Police Bank
Police Value Home Loan
Helping Police Officers with a low rate home loan that has a great range of features to help pay off your home sooner.
Home loansBank updated 3 Sept 2026
At a glance
- Variable (owner occ. P&I)
- 5.94% · 6.01% comparison
- Variable (investor P&I)
- 6.14%
- Fixed
- 1 yr 6.24% · 2 yrs 6.24% · 3 yrs 5.84% · 5 yrs 6.49%
- Max LVR
- 95%
- Annual fee
- $84
- Features
- offset, redraw, extra repayments
§ 01 — Rates · 71
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedInvestment IO LVR<60% 1 Yr C15 | Investment · Interest only | 1 yr fixed | ≤60% LVR | 6.49% | 6.25% | — |
| FixedInvestment IO LVR 60% - <80% 1 Yr C16 | Investment · Interest only | 1 yr fixed | 60–80% LVR | 6.49% | 6.29% | — |
| FixedInvestment IO LVR 80%-90% 1 Yr C17 | Investment · Interest only | 1 yr fixed | 80–90% LVR | 6.59% | 6.53% | — |
| FixedInvestment IO LVR<60% 2 Yr C15 | Investment · Interest only | 2 yrs fixed | ≤60% LVR | 6.49% | 6.28% | — |
| FixedInvestment IO LVR 60% - <80% 2 Yr C16 | Investment · Interest only | 2 yrs fixed | 60–80% LVR | 6.49% | 6.32% | — |
| FixedInvestment IO LVR 80%-90% 2 Yr C17 | Investment · Interest only | 2 yrs fixed | 80–90% LVR | 6.59% | 6.54% | — |
| FixedInvestment IO LVR<60% 3 Yr C15 | Investment · Interest only | 3 yrs fixed | ≤60% LVR | 6.09% | 6.20% | — |
| FixedInvestment IO LVR 60% - <80% 3 Yr C16 | Investment · Interest only | 3 yrs fixed | 60–80% LVR | 6.09% | 6.23% | — |
| FixedInvestment IO LVR 80%-90% 3 Yr C17 | Investment · Interest only | 3 yrs fixed | 80–90% LVR | 6.49% | 6.53% | — |
| FixedInvestment IO LVR<60% 5 Yr C15 | Investment · Interest only | 5 yrs fixed | ≤60% LVR | 6.74% | 6.47% | — |
| FixedInvestment IO LVR 60% - <80% 5 Yr C16 | Investment · Interest only | 5 yrs fixed | 60–80% LVR | 6.79% | 6.52% | — |
| FixedInvestment IO LVR 80%-90% 5 Yr C17 | Investment · Interest only | 5 yrs fixed | 80–90% LVR | 6.94% | 6.73% | — |
| FixedInvestment P&I LVR<60% 1 Yr C15 | Investment · P&I | 1 yr fixed | ≤60% LVR | 6.39% | 6.24% | — |
| FixedInvestment P&I LVR 60% - <80% 1 Yr C16 | Investment · P&I | 1 yr fixed | 60–80% LVR | 6.39% | 6.28% | — |
| FixedInvestment P&I LVR 80%-90% 1 Yr C17 | Investment · P&I | 1 yr fixed | 80–90% LVR | 6.49% | 6.52% | — |
| FixedInvestment P&I LVR<60% 2 Yr C15 | Investment · P&I | 2 yrs fixed | ≤60% LVR | 6.39% | 6.26% | — |
| FixedInvestment P&I LVR 60% - <80% 2 Yr C16 | Investment · P&I | 2 yrs fixed | 60–80% LVR | 6.39% | 6.30% | — |
| FixedInvestment P&I LVR 80%-90% 2 Yr C17 | Investment · P&I | 2 yrs fixed | 80–90% LVR | 6.49% | 6.52% | — |
| FixedInvestment P&I LVR<60% 3 Yr C15 | Investment · P&I | 3 yrs fixed | ≤60% LVR | 5.99% | 6.17% | — |
| FixedInvestment P&I LVR 60% - <80% 3 Yr C16 | Investment · P&I | 3 yrs fixed | 60–80% LVR | 5.99% | 6.21% | — |
| FixedInvestment P&I LVR 80%-90% 3 Yr C17 | Investment · P&I | 3 yrs fixed | 80–90% LVR | 6.39% | 6.50% | — |
| FixedInvestment P&I LVR<60% 5 Yr C15 | Investment · P&I | 5 yrs fixed | ≤60% LVR | 6.59% | 6.41% | — |
| FixedInvestment P&I LVR 60% - <80% 5 Yr C16 | Investment · P&I | 5 yrs fixed | 60–80% LVR | 6.64% | 6.46% | — |
| FixedInvestment P&I LVR 80%-90% 5 Yr C17 | Investment · P&I | 5 yrs fixed | 80–90% LVR | 6.79% | 6.67% | — |
| FixedOwner Occupied IO LVR<60% 1 Yr C13 | Owner occupied · Interest only | 1 yr fixed | ≤60% LVR | 6.39% | 6.06% | — |
| FixedOwner Occupied IO LVR=90% 1 Yr C3 ACT Land Rent Scheme | Owner occupied · Interest only | 1 yr fixed | ≤90% LVR | 6.49% | 6.43% | — |
| FixedOwner Occupied IO LVR 60%-90% 1 Yr C14 | Owner occupied · Interest only | 1 yr fixed | 60–90% LVR | 6.39% | 6.10% | — |
| FixedOwner Occupied IO LVR>90% 1 Yr C9 | Owner occupied · Interest only | 1 yr fixed | 90–95% LVR | 6.49% | 6.43% | — |
