NOTE: All loans are subject to The Mutual Bank’s lending guidelines. Full details of Terms and Conditions are available on application. Fees and charges may apply.
1 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.
2 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.
3 On expiry of the Package Home Loan Fixed rate period the rate will revert to your prevailing Owner Occupied Package Home Loan Variable Rate.
4 On expiry of the Fixed Rate period the rate will revert to the prevailing Variable Rate for Owner Occupied Premium Home Loans.
5 No minimum repayments are required providing debt remains within approved limit.
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. Interest rates and credit fees and charges may change without notice. Please review ourProduct Disclosure Statement, Financial Services Guide and Credit Guide before acquiring the product.
Maitland Mutual Limited trading as The Mutual Bank ABN 94 087 651 983 AFSL/Australian Credit Licence 238139