Endeavour Mutual Bank home loan repayment calculator

Thinking about taking out a home loan with Endeavour Mutual Bank? Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how Endeavour Mutual Bank home loans compare with other options.

I am an

With a repayment type

Borrow amount

$

Deposit amount %

Loan term

Your estimated mortgage repayments

at interest rate 5.00%

Total interest payable

$0

Total loan repayments

$0

Pros and cons

  • Flexible loan features.
  • Broad range of home loans.
  • No ongoing fees on most loans.
  • Online home loan application.
  • Must be a member.
  • Limited home loan products from which to choose.
  • Limited branch access.

Endeavour Mutual Bank home loans rates

Product
Advertised Rate

2.34%

Fixed - 5 years

Total estimated upfront fees
$586
Comparison Rate*

2.78%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

1.98%

Fixed - 3 years

Total estimated upfront fees
$286
Comparison Rate*

2.79%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

2.04%

Fixed - 3 years

Total estimated upfront fees
$586
Comparison Rate*

2.80%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Advertised Rate

1.89%

Fixed - 2 years

Total estimated upfront fees
$250
Comparison Rate*

2.82%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

1.98%

Fixed - 2 years

Total estimated upfront fees
$286
Comparison Rate*

2.86%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

2.09%

Fixed - 2 years

Total estimated upfront fees
$586
Comparison Rate*

2.88%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Advertised Rate

2.87%

Variable

Total estimated upfront fees
$286
Comparison Rate*

2.90%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Advertised Rate

2.87%

Variable

Total estimated upfront fees
$536
Comparison Rate*

2.93%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Advertised Rate

2.87%

Variable

Total estimated upfront fees
$536
Comparison Rate*

2.93%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

2.09%

Fixed - 1 year

Total estimated upfront fees
$286
Comparison Rate*

2.95%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Advertised Rate

2.97%

Variable

Total estimated upfront fees
$586
Comparison Rate*

3.00%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Advertised Rate

2.97%

Variable

Total estimated upfront fees
$536
Comparison Rate*

3.03%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Advertised Rate

2.97%

Variable

Total estimated upfront fees
$536
Comparison Rate*

3.03%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

2.59%

Fixed - 5 years

Total estimated upfront fees
$286
Comparison Rate*

3.18%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

2.23%

Fixed - 3 years

Total estimated upfront fees
$286
Comparison Rate*

3.22%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

2.29%

Fixed - 3 years

Total estimated upfront fees
$286
Comparison Rate*

3.23%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Advertised Rate

2.53%

Fixed - 3 years

Total estimated upfront fees
$250
Comparison Rate*

3.29%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

2.23%

Fixed - 2 years

Total estimated upfront fees
$286
Comparison Rate*

3.32%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

2.34%

Fixed - 2 years

Total estimated upfront fees
$286
Comparison Rate*

3.34%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Advertised Rate

2.53%

Fixed - 2 years

Total estimated upfront fees
$250
Comparison Rate*

3.37%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

2.79%

Fixed - 5 years

Total estimated upfront fees
$286
Comparison Rate*

3.40%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

2.43%

Fixed - 3 years

Total estimated upfront fees
$286
Comparison Rate*

3.42%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

2.34%

Fixed - 1 year

Total estimated upfront fees
$286
Comparison Rate*

3.43%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

2.49%

Fixed - 3 years

Total estimated upfront fees
$286
Comparison Rate*

3.43%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Advertised Rate

2.73%

Fixed - 3 years

Total estimated upfront fees
$250
Comparison Rate*

3.47%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

2.43%

Fixed - 2 years

Total estimated upfront fees
$286
Comparison Rate*

3.48%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

2.54%

Fixed - 2 years

Total estimated upfront fees
$286
Comparison Rate*

3.49%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Advertised Rate

2.73%

Fixed - 2 years

Total estimated upfront fees
$250
Comparison Rate*

3.51%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Advertised Rate

3.47%

Variable

Total estimated upfront fees
$536
Comparison Rate*

3.53%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Product
Advertised Rate

2.54%

Fixed - 1 year

Total estimated upfront fees
$286
Comparison Rate*

3.55%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Advertised Rate

3.57%

Variable

Total estimated upfront fees
$536
Comparison Rate*

3.61%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details
Advertised Rate

4.10%

Variable

Total estimated upfront fees
$586
Comparison Rate*

4.14%

Ongoing fee
$0
Go to site
Company
Endeavour Mutual Bank
More details

Endeavour Mutual Bank customer service

Endeavour Mutual Bank has branches in Sydney, Newcastle and Gosford. Members can also call the service centre for personal service or also access accounts immediately via a national network of ATMs, as well as internet and telephone banking facilities 24/7.

