The Mutual BankBusiness Mortgage Loan
A loan for business purposes, secured by residential security.
At a glance
- Fixed
- 6.84%
- Variable
- 7.24%
- Loan size
- $200,000 to no maximum
How it compares
This business loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.
Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.
| Rate | This business loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 6.84% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 7th lowest of 47 |
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 6.84% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 7th lowest of 47 |
Rates
Every rate The Mutual Bank publishes for this business loan, 10 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedSpecial Offer Fixed Rate. LVR up to 79.99%. Minimum loan amount $100,000.00. | Investment, Interest only | 1 yr fixed | - | 6.84% | - | - |
| FixedStandard Fixed Rate. LVR up to 79.99%. Minimum loan amount $20,000.00. Interest margin may apply | Investment, Interest only | 1 yr fixed | - | 9.59% | - | - |
| FixedSpecial Offer Fixed Rate. LVR up to 79.99%. Minimum loan amount $100,000.00. | Investment, Interest only | 2 yrs fixed | - | 6.84% | - | - |
| FixedStandard Fixed Rate. LVR up to 79.99%. Minimum loan amount $20,000.00. Interest margin may apply. | Investment, Interest only | 2 yrs fixed | - | 9.59% | - | - |
| FixedSpecial Offer Fixed Rate. LVR up to 79.99%. Minimum loan amount $100,000.00. | Investment, Interest only | 3 yrs fixed | - | 6.94% | - | - |
| FixedStandard Fixed Rate. LVR up to 79.99%. Minimum loan amount $20,000.00. Interest margin may apply. | Investment, Interest only | 3 yrs fixed | - | 9.79% | - | - |
| VariableSpecial Offer Variable Rate. LVR 60% to 79.99%. Minimum loan amount $100,000.00. | Investment, Interest only | - | - | 7.24% | - | - |
| VariableSpecial Offer Variable Rate. LVR up to 59.99%. Minimum loan amount $100,000.00. | Investment, Interest only | - | - | 7.24% | - | - |
| VariableStandard Variable Rate. LVR 60% to 79.99%. Minimum loan amount $20,000.00. Interest margin may apply. | Investment, Interest only | - | - | 10.54% | - | - |
| VariableStandard Variable Rate. LVR up to 59.99%. Minimum loan amount $20,000.00. Interest margin may apply. | Investment, Interest only | - | - | 10.54% | - | - |
Fees
23 fees published, grouped by when they're charged.
While you hold it1
- COMMITMENT_FEE
Fee is charged on the unused portion of the facility limit. It is calculated daily from the date two months after the date of the Facility Offer until the facility is fully drawn.
1.50% of balance every 1 days
When you make a transaction9
- AGENTS_COSTS_COMM
Not ascertainable. Payable to us or our solicitor or their agent when they attend to the registration of a discharge of mortgage at your request or when an agent is required to attend a settlement, p…
Varies - BREAK_COSTS_COMMERCIAL_LOANS
Amount not ascertainable. May be payable to us when you are under thefixed rate option and, before the end of your fixed rate period, you convert to the variable rate option; or convert from one fixe…
Varies - INFORMATION_FEE_COMM
$1.00 per minute ($20.00 minimum fee). The fee will be calculated on the actual time spent retrieving and providing the information requested. Payable to us to provide information and that informatio…
$20 - LOAN_APPLICATION_FEE_COMM
Minimum Fee $250.00 - available at the time of the application.
$250 - LOAN/OVERDRAFT_SERVICE_FEE_COMM
Minimum fee $50.00 per quarter. Amount available on application. Fee is debited on your account quarterly in arrears on the last day of March, June, September and December.
$50 - PROGRESS_PAYMENT_FEE_COMM
Minimum $100 per progress payment. Payable when a progress payment is made on a building or construction loan.
$100 - RENEGOTIATION_FEE_COMMERCIAL_LOAN
Amount available on application. Payable to us whenever we agree to renegotiate or vary conditions on your loan other than altering interest rate options.
Varies - VALUATION_FEE_COMMERCIAL_LOANS_(PROGRESS_VALUATION)
Amount not ascertainable. Payable on building and constructions loans for progress valuation fees.
Varies - VALUATION_FEE_COMMERCIAL_LOANS
Valuation fees are available upon enquiry. Valuation Fees are payable in relation to each property to which a loan is secured, and may vary according to the location of the secured property.
Varies
When particular things happen13
- BREAK_COST_ADMINISTRATION_FEE_COMM
Payable to us in addition to Break Costs.
$300 - CHEQUE_ISSUING_FEE_COMM
Payable to us when a payment is made from your loan account by way of Financial Institution (FI) Cheque.
$2.50 - CONSENT_FEE_COMM
Per consent. Payable to us when you ask us to consent to leasing, subdividing or any other dealing in relation to the security property.
$200 - DEFAULT_ADMINISTRATION_FEE_COMM
Payable to us when you are in default because you have not (or a security provider has not) performed an obligation on time (including any obligation to pay money).
$50 - DISCHARGE_ADMINISTRATION_FEE_COMM
Per security. Payable to us each time we release a security.
$200 - DISHONOUR_FEE_COMM
Payable to us when a payment (such as a direct debit, salary deduction or cheque) is dishonoured.
$9 - DUPLICATE_FEE_COMM
Per copied document. Payable to us when we provide a copy of a document at your request.
$20 - DUPLICATE_STATEMENT_FEE_COMM
Payable to us when we provide a copy of a statement at your request.
$7 - PRODUCTION_FEE_COMM
Per document per production, plus any agents fees. Payable to us if we produce a document to the Land and Property Information division of the NSW Department of Lands or its equivalent in other juris…
$200 - ROLLOVER_FEE_COMM
Per rollover. Payable to us when a loan goes from one fixed rate period to another.
$200 - SECURITY_SUBSTITUTION_FEE_COMM
Per new security. Payable to us to substitute a new security for an existing one.
$300 - SETTLEMENT_FEE_COMM
Per settlement. Payable to us each time we or our solicitors attend settlement in connection with a security.
$150 - SWITCHING_FEE_COMM
Per switch. Payable to us to convert from one interest rate option to another on an existing loan or switch to another of our loan products.
$300
Features
- Variable and fixed interest rate options available
- Loan terms up to 20 years
- Available for bridging purposes
Eligibility and limits
- Minimum age 18
- Residency: Australian citizen or a permanent resident of Australia or otherwise approved
- Available to businesses
- Amount from $200,000, no maximum
- Maximum LVR 80%
- Secured by residential property only
- 'Special Offer' rates available for principal and interest loans with a minimum loan amount of $100,000.00 and an LVR of up to 80%
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Published by Maitland Mutual Limited under the Consumer Data Right, last changed by them on 14 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.