Owner Occupied 3yr Fixed Home Loan

Owner Occupied 3yr Fixed Home Loan
Category: Home Loans  Last Updated June 3, 2024  Effective July 5, 2024

 General Lending Rates

Rates listed below are for a FIXED Owner Occupied P&I product. Additional Information 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 example given and may not include all fees and charges.
Interest Rate
5.48% PA
Comparison Rate
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 Features

  • Other Additional Information: Fixed terms between 1 - 5 years available
  • Other Additional 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
  • Other Additional Information: Loan period - Up to 30 years
  • Other Additional Information: No Annual Fees
  • Redraw Additional Information: You must be at least one months repayment in advance to obtain a redraw
  • Other Additional Information: Additional Repayments accepted (up to $20,000 during the fixed period)
  • Other Additional Information: A Break Cost Fee applies to fixed rate loans. Please refer to our Fees & Charges and Transaction Limits for more information.
  • Digital Banking Additional Information: Check your accounts and transact online 24/7
  • Other Additional Information: At the end of the fixed period the rate reverts to the Owner Occupied Standard Variable rate
  • Other Additional Information: Borrow up to 80% of property value. 95% with Mortgage Insurance. 90% with mortgage insurance for interest only. 70% land only. Mortgage insurance is subject to approval by the Mortgage Insurer

 Product Eligibility

  • Residency Status - Australian Citizen Or Permanent Resident. Additional Information: Australian Citizen or Permanent Resident
  • Min Age - 18. Additional Information: 18 years or older
  • Other Additional Information: Become a member if loan is approved
  • Other Additional Information: Have a beneficial interest in the loan
  • Other Additional 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.
  • Mortgage Discharge Processing Fee (Upfront), Amount: 180.00.
  • 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)
  • Fixed Rate Lock Fee (optional) (Payment), Amount: 1000.00. Additional Information: Fixed Rate Locked Fee Available

 Limitations & Restrictions (Constraints)

  • Min Balance of 20000.00