  • Customer service centre 24 hours (phone)
  • Online banking
  • Mobile app
  • Email inquiries
  • NSW branch network

How to Apply

You can join the mutual bank as part of the process of applying for a loan, or join independently by paying a member shareholder contribution. You will need to provide and verify identification documents to support your application. Documents you will need include:

  • Personal identification material.
  • Proof of income – whether you are self-employed or work for an employer.
  • Proof of other income, including rental income.
  • Information regarding your current debts, liabilities and assets.

Learn more about Endeavour Mutual Bank

How do I apply for a home loan pre-approval from Commonwealth Bank?

To apply for a Commbank home loan pre-approval, you can either call the bank at 13 2224 or meet one of the bank’s lending specialists. You can set up a meeting online if you wish. You’ll need to do some homework before contacting the bank, such as gathering information on the kind of properties you’d like to buy and their prices.

Preparing a financial summary, which lists all your income sources as well as significant expenses, can also help determine how much you can afford to borrow. You may also want to check your credit score before applying for pre-approval.

It’s worth remembering that a CBA home loan pre-approval doesn’t guarantee that you’ll get the loan. Once you get the pre-approval, you’ll have about three to six months to decide on a property and apply for the home loan. The bank will then confirm that the property is suitable for the loan before fully approving it.

Do the big four banks have guarantor home loans?

Yes, ANZ, Commonwealth Bank, NAB and Westpac all offer guarantor home loans. These mortgages are also offered by many other banks, credit unions and building societies.

Interest Rate

Your current home loan interest rate. To accurately calculate how much you could save, an accurate interest figure is required. If you are not certain, check your bank statement or log into your mortgage account.

How can I get ANZ home loan pre-approval?

Shopping for a new home is an exciting experience and getting a pre-approval on the loan may give you the peace of mind that you are looking at properties within your budget. 

At the time of applying for the ANZ Bank home loan pre-approval, you will be required to provide proof of employment and income, along with records of your savings and debts.

An ANZ home loan pre-approval time frame is usually up to three months. However, being pre-approved doesn’t necessarily mean you will get your home loan. Other factors could lead to your home loan application being rejected, even with a prior pre-approval. Some factors include the property evaluation not meeting the bank’s criteria or a change in your financial circumstances.

You can make an application for ANZ home loan pre-approval online or call on 1800100641 Mon-Fri 8.00 am to 8.00 pm (AEST).

Savings over

Select a number of years to see how much money you can save with different home loans over time.

e.g. To see how much you could save in two years by switching mortgages,  set the slider to 2.

Remaining loan term

The length of time it will take to pay off your current home loan, based on the currently-entered mortgage balance, monthly repayment and interest rate.

Who offers 40 year mortgages?

Home loans spanning 40 years are offered by select lenders, though the loan period is much longer than a standard 30-year home loan. You're more likely to find a maximum of 35 years, such as is the case with Teacher’s Mutual Bank

Currently, 40 year home loan lenders in Australia include AlphaBeta Money, BCU, G&C Mutual Bank, Pepper, and Sydney Mutual Bank.

Even though these lengthier loans 35 to 40 year loans do exist on the market, they are not overwhelmingly popular, as the extra interest you pay compared to a 30-year loan can be over $100,000 or more.

Monthly Repayment

Your current monthly home loan repayment. To accurately calculate how much you could save, an accurate payment figure is required. If you are not certain, check your bank statement.

How long does NAB home loan approval take?

The time required to get your home loan from NAB approved can vary based on a number of factors involved in the application process. 

Once you have applied for a home loan, a NAB specialist will contact you within 24 hours over the phone to take down relevant information, including your total income, debts (existing loans, credit cards, etc.), assets (car, shares, etc.), and your monthly expenses (food, utility bills, etc.). Your lender might also ask for information related to the property you want to purchase, including the type of dwelling and preferred postcode.

NAB will then verify all your information and check your credit score, and if the details stack up, you should be given a conditional approval certificate. This certificate stipulates how much money NAB is willing to lend you and is typically valid for 90 days. 

Once you have your conditional approval, you can start browsing for properties that you like and that fit within the budget that NAB has provided. After you find a suitable property, you’ll need to give a copy of the signed deed to NAB, following which you should get full approval and access to the funds. This process can take up to 4-6 weeks. 

Can I take a personal loan after a home loan?

Are you struggling to pay the deposit for your dream home? A personal loan can help you pay the deposit. The question that may arise in your mind is can I take a home loan after a personal loan, or can you take a personal loan at the same time as a home loan, as it is. The answer is that, yes, provided you can meet the general eligibility criteria for both a personal loan and a home loan, your application should be approved. Those eligibility criteria may include:

  • Higher-income to show repayment capability for both the loans
  • Clear credit history with no delays in bill payments or defaults on debts
  • Zero or minimal current outstanding debt
  • Some amount of savings
  • Proven rent history will be positively perceived by the lenders

A personal loan after or during a home loan may impact serviceability, however, as the numbers can seriously add up. Every loan you avail of increases your monthly installments and the amount you use to repay the personal loan will be considered to lower the money available for the repayment of your home loan.

