The Works Invest Home Loan

variable rate (P&I) home loan

Variable interest rate

3.30% p.a.

Comparison rate*

3.61% p.a.

For new investment P&I home loans $150k and over

apply now calculate repayments

what's included.

100% Offset account.

It comes with a 100% offset account with the ability to make repayments straight from your offset account.

The choice is yours.

We give you the option to make additional repayments.


Easy access to your cash with our redraw facility.


The flexibility to choose from weekly, fortnightly or monthly payment options.


It comes with an Everyday transaction1 account to make your repayments, without any monthly account keeping fees.

calculate your repayments.

Enter amount $150k and over to get started

loan amount

loan type



Variable interest rate

3.30% p.a.

Comparison rate*

3.61% p.a.
#Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. Illawarra Credit Union may not provide loans with the details indicated in the calculator. The specific details of your loan will be provided to you in your loan contract. It is advised that you consult your financial adviser before taking out a loan. Fees & charges may apply.

apply for a loan online

are you?

  • At least 18 years old
  • An Australian citizen or permanent resident.

Do you have?

  • About 20 minutes
  • Documents to prove your identity (POI)
  • Your membership number if you already bank with us.

select get started.

After you apply, one of our lenders will be in touch within 1 business day.

get started

important notes

1Home loan repayments must be direct debited from an Illawarra Credit Union transaction account. Annual fee payable yearly. Variable rate shown is for new investment loans $150,000 and over. *Comparison rates are calculated on a loan amount of $150,000 over a term of 25 years.  WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Eligibility criteria, terms & conditions, fees & charges apply. Please refer to the Credit Fees and Charges brochure. 

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