Newcastle Permanent logo

Newcastle Permanent Secured Personal Loan

Advertiser disclosure
Interest rate from
6.69% p.a.
Comparison rate from
8.41% p.a.based on $10,000
over 3 years
Upfront fee
$250

Mozo editorial review Newcastle Permanent Secured Personal Loan

Last updated: 4 August 2020.

binocular icon
What's hot
  • 6.69% p.a. fixed rate (8.41% comparison rate*)
  • Loans start from $1,000
  • No service, exit or early repayment fees
What's not
  • $250 application fee
Mozo snapshot

Newcastle Permanent’s secured personal loan is one of the most competitive rates on the market, with their fixed rate starting as low as 6.69% p.a. (8.41% comparison rate*). You can borrow between $1,000 and $50,000 with this loan, with terms of up to 7 years. Plus, you’ll have the flexibility of paying your loan off early at no extra cost. 

key icon
Key features

The Newcastle Permanent secured personal loan offers a great interest rate of 6.69% (8.41%* comparison rate) for loans between $1,000 and $50,000. It’s fixed, meaning no matter how long you have the loan for, or how much you borrow, the rate will stay the same.

The loan is available for between 1 and 7 years, and you have the option of weekly, fortnightly or monthly repayments so you can time the payments to suit your payday. But be sure to stay on top of your repayments, as there’s a $35 late payment fee.

One other fee to keep in mind is the $250 application fee, but what you won’t have to worry about is paying any ongoing service fees, early repayment fees or a fee if you transfer your debt elsewhere and leave the loan behind. You’ll also have the handy feature of free extra repayments to help you pay off your loan quicker, but bear in mind there is no redraw facility attached to this loan.

This loan has flexible security options, whether you decide to use your property, car or another asset. But keep in mind that for those that are securing with their vehicle, for new cars, your debt must be less than 80% of the purchase price, and for used cars of up to 3 years old, less than 90% of the trade value.  


snapshot
Who is it good for

The Newcastle Permanent secured personal loan is perfect for those looking to cover some upfront expenses without paying an arm and a leg in interest for the convenience of a loan.

question icon
Any catches

One thing to keep in mind is to be careful of staying on top of your repayments with this loan, to avoid the $35 late payment fee.

Details

Rates and fees information correct as at 8 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
  • Fixed

  • 6.69% p.a. fixed

  • 8.41% p.a.based on $10,000
    over 3 years

Fees
  • $250.00

  • $0.00

  • $35.00

  • $0.00

  • $0.00

Other financial bits
  • $1,000.00

  • $50,000.00

  • 1 Year

  • 7 Years

  • Other, Residential Property, Vehicle

Features
  • Weekly, Fortnightly, Monthly

  • yes

  • no

  • New Cars: Debt < or = 80% of the purchase price. Used Cars: Car < 3yrs old with debt <90% of the trade value.

  • none

WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. 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.

Customer Reviews

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

Overall
8.7/10
Price
8.3/10
Features
7.9/10
Customer service
8.9/10
Convenience
8.9/10
Trust
8.9/10

Latest reviews of Newcastle Permanent Secured Personal Loan

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 personal loans

Thumbnail icon for NOW Finance

NOW Finance

Unsecured Personal Loan

5.95% p.a.to 17.95% p.a.

5.95% p.a.to 17.95% p.a.based on $30,000
over 5 years

Thumbnail icon for MoneyMe

MoneyMe

Personal Loan

6.25% p.a.to 19.95% p.a.

7.64% p.a.to 21.35% p.a.based on $30,000
over 5 years

Thumbnail icon for OurMoneyMarket

OurMoneyMarket

Low Rate Personal Loan

6.29% p.a.to 8.48% p.a.

6.50% p.a.to 8.69% p.a.based on $30,000
over 5 years

Thumbnail icon for Plenti

Plenti

Unsecured Personal Loan (Fixed)

6.39% p.a.to 8.69% p.a.

6.39% p.a.to 9.61% p.a.based on $30,000
over 5 years

Thumbnail icon for Symple Loans

Symple Loans

Personal Loan

5.75% p.a.to 25.99% p.a.

6.47% p.a.to 29.2% p.a.based on $30,000
over 5 years

Thumbnail icon for Latitude

Latitude

Secured Personal Loan

5.99% p.a.to 21.99% p.a.

7.26% p.a.to 23.15% p.a.based on $30,000
over 5 years

Thumbnail icon for NAB

NAB

Personal Loan (Fixed, Unsecured)

12.69% p.a.to 18.99% p.a.

13.34% p.a.to 19.59% p.a.based on $30,000
over 5 years

Thumbnail icon for SocietyOne

SocietyOne

Unsecured Personal Loan (Fixed)

6.99% p.a.to 10.49% p.a.

