The Finance Algorithm
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Your Way Home Loan Investor

Flexibly structure and manage your investment home loan with Your Way Home Loan

Home loansBank updated 26 Oct 2026
Apply at Teachers Mutual Bank ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Variable (investor P&I)
6.39%
Max LVR
98%
Features
redraw, extra repayments

Rates

Every rate Teachers Mutual Bank publishes for this home loan, 7 in all.

Variable rate by LVR

Investment, principal and interest, the lowest rate published for each band of the loan's share of the property's value

  1. 0–60%6.39%
  2. 60–70%6.44%
  3. 70–80%6.49%
  4. 80–90%6.99%
  5. 0–95%6.49%
  6. 90–98%7.34%
Variable rate for the band
TypeApplies toTermBandRateComparisonConditions
VariableYour Way Basic Variable LVR up to 60%. Comparison rates quoted are based on $150,000 for a term of 25 years. Rates apply to secured loans only. WARNING: This Comparison rate is true only for the exam…Investment, P&I-0–60% LVR6.39%6.45%-
VariableWhen Your Way Fixed rate loan matures with no further rollover to another fixed rate period the loan reverts to Your Way Variable Rollover rateInvestment, P&I-0–95% LVR6.49%6.56%-
VariableYour Way Standard Variable. Comparison rates quoted are based on $150,000 for a term of 25 years. Rates apply to secured loans only. WARNING: This Comparison rate is true only for the examples given…Investment, P&I-0–95% LVR8.99%9.06%-
VariableYour Way Basic Variable LVR >60% - 70%. Comparison rates quoted are based on $150,000 for a term of 25 years. Rates apply to secured loans only. WARNING: This Comparison rate is true only for the exa…Investment, P&I-60–70% LVR6.44%6.50%-
VariableYour Way Basic Variable LVR >70% - 80%. Comparison rates quoted are based on $150,000 for a term of 25 years. Rates apply to secured loans only. WARNING: This Comparison rate is true only for the exa…Investment, P&I-70–80% LVR6.49%6.56%-
VariableYour Way Basic Variable LVR >80% - 90%. Comparison rates quoted are based on $150,000 for a term of 25 years. Rates apply to secured loans only. WARNING: This Comparison rate is true only for the exa…Investment, P&I-80–90% LVR6.99%7.06%-
VariableYour Way Basic Variable LVR >90%. Comparison rates quoted are based on $150,000 for a term of 25 years. Rates apply to secured loans only. WARNING: This Comparison rate is true only for the examples…Investment, P&I-90–98% LVR7.34%7.41%-

Rate changes

7 changes logged, newest first.

DateRateWasNowChange
27 Oct 2026Variable, Investment, P&I, 0–60% LVR6.49%6.39%down 0.10
27 Oct 2026Variable, Investment, P&I, 60–70% LVR6.49%6.44%down 0.05
9 Oct 2026Variable, Investment, P&I, 0–60% LVR6.24%6.49%up 0.25
9 Oct 2026Variable, Investment, P&I, 60–70% LVR6.24%6.49%up 0.25
9 Oct 2026Variable, Investment, P&I, 70–80% LVR6.24%6.49%up 0.25
9 Oct 2026Variable, Investment, P&I, 80–90% LVR6.74%6.99%up 0.25
9 Oct 2026Variable, Investment, P&I, 90–98% LVR7.09%7.34%up 0.25

Each change is logged the night it appears in the rates Teachers Mutual Bank publishes. See how every lender answered the RBA on the rate tracker.

Fees

13 fees published, grouped by when they're charged.

  1. When you take it outUp to $6007 fees, each listed below
  2. While you hold itNo fee published
  3. When you close it or pay it off$250MORTGAGE_DISCHARGE

When you take it out7

  • ESTABLISHMENT_FEE

    Fee includes the cost of preparing standard documents, 1 automated valuation model or desktop valuation (Please note: if a Full Valuation is required, the Fee for Full Valuation is a separate fee.),…

    $600
  • FEE_FOR_FULL_VALUATION

    A Full Valuation is where our external valuer physically attends the property to be mortgaged. The mortgage is our security for the loan. If we require a Full Valuation for more than one property, th…

    $0 to $400
  • LEGAL_FEES

    At cost. For third party professional services used in the preparation of non-standard documents. At Cost.

    $0 to $9,999,999
  • LENDERS_MORTGAGE_INSURANCE

    At cost. If you have less than the required deposit, we may ask you to pay Lender's Mortgage Insurance (LMI). LMI protects the bank in cases of default. The LMI premium is not a bank fee. At Cost.

    $0 to $9,999,999
  • LOAN_ADMINISTRATION_FEE

    Payable for the processing and assessing of your home loan application and the preparation of your loan. Payable at the time of settlement/funding of your loan.

    $250
  • REGISTRATION_FEE

    At cost. A government charge, payable if and when there is a need to register, transfer or discharge an interest on the Certificate of Title. At Cost.

    $0 to $9,999,999
  • STAMP_DUTY

    At cost. A government charge payable to State revenue office when we need to stamp your mortgage to accommodate credit provided under this contract at the amount payable under the relevant stamp duty…

    $0 to $9,999,999

When you make a transaction1

  • TITLE_SEARCH

    Fee applies for additional title searches that may be required in addition to those already included in the Establishment fee and Top up fee. At Cost.

    $1

When particular things happen3

  • ADDITIONAL_SECURITY_FEE

    Fee applies for each additional security taken.

    $120
  • DEFAULT_NOTICE_FEE

    Payable when we send you a default notice asking you to remedy a default under your credit contract.

    $25
  • LOAN_VARIATION_FEE

    Payable when you apply to vary the terms of your loan. Payable when the variation is agreed between us.

    $200

When you close it or pay it off1

  • MORTGAGE_DISCHARGE

    For preparation of discharge documentation on your written request. $250 in NSW and at cost in other states. At Cost.

    $250

Other fees1

  • COLLECTION_CHARGES

    At cost. Payable when we request an agent to assist our efforts to address defaults under your contract before we can commence legal action. At Cost.

    $0 to $9,999,999

Features

RedrawExtra repaymentsGuarantor optionDigital banking
  • Ability to split loan
  • Ability to switch in
  • Ability to Top Up
  • Borrow up to 90% of the property value prior to capitalisation of Lenders Mortgage Insurance
  • Flexible repayments

Eligibility and limits

  • Minimum age 18
  • Residency: Individuals must be citizens of permanent residents of Australia.
  • Available to individuals
  • Amount from $25,000, no maximum
  • Maximum LVR 98%
  • You must be a member. Membership is open to current or retired employees of the Australian education sector or family members of members (i.e. shareholders) of the Bank.
  • All applications for credit are subject to responsible lending criteria. Fees and charges apply. You can find our Consumer Lending terms and conditions online or from any of our offices.

Published by Teachers Mutual Bank under the Consumer Data Right, last changed by them on 26 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.