HomePersonal LoansTeachers Mutual BankAll Purpose Personal Loan

Teachers Mutual Bank All Purpose Personal Loan

The Teachers Mutual Bank All Purpose Personal Loan offers rates from 11.99% p.a. (12.14% p.a. comparison rate*). on loans of $4,000 to $80,000.


Updated 08 December 2023

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Expert Review

Teachers Mutual Bank All Purpose Personal Loan is an unsecured loan with a variable rate of 11.99% p.a. (12.14% p.a. comparison rate). You can borrow from $4,000 to $80,000. The loan term is 1-6 years. You pay an establishment fee of $100 with no ongoing fees per year.

This loan may be suitable if you’re looking to consolidate debt, renovate your house or go on that holiday you’ve been dreaming about. You can also redraw additional repayments made previously for added convenience and peace of mind.

Product Details
Fees

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$100 establishment fee

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$0 annual fee

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Early repayment fee may apply

Other fees may apply.

Rates

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Fixed rate of 11.99% p.a.

Loan Amount

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From $4,000 to $80,000

Loan Terms

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1, 2, 3, 4, 5 or 6 years

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Unsecured loan

Features

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Redraw extra repayments that you have made

TMD

Before applying for this product, you should read the Target Market Determination (TMD) available here on the Teachers Mutual Bank website.

More information
The comparison rates on this page are based on either a $30,000 loan over 5 years, or a $10,000 loan 3 years, as indicated with each rate. WARNING: This comparison rate applies only to the example given and may not include all fees and charges. Different terms, fees or loan amounts might result in different comparison rates.
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