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BSB 650 000

Apply anywhere, anytime.

5.74
%
P.A.
Real Deal - Special 1**
5.78
%
P.A.
Comparison rate*
Apply now Speak to a lender

Min. loan $150k, LVR ≤80%. T&C's fees, charges & credit criteria apply.

Up to $3,000 cashback^

By applying for a new purchase or refinancing with us online. 

Apply online
Online Cashback Offer Terms and Conditions
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    Save money and time
    Get your application underway in just 15 minutes.
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    Give paperwork the flick
    Less life admin means more time for the stuff that matters.
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    Go with the pros
    We've got you covered every step of the way.

Real Deal Home Loan

From first home buyers to refinancing, our Real Deal Home Loan is packed with all the features and no ongoing fees, helping you potentially pay your loan off sooner. Enjoy the best of both worlds with the flexibility to split a portion of your loan between both fixed or variable rates.

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

Ready to apply online?

We’ve made it easy and secure so you can get straight to it. Keep some ID handy and your internet banking details to really speed up the process knowing that we never see or store this information.

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Save money and time. Apply in under 15 minutes and give paperwork the flick.

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Ideal for refinancing or buying a new home.

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Your details are protected by secure technology.

Prefer to speak to a lender?

We get it. Sometimes you need that personal touch to help with your unique circumstances. Backed by more than 100 years of experience, we’re here to help every step of the way.

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Speak to one of our experts in person or over the phone at a time that suits you.

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Great for those wanting assistance with an existing loan

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We make home loans easy with our award-winning products and service.

Easy peasy repayments

Automate your home loan repayments in our app and we’ll update your minimum repayment if it changes.

1. Log on to the app and the press the 'Pay' button

2. Choose your account and home loan

3. Select the 'Automate repayments' button

4. Your monthly repayment amount will automatically populate

5. You can add an additional amount on top of this, otherwise select 'Next' and your payment is ready to go.

Get the app Find a home loan

"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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Home loans with a personal touch

Tap into the resource of your local lender. Get expert advice based on your unique circumstances while securing a great rate at an award-winning bank.

Your friendly lender is available in person or over the phone. Make your appointment today.


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Features

  • Loan features

    Real Deal Home Loan overview


    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 Yes. Available on application. No minimum redraw amount and you can redraw all amounts in advance. Online redraw is fee free. Branch redraw fee applies.
    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.

    Real Deal – Special

    We are offering Real Deal Special interest rates, reducing our Real Deal Home Loan rates for home loans that meet certain eligibility requirements.  The Special Offer is available for new and existing borrowers.

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

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

  • Interest rates & fees

    Real Deal - Special 1 5.74%p.a. 5.78%p.a.
    Real Deal - Special 2 6.49%p.a. 6.53%p.a.
    Discounted Real Deal^ 7.60%p.a. 7.82%p.a.
    Real Deal 7.85%p.a. 7.90%p.a.

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

    See all interest rates.
    Real Deal Investment - Special 1 5.94%p.a. 5.98%p.a.
    Real Deal Investment - Special 2 6.59%p.a. 6.63%p.a.
    Real Deal Investment 8.19%p.a. 8.24%p.a.

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

    See all interest rates.

    Establishment Fee $595
    Annual Fee Nil
    Monthly Fee Nil

    Mortgage Fees & Charges - PDF 113kb  

    Get the facts with our Home Loan Key Facts Sheet.

  • Find a lender

    Local lender

    Let us come to you! Find a local lending specialist in your area.

    Available over the phone or in person, you can get the loan expertise you need without leaving your house.

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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.~~@&

Get a quote

~~@&Terms and Conditions apply.

Tips on saving through to settlement

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.
**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.
Terms and conditions, fees, charges and credit criteria apply.
***Real Deal Investment At the current time, 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. 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; 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 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 2.25% is deducted from the Real Deal Investment Home Loan interest rate.
•Special 2 - For loans with an LVR of greater than 80%, and less than 95%, a discount of 1.60% is deducted from the Real Deal Investment Home Loan interest rate.
*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.
Interest rates effective as of 15/05/2025 and are subject to change without prior notice.
^ 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.
~~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.
^Online Cashback Offer available for eligible loan application submitted via our online application channel. $2,000 cashback for loans $250-$499k or $3,000 for loans ≥$500k. 80% LVR or less. Excludes refinances from Greater Bank, part of NGM Group. If eligible, cashback payment will be made within 60 days of the loan settlement date (loan must still be open at time of payment). Only one (1) cashback payment per eligible loan and for first eligible loan only. Not available where any loan cashback has been paid within the past 12-months, or in conjunction with any other promotional payment. Offer may be varied or withdrawn at any time. See the full Online Cashback Offer Terms and Conditions