Newcastle Permanent Real Deal Home Loan

This product is available in different versions. Pick the right version for you here.

The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 90%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan of at least $150,000 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan of at least $150,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan of at least $150,000 with an LVR below 90%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 90%

    Loan: $150,000

  • Owner Occupier (Principal & Interest)

    LVR 90%-95%

    Loan: $150,000

  • Owner Occupier (Interest Only)

    LVR < 90%

    Loan: $150,000

  • Investor (Principal & Interest)

    LVR < 90%

    Loan: $150,000

  • Investor (Interest Only)

    LVR < 90%

    Loan: $150,000

3.19% p.a.

3.23% p.a.

$0.00

Newcastle Permanent Real Deal Home Loan

3.19% p.a.

3.23% p.a.

$0.00

3.46% p.a.

3.46% p.a.

$0.00

Newcastle Permanent Real Deal Home Loan

3.46% p.a.

3.46% p.a.

$0.00

3.19% p.a.

3.19% p.a.

$0.00

Newcastle Permanent Real Deal Home Loan

3.19% p.a.

3.19% p.a.

$0.00

3.46% p.a.

3.50% p.a.

$0.00

Newcastle Permanent Real Deal Home Loan

3.46% p.a.

3.50% p.a.

$0.00

3.46% p.a.

3.50% p.a.

$0.00

Newcastle Permanent Real Deal Home Loan

3.46% p.a.

3.50% p.a.

$0.00

Mozo Review   Newcastle Permanent Real Deal Home Loan Review

Last updated: 22 October 2019.

What's hot:
  • 3.19% variable rate (3.23% comparison rate*)

  • Double 2019 Mozo Experts Choice winner

  • Free extra repayments

  • No application or service fee

What's not:
  • Only partial offset account available

Mozo snapshot:

Whether you’re buying your first home or are making your first investment, the last thing you want is to be tied up in fees and complicated loan features. That’s where the Newcastle Permanent Real Deal Home Loan comes in. Aside from a great, low rate, there’s zero application or service fees and you’ll have the flexibility to choose your repayment schedule, on either a weekly, fortnightly or monthly basis.

Plus it's a winner! The Real Deal Home Loan took out two 2019 Mozo Experts Choice Awards in the First Home Buyer Loan and Investor Home Loan categories. 

Key features:

Fee free. A low rate. No hassle. The real deal.

If you’re after a home loan that offers great flexibility, then look no further than the Newcastle Permanent Real Deal Home Loan. This low cost loan offers no application fees, no service fees and no discharge fees, making it a great option for Aussies homeowners hoping to keep to a budget.

While you’ll get a low 3.19% variable rate (3.23% comparison rate*), if you wanted to lock in your rate for a while, there’s the option to split your loan with other Newcastle Permanent home loans. You’ll also be able to make as many extra repayments as you’d like, helping you shave off interest as well as have access to a redraw facility, however fees apply. And if you ever want to take a break from your repayments, there’s the option to take a repayment holiday.

Although there is an offset account attached to the Newcastle Permanent Real Deal Home Loan, keep in mind that this is only a partial offset account.

Who it's good for:

The Newcastle Permanent Real Deal Home Loan is a great option for borrowers who want to keep fees to a minimum and want to put every dollar toward their loan.


Any catches?

The Newcastle Permanent Real Deal Home Loan features a partial offset account, so if you want a loan that offers great flexibility you might want to consider a loan that offers a 100% offset account, or make use of the extra repayments feature.


Details

Rates and fees information correct as at 18 November 2019. 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
  • 3.19% p.a.

  • n/a

  • n/a

  • n/a

  • 3.23% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $0.00

Other financial bits
  • $150,000

  • none

  • none

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - fees apply

  • $0.00

  • yes

  • yes - partial only

  • Settlement fee is variable and depends on Solicitor costs. Redraw fee is $10 online and $25 through branch network.

  • none

  • none

*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 18 November 2019. 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
  • 3.46% p.a.

  • n/a

  • n/a

  • n/a

  • 3.46% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $0.00

Other financial bits
  • $150,000

  • none

  • 90.00%

  • 95.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - fees apply

  • $0.00

  • yes

  • yes - partial only

  • Settlement fee is variable and depends on Solicitor costs. Redraw fee is $10 online and $25 through branch network.

