Teachers Mutual Bank Fixed Option Home Loan

The details shown below are for an owner occupier taking out a principal & interest loan between $25,000 and $5,000,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan between $25,000 and $5,000,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $25,000 and $5,000,000 with an LVR below 70%

The details shown below are for an investor taking out a interest only loan between $25,000 and $5,000,000 with an LVR below 70%

Choose the version of loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan: $25,000 $5,000,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $25,000 $5,000,000

  • Investor (Principal & Interest)

    LVR < 70%

    Loan: $25,000 $5,000,000

  • Investor (Interest Only)

    LVR < 70%

    Loan: $25,000 $5,000,000

3.98% p.a.

4.89% p.a.

$0.00

Teachers Mutual Bank Fixed Option Home Loan

3.98% p.a.

4.89% p.a.

$0.00

4.50% p.a.

5.18% p.a.

$0.00

Teachers Mutual Bank Fixed Option Home Loan

4.50% p.a.

5.18% p.a.

$0.00

4.40% p.a.

5.01% p.a.

$0.00

Teachers Mutual Bank Fixed Option Home Loan

4.40% p.a.

5.01% p.a.

$0.00

5.00% p.a.

5.31% p.a.

$0.00

Teachers Mutual Bank Fixed Option Home Loan

5.00% p.a.

5.31% p.a.

$0.00

Details

Rates and fees information correct as at 18 November 2018. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 3.87% (5.09%*)

  • 3.88% (4.97%*)

  • 3.98% (4.89%*)

  • 4.36% (4.93%*)

  • 4.49% (4.93%*)

  • (*)

  • (*)

  • 5.16% p.a.

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • none

  • $0.00

  • $75.00

Other financial bits
  • $25,000

  • $5,000,000

  • none

  • 95.00%

Features
  • Weekly, Fortnightly, Monthly

  • no

  • no

  • no

  • none

  • yes

  • yes

  • Legal fee payable at cost

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 18 November 2018. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.44% (5.32%*)

  • 4.38% (5.23%*)

  • 4.50% (5.18%*)

  • 4.76% (5.20%*)

  • 4.89% (5.21%*)

  • (*)

  • (*)

  • 5.36% p.a.

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • none

  • $0.00

  • $75.00

Other financial bits
  • $25,000

  • $5,000,000

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • no

  • no

  • no

  • none

  • yes

  • yes

  • Legal fee payable at cost

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 18 November 2018. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.14% (5.11%*)

  • 4.23% (5.04%*)

  • 4.40% (5.01%*)

  • 4.68% (5.04%*)

  • 4.81% (5.06%*)

  • (*)

  • (*)

  • 5.16% p.a.

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • none

  • $0.00

  • $75.00

Other financial bits
  • $25,000

  • $5,000,000

  • none

  • 70.00%

Features
  • Weekly, Fortnightly, Monthly

  • no

  • no

  • no

  • none

  • yes

  • yes

  • Legal fee payable at cost

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 18 November 2018. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.74% (5.35%*)

  • 4.83% (5.31%*)

  • 5.00% (5.31%*)

  • 5.28% (5.38%*)

  • 5.41% (5.43%*)

  • (*)

  • (*)

  • 5.36% p.a.

Fees
  • $600.00

  • $0.00

  • $0.00

  • $150.00

  • none

  • $0.00

  • $75.00

Other financial bits
  • $25,000

  • $5,000,000

  • none

  • 70.00%

Features
  • Weekly, Fortnightly, Monthly

  • no

  • no

  • no

  • none

  • yes

  • yes

  • Legal fee payable at cost

  • none

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Customer Reviews

How are Teachers Mutual Bank home loans rated by the Mozo community?

Overall customer rating
8.7/10
Price
8.5/10
Features
8.0/10
Customer service
8.6/10
Convenience
7.7/10
Trust
8.7/10

Latest reviews of Teachers Mutual Bank Fixed Option Home Loan

  • Overall
    8/10
    Competitive products and amazing customer services

    Good service and products.

    Good service and products.

    Price
    6/10
    Features
    7/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    9/10

    V | Queensland

    reviewed almost 3 years ago

  • Overall
    10/10
    Excellent service; great rates.

    I have been with this bank for nearly 40 years and they consistently provide very competitive...

    I have been with this bank for nearly 40 years and they consistently provide very competitive rates and a high level of service.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Susan | New South Wales

    reviewed about 3 years ago

  • Overall
    10/10
    Good rate and great service

    TMBank is the bank provider with very low interest.

    TMBank is the bank provider with very low interest.

    Price
    8/10
    Features
    8/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    10/10

    Jone | Northern Territory

    reviewed over 3 years ago

  • Overall
    9/10
    Great rates and customer service

    Very happy with the customer service and competitive rates with this bank, who have allowed me to...

    Very happy with the customer service and competitive rates with this bank, who have allowed me to purchase my first home at age 26. Flexible options mean I can have a partly fixed and partly variable loan for both security and taking advantage of changes in the rates. Really easy and the whole thing went smoothly - apparently a rare occurrence for buying property so I consider myself very lucky.

    Price
    9/10
    Features
    10/10
    Customer service
    9/10
    Convenience
    9/10
    Trust
    9/10

    Erin | New South Wales

    reviewed about 4 years ago

  • Overall
    5/10
    Competitive rates but customer focus not there

    The Teachers Mutual Bank (ye old Teachers Credit Union) do provide loan products that are...

    The Teachers Mutual Bank (ye old Teachers Credit Union) do provide loan products that are competitive.In saying this it takes almost a month for any interest cuts to be reflected on mortgages and policy in reducing rates inline with RBA announcements is in-line with other lenders. Unfortunately I have found many little but consistent issues that are reflecting growth which may create strength but is taking away the personalised and individuaised service once experienced in the past. For general insurance products, whilst convenient, it is my experience they are dearer and frankly their insurance partner has not supported the bank in the way I would expect. Hence I once had most insurance products with The Teachers Mutual Bank and I now have none. I find myself reluctant to change lenders however each day I find my loyalty being erroded to the point I have had a broker assess my other options. It's not too late and I truly hope issues can be resolved so I can stay with The Teachers Mutual Bank.

    Price
    7/10
    Features
    6/10
    Customer service
    2/10
    Convenience
    2/10
    Trust
    2/10

    Rod | New South Wales

    reviewed over 6 years ago

Teachers Mutual Bank

About Teachers Mutual Bank

Teachers Mutual Bank (formerly Teachers Credit Union) offers its members a competitive range of personal banking and insurance products. They "Put you first" by offering a range of Home Loans, Credit Cards and day to day bank and savings accounts. Teachers Mutual Bank is focussed on the education community and their families so to join the Teachers Mutual Bank bank you must be a teacher, lecturer or instructor at a school, TAFE or university or a student studying education.

See Teachers Mutual Bank home loans

Promoted

loans.com.au

loans.com.au

Essentials Variable

3.64% p.a. variable

3.66% p.a.

$520

Promoted

HSBC

HSBC

Home Value Loan

3.59% p.a. variable

3.61% p.a.

$150

Promoted

State Custodians

State Custodians

Low Rate Home Loan with Offset

3.68% p.a. variable

3.69% p.a.

$0

Promoted

Bank Australia

Bank Australia

Basic Home Loan

3.65% p.a. variable

3.66% p.a.

$0

Promoted

Well Home Loans

Well Home Loans

Well Balanced

3.49% p.a. variable

3.53% p.a.

$600

Promoted

Virgin Money

Virgin Money

Reward Me Variable Rate Home Loan

3.68% p.a. variable

3.82% p.a.

$150

Promoted

Newcastle Permanent

Newcastle Permanent

Variable Home Loan (Premium Plus Package)

3.72% p.a. variable

4.12% p.a.

$0

Promoted

Homestar

Homestar

Variable Rate Loan

3.54% p.a. variable

3.59% p.a.

$567

Promoted

loans.com.au

loans.com.au

Essentials Variable

3.64% p.a.

3.66% p.a.

$520

Promoted

State Custodians

State Custodians

Low Rate Home Loan with Offset

3.68% p.a.

3.69% p.a.

$0

Promoted

Newcastle Permanent

Newcastle Permanent

Variable Home Loan (Premium Plus Package)

3.82% p.a.

4.22% p.a.

$0

Promoted

HSBC

HSBC

Home Value Loan

3.59% p.a.

3.61% p.a.

$150

Promoted

Well Home Loans

Well Home Loans

Well Balanced

3.49% p.a.

3.53% p.a.

$600

Promoted

Homestar

Homestar

Variable Rate Loan

3.54% p.a.

3.59% p.a.

$567

Promoted

Bank Australia

Bank Australia

Basic Home Loan

3.65% p.a.

3.66% p.a.

$0

Promoted

UBank

UBank

UHomeLoan - Offer

3.59% p.a.

3.59% p.a.

$0

Promoted

UBank

UBank

UHomeLoan (Fixed)

3.74% p.a.
fixed 3 years

4.01% p.a.

$395

Promoted

loans.com.au

loans.com.au

Smart Loan Fixed (Package)

3.99% p.a.
fixed 3 years

4.31% p.a.

$520

Promoted

Newcastle Permanent

Newcastle Permanent

Fixed Rate Home Loan

3.99% p.a.
fixed 3 years

4.82% p.a.

$0

Promoted

Virgin Money

Virgin Money

Reward Me Fixed Rate Home Loan

3.87% p.a.
fixed 3 years

4.02% p.a.

$150

Promoted

NAB

NAB

Tailored Home Loan (Fixed, Choice Package)

3.99% p.a.
fixed 3 years

4.86% p.a.

$0

Promoted

Bank Australia

Bank Australia

Basic Home Loan (Fixed)

3.89% p.a.
fixed 3 years

3.91% p.a.

$0

Promoted

Beyond Bank

Beyond Bank

Fixed Rate Total Home Loan (Package)

3.83% p.a.
fixed 3 years

4.89% p.a.

$0

Promoted

bcu

bcu

Fixed Rate Home Loan

3.90% p.a.
fixed 3 years

4.78% p.a.

$600

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.