Firefighters Mutual Bank home loan repayment calculator

Thinking about taking out a home loan with Firefighters 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 Firefighters 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 2.55%

Total interest payable

$0

Total loan repayments

$0

Firefighters Mutual Bank home loans rates

Advertised Rate

2.55%

Intro 12 months

Total estimated upfront fees
$930
Comparison Rate*

3.04%

Ongoing fee
$0
Go to site
More details
Advertised Rate

3.02%

Variable

Total estimated upfront fees
$930
Comparison Rate*

3.06%

Ongoing fee
$300 annually
Go to site
More details
Advertised Rate

3.04%

Variable

Total estimated upfront fees
$930
Comparison Rate*

3.08%

Ongoing fee
$0
Go to site
More details
Advertised Rate

3.07%

Variable

Total estimated upfront fees
$930
Comparison Rate*

3.11%

Ongoing fee
$300 annually
Go to site
More details
Advertised Rate

3.17%

Variable

Total estimated upfront fees
$930
Comparison Rate*

3.11%

Ongoing fee
$300 annually
Go to site
More details
Advertised Rate

3.22%

Variable

Total estimated upfront fees
$930
Comparison Rate*

3.16%

Ongoing fee
$300 annually
Go to site
More details
Advertised Rate

3.19%

Variable

Total estimated upfront fees
$930
Comparison Rate*

3.23%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.25%

Fixed - 5 years

Total estimated upfront fees
$930
Comparison Rate*

3.56%

Ongoing fee
$0
Go to site
More details
Advertised Rate

1.95%

Fixed - 4 years

Total estimated upfront fees
$930
Comparison Rate*

3.61%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.55%

Fixed - 5 years

Total estimated upfront fees
$930
Comparison Rate*

3.68%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.25%

Fixed - 4 years

Total estimated upfront fees
$930
Comparison Rate*

3.71%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.55%

Fixed - 5 years

Total estimated upfront fees
$930
Comparison Rate*

3.71%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.25%

Fixed - 4 years

Total estimated upfront fees
$930
Comparison Rate*

3.74%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.70%

Fixed - 5 years

Total estimated upfront fees
$930
Comparison Rate*

3.77%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.40%

Fixed - 4 years

Total estimated upfront fees
$930
Comparison Rate*

3.78%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.05%

Fixed - 3 years

Total estimated upfront fees
$930
Comparison Rate*

3.81%

Ongoing fee
$0
Go to site
More details
Advertised Rate

3.83%

Variable

Total estimated upfront fees
$930
Comparison Rate*

3.87%

Ongoing fee
$300 annually
Go to site
More details
Advertised Rate

2.35%

Fixed - 3 years

Total estimated upfront fees
$930
Comparison Rate*

3.89%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.35%

Fixed - 3 years

Total estimated upfront fees
$930
Comparison Rate*

3.90%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.50%

Fixed - 3 years

Total estimated upfront fees
$930
Comparison Rate*

3.94%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.05%

Fixed - 2 years

Total estimated upfront fees
$930
Comparison Rate*

4.00%

Ongoing fee
$0
Go to site
More details
Advertised Rate

4.28%

Variable

Total estimated upfront fees
$930
Comparison Rate*

4.04%

Ongoing fee
$300 annually
Go to site
More details
Advertised Rate

2.35%

Fixed - 2 years

Total estimated upfront fees
$930
Comparison Rate*

4.05%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.35%

Fixed - 2 years

Total estimated upfront fees
$930
Comparison Rate*

4.06%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.50%

Fixed - 2 years

Total estimated upfront fees
$930
Comparison Rate*

4.08%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.05%

Fixed - 1 year

Total estimated upfront fees
$930
Comparison Rate*

4.19%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.35%

Fixed - 1 year

Total estimated upfront fees
$930
Comparison Rate*

4.22%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.35%

Fixed - 1 year

Total estimated upfront fees
$930
Comparison Rate*

4.22%

Ongoing fee
$0
Go to site
More details
Advertised Rate

2.50%

Fixed - 1 year

Total estimated upfront fees
$930
Comparison Rate*

4.24%

Ongoing fee
$0
Go to site
More details
Advertised Rate

4.24%

Variable

Total estimated upfront fees
$930
Comparison Rate*

4.28%

Ongoing fee
$300 annually
Go to site
More details
Advertised Rate

4.28%

Variable

Total estimated upfront fees
$930
Comparison Rate*

4.29%

Ongoing fee
$300 annually
Go to site
More details
Advertised Rate

4.16%

Variable

Total estimated upfront fees
$0
Comparison Rate*

4.41%

Ongoing fee
$0
Go to site
More details
Advertised Rate

4.16%

Variable

Total estimated upfront fees
$0
Comparison Rate*

4.41%

Ongoing fee
$0
Go to site
More details
Advertised Rate

4.37%

Variable

Total estimated upfront fees
$930
Comparison Rate*

4.41%

Ongoing fee
$0
Go to site
More details
Advertised Rate

4.37%

Variable

Total estimated upfront fees
$930
Comparison Rate*

4.41%

Ongoing fee
$0
Go to site
More details
Advertised Rate

4.52%

Variable

Total estimated upfront fees
$930
Comparison Rate*

4.47%

Ongoing fee
$0
Go to site
More details
Advertised Rate

4.52%

Variable

Total estimated upfront fees
$930
Comparison Rate*

4.47%

Ongoing fee
$0
Go to site
More details

Learn more about home loans

