Make the switch rewarding
Refinance your home loan to a variable rate and get up to $3,000 cashback**.
Refinance and get up to $3,000 cashback**
Switch your home loan to Police Bank and enjoy up to $3,000 cashback**, competitive rates and the support you need to make your move worthwhile.
Cashback of $2,000 for eligible loans $300,000 to $499,999 or $3,000 for loans $500,000+. Max LVR 80%. Excludes Fixed Rate home loans. Eligibility criteria apply.
**See Cashback Offer Terms & Conditions below
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At cost: Any fees or charges from third parties, such as a Settlement Agent, Title Change Fee or Land and Property Information Search Fee will be passed through to you at cost. Additional fees may apply. Please refer to the full fee schedule for further information.
Switch and save. Refinance your way.
Choose between a variable and fixed rate loan, and your loan term to see how we can help you save. Easy!
Police Value
For current or retired employees who are members of an Australian Police Force or Police organisation - uniformed or civilian.
Goldrate
For existing members, or those who are becoming a member of Police Bank.
Important information: This calculator is only a guide. It contains general advice only and does not take into account your individual needs and objectives or financial situation. Calculations are estimates only. Interest rates are indicative and subject to change without notice. ~ Competitor Comparisons have been provided by Canstar. Please check our website for Police Bank’s current interest rates. Terms and conditions apply and are available on request. Fees, charges, eligibility and lending criteria apply. A Financial Services Guide (FSG) is available at all Branches, on our website and upon request. Consider the Terms and conditions and Target Market Determinations before making a purchase decision. Calculator is powered by Canstar.com.au
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Use our comparison calculator to see how much you could save by refinancing to Police Bank. Enter your current loan details to get started.
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Important Information
**CASHBACK OFFER; TERMS AND CONDITIONS
Offer Period: 28 Oct 2026 to 13 Nov 2026 (inclusive).
1) The cashback offer applies to eligible Owner Occupied and Investment refinances funded on an eligible Variable Interest Rate home loan, provided all other eligibility criteria are met. Fixed Interest Rate home loans are excluded.
2) The cashback offer applies to eligible Owner Occupied and Investment refinances funded a Variable Interest Rate provided all other eligibility criteria are met.
3) Police Bank reserves the right to vary, extend or withdraw the special variable interest rate or cashback offer at any time without prior notice. To qualify for cashback, applicants must:
a) Meet eligibility criteria below.
i) Apply for an eligible Police Bank Police Value or Goldrate Variable Interest Rate home loan during the offer period. Fixed Interest Rate loans are not eligible for this offer.
ii) Meet minimum loan amount of $300,000 and have a loan-to-value ratio (LVR) of 80% or less.
iii) Complete loan settlement within 90 days of application.
iv) Direct their salary/wages to be credited to their Police Bank Easy Access transaction account for a minimum of three (3) consecutive salary deposits.
v) Offset is available on eligible variable-rate products.
vi) Borrowers must qualify for Police Bank membership.
4) Eligible Loan Types:
a) New-to-bank refinances from another financial institution, excluding Police Bank and Border Bank internal refinances, transfers and rewrites.
b) Owner Occupied or Investment lending; Variable Interest Rate; Principal & Interest repayments only; maximum 80% LVR; and minimum total eligible lending of $300,000. Home Loans that have any fixed rate component are not eligible for the cashback offer.
5) Cashback Amounts
a) The cashback amount is determined on applicable loan amount bracket below:
i) $300,000 – $499,999: $2,000 cashback.
ii) $500,000 or more: $3,000 cashback.
View the full terms & conditions here.
Terms and conditions apply and are available on request. Fees, charges and lending criteria apply. This information is general in nature and has been prepared without taking into account your personal objectives, circumstances and needs.
You should consider the appropriateness of the information to your own circumstances and, if necessary, seek appropriate professional advice.
A Financial Services Guide (FSG) is available at all Branches, on our website and upon request. Unless stated, all comparison rates are based on principal and interest repayments. For more information on interest only comparison rates, please contact us.
¹Interest rates are correct as at 3rd November 2026 and subject to change.
²The 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.
† Interest Only is available for 12 months maximum on construction loans.
Lenders Mortgage Insurance (LMI) required for Loans with an LVR greater than 80%, with the exception of the Australian Government 5% Deposit Scheme. 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 fee 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.
Police Value Home Loan is only available to Current and Retired Employees of an Australian Police Force or Police organisation uniformed or civilian.
Target Market Determinations are available here.
~ Although Canstar uses reasonable commercial endeavours to ensure that the Widget provides accurate information and works correctly, Canstar and Police Bank make no representations or warranties as to the accuracy or completeness of the Widget or whether the Widget will operate at all times or without error.
To the maximum extent permitted by Law, Police Bank excludes all liability for any loss or damage (including financial loss or consequential loss) arising from the use of this widget. Nothing on this website page excludes, restricts, or modifies any right or remedy, or any guarantee, warranty, or other term or condition, implied or imposed by the Australian Securities and Investments Commission (ASIC) Act 2001 (Cth) or the Australian Consumer Law) which cannot be lawfully excluded or limited.