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Competitive rate

Low variable interest rate.

No ongoing fees

Avoid ongoing monthly loan maintenance fees.

Borrow up to 90%

Lower rate for Loan to Value Ratios under 80%.

Repayment options

Choose between interest only or principal and interest.

There’s no need to overthink your investment property loan

Whether you’re looking to set yourself up with rental income, capital growth, or a retirement nest egg, we’re here to help. Our Fixed Rate Investor Loan offers you a choice of terms and flexible repayment options, so you can manage your loan – and your investment – your way.

Fixed rate, flexible options

  • Fixed interest rate.
  • Borrow up to 90% of the property value.
  • Interest-only repayment option available.
  • Choose to repay weekly, fortnightly, or monthly.
  • Make extra payments up to $25,000 without penalty during the fixed rate period. 
  • Flexible options to split your home loan. Fix a portion of your loan and pay variable rates on the rest.

Rates & fees

Keep your costs down with a range of terms and low fees.

The basics

Loan purpose Investment property
Minimum loan amount $20,000
Maximum fixed rate term 5 years
Maximum loan term 30 years

Interest rates

Less than 80% Loan to Value Ratio (LVR)

Fixed Term Fixed rate

Comparison rate*

1 Year 6.59% p.a. 6.53% p.a.
2 Year 6.39% p.a. 6.50% p.a.
3 Year 6.49% p.a. 6.52% p.a.
4 Year 6.54% p.a. 6.54% p.a.
5 Year 6.69% p.a. 6.61% p.a.

80% to 90% Loan to Value Ratio (LVR)

Fixed Term Fixed rate

Comparison rate*

1 Year 6.79% p.a. 6.55% p.a.
2 Year 6.59% p.a. 6.54% p.a.
3 Year 6.59% p.a. 6.55% p.a.
4 Year 6.74% p.a. 6.61% p.a.
5 Year 6.89% p.a. 6.70% p.a.

Fee type

Monthly maintenance fee $0
Document preparation fee $300.00
Rate lock in fee $650.00
Switch fee (from other P&N Bank loan) $300.00
Break cost fee – may apply if the Fixed Rate Loan is paid out any time prior to the term of the fixed rate period.

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

What will your fixed rate loan repayments be?

Look into the future with our home loan repayment calculator and check how much your repayments will be. You can also see what could happen to your term if you pay weekly or fortnightly, rather than monthly.

Repayment calculator

More calculators

Applying for your fixed rate home loan is simple

Saving money and paying off your home loan sooner is easy with a Fixed Rate Home Loan. And we’ve made applying for your loan just as simple.

You can apply:

  • In your nearest branch – remember to bring all your ID and supporting documentation.
  • Over the phone – call us on 13 25 77and one of our friendly loan consultants will help you with your home loan application.
  • At home or at work – our mobile lending team can come to you, or we can set up a video call.

Applying for your home loan is easier and quicker when you've got what you need, so be prepared with your: 

  • Identity documents
    • primary photo ID (e.g. passport or driver's licence), or
    • primary ID without a photo (e.g. birth certificate or citizenship certificate) and a secondary ID (e.g. a utility bill with your name and address on it).
  • Employment details – contact details of your current and previous employer if less than 2 years.
  • Income details – payslips or, if you're self-employed, tax assessments for the last two years, and financial statements.
  • Regular expenses – such as food, rent, electricity, telcos, insurance & medical costs.
  • Assets – a rundown of any assets that you own (any cars, deposit accounts, home contents, properties, investments).
  • Liabilities – the details of any loans, credit cards, pay later or other debts you have.

Got everything? Let’s get your application started.

Book an appointment

Ready to apply?

Set up a phone, video or in-person appointment with an investment loan specialist.

We’re here to help

Drop us your details and an investment loan specialist will get back to you.

Talk to our friendly team

Got a question? Call us on 13 25 77, pop into your nearest branch or chat with us online.

Your home loan questions answered

Your fixed rate home loan will automatically 'roll-over' to a standard variable rate home loan upon maturity. We'll notify you of this in advance.

If you wish to explore other home loan products or your options at the of your fixed rate loan, please call us on 13 25 77 to speak with one of our home loan specialists.

If you have a home loan with another bank or lender, it's easy to switch to P&N Bank. 

We have mobile home loan specialists who can visit you at home or work if you'd like to talk in person, or if you'd prefer we can arrange a virtual appointment to discuss your needs online.

Our lending specialist will work with you to help you understand the best loan, or mix of loans, for your personal needs and guide you through the application process. 

If you'd like to speak to a home loan specialist, please contact 13 25 77 or book an appointment online.

When you split your home loan you can divide your debt into multiple loans (e.g. a fixed rate loan and a variable rate loan). This may help you to reduce the impact of interest rate fluctuations while retaining the features and benefits you want. 

For example, a fixed rate loan gives you the confidence of knowing how much your repayments will be and protects you against rate rises. In comparison, a standard variable rate loan allows you to make extra repayments and gives you the flexibility to redraw them at any time, providing you meet the relevant requirements to do so.

If you'd like to speak to a home loan specialist to see if a split home loan can benefit you, please contact 13 25 77 or book an appointment online.

A Rate Lock is an optional feature of a fixed rate home loan.

It helps lock in a rate for 3 months to avoid any uncertainty with rate changes for a
fee. Terms and conditions apply.

Reach out to one of our lenders if you would like to know more.

View all home loan fees

Important information

Banking and Credit products issued by Police & Nurses Limited (P&N Bank).

Any information on this website is general in nature and does not consider your personal needs, objectives or financial situation. Our rates are current as of today and can change at any time. Credit eligibility criteria, terms & conditions, fees & charges apply. 

Please consider the terms and conditions and whether a product is right for you. 

*Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. For variable Interest Only loans, comparison rates are based on an initial 3 year Interest Only period. For fixed Interest Only loans, comparison rates are based on an initial Interest Only period equal in length to the fixed period. During an Interest Only period, your Interest Only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan.

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.

Home loan rate after fixed period reverts to the Variable Home Loan rate ( currently from
6.29% p.a.