Bridging Loan
Our Bridging Loan is available to help you buy your new dream home when you haven’t already sold your existing home. It also provides a competitive fixed rate and the certainty of knowing that your rate won’t increase during the Bridging Loan period.
- From (owner occupied)
- 7.49%
- 7.53% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 1 year Interest only repayments are deferred for up to 12 months. | 7.49% | 7.53% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Dishonour (Direct Debit and Cheque) Capped at $0.00 · 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. | Dishonour | $9.00 |
| Document and Miscellaneous Service Capped at $0.00 · 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). | Enquiry | Variable |
| Default Administration Fee 2 Capped at $0.00 · 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). | Late payment | $50.00 |
| Settlement Reschedule Fee 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. | Event | $85.00 |
| Electronic Transfer Fee Capped at $0.00 · Payable to us when we are required to electronically transfer money for settlement. | Withdrawal |
Features
- Digital banking
- Redraw facility
- Redraw: You can redraw funds if you need them and funds can be redrawn online at any time without a fee.
- Flexibility: there is no need to make repayments during the 12 month Bridging Loan period.
- Extra repayments
- Additional repayments allowed and there are no penalties for early repayment.
Eligibility
- Minimum age — 18 years
- Individuals only
- Residency status — Must live in Australia and be either: an Australian citizen, an Australian permanent resident or a New Zealand citizen
- Applications for finance are subject to Newcastle Permanent’s normal credit approval process. We recommended contacting us to discuss eligibility requirements as a Bridging Loan is not suitable for all customers.
Constraints
- Maximum LVR — 80%Maximum LVR for Bridging loan purposes only.
More Information
Published by Newcastle Permanent Building Society under the Consumer Data Right · Last updated 24 June 2026 · Product ID HL_Bridging · View on CDR.gov.au