Premium Plus Package
Our Premium Plus Package provides a premium product without the premium price tag. In addition to offering one of the lowest ongoing variable rate home loans, our Premium Plus Package provides loads of exclusive benefits and discounts. With the flexibility to choose either a Variable Rate Home Loan, a Line of Credit, or a combination of both, our Premium Plus Package is your total solution.
SPECIAL OFFER*
Apply now to take advantage of our special interest rate discount of 0.75%p.a. off the Premium Variable rate option and 0.65%p.a. off the Real Equity Line of Credit option.
Plus, for a limited time, we've waived the minimum loan amount. Hurry, offer ends soon!
Facts at a glance
| Effective: 21 July 2008 |
| Discounted interest rate |
- SPECIAL OFFER*: 0.75% p.a. off our Premium Variable Home Loan interest rate. 0.65% p.a. off our Real Equity Line of Credit.
Call 13 19 87 or drop in to your local branch for the current Premium Plus Package variable rate and the comparison rate.
|
| Application fee |
Nil, however a $250 annual package fee applies. |
| Minimum loan amount |
SPECIAL OFFER*: No minimum |
| Repayment options |
- With the Premium Plus Package Variable Home Loan, you can choose:
- Monthly, fortnightly, or weekly by automatic transfer.
- Principal and interest repayments or you may prefer interest based repayments (for up to 5 years).
The Premium Plus Package Line of Credit has no set repayments provided you keep under your approved credit limit.
|
| Additional repayments |
Yes. You can make regular additional repayments and extra lump sum payments. An Early Repayment Fee applies if the Premium Plus Package Variable Loan is repaid in full within the first 4 years. |
| Loan benefits |
| Mortgage Offset Account# |
100% Mortgage Offset Account with the Premium Plus Package Variable Home Loan. |
| Value+ Credit Card# |
We will waive the annual fee for our Value+ Credit Card. |
| Repayment holiday |
Yes. As long as there are enough additional funds in the loan account to meet the regular repayments. Talk to your local Community Lending Manager to find out more. |
| Redraws |
Premium Plus Package Variable Rate Home Loan - Yes. There is no minimum redraw amount and you can redraw all amounts in advance.
Premium Plus Package Line of Credit - Because your loan is a line of credit, you have 24 hour access to your funds (up to your approved credit limit)
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| Portability |
Yes. You can keep the same loan when it comes time to sell your existing property and purchase a new one. |
| Insurance discounts† |
- 5% discount on Comprehensive Car Insurance.
- 10% discount on Home and Contents Insurance.
- 10% discount on Landlords Insurance.
- 10% discount on Travel Insurance.
|
| Additional interest# |
|
| Car loans and personal loans |
The application fee for car loans and personal loans will be waived. |
How to apply
Is this the right home loan for you? If so, read more on how to apply.
Here's some more information for you:
Applications for finance are subject to Newcastle Permanent's normal credit approval process. Full Terms and Conditions and Conditions of Use will be included with our loan offer. Fees and charges are payable. Loans for commercial purposes are excluded.
# You should consider the Terms and Conditions and Conditions of Use for personal accounts. Interest only received on the Rapid Saver Account if you make at least one deposit and no withdrawals during a calendar month.
† Newcastle Permanent Building Society Limited ABN 96 087 651 992 acts under its own Australian Financial Services Licence AFSL 238273 in arranging these insurances and under an agreement with the insurer, Vero Insurance Limited ABN 48 005 297 807 AFSL 230859 (Vero). Home, Contents, Car, Travel and Landlord Insurance are issued by Vero. You can get a Product Disclosure Statement (PDS) for these Insurance products from any branch of Newcastle Permanent Building Society or by phoning 13 19 87. You should consider the PDS in deciding whether to buy or continue to hold any of these products. The discount applies to the base premium amount only and does not apply to Stamp Duty, Fire Service Levy or any Government charges.
* Offer available for a limited time. Terms and Conditions apply.