Newcastle Permanent Home Loans

Newcastle Permanent is a provider of home loans, personal loans, credit cards, bank accounts, term deposits, and insurance products.

Newcastle Permanent Home Loan Rates & OptionsNewcastle Permanent

Here’s a snapshot of Newcastle Permanent home loans, rates & options currently on offer for a purchase value of $350,000 in NSW, with links direct to its website. Please note that this table is formulated based on paying both principal and interest whilst being sorted by comparison rate (lowest to highest).

To compare other home loans, please click here.

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Newcastle Permanent Standard Variable Home Loan Features

Newcastle Permanent home loans come in three different options for variable rate home loans:

  • Premium Plus Package: A variable rate home loan package with a competitive interest rate. Package includes discounted rates and fees on loans, credit card, and other products. Features:
    • Split loan facility available; unlimited splits allowed; no split loan application fee
    • Offset account (full offset) available
    • Redraw facility available
    • Mortgage is portable
    • Repayments may be made weekly, fortnightly, or monthly.
    • Additional repayments allowed
    • Lump sum repayments allowed
    • Repayment holiday allowed
    • Interest only repayments available for up to 5 years
  • Premium Variable Home Loan or Real Deal Home Loan: Both fully-featured, variable rate loan. Features:
    • Split loan facility available; unlimited splits allowed; no split loan application fee
    • Offset account (full offset) available
    • Redraw facility available
    • Mortgage is portable
    • Repayments may be made weekly, fortnightly, or monthly
    • Additional repayments allowed
    • Lump sum repayments allowed
    • Repayment holiday allowed
    • Interest only repayments available for up to 5 years

What types of home loans does Newcastle Permanent offer?

At the time of writing, Newcastle Permanent offers the following types of home loans:

  • Variable rate home loans
  • Fixed rate home loans
  • Line of credit home loans
  • Package home loans

Find out about how different types of home loans work here.

See our comparison tables for details of Newcastle Permanent home loans:

 

Compare Compare Home Loans

 

Newcastle Permanent FAQs

You can apply for a Newcastle Permanent loan online by clicking on the Newcastle Permanent home loan product of your choice in the Canstar home loan comparison tables. Follow our applying for a home loan checklist, and if you need help applying, you can make an online enquiry through Newcastle Permanent’s website. Once you submit an enquiry online, a Newcastle Permanent representative will contact you within one business day to proceed further with the application.

You need to meet the following requirements to apply for a Newcastle Permanent home loan:

  • You must be over 18
  • You must be an Australian citizen or resident
  • You must not have been a declared bankrupt in the past seven years

Once you actually begin the home loan application process, there are many more documents that you’ll need to provide, such as proof of your income, assets and expenses.

Yes, Newcastle Permanent allows extra repayments on several of their home loans. Terms and conditions apply; contact your lender for details.

Yes, Newcastle Permanent offers redraw facilities on several of their home loans. Borrowers must apply in order to use a redraw facility. Fees and charges may apply to use of a redraw facility; contact your lender for details.

If you’re in the market for a home loan, compare your home loan options with Canstar:

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Newcastle Permanent is a customer-owned banking institution and has been since it was founded as a building society in 1903. With 59 branches across regional NSW and more than 320,000 loyal customers, Newcastle Permanent is one of the largest building societies in Australia.

The Newcastle Permanent Charitable Foundation takes community-focussed banking to the next level, investing over $1.5 million every year in grants for local not-for-profits and community organisations. Since the foundation was created in 2003, they have provided over $14 million in grants to over 350 community projects and initiatives.

Source: Newcastle Permanent

Through their Community Sponsorship program, Newcastle Permanent focusses on contributing to healthy minds, healthy bodies, happy lives, and passionate people. Healthy minds means investing in children’s education – they sponsor the Primary School Mathematics Competition (2016 was their biggest comp to date), Blackbutt Junior Ranger Program, and the Herald School Newspaper Competition.

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Premium Plus Package Home Loan 80% 150-499k

Canstar Research
Rating:
Award: Outstanding Value Home Loans

Established Variable

$350,000

View the 2018 Home Loans Star Rating Report

Written by: William Jolly | Last updated: May 24, 2018