| FixedOwner Occupied IO LVR<60% 2 Yr C13 | Owner occupied · Interest only | 2 yrs fixed | ≤60% LVR | 6.39% | 6.10% | — |
| FixedOwner Occupied IO LVR=90% 2 Yr C3 ACT Land Rent Scheme | Owner occupied · Interest only | 2 yrs fixed | ≤90% LVR | 6.49% | 6.44% | — |
| FixedOwner Occupied IO LVR 60%-90% 2 Yr C14 | Owner occupied · Interest only | 2 yrs fixed | 60–90% LVR | 6.39% | 6.14% | — |
| FixedOwner Occupied IO LVR>90% 2 Yr C9 | Owner occupied · Interest only | 2 yrs fixed | 90–95% LVR | 6.49% | 6.44% | — |
| FixedOwner Occupied IO LVR<60% 3 Yr C13 | Owner occupied · Interest only | 3 yrs fixed | ≤60% LVR | 5.99% | 6.02% | — |
| FixedOwner Occupied IO LVR=90% 3 Yr C3 ACT Land Rent Scheme | Owner occupied · Interest only | 3 yrs fixed | ≤90% LVR | 6.39% | 6.42% | — |
| FixedOwner Occupied IO LVR 60%-90% 3 Yr C14 | Owner occupied · Interest only | 3 yrs fixed | 60–90% LVR | 5.99% | 6.06% | — |
| FixedOwner Occupied IO LVR>90% 3 Yr C9 | Owner occupied · Interest only | 3 yrs fixed | 90–95% LVR | 6.39% | 6.42% | — |
| FixedOwner Occupied IO LVR<60% 5 Yr C13 | Owner occupied · Interest only | 5 yrs fixed | ≤60% LVR | 6.69% | 6.33% | — |
| FixedOwner Occupied IO LVR=90% 5 Yr C3 ACT Land Rent Scheme | Owner occupied · Interest only | 5 yrs fixed | ≤90% LVR | 6.94% | 6.67% | — |
| FixedOwner Occupied IO LVR 60%-90% 5 Yr C14 | Owner occupied · Interest only | 5 yrs fixed | 60–90% LVR | 6.74% | 6.38% | — |
| FixedOwner Occupied IO LVR>90% 5 Yr C9 | Owner occupied · Interest only | 5 yrs fixed | 90–95% LVR | 6.94% | 6.67% | — |
| FixedOwner Occupied P&I LVR<60% 1 Yr C13 | Owner occupied · P&I | 1 yr fixed | ≤60% LVR | 6.24% | 6.04% | — |
| FixedOwner Occupied P&I LVR=90% 1 Yr C3 ACT Land Rent Scheme | Owner occupied · P&I | 1 yr fixed | ≤90% LVR | 6.34% | 6.41% | — |
| FixedOwner Occupied P&I LVR 60%-90% 1 Yr C14 | Owner occupied · P&I | 1 yr fixed | 60–90% LVR | 6.24% | 6.09% | — |
| FixedOwner Occupied P&I LVR>90% 1 Yr C9 | Owner occupied · P&I | 1 yr fixed | 90–95% LVR | 6.34% | 6.41% | — |
| FixedOwner Occupied P&I LVR<60% 2 Yr C13 | Owner occupied · P&I | 2 yrs fixed | ≤60% LVR | 6.24% | 6.07% | — |
| FixedOwner Occupied P&I LVR=90% 2 Yr C3 ACT Land Rent Scheme | Owner occupied · P&I | 2 yrs fixed | ≤90% LVR | 6.34% | 6.41% | — |
| FixedOwner Occupied P&I LVR 60%-90% 2 Yr C14 | Owner occupied · P&I | 2 yrs fixed | 60–90% LVR | 6.24% | 6.11% | — |
| FixedOwner Occupied P&I LVR>90% 2 Yr C9 | Owner occupied · P&I | 2 yrs fixed | 90–95% LVR | 6.34% | 6.41% | — |
| FixedOwner Occupied P&I LVR<60% 3 Yr C13 | Owner occupied · P&I | 3 yrs fixed | ≤60% LVR | 5.84% | 5.99% | — |
| FixedOwner Occupied P&I LVR=90% 3 Yr C3 ACT Land Rent Scheme | Owner occupied · P&I | 3 yrs fixed | ≤90% LVR | 6.24% | 6.39% | — |
| FixedOwner Occupied P&I LVR 60%-90% 3 Yr C14 | Owner occupied · P&I | 3 yrs fixed | 60–90% LVR | 5.84% | 6.02% | — |
| FixedOwner Occupied P&I LVR>90% 3 Yr C9 | Owner occupied · P&I | 3 yrs fixed | 90–95% LVR | 6.24% | 6.39% | — |
| FixedOwner Occupied P&I LVR<60% 5 Yr C13 | Owner occupied · P&I | 5 yrs fixed | ≤60% LVR | 6.49% | 6.26% | — |
| FixedOwner Occupied P&I LVR=90% 5 Yr C3 ACT Land Rent Scheme | Owner occupied · P&I | 5 yrs fixed | ≤90% LVR | 6.69% | 6.57% | — |
| FixedOwner Occupied P&I LVR 60%-90% 5 Yr C14 | Owner occupied · P&I | 5 yrs fixed | 60–90% LVR | 6.54% | 6.31% | — |
| FixedOwner Occupied P&I LVR>90% 5 Yr C9 | Owner occupied · P&I | 5 yrs fixed | 90–95% LVR | 6.69% | 6.57% | — |
| VariableInvestment IO LVR<60% C15 | Investment · Interest only | — | ≤60% LVR | 6.29% | 6.27% | — |
| VariableInvestment IO LVR 60% - <80% C16 | Investment · Interest only | — | 60–80% LVR | 6.34% | 6.32% | — |
| VariableInvestment IO LVR 80%-90% C17 | Investment · Interest only | — | 80–90% LVR | 6.49% | 6.53% | — |
