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Home Loan Interest Rates

Budget Home Loan

Effective Date: 3 June 2025

Product Interest Rate Comparison Rate
Special Variable Rate LVR ≤80% 5.59% p.a.*  5.59% p.a.2
Variable Rate 6.58% p.a.* 6.58% p.a.2
Product Interest Rate Comparison Rate
Special Variable Rate LVR ≤80% 5.99% p.a.* 5.99% p.a.2
Variable Rate 6.98% p.a.* 6.98% p.a.2

Package Home Loan

Effective Date: 3 June 2025

Product Interest Rate Comparison Rate
Principal & Interest Repayments
Variable Rate 7.23% p.a. 7.58% p.a.
1 Year Fixed Rate   5.69% p.a.   7.42% p.a.
2 Year Fixed Rate   5.49% p.a.   7.23% p.a.
3 Year Fixed Rate 5.49% p.a.     7.08% p.a.

 

Product Interest Rate Comparison Rate
Principal & Interest Repayments
Variable Rate   7.63% p.a.     7.98% p.a.
1 Year Fixed Rate   5.89% p.a.   7.79% p.a.
2 Year Fixed Rate   5.64% p.a.   7.57% p.a.
3 Year Fixed Rate   5.59% p.a.   7.38% p.a.
Interest Only Repayments
Variable (1-5 year terms available) 7.63% p.a.   7.96% p.a.
1 Year Fixed Rate 5.89% p.a. 7.78% p.a.
2 Year Fixed Rate 5.64% p.a. 7.56% p.a.
3 Year Fixed Rate 5.59% p.a. 7.38% p.a.
Product Interest Rate Comparison Rate
Owner Occupied, Principal & Interest Repayments
Variable Rate 6.48% p.a. 6.84% p.a.
1 Year Fixed Rate 5.69% p.a. 6.76% p.a.
2 Year Fixed Rate 5.49% p.a. 6.65% p.a.
3 Year Fixed Rate 5.49% p.a. 6.56% p.a.

Standard Home Loan

Effective Date: 3 June 2025

Product Interest Rate Comparison Rate
Principal & Interest Repayments
Variable Rate 8.13% p.a.   8.16% p.a.  
1 Year Fixed Rate 5.79% p.a.   7.90% p.a.  
2 Year Fixed Rate 5.59% p.a.   7.63% p.a.  
3 Year Fixed Rate 5.59% p.a.   7.40% p.a.  

 

Product Interest Rate Comparison Rate
Principal & Interest Repayments
Variable Rate 8.53% p.a.   8.56% p.a.  
1 Year Fixed Rate 5.99% p.a.   8.27% p.a.  
2 Year Fixed Rate 5.74% p.a.   7.97% p.a.  
3 Year Fixed Rate 5.69% p.a.   7.71% p.a.  
Interest Only Repayments
Variable (1-5 year terms available) 8.53% p.a. 8.55% p.a.  
1 Year Fixed Rate 5.99% p.a. 8.27% p.a.
2 Year Fixed Rate 5.74% p.a. 7.98% p.a.
3 Year Fixed Rate 5.69% p.a. 7.72% p.a.

Express Credit Facility

Effective Date: 3 June 2025

Product Interest Rate
Owner Occupied Rate 8.14% p.a.
Investment Rate 8.14% p.a.

Important Information

* Rate includes a discount margin off the applicable Budget Home Loan Variable Rate. Margin and rate subject to change. Rate only available for new loans to The Mutual Bank with minimum new loan amount of $100,000. Offer may be withdrawn at any time.

  • 1 Rate includes a discount margin off the applicable Standard Home Loan Variable Rate. Rate only available for minimum new loan amount of $150,000. Annual Package fee of $395 payable. Offer may be withdrawn at any time.
  • 2 #Comparison rate calculated on a loan amount of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. For variable rate interest-only loans, the comparison rate calculation is based on an initial 5-year interest-only term. For fixed rate interest-only loans, the comparison rate calculations are based on an initial interest-only term equal to the fixed rate term.
  • 3 On expiry of the fixed rate period the rate will revert to the variable rate for the applicable home loan. Rate only available for minimum loan amount of $150,000. Annual Package fee of $395 payable.
  • 4 Rate only available for minimum loan amount of $20,000. On expiry of the fixed rate period the rate will revert to the variable rate for the applicable home loan.

5 Rate includes a discount margin off the applicable Budget Home Loan Variable Rate. Margin and rate subject to change. Rate only available for new loans to The Mutual Bank with minimum new loan amount of $100,000. Offer may be withdrawn at any time.

    

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Eligibility and lending criteria, conditions, fees, and charges apply to all loans. Interest rates, fees, and charges may change without notice. Information is current as at date of appearance and is subject to change. We use reasonable efforts to provide accurate and up to date information. However, mistakes may still occur from time to time and we cannot guarantee that this website is free from any errors, inaccuracies or omissions. Maitland Mutual Limited trading as The Mutual Bank ABN 94 087 651 983 AFSL/Australian credit licence 238139.

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