Interest
6.19%p.a.
Comparison*
6.23%p.a.
Est. repayment
$3,059
LVR ≤60%
Teachers Mutual Bank Home Loan Rates
Teachers Mutual Bank lifted its variable home-loan rates by 0.25 percentage points from 8 October 2026, Ratesniffers records. Every lender's date is in the RBA rate pass-through tracker.
Tracked products
350
Variable product example
6.44%
A verified Teachers Mutual Bank product example is Your Way Basic Home Loan 70% - 80% LVR Owner Occupied P&I: 6.44% p.a. (6.48% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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 based on a loan of $150,000 over a term of 25 years.
Fixed product example
6.39%
A verified Teachers Mutual Bank product example is Your Way Plus 1 Year Fixed Owner Occupied 70% - 80% LVR P&I: 6.39% p.a. (6.71% comparison rate), 12-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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 based on a loan of $150,000 over a term of 25 years.
Variable example comparison
6.48%
A verified Teachers Mutual Bank product example is Your Way Basic Home Loan 70% - 80% LVR Owner Occupied P&I: 6.44% p.a. (6.48% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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 based on a loan of $150,000 over a term of 25 years.
Last updated
1 November 2026
Teachers Mutual Bank is a customer-owned bank serving the education sector, also operating UniBank, Firefighters Mutual Bank and Health Professionals Bank under one cooperative structure. Its Your Way Plus and Solutions Plus home loans add offset and redraw for sector members.
What are Teachers Mutual Bank home loan rates?
Ratesniffers compares Teachers Mutual Bank home loan products by comparison rate. A verified Teachers Mutual Bank product example is Your Way Basic Home Loan 70% - 80% LVR Owner Occupied P&I: 6.44% p.a. (6.48% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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 based on a loan of $150,000 over a term of 25 years. A verified Teachers Mutual Bank product example is Your Way Plus 1 Year Fixed Owner Occupied 70% - 80% LVR P&I: 6.39% p.a. (6.71% comparison rate), 12-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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 based on a loan of $150,000 over a term of 25 years. Compare Teachers Mutual Bank against the wider market on home loan rates, check the comparison rate used to rank the table, or model extra payments with the extra repayments calculator.
What is the lowest Teachers Mutual Bank home loan rate?
A verified Teachers Mutual Bank product example is Your Way Basic Home Loan 70% - 80% LVR Owner Occupied P&I: 6.44% p.a. (6.48% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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 based on a loan of $150,000 over a term of 25 years. A verified Teachers Mutual Bank product example is Your Way Plus 1 Year Fixed Owner Occupied 70% - 80% LVR P&I: 6.39% p.a. (6.71% comparison rate), 12-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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 based on a loan of $150,000 over a term of 25 years. These selected examples do not establish the lowest rate across every product or borrower scenario.
How many home loan products does Teachers Mutual Bank offer?
Ratesniffers currently tracks 350 Teachers Mutual Bank home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 60 that pass our data-quality checks on this page. Every rate is ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest products sit at the top.
Teachers Mutual Bank home loan rates at a glance
| Product type | Rate | Comparison rate | Max LVR |
|---|---|---|---|
| Variable Owner-occupier P&I | 6.19% p.a. | 6.23% p.a. | 60% |
| Variable Owner-occupier P&I | 6.19% p.a. | 6.47% p.a. | 60% |
| Variable Owner-occupier P&I | 6.44% p.a. | 6.48% p.a. | 70% |
| Variable Owner-occupier P&I | 6.44% p.a. | 6.48% p.a. | 80% |
| Variable Owner-occupier P&I | 6.44% p.a. | 6.48% p.a. | 98% |
| Fixed 1-year Owner-occupier P&I | 6.39% p.a. | 6.49% p.a. | 60% |
| Variable Owner-occupier interest-only | 6.49% p.a. | n/a | 60% |
| Variable Owner-occupier interest-only | 6.49% p.a. | n/a | 60% |
| Fixed 1-year Owner-occupier P&I | 6.49% p.a. | 6.26% p.a. | 95% |
| Fixed 1-year Owner-occupier P&I | 6.49% p.a. | 6.26% p.a. | 98% |
| Variable Investor P&I | 6.49% p.a. | 6.53% p.a. | 60% |
| Variable Investor P&I | 6.49% p.a. | 6.53% p.a. | 70% |
60 of 350 tracked Teachers Mutual Bank home loan products
Interest
6.19%p.a.
Comparison*
6.47%p.a.
Est. repayment
$3,059
LVR ≤60%
Interest
6.44%p.a.
Comparison*
6.48%p.a.
Est. repayment
$3,141
LVR 60 to 70%
Interest
6.44%p.a.
Comparison*
6.48%p.a.
