Real Deal Home Loan Interest Only
One of our best rates, includes redraw and allows additional repayments
- From (owner occupied)
- 6.19%
- 6.11% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Real Deal Special 1 available for loans $150k+, with LVR of 80% or less | 6.19% | 6.11% | Real Deal Special 1 BalanceReal Deal Special 1 LVR |
| Variable Real Deal Special 2 available for loans $150k+, with LVR above 80% | 7.09% | 6.93% | Real Deal Special 2 BalanceReal Deal Special 2 LVR |
| Variable | 8.59% | 8.37% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Establishment Fee 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. | Upfront | $595.00 |
| Default Administration Fee 1 Capped at $0.00 · Where one payment or less is in arrears at the end of the month. | Late payment | $35.00 |
| Title Search Fee Capped at $0.00 · 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). | Upfront | $75.00 |
| Discharge Administration Fee Payable whenever we arrange for a discharge of mortgage. There may also be fees charged by a third party. | Exit | $250.00 |
| Conversion Fee Capped at $0.00 · May be payable when converting loan product type. | Variation | $350.00 |
| Document and Miscellaneous Service |
Features
- Split Loan
- Cashback offer — 2500.00 - 3000.00
- Online Cashback Offer available on eligible purchased and refinanced loans for applications submitted through our online application channel. See Offer terms and conditions for details.
- Digital banking
- Extra repayments
- You can make regular additional repayments and extra lump sum payments.
- 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.
- Redraw facility
Eligibility
- Residency status — Must live in Australia and be either: an Australian citizen, an Australian permanent resident or a New Zealand citizen
- Individuals only
- Minimum age — 18 years
- Credit Approval. Applications for home loans are subject to the Bank's normal credit approval.
Constraints
- Minimum limit — $50,000.00Note that the credit limit we give you will depend on your ability to meet your repayments.
- Maximum LVR — 90%Maximum LVR for Interest Only loans.
More Information
Published by Newcastle Permanent Building Society under the Consumer Data Right · Last updated 24 June 2026 · Product ID HL_realdealIO · View on CDR.gov.au