P&N Bank home loan repayment calculator

Thinking about taking out a home loan with P&N Bank? Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how P&N Bank home loans compare with other options.

I am an

With a repayment type

Borrow amount

$

Deposit amount %

Loan term

Your estimated mortgage repayments

at interest rate 5.00%

Total interest payable

$0

Total loan repayments

$0

Pros and cons

  • Package and specialised loans offered.
  • Discounted rates offered.
  • Flexible repayment options.
  • Branch access limited to WA.
  • Relatively high variable rates.

P&N Bank home loans rates

Advertised Rate

2.49%

Variable

Total estimated upfront fees
$0
Comparison Rate*

2.49%

Ongoing fee
$0
Go to site
Company
P&N Bank
More details
Advertised Rate

2.64%

Variable

Total estimated upfront fees
$0
Comparison Rate*

2.64%

Ongoing fee
$0
Go to site
Company
P&N Bank
More details
Advertised Rate

2.82%

Variable

Total estimated upfront fees
$0
Comparison Rate*

2.82%

Ongoing fee
$0
Go to site
Company
P&N Bank
More details
Advertised Rate

3.12%

Variable

Total estimated upfront fees
$0
Comparison Rate*

3.12%

Ongoing fee
$0
Go to site
Company
P&N Bank
More details
Advertised Rate

2.64%

Intro 12 months

Total estimated upfront fees
$0
Comparison Rate*

3.18%

Ongoing fee
$0
Go to site
Company
P&N Bank
More details
Advertised Rate

3.23%

Variable

Total estimated upfront fees
$395
Comparison Rate*

3.23%

Ongoing fee
$0 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.19%

Fixed - 4 years

Total estimated upfront fees
$395
Comparison Rate*

3.32%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.59%

Fixed - 5 years

Total estimated upfront fees
$395
Comparison Rate*

3.36%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

1.99%

Fixed - 3 years

Total estimated upfront fees
$395
Comparison Rate*

3.39%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.29%

Fixed - 4 years

Total estimated upfront fees
$395
Comparison Rate*

3.42%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

3.43%

Variable

Total estimated upfront fees
$395
Comparison Rate*

3.43%

Ongoing fee
$0 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.69%

Fixed - 5 years

Total estimated upfront fees
$395
Comparison Rate*

3.46%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.29%

Fixed - 3 years

Total estimated upfront fees
$395
Comparison Rate*

3.47%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.09%

Fixed - 3 years

Total estimated upfront fees
$395
Comparison Rate*

3.49%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.99%

Fixed - 5 years

Total estimated upfront fees
$395
Comparison Rate*

3.52%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.04%

Fixed - 2 years

Total estimated upfront fees
$395
Comparison Rate*

3.55%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.99%

Fixed - 4 years

Total estimated upfront fees
$395
Comparison Rate*

3.58%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.29%

Fixed - 2 years

Total estimated upfront fees
$395
Comparison Rate*

3.59%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.49%

Fixed - 3 years

Total estimated upfront fees
$395
Comparison Rate*

3.59%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.14%

Fixed - 2 years

Total estimated upfront fees
$395
Comparison Rate*

3.65%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

3.19%

Fixed - 5 years

Total estimated upfront fees
$395
Comparison Rate*

3.66%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.09%

Fixed - 1 year

Total estimated upfront fees
$395
Comparison Rate*

3.71%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.49%

Fixed - 2 years

Total estimated upfront fees
$395
Comparison Rate*

3.71%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

3.19%

Fixed - 4 years

Total estimated upfront fees
$395
Comparison Rate*

3.71%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.49%

Fixed - 1 year

Total estimated upfront fees
$395
Comparison Rate*

3.74%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.19%

Fixed - 1 year

Total estimated upfront fees
$395
Comparison Rate*

3.81%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

2.69%

Fixed - 1 year

Total estimated upfront fees
$395
Comparison Rate*

3.85%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

3.87%

Variable

Total estimated upfront fees
$395
Comparison Rate*

3.87%

Ongoing fee
$0
Go to site
