The Mutual Standard Variable Rate Investment Loan | Review & Compare Home Loans

Standard Variable Home Loan

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Advertised Rate

4.78

% p.a

Variable

Comparison Rate*

4.78

% p.a

Maximum LVR

95%

Real Time Rating™

Monthly Repayment

$1,716

based on $300,000 loan amount for 25 years at 4.78%

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Summary
Features & fees
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Advertised Rate

4.78

% p.a

Variable

Comparison Rate*

4.78

% p.a

Maximum LVR

95%

Real Time Rating™

Monthly Repayment

$1,716

based on $300,000 loan amount for 25 years at 4.78%

Calculate your repayments for this loan

Your estimated repayment

$1,716

based on $300,000 loan amount for 25 years at 4.78%

Based on your details, you can compare and save on the following home loans

TMD

Monthly Repayment

$1,176

based on $300,000 loan amount for 25 years at 2.44%

Advertised Rate

2.44

% p.a

Variable

Comparison Rate*

2.49

% p.a

Interest rates ranked in the best 20%
No ongoing fees
Redraw facility available
Parents can sign as guarantor

Real Time Rating™

More Features

Monthly Repayment

$1,122

based on $300,000 loan amount for 25 years at 2.09%

Advertised Rate

2.09

% p.a

Variable

Comparison Rate*

2.09

% p.a

Interest rates ranked in the best 20%
No upfront or ongoing fees
100% full offset account
Parents can sign as guarantor

Real Time Rating™

More Features

Monthly Repayment

$1,199

based on $300,000 loan amount for 25 years at 2.09%

Advertised Rate

2.09

% p.a

Intro 24 months

Comparison Rate*

2.52

% p.a

Cashback

Refinance and get $3,000 cashback for new Owner Occupier and Investment Loans. Apply by 30 November 2021 and settle by 28th February 2022. Terms and Conditions apply.*

Real Time Rating™

More Features

Quick home loan review

For Standard Variable Rate Investment Loan

These are the benefits of this home loan.

No ongoing fees
Suitable for low deposits
Extra repayments and redraw facility
Free redraw facility

These are the drawbacks of this home loan.

Higher than average interest rate
Higher than average upfront fee
Discharge fee at end of loan
No repayment holidays

Home loan overview

For Standard Variable Rate Investment Loan

TMD

Details
Features
Fees
Application method

Details

Maximum LVR 95%	Total Repayments $514,800 View repayment schedule »
Next LVR	Interest rate type Variable
Borrowing range $20k - $100m Calculate how much you can borrow	Suitable for Investors
Loan term range 1 - 30 years	Principal & interest
Interest only	Applicable states ACT, NSW, QLD, VIC
Make repayments Fortnightly, Monthly, Weekly

Features

Extra repayments Unlimited extra repayments	Offset account Partial offset account
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 150	Application fee 0
Legal fee $0	Valuation fee $0
Settlement fee 150	Other upfront fee 0
Ongoing fee $0	Discharge fee 200

Application method

Online	Phone
Broker	In branch

Target Market Determination

Visit The Mutual Bank to view Target Market Determination.

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TMD

Advertised Rate

2.04

% p.a

Variable

Comparison Rate*

2.04

% p.a

Interest rates ranked in the best 20%
No upfront or ongoing fees
100% full offset account
Extra repayments and redraw facility

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Advertised Rate

3.69

% p.a

Variable

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3.70

% p.a

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Advertised Rate

2.99

% p.a

Variable

Comparison Rate*

3.00

% p.a

No ongoing fees
Suitable for low deposits
Parents can sign as guarantor
Extra repayments and redraw facility

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1.99

% p.a

Variable

Comparison Rate*

2.08

% p.a

Interest rates ranked in the best 20%
No ongoing fees
Extra repayments and redraw facility
Free redraw facility

Real Time Rating™

FAQs

The range you can borrow from this loan is $20k to $99,999,999.

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

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

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

While it could change based on your circumstances, RateCity estimates that this loan option comes with $150 worth of upfront fees.

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

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

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