As to whether you can get a personal loan after your home loan, the answer is a very likely "yes", though it does come with a caveat: as long as you can show sufficient income to repay both the loans on time, you should be able to get that personal loan approved. A personal loan can also help to improve your credit score showing financial discipline and responsibility, which may benefit you with more favorable terms for your home loan.

How to break up with your mortgage broker

If you find a mortgage broker giving you generic advice or trying to sell you a competitive offer from an unsuitable lender, you might be better off  breaking up with the mortgage broker and consulting someone else. Breaking up with a mortgage broker can be done over the phone, or via email. You can also raise a complaint, either with the broker’s aggregator or with the Australian Financial Complaints Authority as necessary.

As licensed industry professionals, mortgage brokers have the responsibility of giving you accurate advice so that you know what to expect when you apply for a home loan. You may have approached the mortgage broker, for instance, because you have questions about the terms of a home loan a lender offered you. 

You should remember that mortgage brokers are obliged by law to act in your best interests and as part of complying with The Australian Securities and Investments Commission’s (ASIC) regulations. If you feel you didn’t get the right advice from the mortgage broker, or that you lost money as a result of accepting the broker’s suggestions regarding a lender or home loan offer, you can file a complaint with the ASIC and seek compensation. 

When you first speak to a mortgage broker, consider asking them about their Lender Panel, which is the list of lenders they usually recommend and who may pay them a commission. This information can help you decide if the advice they give you has anything to do with the remuneration they may receive from one or more lenders.

How much deposit do I need for a home loan from NAB?

The right deposit size to get a home loan with an Australian lender will depend on the lender’s eligibility criteria and the value of your property.

Generally, lenders look favourably on applicants who save up a 20 per cent deposit for their property This also means applicants do not have to pay Lenders Mortgage Insurance (LMI). However, you may still be able to obtain a mortgage with a 10 - 15 per cent deposit.  

Keep in mind that NAB is one of the participating lenders for the First Home Loan Deposit Scheme, which allows eligible borrowers to buy a property with as low as a 5 per cent deposit without paying the LMI. The Federal Government guarantees up to 15 per cent of the deposit to help first-timers to become homeowners.

Do mortgage brokers need a consumer credit license?

In Australia, mortgage brokers are defined by law as being credit service or assistance providers, meaning that they help borrowers connect with lenders. Mortgage brokers may not always need a consumer credit license however if they’re operating solo they will need an Australian Credit License (ACL). Further, they may also need to comply with requirements asking them to mention their license number in full.

Some mortgage brokers can be “credit representatives”, or franchisees of a mortgage aggregator. In this case, if the aggregator has a license, the mortgage broker need not have one. The reasoning for this is that the franchise agreement usually requires mortgage brokers to comply with the laws applicable to the aggregator. If you’re speaking to a mortgage broker, you can ask them if they receive commissions from lenders, which is a good indicator that they need to be licensed. Consider requesting their license details if they don’t give you the details beforehand. 

You should remember that such a license protects you if you’re given incorrect or misleading advice that results in a home loan application rejection or any financial loss. Brokers are regulated by the Australian Securities & Investment Commission (ASIC), as per the National Consumer Credit Protection (NCCP) Act. 

What are the responsibilities of a mortgage broker?

Mortgage brokers act as the go-between for borrowers looking for a home loan and the lenders offering the loan. They offer personalised advice to help borrowers choose the right home loan for their needs.

In Australia, mortgage brokers are required by law to carry an Australian Credit License (ACL) if they offer credit assistance services. Which is the legal term for guidance regarding the different kinds of credit offered by lenders, including home loan mortgages. They may not need this license if they are working for an aggregator, for instance, as a franchisee. In both these situations, they need to comply with the regulations laid down by the Australian Securities and Investments Commission (ASIC).

These regulations, which are stipulated by Australian legislation, require mortgage brokers to comply with what are called “responsible lending” and “best interest” obligations. Responsible lending obligations mean brokers have to suggest “suitable” home loans. This means loans that you can easily qualify for,  actually meet your needs, and don’t prove unnecessarily challenging for you.

Starting 1 January 2021, mortgage brokers must comply with best interest obligations in addition to responsible lending obligations. These require mortgage brokers to act in the best interest of their customers and also requires them to prioritise their customers’ interests over their own. For instance, a mortgage broker may not recommend a lender who gives them a commission if that lender’s home loan offer does not benefit that particular customer.

How often is your data updated?

We work closely with lenders to get updates as quick as possible, with updates made the same day wherever possible.