Fixed Rate Home Loan
Switch to a Newcastle Permanent fixed rate loan now and lock in this great rate on a 1, 2 or 3 year fixed term.
Our Fixed Rate Home Loans offer you the certainty of knowing what your repayments will be for the fixed rate period. This means that if the interest rates rise, your interest rate, and therefore your repayments will not increase during the fixed term.

Home Loan facts at a glance
| Effective: 1 July 2011 |
| About the loan |
A fixed rate home loan allows you to secure an interest rate for a set term, which can protect you against rate increases. This means that if interest rates rise, your interest rate, and therefore your repayments, will not increase during the fixed rate term. |
| Fixed rate terms |
1, 2, 3, 4, 5, 7 or 10 years. At the end of the fixed rate term this loan reverts to the Real Options Home Loan variable rate. At this time you can choose to re-fix your loan for a further term or continue on a variable interest rate. |
| Establishment fee |
$500 |
| Ongoing account keeping fees |
Nil. |
| Maximum amount you can borrow |
Up to 95% of the value of the property.
|
| Mortgage repayment holiday |
Yes. As long as there are enough additional funds in the loan account to meet the regular repayments. Talk to your local Mobile Lender to find out more. |
| Maximum loan term |
30 years. |
| Repayment frequencies |
Monthly, fortnightly or weekly by automatic transfer. |
| Repayment options |
Principal and interest repayments or you may prefer interest only repayments for up to 10 years. |
| Split loan |
You can combine this loan with other Newcastle Permanent loan products including: Intro Rate Home Loan, Real Equity Home Loan, Real Deal Home Loan or Premium Plus Package Home Loan. |
| Additional repayments |
Yes. You can make either regular additional repayments or extra lump sum payments up to $25,000 p.a. during the fixed rate period. A Break Cost applies if the loan is paid out during the fixed rate period. |
| Redraws |
Not available during fixed rate term. Available on application once loan reverts to the Real Options Home Loan. |
| Portability |
Yes. You can keep the same loan when it comes time to sell your existing property and purchase a new one. |
Home Loan Key Facts Sheets
When choosing a home loan, it's important to work out what you want from your loan and how much it will cost you. Key Facts Sheets present information about our home loans in a standardised format and have been designed to make comparing home loans easier. You can generate a Key Facts Sheet based on your preferred loan amount, terms and interest type by clicking here.
How to apply
If you are after a home loan that offers flexibility, complete our home loan enquiry form online today to speak to our Mobile Lenders.
For more information on all loans, view our home loans page.
Here's some more information for you:
Applications for finance are subject to Newcastle Permanent's normal credit approval process. Full Terms and Conditions will be included with our loan offer. Fees and charges are payable. Loans for commercial purposes are excluded.
#Terms and Conditions for personal accounts are available on request.