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Police Bank Goldrate Home Loan (Fixed)

Advertiser disclosure
The details shown below are for an owner occupier taking out a principal & interest loan of at least $50,000 with an LVR below 60%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $50,000 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 60%
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 owner occupier taking out a interest only loan of at least $50,000 with an LVR below 95%
The details shown below are for an investor taking out a principal & interest loan of at least $50,000 with an LVR below 60%
The details shown below are for an investor taking out a principal & interest 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 90%
The details shown below are for an investor taking out a interest only loan of at least $50,000 with an LVR below 60%
The details shown below are for an investor 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 interest only loan of at least $50,000 with an LVR below 90%

Choose the version of this loan that suits you best

Availability Loan type LVR Min loan amount Max loan amount
Owner Occupier Principal & Interest < 60% $50,000
Owner Occupier Principal & Interest 60%-80% $50,000
Owner Occupier Principal & Interest 80%-95% $50,000
Owner Occupier Interest Only < 60% $50,000
Owner Occupier Interest Only 60%-80% $50,000
Owner Occupier Interest Only 80%-95% $50,000
Investor Principal & Interest < 60% $50,000
Investor Principal & Interest 60%-80% $50,000
Investor Principal & Interest 80%-90% $50,000
Investor Interest Only < 60% $50,000
Investor Interest Only 60%-80% $50,000
Investor Interest Only 80%-90% $50,000
  • Owner Occupier (Principal & Interest)
    LVR < 60%
    Loan: $50,000
  • Owner Occupier (Principal & Interest)
    LVR 60%-80%
    Loan: $50,000
  • Owner Occupier (Principal & Interest)
    LVR 80%-95%
    Loan: $50,000
  • Owner Occupier (Interest Only)
    LVR < 60%
    Loan: $50,000
  • Owner Occupier (Interest Only)
    LVR 60%-80%
    Loan: $50,000
  • Owner Occupier (Interest Only)
    LVR 80%-95%
    Loan: $50,000
  • Investor (Principal & Interest)
    LVR < 60%
    Loan: $50,000
  • Investor (Principal & Interest)
    LVR 60%-80%
    Loan: $50,000
  • Investor (Principal & Interest)
    LVR 80%-90%
    Loan: $50,000
  • Investor (Interest Only)
    LVR < 60%
    Loan: $50,000
  • Investor (Interest Only)
    LVR 60%-80%
    Loan: $50,000
  • Investor (Interest Only)
    LVR 80%-90%
    Loan: $50,000
Fixed 3 year rate
5.79% p.a.
Comparison Rate
6.26% p.a.
Service fee
$0.00
Upfront fee
$1,050
Fixed 3 year rate
5.79% p.a.
Comparison Rate
6.26% p.a.
Service fee
$0.00
Upfront fee
$1,050
Fixed 3 year rate
5.79% p.a.
Comparison Rate
6.26% p.a.
Service fee
$0.00
Upfront fee
$1,050
Fixed 3 year rate
7.39% p.a.
Comparison Rate
6.73% p.a.
Service fee
$0.00
Upfront fee
$1,050
Fixed 3 year rate
7.39% p.a.
Comparison Rate
6.73% p.a.
Service fee
$0.00
Upfront fee
$1,050
Fixed 3 year rate
7.39% p.a.
Comparison Rate
6.73% p.a.
Service fee
$0.00
Upfront fee
$1,050
Fixed 3 year rate
6.54% p.a.
Comparison Rate
6.69% p.a.
Service fee
$0.00
Upfront fee
$1,050
Fixed 3 year rate
6.54% p.a.
Comparison Rate
6.85% p.a.
Service fee
$0.00
Upfront fee
$1,050
Fixed 3 year rate
6.54% p.a.
Comparison Rate
7.05% p.a.
Service fee
$0.00
Upfront fee
$1,050
Fixed 3 year rate
6.84% p.a.
Comparison Rate
6.77% p.a.
Service fee
$0.00
Upfront fee
$1,050
Fixed 3 year rate
6.84% p.a.
Comparison Rate
6.85% p.a.
Service fee
$0.00
Upfront fee
$1,050
Fixed 3 year rate
6.84% p.a.
Comparison Rate
7.13% p.a.
Service fee
$0.00
Upfront fee
$1,050

Mozo editorial review Police Bank Goldrate Home Loan (Fixed) - last updated: 8 March 2024

binocular icon
What's hot
  • 5.79% p.a. 3-year fixed rate (5.89% p.a. comparison rate*) for <60% LVR
  • Free extra repayments (up to $5,000)
What's not
  • $600 application fee
Mozo snapshot

Police Bank’s Goldrate Home Loan fixed rates start at 5.79% p.a. (5.89% p.a. comparison rate*) on its three year fixed term for borrowers with LVRs up to 60%. Plus, this loan has no ongoing monthly fee and comes with bonus features like free extra repayments (up to $5,000) and a redraw facility if you need those additional repayments later down the track.

key icon
Key features

The Goldrate Home Loan offered by Police Bank ticks more than just one box. Owner Occupier fixed 3 year rates start at 5.79% (5.89% p.a. comparison rate*).

