Terms and conditions, fees, charges and credit criteria apply. Special 2 – For loans with an LVR of greater than 80%, and less than 95%, a discount of 1.41% is deducted from the Real Deal Home Loan interest rate.Special 1 – For loans with an LVR of less than or equal to 80%, a discount of 2.06% is deducted from the Real Deal Home Loan interest rate.Currently, the LVR requirements are as follows: The special interest rate is determined by reference to the applicable LVR. They convert an existing Newcastle Permanent loan to a Real Deal Home Loan with principal and interest repayments and they increase it by a minimum of $150,000 in new borrowings.Ĭonverted borrowings do not constitute new borrowings.They have a Real Deal Home Loan with principal and interest repayments and they increase it by a minimum of $150,000 in new borrowings or.Existing Newcastle Permanent customers are also eligible to receive the special interest rates if: Unlike term deposits, a business savings account allows you to withdraw funds when you need to without penalty and without having to give any notice.
** Real Deal At the current time, special interest rates are available for new borrowers applying for a Real Deal Home Loan for an owner occupied home with principal and interest repayments with a minimum balance of $150,000.
