Police Bank

Police Value Home Loan

Police Bank · residential mortgages

Provider last updated this product 2026-09-02.

Go to provider You'll complete your application on Police Bank's website. Confirm the rate and fees with them before applying.

Helping Police Officers with a low rate home loan that has a great range of features to help pay off your home sooner.

As published by the lender

Headline rates - from 5.84% to 7.09%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	5.94%	6.01%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	-	up to 60%	calculated daily, paid monthly
Owner Occupied P&I LVR<60% C13
FIXED	6.24%	6.04%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	12 months	up to 60%	calculated daily, paid monthly
Owner Occupied P&I LVR<60% 1 Yr C13
FIXED	6.24%	6.07%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	24 months	up to 60%	calculated daily, paid monthly
Owner Occupied P&I LVR<60% 2 Yr C13
FIXED	5.84%	5.99%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	36 months	up to 60%	calculated daily, paid monthly
Owner Occupied P&I LVR<60% 3 Yr C13
FIXED	6.49%	6.26%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	60 months	up to 60%	calculated daily, paid monthly
Owner Occupied P&I LVR<60% 5 Yr C13
VARIABLE	6.24%	6.13%	OWNER OCCUPIED	INTEREST ONLY	-	up to 60%	calculated daily, paid monthly
Owner Occupied IO LVR<60% C13
FIXED	6.39%	6.06%	OWNER OCCUPIED	INTEREST ONLY	12 months	up to 60%	calculated daily, paid monthly
Owner Occupied IO LVR<60% 1 Yr C13
FIXED	6.39%	6.10%	OWNER OCCUPIED	INTEREST ONLY	24 months	up to 60%	calculated daily, paid monthly
Owner Occupied IO LVR<60% 2 Yr C13
FIXED	5.99%	6.02%	OWNER OCCUPIED	INTEREST ONLY	36 months	up to 60%	calculated daily, paid monthly
Owner Occupied IO LVR<60% 3 Yr C13
FIXED	6.69%	6.33%	OWNER OCCUPIED	INTEREST ONLY	60 months	up to 60%	calculated daily, paid monthly
Owner Occupied IO LVR<60% 5 Yr C13
VARIABLE	5.99%	6.06%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	-	60% - 90%	calculated daily, paid monthly
Owner Occupied P&I LVR 60%-90% C14
FIXED	6.24%	6.09%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	12 months	60% - 90%	calculated daily, paid monthly
Owner Occupied P&I LVR 60%-90% 1 Yr C14
FIXED	6.24%	6.11%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	24 months	60% - 90%	calculated daily, paid monthly
Owner Occupied P&I LVR 60%-90% 2 Yr C14
FIXED	5.84%	6.02%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	36 months	60% - 90%	calculated daily, paid monthly
Owner Occupied P&I LVR 60%-90% 3 Yr C14
FIXED	6.54%	6.31%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	60 months	60% - 90%	calculated daily, paid monthly