Can I get a NAB home loan on casual employment?

While many lenders consider casual employees as high-risk borrowers because of their fluctuating incomes, there are a few specialist lenders, such as NAB, which may provide home loans to individuals employed on a casual basis. A NAB home loan for casual employment is essentially a low doc home loan specifically designed to help casually employed individuals who may be unable to provide standard financial documents. However, since such loans are deemed high risk compared to regular home loans, you could be charged higher rates and receive lower maximum LVRs (Loan to Value Ratio, which is the loan amount you can borrow against the value of the property).

While applying for a home loan as a casual employee, you will likely be asked to demonstrate that you've been working steadily and might need to provide group certificates for the last two years. It is at the lender’s discretion to pick either of the two group certificates and consider that to be your income. If you’ve not had the same job for several years, providing proof of income could be a bit of a challenge for you. In this scenario, some lenders may rely on your year to date (YTD) income, and instead calculate your yearly income from that.

What are the NAB term deposit interest rates for businesses?

If you’re looking to lock in a return on your business savings, one option is a business term deposit with NAB. The big four bank provides competitive interest rates while giving you the flexibility to choose the term. NAB offers business term deposit interest rates for investments of between $5,000 to $499,999.

NAB doesn’t charge any monthly account or application fees. The interest is calculated daily and for the 90-day term and six months term, you will get paid when the deposit matures. For the 12 months term, you can either choose to get paid monthly, quarterly, half-yearly or annually. 

If you wish to withdraw your funds before the deposit matures, you need to give NAB 31 days notice. However, they do make exceptions if you’re experiencing hardship and need the funds immediately. Either way, you may have to bear the prepayment cost, which you can learn more about in the Terms and Conditions.

Can I get a NAB first home loan?

The First Home Loan Deposit Scheme of NAB helps first home buyers purchase a property sooner by reducing the upfront costs required. This scheme is offered based on a Government-backed initiative, with10,000 available places announced in October 2020.

Suppose your application for the NAB first home buyer loan is successful. In that case, you’ll only need to pay a low deposit, between 5 and 20 per cent of the property value and won’t be asked to pay lender's mortgage insurance (LMI). You’ll also receive a limited guarantee from the Australian government to purchase the property.

If you’re applying for the NAB first home buyer home loan as an individual, you need to have earned less than $125,000 in the last financial year. Couples applying for the NAB first home loan need to have earned less than $200,000 to be eligible. To be considered a couple, you need to be married or in a de facto relationship. A parent and child, siblings or friends are not considered a couple when applying for a NAB first home loan.

The NAB First Home Loan Deposit Scheme is currently offered only to purchase a brand new property, rather than an established property.

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).

How long does Bankwest take to approve home loans?

Full approval for a home loan usually involves a property valuation, which, Bankwest suggests, can take “a week or two”. As a result, getting your home loan approved may take longer. However, you may get full approval within this time if you applied for and received conditional approval, sometimes called a pre-approval, from Bankwest before finalising the home you want to buy.  

Another way of speeding up approvals can be by completing, signing, and submitting your home loan application digitally. Essentially, you give the bank or your mortgage broker a copy of your home’s sale contract and then complete the rest of the steps online. Bankwest has claimed this cuts the approval time to less than four days, although this may only happen if your income and credit history can be verified easily, or if your home’s valuation doesn’t take time.

Does Westpac offer loan maternity leave options?

Having a baby or planning for one can bring about a lot of changes in your life, including to the hip pocket. You may need to re-do the budget to make sure you can afford the upcoming expenses, especially if one partner is taking parental leave to look after the little one. 

Some families find it difficult to meet their home loan repayment obligations during this period. Flexible options, such as the Westpac home loan maternity leave offerings, have been put together to help reduce the pressure of repayments during parental leave.

Westpac offers a couple of choices, depending on your circumstances:

  • Parental Leave Mortgage Repayment Reduction: You could get your home loan repayments reduced for up to 12 months for home loans with a term longer than a year. 
  • Mortgage Repayment Pause: You can pause repayments while on maternity leave, provided you’ve made additional repayments earlier.

