More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/Newcastle-Permanent.png
Comparison Rate
3.9
Name
Real Deal Basic Variable Owner Occupied IO Special <80% LVR
Lender
Newcastle Permanent
Product Name
Basic Variable io
Product Details
A low variable home loan rate with no ongoing account keeping fees. Features such as a redraw facility and additional repayments. Max I/O period 5 years.
Variable Rate
4.09
Fixed Rate
Fixed Period
Introductory Discount Rate
Discount Period
Application Fees
595
Discharge Fees
250
Ongoing Fees
Valuation Fees
Lenders Legal Fees
Lenders Settlement Fees
Minimum Loan Amount
150000
Max Loan Amount
2000000
Owner Occupied
Y
Investment
N
Repayment Option
Interest Only
ACT
Y
NSW
Y
TAS
N
QLD
N
VIC
N
SA
N
WA
N
NT
N
Standard Variable
N
Fixed
N
Interest In Advance
N
Reverse Mortgage
N
Basic
Y
No Doc
N
Low Doc
N
Equity
N
Intro
N
Credit Impaired
N
Professional Pack
N
Minimum Loan Term (years)
1
Max Loan Term (years)
30
Rate Details
Special 0.88% off Real Deal rate (already included) for new borrowings of $150k or more. Rate reverts to P&I (discounted by 0.76%) at end of IO term.
Fee Details
Special Offer: Application fee of $595 is waived for all Owner Occupied secured loans. First valuation fee is covered. If multiple properties are involved, NPBS will pay for the lower of the valuations. Valuation fee pricing guide, properties valued < $1m fee range is $179-$433 and for properties over $1m the minimum fee is $550. Discharge Fee is $250 plus costs. Top up fee $350
Internet Banking
Y
Mortgage Offset Available
N
Redraw Details
Available via Branch or Online. Registration required for Online ability. $25 in branch. $10 Online
Redraw Facility
Y
Construction
Y
Can Make Extra Repayments
Y
Repayments Fortnightly
Y
Repayments Monthly
Y
Repayments Weekly
Y
Salary Direct Available
Y
Portability
Y
Split Available
Y
Split Details
No limit on splits. No additional Fees where all borrowers are the same