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Newcastle Permanent Fixed Rate Home Loan (Premium Plus Package)

Advertiser disclosure

The details shown below are for an owner occupier taking out a principal & interest loan of at least $5,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a interest only loan of at least $5,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $5,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan of at least $5,000 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan of at least $5,000 with an LVR below 95%

The details shown below are for an investor taking out a principal & interest loan of at least $5,000 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan of at least $5,000 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan of at least $5,000 with an LVR below 90%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 80%

    Loan: $5,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $5,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-95%

    Loan: $5,000

  • Owner Occupier (Interest Only)

    LVR 80%-90%

    Loan: $5,000

  • Investor (Principal & Interest)

    LVR 80%-95%

    Loan: $5,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $5,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $5,000

  • Investor (Interest Only)

    LVR 80%-90%

    Loan: $5,000

Fixed 3 year rate
2.18% p.a.
Comparison Rate
3.62% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Go to site
Fixed 3 year rate
2.58% p.a.
Comparison Rate
3.69% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Fixed 3 year rate
2.48% p.a.
Comparison Rate
3.70% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Fixed 3 year rate
2.88% p.a.
Comparison Rate
3.82% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Fixed 3 year rate
2.98% p.a.
Comparison Rate
4.07% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Fixed 3 year rate
2.68% p.a.
Comparison Rate
3.99% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Fixed 3 year rate
2.68% p.a.
Comparison Rate
3.96% p.a.
Service fee
$395.00 yearly
Upfront fee
$0
Fixed 3 year rate
2.98% p.a.
Comparison Rate
4.03% p.a.
Service fee
$395.00 yearly
Upfront fee
$0

Mozo editorial review Newcastle Permanent Fixed Rate Home Loan (Premium Plus Package)

Last updated: 25 February 2021.

4.5 / 5
binocular icon
What's hot
  • 1.99% fixed 4 year rate (3.45% comparison rate*)
  • Insurance discounts and $0 credit card or personal loan fee available
  • Free extra repayments and redraw
What's not
  • $395 yearly service fee
  • Minimum $500 redraw
Mozo snapshot

If you’re after a home loan that offers a bit more than a low rate, then you need to check out the Newcastle Permanent Fixed Rate Home Loan (Premium Plus Package). This packaged loan comes with a competitive 4 year fixed rate of 1.99% (3.45% comparison rate*) for borrowers with an 80% LVR, but this loan has a maximum LVR of 95%, so you’ll be able to borrow with as little as a 5% deposit and receive a still competitive rate. And if you sign up to the Newcastle Permanent Fixed Rate Home Loan (Premium Plus Package), there’s a range of additional discounts up for grabs, like a $2,000 cashback offer for refinancers.

key icon
Key features

The Newcastle Permanent Fixed Rate Home Loan (Premium Plus Package) is all about delivering great value. With a 4 year fixed rate of 1.99% (3.45% comparison rate*) for borrowers with an LVR of 80% and a 3 year fixed rate of 2.18% (3.61% comparison rate*), you can take comfort in always knowing your repayment amount, helping you stick to your monthly budget.

There’s also the flexibility to choose your repayment schedule or to take a repayment holiday if you ever need a break from your loan. And if you want to pay back your loan as fast as possible, there’s free extra repayments (up to $25,000) and the option to split your loan with another Newcastle Permanent home loan.

Now to the good bit. If you sign up to the Newcastle Permanent Fixed Rate Home Loan (Premium Plus Package), you’ll receive a 5% discount on your car insurance and 10% off your home and contents, or landlord insurance. You also won’t have to pay an application fee if you decide to take out a personal or car loan with Newcastle Permanent, or an annual fee on your Newcastle Permanent credit card.

And if you are switching your current loan from another lender to this Newcastle Permanent option, you could be eligible to receive $2,000 cashback. Just remember to apply by the 31 March 2021 and be funded by 31 May 2021. 

The only thing you’ll need to keep in mind is that the loan does not come with an offset account and has a minimum redraw of $500.


snapshot
Who is it good for

The Newcastle Permanent Fixed Rate Home Loan (Premium Plus Package) is packed with value, making it a great choice for a homeowner looking to bundle their products with one lender.

question icon
Any catches

While the Newcastle Permanent Fixed Rate Home Loan (Premium Plus Package) is filled with discounts and awesome extras, you will have to budget for a $395 year fee.


