Newcastle Permanent Building Society

Get a fair go with a mortgage from Newcastle Permanent Building Society.

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On this page you can find information about Newcastle Permanent home loans. Skip ahead to the full table of products or read more about the lender.

Compare Newcastle Permanent home loans

Compare Newcastle Permanent home loan products below and hit "load more" to see a fuller selection of loans. "Go to site" will direct you to Newcastle Permanent’s website for the product you selected. You can also find more information on each individual product by clicking "more info".

Rates last updated January 23rd, 2020
$
Loan purpose
Offset account
Loan type
Repayment type
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Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
Newcastle Permanent Building Society  Premium Plus Package Fixed Rate - 1 Year Fixed (Owner Occupier, P&I)
2.99%
4.13%
$0
$395 p.a.
90%
Enjoy a competitive rate with no application fee for this package loan. $2,500 cashback for first home buyers (owner occupier loans with P&I repayments, borrowing $250K or more).
Newcastle Permanent Building Society  Premium Plus Package Fixed Rate - 2 Year Fixed (Investor, P&I)
3.17%
4.36%
$0
$395 p.a.
80%
Investors can lock in their rate for two years and pay no upfront fees.
Newcastle Permanent Building Society Real Deal Home Loan - Special Offer 1 (Owner Occupier, P&I)
3.19%
3.23%
$595
$0 p.a.
90%
$2,500 cashback for first home buyers (owner occupier loans with P&I repayments, borrowing $250K or more).

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Newcastle Permanent lender profile

  • Newcastle Permanent has been operating for over 100 years and now has $11 billion in assets. They have a network of branches in and around the Newcastle area, plus strong online and phone support.
  • Newcastle Permanent is a building society, which means it has members rather than customers. As a member you reap the rewards of a profitable financial institution through lower fees and interest rates.
  • Newcastle Permanent reinvests a portion of its profits into community and charitable causes.

Newcastle Permanent mortgage features

Newcastle Permanent has multiple home loans for investors and owner occupiers, with fixed and variable rates.

FeatureDetails
Deposit sizeYou can borrow up to 90% with many Newcastle Permanent mortgages, and even 95% on some.
Split rateMost Newcastle Permanent mortgages allow you to split your loan into fixed and variable portions.
Interest onlyThe Newcastle Permanent Premium Plus Package Fixed Rate and the Newcastle Permanent Premium Plus Package Variable both have interest only rates for investors and owner occupiers.
Package beneftsNewcastle Permanent's Premium Plus Package loans let you combine a mortgage with an offset account and credit card, plus car and personal loans for a single annual fee (this saves you money on fees for the individual products, which is beneficial if you actually use them).
RedrawMost Newcastle Permanent loans have a redraw facility.

How do I apply for a Newcastle Permanent mortgage?

Clicking "Go to Site" on Newcastle Permanent's comparison table will start your application process and redirect you through to Newcastle Permanent’s website.

Eligibility

Each Newcastle Permanent product have specific eligibility criteria but some will apply to all products. For example:

  • Age. You must be over 18 years of age.
  • Residency. You should be a resident of Australia.
  • Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with Newcastle Permanent you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

  • Identification documents. You will need identification such as a driver's license, passport or birth certificate.
  • Proof of income documents. Recent payslips can establish your income.
  • Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

Detailed guide to home loan applications and paperwork

Looking for more mortgage options?

Home Loan Offers

Important Information*
Logo for St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)
St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)

Online only cashback offer: Refinancers borrowing $250,000 or more can get a $4,000 cashback for their first application (Other terms, conditions and exclusions apply). Buyers and refinancers can get this competitive variable interest rate. Application fee waived for loans above $150,000.

Logo for UBank UHomeLoan Variable Rate - Discount offer for Owner Occupiers, P&I Borrowing over $200,000
UBank UHomeLoan Variable Rate - Discount offer for Owner Occupiers, P&I Borrowing over $200,000

Take advantage of a low-fee mortgage with a special interest rate of just 2.84% p.a. and a 2.84% p.a. comparison rate.

Logo for loans.com.au Essentials - Variable (Owner Occupier, P&I)
loans.com.au Essentials - Variable (Owner Occupier, P&I)

A competitive interest rate home loan with interest only options. Interest rate 3.04% p.a.
comp rate of 3.06% p.a.

Logo for loans.com.au Smart Home Loan - (Owner Occupier, P&I)
loans.com.au Smart Home Loan - (Owner Occupier, P&I)

Get one of the lowest variable interest rates on the market and pay 0 application or ongoing fees.

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6 Responses

  1. Default Gravatar
    LesleyJanuary 14, 2020

    Do you do reverse mortgages? My son is wanting to do major repairs to his home and has asked if my husband and I could get a reverse mortgage. We currently owe $21,000.00 on our home which is valued at about $750,000. We would be needing a reverse mortgage for $100,000.00.

    • Avatarfinder Customer Care
      NikkiJanuary 16, 2020Staff

      Hi Lesley,

      Thanks for your comment and I hope you are doing well. Newcastle doesnt offer reverse mortgages at this time. You can, however, review our page on reverse mortgages HERE. You will find a table that compares the features and benefits of each home loan provider such as max loan rate, interest and etc. This way it will be easier for you to see which provider fits you best.You can also click the compare box beside each loan option and compare up to 4 options side by side for easier comparison. We recommend that you seek financial advice and evaluate all of your options to ensure that you make a decision that’s right for your own individual circumstances. Remember, it is important to read the information provided by the lenders such as their terms of use, privacy policy, and disclosures before making any decisions.

      It is also a good idea to speak to a mortgage broker to get professional, personalized advice. ​Mortgage brokers are professionals who sort through hundreds of loans in the market so borrowers don’t have to. A mortgage broker’s service is usually free because they earn a commission from the lender. A good mortgage broker can make life easier and they can help borrowers in difficult circumstances to find a home loan that matches their situation.

      Hope this helps and feel free to reach out to us again for further assistance.

      Cheers,
      Nikki

  2. Default Gravatar
    JosephineOctober 5, 2014

    I wish to purchase a property at Batlow NSW the question I have is with $50,000 cash and the property being 130,000 will you lend a 60 year old person on the DSP pension money for a home loan.

    • Avatarfinder Customer Care
      ShirleyOctober 7, 2014Staff

      Hi Josephine,

      Thanks for your question.

      These types of applications are usually handled on a case by case basis. Newcastle Permanent will have a look at how much you receive from DSP pension and how permanent the payment is. I’d recommend that you get in touch with them directly to discuss your options and eligibility.

      Cheers,
      Shirley

  3. Default Gravatar
    TamarJanuary 28, 2014

    my husband and i are both 52 this year and looking at better home loan. we are currently with NAB on a variable rate of 5.42%. we are looking at selling our home in the next 2 years , we wish to rebuild and invest in another property . we are self employed since 1994 . which home loan would you recommend

    • Avatarfinder Customer Care
      MarcJanuary 28, 2014Staff

      Hi Tamar,
      thanks for the question.

      Unfortunately I’m not able to recommend specific loan products. I’d recommend reading our refinancing guide to learn more about how to compare loans when refinancing so you can decide on a good home loan.

      I hope this helps,
      Marc.

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