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Interest Rates

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Home Loans

Interest Rates effective 9 April 2016.
Note: $50,000 minimum loan amount for fixed rates and $50,000 minimum loan increase for existing customers switching from a loan funded prior to 1 December 2015.

  Owner Occupied
Variable Interest Rates
  LVR of 80% or less LVR greater than 80%
  Interest Rate (p.a.) Comparison Rate (p.a.)1,2 First Home Buyer Comparison Rate (p.a.)1,2 Interest Rate (p.a.) Comparison Rate (p.a.)1,2 First Home Buyer Comparison Rate (p.a.)1,2
Education Package Home Loan  4.04% pa  4.36% pa  4.34% pa  4.24% pa  4.56% pa  4.54% pa
Complete Home Loan  4.14% pa  4.19% pa  4.15% pa  4.34% pa  4.39% pa  4.35% pa
Standard Home Loan  4.84% pa  4.89% pa N/A  5.04% pa  5.09% pa N/A
 
Equity Line of Credit Home Loan  5.19% pa N/A        

 

Fixed Interest Rates3
  Interest Rate (p.a.) Comparison Rate (p.a.)1,2
LVR of 80% or less
Comparison Rate (p.a.)1,2
LVR greater than 80%
Education Package Home Loan
1 Year Fixed  4.09% pa  4.36% pa  4.54% pa
2 Year Fixed  4.09% pa  4.37% pa  4.53% pa
3 Year Fixed  4.24% pa  4.41% pa  4.56% pa
4 Year Fixed  4.59% pa  4.55% pa  4.68% pa
5 Year Fixed  4.59% pa  4.59% pa  4.70% pa
Complete Home Loan
1 Year Fixed  4.19% pa  4.19% pa  4.37% pa
2 Year Fixed  4.19% pa  4.20% pa  4.36% pa
3 Year Fixed  4.34% pa  4.24% pa  4.39% pa
4 Year Fixed  4.69% pa  4.37% pa  4.51% pa
5 Year Fixed  4.69% pa  4.41% pa  4.53% pa
Standard Home Loan
1 Year Fixed  4.19% pa  4.82% pa  5.00% pa
2 Year Fixed  4.19% pa  4.77% pa  4.93% pa
3 Year Fixed  4.34% pa  4.75% pa  4.90% pa
4 Year Fixed  4.69% pa  4.83% pa  4.97% pa
5 Year Fixed  4.69% pa  4.82% pa  4.94% pa
  Investment
Variable Interest Rates
  LVR of 80% or less LVR greater than 80%
  Interest Rate (p.a.) Comparison Rate (p.a.)1,2 First Home Buyer Comparison Rate (p.a.)1,2 Interest Rate (p.a.) Comparison Rate (p.a.)1,2 First Home Buyer Comparison Rate (p.a.)1,2
Education Package Home Loan  4.39% pa  4.70% pa  4.68% pa  4.59% pa  4.90% pa  4.88% pa
Complete Home Loan  4.49% pa  4.54% pa  4.50% pa  4.69% pa  4.74% pa  4.70% pa
Standard Home Loan  5.19% pa  5.24% pa N/A  5.39% pa  5.44% pa N/A
 
Equity Line of Credit Home Loan  5.29% pa N/A        
Self Managed Super Fund Loan  5.54% pa  5.77% pa

 

Fixed Interest Rates3
  Interest Rate (p.a.) Comparison Rate (p.a.)1,2
LVR of 80% or less
Comparison Rate (p.a.)1,2
LVR greater than 80%
Education Package Home Loan
1 Year Fixed  4.29% pa  4.69% pa  4.87% pa
2 Year Fixed  4.29% pa  4.69% pa  4.85% pa
3 Year Fixed  4.44% pa  4.72% pa  4.86% pa
4 Year Fixed  4.79% pa  4.84% pa  4.97% pa
5 Year Fixed  4.79% pa  4.87% pa  4.98% pa
Complete Home Loan
1 Year Fixed  4.39% pa  4.53% pa  4.71% pa
2 Year Fixed  4.39% pa  4.52% pa  4.68% pa
3 Year Fixed  4.54% pa  4.55% pa  4.70% pa
4 Year Fixed  4.89% pa  4.67% pa  4.81% pa
5 Year Fixed  4.89% pa  4.70% pa  4.82% pa
Standard Home Loan
1 Year Fixed  4.39% pa  5.16% pa  5.34% pa
2 Year Fixed  4.39% pa  5.09% pa  5.25% pa
3 Year Fixed  4.54% pa  5.06% pa  5.21% pa
4 Year Fixed  4.89% pa  5.13% pa  5.26% pa
5 Year Fixed  4.89% pa  5.11% pa  5.23% pa

 

Personal Loans

Interest Rates effective 9 April 2016.

  Variable Interest Rates
  Variable Interest Rate (p.a.) Comparison Rate (p.a.)2
Personal Loan  11.74% pa  12.37% pa4
Green Personal Loan  9.35% pa  9.97% pa4
Share Loan  10.25% pa  10.87% pa4
Student Loan  10.74% pa  11.37% pa5
Student Loan (deferred)  11.25% pa  11.88% pa5
Overdraft  13.19% pa N/A
  Fixed Interest Rates
Fixed Interest Rates (p.a.)7
  Interest Rate (p.a.) Comparison Rate (p.a.)2
Share Loan
1 Year Fixed  10.25% pa  10.87% pa4
2 Year Fixed  10.25% pa  10.87% pa4
3 Year Fixed  10.25% pa  10.87% pa4
4 Year Fixed  10.25% pa  10.87% pa4
5 Year Fixed  10.25% pa  10.87% pa4
Personal Loan
1 Year Fixed  11.74% pa  12.37% pa4
2 Year Fixed  11.74% pa  12.37% pa4
3 Year Fixed  11.74% pa  12.37% pa4
4 Year Fixed  11.74% pa  12.37% pa4
5 Year Fixed  11.74% pa  12.37% pa4
Green Personal Loan
1 Year Fixed  9.35% pa  9.97% pa4
2 Year Fixed  9.35% pa  9.97% pa4
3 Year Fixed  9.35% pa  9.97% pa4
4 Year Fixed  9.35% pa  9.97% pa4
5 Year Fixed  9.35% pa  9.97% pa4
Student Loan
1 Year Fixed  10.74% pa  11.37% pa5
2 Year Fixed  10.74% pa  11.37% pa5
3 Year Fixed  10.74% pa  11.37% pa5
4 Year Fixed  10.74% pa  11.37% pa5
5 Year Fixed  10.74% pa  11.37% pa5
Student Loan (deferred)
1 Year Fixed  11.25% pa  11.88% pa5
2 Year Fixed  11.25% pa  11.88% pa5
3 Year Fixed  11.25% pa  11.88% pa5
4 Year Fixed  11.25% pa  11.88% pa5
5 Year Fixed  11.25% pa  11.88% pa5

 

Car Loans

Car Loan Interest Rates effective 9 April 2016.

  Variable Interest Rates
  Variable Interest Rate (p.a.) Comparison Rate (p.a.)2
New Car Loan (L35)  8.79% pa  8.92% pa6
Used Car Loan (L32)  9.79% pa  10.41% pa5
Green Car Loan (L26)  8.29% pa  8.42% pa6
  Fixed Interest Rates
Fixed Interest Rates
  Fixed Interest Rate (p.a.)7 Comparison Rate (p.a.)2
New Car Loan
1 Year Fixed  8.79% pa  8.92% pa6
2 Year Fixed  8.79% pa  8.92% pa6
3 Year Fixed  8.79% pa  8.92% pa6
4 Year Fixed  8.79% pa  8.92% pa6
5 Year Fixed  8.79% pa  8.92% pa6
Used Car Loan
1 Year Fixed  9.79% pa  10.41% pa5
2 Year Fixed  9.79% pa  10.41% pa5
3 Year Fixed  9.79% pa  10.41% pa5
4 Year Fixed  9.79% pa  10.41% pa5
5 Year Fixed  9.79% pa  10.41% pa5
Green Car Loan
1 Year Fixed  8.29% pa  8.42% pa6
2 Year Fixed  8.29% pa  8.42% pa6
3 Year Fixed  8.29% pa  8.42% pa6
4 Year Fixed  8.29% pa  8.42% pa6
5 Year Fixed  8.29% pa  8.42% pa6

 

Credit Cards

Credit Card Interest Rates effective 9 April 2016.

  Interest Rates
  Purchase Variable
Interest Rate (p.a.)
Balance Transfer
Variable Interest Rate (p.a.)
Cash Advance
Variable Interest Rate (p.a.)
Visa Platinum Credit Card (S7)  9.99% pa  9.99% pa  19.99% pa
Visa Classic Credit Card (S6)  12.94% pa  12.94% pa  12.94% pa

 

Terms and Conditions

 


Important Information

1. Comparison rate calculated on a secured loan amount of $150,000 for a term of 25 years.
2. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate. Fees and charges apply. Terms and Conditions are available on request.
3. Rates are indicative only. Fixed Rates are fixed at the date of funding or may be fixed at the date of application by paying a fixed rate lock fee. Conditions apply.
4. Comparison rate calculated on an unsecured loan amount of $10,000 for a term of 3 years.
5. Comparison rate calculated on a secured loan amount of $10,000 for a term of 3 years.
6. Comparison rate calculated on a secured loan amount of $30,000 for a term of 5 years.
7. Rates are indicative only. Fixed rates are fixed at the date of funding.
The Mutual Bank may charge a fee for these services and facilities. Refer to the Fees and Charges brochure, available on request. Full terms and conditions available on request