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Budget Home Loan Interest rate Comparison rate
<60% 
60% to <80%
80% to ≤95%
Budget Home Loan Interest rate Comparison rate
<60% 
60% to <80%
80% to ≤95%
Package Home Loan Interest rate Comparison rate
Principal & Interest Options  
Variable Rate - LVR <60%  6.44% p.a. 6.80% p.a.
Variable Rate - LVR 60% to <80% 6.44% p.a. 6.80% p.a.
Variable Rate - LVR 80% to ≤95% 6.44% p.a. 6.80% p.a.
1 Year Fixed Rate 5.89% p.a. 6.61% p.a.
2 Year Fixed Rate 5.89% p.a. 6.58% p.a.
3 Year Fixed Rate 5.99% p.a. 6.57% p.a.
Revert Variable 6.29% p.a. N/A
Interest Only Options  
Package Variable Rate N/A N/A
1 Year Fixed Rate N/A N/A
2 Year Fixed Rate N/A N/A
3 Year Fixed Rate N/A N/A
Revert Variable 6.29% p.a. N/A
Package Home Loan Interest rate Comparison rate
Principal & Interest Options  
Variable Rate - LVR <60%  7.09% p.a. 7.44% p.a.
Variable Rate - LVR 60% to <80% 7.09% p.a. 7.44% p.a.
Variable Rate - LVR 80% to ≤95% 7.09% p.a. 7.44% p.a.
1 Year Fixed Rate 6.04% p.a. 6.98% p.a.
2 Year Fixed Rate 6.04% p.a. 6.92% p.a.
3 Year Fixed Rate 6.14% p.a. 6.89% p.a.
Revert Variable 6.69% p.a. N/A
Interest Only Options  
Package Variable Rate 6.59% p.a. 6.93% p.a.
1 Year Fixed Rate 6.04% p.a. 6.98% p.a.
2 Year Fixed Rate 6.04% p.a. 6.91% p.a.
3 Year Fixed Rate 6.14% p.a. 6.88% p.a.
Revert Variable 6.69% p.a. N/A
Standard Home Loan Interest rate Comparison rate
Principal & Interest Options  
Variable Rate 8.38% p.a. 8.41% p.a.
1 Year Fixed Rate 5.99% p.a. 8.14% p.a.
2 Year Fixed Rate 5.99% p.a. 7.90% p.a.
3 Year Fixed Rate 6.09% p.a. 7.72% p.a.
Revert Variable 8.38% p.a. N/A
Interest Only Options  
Variable Rate N/A N/A
1 Year Fixed Rate N/A N/A
2 Year Fixed Rate N/A N/A
3 Year Fixed Rate N/A N/A
Revert Variable 8.38% p.a. N/A
Standard Home Loan Interest rate Comparison rate
Principal & Interest Options  
Variable Rate 8.78% p.a.   8.81% p.a.
1 Year Fixed Rate 6.14% p.a. 8.51% p.a.
2 Year Fixed Rate 6.14% p.a. 8.24% p.a.
3 Year Fixed Rate 6.24% p.a. 8.04% p.a.
Revert Variable 8.78% p.a. N/A
Interest Only Options  
Variable Rate 8.78% p.a. 8.81% p.a.
1 Year Fixed Rate 6.14% p.a. 8.51% p.a.
2 Year Fixed Rate 6.14% p.a. 8.25% p.a.
3 Year Fixed Rate 6.24% p.a. 8.05% p.a.
Revert Variable 8.78% p.a. N/A
  • 1

    Rate includes a discount margin off the applicable Reference Rate. This rate is available for new loans only and is only available on the relevant product, minimum loan amount, purpose and LVR. Offers may be withdrawn at any time.

  • 2 Comparison rate 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. For variable rate interest-only loans, the comparison rate calculation is based on an initial 5-year interest-only term. For fixed rate interest-only loans, the comparison rate calculations are based on an initial interest-only term equal to the fixed rate term.
  • 3

    At the end of your fixed period, your loan will move to the applicable variable revert rate for your product. This revert rate is calculated as the reference rate minus a margin, as set out in your loan contract. Revert rates apply only to existing loans and are not available for new lending.

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Any advice or information on this site does not take into account your personal objectives, financial situation, or needs and you should consider whether it is appropriate for you. Please review our Product Disclosure Statement, Target Market Determinations, Terms and Conditions, Financial Services Guide, and Credit Guide before deciding to acquire a product.

Eligibility and lending criteria, conditions, fees, and charges apply to all loans. Interest rates, fees, and charges may change without notice. Information is current as at date of appearance and is subject to change. We use reasonable efforts to provide accurate and up to date information. However, mistakes may still occur from time to time, and we cannot guarantee that this website is free from any errors, inaccuracies or omissions. Maitland Mutual Limited trading as The Mutual Bank ABN 94 087 651 983 AFSL/Australian credit licence 238139.

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We acknowledge the Traditional Owners of the lands on which we operate and pay our respects to Elders past and present, and to emerging community leaders. We also acknowledge the important role Aboriginal and Torres Strait Islander peoples continue to play within the communities in which The Mutual Bank operates and where our team members reside.