Helping every day Australians get a better deal by providing a quick and easy way to help compare their current home loan interest rate and see if they could be better off.
We’re excited to announce a new online tool now available on our website! Australian Mutual Bank has recently added the RateCity Home Loan Comparison tool which can be viewed on these Home Loan product pages:
As inflation continues to put pressure on Australian households, financial stress has become an increasing concern as some homeowners struggle with higher home interest rates. Home loan interest rates in the past have been low with many borrowers opting to take advantage of this by fixing their home loan. When these fixed periods finish, some borrowers may find themselves shopping around for the best interest rate. Other mortgage holders may simply find their household budgets are impacted due to increasing interest rates and have a growing concern on their capacity to keep up with larger repayment amounts.
For those looking for a better deal, the RateCity Home Loan Comparison tool helps borrowers compare our home loan interest rates against the Big 4 Banks to see how much money could be saved over the life of their loan.
The useful tool provides a quick glance solution on comparable home loans, offering fee comparisons, potential monthly savings, and an approximate monthly repayment amount to see if switching their home loan could help them pay their mortgage off sooner.
If you would like more information about refinancing or want to speak to someone about finding the right home loan for you, Australian Mutual Bank has a range of flexible loans, with competitive fixed and variable loan options, as well as a team of dedicated loans specialists with whom you can discuss your needs. Simply give our team a call on 13 61 91 or contact us here.
Powered by RateCity.com.au ACN 122 743 542. See RateCity's FSCG
*The comparison rate is based on a loan of $150,000 over a 25 year term. 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. RateCity Australian Credit Licence 316710. * Total savings and monthly savings calculation may consider the advertised rate (fixed rate during fixed term switching to the revert rate after the fixed term is over) + upfront fees + discharge fees + ongoing fees.
All loan applications are subject to Australian Mutual Bank Ltd normal lending criteria. Fees and charges, terms and conditions apply.
