RateGapevery home loan rate lenders publish, compared

P&N Bank home loan rates

P&N Bank's lowest advertised variable rate for a home you live in and pay down is 6.38%, read Monday 2 November. That is 0.53 percentage points above the going rate of 5.85% across every lender. Its lowest fixed rate is 6.49%, fixed for one year.

Since the Reserve Bank’s increase on Tuesday 29 September, P&N Bank has raised its lowest advertised variable rate from 6.13% to 6.38%. The change was first seen Wednesday 14 October. After the Reserve Bank’s increase has every lender.

70 advertised rates across 32 products, published by P&N Bank under the Consumer Data Right. Last read Monday 2 November, yesterday. No lender pays to be listed.

Where it sits

6.38% P&N Bank, lowest variable rate open to anyone

5.85% The going rate

0.53 percentage points above the going rate

The going rate is the lowest rate at least three lenders reach, so one lender's odd price cannot set it.

Both are advertised new-customer rates. A negotiated discount is in neither. Read your own rate against this.

Lowest variable rate, open to anyone: 6.38%
Lowest fixed rate: 6.49%, one year
Lowest comparison rate: 6.41%
Rates published: 70, across 32 products
Last rate move: Tuesday 13 October
Last read: Monday 2 November

For a home you live in and pay down. The other loan types are in the tables below.

Owner-occupied, principal and interest

Variable

Basic Variable HL LVR <60 · 6.38% (6.41% with fees)
Basic Variable HL LVR >60-70 · 6.42% (6.45% with fees)
Offset Variable HL LVR<60 · 6.42% (6.45% with fees)
Basic Variable HL LVR >70-80 · 6.44% (6.47% with fees)
Offset Variable HL LVR>60-70 · 6.44% (6.47% with fees)
Offset Variable HL>70-80 · 6.60% (6.63% with fees)
Basic Variable HL LVR >80-90 · 6.74% (6.77% with fees)
Offset Variable HL LVR>80-90 · 6.92% (6.95% with fees)
Basic Variable HL LVR >90-95 · 7.04% (7.07% with fees)
Offset Variable HL LVR>90-95 · 7.45% (7.48% with fees)

Fixed

Fixed Home Loan (P&I) LVR <80 · one year · 6.49% (6.56% with fees)
Fixed Home Loan (P&I) LVR >80 · one year · 6.59% (6.57% with fees)
Fixed Home Loan (P&I) LVR >80 · two years · 6.59% (6.58% with fees)
Fixed Home Loan (P&I) LVR <80 · three years · 6.69% (6.61% with fees)
Fixed Home Loan (P&I) LVR <80 · four years · 6.74% (6.64% with fees)
Fixed Home Loan (P&I) LVR >80 · three years · 6.79% (6.64% with fees)
Fixed Home Loan (P&I) LVR <80 · five years · 6.79% (6.68% with fees)
Fixed Home Loan (P&I) LVR >80 · four years · 6.84% (6.68% with fees)
Fixed Home Loan (P&I) LVR >80 · five years · 6.89% (6.72% with fees)

Also published beside these prices, under a different label. None is counted as a price here:

Fixed Home Loan (P&I) LVR <80: introductory, published as 6.49%

No rate here says how much of the property's value it applies to. That is what P&N Bank publishes. It says nothing about how much it will lend.

Owner-occupied, interest only

11 rates

Variable

Reverse Mortgage Home Loan · 9.25% (9.28% with fees)

Fixed

Fixed Home Loan (IO) LVR <80 · one year · 6.49% (6.56% with fees)
Fixed Home Loan (IO) LVR <80 · two years · 6.49% (6.56% with fees)
Fixed Home Loan (IO) LVR >80 · one year · 6.59% (6.57% with fees)
Fixed Home Loan (IO) LVR >80 · two years · 6.59% (6.58% with fees)
Fixed Home Loan (IO) LVR <80 · three years · 6.69% (6.61% with fees)
Fixed Home Loan (IO) LVR <80 · four years · 6.74% (6.64% with fees)
Fixed Home Loan (IO) LVR <80 · five years · 6.79% (6.68% with fees)
Fixed Home Loan (IO) LVR >80 · three years · 6.79% (6.64% with fees)
Fixed Home Loan (IO) LVR >80 · four years · 6.84% (6.68% with fees)
Fixed Home Loan (IO) LVR >80 · five years · 6.89% (6.72% with fees)

No rate here says how much of the property's value it applies to. That is what P&N Bank publishes. It says nothing about how much it will lend.

