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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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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 Offer available for a limited time only and may be withdrawn once portfolio is met.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.