Owner Occupied P&I LVR 60%-90% 5 Yr C14
VARIABLE	6.29%	6.19%	OWNER OCCUPIED	INTEREST ONLY	-	60% - 90%	calculated daily, paid monthly
Owner Occupied IO LVR 60%-90% C14
FIXED	6.39%	6.10%	OWNER OCCUPIED	INTEREST ONLY	12 months	60% - 90%	calculated daily, paid monthly
Owner Occupied IO LVR 60%-90% 1 Yr C14
FIXED	6.39%	6.14%	OWNER OCCUPIED	INTEREST ONLY	24 months	60% - 90%	calculated daily, paid monthly
Owner Occupied IO LVR 60%-90% 2 Yr C14
FIXED	5.99%	6.06%	OWNER OCCUPIED	INTEREST ONLY	36 months	60% - 90%	calculated daily, paid monthly
Owner Occupied IO LVR 60%-90% 3 Yr C14
FIXED	6.74%	6.38%	OWNER OCCUPIED	INTEREST ONLY	60 months	60% - 90%	calculated daily, paid monthly
Owner Occupied IO LVR 60%-90% 5 Yr C14
VARIABLE	6.34%	6.41%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	-	90% - 95%	calculated daily, paid monthly
Owner Occupied P&I LVR>90% C9
FIXED	6.34%	6.41%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	12 months	90% - 95%	calculated daily, paid monthly
Owner Occupied P&I LVR>90% 1 Yr C9
FIXED	6.34%	6.41%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	24 months	90% - 95%	calculated daily, paid monthly
Owner Occupied P&I LVR>90% 2 Yr C9
FIXED	6.24%	6.39%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	36 months	90% - 95%	calculated daily, paid monthly
Owner Occupied P&I LVR>90% 3 Yr C9
FIXED	6.69%	6.57%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	60 months	90% - 95%	calculated daily, paid monthly
Owner Occupied P&I LVR>90% 5 Yr C9
VARIABLE	6.44%	6.45%	OWNER OCCUPIED	INTEREST ONLY	-	90% - 95%	calculated daily, paid monthly
Owner Occupied IO LVR>90% C9
FIXED	6.49%	6.43%	OWNER OCCUPIED	INTEREST ONLY	12 months	90% - 95%	calculated daily, paid monthly
Owner Occupied IO LVR>90% 1 Yr C9
FIXED	6.49%	6.44%	OWNER OCCUPIED	INTEREST ONLY	24 months	90% - 95%	calculated daily, paid monthly
Owner Occupied IO LVR>90% 2 Yr C9
FIXED	6.39%	6.42%	OWNER OCCUPIED	INTEREST ONLY	36 months	90% - 95%	calculated daily, paid monthly
Owner Occupied IO LVR>90% 3 Yr C9
FIXED	6.94%	6.67%	OWNER OCCUPIED	INTEREST ONLY	60 months	90% - 95%	calculated daily, paid monthly
Owner Occupied IO LVR>90% 5 Yr C9
VARIABLE	6.14%	6.21%	INVESTMENT	PRINCIPAL AND INTEREST	-	up to 60%	calculated daily, paid monthly
Investment P&I LVR<60% C15
FIXED	6.39%	6.24%	INVESTMENT	PRINCIPAL AND INTEREST	12 months	up to 60%	calculated daily, paid monthly
Investment P&I LVR<60% 1 Yr C15
FIXED	6.39%	6.26%	INVESTMENT	PRINCIPAL AND INTEREST	24 months	up to 60%	calculated daily, paid monthly
Investment P&I LVR<60% 2 Yr C15
