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BSB 650 000

Invest with this great
home loan rate

2.59
%
P.A.
Real Deal Home Loan - Investment Special 1***
2.63
%
P.A.
Comparison rate *
Enquire now

Investment loans with principal & interest repayments. LVR ≤80%. Min new or increased borrowings of $150k.

Grow your property portfolio

Grow your investment property portfolio knowing that you are benefiting from one of our lowest investment variable rates. Seasoned landlords and first time property investors alike can enjoy the best of both worlds with the flexibility to split a portion of your loan between both fixed or variable rates.

Packed with options to maximise your investment, you can choose from principal and interest with a Loan to Value Ratio (LVR) of up to 95% or interest only with an LVR of up to 90%. 

  • Better value banking icon No ongoing fees No monthly or annual fees.
  • access icon Redraw Access extra cash when needed if you are ahead on your loan.
  • npbs icon Repayment options Principal and interest or interest only options available.
  • chat Chat with a local Our local branches and call centre are ready to help you.

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

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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.


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Calculators and features

  • Real Deal Loan features

    Minimum loan amount $50,000
    Maximum loan term 30 years
    Additional repayments You can make regular additional repayments and extra lump sum payments.
    Redraw facility Available to redraw repayments in advance. Fees apply.
    Repayment frequency Monthly, Fortnightly or Weekly repayments
    Repayment holiday Yes
    Repayment options Principal & Interest or Interest Only.
    Split loan Split your home loan into multiple loan accounts. For example, one could be a fixed rate and one a variable rate.
    100% Interest offset account Not available, however eligible 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.
    Mortgage portability Yes
    Maximum loan to value ratio Less than 95% of the value of the property for owner occupied and investment loans. Lower LVR’s apply to Interest only loans.

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  • Interest rates & fees

    Real Deal Investment - Special 1 2.59%p.a. 2.63%p.a.
    Real Deal Investment - Interest Only - Special 1 2.79%p.a. 2.70%p.a.
    Establishment Fee $595
    Annual Fee Nil
    Monthly Fee Nil

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Interest rates effective as of 28/10/2021 and are subject to change without prior notice.
Terms, conditions, fees, charges and credit criteria apply.
^^100% Offset account is not available however this loan type is eligible to be linked to an Everyday Account known as a Partial Offset. Please see the Product Schedule or talk to us for more information.
***Real Deal Investment Home Loan special interest rates are available for new borrowers applying for a Real Deal Home Loan for investment purposes with principal and interest repayments with a minimum balance of $150,000 and a Loan to Value Ratio (LVR) of less than or equal to 80%. Existing Newcastle Permanent customers are also eligible to receive the special interest rates if:
-They have a Real Deal Home Loan for investment purposes with principal and interest repayments and they increase it by a minimum of $150,000 in new borrowings and have a Loan to Value Ratio (LVR) of less than or equal to 80%; or
-They convert an existing Newcastle Permanent loan to a Real Deal Home Loan for investment purposes 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 special interest rate is determined by reference to the applicable LVR. Currently, the LVR requirements are as follows:
-Special 1 - For loans with an LVR equal to or less than 80%, a discount of 1.60% is deducted from the Real Deal Investment Home Loan interest rate
##Real Deal Investment At the current time, eligible loans receive a discount of 1.85% off the Real Deal Home Loan for investment purposes – Interest Only interest rate. The special interest rate is available for new borrowers applying for a Real Deal Home Loan for investment purposes with interest only repayments with a minimum balance of $150,000 and an LVR of less than or equal to 80%. At the end of the Interest Only period, the loan will revert to the Real Deal Home Loan interest rate for investment purposes with principal and interest repayments, discounted by 1.60%.
Existing Newcastle Permanent customers are eligible to receive the discounted interest rate if:
•They have a Real Deal Home Loan for investment purposes with interest only repayments and they increase it by a minimum of $150,000 in new borrowings and the Real Deal Home Loan has an LVR of less than or equal to 80%; or
•They convert an existing Newcastle Permanent loan to a Real Deal Home Loan for investment purposes with interest only repayments and they increase it by a minimum of $150,000 in new borrowings, and the Real Deal Home Loan has an LVR of less than or equal to 80%. 
Converted borrowings do not constitute new borrowings. Terms and conditions, fees and charges apply.
Applications are subject to credit approval. Full terms and conditions will be included with our loan offer. Fees and charges are payable.
References to "LVR" mean Loan to Valuation 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.