{ "source": "https://ob.tmbl.com.au/ambank/cds-au/v1/banking/products/2dc3bfb8-1e71-11f1-90d0-325096b39f47", "note": "Product Reference Data published by the data holder under the Consumer Data Right, as cached by this site (refreshed every 6 hours).", "data": { "productId": "2dc3bfb8-1e71-11f1-90d0-325096b39f47", "lastUpdated": "2026-07-12T19:08:22.000+10:00", "productCategory": "RESIDENTIAL_MORTGAGES", "name": "Your Way Plus Interest Only Home Loan", "description": "Get flexibility for your home loan PLUS take advantage of our package benefits with special low rates Interest Only option and much more.", "brand": "AMB", "brandName": "Australian Mutual Bank", "applicationUri": "https://aip.homeloan.australianmutual.bank/home", "isTailored": false, "additionalInformation": { "overviewUri": "https://australianmutual.bank/loans/home-loans/your-way-plus-owner-occupier-home-loan/", "termsUri": "https://australianmutual.bank/loans/home-loans/your-way-plus-owner-occupier-home-loan/", "eligibilityUri": "https://australianmutual.bank/loans/home-loans/your-way-plus-owner-occupier-home-loan/", "feesAndPricingUri": "https://australianmutual.bank/media/5545/op00141-tmbl-0426-feeschargesbroch-fa1.pdf" }, "features": [ { "featureType": "OTHER", "additionalInfo": "Redraw available" }, { "featureType": "OTHER", "additionalInfo": "Additional repayments available" }, { "featureType": "OTHER", "additionalInfo": "Ability to split loan" }, { "featureType": "OTHER", "additionalInfo": "Ability to switch loan" }, { "featureType": "REDRAW", "additionalInfo": "A fee free redraw facility to access additional repayments you've made. Redraw is subject to application and registration." }, { "featureType": "DIGITAL_BANKING", "additionalInfo": "24/7 access via internet banking, mobile app, phone banking" }, { "featureType": "OTHER", "additionalInfo": "Borrow up to 90% of the property value prior to capitalisation of Lenders Mortgage Insurance" }, { "featureType": "OTHER", "additionalInfo": "Discounted Variable rates for life of the loan" }, { "featureType": "OTHER", "additionalInfo": "PLUS 100% offset" }, { "featureType": "OFFSET", "additionalInfo": "PLUS establishment, valuation and top up fees waived" }, { "featureType": "OTHER", "additionalInfo": "PLUS annual fee waived for essential worker first home buyers" }, { "featureType": "COMPLEMENTARY_PRODUCT_DISCOUNTS", "additionalInfo": "PLUS personal loan application fees waived" }, { "featureType": "OTHER", "additionalInfo": "Ability to Top Up" } ], "constraints": [ { "constraintType": "MIN_LIMIT", "additionalValue": "150000.00", "additionalInfo": "Minimum loan amount is $150,000." }, { "constraintType": "MIN_LVR", "additionalValue": "0.00", "additionalInfo": "Minimum LVR is 0%" }, { "constraintType": "MAX_LVR", "additionalValue": "98.00", "additionalInfo": "Maximum LVR is 98%" } ], "eligibility": [ { "eligibilityType": "OTHER", "additionalInfo": "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.", "additionalInfoUri": "https://australianmutual.bank/forms/tmbl/membership-application/" }, { "eligibilityType": "RESIDENCY_STATUS", "additionalValue": "Individuals must be citizens of permanent residents of Australia.", "additionalInfoUri": "https://australianmutual.bank/forms/tmbl/membership-application/" }, { "eligibilityType": "NATURAL_PERSON" }, { "eligibilityType": "MIN_AGE", "additionalValue": "18", "additionalInfoUri": "https://australianmutual.bank/forms/tmbl/membership-application/" }, { "eligibilityType": "OTHER", "additionalInfo": "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." }, { "eligibilityType": "OTHER", "additionalInfo": "Borrower must have satisfied Package eligibility." } ], "fees": [ { "name": "ESTABLISHMENT_FEE", "feeType": "UPFRONT", "feeMethodUType": "fixedAmount", "fixedAmount": { "amount": "600.00" }, "currency": "AUD", "additionalInfo": "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.), 3 title searches and settlement attendance." }, { "name": "MORTGAGE_DISCHARGE", "feeType": "EXIT", "feeMethodUType": "fixedAmount", "fixedAmount": { "amount": "250.00" }, "currency": "AUD", "additionalInfo": "For preparation of discharge documentation on your written request. $250 in NSW and at cost in other states. At Cost." }, { "name": "LOAN_VARIATION_FEE", "feeType": "EVENT", "feeMethodUType": "fixedAmount", "fixedAmount": { "amount": "200.00" }, "currency": "AUD", "additionalInfo": "Payable when you apply to vary the terms of your loan. Payable when the variation is agreed between us." }, { "name": "LEGAL_FEES", "feeType": "UPFRONT", "feeMethodUType": "variable", "variable": { "feeMinimum": "0.00", "feeMaximum": "9999999.00" }, "currency": "AUD", "additionalInfo": "At