Police Value Home Loan

Police Value Home Loan with a lower than standard interest rate could have you owning your home sooner.

Variable Rate %PA Comparison Rate* %PA What would my repayments be?

2 Year Fixed Rate %PA Comparison Rate* %PA What would my repayments be?

3 Year Fixed Rate %PA Comparison Rate* %PA What would my repayments be?

5 Year Fixed Rate %PA Comparison Rate* %PA What would my repayments be?

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Need to Top Up an existing loan?

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SPECIAL OFFER FOR A LIMITED TIME

Refinance with Police Bank and we’ll give you a

$1000 BONUS^#

(Not available for investor lending)

Why choose our Police Value Home Loan?

Discounted Rate for Police

This discounted rate is only available for Police Officers.

Split Facility

You can split your Home Loan into variable and fixed, to get the best of both options

Great Fixed Rate Options Available

For certainty of knowing what your repayments will be for a 2, 3 or 5 year term, read more about how Fixed and Variable Interest Rates Work

Interest Offset Available

Setup an Offset Account to help decrease your interest payable and payoff your loan sooner

Reduced Fees Program

Quality for our Reduced Fees Program to reduce (or even eliminate) fees!

Redraw Facility

Draw from the equity of your mortgage to access funds when you need them

No ongoing fees

No monthly loan administration fees

How an Offset Account works

Deposit all your income into the Mortgage Offset Account to reduce the interest on your loan

Use the up to 55-day interest free period on your Police Bank Visa Credit Card (S14) to pay for all your living expenses

For cash withdrawals, move the amount you need, from your Offset Account, into your S1 and use your attached Debit Card

Setup an automatic payment of the full balance on your Police Bank Visa Credit Card within the interest free period

Your savings in the offset account are always available, plus every dollar saved reduces your Home Loan on a daily basis to help decrease your interest payable and own your home sooner.

Offset facility not available with Fixed Interest Rate Home Loans.

Have a chat with one of our

Home Loan experts

Home Loan Key Fact Sheet

Who can apply for a loan?

You can apply for a loan individually or jointly with one other person or multiple person/s. To apply you need to:

be at least 18 years old.
have a regular income.
be a permanent Australian resident.
be able to make your repayments.
want to borrow more than $50,000.

Terms & Conditions

Effective Date: .

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 includes NSW Police Association (including Associate members), and the Australian Federal Police Association. Rate discounted against Premium Home Loan. Terms and conditions apply and are available on request. Fees and charges and lending criteria apply.

* 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.

# Minimum loan amount is $50,000. This offer is available from 22 February 2017 – 30 November 2017 for loans that are applied for and approved within those dates. Members’ current home loan with competitor financial institution must be fully discharged and refinanced with Police Bank. $1000 will be credited to S1 account on settlement. Maximum bonus payment is $1000 for each household that is approved for a refinance. Not available for investor lending.

1. An early repayment fee may apply on the fixed rate portion of any loan.

Investment real estate lending is limited to purchase or refinance to a maximum Loan Value Ratio (LVR) of 70%.

Reduced Fees Program

Schedule of Fees and Charges (PDF)

Financial Services Guide (PDF)