Company
P&N Bank
More details
Advertised Rate

3.87%

Variable

Total estimated upfront fees
$395
Comparison Rate*

3.87%

Ongoing fee
$0
Go to site
Company
P&N Bank
More details
Advertised Rate

3.97%

Variable

Total estimated upfront fees
$395
Comparison Rate*

3.97%

Ongoing fee
$0
Go to site
Company
P&N Bank
More details
Advertised Rate

3.97%

Variable

Total estimated upfront fees
$395
Comparison Rate*

3.97%

Ongoing fee
$0
Go to site
Company
P&N Bank
More details
Advertised Rate

4.37%

Variable

Total estimated upfront fees
$395
Comparison Rate*

4.37%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

4.37%

Variable

Total estimated upfront fees
$395
Comparison Rate*

4.37%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

4.37%

Variable

Total estimated upfront fees
$395
Comparison Rate*

4.37%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

4.37%

Variable

Total estimated upfront fees
$395
Comparison Rate*

4.37%

Ongoing fee
$8 monthly
Go to site
Company
P&N Bank
More details
Advertised Rate

4.87%

Variable

Total estimated upfront fees
$395
Comparison Rate*

5.02%

Ongoing fee
$10 monthly
Go to site
Company
P&N Bank
More details

P&N Bank customer service

P&N customers can contact the bank via a number of channels, including online, via web chat and by email. There is also a general customer phone line, as well as a line for those experiencing financial hardship. Customers can also visit with a P&N staff member at a local branch or make an appointment with a mobile lender.

  • Customer service centre (phone)
  • Mobile app
  • Online banking
  • Email
  • Live Chat
  • Branch
  • Mobile banking staff

How to Apply

P&N Bank gives potential customers multiple ways of applying for a home loan. These include booking an appointment with a staff member or mobile lender via the P&N website or by phone, email and online. Customers can also make enquiries about home loan products via the P&N website. Before applying for a home loan it is advisable to think about how much money you could conceivably borrow given your financial situation and income. You will also need to provide documentation when applying for a home loan. This will include:

  • Proof of identity.
  • Proof of regular income and employment.
  • Proof of other income, including allowances, pensions and rent.
  • Details of savings.
  • Details regarding current debts, liabilities and loans.
  • Personal insurance documents.

For refinancers you will also have to provide past home loan statements and a current payout quote for the loan you wish to refinance. 

Learn more about P&N Bank

How do I apply for a home loan pre-approval from Commonwealth Bank?

To apply for a Commbank home loan pre-approval, you can either call the bank at 13 2224 or meet one of the bank’s lending specialists. You can set up a meeting online if you wish. You’ll need to do some homework before contacting the bank, such as gathering information on the kind of properties you’d like to buy and their prices.

Preparing a financial summary, which lists all your income sources as well as significant expenses, can also help determine how much you can afford to borrow. You may also want to check your credit score before applying for pre-approval.

It’s worth remembering that a CBA home loan pre-approval doesn’t guarantee that you’ll get the loan. Once you get the pre-approval, you’ll have about three to six months to decide on a property and apply for the home loan. The bank will then confirm that the property is suitable for the loan before fully approving it.

Do the big four banks have guarantor home loans?

Yes, ANZ, Commonwealth Bank, NAB and Westpac all offer guarantor home loans. These mortgages are also offered by many other banks, credit unions and building societies.

Monthly Repayment

Your current monthly home loan repayment. To accurately calculate how much you could save, an accurate payment figure is required. If you are not certain, check your bank statement.

Savings over

Select a number of years to see how much money you can save with different home loans over time.

e.g. To see how much you could save in two years by switching mortgages,  set the slider to 2.

How can I get ANZ home loan pre-approval?

Shopping for a new home is an exciting experience and getting a pre-approval on the loan may give you the peace of mind that you are looking at properties within your budget. 

