& Basic Home Loan
The & Basic Home Loan offers a low variable rate for owner occupiers looking to borrow up to 90% of the property value. Find out more here.
A P&N Bank Easypay Home Loan makes it more affordable for you to buy your ideal home, thanks to a low interest rate and a longer term to repay your mortgage.
- Great rate - ongoing access to a low variable interest rate.
- Offset account available - option of a 100% offset account available to owner occupiers and residential property investors.
- For loans of all sizes - obtain a loan that suits your needs starting at $20,000 right up to 95% of the property value.
- Flexible repayments - weekly, fortnightly and monthly repayment options available.
- Pay your loan off sooner - make additional payments and pay your loan off faster.
- Redraw facility - access the equity in your loan and use the funds to achieve other financial goals.
Interest Rates
| Product Name |
Rate
(Variable) |
Comparison Rate |
|---|---|---|
| Easypay Home Loan | 4.87% p.a. | 4.87% p.a. |
Credit products issued by Police & Nurses Limited (P&N Bank) ABN 69 087 651 876 AFSL/Australian Credit Licence 240701. Lending criteria, terms & conditions, fees & charges apply. Rates subject to change.
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.