Home Loan Interest Rates

Footnotes:

• ¹ The interest rate on the First Home Buyer Package Home Loan is available for eligible first home buyers only. Applying for an First Home Buyer Package Home Loan with principal and interest repayments, a minimum balance of $150,000.00 and the loan security Loan to Value Ratio (LVR) of less than 100% as approved by The Mutual Bank.
• ² Comparison rate is based on a loan of $150,000 over 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.
• ³ The Discounted Variable Rate Home Loan interest rate on the Owner Occupied Package Home Loan Variable Rate Home Loan is available for new borrowers applying for Owner Occupied Package Home Loan Variable Rate Home Loan with principal and interest repayments, a minimum balance of $150,000 and the loan security Loan to Value Ratio (LVR) of less than 90% as approved by The Mutual Bank. The Discounted Variable Rate Home Loan interest rate reverts to the Owner Occupied Package Home Loan Variable Rate Home Loan interest rate at the end of the 12 month discount period.
• ⁴ Rate available for new owner-occupied loans to the Mutual Bank with minimum new loan amount of $150,000. Annual Package fee of $395 payable. On expiry of the Package Home Loan Fixed rate period the rate will revert to the Owner Occupied Package Home Loan Variable Rate.
• ⁵ Each of the above comparison rates is calculated on the basis that the loan is secured with repayments made at monthly intervals. Comparison rate calculated on the loan amount of $150,000 for 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. NOTE: All loans are subject to The Mutual Bank's lending guidelines. Full details of Terms and Conditions are available on application. Eligibility criteria, conditions, fees and charges apply to all loans.
• ⁶ Rate includes a discount margin off the Owner-Occupied Budget Home Loan Variable Rate. Margin subject to change until loan contract is issued. Lending criteria, T&Cs, fees and charges apply. Rate only available for new owner-occupied loans to The Mutual Bank with minimum new loan amount of $100,000.
• ⁷ On expiry of the Fixed Rate period the rate will revert to the prevailing Variable Rate for Owner Occupied Premium Home Loans.
• ⁸ No minimum repayments are required providing debt remains within approved limit.