Also bear in mind, if you have an LVR between 80% and 95%, you will have to pay Lenders Mortgage Insurance. 

Picture of Niko Iliakis
Niko Iliakis
Money writer

Niko Iliakis is a finance journalist at Mozo specialising in home loans, property and interest rate movements. With an eye for facts and figures, Niko deep-dives into topics to help readers understand key info and make more informed financial decisions. He is ASIC RG146 (Tier 2) certified for general advice.

Details

Rates and fees information correct as at 7 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 1.98% (3.81%*)

  • 2.18% (3.73%*)

  • 2.18% (3.62%*)

  • 1.99% (3.45%*)

  • 2.19% (3.42%*)

  • 3.99% (4.19%*)

  • 3.99% (4.26%*)

  • 3.57% p.a.

Fees
  • $0.00

  • n/a

  • $0.00

  • $0.00

  • n/a

  • $395.00 yearly

  • $0.00

Other financial bits
  • $5,000

  • none

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $25,000 p.a.

  • yes

  • yes - free

  • $500.00

  • yes

  • no

  • Settlement fee is variable and depends on Solicitor costs.

  • 5% discount on Comprehensive Car Insurance. 10% discount on Home, Contents, and Landlord Insurance.

  • $2,000 cashback when you refinance your home loan from another financial institution when you apply by 31 March 2021 and are funded by 31 May 2021, min $250k, LVR <80%

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 7 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.38% (3.84%*)

  • 2.58% (3.77%*)

  • 2.58% (3.69%*)

  • 2.39% (3.55%*)

  • 2.59% (3.55%*)

  • n/a

  • n/a

  • 4.06% p.a.

Fees
  • $0.00

  • n/a

  • $0.00

  • $0.00

  • n/a

  • $395.00 yearly

  • $0.00

Other financial bits
  • $5,000

  • none

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $25,000 p.a.

  • yes

  • yes - free

  • $500.00

  • yes

  • no

  • Settlement fee is variable and depends on Solicitor costs.

  • 5% discount on Comprehensive Car Insurance. 10% discount on Home, Contents, and Landlord Insurance.

  • $2,000 cashback when you refinance your home loan from another financial institution when you apply by 31 March 2021 and are funded by 31 May 2021, min $250k, LVR <80%

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 7 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.28% (3.86%*)

  • 2.48% (3.78%*)

  • 2.48% (3.70%*)

  • 2.29% (3.56%*)

  • 2.49% (3.55%*)

  • 4.09% (4.25%*)

  • 4.09% (4.33%*)

  • 3.57% p.a.

Fees
  • $0.00

  • n/a

  • $0.00

  • $0.00

  • n/a

  • $395.00 yearly

  • $0.00

Other financial bits
  • $5,000

  • none

  • 80.00%

  • 95.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $25,000 p.a.

  • yes

  • yes - free

  • $500.00

  • yes

  • no

  • Settlement fee is variable and depends on Solicitor costs.

  • 5% discount on Comprehensive Car Insurance. 10% discount on Home, Contents, and Landlord Insurance.

  • $2,000 cashback when you refinance your home loan from another financial institution when you apply by 31 March 2021 and are funded by 31 May 2021, min $250k, LVR <80%

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 7 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.68% (3.87%*)

  • 2.88% (3.82%*)

  • 2.88% (3.82%*)

  • 2.69% (3.65%*)

  • 2.89% (3.66%*)

  • n/a

  • n/a

  • 4.06% p.a.

Fees
  • $0.00

  • n/a

  • $0.00

  • $0.00

  • n/a

  • $395.00 yearly

  • $0.00

Other financial bits
  • $5,000

  • none

  • 80.00%

  • 90.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $25,000 p.a.

  • yes

  • yes - free

  • $500.00

  • yes

  • no

  • Settlement fee is variable and depends on Solicitor costs.

  • 5% discount on Comprehensive Car Insurance. 10% discount on Home, Contents, and Landlord Insurance.