6.99% p.a.to 11.92% p.a.based on $30,000
over 5 years

Thumbnail icon for loans.com.au

loans.com.au

New Car Loan (Fixed)

4.67% p.a.

5.22% p.a.based on $30,000
over 5 years

Thumbnail icon for NOW Finance

NOW Finance

Secured Personal Loan

4.45% p.a.to 15.45% p.a.

4.45% p.a.to 15.45% p.a.based on $30,000
over 5 years

Thumbnail icon for OurMoneyMarket

OurMoneyMarket

Car Loan

5.50% p.a.

5.85% p.a.based on $30,000
over 5 years

Thumbnail icon for Plenti

Plenti

New Car Loan (Fixed)

4.89% p.a.to 8.89% p.a.

5.44% p.a.to 9.46% p.a.based on $30,000
over 5 years

Thumbnail icon for Latitude

Latitude

Secured Personal Loan

5.99% p.a.to 21.99% p.a.

7.26% p.a.to 23.15% p.a.based on $30,000
over 5 years

Thumbnail icon for Wisr

Wisr

Secured Car Loan

5.19% p.a.to 18.95% p.a.

5.46% p.a.to 19.26% p.a.based on $30,000
over 5 years

Thumbnail icon for CUA

CUA

Secured Car Loan (Fixed)

6.79% p.a.

7.16% p.a.based on $30,000
over 5 years

Thumbnail icon for loans.com.au

loans.com.au

Clean Green Car Loan

3.97% p.a.

4.51% p.a.based on $30,000
over 5 years

Thumbnail icon for NOW Finance

NOW Finance

Unsecured Personal Loan

5.95% p.a.to 17.95% p.a.

5.95% p.a.to 17.95% p.a.based on $30,000
over 5 years

Thumbnail icon for MoneyMe

MoneyMe

Personal Loan

6.25% p.a.to 19.95% p.a.

7.64% p.a.to 21.35% p.a.based on $30,000
over 5 years

Thumbnail icon for Symple Loans

Symple Loans

Personal Loan

5.75% p.a.to 25.99% p.a.

6.47% p.a.to 29.2% p.a.based on $30,000
over 5 years

Thumbnail icon for OurMoneyMarket

OurMoneyMarket

Low Rate Personal Loan

6.29% p.a.to 8.48% p.a.

6.50% p.a.to 8.69% p.a.based on $30,000
over 5 years

Thumbnail icon for Wisr

Wisr

Unsecured Personal Loan

6.49% p.a.to 19.95% p.a.

6.76% p.a.to 20.26% p.a.based on $30,000
over 5 years

Thumbnail icon for Plenti

Plenti

Unsecured Personal Loan (Fixed)

6.39% p.a.to 8.69% p.a.

6.39% p.a.to 9.61% p.a.based on $30,000
over 5 years

Thumbnail icon for Latitude

Latitude

Unsecured Personal Loan

7.99% p.a.to 22.99% p.a.

9.24% p.a.to 24.15% p.a.based on $30,000
over 5 years

Thumbnail icon for NAB

NAB

Personal Loan (Fixed, Unsecured)

12.69% p.a.to 18.99% p.a.

13.34% p.a.to 19.59% p.a.based on $30,000
over 5 years

Thumbnail icon for NOW Finance

NOW Finance

Unsecured Personal Loan

5.95% p.a.to 17.95% p.a.

5.95% p.a.

$0.00

Thumbnail icon for MoneyMe

MoneyMe

Personal Loan

6.25% p.a.to 19.95% p.a.

7.64% p.a.

$10.00

Thumbnail icon for OurMoneyMarket

OurMoneyMarket

Low Rate Personal Loan

6.29% p.a.to 8.48% p.a.

6.50% p.a.

$0.00

Thumbnail icon for Plenti

Plenti

Unsecured Personal Loan (Fixed)

6.39% p.a.to 8.69% p.a.

6.39% p.a.

$0.00

Thumbnail icon for Symple Loans

Symple Loans

Personal Loan

5.75% p.a.to 25.99% p.a.

6.47% p.a.

$10.00

Thumbnail icon for Latitude

Latitude

Secured Personal Loan

5.99% p.a.to 21.99% p.a.

7.26% p.a.

$13.00

Thumbnail icon for Wisr

Wisr

Unsecured Personal Loan

6.49% p.a.to 19.95% p.a.

6.76% p.a.

$0.00

Thumbnail icon for NOW Finance

NOW Finance

Secured Personal Loan

4.45% p.a.to 15.45% p.a.

4.45% p.a.

$0.00