Plus, investor fixed rates start at 6.29% (6.41% comparison rate*) on its three year fixed term for borrowers with a maximum LVR of 60%. 

If you look for flexibility when it comes to mortgage repayments, then Police Bank’s Goldrate Home Loan (Fixed) might just be for you. With this loan you have the choice of a weekly, fortnightly or monthly repayment schedule, plus, you can make extra repayments up to $5,000 and make use of a redraw facility if you need to. 


snapshot
Who is it good for

This loan could be a good option for a borrower looking to lock in a competitive rate as well as have access to flexible repayment options. 

question icon
Any catches

There are no ongoing fees attached to this loan, however there are some cheeky one-offs to keep your eye on - such as the $600 application fee, $450 legal fee and $294 discharge fee.

Details

Rates and fees information correct as at 28 March 2024. 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

6.39% (6.42%*)

5.99% (6.35%*)

5.79% (6.26%*)

n/a

6.79% (6.62%*)

n/a

n/a

6.34% p.a.

Fees

$600.00

$450.00

$0.00

$0.00

0%

$0.00

$294.00

Other financial bits

$50,000

none

none

60.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $5,000

no

yes - free

none

no

no

none

$600 fixed rate lock fee available.

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 28 March 2024. 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

6.44% (6.43%*)

5.99% (6.35%*)

5.79% (6.26%*)

n/a

6.84% (6.64%*)

n/a

n/a

6.34% p.a.

Fees

$600.00

$450.00

$0.00

$0.00

0%

$0.00

$294.00

Other financial bits

$50,000

none

60.00%

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $5,000

no

yes - free

none

no

no

none

$600 fixed rate lock fee available.

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 28 March 2024. 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

6.49% (6.44%*)

5.99% (6.35%*)

5.79% (6.26%*)

n/a

6.89% (6.67%*)

n/a

n/a

6.34% p.a.

Fees

$600.00

$450.00

$0.00

$0.00

0%

$0.00

$294.00

Other financial bits

$50,000

none

80.00%

95.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $5,000

no

yes - free

none

no

no

none

$600 fixed rate lock fee available.

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 28 March 2024. 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

6.59% (6.45%*)

7.09% (6.57%*)

7.39% (6.73%*)

n/a

8.44% (7.38%*)

n/a

n/a

6.34% p.a.

Fees

$600.00

$450.00

$0.00

$0.00

0%

$0.00

$294.00

Other financial bits

$50,000

none

none

60.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $5,000

no

yes - free

none

no

no

none

$600 fixed rate lock fee available.

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 28 March 2024. 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

6.64% (6.45%*)

7.14% (6.58%*)

7.39% (6.73%*)

n/a

8.49% (7.41%*)

n/a

n/a

6.34% p.a.

Fees

$600.00

$450.00

$0.00

$0.00

0%

$0.00

$294.00

Other financial bits

$50,000

none

60.00%

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $5,000

no

yes - free

none

no

no

none

$600 fixed rate lock fee available.

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 28 March 2024. 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

6.69% (6.46%*)

7.19% (6.59%*)

7.39% (6.73%*)

n/a

8.54% (7.43%*)

n/a

n/a

6.34% p.a.

Fees

$600.00

$450.00

$0.00

$0.00

0%

$0.00

$294.00

Other financial bits

$50,000

none

80.00%

95.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $5,000

no

yes - free

none

no

no

none

$600 fixed rate lock fee available.

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 28 March 2024. 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

6.59% (6.45%*)

6.29% (6.41%*)

6.54% (6.69%*)

n/a

7.19% (6.80%*)

n/a

n/a

6.34% p.a.

Fees

$600.00

$450.00

$0.00

$0.00

0%

$0.00

$294.00

Other financial bits

$50,000

none

none

60.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $5,000

no

yes - free

none

yes

no

none

$600 fixed rate lock fee available.

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 28 March 2024. 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

6.64% (6.45%*)

6.29% (6.41%*)

6.54% (6.85%*)

n/a

7.24% (6.82%*)

n/a

n/a

6.34% p.a.

Fees

$600.00

$450.00

$0.00

$0.00

0%

$0.00

$294.00

Other financial bits

$50,000

none

60.00%

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $5,000

no

yes - free

none

yes

no

none

$600 fixed rate lock fee available.

