The Offset Home Loan is a variable rate loan for owner occupiers looking to borrow up to 95% of the property value. The loan also provides the options to redraw and have an offset account to reduce interest charges and help you pay your loan down quicker.
- Great rate - access to a low variable home loan.
- Optional 100% offset transaction account - an & Access Account which gives you a 100% balance interest offset against your Offset Home Loan with no monthly fee.
- Pay your loan off sooner - make additional payments and pay your loan off faster.
- Redraw facility - pay more into your home loan and access the funds when you need them.
- Borrowing less than 60% or 80%? – Enjoy a lower rate when you borrow less than 60% or 80% of the value of the property
Interest rates
| Product Name |
LVR |
Rate
(Variable)
|
Comparison Rate |
| Offset Home Loan |
< 60.00% |
3.29% p.a. |
3.29% p.a. |
| Offset Home Loan |
< 80.00% |
3.49% p.a. |
3.49% p.a. |
| Offset Home Loan |
< 95.00% |
3.97% p.a. |
3.97% p.a. |
It’s easy to apply for an Offset Home Loan with P&N Bank. Simply get all your details ready and choose how to apply.
How to apply
In person
We can help you 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
Get in touch with our mobile lending team and book an appointment for a time that suits you. This could be while you're at home or work, or if video appointments are more convenient, we can arrange that too!
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