Est. repayment
$3,141
LVR 70 to 80%
Interest
6.44%p.a.
Comparison*
6.48%p.a.
Est. repayment
$3,141
LVR ≤98%
Interest
6.39%p.a.
Comparison*
6.49%p.a.
Est. repayment
$3,124
LVR ≤60%
Interest
6.49%p.a.
Comparison*
Not available
Est. interest only / month
$2,704
LVR ≤60%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.49%p.a.
Comparison*
Not available
Est. interest only / month
$2,704
LVR ≤60%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.49%p.a.
Comparison*
6.26%p.a.
Est. repayment
$3,157
LVR ≤95%
Interest
6.49%p.a.
Comparison*
6.26%p.a.
Est. repayment
$3,157
LVR ≤98%
Interest
6.49%p.a.
Comparison*
6.53%p.a.
Est. repayment
$3,157
LVR ≤60%
Interest
6.49%p.a.
Comparison*
6.53%p.a.
Est. repayment
$3,157
LVR 60 to 70%
Interest
6.49%p.a.
Comparison*
6.53%p.a.
Est. repayment
$3,157
LVR 70 to 80%
Interest
6.59%p.a.
Comparison*
Not available
Est. interest only / month
$2,746
LVR ≤60%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.59%p.a.
Comparison*
Not available
Est. interest only / month
$2,746
LVR ≤60%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.64%p.a.
Comparison*
Not available
Est. interest only / month
$2,767
LVR ≤60%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.64%p.a.
Comparison*
Not available
Est. interest only / month
$2,767
LVR 60 to 70%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.64%p.a.
Comparison*
Not available
Est. interest only / month
$2,767
LVR 70 to 80%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.64%p.a.
Comparison*
6.55%p.a.
Est. repayment
$3,207
LVR ≤95%
Interest
6.69%p.a.
Comparison*
Not available
Est. interest only / month
$2,788
LVR 60 to 70%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.69%p.a.
Comparison*
Not available
Est. interest only / month
$2,788
LVR 60 to 70%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.69%p.a.
Comparison*
Not available
Est. interest only / month
$2,788
LVR 60 to 70%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.69%p.a.
Comparison*
Not available
Est. interest only / month
$2,788
LVR 60 to 70%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.39%p.a.
Comparison*
6.71%p.a.
Est. repayment
$3,124
LVR 60 to 80%
Interest
6.39%p.a.
Comparison*
6.71%p.a.
Est. repayment
$3,124
LVR not stated
Teachers Mutual BankYour Way Plus 1 Year Fixed Owner Occupied >90% LVR P&I (5% Deposit Scheme)
1y FixedOffsetRedraw
Interest
6.39%p.a.
Comparison*
6.71%p.a.
Est. repayment
$3,124
LVR 90 to 98%
Interest
6.39%p.a.
Comparison*
6.71%p.a.
Est. repayment
$3,124
LVR 60 to 70%
Interest
6.39%p.a.
Comparison*
6.71%p.a.
Est. repayment
$3,124
LVR 70 to 80%
Interest
6.44%p.a.
Comparison*
6.72%p.a.
Est. repayment
$3,141
LVR 70 to 80%
Interest
6.44%p.a.
Comparison*
6.72%p.a.
Est. repayment
$3,141
LVR 70 to 80%
Teachers Mutual BankYour Way Plus Owner Occupied >90% LVR P&I (5% Deposit Scheme)
VariableOffsetRedraw
Interest
6.44%p.a.
Comparison*
6.72%p.a.
Est. repayment
$3,141
LVR 90 to 98%
Interest
6.44%p.a.
Comparison*
6.72%p.a.
Est. repayment
$3,141
LVR 60 to 70%
Interest
6.44%p.a.
Comparison*
6.72%p.a.
Est. repayment
$3,141
LVR 70 to 80%
Interest
6.74%p.a.
Comparison*
6.58%p.a.
Est. repayment
$3,240
LVR 60 to 80%
Interest
6.74%p.a.
Comparison*
6.58%p.a.
Est. repayment
$3,240
LVR not stated
Interest
6.74%p.a.
Comparison*
6.58%p.a.
Est. repayment
$3,240
LVR ≤60%
Interest
6.74%p.a.
Comparison*
Not available
Est. interest only / month
$2,808
LVR ≤95%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.49%p.a.
Comparison*
6.77%p.a.
Est. repayment
$3,157
LVR 70 to 80%
Interest
6.49%p.a.
Comparison*
6.77%p.a.
Est. repayment
$3,157
LVR 70 to 80%
Interest
6.49%p.a.
Comparison*
6.77%p.a.
Est. repayment
$3,157
LVR ≤60%
Interest
6.49%p.a.
