Owner occupiers and investors after repayment certainty can lock in a rate for a fixed term starting from 1 year up to a period of 10 years. With a fixed home loan from Newcastle Permanent, there are plenty of opportunities to save money with no ongoing service fees and an extra repayments facility which allows you to make up to $25,000 in additional repayments each year. The fixed rate is available on loans starting from $5,000 and you can borrow up to 95% of a property’s value.
Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
---|---|---|---|---|---|
6.49% p.a. |
7.95% p.a. |
$0.00 |
$595 |
||
5.99% p.a. |
7.79% p.a. |
$0.00 |
$595 |
||
6.29% p.a. |
7.89% p.a. |
$0.00 |
$595 |
||
5.89% p.a. |
7.76% p.a. |
$0.00 |
$595 |
||
6.19% p.a. |
8.10% p.a. |
$0.00 |
$595 |
||
6.09% p.a. |
8.05% p.a. |
$0.00 |
$595 |
||
6.09% p.a. |
8.07% p.a. |
$0.00 |
$595 |
||
5.99% p.a. |
8.02% p.a. |
$0.00 |
$595 |
Newcastle Permanent have a great range of variable loan products suitable for a wide range of borrowers. You can borrow up to 95% of a property’s value and there is a choice between principal and interest or interest only payments. With a variable home loan from Newcastle Permanent, you’ll be able to make unlimited additional repayments whenever you can and take advantage of other flexible features such as repayment holidays and a redraw facility (fees may apply). To help you save on interest a partial offset account is available with most variable loans and there is a full offset account when you choose its Premium Variable Home Loan option.
Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
---|---|---|---|---|---|
8.59% p.a. |
8.37% p.a. |
$0.00 |
$595 |
||
8.10% p.a. |
8.15% p.a. |
$0.00 |
$595 |
||
9.21% p.a. |
8.95% p.a. |
$0.00 |
$595 |
||
8.72% p.a. |
8.72% p.a. |
$0.00 |
$595 |
||
8.99% p.a. |
9.21% p.a. |
$0.00 |
$595 |
||
8.50% p.a. |
8.55% p.a. |
$0.00 |
$595 |
||
7.14% p.a. |
6.98% p.a. |
$0.00 |
$595 |
||
6.24% p.a. |
6.16% p.a. |
$0.00 |
$595 |
||
6.79% p.a. |
6.83% p.a. |
$0.00 |
$595 |
||
6.04% p.a. |
6.08% p.a. |
$0.00 |
$595 |
||
8.89% p.a. |
8.69% p.a. |
$0.00 |
$595 |
||
8.44% p.a. |
8.49% p.a. |
$0.00 |
$595 |
||
9.06% p.a. |
9.06% p.a. |
$0.00 |
$595 |
||
9.29% p.a. |
9.34% p.a. |
$0.00 |
$595 |
||
8.84% p.a. |
8.89% p.a. |
$0.00 |
$595 |
||
7.19% p.a. |
7.06% p.a. |
$0.00 |
$595 |
||
6.49% p.a. |
6.39% p.a. |
$0.00 |
$595 |
||
6.89% p.a. |
6.94% p.a. |
$0.00 |
$595 |
||
6.24% p.a. |
6.29% p.a. |
$0.00 |
$595 |
Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
---|---|---|---|---|---|
6.39% p.a. |
7.71% p.a. |
$395.00 yearly |
$0 |
||
5.89% p.a. |
7.57% p.a. |
$395.00 yearly |
$0 |
||
6.19% p.a. |
7.65% p.a. |
$395.00 yearly |
$0 |
||
5.79% p.a. |
7.54% p.a. |
$395.00 yearly |
$0 |
||
6.09% p.a. |
7.86% p.a. |
$395.00 yearly |
$0 |
||
5.99% p.a. |
7.83% p.a. |
$395.00 yearly |
$0 |
||
5.99% p.a. |
7.83% p.a. |
$395.00 yearly |
$0 |
||
5.89% p.a. |
7.80% p.a. |
$395.00 yearly |
$0 |
There are two variable rate package loans from Newcastle Permanent including a discounted option available on loans of $150,000 or more and the premium plus package available on loans starting from $5,000. For a yearly service fee, you’ll be able to make use of a number of flexible features including an extra repayments facility, repayment holidays and an offset account. Redraws are fee free and you can choose a repayment frequency to match your pay cycle - weekly, fortnightly or monthly.
Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
---|---|---|---|---|---|
7.54% p.a. |
7.55% p.a. |
$395.00 yearly |
$0 |
||
6.55% p.a. |
6.60% p.a. |
$395.00 yearly |
$0 |
||
7.00% p.a. |
7.33% p.a. |
$395.00 yearly |
$0 |
||
6.09% p.a. |
6.43% p.a. |
$395.00 yearly |
$0 |
||
8.51% p.a. |
8.54% p.a. |
$395.00 yearly |
$0 |
||
8.46% p.a. |
8.49% p.a. |
$395.00 yearly |
$0 |
||
8.36% p.a. |
8.39% p.a. |
$395.00 yearly |
$0 |
||
8.31% p.a. |
8.34% p.a. |
$395.00 yearly |
$0 |
||
8.02% p.a. |
8.34% p.a. |
$395.00 yearly |
$0 |
||
7.97% p.a. |
8.29% p.a. |
$395.00 yearly |
$0 |
||
7.87% p.a. |
8.19% p.a. |
$395.00 yearly |
$0 |
||
7.82% p.a. |
8.14% p.a. |
$395.00 yearly |
$0 |
||
7.34% p.a. |
7.59% p.a. |
$395.00 yearly |
$0 |
||
6.48% p.a. |
6.68% p.a. |
$395.00 yearly |
$0 |
||
7.24% p.a. |
7.56% p.a. |
$395.00 yearly |
$0 |
||
6.28% p.a. |
6.62% p.a. |
$395.00 yearly |
$0 |
||
8.61% p.a. |
8.67% p.a. |
$395.00 yearly |
$0 |
||
8.66% p.a. |
8.72% p.a. |
$395.00 yearly |
$0 |
||
8.76% p.a. |
8.82% p.a. |
$395.00 yearly |
$0 |
||
8.81% p.a. |
8.87% p.a. |
$395.00 yearly |
$0 |
||
8.16% p.a. |
8.48% p.a. |
$395.00 yearly |
$0 |
||
8.21% p.a. |
8.53% p.a. |
$395.00 yearly |
$0 |
||
8.31% p.a. |
8.62% p.a. |
$395.00 yearly |
$0 |
||
8.36% p.a. |
8.67% p.a. |
$395.00 yearly |
$0 |
The Real Equity Line of Credit gives owner occupiers and investors access to the equity in their property to fund long term goals such as buying an investment property or renovating. This line of credit loan is available from $5,000 and allows you to draw up to 90% of the property’s value. There are no set repayments and you’ll only be required to pay interest on your debit balance. There is also a monthly service fee to consider.
Product | Rate | Comparison Rate | Service fee | Upfront fee |
---|---|---|---|---|
9.19% p.a. |
n/a |
$10.00 monthly |
$595 |
|
9.19% p.a. |
n/a |
$10.00 monthly |
$595 |
In addition to paying off your home loan regularly, you can make additional repayments whenever you want with the extra repayments facility available with Newcastle Permanent’s variable, package and fixed home loans (capped at $25,000 p.a. for fixed options).
Newcastle Permanent rewards its home loan customers with fixed and variable home loans free of ongoing service fees. However if you opt for a package or line of credit home loan, an ongoing service fee applies.
On top of competitive home loan rates, Newcastle Permanent has a discounted rate option for borrowers looking for a variable home loan or a package deal (conditions apply).
If your circumstances change and you find yourself with less income coming in, you can opt to take a repayment holiday on any one of the variable home loans from Newcastle Permanent. Just note you can only use this feature if you’re ahead on your loan repayments.
Mozo users have rated Newcastle Permanent home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
It offers the best rate and has an app which clearly states all the necessary information. Hover, I would like to have an Offset Account.
Read full reviewIt offers the best rate and has an app which clearly states all the necessary information. Hover, I would like to have an Offset Account.
We refinanced back to Newcastle Permanent after going with another bank to rebuild our home. The process was quick and easy and we even got a $3,000 sign up bonus which was great. Their variable interest rate is very competitive and customer service is always fantastic. I love that they have a local call centre!
Read full reviewWe refinanced back to Newcastle Permanent after going with another bank to rebuild our home. The process was quick and easy and we even got a $3,000 sign up bonus which was great. Their variable interest rate is very competitive and customer service is always fantastic. I love that they have a local call centre!
I noticed a long term mistake on their side that could cost me money as a result of their negligence. And asked them about it via internet banking account. My e-mail had a few questions. First they ignored the one they didn't want to answer. Then when I repeated the question they stopped replying at all. I am going to switch to another lender. Fingers crossed.
Read full reviewI noticed a long term mistake on their side that could cost me money as a result of their negligence. And asked them about it via internet banking account. My e-mail had a few questions. First they ignored the one they didn't want to answer. Then when I repeated the question they stopped replying at all. I am going to switch to another lender. Fingers crossed.
I really like Newcastle Permanent. Customer service is excellent and the Premium Line of Credit is a great product particularly for investors that are looking to invest and flip properties where the security is to be retained. This means that you don't need to continually apply for loans. The only downside in my view is that branches are not located in Sydney.
Read full reviewI really like Newcastle Permanent. Customer service is excellent and the Premium Line of Credit is a great product particularly for investors that are looking to invest and flip properties where the security is to be retained. This means that you don't need to continually apply for loans. The only downside in my view is that branches are not located in Sydney.
Was such an easy service. Helpful staff. Efficient.
Read full reviewWas such an easy service. Helpful staff. Efficient.
There are plenty of docs you’ll need to prepare before applying for a home loan with Newcastle Permanent. Have a look at this helpful home loan application checklist to get started: