Investment HL 3yr Fixed PandI
Investment HL 3yr Fixed PandI
Category: Home Loans Last Updated December 1, 2023 Effective April 24, 2024
General Lending Rates
Rates listed below are for a FIXED INVESTMENT 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
5.58% PA
5.58% PA
Comparison Rate
6.62%PA*
6.62%PA*
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 month s 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 Investment Variable Rate Home Loan with Offset.
- 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 - Australia Citizen Or Permanent Resident. Additional Information: Australia 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
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