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Your Way Owner Occupier Home Loan

Is this a home you'll love?

Stay in control with the ability to adapt your loan as your needs change. Get both fixed and variable rate options and greater flexibility. Have confidence in the future, whatever comes down the road.

Basic Var P&I LVR up to 60% 6.09 % p.a. Interest rate 6.15 % p.a. Comparison rate

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Your Way Home Loan Owner Occupier interest rates 

Principal and Interest repayments 

Get the best of both worlds with fixed and variable rate options.

Principal and Interest Interest Rate Comparison Rate
Basic Variable LVR up to 60% 6.09% p.a. 6.15% p.a.
Basic Variable LVR > 60% - 70% 6.29% p.a. 6.35% p.a.
Basic Variable LVR > 70% - 80% 6.29% p.a. 6.35% p.a.
Basic Variable LVR > 80% - 90% 6.59% p.a. 6.66% p.a.
Basic Variable LVR > 90% 6.94% p.a. 7.01% p.a.
1 Year Fixed 6.49% p.a. 6.20% p.a.
2 Year Fixed 6.59% p.a. 6.25% p.a.
3 Year Fixed 6.69% p.a. 6.33% p.a.
4 Year Fixed 6.79% p.a. 6.41% p.a.
5 Year Fixed 6.84% p.a. 6.49% p.a.
Variable Rollover 6.09% p.a. 6.15% p.a.
Standard Variable 8.49% p.a. 8.56% p.a.

Interest rates effective 1 June 2026 for new business only.

Interest Only repayments  

Available when you only want to pay the interest portion of your home loan. Construction is only available with a variable rate.

Interest Only Interest Rate Comparison Rate
Basic Variable LVR up to 60% 6.34% p.a. 6.26% p.a.
Basic Variable LVR > 60% - 70% 6.54% p.a. 6.46% p.a.
Basic Variable LVR > 70% - 80% 6.54% p.a. 6.46% p.a.
Basic Variable LVR > 80% - 90% 6.84% p.a. 6.76% p.a.
Basic Variable LVR > 90% 7.19% p.a. 7.11% p.a.
1 Year Fixed 6.74% p.a. 6.22% p.a.
2 Year Fixed 6.84% p.a. 6.30% p.a.
3 Year Fixed 6.94% p.a. 6.39% p.a.
4 Year Fixed 7.04% p.a. 6.49% p.a.
5 Year Fixed 7.09% p.a. 6.58% p.a.
Variable Rollover N/A N/A
Standard Variable 8.74% p.a. 8.67% p.a.

Interest rates effective 1 June 2026 for new business only.

Loan to Value Ratio (LVR) is the ratio or money you borrow compared to the value of the property used as security, as determined by the Bank. LVR value is determined at time of origination only.

Information    
Purpose Owner occupied and construction  
Maximum Amount

Up to 90% of the property value prior to the capitalisation of Lenders Mortgage Insurance where the purpose is construction

Up to 95% of the property value including Lenders Mortgage Insurance where the purpose is not for construction

Up to 98% of the property value for loans under the Australian Government 5% Deposit Scheme (depending on scheme type)

  
Repayment type Principal and interest and Interest only  
Interest rate type Variable and/or fixed up to 5 years  
Interest calculated Daily, charged monthly  
Construction loan Yes – variable rate only  
Establishment fee $600  
Annual fee $0  
Additional repayments Yes – variable rate only  
Offset facility No  
Redraw Yes – fee free. Variable rate only  
Split loan Yes  
Top up Yes  

For full details of our fees, please review the Fees and Charges brochure.

 

View our range of Home Loan products

View our range of Calculators

View our range of Loan interest rates

Request a Home Loan Key Facts Sheet*

View the Target Market Determination for this product

Looking for a home loan with even more features?

Your Way Plus Owner Occupier Home Loan

Take advantage of a home loan with offset and much more with our package home loan.