Comparison*
6.77%p.a.
Est. repayment
$3,157
LVR 60 to 70%
Interest
6.49%p.a.
Comparison*
6.77%p.a.
Est. repayment
$3,157
LVR 70 to 80%
Interest
6.54%p.a.
Comparison*
6.77%p.a.
Est. repayment
$3,174
LVR 60 to 80%
Interest
6.54%p.a.
Comparison*
6.77%p.a.
Est. repayment
$3,174
LVR not stated
Interest
6.54%p.a.
Comparison*
6.77%p.a.
Est. repayment
$3,174
LVR ≤60%
Interest
6.54%p.a.
Comparison*
6.77%p.a.
Est. repayment
$3,174
LVR 60 to 70%
Interest
6.54%p.a.
Comparison*
6.77%p.a.
Est. repayment
$3,174
LVR 70 to 80%
Teachers Mutual BankYour Way Plus 2 Year Fixed Owner Occupied >90% LVR P&I (5% Deposit Scheme)
2y FixedOffsetRedraw
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Est. repayment
$3,240
LVR 90 to 98%
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Est. repayment
$3,240
LVR 60 to 70%
Interest
6.74%p.a.
Comparison*
6.78%p.a.
Est. repayment
$3,240
LVR 70 to 80%
Interest
6.64%p.a.
Comparison*
6.79%p.a.
Est. interest only / month
$2,767
LVR 60 to 80%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.64%p.a.
Comparison*
6.79%p.a.
Est. interest only / month
$2,767
LVR not stated
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.79%p.a.
Comparison*
Not available
Est. interest only / month
$2,829
LVR ≤60%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.79%p.a.
Comparison*
Not available
Est. interest only / month
$2,829
LVR 60 to 70%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.79%p.a.
Comparison*
Not available
Est. interest only / month
$2,829
LVR 70 to 80%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.79%p.a.
Comparison*
Not available
Est. interest only / month
$2,829
LVR 70 to 80%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.79%p.a.
Comparison*
Not available
Est. interest only / month
$2,829
LVR 70 to 80%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.79%p.a.
Comparison*
Not available
Est. interest only / month
$2,829
LVR 70 to 80%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.79%p.a.
Comparison*
Not available
Est. interest only / month
$2,829
LVR 70 to 80%
Based on a $500,000 balance
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Interest
6.69%p.a.
Comparison*
6.81%p.a.
Est. repayment
$3,223
LVR 60 to 80%
*Important Information and Comparison Rate Warning
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 based on a loan of $150,000 over a term of 25 years.
The information provided on this site is general in nature and does not take into account your objectives, financial situation or needs. Before acting on any information, consider whether it is appropriate for you and read the relevant Credit Guide and lender disclosures.
Teachers Mutual Bank home loan repayment calculator
The starting interest input uses this selected Teachers Mutual Bank product example: Your Way Basic Home Loan 70% - 80% LVR Owner Occupied P&I: 6.44% p.a. (6.48% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. Change the loan amount, rate or term to model your own mortgage. Repayments are principal and interest estimates, assume the entered rate remains unchanged, and exclude fees. Changes to these inputs do not establish product eligibility or approval.
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 based on a loan of $150,000 over a term of 25 years.
The amount you want to borrow.
Use the interest rate, not the comparison rate. Change it to model an actual offer or your own scenario.
Use the term in your offer or choose the number of years to model.
Monthly repayment
$3,141
Fortnightly repayment
$1,450
Total interest
$630,629
30 years at 6.44% (P&I)
For a fuller model, use the repayment calculator, see how extra payments change the balance with the extra repayments calculator, or check what you can borrow with the borrowing power calculator.
Who is Teachers Mutual Bank?
Teachers Mutual Bank has served the education sector since 1966. Membership is open to people who work, have worked or are studying in education, plus their immediate families, and in May 2026 it completed a merger with Australian Mutual Bank, lifting the group to over $14.2 billion in assets.
The wider Teachers Mutual Bank Ltd group also operates UniBank, Health Professionals Bank and Firefighters Mutual Bank as profession-based brands on the same licence, all customer-owned.
Who suits a Teachers Mutual Bank home loan?
Teachers Mutual Bank tends to suit teachers and education staff who want a customer-owned lender that understands their pay structures, including allowances and part-time loads. Mutual pricing is often sharp for the sector, but compare its comparison rate against the whole market in the table above.
Background facts checked 3 September 2026. Rates above refresh independently.
Teachers Mutual Bank fees, offset and limits at a glance
- Application or establishment fee
- $0
- Discharge fee
- $250
- Settlement fee
- $250
- Additional valuation fee
- $0
- Rate lock fee
- 0.10% of the loan amount
- Loan portability
- $200 security variation fee. At cost for discharge, title searches, registration and transfers
- Offset account
- 100% offset available on up to 8 eligible linked offset accounts.…
- Minimum offset balance
- No min balance
- Lenders mortgage insurer
- Helia
- Capitalising LMI
- LMI can be capitalised to loan.
