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Expert local lenders and a rate that's the real deal.

Real Deal variable rate - Special 1 5.94 %** p.a.
Comparison rate 5.98 %* p.a.
Min. loan $150K, LVR ≤80%. For Principal & Interest, owner occupied loan.

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Real Deal Home Loan

Variable rate 5.94 %** p.a.
Comparison rate 5.98 %* p.a.
Real Deal - Special 1 available for owner occupied principal & interest loans $150k+, with LVR of 80% or less.

From first home buyers to refinancing, our Real Deal Home Loan is packed with all the features and no ongoing fees, helping you potentially pay your loan off sooner. Enjoy the best of both worlds with the flexibility to split a portion of your loan between both fixed or variable rates.

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Tap into the resource of your local lender. Get expert advice based on your unique circumstances while securing a great rate at an award-winning bank.

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We get it. Sometimes you need that personal touch to help with your unique circumstances. Backed by more than 100 years of experience, we’re here to help every step of the way.

Speak to one of our experts in person or over the phone at a time that suits you.
Great for those wanting assistance with an existing loan.
We make home loans easy with our award-winning products and service.

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Or apply online and get up to $3,000^ cashback

We’ve made it easy and secure so you can get straight to it. Keep some ID handy and your internet banking details to really speed up the process knowing that we never see or store this information.

Save money and time. Apply in under 15 minutes and give paperwork the flick.
Ideal for refinancing or buying a new home.
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Rates are effective as at 9am Friday 25/09/2026 and are subject to change without prior notice.

Terms, conditions, fees, credit criteria and charges apply.

References to "LVR" mean Loan to Value Ratio which is calculated by dividing the loan amount by the value of the property (as determined by us). There may be a difference between the purchase price and the value of the property.

*The Comparison Rate is calculated on a loan amount of $150,000 for a term of 25 years based on monthly repayments. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

**Real Deal At the current time, special interest rates are available for new borrowers applying for a Real Deal Home Loan for an owner occupied home with principal and interest repayments with a minimum balance of $150,000. Existing Newcastle Permanent customers are also eligible to receive the special interest rates if:

  • They have a Real Deal Home Loan with principal and interest repayments and they increase it by a minimum of $150,000 in new borrowings; or
  • They convert an existing Newcastle Permanent loan to a Real Deal Home Loan with principal and interest repayments and they increase it by a minimum of $150,000 in new borrowings.

Converted borrowings do not constitute new borrowings. The discount is the rate that is effective at the time the loan application is received by Newcastle Permanent and is determined by reference to the applicable Loan to Valuation Ratio (LVR). Currently, the LVR requirements are as follows:

  • Special 1 – For loans with an LVR of less than or equal to 80%, a discount of 2.16% is deducted from the Real Deal Home Loan variable interest rate.
  • Special 2 – For loans with an LVR of greater than 80%, and less than 95%, a discount of 1.36% is deducted from the Real Deal Home Loan variable interest rate.

^Online Cashback Offer available for eligible loan application submitted via our online application channel. $2,500 cashback for loans $250-$499k or $3,000 for loans ≥$500k. 80% LVR or less. Excludes refinances from Greater Bank, part of NGM Group. If eligible, cashback payment will be made within 60 days of the loan settlement date (loan must still be open at time of payment). Only one (1) cashback payment per eligible loan and for first eligible loan only. Not available where any loan cashback has been paid within the past 12-months, or in conjunction with any other promotional payment. Offer may be varied or withdrawn at any time. See the full Online Cashback Offer Terms and Conditions

Find more information on the Mozo Experts Choice Awards 2025 and Mozo People's Choice Awards 2025 awards research methodology at Mozo.