95% Standard Variable 95% Standard Variable

  • 5.45%
    p.a Standard Variable
  • 5.47%
    p.a Comparison**
  • $600
    Upfront fees
  • $0
    Annual fees
  • 95%
    Max LVR
  • $2,139
    Per Month*

About Circle Credit Co-operative

Circle’s history can be traced back to the 18th September 1963 when the ICI Employees (Vic) Credit Co-op Limited was incorporated. For nearly 50 years Circle has steadily grown and now assists 5,000 members from across Australia. Whilst predominantly sourcing members from within the chemical industry, Circle welcomes enquiries from any Australian resident. Circle’s Mission is – “Building better banking around YOU”. A co-operative is an organisation set up by, owned and operated for the benefit of its members. In Circle’s case, all members have one share and an equal voice. Our profits are returned to members by way of low fees and attractive interest rates. Co-operatives offer a real alternative to traditional corporate structures and focus on the needs of its members (its customers) and not external shareholders.

Standard Variable

Repayments calculated to take into account ongoing monthly and anual fees.

Monthly repayment*
rate per annum

Loan to Value Ratio

Borrow up to the maxium of 95% of the value of the property.

Lenders Mortgage Insurance, or LMI, will be payable on most loans where the borrowings are greater than 80% of the value of the property.

However, you may be able to capitalise LMI into your loan, increasing the overall loan amount by about 2% (in order to cover the cost of the insurance). Contact a loan market broker to find out how LVR and LMI might impact the cost of your loan repayments.

Capitalise LMI


For Line of Credit, Construction, Equity, Investment, and Owner Occupied in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.

0 - 30 years


The level of financial documentaion and credit history required to apply for the loan.

Full Doc
Credit History
Genuine Saving

Redraw Facility

Get quick access to cash by drawing on the loan to pay for renovations or other purchases.

Redraw Facility
Min Redraw
Redraw fee

Banking Features

Given the wide range of loans on offer – with different interest rates, product features and fees – it pays to shop around to find the loan that fits your needs and circumstances. Some loans offer features that may be appropriate for your situation and result in savings over the life of the loan.

Some features you may wish to consider include:

  • an offset account;
  • ability to make extra repayments;
  • a redraw facility; and
  • linked credit card and savings accounts;
  • ability to split your loan between fixed and variable interest rates
Offset Account
Redraw Available
Internet Banking
Telephone Banking
Credit Card
BPay Option
Portability of Loan
Professional Pack
Check Account
Direct Salary Credit
Free Transactions
Minimum Redraw
Redraw Fee


You can make your repayments Monthly.

Interest Only Option
Max Interest Only
5 years

Upfront Fees

Upfront fess associated with estabilishing the loan. Other loan set-up fees, such as valuation fees and lender's mortgage insurance, and Government charges, such as registration fees and stamp duty on property transfer, have not been included. These will be determined after application.


Ongoing Fees

Monthly and annual fees and charges during the loan period.


Exit Fees

Fees associated with prematurely ending the loan.

Early Repayment
Switch To Fixed


Standard residential first mortgage security. Credit Card up to $15,000 available to approved clients. Discounted Insurance available. Purchase, Refinance and Construction. Free online account Management – unlimited transactions. Redraw – free over internet and unlimited Additional payments at any time. Repayments – Principle & Interest & Interest Only up to 5 Years. The above information is intended as a guide only. Full terms and conditions are outlined in the Formal Loan Agreement. Establishment, valuation, legal and lenders mortgage insurance costs will vary depending on the loan amount and structure of transaction requested. For further details contact your relationship manager. Applicants are responsible for all government fees, stamp duties, and disbursements. Terms and conditions relating to credit approval apply. Conditions Apply

LVR Notes

LMI premium can be capped up to 95%. Refinance up to 90%. Cash Out up to 90%.


3 months Savings history. 5% genuine Savings required.

Fee Notes

Redraw Free over internet only. Establishment, valuation, legal and LMI costs will vary depending on the loan amount and structure of transaction requested. Applicants are responsible for all government fees, stamp duties, and disbursements.

*Monthly Repayments

Monthly repayments are calculated to take into account the loan amount, repayment term and ongoing fees and charges over the life of the loan.

  • Variable rate loans show the monthly repayments at the current rate.
  • Fixed rate loans show the monthly repayment during the fixed period only.
  • Monthly repayment calculations are an approximate guide only. Speak to a LoanMarket Mortgage broker to understand the exact cost of a loan given your particular circumstances.

**Comparison Rates

A comparison rate is a tool to help consumers identify the true cost of a loan. It factors in the interest rate, loan amount, repayment term and ongoing fees and charges and displays this as a single percentage rate that can be used to compare various loans from different lenders.

Monthly Repayment and Comparison Rate* calculations do not include:

  • The use of account features such as early repayments and offset accounts which vary widely among loans and can reduce the cost of a loan significantly.
  • Cost savings such as fee waivers or special rate discounts.
  • Fees and charges associated with loan options or events that may or may not be used by the borrower, such as early repayment or redraw fees
  • Lenders Mortgage Insurance (LMI) which may be required to secure the loan and can increase the cost of the loan.
  • Government charges such as stamp duty or mortgage registration fees.
  • Fees and charges which aren’t available at the time the comparison rate is provided