Lowest owner-occupied variable rate this week from our panel lender: Newcastle Permanent’s Basic Real Deal Variable is currently one of the lowest-priced options, with rates from 5.24% p.a., supported by a simple, low-cost loan structure.
Fixed-rate options for repayment certainty: Newcastle Permanent’s Premium Plus Package offers 2-, 3- and 5-year fixed terms, allowing borrowers to align their fixed period with short-, medium- or longer-term budgeting needs.
Broader borrowing scenarios covered: This week’s list also includes fixed-rate construction loans and low-rate variable investment options, reflecting different property and borrowing strategies.
Welcome to your Weekly Low Rates Roundup with Aussie, where we cut through the noise and get straight to what matters: securing you a great home loan deal. Weekly, our team does the legwork to find the sharpest interest rates in the market.
With the rising cost of living and mortgage repayments pinching harder than ever, staying informed has never been more important. That’s where we come in.
We’re for buyers, full stop. While much of the real estate world might favour property owners looking to sell, at Aussie, we’ve got your back if you want to purchase, invest, or simply find a better deal for your home loan.
It’s no fluff or BS, just facts, figures, and a genuine desire to help you chase your homeownership goals.
This week’s lowest rates
Here’s a quick snapshot of this week’s standout offers. Remember, these are generally available rates, but individual circumstances (like credit history, property location, and loan-to-value ratio) can influence the deal you ultimately secure.
Newcastle Permanent Basic Real Deal
(Owner-Occupied – Variable)
Newcastle Permanent’s Basic Real Deal Variable (P&I Owner-Occupied) is a sharp, low-cost option for borrowers who want a competitive variable rate without paying for extras they may not use. Here are its key features:
Low variable interest rate:
Initial rate: 5.24% p.a.* (comparison rate: 5.28% p.a.)**
Simple loan structure: Focused on keeping costs down.
Owner-occupied, P&I repayments
Minimum loan amount: $150,000
There’s no offset account or bundled features, but if your priority is a sharp rate and straightforward repayments, this loan is worth considering.
Newcastle Permanent Premium Plus Package
(Owner-Occupied, Fixed)
Looking for repayment certainty across different timeframes? Newcastle Permanent’s Premium Plus Package offers a range of fixed-rate options for owner-occupiers who want predictable repayments, with the flexibility to choose how long they lock in. Its key features include:
Fixed interest rate options:
2-year fixed rate: 5.19% p.a.* (comparison rate: 7.02% p.a.)**
3-year fixed rate: 5.39% p.a.* (comparison rate: 6.91% p.a.)**
5-year fixed rate: 5.59% p.a.* (comparison rate: 6.75% p.a.)**
Repayment certainty: Rates and repayments remain fixed for the chosen term, supporting short-, medium- or longer-term budgeting.
Principal and interest repayments: Gradually reduce your loan balance over time.
Package loan structure: Access to the Premium Plus Package, which may include bundled features and benefits (terms apply).
Owner-occupied loans only
Minimum loan amount: $150,000
Newcastle Permanent’s Premium Plus Package may suit owner-occupiers who want to lock in a fixed rate while choosing a term that aligns with their plans, whether that’s reassessing in two years or prioritising longer-term certainty.
Newcastle Permanent Premium Plus Package
(Construction – Fixed)
Building or renovating? Newcastle Permanent’s Premium Plus Package Fixed (Construction) provides repayment certainty while supporting construction lending.
Here are its key features:
Fixed interest rate:
Initial rate: 5.19% p.a.* (comparison rate: 7.02% p.a.)**
Construction-friendly structure: Supports progress payments.
Package loan format
Owner-occupied construction loan
Minimum loan amount: $150,000
Construction loans can be more complex than standard home loans, so having an Aussie Broker guide you through the setup and drawdown stages can help avoid surprises.
Newcastle Permanent Basic Real Deal Variable
(Investment – Variable)
Also new to this week’s list is Newcastle Permanent’s Basic Real Deal Variable (P&I, Investment), a low-rate variable option designed for investors focused on keeping ongoing interest costs down.
With a variable rate and a simpler loan structure, this option may suit investors who want flexibility and are comfortable with rates moving over time.
Its key features include:
Low variable interest rate:
Initial rate: 5.44% p.a.* (comparison rate: 5.48% p.a.)**
Variable repayments: Rates can rise or fall in line with market changes.
Principal and interest option: Supports gradual repayment of the loan balance.
Basic loan structure: Fewer bundled features, which may help keep costs lower.
Minimum loan amount: $150,000
This loan may not suit investors looking for premium features such as multiple offset accounts or package benefits.
Here’s a table summarising our pick for this week’s lowest-rate loan products:
Loan product | Interest rate* | Comparison rate** |
|---|---|---|
Newcastle Permanent Basic Real Deal (Owner-Occupied – Variable) | 5.24% p.a.* | 5.28% p.a.** |
Newcastle Permanent Premium Plus Package (Owner-Occupied, Fixed) | 2-year fixed rate: 5.19% p.a.* 3-year fixed rate: 5.39% p.a.* 5-year fixed rate: 5.59% p.a.** | 2-year fixed rate: 7.02% p.a.** 3-year fixed rate: 6.91% p.a.** 5-year fixed rate: 6.75% p.a.** |
Newcastle Permanent Premium Plus Package (Construction – Fixed) | 5.19% p.a.* | 7.02% p.a.** |
Newcastle Permanent Basic Real Deal Variable (Investment – Variable) | 5.44% p.a.* | 5.48% p.a.** |
Let Aussie help with your loan application
Getting a home loan with a low interest rate can improve your long-term financial stability. Stay informed about the latest rates and review your options regularly to ensure you get the right deal for you.
If you're considering refinancing or taking out a new loan, book a free^ appointment with our Aussie brokers to help guide you through the process and secure the most competitive rate for your needs.
With the right loan, you can save money and achieve your homeownership goals sooner.
Stay in the know
Bookmark this page: We update these rates monthly, so you always have the freshest deals at your fingertips. Come back each month to stay in the loop.
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Talk to Aussie: See a rate that catches your eye? Get in touch, and our brokers will guide you through the next steps, tailoring the right home loan product to your situation.
How Aussie has your back
At Aussie, we compare 25+ lenders, assess your unique circumstances, and stay on top of government concessions, grants, and local and national property trends. Our service is free^, so you get expert insights without the extra costs.
Everyone’s journey is different. Some people are stepping onto the property ladder for the first time, while others are upsizing, downsizing, or investing. Wherever you are, we’ll help you secure a loan that supports your goals and keeps your finances on track.
The next step: Talk to an Aussie Broker
Ready to see if one of these loans is the perfect fit? Book a free^ appointment with an Aussie Broker. We’ll cut through the noise, ask the right questions, and give you the facts so you can make a confident decision.
With the right loan, you could save big and reach your homeownership or investment goals sooner than you think.