Owner Occupied Premium Plus Package Home Loan Interest Rates

Premium Plus Package Fixed Rate Home Loan
1 Year Premium Plus Package Fixed Rate - Special~ 5.89%p.a. 7.92%p.a.
1 Year Premium Plus Package Fixed Rate 5.99%p.a. 7.94%p.a.
2 Year Premium Plus Package Fixed Rate - Special~ 5.69%p.a. 7.69%p.a.
2 Year Premium Plus Package Fixed Rate 5.79%p.a. 7.71%p.a.
3 Year Premium Plus Package Fixed Rate - Special~ 5.59%p.a. 7.48%p.a.
3 Year Premium Plus Package Fixed Rate 5.69%p.a. 7.51%p.a.
4 Year Premium Plus Package Fixed Rate - Special~ 5.59%p.a. 7.30%p.a.
4 Year Premium Plus Package Fixed Rate 5.69%p.a. 7.34%p.a.
5 Year Premium Plus Package Fixed Rate - Special~ 5.59%p.a. 7.14%p.a.
5 Year Premium Plus Package Fixed Rate 5.69%p.a. 7.19%p.a.
1 Year Premium Plus Package Fixed Rate - Interest Only - Special~ 6.29%p.a. 7.96%p.a.
1 Year Premium Plus Package Fixed Rate - Interest Only 6.49%p.a. 7.99%p.a.
2 Year Premium Plus Package Fixed Rate - Interest Only - Special~ 6.09%p.a. 7.77%p.a.
2 Year Premium Plus Package Fixed Rate - Interest Only 6.29%p.a. 7.81%p.a.
3 Year Premium Plus Package Fixed Rate - Interest Only - Special~ 5.99%p.a. 7.59%p.a.
3 Year Premium Plus Package Fixed Rate - Interest Only 6.19%p.a. 7.65%p.a.
4 Year Premium Plus Package Fixed Rate - Interest Only - Special~ 5.99%p.a. 7.45%p.a.
4 Year Premium Plus Package Fixed Rate - Interest Only 6.19%p.a. 7.52%p.a.
5 Year Premium Plus Package Fixed Rate - Interest Only - Special~ 5.99%p.a. 7.32%p.a.
5 Year Premium Plus Package Fixed Rate - Interest Only 6.19%p.a. 7.40%p.a.

Premium Plus Package Variable Home Loan
Premium Plus Package - Discount 1 6.09%p.a. 6.43%p.a.
Premium Plus Package - Discount 2 7.00%p.a. 7.33%p.a.
Premium Plus Package Variable Rate Tier 4 7.82%p.a. 8.14%p.a.
Premium Plus Package Variable Rate Tier 3 7.87%p.a. 8.19%p.a.
Premium Plus Package Variable Rate Tier 2 7.97%p.a. 8.29%p.a.
Premium Plus Package Variable Rate Tier 1 8.02%p.a. 8.33%p.a.
Premium Plus Package - Discount 1 - Interest Only 6.55%p.a. 6.61%p.a.
Premium Plus Package - Discount 2 - Interest Only 7.54%p.a. 7.55%p.a.
Premium Plus Package Variable Rate Tier 4 - Interest Only 8.31%p.a. 8.34%p.a.
Premium Plus Package Variable Rate Tier 3 - Interest Only 8.36%p.a. 8.39%p.a.
Premium Plus Package Variable Rate Tier 2 - Interest Only 8.46%p.a. 8.49%p.a.
Premium Plus Package Variable Rate Tier 1 - Interest Only 8.51%p.a. 8.54%p.a.
Interest rates effective as of 23/12/2024 and are subject to change without prior notice.
Applications are subject to credit approval. Full terms and conditions will be included with our loan offer. Fees and charges are payable.
References to "LVR" mean Loan to Valuation Ratio which is calculated by dividing the loan amount by the value of the property (as determined by us). There may be a difference between the purchase price and the value of the property.
At the current time, to be eligible for any Fixed Rate Home Loan with Interest Only repayments an LVR of less than 90% will be required.
*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.
#Premium Plus Package Fixed Rate Reverts to Premium Plus Package Tier 4 variable interest rate at the end of the Fixed Rate period.
** Premium Plus Package interest rates are generally determined by combined loan balances at the time you first borrow or as follows:
Tier 1 - combined loan balances below $500,000
Tier 2 - combined loan balances over $500,000
Tier 3 - combined loan balances over $750,000
Tier 4 - combined loan balances over $900,000
***Premium Plus Package Variable Rate Discount Discounted interest rates are available for new borrowers applying for a Premium Plus Package Home Loan for an owner occupied home with interest only repayments with a minimum balance of $150,000. Existing Newcastle Permanent customers are eligible to receive the discounted interest rates if:
•They have a Premium Plus Package Home Loan for an owner occupied home with interest only repayments and they increase it by a minimum of $150,000 in new borrowings; or
•They convert an existing Newcastle Permanent loan to a Premium Plus Package Home Loan for an owner occupied home with interest only 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). At the current time, the LVR requirements are as follows:
•Discount 1 - For loans with an LVR of less than or equal to 80%, a discount of 1.76% is deducted from the Tier 4 Premium Plus Package Variable Rate – Interest Only Interest rate.
•Discount 2 - For loans with an LVR of greater than 80% and less than 90%, a discount of 0.77% is deducted from the Tier 4 Premium Plus Package Variable Rate – Interest Only Interest rate.
At the end of the Interest Only period, the loan will revert to the relevant owner occupied Premium Plus Package Home Loan interest rate with principal and interest repayments.
Terms and conditions, fees and charges apply.
***Premium Plus Package Variable Rate Discounted interest rates are available for new borrowers applying for a Premium Plus Package Home Loan for an owner occupied home with principal and interest repayments with a minimum balance of $150,000. Existing Newcastle Permanent customers are eligible to receive the discounted interest rate if: 
•they have a Premium Plus Package Home Loan for an owner occupied home 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 Premium Plus Package Home Loan for an owner occupied home 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). At the current time, the LVR requirements are as follows:
•Discount 1 - For loans with an LVR of less than or equal to 80%, a discount of 1.73% is deducted from the Premium Plus Package Variable Rate Tier 4.
•Discount 2 - For loans with an LVR of greater than 80% and less than 95%, a discount of 0.82% is deducted from the Premium Plus Package Variable Rate Tier 4.
Terms and conditions, fees and charges apply.
~Special interest rate is currently available to loans with an LVR of less than or equal to 80%.

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General Advice Warning: Any general advice on this website (including via webchat) has been prepared without taking into account your objectives, financial situation or needs. Therefore, before acting on the advice, you should consider its appropriateness (having regard to your personal circumstances). Before deciding to acquire a financial product from us, you should also consider the relevant Terms and Conditions or Product Disclosure Statement.