Newcastle Permanent
Business Loan Fixed Rate Interest Only
If you need to borrow money for your business, whether it’s to purchase a property or any other business purpose, with our Business Fixed Rate Fully Drawn Advance you can enjoy the certainty of fixed interest rates and repayments.
At a glance
- Pricing
- Rates on application
- Fixed
- 6.50%
- Upfront fee
- $600
§ 01 — Rates · 5
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedBase rate only, an additional margin is applied for security type (cash, residential and commercial) and the applicants credit risk. | Interest only | 1 yr fixed | — | 6.71% | — | — |
| FixedBase rate only, an additional margin is applied for security type (cash, residential and commercial) and the applicants credit risk. | Interest only | 2 yrs fixed | — | 6.50% | — | — |
| FixedBase rate only, an additional margin is applied for security type (cash, residential and commercial) and the applicants credit risk. | Interest only | 3 yrs fixed | — | 6.60% | — | — |
| FixedBase rate only, an additional margin is applied for security type (cash, residential and commercial) and the applicants credit risk. | Interest only | 4 yrs fixed | — | 6.80% | — | — |
| FixedBase rate only, an additional margin is applied for security type (cash, residential and commercial) and the applicants credit risk. | Interest only | 5 yrs fixed | — | 6.80% | — | — |
§ 02 — Fees · 12
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Consent and Execution of Leases, Plans of Subdivision etc. | Event | $150 | — | Consent and Execution of Leases, Plans of Subdivision etc. |
| Limit Excess Fee | Event | $17.50 | — | A limit excess fee of $17.50 each time the facility limit is exceeded. If the balance owing exceeds the facility limit with or without our approval, we charge interest on that excess at the default r… |
| Break Cost Fee | Exit | 0.25% of balance | — | Are payable when a break cost event occurs: (a) we allow you to switch from a fixed interest rate for a facility to a variable interest rate during a fixed interest period or (b) you repay early all… |
| Partial Release and Discharge of Security Fee | Exit | $250 | — | Payable whenever we arrange for a Partial Release or Discharge of Security. |
| Replacement Document Fee | Replacement | $100 | — | Fee is payable for replacement of documents due to the original documentation being lost or amendments to the original documents being required. |
| Application Fee | Upfront | 0.25% of balance | — | Also known as establishment fee and payable when you accept the commercial letter of offer. (Does not apply to Residentially Secured Business Loan). |
| Registration Fee | Upfront | Varies | — | Payable to us when there are additional costs associated with registration (for example, this may include a discharge of mortgage fee, transfer fee or any other dealing fee). |
| Settlement Fee | Upfront | Varies | — | Settlement fee is estimated at $300 per settlement. |
| Upfront Fees Residential Security | Upfront | $600 | — | For new facilities secured by residential property, this single fee replaces Application Fee, Valuation Fee, Legal and Documentation Fee. |
| Upfront Legal & Document Fees | Upfront | Varies | — | Minimum Fee is $250. The costs for reviewing documents and preparing security documents and facility agreements differ based on the type of security and other factors. The estimated fees will be prov… |
| Valuation Fee | Upfront | Varies | — | The cost of each valuation report required to be issued. |
| Interest Rate Conversion Fee | Variation | $250 | — | Fee is payable for interest rate maintenance/conversion with a Letter of Variation or Letter of Advice. |
§ 03 — Features
Extra repaymentsDigital bankingRelationship manager
- · Flexible repayment terms available up to a maximum of 30 years if residentially secured, or to a maximum of 20 years if commercial, industrial, cash or mixed security.
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Available to permanent Australian Residents.
- · Available to businesses
§ 05 — Compare
§ 06 — Run the numbers
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Published by Newcastle Permanent under the Consumer Data Right, last changed by them on 25 Aug 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.