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Up to $3000 Cashback for Refinance, Rates from 3.49% 1 Yrs Fixed @ Newcastle Permanent

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One of the lowest 1 year fixed rates in the market as RBA is expect to do further increase with predictions of cash rate being approximately 1.75% by the end of this year and 2.5 per cent by the end of 2023.
(https://www.abc.net.au/news/2022-05-17/reserve-bank-minutes-….)
This would mean variable rates would around 3.5%-4% by the end of the year and potentially 4.7-5% by the end of 2023

They also provide FREE 60 DAY RATE LOCK and allow additional repayments up to $25,000 per annum. Plus, up to $3,000 cashback when your customers refinance with us.

Principal and Interest Owner Occupied HOME LOAN
Variable - 2.87% (CPR 2.45%) FOR LVR <80%
1 year fixed - 3.49% (CPR 4.61%) FOR LVR <80%
2 year fixed - 4.29% (CPR 4.69%) FOR LVR <80%

Principal and Interest INVESTMENT HOME LOAN
Variable - 3.07% (CPR 3.11%) FOR LVR <80%
1 year fixed - 3.69% (CPR 4.93%) FOR LVR <80%
2 year fixed - 4.49% (CPR 4.99%) FOR LVR <80%

Fees for Newcastle Permanent Premium Plus home loan
Annual fee - $395
Establishment fee - Nil

$3000 Cashback for loans above $500 000
$2000 Cashback for loans above $250 000 and below $500 000

APPLICATION MUST BE SUBMITTED BEFORE THE 30th of SEPTEMBER 2022 and SETTLED BY 30th of NOVEMBER 2022.

^Cashback Offer available for loans refinanced from another financial institution. Applications must be submitted by 30/09/22 and funded by 30/11/22. Cashback will be deposited after settlement to an eligible NPBS deposit account. Only one (1) Cashback Payment per eligible loan. Not available in conjunction with any other promotional payment. Offer may be varied or withdrawn at any time. Terms and conditions are here. https://drive.google.com/file/d/1VaBO7a20puODj0O8dyW_aU-VClD…. https://drive.google.com/file/d/1BONMyIQ9VGPdirqCicMW3SdEQJr…

We also offer the following product as well
ANZ - 2.79% variable for Owner Occupied + 300 000 Qantas Points
Suncorp - 2.72% variable rate for Owner Occupied up to $4000 cashback
Westpac - 2.59% variable rate for Owner Occupied up to $4000 cashback

Heroes Home Loans are also providing an additional incentive broker rebate of up to $4,000 if user our service (note this applies to all products).

Mod: Removed dupe from title

Related Stores

Newcastle Permanent
Newcastle Permanent
Heroes Home Loans
Heroes Home Loans
Third-Party

closed Comments

  • Your article is a little…dated. The real feel is that interest rates will be around 2.5% come the end of the year. Buyers should really proceed with caution.

    • Makes it a better incentive to lock in rates then.

      • So they can get slapped again when the rate expires?

  • A 1 year fixed rate with a 4.6% comparison is pointless.

    • This.

      • No it's not. Can you find a fixed rate that's lower and offer cashback probably not. The reason why the comparison rate is so high it's because of the annual fee over 30 years. If you keep the loan for a two years, and refinance again you have done very well for yourself comparing right now some of the major banks fixed rates are in the mid 4-5%. For example ANZ two year fixed rate is 5.49%. .

  • I hope they have improved their systems!! A few years back, net banking looked like a page designed by a newbie. And browsing through was a real pain - the menus and options were all over the place.

    • It's alot better now, they have made some massive improvements to their website and apps.

  • Isnt it refinancing not that easy? Lits of paperwork exactly the same as a new loan. Bank valuations etc…. Not to mention the processing time, can be 3 months before it settles?

    • It's the easiest way to save thousands of dollars without penny pinching.

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