Home loan rates › Teachers Mutual Bank
Your Way Plus Interest Only Home Loan Investor
Teachers Mutual Bank
Get flexibility for your investment PLUS take advantage of our package benefits with special low rates interest only option and much more.
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Comparison* | Applies to | Conditions | Source | Since |
|---|---|---|---|---|---|
| 6.59% | 6.81% | Variable · investment · interest only · LVR 0%–60% | Certain occupations | CDR | 1 Nov 2026 |
| 6.69% | 6.87% | Variable · investment · interest only · LVR 60%–70% | Certain occupations | CDR | 1 Nov 2026 |
| 6.79% | 6.87% | Variable · investment · interest only · LVR 70%–80% | Certain occupations | CDR | 1 Nov 2026 |
| 7.09% | 7.37% | Variable · investment · interest only · LVR 80%–90% | Certain occupations | CDR | 1 Nov 2026 |
| 7.44% | 7.72% | Variable · investment · interest only · LVR 90%–98% | Certain occupations | CDR | 1 Nov 2026 |
*Comparison rates are calculated on a $150,000 secured loan over a term of 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. Fees and charges are payable.
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Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://ob.tmbl.com.au/tmbank/cds-au/v1/banking/products/2dd1ea6e-7a5a-44ce-adfd-035913ed4af3- Content hash
sha256 192fda04addc36cccd5ab35adfde98d3a748bee1d77c306e206374ce2880dae4- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_192fda04addc36cc_78f4f0f9Show details
- Checked
- 1 Nov 2026
- URL
https://ob.tmbl.com.au/tmbank/cds-au/v1/banking/products/2dd1ea6e-7a5a-44ce-adfd-035913ed4af3- Content hash
sha256 192fda04addc36cccd5ab35adfde98d3a748bee1d77c306e206374ce2880dae4- Excerpt
- —
- Rule version
mapper@0.1.2
Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.
Fees
| Fee | Type | Amount |
|---|---|---|
| MORTGAGE_DISCHARGE | Exit | $250.00 |
| ADDITIONAL_SECURITY_FEE | Event | $120.00 |
| DEFAULT_NOTICE_FEE | Event | $25.00 |
| LEGAL_FEES | Upfront | Set in your letter of offer |
| LENDERS_MORTGAGE_INSURANCE | Upfront | Set in your letter of offer |
| REGISTRATION_FEE | Upfront | Set in your letter of offer |
| TITLE_SEARCH | Transaction | $1.00 |
| COLLECTION_CHARGES | Other | Set in your letter of offer |
| STAMP_DUTY | Upfront | Set in your letter of offer |
| PACKAGE_FEE-HOME_LOANS | Periodic | $300.00 |
| FEE_FOR_FULL_VALUATION | Upfront | Set in your letter of offer |
| LOAN_ADMINISTRATION_FEE | Upfront | $250.00 |
| LOAN_VARIATION_FEE | Event | $200.00 |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Redraw | Redraw available | |
| Extra repayments | Additional repayments available | |
| Other | Ability to split loan | |
| Other | Ability to switch loan | |
| Other | Ability to Top Up | |
| Digital banking | 24/7 access via internet banking, mobile app, phone banking | |
| Other | Borrow up to 90% of the property value prior to capitalisation of Lenders Mortgage Insurance | |
| Other | Discounted Variable rates for life of the loan | |
| Offset | PLUS 100% offset | |
| Complementary product discounts | Establishment, valuation and top up fees waived | PLUS establishment, valuation and top up fees waived |
| Complementary product discounts | Personal loan application fees waived | PLUS personal loan application fees waived |
| Other | Construction loan available whilst repayments are on Interest Only | |
| Guarantor | ||
| Eligibility: other | You must be a member. Membership is open to current or retired employees of the Australian education sector or family members of members (i.e. shareholders) of the Bank. | |
| Eligibility: residency status | Individuals must be citizens of permanent residents of Australia. | |
| Eligibility: natural person | ||
| Eligibility: min age | 18 | |
| Eligibility: other | All applications for credit are subject to responsible lending criteria. Fees and charges apply. You can find our Consumer Lending terms and conditions online or from any of our offices. | |
| Eligibility: other | Borrower must have satisfied Your Way Plus Home Loan Package eligibility. | |
| Limit: min limit | 150000.00 | |
| Limit: min lvr | 0.00 | |
| Limit: max lvr | 98.00 |
Rate history
| Rate | From | To | Rate p.a. | Comparison |
|---|---|---|---|---|
| Variable · investment · interest only · LVR 90%–98% | 1 Nov 2026 | Current | 7.44% | 7.72% |
| Variable · investment · interest only · LVR 60%–70% | 1 Nov 2026 | Current | 6.69% | 6.87% |
| Variable · investment · interest only · LVR 70%–80% | 1 Nov 2026 | Current | 6.79% | 6.87% |
| Variable · investment · interest only · LVR 0%–60% | 1 Nov 2026 | Current | 6.59% | 6.81% |
| Variable · investment · interest only · LVR 80%–90% | 1 Nov 2026 | Current | 7.09% | 7.37% |
*Comparison rates are calculated on a $150,000 secured loan over a term of 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. Fees and charges are payable.
Tags
| Tag | Meaning | Effect |
|---|---|---|
eligibility:occupation | Certain occupations | Shown in the row (the product name says it is for essential workers, police, defence force members, veterans or similar); ranking unchanged |
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