The details shown below are for an owner occupier taking out a principal & interest loan of at least $150,000 with an LVR below 80%
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 80%
The details shown below are for an investor taking out a principal & interest loan of at least $150,000 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan of at least $150,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $50,000 with an LVR below 95%
The details shown below are for an owner occupier taking out a interest only loan of at least $50,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan of at least $50,000 with an LVR below 95%
The details shown below are for an investor taking out a interest only loan of at least $50,000 with an LVR below 80%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 80% | $150,000 | |
| | Owner Occupier | Principal & Interest | 80%-95% | $150,000 | |
| | Owner Occupier | Interest Only | < 80% | $150,000 | |
| | Investor | Principal & Interest | < 80% | $150,000 | |
| | Investor | Interest Only | < 80% | $150,000 | |
| | Owner Occupier | Principal & Interest | < 95% | $50,000 | |
| | Owner Occupier | Interest Only | < 80% | $50,000 | |
| | Investor | Principal & Interest | < 95% | $50,000 | |
| | Investor | Interest Only | < 80% | $50,000 |
Owner Occupier (Principal & Interest)
LVR < 80%
Loan: $150,000
Owner Occupier (Principal & Interest)
LVR 80%-95%
Loan: $150,000
Owner Occupier (Interest Only)
LVR < 80%
Loan: $150,000
Investor (Principal & Interest)
LVR < 80%
Loan: $150,000
Investor (Interest Only)
LVR < 80%
Loan: $150,000
Owner Occupier (Principal & Interest)
LVR < 95%
Loan: $50,000
Owner Occupier (Interest Only)
LVR < 80%
Loan: $50,000
Investor (Principal & Interest)
LVR < 95%
Loan: $50,000
Investor (Interest Only)
LVR < 80%
Loan: $50,000
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. It's no wonder this product was awarded a 2021 Mozo Experts Choice Award for best Offset Home Loan.
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.
It is possible to borrow up to 95% of the property's value, however rates differ depending on your LVR. For borrowers with an 80% LVR or less, and a borrowing amount of at least $150,000 you’ll get a low 2.59% variable rate (2.63% comparison rate*). On the other hand, for LVR's between 80% and 95% the rate bumps up to 2.99% (3.03% comparison rate*).
Also keep in mind, if you have an LVR greater than 80%, you'll have to pay Lenders Mortgage Insurance.
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.
Refinancing? The good news is if you are making the switch from another lender to Newcastle Permanent, you could take home $2,000 cashback. To be eligible you must apply by 30 June 2021 and be funded by 31 August 2021.
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.
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.
2.59% p.a.
n/a
n/a
n/a
2.63% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$0.00
$150,000
none
none
80.00%
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
$2,000 cashback when you refinance your home loan from another financial institution when you apply by 30 June 2021 and are funded by 31 August 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.
2.99% p.a.
n/a
n/a
n/a
3.03% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$0.00
$150,000
none
80.00%
95.00%
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
$2,000 cashback when you refinance your home loan from another financial institution when you apply by 30 June 2021 and are funded by 31 August 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.
2.99% p.a.
n/a
n/a
n/a
2.99% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$0.00
$150,000
none
none
80.00%
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
$2,000 cashback when you refinance your home loan from another financial institution when you apply by 30 June 2021 and are funded by 31 August 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.
2.99% p.a.
n/a
n/a
n/a
3.03% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$595.00
n/a
$0.00
$0.00
n/a
$0.00
$0.00
$150,000
none
none
80.00%
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
$2,000 cashback when you refinance your home loan from another financial institution when you apply by 30 June 2021 and are funded by 31 August 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.
2.99% p.a.
n/a
n/a
n/a
3.14% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$595.00
n/a
$0.00
$0.00
n/a
$0.00
$0.00
$150,000
none
none
80.00%
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
$2,000 cashback when you refinance your home loan from another financial institution when you apply by 30 June 2021 and are funded by 31 August 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.
3.82% p.a.
3.60% p.a.
36 Months
Variable
3.76% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$0.00
$0.00
$50,000
none
none
95.00%
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
$2,000 cashback when you refinance your home loan from another financial institution when you apply by 30 June 2021 and are funded by 31 August 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.
4.34% p.a.
4.09% p.a.
36 Months
Variable
4.27% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
$0.00
$0.00
n/a
$0.00
$0.00
$50,000
none
none
80.00%
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
$2,000 cashback when you refinance your home loan from another financial institution when you apply by 30 June 2021 and are funded by 31 August 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.
4.19% p.a.
3.94% p.a.
36 Months
Variable
4.16% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$595.00
$0.00
$0.00
$0.00
n/a
$0.00
$0.00
$50,000
none
none
95.00%
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
$2,000 cashback when you refinance your home loan from another financial institution when you apply by 30 June 2021 and are funded by 31 August 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.
4.64% p.a.
4.39% p.a.
36 Months
Variable
4.61% p.a.
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
$595.00
$0.00
$0.00
$0.00
n/a
$0.00
$0.00
$50,000
none
none
80.00%
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
$2,000 cashback when you refinance your home loan from another financial institution when you apply by 30 June 2021 and are funded by 31 August 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.
Overall this is a good bank and good product.
Read full reviewOverall this is a good bank and good product.
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.
Read full reviewNewcastle 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.
Newcastle Permanent offer competitive home loan rates and always pass on rate cuts quickly.
Read full reviewNewcastle Permanent offer competitive home loan rates and always pass on rate cuts quickly.
Pros easily accessible competitive rate
Read full reviewPros easily accessible competitive rate
My bank & other banks offer good deals as incentives but ongoing Customer Service is lacking.
Read full reviewMy bank & other banks offer good deals as incentives but ongoing Customer Service is lacking.
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.
Newcastle Permanent
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2.94% p.a.
3.34% p.a.
$395.00 yearly
Newcastle Permanent
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fixed 3 years
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Fixed Rate Home Loan (Premium Plus Package)
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fixed 3 years
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2.47% p.a.
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1.79% p.a.
1.84% p.a.
Yard
Variable Home Loan Special
2.09% p.a.
2.12% p.a.
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
1.98% p.a.
fixed 3 years
3.56% p.a.
Homestar
Star Classic Fixed Home Loan
n/a
n/a
People's Choice Credit Union
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1.89% p.a.
fixed 3 years
3.03% p.a.
loans.com.au
Smart Booster Home Loan
1.99% p.a.variable for 12 months and then 2.48% p.a.
2.47% p.a.
$0.00
Homestar
Star Gold Home Loan
1.79% p.a.
1.84% 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.
