GumLeaf Basic Variable
GumLeaf Basic Variable
Category: Home Loans Last Updated July 30, 2024 Effective September 2, 2024
General Lending Rates
Rates listed below are for a VARIABLE Owner Occupied P&I product. Additional Information
Interest Rate
5.89% PA
5.89% PA
Comparison Rate
5.96%PA*
5.96%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 Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
60%- 70%
Minimum: 60 PERCENT Maximum: 70 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 5.94%, Comparison Rate 6.01%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
70%- 80%
Minimum: 70 PERCENT Maximum: 80 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 5.99%, Comparison Rate 6.06%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
80%- 90%
Minimum: 80 PERCENT Maximum: 90 PERCENT
- Lending Rate Type: Variable
- Interest Rate: 6.04%, Comparison Rate 6.11%
- Repayment Type: Principal And Interest
- Loan Purpose: Owner Occupied
Product Features
- 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
- Digital Banking Additional Information: Check your accounts and transact online 24/7
- Other Additional Information: These product will be made available to new borrower with an LVR below 90% that borrow at least $50.000. A new is either a new member or an existing member that is wishing to borrow again
Product Eligibility
- Other Additional Information: Visit our website or contact us on Ph. 13 61 91
- Residency Status - Australian Citizen Or Permanent Resident. Additional Information: Australian Citizen or Permanent Resident
- Max 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)
Limitations & Restrictions (Constraints)
- Min Balance of 50000.00
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