Overdrafts

Family First Credit Union offers three overdraft options for you to choose from.

Overdrafts

Family First Credit Union offers three overdraft options for you to choose from.

Unsecured Overdraft

Get through those peak periods of unexpected bills with our Unsecured Overdraft, speak to a friendly member of our staff to calculate how much you could borrow based off your income.

  • No monthly service fees
  • Only pay interest on the portion of the overdraft used
  • Interest calculated daily and charged monthly

Interest rate

View our interest rates

Minimum amount

$500

Maximum amount

$30,000

Loan period

Continuing credit

Repayments

Monthly

Interest charges

Calculated daily, charged monthly on the portion of the overdraft used

Loan Establishment fee

Yes

Monthly service fees

No

Auto repayments

Yes

This table is provided as a guide only. Terms and conditions are available on application or request.

From
12.50%
pa

Mortgage Secured Overdraft

Use our Mortgage Secured Overdraft to cover those peak periods when unexpected bills arrive and pay a low interest rate on the amount you borrow. Access money when needed and pay a low interest rate on what you use.

  • Borrow for any purpose and have a revolving credit facility
  • Pay a low, ongoing, interest rate
  • No monthly fees

Interest rate

View our interest rates

Minimum amount

$5,000

Maximum amount

80% of the property value

Loan period

N/A

Flexible repayment options

Due monthly

Interest charges

Calculated daily, charged monthly on the portion of the overdraft used

Third party legal & valuation fees

At cost $1040 (approx)

Lump sum payments without penalty

Yes

Early termination fee

No

Redraw facility

N/A

Property valuations

Yes

Monthly service fees

No

Auto repayments

Yes

Loan establishment fee

Yes

This table is provided as a guide only. Terms and conditions are available on application or request.

From
5.60%
pa

Secured Overdraft

Look no further than our Secured Overdraft, speak to a friendly member of our staff to calculate how much you could borrow based off your current savings.

  • No monthly service fees
  • Only pay interest on the portion of the overdraft used
  • Interest calculated daily and charged monthly

Interest rate

View our interest rates

Minimum amount

$5,000

Maximum amount

Equal to the amount secured by Fixed Term Deposit (Savings)

Loan period

Continuing credit

Repayments

Weekly, fortnightly or monthly

Interest charges

Calculated daily, charged monthly on the portion of the limit used

Loan Establishment fee

Yes

Monthly service fees

No

Auto repayments

Yes

This table is provided as a guide only. Terms and conditions are available on application or request.

From
5.60%
pa

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