BSB 806 015

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BSB 806 015

Easy Living Home Loan

A reverse mortgage option for over 65s with a competitive variable interest rate for those wanting to access the equity in your home.

Available to

Over 65s

Variable interest rate


Flexible repayment options


Redraw facility


A P&N Bank Easy Living Home Loan is a reverse mortgage option for those in the Perth area and over 65. It lets you increase your retirement income by giving you access to the equity in your home.

  • Move with the market - variable interest rates may lead to lower loan repayments.
  • Enjoy your retirement - choose to make no repayments and settle your loan when your property is sold.
  • Optional repayment options - you may make repayments to your Easy Living Home Loan by making interest only, lump sum or regular repayments, the choice is yours.
  • Redraw facility - your funds may be accessed at any time you need them.
  • For loans of all sizes - obtain a loan that suits your needs starting at $10,000 up to 35% of the property value.

Interest rates

Product Name Rate
Comparison Rate
Easy Living Home Loan 5.40% p.a. 5.40% p.a.

Easy Living Home Loan fees & charges

Establishment fee (includes one valuation)
includes one valuation$0
additional valuationsat cost*
Administration charges
Annual fee$0

*At cost refers to costs incurred by P&N Bank resulting from the provision of a product or service requested by the member, which will be passed on to the member.

It’s easy to apply for an Easy Living Home Loan with P&N Bank. Simply get all your details ready and one of our reverse mortgage specialists will assist you with the application process.

What you need

  • Your Australian driver's licence or your Australian passport OR your birth certificate or citizenship certificate plus a utility bill
  • Details of your assets and liabilities (eg. property, loans, shares)
  • To be available for a face to face interview within the Perth metropolitan area or Bunbury. Prospective Geraldton members will need to travel to the Perth metopolitan area

Apply now

We'll come to you

Meet our mobile lending team and then book a home loan appointment and they’ll visit you at home or at work.

Variable 5.40 % p.a. Interest Rate

5.40 % p.a. Comparison Rate

Enquire Request appointment


Other fees & charges that apply to all of our accounts can be found on our fees and charges page.

To use this website you are required to read the Credit Guide (which you agree to be provided by accessing this link). Lending criteria applies. Terms and conditions apply and are available on request. Rates stated are subject to change without notice. Fees and charges are payable.

View Home Loan Terms and Conditions

Create a Home Loan Key Fact Sheet

Comparison rate based on a loan of $150,000 for a term of 25 years.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates.

Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

On applicable home loans, loan value ratio (LVR) is the proportion of money you borrow for a home loan compared to the value of the property.

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