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Bridging Loan Variable Rate

A comprehensive variable rate Home Loan with an offset account.

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

Variable 7.65 % p.a. Interest rate 7.73 % p.a. Comparison rate

Product Features:

Bridging Home Loan
Redraw facility : Yes
Offset account : Yes, offset 100% of the balance
Additional repayments accepted : Yes
Minimum loan amount : $20,000
Maximum Loan to Valuation Ratio (LVR) : 80%
Maximum Loan to Valuation Ratio (LVR) with lender's mortgage insurance : 85%
Maximum Loan to Valuation Ratio (LVR) Land only : 70%
Fees
Annual fee : $0
Monthly fee : $0
Redraw fee : $0
Establishment fee : $250

Additional third-party fees and charges apply, please refer to our Fees & Charges and Transaction Limits for details.

Bridging Loan Variable Rate Rate p.a.
Interest Rate Variable 7.65% p.a.
Comparison Rate 7.73% p.a.

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Request a Home Loan Key Facts Sheet4

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Guides for home buying

Why choose Australian Mutual Bank?

  • 100% Customer owned

    On becoming a member of our bank, you're not just a customer, you're an owner!

  • Ethical banking

    The benefit of our members, society, and the planet drives everything we do

  • Friendly service

    Our number one goal is to give you the best overall banking experience we can

  • Safe and secure

    Eligible deposits are protected by the Financial Claims Scheme

Footnotes:

  • 1 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.
  • 2 You must be at least one month's repayment in advance to obtain a redraw.
  • 3 Does not include valuation, Lender's Mortgage Insurance, 3rd party and government fees such as registration fees, stamp duty, etc.

4. Request a Home Loan Key Facts Sheet. All applications are subject to Australian Mutual Bank Ltd normal lending criteria. Fees and charges, terms and conditions apply.

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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.

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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.

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