FIXED	5.99%	6.17%	INVESTMENT	PRINCIPAL AND INTEREST	36 months	up to 60%	calculated daily, paid monthly
Investment P&I LVR<60% 3 Yr C15
FIXED	6.59%	6.41%	INVESTMENT	PRINCIPAL AND INTEREST	60 months	up to 60%	calculated daily, paid monthly
Investment P&I LVR<60% 5 Yr C15
VARIABLE	6.29%	6.27%	INVESTMENT	INTEREST ONLY	-	up to 60%	calculated daily, paid monthly
Investment IO LVR<60% C15
FIXED	6.49%	6.25%	INVESTMENT	INTEREST ONLY	12 months	up to 60%	calculated daily, paid monthly
Investment IO LVR<60% 1 Yr C15
FIXED	6.49%	6.28%	INVESTMENT	INTEREST ONLY	24 months	up to 60%	calculated daily, paid monthly
Investment IO LVR<60% 2 Yr C15
FIXED	6.09%	6.20%	INVESTMENT	INTEREST ONLY	36 months	up to 60%	calculated daily, paid monthly
Investment IO LVR<60% 3 Yr C15
FIXED	6.74%	6.47%	INVESTMENT	INTEREST ONLY	60 months	up to 60%	calculated daily, paid monthly
Investment IO LVR<60% 5 Yr C15
VARIABLE	6.19%	6.26%	INVESTMENT	PRINCIPAL AND INTEREST	-	60% - 80%	calculated daily, paid monthly
Investment P&I LVR 60% - <80% C16
FIXED	6.39%	6.28%	INVESTMENT	PRINCIPAL AND INTEREST	12 months	60% - 80%	calculated daily, paid monthly
Investment P&I LVR 60% - <80% 1 Yr C16
FIXED	6.39%	6.30%	INVESTMENT	PRINCIPAL AND INTEREST	24 months	60% - 80%	calculated daily, paid monthly
Investment P&I LVR 60% - <80% 2 Yr C16
FIXED	5.99%	6.21%	INVESTMENT	PRINCIPAL AND INTEREST	36 months	60% - 80%	calculated daily, paid monthly
Investment P&I LVR 60% - <80% 3 Yr C16
FIXED	6.64%	6.46%	INVESTMENT	PRINCIPAL AND INTEREST	60 months	60% - 80%	calculated daily, paid monthly
Investment P&I LVR 60% - <80% 5 Yr C16
VARIABLE	6.34%	6.32%	INVESTMENT	INTEREST ONLY	-	60% - 80%	calculated daily, paid monthly
Investment IO LVR 60% - <80% C16
FIXED	6.49%	6.29%	INVESTMENT	INTEREST ONLY	12 months	60% - 80%	calculated daily, paid monthly
Investment IO LVR 60% - <80% 1 Yr C16
FIXED	6.49%	6.32%	INVESTMENT	INTEREST ONLY	24 months	60% - 80%	calculated daily, paid monthly
Investment IO LVR 60% - <80% 2 Yr C16
FIXED	6.09%	6.23%	INVESTMENT	INTEREST ONLY	36 months	60% - 80%	calculated daily, paid monthly
Investment IO LVR 60% - <80% 3 Yr C16
FIXED	6.79%	6.52%	INVESTMENT	INTEREST ONLY	60 months	60% - 80%	calculated daily, paid monthly
Investment IO LVR 60% - <80% 5 Yr C16
VARIABLE	6.44%	6.51%	INVESTMENT	PRINCIPAL AND INTEREST	-	80% - 90%	calculated daily, paid monthly
Investment P&I LVR 80%-90% C17
FIXED	6.49%	6.52%	INVESTMENT	PRINCIPAL AND INTEREST	12 months	80% - 90%	calculated daily, paid monthly
Investment P&I LVR 80%-90% 1 Yr C17
FIXED	6.49%	6.52%	INVESTMENT	PRINCIPAL AND INTEREST	24 months	80% - 90%	calculated daily, paid monthly
Investment P&I LVR 80%-90% 2 Yr C17