cost. For third party professional services used in the preparation of non-standard documents. At Cost." }, { "name": "LENDERS_MORTGAGE_INSURANCE", "feeType": "UPFRONT", "feeMethodUType": "variable", "variable": { "feeMinimum": "0.00", "feeMaximum": "9999999.00" }, "currency": "AUD", "additionalInfo": "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." }, { "name": "LOAN_ADMINISTRATION_FEE", "feeType": "UPFRONT", "feeMethodUType": "fixedAmount", "fixedAmount": { "amount": "250.00" }, "currency": "AUD", "additionalInfo": "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." }, { "name": "COLLECTION_CHARGES", "feeType": "OTHER", "feeMethodUType": "variable", "variable": { "feeMinimum": "0.00", "feeMaximum": "9999999.00" }, "currency": "AUD", "additionalInfo": "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." }, { "name": "STAMP_DUTY", "feeType": "UPFRONT", "feeMethodUType": "variable", "variable": { "feeMinimum": "0.00", "feeMaximum": "9999999.00" }, "currency": "AUD", "additionalInfo": "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 scale. At Cost." }, { "name": "PACKAGE_FEE-HOME_LOANS", "feeType": "PERIODIC", "feeMethodUType": "fixedAmount", "fixedAmount": { "amount": "300.00" }, "currency": "AUD", "additionalValue": "P1Y", "additionalInfo": "Applicable for New loans after 1 August 2019. The package fee for your home loan will be debited from the nominated Everyday Direct account when your home loan is first approved and then on every anniversary thereafter until the end of your home loan." } ], "lendingRates": [ { "lendingRateType": "VARIABLE", "rate": "0.0634", "comparisonRate": "0.0647", "calculationFrequency": "P1D", "applicationType": "PERIODIC", "applicationFrequency": "P1M", "interestPaymentDue": "IN_ARREARS", "repaymentType": "INTEREST_ONLY", "loanPurpose": "OWNER_OCCUPIED", "tiers": [ { "name": "Variable LVR up to 60%", "unitOfMeasure": "PERCENT", "minimumValue": "0.001000", "maximumValue": "0.600000", "rateApplicationMethod": "WHOLE_BALANCE" } ], "additionalInfo": "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 and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different Comparison rate" }, { "lendingRateType": "VARIABLE", "rate": "0.0644", "comparisonRate": "0.0657", "calculationFrequency": "P1D", "applicationType": "PERIODIC", "applicationFrequency": "P1M", "interestPaymentDue": "IN_ARREARS", "repaymentType": "INTEREST_ONLY", "loanPurpose": "OWNER_OCCUPIED", "tiers": [ { "name": "Variable LVR >60%-70%", "unitOfMeasure": "PERCENT", "minimumValue": "0.601000", "maximumValue": "0.700000", "rateApplicationMethod": "WHOLE_BALANCE" } ], "additionalInfo": "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 and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different Comparison rate" }, { "lendingRateType": "VARIABLE", "rate": "0.0684", "comparisonRate": "0.0697", "calculationFrequency": "P1D", "applicationType": "PERIODIC", "applicationFrequency": "P1M", "interestPaymentDue": "IN_ARREARS", "repaymentType": "INTEREST_ONLY", "loanPurpose": "OWNER_OCCUPIED", "tiers": [ { "name": "Variable LVR >80%-90%", "unitOfMeasure": "PERCENT", "minimumValue": "0.801000", "maximumValue": "0.899999", "rateApplicationMethod": "WHOLE_BALANCE" } ], "additionalInfo": "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 and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different Comparison rate" }, { "lendingRateType": "VARIABLE", "rate": "0.0719", "comparisonRate": "0.0732", "calculationFrequency": "P1D", "applicationType": "PERIODIC", "applicationFrequency": "P1M", "interestPaymentDue": "IN_ARREARS", "repaymentType": "INTEREST_ONLY", "loanPurpose": "OWNER_OCCUPIED", "tiers": [ { "name": "Variable LVR >90%", "unitOfMeasure": "PERCENT", "minimumValue": "0.901000", "maximumValue": "0.980000", "rateApplicationMethod": "WHOLE_BALANCE" } ], "additionalInfo": "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 and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different Comparison rate" }, { "lendingRateType": "VARIABLE", "rate": "0.0654", "comparisonRate": "0.0667", "calculationFrequency": "P1D", "applicationType": "PERIODIC", "applicationFrequency": "P1M", "interestPaymentDue": "IN_ARREARS", "repaymentType": "INTEREST_ONLY", "loanPurpose": "OWNER_OCCUPIED", "tiers": [ { "name": "Variable LVR >70%-80%", "unitOfMeasure": "PERCENT", "minimumValue": "0.700001", "maximumValue": "0.800000", "rateApplicationMethod": "WHOLE_BALANCE" } ], "additionalInfo": "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 and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different Comparison rate" } ] } }