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 28 March 2024. 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

6.69% (6.46%*)

6.39% (6.43%*)

6.54% (7.05%*)

n/a

7.29% (6.85%*)

n/a

n/a

6.34% p.a.

Fees

$600.00

$450.00

$0.00

$0.00

0%

$0.00

$294.00

Other financial bits

$50,000

none

80.00%

90.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $5,000

no

yes - free

none

yes

no

none

$600 fixed rate lock fee available.

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 28 March 2024. 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

6.89% (6.48%*)

6.59% (6.47%*)

6.84% (6.77%*)

n/a

7.49% (6.94%*)

n/a

n/a

6.34% p.a.

Fees

$600.00

$450.00

$0.00

$0.00

0%

$0.00

$294.00

Other financial bits

$50,000

none

none

60.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $5,000

no

yes - free

none

yes

no

none

$600 fixed rate lock fee available.

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 28 March 2024. 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

6.94% (6.48%*)

6.64% (6.48%*)

6.84% (6.85%*)

n/a

7.54% (6.96%*)

n/a

n/a

6.34% p.a.

Fees

$600.00

$450.00

$0.00

$0.00

0%

$0.00

$294.00

Other financial bits

$50,000

none

60.00%

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $5,000

no

yes - free

none

yes

no

none

$600 fixed rate lock fee available.

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 28 March 2024. 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

6.99% (6.49%*)

6.69% (6.49%*)

6.84% (7.13%*)

n/a

7.59% (6.98%*)

n/a

n/a

6.34% p.a.

Fees

$600.00

$450.00

$0.00

$0.00

0%

$0.00

$294.00

Other financial bits

$50,000

none

80.00%

90.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $5,000

no

yes - free

none

yes

no

none

$600 fixed rate lock fee available.

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 Police Bank home loans rated by the Mozo community?

Overall
Price
Features
Customer service
Convenience
Trust

About Police Bank

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Macquarie

Offset Home Loan (Package)

6.15% p.a. variable

6.40% p.a.

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Bendigo Bank

Express Home Loan

6.01% p.a. variable

6.14% p.a.

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BCU Bank

Fixed Rate Home Loan

6.29% p.a.
fixed 3 years

6.30% p.a.

Thumbnail icon for Sucasa
Sucasa

Ultra Low Rate

6.30% p.a. variable

6.58% p.a.

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a. variable

5.90% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan (Fixed)

5.99% p.a.
fixed 3 years

6.13% p.a.

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ubank

Neat Home Loan

6.14% p.a. variable

6.16% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan

6.15% p.a. variable

6.17% p.a.

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a. variable

5.90% p.a.

Thumbnail icon for Sucasa
Sucasa

Ultra Low Rate

6.30% p.a. variable

6.58% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan

6.01% p.a. variable

6.14% p.a.

Thumbnail icon for ubank
ubank

Neat Home Loan

6.14% p.a. variable

6.16% p.a.

Thumbnail icon for Macquarie
Macquarie

Offset Home Loan (Package)

6.15% p.a. variable

6.40% p.a.

Thumbnail icon for Unloan
Unloan

Variable

6.29% p.a. variable

6.20% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan Fixed

5.99% p.a.
fixed 3 years

6.37% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan (Fixed)

5.99% p.a.
fixed 3 years

6.13% p.a.

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a.

5.90% p.a.

Thumbnail icon for Sucasa
Sucasa

Ultra Low Rate

6.30% p.a.

6.58% p.a.

Thumbnail icon for Macquarie
Macquarie

Offset Home Loan (Package)

6.15% p.a.

6.40% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan

6.01% p.a.

6.14% p.a.

Thumbnail icon for BCU Bank
BCU Bank

OMG Home Loan

5.99% p.a.

6.00% p.a.

Thumbnail icon for ubank
ubank

Neat Home Loan

6.14% p.a.

6.16% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan

6.15% p.a.

6.17% p.a.

Thumbnail icon for BCU Bank
BCU Bank

Fixed Rate Home Loan

p.a.

6.30% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan (Fixed)

6.04% p.a.
fixed 3 years

6.15% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan (Fixed)

5.99% p.a.
fixed 3 years

6.13% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan (Fixed)

6.54% p.a.
fixed 3 years

6.38% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan Fixed

5.99% p.a.
fixed 3 years

6.41% p.a.

Thumbnail icon for ING
ING

Fixed Rate Loan (with Orange Advantage)

5.99% p.a.
fixed 3 years

6.12% p.a.

Thumbnail icon for BCU Bank
BCU Bank

Fixed Rate Home Loan

6.29% p.a.
fixed 3 years

6.30% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan (Fixed)

6.54% p.a.
fixed 3 years

6.38% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan (Fixed)

6.09% p.a.
fixed 3 years

6.19% 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.

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