Overdrafts

Features - EECU

FEATURES
SECURED OVERDRAFT
UNSECURED OVERDRAFT

Minimum Amount
$10,000
$500

Maximum Amount
$100,000
$30,000

Maximum Terms
Reviewed Annually
Reviewed Annually
Security
Australian Residential Property
N/A

LVR – Sworn Valuation

- Rate Notice

80% metro, Sale & Mudgee
70% country

60% metro, Sale & Mudgee. 50% country
N/A

Repayments
$20 or 1% of outstanding
balance, whichever
is the higher.

$20 or 3% of outstanding
balance, whichever
is the higher


Frequency of repayment
Monthly –
Repayment is required prior
to the 28th day of the
following month

Monthly -
Repayment is required prior
to the 28th day of the
following month


Settlement Fee
$95 applies if
mortgage is already
in place with EECU

$600 for establishing
a new mortgage with
EECU

$95