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 $600,000 in NSW with links direct to the providers 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.

 

Compare Home Loans

Additional conditions may apply to different features. Please ensure that you read the product disclosure statement to determine all the current loan terms and conditions for the product you are considering. 

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.
    • Minimum loan amount $150,000 – up to $500,000 maximum loan amount.
  • 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.
    • Minimum loan amount $0 (Premium) or $50,000 (Real Deal) – up to unlimited maximum loan amount.

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 loan
  • Fixed rate home loan
  • Line of credit home loan
  • Package home loan

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

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

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 or call them on 13 19 87 (open 7 days).

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:

Compare Home Loans

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. Healthy bodies includes sponsoring Surf Life Saving, Central Coast MarinersACTIVE program, and the Northern NSW Football Club. Happy lives is all about family-friendly events such as the Cinema Under the Stars. And passionate people involve staff volunteering, donations, and fundraising.

As for protecting the environment, Newcastle Permanent has a solid approach to sustainability. They make sure their customers and suppliers get involved, too, in activities such as recycling, minimising water usage, and minimising energy consumption. They also deliver statements via email or use paper from managed plantation forests, and they donate old computers to charity.

Compare Home Loans with Canstar

Premium Plus Package Home Loan

Canstar Research
Rating:
Award: Outstanding Value Home Loans

Established Variable

$600,000+

View the 2017 Home Loans Star Rating Report

Written by: TJ Ryan | Last updated: