No |
| Break Fee | During fixed intro period only | No | Yes | No |
| Split option (with other DHOAS loans) | Yes | Yes | Yes | Yes |
| Terms and conditions, fees and charges apply and are available on application. | ||||