P&N Bank Home Loan & Bag


The Home Loan & Bag home loan offers a reasonably priced rate which is the lowest variable rate on offer by P&N Bank.

Another main feature of this loan is that it comes without any entry or ongoing fees, although be sure to read the fees section as it’s not a completely fee-free loan.

With the P&N Home Loan & Bag Loan you be able to make extra repayments to help you to pay down the amount owing quicker. You can also use the redraw facility for free to redraw any of your early repayments if you need to access these funds.

One of the package options you have with this loan is access to a fee-free 100 per cent offset account through a P&N Bank everyday banking transaction account, which you can link to your home loan to offset the interest due on your loan and enjoy an unlimited number of fee-free transactions.

Another package option you have access to is a Visa Platinum card, which offers additional perks through travel, entertainment and lifestyle privileges.

Finally, this package gives you perks for taking up insurance options such as home and contents and car insurance, but these do require separate payments in order to maintain these insurance policies.

This home loan does have a portability option so you can take your loan with you if you move homes, saving you from having to go through the application process again and giving you the convenience of keeping this loan if you’re happy with it. 

Who is the P&N Bank Home Loan & Bag good for?

This could be a great home loan package if you’re already a member of or are looking to become a member of P&N Bank and have already pre-determined that you need or would like the features that are offered with the Home Loan & Bag option.

Review - What RateCity says

This could be an option for owner-occupiers since the variable rate offered is reasonably low and there is no upfront or ongoing cost charged for this home loan.

Although, you should be aware of the fees and charges for some of the extra package features that you can add on to your P&N Bank home loan before you can determine if the cost is within your budget if you have already decided you want these features alongside your loan.

P&N Bank Home Loan & Bag Options

Find out more information about Home Loan & Bag offered by P&N Bank at the link below.

1 - 4 of 4
Advertised rate
Comparison rate*
Monthly repayment
Go To Site

More details


More details


More details


More details

Variable Rates from


Advertised rate


Comparison rate
  • Competitive variable interest rate.
  • Loan portability.
  • No upfront fees.
  • Discharge fee.
  • Extra fees for some of the package options.
  • No branches outside Western Australia.

Must be a P&N Bank member.

Must be able to provide income details.

Must be over 18 years of age.

Suitable For
  • First Home Buyers
  • Owner-Occupiers
  • Refinancers
  • Investors
  • Estimated upfront fees: $0 - $395.00
  • Discharge fees: $395
  • Ongoing fees: $0 - $0 monthly

A huge benefit of this home loan package is that there are no establishment or ongoing fees, however this does not include any fees that might be incurred through the additional financial products that you can choose to package with this loan.

Also be aware that you will pay an average discharge fee when you finish your loan and a fee if you choose the loan portability option.

  • Redraw facility
  • 100% offset account
  • Unlimited extra repayments
  • Weekly repayments
  • Fortnightly repayments
  • Monthly repayments
  • Loan allows split interest rate
About P&N Bank

P&N Bank is a WA-based bank which is owned by its customers. It has branches in Western Australia and ATM access across Australia.

You can also call the bank six days a week and submit enquiries online. 

Compare your product with the big 4 banks, or add more products to compare
As seen on