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Product Summary Style

Mutual Home Loan

Looking for a best value home loan to get into the property market? Our Owner Occupied Mutual Home Loan offers a low ongoing variable interest rate with features you’re looking for including a Loan Saver Account.

  • 7.78 % p.a.
    Interest rate
  • 0.00 % p.a.
    Comparison rate
Enquire now Learn more
Features

Product Summary Style Excluding Rates

Mutual Home Loan

Looking for a best value home loan to get into the property market? Our Owner Occupied Mutual Home Loan offers a low ongoing variable interest rate with features you’re looking for including a Loan Saver Account.

  • 7.78 % p.a.
    Interest rate
  • 0.00 % p.a.
    Comparison rate
Enquire now Learn more
Features

Featured Product Summary Box

Mutual Home Loan

Looking for a best value home loan to get into the property market? Our Owner Occupied Mutual Home Loan offers a low ongoing variable interest rate with features you’re looking for including a Loan Saver Account.

  • Loan Saver Account
  • Split Loan available
  • Mutual Visa Credit Card no annual fee
  • 7.78 % p.a.
    Interest rate
  • 0.00 % p.a.
    Comparison rate
Enquire now Learn more

Featured Product Summary Box excluding rates

(Optional App style)

Mutual Home Loan

Looking for a best value home loan to get into the property market? Our Owner Occupied Mutual Home Loan offers a low ongoing variable interest rate with features you’re looking for including a Loan Saver Account.

  • Loan Saver Account
  • Split Loan available
  • Mutual Visa Credit Card no annual fee
  • 7.78 % p.a.
    Interest rate
  • 0.00 % p.a.
    Comparison rate
Enquire now Learn more

 

  Interest rate (number only) Comparison Rate (number only)
The Mutual Home Loan 7.78% p.a. 0.00% p.a.

 

Interest Rate (number only styled)

7.78 % p.a.

Comparison Rate (number only styled)

0.00 % p.a.

 

Interest & Comparison Rate with descriptive text

6.73 % p.a. Interest rate 6.73 % p.a. Comparison rate

 

Interest & Comparison Rate with descriptive text - variant 

5.54 % p.a. Interest rate 7.53 % p.a. Comparison rate

Rate variant dropdown

 

Product Features

Product Features:

Personal Loans
Minimum amount : $5,000
Maximum amount : $100,000
Loan period : Up to 7 years
Repayments : Weekly, fortnightly or monthly fixed repayments
Interest charges : Calculated daily, charged monthly
Redraw : Minimum redraw $1,000 - online or staff assisted
Security : Loan secured by residential property, a Term Deposit with The Mutual Bank or other acceptable security.
  • 1 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.
  • 2 Rate only available for new investment loans to The Mutual Bank with minimum new loan amount of $100,000.
  • 3

    Rate only available for new loans with a minimum loan amount of $150,000, for the relevant fixed period and product purpose. Annual Package fee of $395 payable. Offer can be withdrawn at any time. On expiry of the fixed rate period the rate will revert to the relevant Standard Home Loan Variable Rate minus the contracted margin.

  • 4 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.
  • 5

    Rates only available for new loans with a minimum loan amount of $150,000 and for the relevant product purpose. Annual Package fee of $395 payable. Offer can be withdrawn at any time.

  • 6 Access to redraw funds is subject to The Mutual Bank’s discretion and the terms of your loan agreement. If approved, any repayments made in excess of the minimum monthly required amount may be available for redraw via electronic banking or with assistance from bank staff. The minimum amount that can be redrawn is $1,000.

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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.