BSB 806 015

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BSB 806 015

Smooth Home Loan

Our ‘no frills’ option, with no monthly fee, flexible payments and redraw facility.

Loan term

5 - 30 years

Redraw facility


Account fees

No monthly maintenance fee

A P&N Bank Smooth Home Loan is our ‘no frills’ home loan option with a low interest rate and flexible payments, so you can repay your loan as quickly as possible.

  • Great rate - ongoing access to a low variable interest rate.
  • No account fees - no monthly maintenance fee.
  • For loans of all sizes - obtain a loan that suits your needs starting at $20,000 right up to 90% of the property value (inclusive of Lenders Mortgage Insurance).
  • Flexible repayments - weekly, fortnightly and monthly repayment options available.
  • Pay your loan off sooner - make additional payments and pay your loan off faster.
  • Borrowing less than 80%? -  Enjoy a lower variable rate when you borrow less than 80% of the value of your property.
  • Redraw facility - pay more into your home loan and access the funds when you need them. 

Interest rates

Product Name LVR Rate
Comparison Rate
Smooth Home Loan < 80.00% 3.87% p.a. 3.87% p.a.
Smooth Home Loan > 80.00% 3.97% p.a. 3.97% p.a.

Smooth Home Loan fees & charges

Monthly maintenance fee$0
Establishment fee (includes one valuation)
includes one valuation$0
additional valuationsat cost*
Switch Fee$300

*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 a Smooth Home Loan with P&N Bank. Simply get all your details ready and choose how to apply.

What you need

  • Primary ID with a photo (ie. passport or driver’s licence), or primary ID without a photo (ie. birth certificate or citizenship certificate) plus secondary ID (ie. utility bill)
  • Income details (payslips / if self employed, tax assessments for the last two years and financial statements)
  • Contact details for your current and previous employer
  • Details of your assets and liabilities (eg. property, loans, shares)

How to get started

In person

Apply for a home loan in person at your nearest branch. Be sure to bring along all the documents you'll need.

Over the phone

Call us on 13 25 77 and one of our local loan consultants will help you with your home loan application.

We'll come to you

Meet our mobile lending team and book a home loan appointment. They'll visit you at home or at work.


Variable from 3.87 % p.a. Interest Rate

3.87 % 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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