Variable interest rates starting from 5.99% (6.01%)*
Compare Teachers Mutual Bank home loan products, fees and featuresTeachers Mutual Bank supports teachers and understands just how much time and effort they are putting into supporting students and have minimal time to be worrying about themselves. Their products and services cater to the needs of teachers in order to help them achieve financial goals like buying a car or owning a home. They are very flexible and cater to the needs of each individual customer. Their online service allows customers to not need to have face-to-face support and all of the support can be accessed online which is faster and more suitable for busy lives.
| Home Loan Product | Your Way Home Loan | Your Way Plus |
|---|---|---|
| Lowest Variable Rate (Comparison Rate) | 5.99% (6.01%)* | 6.09% (6.37%)* |
| Max LVR | 80% | 60% |
| Min Loan Amount | $10,000 | $10,000 |
Product Fees | ||
| Application | - | - |
| Settlement | $250 | $250 |
| Discharge | $250 | $250 |
| Ongoing Fee |
- - |
$300 (annually) |
Are you trying to compare Teachers Mutual Bank's interest rates, discharge fees, settlement fees or applicant fees?
We have over 20 years of experience working with different Australian Home Loan providers, including Teachers Mutual Bank. Speak with Get a Better Rate and have an experienced Mortgage Broker help navigate your next home loan. Based in the Sydney CBD, Get a Better Rate partners with over 40 top Australia Home Loan providers, reach out for a chat today!
Let's TalkProduct Features | ||
|---|---|---|
| Home Loan Product | Your Way Home Loan | Your Way Plus |
| Repayment | Weekly, Fortnightly, Monthly | Monthly |
| Offset | ||
| Redraw | ||
| EFTPOS | ||
| Debit Card | ||
| BPay | ||
| Internet Banking | ||
| Bridging | ||
| Construction |
Before you start the process, it's important to understand your goals and strategy. Whether you are refinancing to a lower interest rate, purchasing a new home or looking to renovate.
Use our home loan repayment calculator and compare repayments against what your budget.
Have your income statements
Prepare your expense budget
Know your monthly liabilities and credit card limits
Australian ID documents
The fixed rate graph is a representation of Teachers Mutual Bank's historical fixed rates. It has been designed to provide you with context, in relations to rate cycles and where the current fixed rate sits within this cycle.
We have prepared a guide to help you better understand the potential benefits and limitations of fixing your home loan.
Teachers Mutual Bank's current fixed rates are displayed above each graph. The graph contains historical rates which are not avalaible and are shown as a guide only. It is always recommended that you speak with your lender or mortgage broker, before fixing your home loan. It is important you understand the risks, such as potential breakfees or feature limitations such as redraw that may relate to your circumstance.
No matter what aspect of home loans you want to address with us, we have plenty of additional resources and tools to help you. Whether you want to compare home loans with the Teachers Mutual Bank, calculate your loan repayments, or figure out how much you will save when you refinance your existing loan, Get a Better Rate has you covered.
