Refinance and get up to $4,000 cashback*


Enjoy competitive rates, no monthly fees, and flexible repayment options designed to suit your needs.

4.99
%
pa
3 year fixed rate†
Up to 80% LVR OO, P&I
5.64
%
pa
Comparison rate^

Refinancing with Police Bank means more than just savings.
With up to $4,000 cashback and loan options to suit your needs, you’ll have the confidence of knowing your money is where it belongs, back in your pocket.
Our dedicated lending specialists are here to help, get in touch today.

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Find the right home loan for your needs

Police Value Home Loan - Variable

5.79
%
pa
Variable rate†
5.86
%
pa
Comparison rate^
†Based on up to 80% LVR and Owner Occupied, Principal & Interest repayments
No monthly account keeping fee or annual fee
Choose your repayment schedule – weekly, fortnightly or monthly
Offset facility available
Unlimited additional repayments
Capitalise on Interest Rate movements when rates go down
Apply now

Police Value Home Loan - Fixed

4.99
%
pa
3 year fixed rate†
5.64
%
pa
Comparison rate^
†Based on up to 80% LVR & Owner Occupied, Principal & Interest repayments
No monthly account keeping fee or annual fee
Choose your repayment schedule – weekly, fortnightly or monthly
Redraw up to $50,000
Additional repayments available on fixed loans up to $9,999 per year
Interest only available (max 5 years)
Apply now

Police Value Home Loan – Investment

4.99
%
pa
3 year fixed rate†
5.71
%
pa
Comparison rate^
†Based on up to 80% LVR & Investment, Principal & Interest repayments
Option to split home loan into variable and fixed option
No monthly account keeping fee or annual fee
Redraw facility available
Option to split home loan into variable and fixed option
Apply now

Home loan repayments calculator




Why choose Police Bank?

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We serve all Australians

Police Bank is part of your community and 100% dedicated to serving the nation.

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We’re all about you

We’ll do our best to support you. There are no external shareholders to influence the course of our activities.

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We offer competitive rates

Profits are returned to Members in the form of better interest rates, products and services.

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We’re award-winning

Mozo Experts Choice Awards
2024 – Exceptional Value Home Lender, Low Cost Home Loan and Offset Home Loan
2023 - Fixed Rate Home Loan

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Important Information

*Eligibility & Offer Details

Offer Period: 1 August 2025 to 30 September 2025, or until withdrawn at Police Bank’s discretion.

This cashback offer is exclusively available to current and retired Australian police employees (uniformed or civilian) who refinance an existing home loan during the offer period. Police Bank reserves the right to vary, extend, or withdraw this offer at any time without prior notice.

Meet eligibility criteria below;

    • Apply for a Police Bank Police Value Home Loan during the offer period.
    • Meet minimum loan amount of $300,000 and have a loan-to-value ratio (LVR) of 80% or less.
    • Open and maintain a Police Bank Easy Access S1 transaction account with card access.
    • Direct their salary/wages to be credited to their Police Bank Easy Access transaction account for a minimum of three (3) consecutive salary deposits.
    • Complete loan settlement within 90 days of application.

Eligible Loan Types:

    • Refinanced home loans from other financial institutions (excluding Border Bank)
    • Owner-occupied or Investment, Fixed or Variable, Principal & Interest repayment only

Cashback Amounts

The cashback amount is determined on applicable loan amount bracket below:

    • $300,000 – $499,999: $2,000 cashback
    • $500,000 – $749,999: $3,000 cashback
    • $750,000 or more: $4,000 cashback

Full terms & conditions, see here.

 

Home Loan Terms & Conditions

†Terms and Conditions available at branches and online. This offer is subject to credit assessment approval and Police Bank’s standard lending criteria. A Financial Services Guide (FSG) is available at all branches, on our website, and upon request. Police Bank reserves the right to request additional documentation to verify eligibility.

^The comparison rate is based on a loan of $150,000 over a 25-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Lenders Mortgage Insurance (LMI) required for Loans with an LVR greater than 80%. If you decide to repay your home loan, refinance or switch to another lender within the first year, then you may be eligible for a partial refund of your LMI repayment. An early repayment may apply if you repay your loan or switch to another one before the end of your fixed term or make early or additional repayments above $9,999. Once the fixed rate period ends, the loan reverts to a variable rate loan and repayment amounts will change. Offset Account is not available on Interest Only or Fixed Rate loans.

Minimal loan amount is $300,000.

Police Value Home Loan is only available to Current and Retired Employees of an Australian Police Force or Police organisation uniformed or civilian.

A Financial Services Guide (FSG) including loan terms and conditions is available at all branches upon request, and here.