The Mutual Bank
Commercial Loan
A business loan for commercial purposes, secured by either commercial or residential property.
Business loansBank updated 30 June 2026
At a glance
- Variable
- 11.79%
- Loan size
- $20,000 to no maximum
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableLVR up to 69.99%. Interest margins may apply. | Investment · Interest only | — | — | 11.79% | — | — |
§ 02 — Fees · 23
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| AGENTS_COSTS_COMM | Cash advance | Varies | — | 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… |
| BREAK_COSTS_COMMERCIAL_LOANS | Cash advance | Varies | — | 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… |
| INFORMATION_FEE_COMM | Cash advance | $20 | — | $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… |
| LOAN_APPLICATION_FEE_COMM | Cash advance | $250 | — | Minimum Fee $250.00 - available at the time of the application. |
| LOAN/OVERDRAFT_SERVICE_FEE_COMM | Cash advance | $50 | — | 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. |
| PROGRESS_PAYMENT_FEE_COMM | Cash advance | $100 | — | Minimum $100 per progress payment. Payable when a progress payment is made on a building or construction loan. |
| RENEGOTIATION_FEE_COMMERCIAL_LOAN | Cash advance | Varies | — | Amount available on application. Payable to us whenever we agree to renegotiate or vary conditions on your loan other than altering interest rate options. |
| VALUATION_FEE_COMMERCIAL_LOANS_(PROGRESS_VALUATION) | Cash advance | Varies | — | Amount not ascertainable. Payable on building and constructions loans for progress valuation fees. |
| VALUATION_FEE_COMMERCIAL_LOANS | Cash advance | Varies | — | 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. |
| BREAK_COST_ADMINISTRATION_FEE_COMM | Event | $300 | — | Payable to us in addition to Break Costs. |
| CHEQUE_ISSUING_FEE_COMM | Event | $2.50 | — | Payable to us when a payment is made from your loan account by way of Financial Institution (FI) Cheque. |
| CONSENT_FEE_COMM | Event | $200 | — | Per consent. Payable to us when you ask us to consent to leasing, subdividing or any other dealing in relation to the security property. |
| DEFAULT_ADMINISTRATION_FEE_COMM | Event | $50 | — | 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). |
| DISCHARGE_ADMINISTRATION_FEE_COMM | Event | $200 | — | Per security. Payable to us each time we release a security. |
| DISHONOUR_FEE_COMM | Event | $9 | — | Payable to us when a payment (such as a direct debit, salary deduction or cheque) is dishonoured. |
| DUPLICATE_FEE_COMM | Event | $20 | — | Per copied document. Payable to us when we provide a copy of a document at your request. |
| DUPLICATE_STATEMENT_FEE_COMM | Event | $7 | — | Payable to us when we provide a copy of a statement at your request. |
| PRODUCTION_FEE_COMM | Event | $200 | — | 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… |
| ROLLOVER_FEE_COMM | Event | $200 | — | Per rollover. Payable to us when a loan goes from one fixed rate period to another. |
| SECURITY_SUBSTITUTION_FEE_COMM | Event | $300 | — | Per new security. Payable to us to substitute a new security for an existing one. |
| SETTLEMENT_FEE_COMM | Event | $150 | — | Per settlement. Payable to us each time we or our solicitors attend settlement in connection with a security. |
| SWITCHING_FEE_COMM | Event | $300 | — | 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. |
| COMMITMENT_FEE | Periodic | 1.50% of balance | Every 1 days | 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. |
§ 03 — Features
RedrawExtra repaymentsDigital banking
- · Variable and fixed interest rate options available. Fixed rates available on application
- · Loan terms up to 20 years
- · Available for bridging purposes
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Australian citizen or a permanent resident of Australia or otherwise approved
- · Available to businesses
- · Amount $20,000 to no maximum
- · Maximum LVR 70%
- · Secured by residential, commercial property, rural lifestyle
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Maitland Mutual Limited under the Consumer Data Right, last changed by them on 30 June 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.