Interest Only Home Loan

Own your home sooner with Teachers Mutual Bank.

Interest Only Variable Home Loan

Ideal for owner occupied purchases, vacant land and renovations.

  • 5.11%pa

    Interest rate - variable

  • 5.16%pa**

    Comparison rate - variable

  • $600

    Establishment Fee

  • $25k

    Minimum Amount

The smart choice for construction

Interest only variable loans are available to be used for owner occupied purchase, vacant land, renovations, or any acceptable purpose. This loan is suitable for construction purposes.


Find your local mobile lender

We know life gets busy. So when you don't have time to drop into your local office, you can contact one of our mobile lenders. From buying your first home to upgrading or refinancing, our experts are on call to help you find the home loan that's right for you.


**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.