Category: Home Loans Last Updated March 5, 2024 Effective May 3, 2024
General Lending Rates
Rates listed below are for a VARIABLE Owner Occupied P&I product. Additional Information
Interest Rate 5.89% PA
Comparison Rate 5.96%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
60%- 70%
Minimum: 60 PERCENT Maximum: 70 PERCENT
Lending Rate Type: Variable
Interest Rate: 5.94%, Comparison Rate 6.01%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
70%- 80%
Minimum: 70 PERCENT Maximum: 80 PERCENT
Lending Rate Type: Variable
Interest Rate: 5.99%, Comparison Rate 6.06%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
80%- 90%
Minimum: 80 PERCENT Maximum: 90 PERCENT
Lending Rate Type: Variable
Interest Rate: 6.04%, Comparison Rate 6.11%
Repayment Type: Principal And Interest
Loan Purpose: Owner Occupied
Product Features
OtherAdditional Information: Family Support is available for borrowers, especially first home buyers with no deposit, who have an immediate family member that is willing and able to offer security
OtherAdditional Information: Loan period - Up to 30 years
OtherAdditional Information: No Annual Fees
RedrawAdditional Information: You must be at least one month s repayment in advance to obtain a redraw
Digital BankingAdditional Information: Check your accounts and transact online 24/7
OtherAdditional Information: These product will be made available to new borrower with an LVR below 90% that borrow at least $50.000. A new is either a new member or an existing member that is wishing to borrow again
Product Eligibility
OtherAdditional Information: Visit our website or contact us on Ph. 13 61 91
Residency Status - Australia Citizen Or Permanent Resident. Additional Information: Australia Citizen or Permanent Resident
Max Age - 18. Additional Information: 18 years or older
OtherAdditional Information: Become a member if loan is approved
OtherAdditional Information: Have a beneficial interest in the loan
OtherAdditional Information: All applications are subject to approval within AMBL credit policy
Bank Fees and Charges
Loan Establishment Fees - For Mortgage Loans (Upfront), Amount: 250.00.
Certificate Of Title Production (Upfront), Amount: 50.00.
Consent For Second Mortgage (Upfront), Amount: 200.00. Additional Information: Credit and loan fees and Charges
Switching Fee For Switching Your Australian (Upfront), Amount: 300.00. Additional Information: Switching fee for switching your Australian Mutual Bank home loan to another loan type (except at the end of the fixed rate period)
