Loan Transaction Accounts

A Loan Transaction Account is a unique type of Principal & Interest reducible loan that combines your Savings and Loans into one account. The key features of this type of account include:

• Cost savings of running only one account.
• Direct Salary Crediting.
• A means to save thousands of dollars in home loan interest.
• The flexibility and convenience to pay extra and redraw at any time.

You arrange for your salary and all other income to be directly deposited to your Loan Transaction Account.

You have access to those funds just as you would with your existing cheque or savings account, ie. ATM Card, Cheque Book, Bpay, Phone Banking, or the Internet.

What you don't spend reduces your Home Loan balance and can save you thousands of dollars in interest over the life of your loan.

Contact us today for more information on Loan Transaction Accounts