P&N BankFixed Home Loan (IO) LVR >80
The P&N Bank Fixed Rate Home Loan offers you the peace of mind of a fixed interest rate with interest only repayments for one to five years, while still allowing extra repayments of up to $25,000 during the fixed term.
At a glance
- Max LVR
- 90%
- Features
- extra repayments
Rates
Every rate P&N Bank publishes for this home loan, 5 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedOwner occupied | Owner occupied, Interest only | 1 yr fixed | - | 6.89% | 6.60% | Rate available to existing customers.; Rate available for new accounts.; Rate available to new customers. |
| FixedOwner occupied | Owner occupied, Interest only | 2 yrs fixed | - | 6.89% | 6.64% | Rate available to existing customers.; Rate available for new accounts.; Rate available to new customers. |
| FixedOwner occupied | Owner occupied, Interest only | 3 yrs fixed | - | 7.04% | 6.71% | Rate available to existing customers.; Rate available for new accounts.; Rate available to new customers. |
| FixedOwner occupied | Owner occupied, Interest only | 4 yrs fixed | - | 7.09% | 6.77% | Rate available to existing customers.; Rate available for new accounts.; Rate available to new customers. |
| FixedOwner occupied | Owner occupied, Interest only | 5 yrs fixed | - | 7.14% | 6.84% | Rate available to existing customers.; Rate available for new accounts.; Rate available to new customers. |
Rate changes
7 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 5 Nov 2026 | Fixed, Owner occupied, Interest only, 1 yr fixed | 6.59% | 6.89% | up 0.30 |
| 5 Nov 2026 | Fixed, Owner occupied, Interest only, 2 yrs fixed | 6.59% | 6.89% | up 0.30 |
| 5 Nov 2026 | Fixed, Owner occupied, Interest only, 3 yrs fixed | 6.79% | 7.04% | up 0.25 |
| 5 Nov 2026 | Fixed, Owner occupied, Interest only, 4 yrs fixed | 6.84% | 7.09% | up 0.25 |
| 5 Nov 2026 | Fixed, Owner occupied, Interest only, 5 yrs fixed | 6.89% | 7.14% | up 0.25 |
| 1 Oct 2026 | Fixed, Owner occupied, Interest only, 1 yr fixed | 6.37% | 6.59% | up 0.22 |
| 1 Oct 2026 | Fixed, Owner occupied, Interest only, 2 yrs fixed | 6.37% | 6.59% | up 0.22 |
Each change is logged the night it appears in the rates P&N Bank publishes. See how every lender answered the RBA on the rate tracker.
Fees
26 fees published, grouped by when they're charged.
- When you take it outUp to $6504 fees, each listed below
- While you hold itNo fee published
- When you close it or pay it offUp to $3952 fees, each listed below
When you take it out4
- Document Preparation Fee
Fee for preparation of loan contracts charged at the time of funding or settlement of the loan
$300 - Loan Establishment Fee
No fee for establishment or top-up of the home loan.
No fee - Rate Lock Fee
Optional fee for locking in an interest rate on fixed home loans for upto 3 months.
$650 - Valuation Fee
First valuation is free. Additional valuations are charged to you at the cost we have incurred.
No fee
If a payment is late or fails4
- Collection Agent Administration Fee
Payable when a payment to a home loan becomes overdue for more than 90 days and we choose to engage an external collection agent.
$100 90 days after it's due - Default Notification Fee
Payable at cost when we issue a default notice because you are in default under the contract.
Varies 46 days after it's due - Late Payment Notification Fee
Charged when a payment to a home loan becomes overdue by 11 days and 30 days.
$5 11 days after it's due - Management Administration Fee
Charged monthly when a payment to a home loan becomes overdue by more than 90 days.
$50 90 days after it's due
When particular things happen8
- Title Consent Fee
Payable when we are requested to consent to a change relating to your title.
$150 - Withdrawal of Caveat Non-Settlement Fee
Without settlement per document. When we are requested to remove a caveat lodged on a title.
$55 - Withdrawal of Caveat Settlement Fee
With settlement per document. When we are requested to remove a caveat lodged on a title.
$160 - Statement Retrieval Fee
Fee applies for statements over 12 months old. Payable on request to issue a copy of a previously issued statement.
$2.50 - Fixed Home Loan Adjustment Cost Fee
May be payable if you pay your loan off in full, make an early or extra repayment, or make certain other changes to your loan, during any fixed-rate period. Amount is calculated specifically related…
Varies - Fixed Home Loan Break Costs
May be payable if you pay your loan off in full, make an early or extra repayment, or make certain other changes to your loan, during any fixed-rate period. Amount is calculated specifically related…
Varies - Loan Account Switching Fee
Charged for switching your home loan to a different product on your request.
$300 - Loan Contract Variation Fee
Charged when we process a variation of your contract or any security such as; substitution, partial release, additional or transfer of security, amendment to the term of a loan or a loan account.
$250
When you close it or pay it off2
- Discharge of Mortgage Non-Settlement Fee
Charged for the preparation of documents for the discharge of mortgage where no settlement is required.
$350 - Discharge of Mortgage Settlement Fee
Charged for the preparation of documents for the discharge of mortgage in relation to a settlement.
$395
Other fees8
- Default Interest Rate
A default rate may be charged on any overdue amount if you fail to pay the amount due under the loan contract by its due date. The default rate is 2% per annum above the Annual Percentage Rate applyi…
Varies - GOVT Discharge of Mortgage
This fee is payable to the bank in reimbursement of Government charges relating to discharge of mortgage on the security property. Amounts are set by the land titles office by each state or territory.
Varies - GOVT Registration of Mortgage
This fee is payable to the bank in reimbursement of Government charges relating to registration of mortgage on the security property. Amounts are set by the land titles office by each state or territ…
Varies - Legal Fee
Payable at cost when legal advice or services are required over the life of the loan.
Varies - Lenders Mortgage Insurance
LMI is insurance that protects the bank if the borrower/s are unable to make home loan repayments. LMI is required when a borrowers deposit is generally less than 20% of the property value plus other…
Varies - Property Exchange Australia (PEXA) Charges
Payable when we have to register or release of any documents relating to a security electronically, request information or we process a financial settlement using PEXA. Fees are applied as charged by…
Varies - Third Party Document Production Fee
Payable at cost if the Bank incurs costs or had to pay a third party in connection with something that needs to be done under the Loan or Security.
Varies - Title Search Fee
This fee is payable to the bank in reimbursement of costs incurred for obtaining title searches on the security property.
Varies
Features
- Flexible loan structuring options may be available, including the ability to request to split your loan into fixed and variable components, subject to approval and product eligibility.
Eligibility and limits
- Minimum age 18
- Residency: At least one applicant must be an Australian or New Zealand citizen or an Australian permanent resident. Income for non-permanent residents isn't included. Australian's living overseas are eligible only if they had prior lending with PNL.
- Available to individuals
- Amount $20,000 to $5,000,000
- Maximum LVR 90%
- Credit eligibilty criteria, terms and conditions, fees and charges apply.
- You must be or become a P&N Bank member
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Published by P&N Bank under the Consumer Data Right, last changed by them on 5 Nov 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.