People’s Choice Home Loans
Loan Options: What People’s Choice home loans offer
Here’s a snapshot of People’s Choice’s variable home loans currently on offer for a loan amount of $600,000 in NSW. Please note that this table is formulated based on paying both principal and interest and results are sorted by comparison rate (lowest to highest). To compare other home loans, please click here.
The inclusions below represent a selection of the features available with a standard variable rate home loan for an owner occupier. Canstar is not making any suggestion or recommendation to you about this product. Additional conditions may apply to different features. Please see our comparison tables for more detailed information about products on offer from this provider. Please ensure that you read the product disclosure statement (PDS) to determine all the current loan terms and conditions for the product you are considering.
Variable home loan features
- Offset account available on selected loan products
- Redraw facility available
- Unlimited additional repayments allowed
- Split-loan interest rate option
- Loan terms of up to 30 years (40 for first home buyers)
- Family guarantee for first home buyers
- Repayments may be made weekly, fortnightly, or monthly
What types of home loans does People’s Choice offer?
At the time of writing People’s Choice offers the following types of home loans:
- Variable rate home loan
- Fixed rate home loan
- Interest-only home loan
- Investment home loan
- Refinancing home loan
- Line of credit home loan
- Construction home loan
People’s Choice also offers a packaged home loan, which allows you to bundle your home loan and bank account into one big package that gives discounts on rates and fees.
Find out about how different types of home loans work here.
See our comparison tables for details of People’s Choice home loans:
People’s Choice FAQs
Applying for a People’s Choice home loan is a simple process; just compare home loans on the Canstar website and apply online on the People’s Choice website for the loan you want by clicking ‘enquire now’.
Other methods include speaking to home loan adviser by searching for one on the People’s Choice website and by visiting a local branch. For more help with applying for a People’s Choice home loan, call them on 13 11 82.
You will need to provide some personal and financial information before your home loan can be finalised. This information will include:
- Your tax file number and a form of personal ID
- The valuation of the property
- A proof of title and a sales contract for the property
- Proof of your earnings and assets/debts
Follow our applying for a home loan checklist, and use the Canstar website to compare People’s Choice home loans with other home loans before choosing a product that suits your needs:
Yes, People’s Choice allows you to make unlimited extra repayments on their variable interest home loans. Terms and conditions apply.
Find out how making extra repayments could save money in interest over the life of your loan in this article or use our Extra Repayments Calculator for yourself:
Yes, People’s Choice’s variable rate home loans offer a redraw facility. The use of this redraw facility online is free and $40 at a physical branch, while the minimum redraw amount is $1,000.
Fees and charges may apply to use of a redraw facility; contact your lender for details or learn more about redraw facilities here.
If you’re in the market for a home loan, compare your home loan options with Canstar:
People’s Choice (formerly People’s Choice Credit Union) was founded in 1949. It is a 100% member-owned credit union.