FIXED	6.39%	6.50%	INVESTMENT	PRINCIPAL AND INTEREST	36 months	80% - 90%	calculated daily, paid monthly
Investment P&I LVR 80%-90% 3 Yr C17
FIXED	6.79%	6.67%	INVESTMENT	PRINCIPAL AND INTEREST	60 months	80% - 90%	calculated daily, paid monthly
Investment P&I LVR 80%-90% 5 Yr C17
VARIABLE	6.49%	6.53%	INVESTMENT	INTEREST ONLY	-	80% - 90%	calculated daily, paid monthly
Investment IO LVR 80%-90% C17
FIXED	6.59%	6.53%	INVESTMENT	INTEREST ONLY	12 months	80% - 90%	calculated daily, paid monthly
Investment IO LVR 80%-90% 1 Yr C17
FIXED	6.59%	6.54%	INVESTMENT	INTEREST ONLY	24 months	80% - 90%	calculated daily, paid monthly
Investment IO LVR 80%-90% 2 Yr C17
FIXED	6.49%	6.53%	INVESTMENT	INTEREST ONLY	36 months	80% - 90%	calculated daily, paid monthly
Investment IO LVR 80%-90% 3 Yr C17
FIXED	6.94%	6.73%	INVESTMENT	INTEREST ONLY	60 months	80% - 90%	calculated daily, paid monthly
Investment IO LVR 80%-90% 5 Yr C17
VARIABLE	6.34%	6.41%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	-	up to 90%	calculated daily, paid monthly
Owner Occupied P&I LVR=90% C3 ACT Land Rent Scheme
FIXED	6.34%	6.41%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	12 months	up to 90%	calculated daily, paid monthly
Owner Occupied P&I LVR=90% 1 Yr C3 ACT Land Rent Scheme
FIXED	6.34%	6.41%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	24 months	up to 90%	calculated daily, paid monthly
Owner Occupied P&I LVR=90% 2 Yr C3 ACT Land Rent Scheme
FIXED	6.24%	6.39%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	36 months	up to 90%	calculated daily, paid monthly
Owner Occupied P&I LVR=90% 3 Yr C3 ACT Land Rent Scheme
FIXED	6.69%	6.57%	OWNER OCCUPIED	PRINCIPAL AND INTEREST	60 months	up to 90%	calculated daily, paid monthly
Owner Occupied P&I LVR=90% 5 Yr C3 ACT Land Rent Scheme
VARIABLE	6.44%	6.45%	OWNER OCCUPIED	INTEREST ONLY	-	up to 90%	calculated daily, paid monthly
Owner Occupied IO LVR=90% C3 ACT Land Rent Scheme
FIXED	6.49%	6.43%	OWNER OCCUPIED	INTEREST ONLY	12 months	up to 90%	calculated daily, paid monthly
Owner Occupied IO LVR=90% 1 Yr C3 ACT Land Rent Scheme
FIXED	6.49%	6.44%	OWNER OCCUPIED	INTEREST ONLY	24 months	up to 90%	calculated daily, paid monthly
Owner Occupied IO LVR=90% 2 Yr C3 ACT Land Rent Scheme
FIXED	6.39%	6.42%	OWNER OCCUPIED	INTEREST ONLY	36 months	up to 90%	calculated daily, paid monthly
Owner Occupied IO LVR=90% 3 Yr C3 ACT Land Rent Scheme
FIXED	6.94%	6.67%	OWNER OCCUPIED	INTEREST ONLY	60 months	up to 90%	calculated daily, paid monthly
Owner Occupied IO LVR=90% 5 Yr C3 ACT Land Rent Scheme
VARIABLE	7.09%	6.15%	OWNER OCCUPIED	INTEREST ONLY	-	up to 80%	calculated daily, paid monthly
Owner Occupied IO Bridging Loan C11

