Apply anywhere, anytime.
Real Deal - Special 1
5.49
%**
p.a.
Comparison rate
5.53
%*
p.a.
Min. loan $150K, LVR ≤80%. T&C's fees, charges and credit criteria apply.
Making first home buying simple
Buying your first home can be an exciting, but an overwhelming time.
If you are just starting out on your first home buying journey or you have already found the home you want to buy, we have the tools to help make your dreams a reality.
Compare our most popular Real Deal variable rate and fixed rate package home loans to see what suits your needs and understand the difference between fixed and variable interest rates.
Helping you into your home sooner
The Home Guarantee Scheme (HGS) is an Australian Government initiative supporting eligible home buyers to purchase a home sooner, through a national annual allocation of places under three separate Guarantees.
As of 1 July 2023, the Scheme’s expanded eligibility criteria now supports even more Australian permanent residents, combinations of joint home buyers, and even those who’ve previously owned property but haven’t done so for the past 10 years, to buy a home sooner.
If you're eligible to participate in the HGS, we'll work with you throughout your loan application to secure a place under the relevant Guarantee.
The First Home Guarantee (FHBG) is part of the Home Guarantee Scheme.
The purpose of the First Home Guarantee (FHBG) is to support eligible home buyers to enter the housing market sooner. Eligible home buyers may qualify with as little as 5% deposit. It’s made possible by allowing Housing Australia to issue 35,000 guarantees each financial year for eligible home loans.
For more information about FHBG and the eligibility criteria:
- Visit housingaustralia.gov.au
- Read the First Home Guarantee Information Guide
- Read the First Home Guarantee Fact Sheet
The Family Home Guarantee (FHG) is part of the Home Guarantee Scheme.
The purpose of the Family Home Guarantee (FHG) is to support eligible single parents and eligible single legal guardians of at least one dependent to buy a home, with as little as 2% deposit. Applicants can include those who aren’t first home buyers. The FHG is made possible by allowing Housing Australia to issue 5,000 guarantees each financial year for eligible home loans.
For more information about FHG and the eligibility criteria:
- Visit housingaustralia.gov.au
- Read the Family Home Guarantee Information Guide
- Read the Family Home Guarantee Fact Sheet
The Regional First Home Buyer Guarantee (RFHBG) is part of the Home Guarantee Scheme.
The purpose of the Regional First Home Buyer Guarantee (RFHBG) is to help eligible regional home buyers to buy a modest home in regional areas, with as little as 5% deposit. Eligible regional first home buyers (or at least one applicant if applying as joint applicants) can purchase in the regional area they’ve been living in, or an adjacent regional area, for the previous 12 months. The RFHBG is made possible by allowing Housing Australia to issue 10,000 guarantees each financial year for eligible home loans.
For more information about RFHBG and the eligibility criteria:
Find a loan to match your home
Compare 4 products
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Premium Plus Package Fixed Rate
For those seeking to switch to fixed.
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Premium Plus Package Variable
Work your home loan.
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Fixed Rate Home Loan
Enjoy the certainty of knowing your repayments.
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Variable rate
5.49
%**
p.a.
Comparison rate
5.53
%*
p.a.
Real Deal - Special 1 available for owner occupied principal & interest loans $150k+, with LVR of 80% or less.
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2yr fixed rate
5.39
%#
p.a.
Comparison rate
7.25
%*
p.a.
2 year fixed rate special available for owner occupied principal & interest loans, with LVR of 80% or less.
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Variable rate
5.64
%***
p.a.
Comparison rate
5.99
%*
p.a.
Special Discount 1 available for owner occupied principal & interest loans $150k+, with LVR of 80% or less.
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2yr fixed rate
5.49
%##
p.a.
Comparison rate
7.52
%*
p.a.
2 year fixed rate special available for owner occupied principal & interest loans, with LVR of 80% or less.
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Save up to 10%
Save up to 10% discount on your first year's premium when you quote and buy a new policy online.~~@&
~~@& Terms and conditions apply.
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First Home Buyer seeking pre-approval?
3 simple steps for first home buyers to apply for home loan pre-approval.
Fees and charges apply. Applications are subject to credit approval. Loan Terms and Conditions are provided with loan offers and available here.
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 2.11% is deducted from the Real Deal Home Loan 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 interest rate.
***Premium Plus Package Variable Rate Discounted interest rates are available for new borrowers applying for a Premium Plus Package Home Loan for an owner occupied home with principal and interest repayments with a minimum balance of $150,000. Existing Newcastle Permanent customers are eligible to receive the discounted interest rate if:
- They have a Premium Plus Package Home Loan for an owner occupied home 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 Premium Plus Package Home Loan for an owner occupied home 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). At the current time, the LVR requirements are as follows:
- Discount 1 - For loans with an LVR of less than or equal to 80%, a discount of 1.68% is deducted from the Premium Plus Package Variable Rate Tier 4.
- Discount 2 - For loans with an LVR of greater than 80% and less than 95%, a discount of 0.72% is deducted from the Premium Plus Package Variable Rate Tier 4.
##Fixed Rate Home Loan reverts to the Real Options Home Loan at the end of the Fixed Rate period.
#Premium Plus Package Fixed Rate reverts to Premium Plus Package Tier 4 variable interest rate at the end of the Fixed Rate period.
1Where 100% interest offset is not available, eligible deposit accounts may be linked and the credit interest rate which would otherwise be payable is offset against the interest charged each month on your loan (however there is no additional interest benefit). Please see the Everyday Account Product Schedule or talk to us for more information.
2Redraw available upon application. A fee may apply for redraws performed in branch. Online redraw is fee free. For the Premium Plus Package Fixed Rate loan, there is a minimum $500 per redraw, and redraw is capped at $25,000 per calendar year.
3Additional repayments of up $25,000 per year available on fixed rate home loans. Break costs may apply for additional repayments over this limit. See the Break Cost and Fixed Interest Rate Guide.
4The Premium Plus home loan packages offer a number of features and benefits, including no establishment fee, no redraw fee, no monthly fee on any Premium Plus package product.
See the Guide to your Premium Plus Package.
~~ Save up to 10%:
[Home] When you both quote and buy a new home insurance policy online a discount of up to 10% is applied to your first year’s premium. This discount is not applied to Domestic workers’ compensation (if available and selected), or upon renewal. Minimum premiums apply.
[Landlord] When you both quote and buy a new Landlord insurance policy online a premium discount of up to 10% is applied to your first year’s premium. This discount is not applied to Landlord workers’ compensation (if available and selected), or upon renewal. Minimum premiums may apply.
[Motor] The online discount applies when you quote and buy a new Comprehensive Motor Insurance policy online only. Any online discounts offered are applied to Allianz’s standard rates, excluding optional covers, and are for the first year’s premium only, unless otherwise stated. Promotional or other discounts may apply from time to time for customers who apply for insurance using other methods.
@ To access your Premium Plus Package insurance discount please visit us at your local branch or alternatively call us on 13 19 87. This discount is not available online.
& Minimum Premiums: Where discounts are applied, your premium is subject to rounding. If more than one discount applies, they’re applied in a predetermined order, so the later discounts apply to the amount already reduced by the earlier discounts instead of the total amount. Discounts do not apply to government taxes and charges. Most discounts won’t apply below the minimum amount payable for the policy.