Pacific Mortgage Group Fixed Loan


The Pacific Mortgage Group Fixed Home Loan is a basic fixed loan that offers great low fixed interest rates for two, three and five year terms to both owner-occupiers and investors. The only rate that is not very low is the five year fixed rate for investors, though it is still reasonable compared to comparable offerings on the market. Following your fixed period, the fixed interest rate will revert to a variable rate offered by Pacific Mortgage Group, which typically are also very low rates.

While this home loan doesn’t offer a lot of features that come with many other home loans which allow you to repay your loan early, you still have a few options to provide you with some flexibility. For example, you can split your Fixed Home Loan with another variable rate option that may provide you with some more features, should this be what you’re looking for, or just another basic variable option if you just want simplicity. The schedule in which you have to make your repayments is also flexible since you can shape them to suit your personal income cycle to make monthly, fortnightly or weekly repayments on your loan. And, your payments can be automatically credited to your salary or paid via direct debit, taking the stress and hassle out of having to remember to make your payments on time.

Principal and interest or interest-only repayment options are available, and while the interest-only option gives you the ability to make reduced repayments during the interest-only period, you will have to pay a slightly higher interest rate. However, you must have saved at least a 20 per cent deposit in order to be eligible for the Fixed Home Loan since you can only borrow up to 80 per cent of your property’s value.

Having a loan from an online lender means there’s no face-to-face service, but you can access your loan over the Internet, via BPAY, ATM’s or through telephone banking.  

Who is the Pacific Mortgage Group Fixed Loan good for?

This is a good choice for those who like to budget in advance, as the fixed rates ensure you’ll know exactly what you’ll have to pay over the fixed term period.  Both owner-occupiers and investors can apply for a Pacific Mortgage Group Fixed Loan, and a range of different borrowers can benefit from the low rates and fees.

However, the lack of features with this home loan might not suit if you’re looking for greater options and flexibility with your home loan. This is also a completely online home loan, so it’s better suited to the more tech savvy and to people who trust doing everything for their home loan online or over the phone.

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If you have a reasonable deposit saved and you‘re looking for a low rate fixed loan that lets you easily budget your repayments for up to 30 years, the Pacific Mortgage Group Fixed Home Loan could be a suitable option. When you consider the low rate alongside the no entry and ongoing fees, this loan could be a great option to help you focus solely on making your repayments since it does lack extra features. However, this is a completely online loan which means you won’t have face-to-face service so this might be a deterrent for people who like to sit down with a branch manager.

Pacific Mortgage Group Fixed Loan Options

The Fixed Home Loan is available for terms of two, three, and five years for both home and investment loan options, with more information about each provided below at the corresponding links.

Advertised rate
Comparison rate*
Monthly repayment
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Fixed Rates from


Advertised rate


Comparison rate
  • Low fixed interest rates.
  • No upfront or ongoing fees.
  • Loan split option.
  • No offset account or redraw facilities.
  • Discharge fee.
  • No branch access.

20 per cent deposit required. Must be able to provide proof of income. Must meet serviceability criteria.

Suitable For
  • First Home Buyers
  • Owner-Occupiers
  • Refinancers
  • Investors
  • Estimated upfront fees: $0
  • Discharge fees: $295
  • Ongoing fees: $0

A huge advantage of the Fixed Home Loan is that there is no upfront cost and no ongoing fees charged throughout the life of your loan, which could add up to be a substantial cost savings when combined with the low interest rates.

However, you will have to pay a discharge fee at the end of the loan which is an average amount across other options on the market.

  • Redraw facility
  • 100% offset account
  • Unlimited extra repayments
  • Weekly repayments
  • Fortnightly repayments
  • Monthly repayments
About Pacific Mortgage Group

Pacific Mortgage group is one of Australia’s largest online mortgage providers, offering a range of lending products including fixed and variable home loans, lines of credit, and commercial and development funding. Since established in 2000, Pacific Mortgage Group have won a number of awards for consistently offering great value home loans.

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