| VariableInvestment P&I LVR<60% C15 | Investment · P&I | — | ≤60% LVR | 6.14% | 6.21% | — |
| VariableInvestment P&I LVR 60% - <80% C16 | Investment · P&I | — | 60–80% LVR | 6.19% | 6.26% | — |
| VariableInvestment P&I LVR 80%-90% C17 | Investment · P&I | — | 80–90% LVR | 6.44% | 6.51% | — |
| VariableOwner Occupied IO LVR<60% C13 | Owner occupied · Interest only | — | ≤60% LVR | 6.24% | 6.13% | — |
| VariableOwner Occupied IO Bridging Loan C11 | Owner occupied · Interest only | — | ≤80% LVR | 7.09% | 6.15% | — |
| VariableOwner Occupied IO LVR=90% C3 ACT Land Rent Scheme | Owner occupied · Interest only | — | ≤90% LVR | 6.44% | 6.45% | — |
| VariableOwner Occupied IO LVR 60%-90% C14 | Owner occupied · Interest only | — | 60–90% LVR | 6.29% | 6.19% | — |
| VariableOwner Occupied IO LVR>90% C9 | Owner occupied · Interest only | — | 90–95% LVR | 6.44% | 6.45% | — |
| VariableOwner Occupied P&I LVR<60% C13 | Owner occupied · P&I | — | ≤60% LVR | 5.94% | 6.01% | — |
| VariableOwner Occupied P&I LVR=90% C3 ACT Land Rent Scheme | Owner occupied · P&I | — | ≤90% LVR | 6.34% | 6.41% | — |
| VariableOwner Occupied P&I LVR 60%-90% C14 | Owner occupied · P&I | — | 60–90% LVR | 5.99% | 6.06% | — |
| VariableOwner Occupied P&I LVR>90% C9 | Owner occupied · P&I | — | 90–95% LVR | 6.34% | 6.41% | — |
§ 02 — Fees · 32
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Issue of Statutory Default Notice Legal Fees | Dishonour | $0 | — | — |
| Additional Valuation Fee | Event | $0 | — | At Cost. Payable to our valuer if more than one security is required for your loan and/or when application is made for additional finance and/or altering the title of the property or the property its… |
| Arrears Letter Fee | Event | $6.50 | — | Payable when we send you an arrears letter asking you to remedy an arrears under a loan contract. |
| Bridging Home Loan Establishment Fee | Event | $880 | — | For Bridging Loans only |
| Consent to Subdivision Fee | Event | $162 | — | Payable when you ask for our consent to register a subdivision or other plan or dealing. |
| Default Notice Fee | Event | $21.50 | — | Payable when we send you a default notice under a loan contract when an arrears remains unremedied after we have sent you an arrears letter. |
| Excess Valuation fee | Event | $0 | — | At Cost. Payable if and when the costs of valuing your security property/ies exceeds $300 in aggregate over the term of the loan. Calculated as an amount of the excess. |
| Fixed Rate Lock Fee | Event | $600 | — | — |
| Future Legal Costs and Disbursements Relating to any Variations, Dealings, Discharges | Event | $0 | — | At Cost. Payable to our solicitors when we incur costs in the enforcement of your contract. The costs may include court costs, legal costs, repossession costs and administrative costs. |
| General Consent Fee | Event | $250 | — | Payable when you ask for our consent to any matter relating to a loan contract or security (other than a matter for which a separate fee is payable). |
| Independent Legal Advice/Interpreter Service | Event | $0 | — | At Cost. You may be advised to seek independent legal advice or interpreter services. If so, you will be charged a fee by the service provider. |
| Insurance | Event | $0 | — | At Cost. Insurance requirements may vary from applicant to applicant. Any compulsory insurance requirements will be advised on application. For example, you may be required to pay for Lenders Mortgag… |
| Legal/Securities fees | Event | $0 | — | At Cost. |
| Mortgage Loan Top Up / Increase in Credit Limit Fee | Event | $315 | — | Payable on application or funding. Applies to all Home Loan Applications |
| Other Government Duties & Taxes | Event | $0 | — | At Cost. Any applicable Government Taxes, Duties and Fees will be passed on to you. |
