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Australian Mutual Bank

Fixed Rate Home Loan

Interest Rate

7.33

% p.a

Fixed - 5 years

Comparison Rate*

5.38

% p.a

Maximum LVR
95%
Real Time Rating™

3.10

/ 5
Monthly Repayment

$2,184

based on $300,000 loan amount for 25 years at 7.33%

Interest Rate

7.33

% p.a

Fixed - 5 years

Comparison Rate*

5.38

% p.a

Maximum LVR
95%
Real Time Rating™

3.10

/ 5
Monthly Repayment

$2,184

based on $300,000 loan amount for 25 years at 7.33%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$2,184

based on $300,000 loan amount for 25 years at 7.33%

Australian Mutual Bank home loans are available through brokers who can help find the right loan and manage your application at no charge.

Eric Dong

5.0
21 Reviews

Get expert advice from a home loans specialist.

We want to help our clients create lives they love through financial control and empowerment. Only after we’ve listened to what our clients are trying to achieve, and understood their unique set of circumstances do we start devising bespoke solutions for them. We do the legwork, running around and hard work, you will never have a headache for a competitive interest rate or a simplization of the loan process. We will provide expert guidance and help along the whole way from our initial meeting. We have two consultation fee options for both commercial and residential lending advice.

QLD4116

CRN: 429699

Jingxia (Suzanne) Wang

5.0
103 Reviews

Get expert advice from a home loans specialist.

With double master degrees of Professional Accounting and Commerce and over 3 years working experiences in the mortgage broking industry, Suzanne has been developing a wider sense of what her clients need and how to achieve their dreams of buying or building their own homes as well as increasing their investment property portfolio to build wealth. Suzanne loves meeting new clients and catching up with existing clients, she has a passion for delivering professional skills and experience to customise a solution for her clients to secure their financial future. On weekends she enjoys spending time with her family, reading books with her child, and going for long walks in the park. Suzanne Wang is a credit representative 534100 of BLSSA Pty Ltd ACN 117 651 760 (Australia Credit License 391237).

VIC3128

CRN: 484532

Quick home loan review

For Fixed Rate Investment Loan 5 Years (Principal and Interest)

These are the benefits of this home loan.

  • No ongoing fees
  • Suitable for low deposits
  • Parents can sign as guarantor
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option

These are the drawbacks of this home loan.

  • Limited extra repayments
  • No offset account
  • Higher than average interest rate
  • Loan reverts to higher rate after fixed period
  • Higher than average upfront fee
  • Discharge fee at end of loan

Home loan overview

For Fixed Rate Investment Loan 5 Years (Principal and Interest)

Details

Maximum LVR

95%

Total Repayments

Next LVR

Interest rate type

Fixed - 5 years

Borrowing range

Suitable for

Investors

Loan term range

1 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Yes - limited to $20000

Redraw facility

Redraw fee: $0

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

786

Application fee

250

Valuation fee

$250

Settlement fee

0

Other upfront fee

0

Ongoing fee

$0

Discharge fee

180

Application method

Online

Phone

In branch

Available
Not available
Data not captured

Target Market Determination

Visit Australian Mutual Bank to view Target Market Determination.

Other Benefits

No annual fee on SCU credit card (optional), no approval fees on personal and car loans, free first appointment with financial planner

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Australian Mutual Bank is available through brokers

FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $20k to $10,000,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 95 percent, which means it requires a minimum deposit of 5 percent

What's the maximum length for this loan?

Australian Mutual Bank allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

Australian Mutual Bank allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly, weekly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $786 worth of upfront fees.

Does this loan come with a redraw facility?

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

Where can you apply for this loan?

Australian Mutual Bank makes it possible to apply for this product online. Apply here.

Can a broker help me with this loan?

Yes, this Australian Mutual Bank loan is available through a broker. Find a broker to help you with your needs.