In response to the RBA’s recent decision to cut the official cash rate, Australian Mutual Bank will decrease variable home loan rates by 0.25% for new and existing eligible borrowers, effective 1 March 2025.

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Lock in a highly competitive interest rate when you invest in our term deposit.

You can choose to leave the interest alone until the end of the term, or have it deposited monthly into your Everyday Saver account.  

 

 

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Lock in a highly competitive interest rate when you invest in our term deposit.
You can choose to leave the interest alone until the end of the term, or have it deposited monthly into your Everyday Saver account.  

Product Features:

GumLeaf Investment Variable Rate (Interest Only)
Redraw facility : Yes
Offset account : Offset 100% of the balance
Additional repayments accepted : Yes
Minimum loan amount : $50,000
Maximum Loan to Valuation Ratio (LVR) : 80%p.a.
Maximum Loan to Valuation Ratio (LVR) with lender's mortgage insurance : 89.99%p.a.
Maximum Loan to Valuation Ratio (LVR) Land only : 70%p.a.
Fees
Annual fee : $0
Monthly fee : $0
Redraw fee : $0
Establishment fee : $250

 

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First Home Buyers Standard Owner Occupied

Let us make your first home purchase a rewarding experience

  • Establishment fee waived ($250)
  • Valuation fee waived (up to $500)
  • Offset 100% of the balance
  • Variable 6.44 % p.a. Interest rate
  • 6.48 % p.a.
    Comparison rate
Apply now Learn more

GumLeaf Standard Variable Rate Owner Occupied

Take root and grow with a GumLeaf Home Loan

  • New loans from $50,000 only
  • Offset 100% of the balance
  • Rates are based on your loan-to-value ratio
  • ≤60%LVR 5.99 % p.a. Interest rate
  • 6.06 % p.a.
    Comparison rate
Apply now Learn more

GumLeaf Basic Variable Rate Owner Occupied

The evergreen, no frills Basic GumLeaf Home Loan, built for value

  • New loans from $50,000 only
  • No annual fee
  • Rates are based on your loan-to-value ratio
  • ≤60% LVR 5.89 % p.a. Interest rate
  • 5.96 % p.a.
    Comparison rate
Apply now Learn more

First Home Buyers Basic Owner Occupied

Looking to buy your first home? We have an affordable loan for you

  • Affordable 40-year loan term
  • Establishment fee waived ($250)
  • Valuation fee waived (up to $500)
  • Variable 6.19 % p.a. Interest rate
  • 6.23 % p.a.
    Comparison rate
Apply now Learn more

First Home 2 Year Fixed Owner Occupied

We'll make your big purchase as seamless as possible

  • Establishment fee waived ($250)
  • Valuation fee waived (up to $500)
  • Family Support Option available
  • 2 Year Fixed 5.49 % p.a. Interest rate
  • 6.29 % p.a.
    Comparison rate
Apply now Learn more

Fixed Rate Owner Occupied

Lock in a competitive rate for up to 5 years

  • New Loans from $20,000 only
  • No monthly or annual fees
  • Additional repayments up to $20,000 without penalty
  • 3 Year Fixed 5.49 % p.a. Interest rate
  • 6.24 % p.a.
    Comparison rate
Apply now Learn more

Standard Variable Rate Home Loan

Our most popular Home Loan with a very attractive variable rate

  • 100% offset account available
  • Free redraw facility
  • No annual or monthly fees
  • Variable 6.44 % p.a. Interest rate
  • 6.51 % p.a.
    Comparison rate
Apply now Learn more

Special Offer 3 Year Discounted Basic Variable Rate

For the first 3 years of your loan save on interest with a lower introductory rate

  • Australian Mutual Bank establishment fee, plus third-party valuation fee waived
  • New loans from $500,000 only
  • Family Support Option available
  • 3yr disc. variable* 5.69 % p.a. Interest rate
  • 6.09 % p.a.
    Comparison rate
Apply now Learn more

GumLeaf Standard Variable Rate Owner Occupied

Take root and grow with a GumLeaf Home Loan

  • New loans from $50,000 only
  • Offset 100% of the balance
  • Rates are based on your loan-to-value ratio
  • ≤60%LVR 5.99 % p.a. Interest rate
  • 6.06 % p.a.
    Comparison rate
Apply now Learn more

GumLeaf Basic Variable Rate Owner Occupied

The evergreen, no frills Basic GumLeaf Home Loan, built for value

  • New loans from $50,000 only
  • No annual fee
  • Rates are based on your loan-to-value ratio
  • ≤60% LVR 5.89 % p.a. Interest rate
  • 5.96 % p.a.
    Comparison rate
Apply now Learn more

Basic Variable Owner Occupied

A home loan that keeps things simple and saves you money

  • No Annual Fee
  • Free redraw facility
  • Minimum loan only $20,000
  • Variable 6.19 % p.a. Interest rate
  • 6.26 % p.a.
    Comparison rate
Apply now Learn more

Bridging Loan

A loan that allows you to purchase your new property before you sell your existing one

  • A bridge from your current home to your next one
  • Avoid renting between homes
  • Borrow up to 80% of the new home's value
  • Variable 7.90 % p.a. Interest rate
  • 7.98 % p.a.
    Comparison rate
Apply now Learn more

Footnotes:

  • 1 Home loan information and interest rates are for new money loans only and are subject to change. Loan to Value Ratio (LVR) is the ratio or money you borrow compared to the value of the property used as security, as determined by the Bank. LVR value is determined at time of origination only.
  • 2 This comparison rate is based on a $150,000 loan 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. All loan applications are subject to Australian Mutual Bank Ltd normal lending criteria. Fees and charges, terms and conditions apply.
  • 3 You must be at least one month's repayment in advance to obtain a redraw.
  • 4 Does not include valuation, Lender's Mortgage Insurance, 3rd party and government fees such as registration fees, stamp duty, etc.
  • 5 First Home Buyers 2 Year Fixed Rate Special Offer is applicable to loan applications received on or after 16 November 2020 and is subject to change without notice. New money only with a minimum borrowing amount of $100,000. Offer available for a limited time only and may be withdrawn once portfolio is met. At the end of the fixed period the rate reverts to the Owner Occupied Standard Variable rate.
  • 6 At the end of the fixed period the rate reverts to the Owner Occupied Standard Variable rate.
  • 7 Special Offer 3 Year Discounted Basic Variable Rate is applicable to loan applications received on or after the 25th October 2024 and is subject to change without notice. Not available in conjunction with any other offer. New money only with a minimum borrowing amount of $500,000 and a maximum LVR of 80%. The discounted rate is 0.50% below the Basic Variable Rate Home Loan Owner Occupied rate and will remain so for a 3 year period. At the end of the 3 year period, the rate reverts to the current offering of the Basic Variable Rate Home Loan Owner Occupied rate applicable at the time.
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Australian Mutual Bank acknowledges the Traditional Owners and Custodians of the land where our office is located in Surry Hills, Sydney as the Gadigal people of the Eora Nation. We further acknowledge the Traditional Owners and Custodians of Country from where our members and employees reside.

We extend our deep respect to Elders, past and present, and emerging Community leaders for maintaining enduring connections that protect and care for Country for a sustainable future.

Disclosures | Security | Privacy | BSB: 611 100

Any advice or information on this site does not take into account your personal objectives, financial situation or needs and you should consider whether it is appropriate for you. Please review Australian Mutual Bank Ltd Account and Access Facility Conditions of Use and Financial Services Guide before acquiring the product.

© Australian Mutual Bank Ltd | ABN 93 087 650 726 | Australian credit licence 236476 | AFSL 236476.