Advantage Home Loan
Instead of offering extra features such as an introductory interest rate or offset account, Police & Nurses Advantage Home Loan is a basic 'no frills' option that rewards you with a low variable interest rate.
- Low ongoing variable interest rate
- Choose from a range of convenient repayment methods
- Available for owner occupiers and residential property investors
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Interest Rate (%pa) |
Basic variable interest rate |
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Choice of repayment options |
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Pay off your loan faster* |
You can make additional repayments |
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Interest only repayments |
Interest only repayments available for a maximum of five years for both owner occupier and residential investment properties |
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Top up your loan* |
Use the equity in your home to borrow additional funds (eg. for a new car or renovations) Minimum top up $5,000 |
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Redraw facility* |
Redraw facility is available. Allows you to access the additional repayments you have made Minimum $2,000 |
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Minimum loan amount |
$20,000 |
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Fees and charges |
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Loan term |
5 - 30 years |
Contact us on 13 25 77 for further information or visit your nearest Police & Nurses branch.
Disclaimer: This material at this website does not take into account your objectives, personal needs or financial circumstances and before you acquire the Advantage Home Loan you should consider whether the Advantage Home Loan is appropriate for you. Before acquiring or retaining the Advantage Home Loan, you should consider the Product Disclosure statement. A Product Disclosure Statement and Financial Services Guide may be downloaded from this website. The Advantage Home Loan is issued by Police & Nurses Credit Society. All home loans are subject to application approval. Standard lending criteria, terms, conditions, fees and charges apply. *Interest rates are current as at 13 February 2008. ^The Comparison Rate is based on a loan of $150,000 for a term of 25 years with repayments made monthly. The comparison rate applies only to the example 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. You can view the Comparison Rate Schedule or request a copy from any Police & Nurses branch. Conditions may vary in different states. Please contact Police & Nurses Credit Society for further information.