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GumLeaf Basic Variable Rate Owner Occupied

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

Choose The Ethical Alternative for your next home loan move

≤60% LVR 5.89 % p.a. Interest rate 5.96 % p.a. Comparison rate
LVR Interest Rate Comparison Rate
≤60% LVR 5.89% p.a.   5.96% p.a.  
>60% to ≤70% LVR 5.94% p.a.   6.01% p.a.  
>70% to ≤80% LVR 5.99% p.a.   6.06% p.a.  
>80% to ≤90% LVR 6.04% p.a.   6.11% p.a.

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.

Can't decide between a variable or fixed home loan?

You might consider splitting your home loan into part fixed, part variable rate so you can access both certainty and flexibility, in a ratio that works for you. Call us on 13 61 91 or fill the enquiry form below to speak with one of our mortgage specialists for more information about a split home loan for you to decide whether this may be suitable for you.

Product Features:

GumLeaf Basic Variable Owner Occupied
Redraw facility : Yes
Offset account : No
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

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

LVR Interest Rate Comparison Rate
 ≤60% LVR 5.89% p.a.   5.96% p.a.  
>60% to ≤70% LVR 5.94% p.a.   6.01% p.a.  
>70% to ≤80% LVR 5.99% p.a.   6.06% p.a.  
>80% to ≤90% LVR 6.04% p.a.   6.11% p.a.

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A home loan specialist will answer all your questions and help move your application along.

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Our Mobile Bankers located in NSW can come to visit you at home, at work or wherever else is convenient for you.

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 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.
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