Learn more »

  • Establishment fee waived (normally $600)
  • Flexibility to make additional repayments on variable rate loans and up to $10k per anniversary year on fixed rate loans
  • 100% offset benefit on balances across up to 8 eligible offset accounts, helping you pay down your loan faster
  • Available for first home loans
Var Rate P&I LVR up to 60% 6.09 % p.a. Interest rate 6.39 % p.a. Comparison rate

Not ready to apply but simply wish to make an enquiry?

Leave your details below and one of our consultants will be in touch.

 

All applications for credit are subject to our responsible lending criteria. Fees and Charges apply. You can find our Consumer Lending terms and conditions and Credit Card terms and conditions available online or from any of our offices.

Your privacy at the Bank is important to us. Please read our Privacy Framework along with our Privacy Notice and our Privacy Consent - Lending.

If you submit this form, the Bank may contact you about products and services we offer which may be of interest to you, unless you have opted out of receiving marketing communications. If you are not an existing member, and you do not take out the product or service this form relates to, the Bank will not use your personal information from this form for marketing purposes after 6 months from when you submit the form. For more information, please refer to our Privacy and Credit Reporting Policy. 

How to apply

Apply Online

Ready to apply or you simply want a conditional pre-approval? Get started online in under 10 minutes.

Phone

A home loan specialist will answer all your questions and help move your application along.

Mobile Banker

Our Mobile Bankers located in NSW can come to visit you at home, at work or wherever else is convenient for you.

Guides for home buying

Why choose Australian Mutual Bank?

  • 100% Customer owned

    On becoming a member of our bank, you're not just a customer, you're an owner!

  • Ethical banking

    The benefit of our members, society, and the planet drives everything we do

  • Friendly service

    Our number one goal is to give you the best overall banking experience we can

  • Safe and secure

    Eligible deposits are protected by the Financial Claims Scheme

 

Footnotes:

  • 1 Loan to Value Ratio (LVR) is the ratio of money you borrow compared to the value of the property used as security, as determined by the Bank.
  • 2 Comparison rate warning: Comparison rates quoted are based on $150,000 for a term of 25 years. Rates apply to secured loans only. 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 At the end of a Your Way Fixed rate period, the interest rate reverts to the applicable Your Way Variable Rollover rate with principal and interest repayments unless borrower selects another eligible product. For Your Way Plus fixed rate loans, the revert rate is also determined by the Loan to Value Ratio (LVR) at the commencement of the fixed rate period

* Request a Home Loan Key Facts Sheet. All applications are subject to Teachers Mutual Bank Limited normal lending criteria. Fees and charges, terms and conditions apply.

Membership Eligibility and Lending Criteria

Eligibility criteria apply to join Australian Mutual Bank. Fees and charges and lending criteria apply. Consumer lending terms and conditions available here.

Redraw Facility

Redraw is only available if borrowers have made additional repayments. If your loan has a redraw facility, you do not need to register to use the redraw facility on your loan account.

Lenders Mortgage Insurance

Lenders Mortgage Insurance, or LMI, insures the lender in the event that the borrower defaults on the mortgage. It does not insure the borrower. Borrowers must still meet lending eligibility criteria for both the lender and the LMI provide

Interest Only Loans

For interest only loans, repayments must be made monthly. Interest only repayments must revert to principal and interest upon completion of the interest only period.

Design and Distribution Obligations

The target market for this product will be found within the product’s Target Market Determination, available here.

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Australian Mutual Bank acknowledges the Traditional Owners and Custodians of the land where our office is located in Surry Hills, Sydney as the Gadigal people of the Eora Nation. We further acknowledge the Traditional Owners and Custodians of Country from where our members and employees reside.

We extend our deep respect to Elders, past and present, and emerging Community leaders for maintaining enduring connections that protect and care for Country for a sustainable future.

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Australian Mutual Bank is a division of Teachers Mutual Bank Limited.

For products and services, conditions, fees and charges apply. These may change or we may introduce new features or fees and charges in the future. Full details are available on this website or on request. Lending criteria apply to approval of credit products. This information is general in nature and does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement, before deciding. Unless otherwise specified, the products and services described on this website are available only in Australia from or through Teachers Mutual Bank Limited ABN 30 087 650 459 AFSL and Australian Credit Licence 238981.

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