| Other Legal/ Solicitors Fees | Event | $0 | — | At Cost. Payable to our solicitors when you ask us to take any action in respect of the loan or your property and we incur legal fees. |
| Pest & Building Inspections Fees | Event | $0 | — | At Cost. Payable to inspectors if we require a pest or building inspection. |
| PPSR Fees (Personal Properties Security Register) | Event | $0 | — | At Cost. Certain loans will require us to use the services of PPSR. If we do so, the following may be payable; PPSR Registration Fee, PPSR Financier Interest Enquiry and PPSR Variation of Interest. |
| Production of Title Fee | Event | $110 | — | Payable to our solicitors when you ask us to produce the certificate of title of your property to enable registration of a plan or any document dealing with your property |
| RTGS Transfer Fee | Event | $10.50 | — | Payable when we are required to transfer settlement funds to an agent on behalf of our Solicitor. |
| Second Mortgage Consent Fee | Event | $75 | — | Payable when you ask us to consent to a second mortgage |
| Stamp Duty Increase Fee | Event | $0 | — | At Cost. Payable at the rate charged by the Office of State Revenue or its interstate counterparts when topping up an existing loan where the original stamp duty is not sufficient; when payable by la… |
| Stamp Duty | Event | $0 | — | At Cost. Payable at the rate charged by the Office of State Revenue or its interstate counterparts when payable by law. |
| Substituting of Security Legal fee | Event | $605 | — | Payable to us when you substitute an existing property with a new property as security for your home loan. |
| Substituting Securities fee | Event | $315 | — | Payable to us when you substitute an existing property with a new property as security for your home loan. |
| Mortgage Discharge Fee | Exit | $294 | — | Payable when you ask us to prepare a discharge of mortgage. Note: This fee does not include registration costs for the land titles office |
| Late Payment Fee | Late payment | $10 | — | Charged where the whole or any part of your loan repayment remains unpaid after 14 days past the due date. Applies to all Police Bank loans and continuing credit accounts |
| Additional Statement Fee | Other | $0 | — | $5.00 + $1.50 per page, payable when you request an additional statement. |
| Early Repayment Fee | Other | $0 | — | Early Repayment Fee payable, if, during any fixed rate period, you: (a) repay the whole of your unpaid balance (full early repayment); (b) pay $5000 or more in repayments above the contractual repaym… |
| Third Party Costs | Other | $0 | — | Any other costs charged to us by a third party will be passed on to you. Some examples are as follows: • Title Change Fee • Land and Property Information Search Fees • Land and Property Information R… |
| Monthly Product Split Fee | Periodic | $7 | Every 1 mo | $7 per additional product per month during the period of the split, debited to the account for the other product each month. |
| Establishment fee | Upfront | $600 | — | — |
§ 03 — Features
Offset accountRedrawExtra repayments
- · Available for the ACT Rent Land Scheme
- · Confirmation Of Payee
- · Split loan
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Australian Citizen
- · Available to individuals
- · Amount $50,000 to no maximum
- · Maximum LVR 95%
- · Police Value Home Loan only available to current serving Police Officers or a Retired Police Officer(s) who are a member of a Union that is associated with the Police Federation of Australia. This in…
§ 06 — Run the numbers
Put this product through a calculator
Published by Police Bank under the Consumer Data Right, last changed by them on 3 Sept 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.