We’re proudly supporting the Government’s initiative to help Australians purchase their first home sooner. Police Bank will help you get into your first home with our low rates and great features.
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Comparison* | Applies to | Conditions | Source | Since |
|---|---|---|---|---|---|
| 6.39% | 6.19% | Fixed · 1 year · owner occupied · interest only · LVR 80%–98% | First home buyers | CDR | 1 Nov 2026 |
| 6.39% | 6.22% | Fixed · 2 years · owner occupied · interest only · LVR 80%–98% | First home buyers | CDR | 1 Nov 2026 |
| 6.24% | 6.20% | Fixed · 3 years · owner occupied · interest only · LVR 80%–98% | First home buyers | CDR | 1 Nov 2026 |
| 6.24% | 6.18% | Fixed · 1 year · owner occupied · principal and interest · LVR 80%–98% | First home buyers | CDR | 1 Nov 2026 |
| 6.24% | 6.19% | Fixed · 2 years · owner occupied · principal and interest · LVR 80%–98% | First home buyers | CDR | 1 Nov 2026 |
| 6.09% | 6.16% | Fixed · 3 years · owner occupied · principal and interest · LVR 80%–98% | First home buyers | CDR | 1 Nov 2026 |
| 6.54% | 6.36% | Fixed · 5 years · owner occupied · principal and interest · LVR 80%–98% | First home buyers | CDR | 1 Nov 2026 |
| 6.09% | 6.16% | Variable · owner occupied · interest only · LVR 80%–98% | First home buyers | CDR | 1 Nov 2026 |
| 6.09% | 6.16% | Variable · owner occupied · principal and interest · LVR 80%–98% | First home buyers | CDR | 1 Nov 2026 |
*Comparison rates are calculated on a $150,000 secured loan over a term of 25 years. 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. Fees and charges are payable.
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Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://public.cdr.prd.policebank.com.au/cds-au/v1/banking/products/b658de52-9d9f-496f-8564-14d66798fefb- Content hash
sha256 309001adcbcd27b6842bef150758b00268746df7480457958eef1712c4185016- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_309001adcbcd27b6_b00006c2Show details
- Checked
- 1 Nov 2026
- URL
https://public.cdr.prd.policebank.com.au/cds-au/v1/banking/products/b658de52-9d9f-496f-8564-14d66798fefb- Content hash
sha256 309001adcbcd27b6842bef150758b00268746df7480457958eef1712c4185016- Excerpt
- —
- Rule version
mapper@0.1.2
Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.
Fees
| Fee | Type | Amount |
|---|---|---|
| Independent Legal Advice/Interpreter Service | Event | Set in your letter of offer |
| Substituting Securities fee | Event | $315.00 |
| Future Legal Costs and Disbursements Relating to any Variations, Dealings, Discharges | Event | Set in your letter of offer |
| Establishment fee | Upfront | $600.00 |
| Insurance | Event | Set in your letter of offer |
| Other Government Duties & Taxes | Event | Set in your letter of offer |
| Additional Statement Fee | Other | Set in your letter of offer |
| Second Mortgage Consent Fee | Upfront | $75.00 |
| Default Notice Fee | Event | $21.50 |
| Pest & Building Inspections Fees | Event | Set in your letter of offer |
| Substituting of Security Legal fee | Event | $605.00 |
| Stamp Duty Increase Fee | Event | Set in your letter of offer |
| Arrears Letter Fee | Event | $6.50 |
| Issue of Statutory Default Notice Legal Fees | Dishonour | Set in your letter of offer |
| Third Party Costs | Other | Set in your letter of offer |
| PPSR Fees (Personal Properties Security Register) | Event | Set in your letter of offer |
| Production of Title Fee | Event | $110.00 |
| RTGS Transfer Fee | Upfront | $10.50 |
| Other Legal/ Solicitors Fees | Event | Set in your letter of offer |
| Excess Valuation fee | Event | Set in your letter of offer |
| Late Payment Fee | Late payment | $10.00 |
| Fixed Rate Lock Fee | Event | $600.00 |
| General Consent Fee | Event | $250.00 |
| Additional Valuation Fee | Event | Set in your letter of offer |
| Monthly Product Split Fee | Periodic | $7.00 |
| Consent to Subdivision Fee | Event | $162.00 |
| Legal/Securities fees | Event | Set in your letter of offer |
| Early Repayment Fee | Other | Set in your letter of offer |
| Mortgage Discharge Fee | Exit | $294.00 |
| Stamp Duty | Event | Set in your letter of offer |
| Mortgage Loan Top Up / Increase in Credit Limit Fee | Event | $315.00 |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Offset | Not Available for Fixed Loans or Interest Only | |
| Redraw | Fee Free redraw | |
| Extra repayments | Unlimited free additional repayments - Up to $9,999 per calendar year for the fixed term | |
| Other | Confirmation Of Payee | |
| Other | Split loan | |
| Eligibility: min age | 18 | |
| Eligibility: other | Must be eligible for the First Home Loan Deposit Scheme | |
| Eligibility: natural person | ||
| Eligibility: residency status | Australian Citizen | |
| Limit: min limit | 50000.00 | |
| Limit: max lvr | 0.98 |
Rate history
| Rate | From | To | Rate p.a. | Comparison |
|---|---|---|---|---|
| Variable · owner occupied · interest only · LVR 80%–98% | 1 Nov 2026 | Current | 6.09% | 6.16% |
| Fixed · 1 year · owner occupied · interest only · LVR 80%–98% | 1 Nov 2026 | Current | 6.39% | 6.19% |
| Fixed · 2 years · owner occupied · principal and interest · LVR 80%–98% | 1 Nov 2026 | Current | 6.24% | 6.19% |
| Fixed · 2 years · owner occupied · interest only · LVR 80%–98% | 1 Nov 2026 | Current | 6.39% | 6.22% |
| Variable · owner occupied · principal and interest · LVR 80%–98% | 1 Nov 2026 | Current | 6.09% | 6.16% |
| Fixed · 5 years · owner occupied · principal and interest · LVR 80%–98% | 1 Nov 2026 | Current | 6.54% | 6.36% |
| Fixed · 3 years · owner occupied · principal and interest · LVR 80%–98% | 1 Nov 2026 | Current | 6.09% | 6.16% |
| Fixed · 3 years · owner occupied · interest only · LVR 80%–98% | 1 Nov 2026 | Current | 6.24% | 6.20% |
| Fixed · 1 year · owner occupied · principal and interest · LVR 80%–98% | 1 Nov 2026 | Current | 6.24% | 6.18% |
*Comparison rates are calculated on a $150,000 secured loan over a term of 25 years. 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. Fees and charges are payable.
Tags
| Tag | Meaning | Effect |
|---|---|---|
eligibility:first-home-buyer | First home buyers | Filter; shown in the row |
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