Important disclosure
Fixed Rate Home Loan
Interest Rate
5.48%
p.a
Fixed - 3 years
Comparison Rate*
6.10%
p.a
5.48%
p.a
Fixed - 3 years
6.10%
p.a
$0
based on $500,000 loan amount for 25 years at 5.48%
Fixed Rate Home Loan
Find your ideal home loan from one of the 3 home loans from Australian Mutual Bank
Principal and Interest (P&I)
| Loan type | Loan to value ratio | Interest rate | Comparison rate | |
|---|---|---|---|---|
Fixed - 3 years | Up to 95% | 5.48% p.a. | 6.10% p.a. | Product Info |
Fixed - 2 years | Up to 95% | 5.63% p.a. | 6.19% p.a. | Product Info |
Fixed - 1 year | Up to 95% | 5.98% p.a. | 6.29% p.a. | Product Info |
Interest only
| Loan type | Loan to value ratio | Interest rate | Comparison rate |
|---|
Promoted home loans
Promoted
Variable Rate Home Loan – Refinance Only
Gold Award Winner 2023
special
Receive an extra 0.01% p.a. discount every year, up to a maximum discount of 0.30% p.a.5.74%
p.a
Variable
5.65%
p.a
Promoted
Discount Variable
5.79%
p.a
Variable
5.81%
p.a
Australian Mutual Bank Fixed - 3 years Rate Home loan overview
For Fixed Rate Home Loan 3 Years
Details
Maximum LVR 95% | Total Repayments |
Interest rate type Fixed - 3 years | |
Borrowing range
$20k
-
$10m
| Suitable for Owner Occupiers |
Loan term range 1 - 30 years | Repayment type Principal and Interest |
Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA | |
Target Market Determination Visit Australian Mutual Bank Ltd to view Target Market Determination. |
Features
Extra repayments Yes - limited to $20000 | Redraw facility Redraw fee: $0 |
Offset account No | Split interest facility |
Loan portable | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Other benefits No annual fee on SCU credit card (optional), no approval fees on personal and car loans, free first appointment with financial planner |
Fees
Total estimated upfront fees $250 | Application fee $250 |
Legal fee At Cost | Valuation fee At Cost |
Settlement fee $0 | Other upfront fee $0 |
Ongoing fee $0 | Discharge fee $180 |
Pros and cons
For Fixed Rate Home Loan 3 Years
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Suitable for low deposits
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Free redraw facility
- Split account option
Drawbacks
- Limited extra repayments
- No offset account
- Loan reverts to higher rate after fixed period
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
