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Bridging Loan

A Bridging Loan covers the period of time between buying a new home and selling your existing property. It provides a financial buffer so that you don’t have to rush the settlement of your current home or rent somewhere until you find a new one.

Our maximum Bridging Loan term of 12 months will give you the flexibility to sell your old property while living in your new home. With our competitive fixed rate, you can relax and enjoy the certainty of knowing your rate won’t increase during the Bridging Loan period.

  • Better value banking icon Flexibility No repayments during the 12 month Bridging Loan period.
  • Banking anywhere Fixed rate Certainty that your rate won’t change during the term of your Bridging Loan.
  • Clock icon Convenience Avoid the costs of renting by not having to sell your existing home first.
  • npbs icon Additional Repayments You may also redraw available funds if you need them.

"Based on interest rates, products and flexibility, Newcastle Permanent was way ahead of the other banks for us." -Molly and Michael.

Help with your home loan

Our local lenders are here to guide you through the process of buying a home from start to finish. Available over the phone or in person, you can get the specialist help you need without leaving your house.

Save yourself the time and stress and make an appointment today.

Information and features

Interest rates effective as of 25/06/2022 and are subject to change without prior notice.
Applications are subject to credit approval. Full terms and conditions will be included with our loan offer. Fees and charges are payable.
^Bridging loan The maximum term for a Bridging Loan is 12 months. If you can’t sell your current property within 12 months of funding the Bridging Loan we may treat this as default of the loan terms and take action to ensure the sale of the property. You may be required to pay a 2% higher rate until the default is resolved.
**The Comparison Rate is calculated on a loan amount of $150,000 for a term of 25 years. 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.