{
  "source": "https://openbank.newcastlepermanent.com.au/cds-au/v1/banking/products/HL_realoptionsIO",
  "note": "Product Reference Data published by the data holder under the Consumer Data Right, as cached by this site (refreshed every 6 hours).",
  "data": {
    "productId": "HL_realoptionsIO",
    "effectiveFrom": "2004-12-10T13:00:00.000+11:00",
    "effectiveTo": "9999-12-29T13:00:00.000+11:00",
    "lastUpdated": "2026-06-24T14:00:00.000+10:00",
    "productCategory": "RESIDENTIAL_MORTGAGES",
    "name": "Real Options Home Loan Interest Only",
    "description": "A competitive variable interest rate that has no monthly or annual account keeping fees",
    "brand": "NPBS",
    "brandName": "Newcastle Permanent Building Society",
    "additionalInformation": {
      "overviewUri": "https://www.newcastlepermanent.com.au/personal/home-loans",
      "feesAndPricingUri": "https://www.newcastlepermanent.com.au/personal/home-loans"
    },
    "bundles": [],
    "features": [
      {
        "featureType": "OTHER",
        "additionalInfo": "Split Loan"
      },
      {
        "featureType": "DIGITAL_BANKING",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/tools-and-services/digital-banking"
      },
      {
        "featureType": "EXTRA_REPAYMENTS",
        "additionalInfo": "You can make regular additional repayments and extra lump sum payments."
      },
      {
        "featureType": "REDRAW"
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "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.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/everyday-banking-product-schedule"
      }
    ],
    "constraints": [
      {
        "constraintType": "MIN_LIMIT",
        "additionalValue": "5000.00",
        "additionalInfo": "Note that the credit limit we give you will depend on your ability to meet your repayments."
      },
      {
        "constraintType": "MAX_LVR",
        "additionalValue": "0.90",
        "additionalInfo": "Maximum LVR for Interest Only loans."
      }
    ],
    "eligibility": [
      {
        "eligibilityType": "MIN_AGE",
        "additionalValue": "18"
      },
      {
        "eligibilityType": "OTHER",
        "additionalInfo": "Credit Approval. Applications for home loans are subject to the Bank's normal credit approval."
      },
      {
        "eligibilityType": "RESIDENCY_STATUS",
        "additionalValue": "Must live in Australia and be either: an Australian citizen, an Australian permanent resident or a New Zealand citizen"
      },
      {
        "eligibilityType": "NATURAL_PERSON"
      }
    ],
    "fees": [
      {
        "name": "Default Administration Fee 2",
        "feeType": "LATE_PAYMENT",
        "currency": "AUD",
        "additionalInfo": "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). ",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/mortgage-fact-sheet",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "fixedAmount": {
          "amount": "50.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Electronic Transfer Fee",
        "feeType": "WITHDRAWAL",
        "currency": "AUD",
        "additionalInfo": "Payable to us when we are required to electronically transfer money for settlement.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/mortgage-fact-sheet",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "fixedAmount": {
          "amount": "30.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Default Administration Fee 1",
        "feeType": "LATE_PAYMENT",
        "currency": "AUD",
        "additionalInfo": "Where one payment or less is in arrears at the end of the month.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/mortgage-fact-sheet",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "fixedAmount": {
          "amount": "35.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Dishonour (Direct Debit and Cheque)",
        "feeType": "DISHONOUR",
        "currency": "AUD",
        "additionalInfo": "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.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/mortgage-fact-sheet",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "fixedAmount": {
          "amount": "9.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "International Transfer Inward",
        "feeType": "DEPOSIT",
        "currency": "AUD",
        "additionalInfo": "Fee applies for the conversion of international transfers in a foreign currency to Australian dollars.",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "fixedAmount": {
          "amount": "12.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Substitution in Security Fee",
        "feeType": "VARIATION",
        "currency": "AUD",
        "additionalInfo": "Payable when the Security listed on a mortgage is changed. You may also be charged a valuation fee which is unascertainable.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/mortgage-fact-sheet",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "fixedAmount": {
          "amount": "350.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Settlement Cheque Fee NPBS Cheque only",
        "feeType": "WITHDRAWAL",
        "currency": "AUD",
        "additionalInfo": "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.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/mortgage-fact-sheet",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "fixedAmount": {
          "amount": "5.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Consent Fee",
        "feeType": "EVENT",
        "currency": "AUD",
        "additionalInfo": "Payable whenever we agree to a change relating to the title of the property.",
        "fixedAmount": {
          "amount": "200.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Discharge Administration Fee",
        "feeType": "EXIT",
        "currency": "AUD",
        "additionalInfo": "Payable whenever we arrange for a discharge of mortgage. There may also be fees charged by a third party.",
        "fixedAmount": {
          "amount": "250.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Document and Miscellaneous Service",
        "feeType": "ENQUIRY",
        "currency": "AUD",
        "additionalInfo": "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).",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "variable": {},
        "feeMethodUType": "variable",
        "discounts": []
      },
      {
        "name": "Settlement Reschedule Fee",
        "feeType": "EVENT",
        "currency": "AUD",
        "additionalInfo": "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.",
        "fixedAmount": {
          "amount": "85.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Conversion Fee",
        "feeType": "VARIATION",
        "currency": "AUD",
        "additionalInfo": "May be payable when converting loan product type.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/mortgage-fact-sheet",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "fixedAmount": {
          "amount": "350.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Application Fee",
        "feeType": "UPFRONT",
        "currency": "AUD",
        "additionalInfo": "Payable to us when increasing borrowing against an existing security. Also known as a loan top-up.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/mortgage-fact-sheet",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "fixedAmount": {
          "amount": "350.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Title Search Fee",
        "feeType": "UPFRONT",
        "currency": "AUD",
        "additionalInfo": "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).",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "fixedAmount": {
          "amount": "75.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Establishment Fee",
        "feeType": "UPFRONT",
        "currency": "AUD",
        "additionalInfo": "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.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/mortgage-fact-sheet",
        "fixedAmount": {
          "amount": "595.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Redraw Fee via Branch",
        "feeType": "WITHDRAWAL",
        "currency": "AUD",
        "additionalInfo": "Redraw of advance funds via a Branch.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/mortgage-fact-sheet",
        "fixedAmount": {
          "amount": "25.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      }
    ],
    "depositRates": [],
    "lendingRates": [
      {
        "lendingRateType": "VARIABLE",
        "rate": "0.0899000000",
        "comparisonRate": "0.0877000000",
        "calculationFrequency": "P1D",
        "applicationFrequency": "P1M",
        "interestPaymentDue": "IN_ARREARS",
        "repaymentType": "INTEREST_ONLY",
        "loanPurpose": "OWNER_OCCUPIED",
        "applicationType": "PERIODIC",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/home-loan-interest-rates",
        "applicabilityConditions": []
      }
    ],
    "isTailored": false
  }
}