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P&N Bank Fixed Rate Home Loan

Advertiser disclosure

The details shown below are for an owner occupier taking out a principal & interest, interest only loan of at least $20,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest, interest only loan of at least $20,000 with an LVR below 95%

The details shown below are for an investor taking out a principal & interest, interest only loan of at least $20,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest, interest only loan of at least $20,000 with an LVR below 90%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest, Interest Only)

    LVR < 80%

    Loan: $20,000

  • Owner Occupier (Principal & Interest, Interest Only)

    LVR 80%-95%

    Loan: $20,000

  • Investor (Principal & Interest, Interest Only)

    LVR < 80%

    Loan: $20,000

  • Investor (Principal & Interest, Interest Only)

    LVR 80%-90%

    Loan: $20,000

Fixed 3 year rate
2.09% p.a.
Comparison Rate
3.42% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
2.19% p.a.
Comparison Rate
3.52% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
2.49% p.a.
Comparison Rate
3.52% p.a.
Service fee
$0.00
Upfront fee
$0
Fixed 3 year rate
2.59% p.a.
Comparison Rate
3.63% p.a.
Service fee
$0.00
Upfront fee
$0

Mozo editorial review P&N Bank Fixed Rate Home Loan - last updated: 6 August 2021

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What's hot
  • Low 1.99% rate (3.54% comparison rate*) for 2 year
  • 2021 Mozo Experts Choice Award winner
  • Split account option available
What's not
  • High revert rate
Mozo snapshot

A 2021 Mozo Experts Choice Award winner for best Split Home Loan, P&N Bank's Fixed Rate Home Loan is available for borrowers who want to lock in a rate for between one and five years. Value seekers should especially take note of the sizzling 1.99% fixed interest rate (3.54% comparison rate*) for 2 year terms. 


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Key features

The P&N Fixed Rate Home Loan offers 1-5 year competitive fixed interest rates for loans with an LVR less than 80% - 2.09% for 1 year (3.71% comparison rate*), 1.99% for 2 years (3.54% comparison rate*) and 2.09% for 3 years (3.42% comparison rate*). After the fixed interest rate term ends the rate reverts to the Smooth Home Loan variable interest rate. 

You can have the best of both worlds by splitting your home loan between a fixed and variable rate. You also have the option to attack interest immediately with interest only repayments available for up to 5 years.

First home buyers you'll be glad to hear that the P&N Fixed Rate Home Loan allows you to borrow up to 90% of the property's value for amounts above $20k.   

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Who is it good for

If you're looking for a competitive fixed rate home loan - without the bells and whistles - and want to know your repayment schedule for the next few years then the P&N Fixed Rate Home Loan could be perfect for you.

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Any catches

While the home loan comes with great rates, it lacks features like extra repayments, a redraw facility or an offset account. So weigh up whether you need these options before you apply.

Details

Rates and fees information correct as at 16 September 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

2.09% (3.71%*)

1.99% (3.54%*)

2.09% (3.42%*)

2.39% (3.38%*)

2.69% (3.40%*)

n/a

n/a

3.87% p.a.

Fees

$0.00

n/a

$0.00

$0.00

n/a

$0.00

$350.00

Other financial bits

$20,000

none

none

80.00%

Features

Monthly

no

none

no

none

yes

no

Legal fees charged at cost.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 16 September 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

2.29% (3.82%*)

2.14% (3.66%*)

2.19% (3.52%*)

2.49% (3.48%*)

2.79% (3.51%*)

n/a

n/a

3.97% p.a.

Fees

$0.00

n/a

$0.00

$0.00

n/a

$0.00

$350.00

Other financial bits

$20,000

none

80.00%

95.00%

Features

Monthly

no

none

no

none

yes

no

Legal fees charged at cost.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 16 September 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

2.49% (3.75%*)

2.29% (3.59%*)

2.49% (3.52%*)

2.79% (3.52%*)

2.89% (3.48%*)

n/a

n/a

3.87% p.a.

Fees

$0.00

n/a

$0.00

$0.00

n/a

$0.00

$350.00

Other financial bits

$20,000

none

none

80.00%

Features

Monthly

no

none

no

none

yes

no

Legal fees charged at cost.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 16 September 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

2.69% (3.86%*)

2.49% (3.72%*)

2.59% (3.63%*)

2.99% (3.65%*)

3.09% (3.62%*)

n/a

n/a

3.97% p.a.

Fees

$0.00

n/a

$0.00

$0.00

n/a

$0.00

$350.00

Other financial bits

$20,000

none

80.00%

90.00%

Features

Monthly

no

none

no

none

yes

no

Legal fees charged at cost.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

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Latest review of P&N Bank Fixed Rate Home Loan

About P&N Bank

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.