At the time of applying for the ANZ Bank home loan pre-approval, you will be required to provide proof of employment and income, along with records of your savings and debts.

An ANZ home loan pre-approval time frame is usually up to three months. However, being pre-approved doesn’t necessarily mean you will get your home loan. Other factors could lead to your home loan application being rejected, even with a prior pre-approval. Some factors include the property evaluation not meeting the bank’s criteria or a change in your financial circumstances.

You can make an application for ANZ home loan pre-approval online or call on 1800100641 Mon-Fri 8.00 am to 8.00 pm (AEST).

Can I take a personal loan after a home loan?

Are you struggling to pay the deposit for your dream home? A personal loan can help you pay the deposit. The question that may arise in your mind is can I take a home loan after a personal loan, or can you take a personal loan at the same time as a home loan, as it is. The answer is that, yes, provided you can meet the general eligibility criteria for both a personal loan and a home loan, your application should be approved. Those eligibility criteria may include:

  • Higher-income to show repayment capability for both the loans
  • Clear credit history with no delays in bill payments or defaults on debts
  • Zero or minimal current outstanding debt
  • Some amount of savings
  • Proven rent history will be positively perceived by the lenders

A personal loan after or during a home loan may impact serviceability, however, as the numbers can seriously add up. Every loan you avail of increases your monthly installments and the amount you use to repay the personal loan will be considered to lower the money available for the repayment of your home loan.

As to whether you can get a personal loan after your home loan, the answer is a very likely "yes", though it does come with a caveat: as long as you can show sufficient income to repay both the loans on time, you should be able to get that personal loan approved. A personal loan can also help to improve your credit score showing financial discipline and responsibility, which may benefit you with more favorable terms for your home loan.

Who offers 40 year mortgages?

Home loans spanning 40 years are offered by select lenders, though the loan period is much longer than a standard 30-year home loan. You're more likely to find a maximum of 35 years, such as is the case with Teacher’s Mutual Bank

Currently, 40 year home loan lenders in Australia include AlphaBeta Money, BCU, G&C Mutual Bank, Pepper, and Sydney Mutual Bank.

Even though these lengthier loans 35 to 40 year loans do exist on the market, they are not overwhelmingly popular, as the extra interest you pay compared to a 30-year loan can be over $100,000 or more.

How can I get a home loan with bad credit?

If you want to get a home loan with bad credit, you need to convince a lender that your problems are behind you and that you will, indeed, be able to repay a mortgage.

One step you might want to take is to visit a mortgage broker who specialises in bad credit home loans (also known as ‘non-conforming home loans’ or ‘sub-prime home loans’). An experienced broker will know which lenders to approach, and how to plead your case with each of them.

Two points to bear in mind are:

  • Many home loan lenders don’t provide bad credit mortgages
  • Each lender has its own policies, and therefore favours different things

If you’d prefer to directly approach the lender yourself, you’re more likely to find success with smaller non-bank lenders that specialise in bad credit home loans (as opposed to bigger banks that prefer ‘vanilla’ mortgages). That’s because these smaller lenders are more likely to treat you as a unique individual rather than judge you according to a one-size-fits-all policy.

Lenders try to minimise their risk, so if you want to get a home loan with bad credit, you need to do everything you can to convince lenders that you’re safer than your credit history might suggest. If possible, provide paperwork that shows:

  • You have a secure job
  • You have a steady income
  • You’ve been reducing your debts
  • You’ve been increasing your savings

What is a variable home loan?

A variable rate home loan is one where the interest rate can and will change over the course of your loan. The rate is determined by your lender, not the Reserve Bank of Australia, so while the cash rate might go down, your bank may decide not to follow suit, although they do broadly follow market conditions. One of the upsides of variable rates is that they are typically more flexible than their fixed rate counterparts which means that a lot of these products will let you make extra repayments and offer features such as offset accounts.

Are bad credit home loans dangerous?

