The & Basic Home Loan offers a low variable rate for owner occupiers looking to borrow up to 90% of the property value. It has no establishment fee, a redraw facility and the flexibility of being able to make extra repayments so you can pay off your loan sooner.
- Great rate - access to a low variable rate home loan.
- Flexible loan sizes - obtain a loan that suits your needs, starting at $50,000 and up to 90% of the property value.
- Pay your loan off sooner - make additional payments and pay your loan off faster.
- Borrowing less than 60%? - Enjoy a lower rate when you borrow less than 60% 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 |
| & Basic Home Loan |
< 60.00% |
2.39% p.a. |
2.39% p.a. |
| & Basic Home Loan |
> 60.00% |
2.49% p.a. |
2.49% p.a. |
It’s easy to apply for an & Basic Home Loan with P&N Bank. Simply get all your details ready and choose how to apply.
How to apply
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 friendly 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.
What you need
You'll need either 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. a utility bill with your name and address on it).
During your application we’ll ask you to provide information, such as:
- income details (payslips, or if you're self employed, tax assessments for the last two years and financial statements)
- contact details for your current and previous employer
- any assets you own (e.g. value of any cars, deposit accounts, properties, etc)
- any loans, credit cards or other amounts owing
