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Our home loans are head and heart approved.

Get up to $3,000 cashback^ when you apply online

^T&Cs and credit criteria apply.

Real Deal - Special 1 variable rate 5.99 %** p.a.
Comparison rate 6.03 %* p.a.
Min. loan $150K, LVR ≤80%. For Principal & Interest, owner occupied loan.

Consistently competitive rates to help you save year after year

Up to $3,000 cashback^

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

Save money and time.

Get your application underway in just 15 minutes.

Give paperwork the flick.

Less life admin means more time for the stuff that matters.

Go with the pros.

We've got you covered every step of the way.

Online Cashback Offer Terms and Conditions

Apply online

Real Deal Home Loan

Variable rate 5.99 %** p.a.
Comparison rate 6.03 %* p.a.
Real Deal - Special 1 available for owner occupied principal & interest loans $150k+, with LVR of 80% or less.

From first home buyers to refinancing, our Real Deal Home Loan is packed with all the features.

Apply now

Why choose the Real Deal Home Loan?

No ongoing fees
No monthly or annual fees.
Redraw
Access extra cash when needed if you are ahead on your loan.
Repayment options
Principal and interest or interest only options available.
Buying your first home?
Get into the market sooner, and apply with as little as 5% deposit.
Additional repayments
You can make regular additional repayments and extra lump sum payments.

Proof that the best customer service is human.

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.

Terms, conditions, fees, charges and credit criteria apply.

**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 variable 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 variable 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.

^Online Cashback Offer available for eligible loan application submitted via our online application channel. $2,500 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

Find more information on the Mozo Experts Choice Awards 2025 and Mozo People's Choice Awards 2025 awards research methodology at Mozo.