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Our Real Deal Home Loan combines the features you’re looking for, like redraws and the ability to make extra repayments, in one great value home loan.

Real Deal Home Loan overview


Real Deal – Special

At the current time we are offering Real Deal Special interest rates by discounting our Real Deal Home Loan interest rate for home loans that meet certain eligibility requirements.

The Real Deal Special interest rates may vary depending on if the loan is owner occupied or for investment purposes, the type of repayments (principal and interest or interest only) and the applicable Loan to Valuation Ratio (LVR). Exclusions apply.

View some of our Real Deal Special rates for home loans with principal and interest repayments below.

View all Real Deal Home Loan rates here.

Real Deal - Special 1 3.72%p.a. 3.76%p.a.
Real Deal - Special 2 3.82%p.a. 3.86%p.a.
Real Deal 4.73%p.a. 4.77%p.a.

All interest rates displayed are for Owner Occupied loans with Principal & Interest repayments and are subject to change.

See all interest rates.

Establishment fee - Investment Loans Only $595
Annual Fee Nil
Monthly Fee Nil
Minimum Loan Amount $50,000
Maximum Loan Term 30 Years
Additional repayments Yes
Redraw Facility Yes
Repayment Frequency Monthly, Fortnightly or Weekly repayments
Repayment Holiday

Yes

Repayment Options Principal and interest or interest only
Split loan Yes
Interest Offset Account Partial
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 based loans.

Discounted Real Deal Home Loan overview


Apply for a new Discounted Real Deal Home Loan and get a 0.25% p.a. discount off the standard Real Deal Home Loan interest rate for the first 3 years of the loan. After 3 years the loan reverts to our Real Deal Home Loan variable interest rate - available for owner occupied home loans only.

Discounted Real Deal^ 4.48%p.a. 4.70%p.a.
Real Deal 4.73%p.a. 4.77%p.a.

All interest rates displayed are for Owner Occupied loans with Principal & Interest repayments and are subject to change.

See all interest rates.

Establishment fee $595
Annual Fee Nil
Monthly Fee Nil
Minimum Loan Amount $50,000
Maximum Loan Term 30 Years
Additional repayments Yes
Redraw Facility Yes
Repayment Options Principal and interest or interest only
Repayment Holiday

Yes

Repayment Frequency Monthly, Fortnightly or Weekly repayments
Split loan Yes
Interest Offset Account Partial
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 based loans.

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Newcastle Permanent
Here’s some information for you:
Applications are subject to credit approval. Full terms and conditions will be included with our loan offer. Fees and charges are payable.
References to “interest only” on this page refer to loans with interest based repayments – please ask us for further details. 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.
** 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 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 of less than 90%, a discount of 1.01% is deducted from the Real Deal Home Loan interest rate.
  • Special 2 – For loans with an LVR of equal to or greater than 90%, and less than 95%, a discount of 0.91% is deducted from the Real Deal Home Loan interest rate.
Terms and conditions, fees and charges apply.
* The comparison rate is calculated on a loan amount of $150,000 for a term of 25 years based on monthly repayments. Comparison rates for variable rate loans with interest based repayments are calculated based on an initial 5 year period for interest based repayments. Comparison rates for fixed rate loans with interest based repayments are calculated based on an initial period for interest based repayments equal in length to the fixed period. You should consider whether the loan is suitable for you. 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.
Interest rates effective as of 14/12/2018 and are subject to change without notice.
^ 3 year discount of 0.25% off the Real Deal variable interest rate (Principal & Interest or Interest Based repayments). Rate reverts to Real Deal variable interest rate at end of 3 year discount period. Offer available for new mortgage owner occupied home loan applications. Terms and Conditions apply.