Newcastle Permanent
Real Deal Home Loan Principal and Interest
Newcastle Permanent · residential mortgages
Provider last updated this product 2026-09-16.
One of our best rates, includes redraw and allows additional repayments.
As published by the lender
- Headline rates - from 5.94% to 8.10%The lender publishes several headline rates; which one applies is the lender's decision.
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| VARIABLE | 6.74% | 6.78% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | $150,000+, LVR 80% - 95% | calculated daily, paid monthly |
| Real Deal Special 2 available for loans $150k+, with LVR above 80% | |||||||
| VARIABLE | 8.10% | 8.15% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | - | calculated daily, paid monthly |
| VARIABLE | 5.94% | 5.98% | OWNER OCCUPIED | PRINCIPAL AND INTEREST | - | $150,000+, LVR up to 80% | calculated daily, paid monthly |
| Real Deal Special 1 available for loans $150k+, with LVR of 80% or less | |||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Settlement Reschedule Fee | EVENT | $85 | Payable to us when your discharge settlement is cancelled and/or rescheduled. This fee is payable in either cash or cheque at the time of settlement. |
| Establishment Fee | UPFRONT | $595 | Establishing a loan is an involved process and requires the expertise of trained staff to assess the loan application, create detailed documentation, coordinate settlement and register the mortgage. |
| Document and Miscellaneous Service | ENQUIRY | - | Fee applies if you request copies of documents such as withdrawal slips or statements, you ask us to verify a transaction on your account or you request any other information. It is calculated on an hourly basis, and charged to your account on a pro-rata basis (subject to minimum charges applying) after the search is undertaken. $60/hour (min $10/copy). |
| Consent Fee | EVENT | $200 | Payable whenever we agree to a change relating to the title of the property. |
| Default Administration Fee 2 | LATE_PAYMENT | $50 | Where more than one repayment is in default (the fee will be charged the month the payment is due and each later month until the month after you pay the amount). |
| Electronic Transfer Fee | WITHDRAWAL | $30 | Payable to us when we are required to electronically transfer money for settlement. |
| Default Administration Fee 1 | LATE_PAYMENT | $35 | Where one payment or less is in arrears at the end of the month. |
| Substitution in Security Fee | VARIATION | $350 | Payable when the Security listed on a mortgage is changed. You may also be charged a valuation fee which is unascertainable. |
| Application Fee | UPFRONT | $350 | Payable to us when increasing borrowing against an existing security. Also known as a loan top-up. |
| International Transfer Inward | DEPOSIT | $12 | Fee applies for the conversion of international transfers in a foreign currency to Australian dollars. |
| Conversion Fee | VARIATION | $350 | May be payable when converting loan product type. |
| Dishonour (Direct Debit and Cheque) | DISHONOUR | $9 | If you ask us to take a payment, either direct debit or salary deduction and you do not have enough funds in your account to cover this payment, you will be charged a fee. |
| Settlement Financial Institution Cheque Fee | WITHDRAWAL | $5 | Payable to us when we are required to issue Financial Institution Cheques for settlement. Financial Institution Cheque means a cheque which is issued by us and drawn on us. Where the settlement cheque is drawn by a third party, the fee charged to us by the third party will be passed on to you. The amount of these third party fees may vary and are unascertainable as at the date of these terms and conditions. |
| Redraw Fee via Branch | WITHDRAWAL | $25 | Redraw of advance funds via a Branch. |
| Title Search Fee | UPFRONT | $75 | This comprises our external searcher’s fee and the Land and Property Information fees. (If the security involves a Community Scheme, or is outside New South Wales, or is old system title, this fee is unascertainable and may be higher. We may charge you what our solicitors or agents charge us to perform this search). |
| Discharge Administration Fee | EXIT | $250 | Payable whenever we arrange for a discharge of mortgage. There may also be fees charged by a third party. |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-07-15 | 2026-09-14 | 5.99% | 6.03% |
| 2026-09-17 | 2026-09-30 (current) | 5.94% | 5.98% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- This loan type is eligible to be linked to an Everyday Account known as Partial Offset. Please see the Everyday Account Product Schedule or talk to us for more information.
- Split Loan
Who can apply
- min age - 18
- otherCredit Approval. Applications for home loans are subject to the Bank's normal credit approval.
- natural person
- residency status - Must live in Australia and be either: an Australian citizen, an Australian permanent resident or a New Zealand citizen
Limits
- min limit - 50000.00Note that the credit limit we give you will depend on your ability to meet your repayments.
- max lvr - 0.95Maximum LVR for Principal and Interest loans.
The provider's own documents
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-09-16T00:00:00+10:00 · Product ID: HL_realdealPI