  • none

  • none

*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 18 November 2019. 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
  • 3.19% p.a.

  • n/a

  • n/a

  • n/a

  • 3.19% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $0.00

Other financial bits
  • $150,000

  • none

  • none

  • 90.00%

Features
  • Owner Occupier

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - fees apply

  • $0.00

  • yes

  • yes - partial only

  • Settlement fee is variable and depends on Solicitor costs. Redraw fee is $10 online and $25 through branch network.

  • none

  • none

*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 18 November 2019. 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
  • 3.46% p.a.

  • n/a

  • n/a

  • n/a

  • 3.50% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $595.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $0.00

Other financial bits
  • $150,000

  • none

  • none

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - fees apply

  • $0.00

  • yes

  • yes - partial only

  • Settlement fee is variable and depends on Solicitor costs. Redraw fee is $10 online and $25 through branch network.

  • none

  • none

*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 18 November 2019. 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
  • 3.46% p.a.

  • n/a

  • n/a

  • n/a

  • 3.50% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $595.00

  • $0.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $0.00

Other financial bits
  • $150,000

  • none

  • none

  • 90.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - fees apply

  • $0.00

  • yes

  • yes - partial only

  • Settlement fee is variable and depends on Solicitor costs. Redraw fee is $10 online and $25 through branch network.

  • none

  • none

*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 customer rating
8.6/10
Price
8.5/10
Features
7.6/10
Customer service
8.6/10
Convenience
8.3/10
Trust
8.7/10

Latest reviews of Newcastle Permanent Real Deal Home Loan

  • Overall
    8/10
    Great rates and helpful friendly staff

    Newcastle Permanent have always been extremely helpful and convenient whether applying for our...

    Newcastle Permanent have always been extremely helpful and convenient whether applying for our first home loan, making life changes and adjusting loans or borrowing extra funds.

    Price
    7/10
    Features
    7/10
    Customer service
    9/10
    Convenience
    9/10
    Trust
    9/10

    Karen | New South Wales

    reviewed over 3 years ago

  • Overall
    8/10
    Great, competitive interest rates

    Newcastle Permanent offer competitive home loan rates and always pass on rate cuts quickly.

    Newcastle Permanent offer competitive home loan rates and always pass on rate cuts quickly.

    Price
    8/10
    Features
    7/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    8/10

    Michelle | New South Wales

    reviewed about 4 years ago

  • Overall
    7/10
    Competitive rate

    Pros easily accessible competitive rate

    Pros easily accessible competitive rate

    Price
    7/10
    Features
    7/10
    Customer service
    8/10
    Convenience
    9/10
    Trust
    6/10

    Kim | New South Wales

    reviewed almost 5 years ago

  • Overall
    6/10
    Banks want more than they are prepared to give!

    My bank & other banks offer good deals as incentives but ongoing Customer Service is lacking.

    My bank & other banks offer good deals as incentives but ongoing Customer Service is lacking.

    Price
    5/10
    Features
    8/10
    Customer service
    5/10
    Convenience
    5/10
    Trust
    2/10

    Gina | New South Wales

    reviewed almost 5 years ago

  • Overall
    10/10
    They care

    We left "The Perm." in 1995, looking for 'better' deals. In 1997, we went back to them,...

    We left "The Perm." in 1995, looking for 'better' deals. In 1997, we went back to them, disillusioned with "the Others" (we had shopped around a fair bit!). Newcastle Permanent have always offered competitive loans and financial products. The big thing that sets them apart (for us) is the level of service and CARE that they give. Be it on the phone or in branch, I have NEVER had a bad experience with the Staff and they will offer practical (and sensible) advice as part of the service!

    Price
    9/10
    Features
    9/10
    Customer service
    10/10
    Convenience
    9/10
    Trust
    10/10

    Evan | New South Wales

    reviewed about 5 years ago

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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Real Deal Home Loan

3.19% p.a. variable

3.23% p.a.

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Bank of Queensland

Bank of Queensland

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2.99% p.a.
fixed 3 years

3.72% p.a.

$450

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Queensland Country Credit Union

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RateSaver (Fixed)

3.49% p.a.
fixed 3 years

3.90% p.a.