- Maximum total lending
- $5m total aggregate per borrower
- Extra repayments on fixed
- Your Way Fixed Home Loan, no additional repayments permitted.…
- When the fixed rate is locked
- Rate is locked for 90 days from date of application if rate lock is selected
Checked 8 Oct 2026. Lender fees and policy change without notice, so confirm the detail with the lender before you apply.
Sources checked 3 September 2026: Teachers Mutual Bank Ltd, About us.
Teachers Mutual Bank home loans: frequently asked questions
What are Teachers Mutual Bank home loan rates?
Ratesniffers compares Teachers Mutual Bank home loan products by comparison rate. A verified Teachers Mutual Bank product example is Your Way Basic Home Loan 70% - 80% LVR Owner Occupied P&I: 6.44% p.a. (6.48% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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 based on a loan of $150,000 over a term of 25 years. A verified Teachers Mutual Bank product example is Your Way Plus 1 Year Fixed Owner Occupied 70% - 80% LVR P&I: 6.39% p.a. (6.71% comparison rate), 12-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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 based on a loan of $150,000 over a term of 25 years. Compare Teachers Mutual Bank at /home-loans. The /guides/comparison-rate explains the fee-inclusive figure used to rank the table. To model extra payments, use /calculators/extra-repayment.
What is the lowest Teachers Mutual Bank home loan rate?
A verified Teachers Mutual Bank product example is Your Way Basic Home Loan 70% - 80% LVR Owner Occupied P&I: 6.44% p.a. (6.48% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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 based on a loan of $150,000 over a term of 25 years. A verified Teachers Mutual Bank product example is Your Way Plus 1 Year Fixed Owner Occupied 70% - 80% LVR P&I: 6.39% p.a. (6.71% comparison rate), 12-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. 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 based on a loan of $150,000 over a term of 25 years. These selected examples do not establish the lowest rate across every product or borrower scenario.
What is the monthly repayment on a $600,000 Teachers Mutual Bank home loan?
For a hypothetical $600,000 principal-and-interest loan over 30 years, keeping this variable interest rate unchanged gives about $3,769 a month before fees. The selected source example is Your Way Basic Home Loan 70% - 80% LVR Owner Occupied P&I: 6.44% p.a. (6.48% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. Variable rates can change; this calculation does not establish eligibility or approval. 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 based on a loan of $150,000 over a term of 25 years. Use /calculators/repayment to model your own amount and term.
How much do you need to earn for a $500,000 Teachers Mutual Bank home loan?
There is no single salary requirement for a Teachers Mutual Bank home loan. The lender assesses income, expenses, debts and repayment capacity. APRA's residential mortgage framework generally requires governed authorised deposit-taking institutions to apply a minimum 3 percentage point buffer above the payable interest rate, ignoring temporary introductory discounts, with prudent limited policy exceptions. This does not establish Teachers Mutual Bank's actual assessment rate or approval criteria. Confirm the applicable lender policy and use /calculators/income-required for an illustrative estimate, not approval.
How does Teachers Mutual Bank's home loan rate compare to the market?
A verified Teachers Mutual Bank product example is Your Way Basic Home Loan 70% - 80% LVR Owner Occupied P&I: 6.44% p.a. (6.48% comparison rate), variable, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. Across 30 covered listed lenders, the median advertised interest rate of one selected owner-occupier principal-and-interest variable example per lender at 80% LVR is 6.44% p.a., as of 20 October 2026. This describes those selected examples, not the whole market or rates approved for borrowers. 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 based on a loan of $150,000 over a term of 25 years.
How many home loan products does Teachers Mutual Bank offer?
Ratesniffers currently tracks 350 Teachers Mutual Bank home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 60 that pass our data-quality checks on this page. Every rate is checked daily against each lender's current published pricing and ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest loans sit at the top.
Is Teachers Mutual Bank competitive for refinancing?
Compare Teachers Mutual Bank's available product conditions and total costs with your existing loan. A listed rate does not establish refinance eligibility. Allow for discharge, establishment and any fixed-loan early repayment costs, and confirm applicable lender terms before switching. Compare the table with /home-loans/refinance.
How often are Teachers Mutual Bank's home loan rates updated?
Ratesniffers refreshes Teachers Mutual Bank's home loan rates daily; this page was last updated 1 November 2026. Rates can change whenever Teachers Mutual Bank reprices or the RBA moves the cash rate, so the figures shown reflect the most recent data we hold rather than a static snapshot.