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First Home Guarantee

Secure your first home loan with a deposit of as little as 5%, without Lenders Mortgage Insurance, under the Australian Government's Home Guarantee Scheme.

Latest News

A flavoursome partnership with Maitland Taste

A flavoursome partnership with Maitland Taste

Proudly sponsored by The Mutual Bank, Maitland Taste will run from Friday 17 May to Sunday 19 May and visitors will be treated to an unforgettable gastronomic experience featuring the finest local produce, cooking demonstrations by talented chefs and a host of family friendly activities.

Farewell and thanks to Melinda, a warm welcome to Andre

Farewell and thanks to Melinda, a warm welcome to Andre

The Mutual Bank’s Board Chair Steve Meyn has paid tribute to long-standing Director Melinda Smith who has retired from the role after 10 years. Mr Meyn said he was thrilled to welcome Andre Pinkowski to the Board to fill the vacant position created by Ms Smith’s retirement.

The Mutual Bank is ready to ride the waves of Surfest in 2024

The Mutual Bank is ready to ride the waves of Surfest in 2024

For the second year running, The Mutual Bank will sponsor the High Schools Team Challenge at Surfest which showcases up and coming junior surfers.

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Important Information

Footnotes:

  • 1 Rate includes a discount margin off the applicable Budget Home Loan Variable Rate. Margin and rate subject to change. Rate only available for new loans to The Mutual Bank with minimum new loan amount of $100,000. Offer may be withdrawn at any time.
  • 2 Comparison rate is based on a loan of $150,000 over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate
  • 3 Interest on Term Deposits is calculated by applying the daily percentage rate to the account balance and paid at intervals as specified in the tables above. A reduced interest rate applies if term deposits are redeemed before Maturity Date. The reduced interest rate is 0.10% per annum calculated from the date the account was opened to the date of early redemption. The daily percentage rate is the applicable annual percentage rate divided by 365.
  • 4 Interest is calculated by applying the daily percentage rate applicable to the daily balance to the entire balance and paid on the last day of every month. Interest will be calculated and paid if there has been at least one deposit and no withdrawals on the account during the calendar month. Interest credits from this account do not constitute a deposit. If this condition is not met, no interest will be paid for that month. The daily percentage rate is the applicable annual percentage rate divided by 365.
  • 5 The interest rate offered to you will be personalised depending on our credit assessment of your financial situation. The interest rate shown is the minimum interest rate that may be applicable.
  • 6 Comparison rate is based on a secured loan of $30,000 over 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.