Newcastle Permanent logo

Newcastle Permanent Secured Personal Loan

Advertiser disclosure
Interest rate from
5.89% p.a.
Comparison rate from
7.60% p.a.based on $10,000
over 3 years
Upfront fee

Mozo editorial review Newcastle Permanent Secured Personal Loan - last updated: 19 October 2021

binocular icon
What's hot
  • 5.89% p.a. fixed rate (7.60% 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 5.89% p.a. (7.60% comparison rate*). You can borrow from $1,000 with this loan with terms ranging from 1 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 5.89% (7.60%* comparison rate) for loans from $1,000. 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.  

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.


Rates and fees information correct as at 17 August 2022. 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.


5.89% p.a. fixed

7.60% p.a.based on $10,000
over 3 years







Other financial bits



1 Year

7 Years

Other, Vehicle


Weekly, Fortnightly, Monthly



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


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?

Customer service

Latest reviews of Newcastle Permanent Secured Personal Loan

About Newcastle Permanent