When applying for a home loan while pregnant, Westpac has said it will recognise paid maternity leave and back-to-work salaries. All you need is a letter from your employer verifying your return-to-work date and the nature of your employment. Your partner’s income, government entitlements, savings and investments will may help your application.

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.

How to apply for a pre-approval home loan from Bendigo Bank?

Applying for pre-approval on your home loan gives you confidence in your ability to secure finance while looking at potential new homes. You can get a free and personalised pre-approval home loan from Bendigo Bank in just a few minutes, without any credit checks or paperwork. 

Bendigo Bank offers pre-approval for home loans that allow you to understand the home loan size you may be able to get before looking for a new home. 

With the pre-approval, Bendigo Bank provides an estimate of your borrowing power. This figure incorporates stamp duty, lenders mortgage insurance (LMI) and any first home buyer incentives you may be eligible for. You may also qualify for the First Home Loan Deposit Scheme initiative, depending on your circumstances. 

To apply for a pre-approval on your home loan from Bendigo Bank, all you need to do is fill in a smart form. You could also contact the bank directly on 1300 236 344.

Does Australia have no-deposit home loans?

Australia no longer has no-deposit home loans – or 100 per cent home loans as they’re also known – because they’re regarded as too risky.

However, some lenders allow some borrowers to take out mortgages with a 5 per cent deposit.

Another option is to source a deposit from elsewhere – either by using a parental guarantee or by drawing out equity from another property.

How common are low-deposit home loans?

Low-deposit home loans aren’t as common as they once were, because they’re regarded as relatively risky and the banking regulator (APRA) is trying to reduce risk from the mortgage market.

However, if you do your research, you’ll find there is still a fairly wide selection of banks, credit unions and non-bank lenders that offers low-deposit home loans.

Are bad credit home loans dangerous?

Bad credit home loans can be dangerous if the borrower signs up for a loan they’ll struggle to repay. This might occur if the borrower takes out a mortgage at the limit of their financial capacity, especially if they have some combination of a low income, an insecure job and poor savings habits.

Bad credit home loans can also be dangerous if the borrower buys a home in a stagnant or falling market – because if the home has to be sold, they might be left with ‘negative equity’ (where the home is worth less than the mortgage).

That said, bad credit home loans can work out well if the borrower is able to repay the mortgage – for example, if they borrow conservatively, have a decent income, a secure job and good savings habits. Another good sign is if the borrower buys a property in a market that is likely to rise over the long term.

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.

How do you qualify for a CBA home loan with casual employment?

Qualifying for a home loan without a full-time job may be challenging, but it can be done. The first step is to understand how a CBA home loan is assessed when you have casual employment.

Most lenders will assess your expenses and savings while checking your loan eligibility, checking on factors crucial to home loan approval, such as if your bills are paid on time and what your credit score presently looks like. 

Your income can be one of the most critical factors to determine your final approved home loan amount. As such, you’ll need to provide payslip copies to lenders to assist them in assessing your income during the loan tenure, regardless of your employment status, full-time, part-time, or otherwise.

Casual employees will want to be casually employed for at least 12 months to be eligible for a home loan. Alternatively, you want to have worked as a permanent casual worker (working for a fixed number of hours per week) for at least one month, or you should have been in your current job for a minimum of three months (if the hours are irregular) to be eligible for the loan.

How do I get a Suncorp home loan pre-approval?

Getting home loan pre-approval helps you work out a budget to help you search for a suitable property and make an offer with confidence. Once you put in an application, you should get your pre-approval outcome within two business days. To help get a fast turnaround time of your pre-approval application, ensure all the information and documentation that Suncorp requires. This includes proof of identification, recent payslips, bank account and credit card statements.

You can submit the home loan pre-approval application online. You’ll be asked for information about your income, expenses, assets, and debts. It should take you about 10 minutes to fill out the application, and you can do it free of charge. A Suncorp lending specialist will review your application and contact you within 24 hours or the next working day. Suncorp will not run a credit check until you have heard from this lending specialist.

Once you get Suncorp home loan pre-approval, it’s valid for 90 days. If you don’t find a property you wish to buy in this time you may be able to apply for an extension, speak to your Suncorp lending specialist about this.

What are the benefits of getting a pre-approved home loan from Citibank?

While hunting for your dream home, getting a Citibank home loan pre-approval can have multiple benefits, which include:

  • You'll have an idea on your personal price range, which can save time to find your home.
  • With a pre-approved home loan, you may find yourself with more financial control to better decide how much you can spend.
  • A Citibank pre-approved home loan is a commitment  by a lender that signals you're ready to jump into the property market.

You can apply for pre-approval by providing basic details, such as name, email, and phone number on the bank’s website. Alternatively, you can contact the bank on 1300 361 922 or find a home lending officer on the website.