At the current time, to be eligible for any Fixed Rate Home Loan with Interest Only repayments an LVR of less than 90% will be required.

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.

##Fixed Rate Home Loan reverts to the Real Options Home Loan at the end of the Fixed Rate period.

At the current time, to be eligible for any Fixed Rate Home Loan with Interest Only repayments an LVR of less than 90% will be required.

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.

#Premium Plus Package Fixed Rate reverts to Premium Plus Package Tier 4 variable interest rate at the end of the Fixed Rate period.

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.

^***Premium Plus Package Variable Rate Discount Discounted interest rates are available for new borrowers applying for a Premium Plus Package Home Loan for an owner occupied home with interest only repayments with a minimum balance of $150,000. Existing Newcastle Permanent customers are eligible to receive the discounted interest rates if:

• They have a Premium Plus Package Home Loan for an owner occupied home with interest only 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 interest only 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 1.66% is deducted from the Tier 4 Premium Plus Package Variable Rate – Interest Only Interest rate.
• Discount 2 - For loans with an LVR of greater than 80% and less than 90%, a discount of 0.67% is deducted from the Tier 4 Premium Plus Package Variable Rate – Interest Only Interest rate.

At the end of the Interest Only period, the loan will revert to the relevant owner occupied Premium Plus Package Home Loan interest rate with principal and interest repayments.

** Premium Plus Package interest rates are generally determined by combined loan balances at the time you first borrow or as follows:
Tier 1 - combined loan balances below $500,000
Tier 2 - combined loan balances over $500,000
Tier 3 - combined loan balances over $750,000
Tier 4 - combined loan balances over $900,000

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 Interest Only 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 interest only 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 for an owner occupied home with interest only 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 for an owner occupied home with interest only 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 2.40% is deducted from the Real Deal Home Loan – Interest Only interest rate.
• Special 2 – For loans with an LVR of greater than 80%, and less than 90%, a discount of 1.50% is deducted from the Real Deal Home Loan – Interest Only interest rate.

At the end of the Interest Only period, the loan will revert to the relevant owner occupied Real Deal Home Loan interest rate with principal and interest repayments.

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.

^{^}Discounted Real Deal variable rate home loan is available for new owner occupied home loans and applies for a period of 3 years. After 3 years, the loan will revert to a standard Real Deal variable rate home loan.

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.

Fees and charges apply. Applications are subject to credit approval. Loan Terms and Conditions are provided with loan offers and available here. 

^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 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.

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.

** Premium Plus Package interest rates are generally determined by combined loan balances at the time you first borrow or as follows:
Tier 1 - combined loan balances below $500,000
Tier 2 - combined loan balances over $500,000
Tier 3 - combined loan balances over $750,000
Tier 4 - combined loan balances over $900,000

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.