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Review by
Marc Terrano is a lead publisher and growth marketer at Finder. He has previously worked at Finder as a publisher for frequent flyer points and home loans, and as a writer, podcast host and content marketer. Marc has a Bachelor of Communications (Journalism) from the University of Technology Sydney. He’s passionate about creating honest and simple reviews and comparisons to help everyone get value for money.
The Teachers Mutual Bank Interest-Only Home Loan comes with no monthly fees, a repayment pause option and a portability feature. You can also choose either a fixed or variable interest rate.
You can also use this loan to build a home or if you are an investor however for investors the maximum loan-to-value ratio is 70%.
If you'd like to find out more about the Teachers Mutual Bank Interest-Only Home Loan, click on the "Go to site" link to be redirected to the Teachers Mutual Bank website. Here, you can enquire with a Teachers Mutual Bank representative to discuss your eligibility.
You'll need to offer the following information:
The Teachers Mutual Bank Interest-Only Home Loan offers a low interest rate of 4.52% p.a. combined with useful features such as a 100% offset account, a portability feature and a split loan option. This home loan is suited to an owner-occupied purchase, vacant land and renovations.
Before you apply for this home loan, compare different home loans on the market to ensure that it satisfies your borrowing needs.