  • $2,000 cashback when you refinance your home loan from another financial institution when you apply by 31 March 2021 and are funded by 31 May 2021, min $250k, LVR <80%

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 7 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.78% (4.20%*)

  • 2.98% (4.14%*)

  • 2.98% (4.07%*)

  • 2.79% (3.94%*)

  • 2.99% (3.94%*)

  • 4.19% (4.45%*)

  • 4.19% (4.50%*)

  • 3.91% p.a.

Fees
  • $0.00

  • n/a

  • $0.00

  • $0.00

  • n/a

  • $395.00 yearly

  • $0.00

Other financial bits
  • $5,000

  • none

  • 80.00%

  • 95.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $25,000 p.a.

  • yes

  • yes - free

  • $500.00

  • yes

  • no

  • Settlement fee is variable and depends on Solicitor costs.

  • 5% discount on Comprehensive Car Insurance. 10% discount on Home, Contents, and Landlord Insurance.

  • $2,000 cashback when you refinance your home loan from another financial institution when you apply by 31 March 2021 and are funded by 31 May 2021, min $250k, LVR <80%

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 7 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.48% (4.17%*)

  • 2.68% (4.09%*)

  • 2.68% (3.99%*)

  • 2.49% (3.84%*)

  • 2.69% (3.82%*)

  • 4.09% (4.40%*)

  • 4.09% (4.43%*)

  • 3.91% p.a.

Fees
  • $0.00

  • n/a

  • $0.00

  • $0.00

  • n/a

  • $395.00 yearly

  • $0.00

Other financial bits
  • $5,000

  • none

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $25,000 p.a.

  • yes

  • yes - free

  • $500.00

  • yes

  • no

  • Settlement fee is variable and depends on Solicitor costs.

  • 5% discount on Comprehensive Car Insurance. 10% discount on Home, Contents, and Landlord Insurance.

  • $2,000 cashback when you refinance your home loan from another financial institution when you apply by 31 March 2021 and are funded by 31 May 2021, min $250k, LVR <80%

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 7 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.48% (4.15%*)

  • 2.68% (4.06%*)

  • 2.68% (3.96%*)

  • 2.49% (3.81%*)

  • 2.69% (3.79%*)

  • n/a

  • n/a

  • 4.36% p.a.

Fees
  • $0.00

  • n/a

  • $0.00

  • $0.00

  • n/a

  • $395.00 yearly

  • $0.00

Other financial bits
  • $5,000

  • none

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $25,000 p.a.

  • yes

  • yes - free

  • $500.00

  • yes

  • no

  • Settlement fee is variable and depends on Solicitor costs.

  • 5% discount on Comprehensive Car Insurance. 10% discount on Home, Contents, and Landlord Insurance.

  • $2,000 cashback when you refinance your home loan from another financial institution when you apply by 31 March 2021 and are funded by 31 May 2021, min $250k, LVR <80%

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 7 March 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • n/a

  • n/a

  • n/a

  • n/a

  • 2.78% (4.18%*)

  • 2.98% (4.11%*)

  • 2.98% (4.03%*)

  • 2.79% (3.90%*)

  • 2.99% (3.90%*)

  • n/a

  • n/a

  • 4.36% p.a.

Fees
  • $0.00

  • n/a

  • $0.00

  • $0.00

  • n/a

  • $395.00 yearly

  • $0.00

Other financial bits
  • $5,000

  • none

  • 80.00%

  • 90.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $25,000 p.a.

  • yes

  • yes - free

  • $500.00

  • yes

  • no

  • Settlement fee is variable and depends on Solicitor costs.

  • 5% discount on Comprehensive Car Insurance. 10% discount on Home, Contents, and Landlord Insurance.

  • $2,000 cashback when you refinance your home loan from another financial institution when you apply by 31 March 2021 and are funded by 31 May 2021, min $250k, LVR <80%

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Customer Reviews

How are Newcastle Permanent home loans rated by the Mozo community?

Overall
8.6/10
Price
8.5/10
Features
7.5/10
Customer service
8.6/10
Convenience
8.3/10
Trust
8.7/10

Latest review of Newcastle Permanent Fixed Rate Home Loan (Premium Plus Package)

Thumbnail icon for Newcastle Permanent

About Newcastle Permanent

Newcastle Permanent is an independent, mutual retail financial services provider which offers a genuine alternative to traditional banks. It has comprehensive range of retail banking products and services such as savings accounts, bank accounts, home loans, personal loans, credit cards, and insurance. Newcastle permanent also provides meaningful support for the communities it serves.

See Newcastle Permanent home loans

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Newcastle Permanent

Fixed Rate Home Loan

p.a.

3.78% p.a.

$0.00

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Real Deal Home Loan

2.59% p.a.

2.63% p.a.

$0.00

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Variable Home Loan (Premium Plus Package)

2.94% p.a.

3.34% p.a.

$395.00 yearly

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Smart Booster Home Loan

1.99% p.a.variable for 12 months and then 2.48% p.a. variable

2.47% p.a.

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Macquarie

Basic Home Loan (Fixed)

2.19% p.a.
fixed 3 years

2.53% p.a.

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AcceleRATES Variable Home Loan

2.19% p.a. variable

2.19% p.a.

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UHomeLoan (Fixed)

1.75% p.a.
fixed 3 years

2.22% p.a.

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Great Rate Home Loan (Fixed)

1.99% p.a.
fixed 3 years

3.35% p.a.

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Star Gold Home Loan

1.79% p.a. variable

1.84% p.a.

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Fixed Rate

2.09% p.a.
fixed 3 years

3.01% p.a.

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Fixed Rate Home Loan (Premium Plus Package)

2.18% p.a.
fixed 3 years

3.62% p.a.

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Smart Booster Home Loan

1.99% p.a.variable for 12 months and then 2.48% p.a. variable

2.47% p.a.

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Macquarie

Basic Home Loan (Fixed)

2.19% p.a.
fixed 3 years

2.53% p.a.

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UBank

UHomeLoan (Fixed)

1.75% p.a.
fixed 3 years

2.22% p.a.

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Athena

AcceleRATES Variable Home Loan

2.19% p.a. variable

2.19% p.a.

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Newcastle Permanent

Variable Home Loan (Premium Plus Package)

2.94% p.a. variable

3.34% p.a.

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Greater Bank

Great Rate Home Loan (Fixed)

1.99% p.a.
fixed 3 years

3.35% p.a.

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86 400

Neat Home Loan

2.19% p.a. variable

2.20% p.a.

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Fixed Home Loan (Home Package Plus)

1.99% p.a.
fixed 3 years

2.83% p.a.

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Smart Booster Home Loan

1.99% p.a.variable for 12 months and then 2.48% p.a.

2.47% p.a.

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Macquarie

Basic Home Loan

2.64% p.a.

2.64% p.a.

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UBank

UHomeLoan - Discount Offer

2.34% p.a.

2.34% p.a.

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Athena

AcceleRATES Variable Home Loan

2.19% p.a.

2.19% p.a.

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Newcastle Permanent

Variable Home Loan (Premium Plus Package)

2.94% p.a.

3.34% p.a.

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86 400

Neat Home Loan

2.19% p.a.

2.20% p.a.

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Bank of Queensland

Economy

2.59% p.a.

2.76% p.a.

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People's Choice Credit Union

Basic Variable Home Loan

2.49% p.a.

2.49% p.a.

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Fixed Home Loan

1.99% p.a.
fixed 3 years

2.70% p.a.

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Macquarie

Basic Home Loan (Fixed)

2.19% p.a.
fixed 3 years

2.53% p.a.

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UBank

UHomeLoan (Fixed)

1.75% p.a.
fixed 3 years

2.22% p.a.

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Newcastle Permanent

Fixed Rate Home Loan (Premium Plus Package)

2.18% p.a.
fixed 3 years

3.62% p.a.

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People's Choice Credit Union

Fixed Rate Home Loan (Package)

1.99% p.a.
fixed 3 years

3.64% p.a.

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Greater Bank

Great Rate Home Loan (Fixed)

1.99% p.a.
fixed 3 years

3.35% p.a.

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Bank of Queensland

Fixed Rate

2.09% p.a.
fixed 3 years

3.01% p.a.

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Well Home Loans

Well Balanced Fixed

2.04% p.a.
fixed 3 years

2.17% p.a.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.