Classic Home Loan
Interest rate $150,000+ (Owner Occupier)
Comparison rate $150,000+ (Owner Occupier)
Have it all with the new Classic Home Loan
We put you first with one of the lowest variable home loan rates in the market.
So now, you can have your home and your holiday while still enjoying the odd night out or occasional shopping spree.
- Available to owner occupiers only.
- Available for external refinances and new purchases only.
- Loan amounts from $150k to $1 million.
- No hidden or monthly fees.
- Fee free redraw facility.1
- Simple, easy application process.
- 24/7 access to online banking and banking on our mobile app anytime, anywhere.
- Borrow up to 85% of the property value excluding Lenders Mortgage Insurance.2
- Ability to add Lenders Mortgage Insurance and/or Mortgage Repayment Insurance to the loan amount
Compare home loans
Compare interest rates
Home loan repayments
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.
Please note: Mobile lenders are not available in all areas. To find out if we service your area, simply enter your postcode above.
**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.
The interest rates shown are for new business only and for Principal and Interest repayments. Existing borrowers can find out their current interest rate by checking their statement, accessing their loan account in internet banking or by contacting us.
Eligibility criteria apply to join Teachers Mutual Bank. Fees and charges and lending criteria apply. Consumer lending terms and conditions available here.
Credit Guide available here.
1. Redraw is subject to application and registration.
2. 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 provider.
Fine print—Allianz loan repayment insurance
Insurance products are issued by Allianz Australia Insurance Limited ABN 15 000 122 850 AFS License No. 234708 (Allianz). Disability and Unemployment cover are provided by Allianz Australia Insurance Limited AFS Licence No. 234708 ABN 15 000 122 850 (Allianz), Death Cover is provided by Allianz Australia Life Insurance Limited AFS Licence No. 296559 ABN 27 076 033 782 (Allianz Life). Allianz acts as Allianz Life's agent in offering Death Cover.
The Bank arranges this insurance as agent of the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFS Licence No. 234708 (Allianz). The Bank acts as an agent for Allianz and not your agent. Neither Teachers Mutual Bank Limited nor Allianz provide advice based on any consideration of your objectives, financial situation or needs. To decide if it is right for you please carefully read the relevant product disclosure statements for Allianz Loan Cover Insurance or Allianz Mortgage Repayment Insurance, available online or by contacting us. If you purchase this insurance, the Bank will receive a commission that is a percentage of the premium depending on the product. We also have an arrangement with a subsidiary company of Allianz to provide marketing, administrative and support services relating to Allianz insurance products in return for a share of aggregate profits from insurance policies (including CCI policies) issued by Allianz that we arrange. Ask us for more details before we provide you with any services on this product.