Fees

Fee	Type	Amount	Details
Monthly Product Split Fee	PERIODIC	$7	$7 per additional product per month during the period of the split, debited to the account for the other product each month.
Mortgage Discharge Fee	EXIT	$294	Payable when you ask us to prepare a discharge of mortgage. Note: This fee does not include registration costs for the land titles office
Additional Statement Fee	OTHER	-	$5.00 + $1.50 per page, payable when you request an additional statement.
Excess Valuation fee	EVENT	-	At Cost. Payable if and when the costs of valuing your security property/ies exceeds $300 in aggregate over the term of the loan. Calculated as an amount of the excess.
Establishment fee	UPFRONT	$600	-
Arrears Letter Fee	EVENT	$6.50	Payable when we send you an arrears letter asking you to remedy an arrears under a loan contract.
Insurance	EVENT	-	At Cost. Insurance requirements may vary from applicant to applicant. Any compulsory insurance requirements will be advised on application. For example, you may be required to pay for Lenders Mortgage Insurance; and must pay mortgage property and Motor Vehicle Insurance.
Stamp Duty	EVENT	-	At Cost. Payable at the rate charged by the Office of State Revenue or its interstate counterparts when payable by law.
Independent Legal Advice/Interpreter Service	EVENT	-	At Cost. You may be advised to seek independent legal advice or interpreter services. If so, you will be charged a fee by the service provider.
Consent to Subdivision Fee	EVENT	$162	Payable when you ask for our consent to register a subdivision or other plan or dealing.
PPSR Fees (Personal Properties Security Register)	EVENT	-	At Cost. Certain loans will require us to use the services of PPSR. If we do so, the following may be payable; PPSR Registration Fee, PPSR Financier Interest Enquiry and PPSR Variation of Interest.
Issue of Statutory Default Notice Legal Fees	DISHONOUR	-	-
Pest & Building Inspections Fees	EVENT	-	At Cost. Payable to inspectors if we require a pest or building inspection.
Bridging Home Loan Establishment Fee	EVENT	$880	For Bridging Loans only
Other Legal/ Solicitors Fees	EVENT	-	At Cost. Payable to our solicitors when you ask us to take any action in respect of the loan or your property and we incur legal fees.
Second Mortgage Consent Fee	EVENT	$75	Payable when you ask us to consent to a second mortgage
Default Notice Fee	EVENT	$21.50	Payable when we send you a default notice under a loan contract when an arrears remains unremedied after we have sent you an arrears letter.
Substituting of Security Legal fee	EVENT	$605	Payable to us when you substitute an existing property with a new property as security for your home loan.
Legal/Securities fees	EVENT	-	At Cost.
Substituting Securities fee	EVENT	$315	Payable to us when you substitute an existing property with a new property as security for your home loan.
Mortgage Loan Top Up / Increase in Credit Limit Fee	EVENT	$315	Payable on application or funding. Applies to all Home Loan Applications
Production of Title Fee	EVENT	$110	Payable to our solicitors when you ask us to produce the certificate of title of your property to enable registration of a plan or any document dealing with your property
Other Government Duties & Taxes	EVENT	-	At Cost. Any applicable Government Taxes, Duties and Fees will be passed on to you.
RTGS Transfer Fee	EVENT	$10.50	Payable when we are required to transfer settlement funds to an agent on behalf of our Solicitor.
Third Party Costs	OTHER	-	Any other costs charged to us by a third party will be passed on to you. Some examples are as follows: • Title Change Fee • Land and Property Information Search Fees • Land and Property Information Registration Fees
Early Repayment Fee	OTHER	-	Early Repayment Fee payable, if, during any fixed rate period, you: (a) repay the whole of your unpaid balance (full early repayment); (b) pay $5000 or more in repayments above the contractual repayments (partial early repayment); or (c) become obliged to repay the whole loan after you have defaulted (full early repayment) and the fixed rate that applied to the loan is more than the prevailing market interest rate at the time of the early repayment, as determined by us in our absolute discretion.
General Consent Fee	EVENT	$250	Payable when you ask for our consent to any matter relating to a loan contract or security (other than a matter for which a separate fee is payable).
Additional Valuation Fee	EVENT	-	At Cost. Payable to our valuer if more than one security is required for your loan and/or when application is made for additional finance and/or altering the title of the property or the property itself and Police Bank Loan policy dictates that a subsequent valuation is required.
Late Payment Fee	LATE_PAYMENT	$10	Charged where the whole or any part of your loan repayment remains unpaid after 14 days past the due date. Applies to all Police Bank loans and continuing credit accounts
Stamp Duty Increase Fee	EVENT	-	At Cost. Payable at the rate charged by the Office of State Revenue or its interstate counterparts when topping up an existing loan where the original stamp duty is not sufficient; when payable by law.
Future Legal Costs and Disbursements Relating to any Variations, Dealings, Discharges	EVENT	-	At Cost. Payable to our solicitors when we incur costs in the enforcement of your contract. The costs may include court costs, legal costs, repossession costs and administrative costs.
Fixed Rate Lock Fee	EVENT	$600	-

Rate history

Rate Comparison rate

The figures behind this chart

From	Until	Rate	Comparison
2026-07-15	2026-09-01	6.14%	6.14%
2026-09-03	2026-09-30 (current)	5.84%	5.99%

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

offsetredrawextra repayments

Available for the ACT Rent Land Scheme
Confirmation Of Payee
Split loan

Who can apply

natural person
otherPolice Value Home Loan only available to current serving Police Officers or a Retired Police Officer(s) who are a member of a Union that is associated with the Police Federation of Australia. This includes NSW Police Association (including Associate members), and the Australian Federal Police Association.
min age - 18
residency status - Australian Residents
residency status - Australian Citizen

Limits

min limit - 50000.00
max lvr - 0.95

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: 2026-09-02T14:01:28.139Z · Product ID: e90d86eb-0cba-44f9-84b0-de05030cade4