$500

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CUA

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Achieve Variable Home Loan

3.20% p.a. variable

3.25% p.a.

$835

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Smart Home Loan

2.88% p.a. variable

2.90% p.a.

$520

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UHomeLoan - Discount Offer

2.84% p.a. variable

2.84% p.a.

$0

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Simplicity PLUS

3.24% p.a. variable

3.28% p.a.

$0

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Suncorp

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Back to Basics

3.03% p.a. variable

3.04% p.a.

$0

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Newcastle Permanent

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Real Deal Home Loan

3.19% p.a. variable

3.23% p.a.

$0

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Queensland Country Credit Union

Queensland Country Credit Union

RateSaver (Fixed)

3.49% p.a.
fixed 3 years

3.90% p.a.

$500

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CUA

CUA

Achieve Variable Home Loan

3.20% p.a. variable

3.25% p.a.

$835

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loans.com.au

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Smart Home Loan

2.88% p.a. variable

2.90% p.a.

Promoted

UBank

UBank

UHomeLoan - Discount Offer

2.84% p.a. variable

2.84% p.a.

Promoted

Suncorp

Suncorp

Back to Basics

3.03% p.a. variable

3.04% p.a.

Promoted

ANZ

ANZ

Simplicity PLUS

3.24% p.a. variable

3.28% p.a.

Promoted

UBank

UBank

UHomeLoan - Discount Offer

2.84% p.a.

2.84% p.a.

$0

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loans.com.au

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Smart Home Loan

2.88% p.a.

2.90% p.a.

$520

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ANZ

ANZ

Simplicity PLUS

3.24% p.a.

3.28% p.a.

$0

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Suncorp

Suncorp

Back to Basics

3.03% p.a.

3.04% p.a.

$0

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Newcastle Permanent

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Real Deal Home Loan

3.19% p.a.

3.23% p.a.

$0

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CUA

CUA

Achieve Variable Home Loan

3.20% p.a.

3.25% p.a.

$835

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Tic:Toc

Tic:Toc

Variable Home Loan

2.84% p.a.

2.85% p.a.

$0

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IMB Bank

IMB Bank

Budget Home Loan

3.18% p.a.

3.24% p.a.

$799

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UBank

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UHomeLoan (Fixed)

2.69% p.a.
fixed 3 years

3.19% p.a.

$395

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Fixed Home Loan

2.99% p.a.
fixed 3 years

3.27% p.a.

$520

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Suncorp

Suncorp

Fixed Home Loan (Home Package Plus)

2.89% p.a.
fixed 3 years

3.70% p.a.

$0

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ANZ

ANZ

Fixed Rate (Breakfree Package)

2.98% p.a.
fixed 3 years

4.06% p.a.

$0

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Queensland Country Credit Union

Queensland Country Credit Union

RateSaver (Fixed)

3.49% p.a.
fixed 3 years

3.90% p.a.

$500

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IMB Bank

IMB Bank

Fixed Home Loan

2.84% p.a.
fixed 3 years

3.44% p.a.

$799

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UBank

UBank

UHomeLoan (1 Year Fixed)

n/a

n/a

$395

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CUA

CUA

Fixed Rate Loan

2.98% p.a.
fixed 3 years

4.29% p.a.

$835

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loans.com.au

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Smart Home Loan

2.88% p.a.

2.90% p.a.

$0.00

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UBank

UBank

UHomeLoan - Discount Offer

2.84% p.a.

2.84% p.a.

$0.00

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Tic:Toc

Tic:Toc

Variable Home Loan

2.84% p.a.

2.85% p.a.

$0.00

Promoted

IMB Bank

IMB Bank

Budget Home Loan

3.18% p.a.

3.24% p.a.

$0.00

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Heritage Bank

Heritage Bank

Discount Variable Home Loan

3.07% p.a.

3.09% p.a.

$0.00

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Suncorp

Suncorp

Back to Basics

3.03% p.a.

3.04% p.a.

$0.00

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Bank of Sydney

Bank of Sydney

BOSBasic Home Loan

2.96% p.a.

3.01% p.a.

$0.00

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Essentials Variable

3.04% p.a.

3.06% p.a.

$0.00

*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.