Bad credit home loans can be dangerous if the borrower signs up for a loan they’ll struggle to repay. This might occur if the borrower takes out a mortgage at the limit of their financial capacity, especially if they have some combination of a low income, an insecure job and poor savings habits.

Bad credit home loans can also be dangerous if the borrower buys a home in a stagnant or falling market – because if the home has to be sold, they might be left with ‘negative equity’ (where the home is worth less than the mortgage).

That said, bad credit home loans can work out well if the borrower is able to repay the mortgage – for example, if they borrow conservatively, have a decent income, a secure job and good savings habits. Another good sign is if the borrower buys a property in a market that is likely to rise over the long term.

How much money can I borrow for a home loan?

Tip: You can use RateCity how much can I borrow calculator to get a quick answer.

How much money you can borrow for a home loan will depend on a number of factors including your employment status, your income (and your partner’s income if you are taking out a joint loan), the size of your deposit, your living expenses and any other debt you might hold, including credit cards. 

A good place to start is to work out how much you can afford to make in monthly repayments, factoring in a buffer of at least 2 – 3 per cent to allow for interest rate rises along the way. You’ll also need to factor in additional costs that come with purchasing a property such as stamp duty, legal fees, building inspections, strata or council fees.

If you are planning on renting the property, you can factor in the expected rental income to help offset the mortgage, but again it’s prudent to add a significant buffer to allow for rental management fees, maintenance costs and short periods of no rental income when tenants move out. It’s also wise to factor in changes in personal circumstances – the typical home loan lasts for around 30 years and a lot can happen between now and then.

Remaining loan term

The length of time it will take to pay off your current home loan, based on the currently-entered mortgage balance, monthly repayment and interest rate.

Interest Rate

Your current home loan interest rate. To accurately calculate how much you could save, an accurate interest figure is required. If you are not certain, check your bank statement or log into your mortgage account.

How long does NAB home loan approval take?

The time required to get your home loan from NAB approved can vary based on a number of factors involved in the application process. 

Once you have applied for a home loan, a NAB specialist will contact you within 24 hours over the phone to take down relevant information, including your total income, debts (existing loans, credit cards, etc.), assets (car, shares, etc.), and your monthly expenses (food, utility bills, etc.). Your lender might also ask for information related to the property you want to purchase, including the type of dwelling and preferred postcode.

NAB will then verify all your information and check your credit score, and if the details stack up, you should be given a conditional approval certificate. This certificate stipulates how much money NAB is willing to lend you and is typically valid for 90 days. 

Once you have your conditional approval, you can start browsing for properties that you like and that fit within the budget that NAB has provided. After you find a suitable property, you’ll need to give a copy of the signed deed to NAB, following which you should get full approval and access to the funds. This process can take up to 4-6 weeks. 

How to break up with your mortgage broker

If you find a mortgage broker giving you generic advice or trying to sell you a competitive offer from an unsuitable lender, you might be better off  breaking up with the mortgage broker and consulting someone else. Breaking up with a mortgage broker can be done over the phone, or via email. You can also raise a complaint, either with the broker’s aggregator or with the Australian Financial Complaints Authority as necessary.

As licensed industry professionals, mortgage brokers have the responsibility of giving you accurate advice so that you know what to expect when you apply for a home loan. You may have approached the mortgage broker, for instance, because you have questions about the terms of a home loan a lender offered you. 

You should remember that mortgage brokers are obliged by law to act in your best interests and as part of complying with The Australian Securities and Investments Commission’s (ASIC) regulations. If you feel you didn’t get the right advice from the mortgage broker, or that you lost money as a result of accepting the broker’s suggestions regarding a lender or home loan offer, you can file a complaint with the ASIC and seek compensation. 

When you first speak to a mortgage broker, consider asking them about their Lender Panel, which is the list of lenders they usually recommend and who may pay them a commission. This information can help you decide if the advice they give you has anything to do with the remuneration they may receive from one or more lenders.