Standard Variable Rate Home Loan (Principal & Interest)
- Last updated on 01 Apr 2020
Discount Variable Home Loan
specialRate cut to 2.59% p.a effective on 3 April 2020
Make the move to UBank's award winning home loan
Owner Occupier Discounted Variable Rate
based on $300,000 loan amount for 25 years
- No ongoing fees
- Suitable for low deposits
- Extra repayments + redraw services
- Free redraw facility
- Discharge fee at end of loan
- Repayments may increase if RBA raises rates
Interest rate structure
$20k - $100m
Principal & interest
Loan term range
1 - 30 years
Unlimited extra repayments
Redraw fee: $0
Allows split interest
ACT, NSW, QLD, VIC
Estimated upfront fees
Minimum SMSF Amount
Compare and review home loans with similar features
The Mutual, or the Maitland Mutual Building Society, was founded in 1888 and is one of the oldest member-owned building societies in Australia.
It is based in Maitland, NSW, and offers financial products such as home and personal loans, credit cards, savings and investment accounts, as well as insurance and superannuation. They also provide financial planning services and investment advice.
The Mutual Home Loan Calculator
Interested in an The Mutual home loan? RateCity has a suite of calculators that can show you what your repayments would be and how The Mutual compares to its competitors. Simply plug in your borrowing amount below.
The standard variable rate (SVR) is the interest rate a lender applies to their standard home loan. It is a variable interest rate which is normally used as a benchmark from which they price their other variable rate home loan products.
A standard variable rate home loan typically includes most, if not all the features the lender has on offer, such as an offset account, but it often comes with a higher interest rate attached than their most ‘basic’ product on offer (usually referred to as their basic variable rate mortgage).