A stronger start to your home loan
Whether you’re a first home buyer or looking to refinance a home loan, we’re here to give you a stronger start. As a customer-owned bank, we put Members first, reinvesting profits into better products and support for the health and education communities.
A head-turning home loan rate
Plus, get personalised support from a home loan specialist who works around your schedule.
Basic Home Loan
Protect your home
We’re proud to be one of the participating lenders of the Australian Government 5% Deposit Scheme. This Scheme helps first home buyers who have saved a minimum 5% deposit to enter the property market. No income caps, no waitlists and no Lenders Mortgage Insurance (LMI) means lower upfront costs and could own your first home sooner.
Our First Home Buyer Checklist is designed as practical home buying assistance for teachers and nurses, helping you understand what to do and when – without the overwhelm.
Whether you’re saving for a deposit, exploring government schemes, or getting ready to apply for a mortgage, this checklist guides every first home buyer through the key steps with clarity and confidence.
Home loan calculators
From understanding mortgage interest rate to running a home loan rates comparison, these tools give you clarity before you commit.
Loan comparison calculator
Compare two loans side by side and see which one could save you more.
Borrowing power calculator
Work out how much you can expect to borrow based on your current salary and financial commitments.
Home repayments calculator
Work out what your minimum home loan repayments may be and see how you can pay off your loan faster.
Stamp duty calculator
Determine the associated costs of buying a property, such as stamp duty and Government fees, specific to your state or territory.
Basic Home Loan
* Interest rates apply to new home loan only.
1. Comparison rate calculated on a secured loan amount of $150,000 for a term of 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate. Comparison rates for variable Interest Only loans are based on an initial 5-year Interest Only period. Comparison rates for fixed Interest Only loans are based on an initial Interest Only period equal in length to the fixed period. During an Interest Only period, your interest only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan. Fees and charges apply. Terms and conditions available upon request.
2. Interest Rates effective 22 January 2026.
Interest is calculated daily. Interest rates are per annum, current at the time of printing and are subject to change without notice.
**Insurance
3. Insurance is issued by Insurance Australia Limited ABN 11 000 016 722, AFSL 227681 under the CGU brand, as the insurer. In arranging this insurance, Victoria Teachers Limited ABN 44 087 651 769 AFSL 240960 trading as Bank First (Bank First), acts under its own AFSL and under an agreement with CGU, not as your agent. Bank First does not guarantee, warrant or otherwise support a CGU Insurance policy. Bank First receives commission on the sale of these insurance products as a percentage of the premium price for each policy of up to 25%. Please refer to Bank First's Financial Services Guide (FSG) for details of these commissions.
4. Insurance is subject to CGU’s standard underwriting criteria and policy terms and conditions apply.
5. Any advice is general only. This information does not take into consideration your objectives, financial situation or needs. Therefore, you should firstly consider the appropriateness of this information and refer to the relevant Product Disclosure Statement (PDS) and Target Market Determination (TMD).
6. For full terms and conditions, please download the relevant PDS below:
Car Product Disclosure Statement (PDS)
Travel Product Disclosure Statement (PDS)
Home Insurance Product Disclosure Statement (PDS)
Landlord Product Disclosure Statement (PDS)
Motorcycle Product Disclosure Statement (PDS)
Caravan Product Disclosure Statement (PDS)
Boat Product Disclosure Statement (PDS)
6. To obtain a Product Disclosure Statement, Target Market Determination or Key Fact Sheet for CGU insurance policy that was issued before 27 May 2025, please contact CGU directly on 1300 943 690.