Investment, principal and interest

16 rates

Variable

Investor Basic (P&I) LVR <70 · 6.54% (6.57% with fees)
Investor Offset P&I LVR<70 · 6.57% (6.60% with fees)
Investor Basic P&I LVR>70-80 · 6.59% (6.62% with fees)
Investor Offset P&I LVR >70-80 · 6.62% (6.65% with fees)
Investor Basic P&I LVR>80-90 · 6.84% (6.87% with fees)
Investor Offset P&I LVR>80-90 · 6.94% (6.97% with fees)

Fixed

Fixed Home Loan Inv P&I LVR<80 · one year · 6.64% (6.76% with fees)
Fixed Home Loan Inv P&I LVR<80 · two years · 6.64% (6.75% with fees)
Fixed Home Loan Inv P&I LVR>80 · one year · 6.74% (6.77% with fees)
Fixed Home Loan Inv P&I LVR>80 · two years · 6.74% (6.77% with fees)
Fixed Home Loan Inv P&I LVR<80 · three years · 6.79% (6.78% with fees)
Fixed Home Loan Inv P&I LVR>80 · three years · 6.89% (6.81% with fees)
Fixed Home Loan Inv P&I LVR<80 · four years · 6.99% (6.86% with fees)
Fixed Home Loan Inv P&I LVR<80 · five years · 6.99% (6.88% with fees)
Fixed Home Loan Inv P&I LVR>80 · four years · 7.09% (6.90% with fees)
Fixed Home Loan Inv P&I LVR>80 · five years · 7.09% (6.92% with fees)

No rate here says how much of the property's value it applies to. That is what P&N Bank publishes. It says nothing about how much it will lend.

Investment, interest only

16 rates

Variable

Investor Basic (IO) LVR <70 · 6.84% (6.65% with fees)
Investor Offset IO LVR<70 · 6.85% (6.68% with fees)
Investor Basic IO LVR>70-80 · 6.89% (6.70% with fees)
Investor Basic IO LVR>80-90 · 6.89% (6.88% with fees)
Investor Offset IO LVR>70-80 · 6.92% (6.73% with fees)
Investor Offset IO LVR>80-90 · 7.24% (7.06% with fees)

Fixed

Fixed Home Loan Inv IO LVR<80 · one year · 6.64% (6.76% with fees)
Fixed Home Loan Inv IO LVR<80 · two years · 6.64% (6.75% with fees)
Fixed Home Loan Inv IO LVR>80 · one year · 6.74% (6.77% with fees)
Fixed Home Loan Inv IO LVR>80 · two years · 6.74% (6.77% with fees)
Fixed Home Loan Inv IO LVR<80 · three years · 6.79% (6.78% with fees)
Fixed Home Loan Inv IO LVR>80 · three years · 6.89% (6.81% with fees)
Fixed Home Loan Inv IO LVR<80 · four years · 6.99% (6.86% with fees)
Fixed Home Loan Inv IO LVR<80 · five years · 6.99% (6.88% with fees)
Fixed Home Loan Inv IO LVR>80 · four years · 7.09% (6.90% with fees)
Fixed Home Loan Inv IO LVR>80 · five years · 7.09% (6.92% with fees)

No rate here says how much of the property's value it applies to. That is what P&N Bank publishes. It says nothing about how much it will lend.

Restricted to particular groups

Product	Who it is for	Rate
Bridging Loan L61	a particular group only, per its published conditions	9.77%

The data says a product is restricted. It never says whether you would get it. On the comparison every one of these can be put back with a click, and every figure is worked out again.

What changed

P&N Bank last moved a rate on Tuesday 13 October. Every rate is read each morning and has come back the same since.

Every lender that publishes rates, and every rate move since capture began.

Beside it

Of 93 lenders with a variable rate anyone could take for a home you live in and pay down, 58 publish a lower one than P&N Bank's 6.38%. The nearest either side:

Connective Select 6.34%
UBank 6.34%
P&N Bank 6.38%
Qudos Bank 6.38%
Coastline Bank 6.39%

P&N Bank is a P&N Group brand. The group's other brand with a page here: BCU Bank. Each publishes its own rates.

Does this look wrong? or could it be better

Two different things go wrong here and they are fixed in different places. If a rate on this page does not match what P&N Bank told you, it is usually one of these.

The published data is wrong

P&N Bank publishes these rates itself, under the Consumer Data Right. Nobody here types them in and nothing here can correct them at the source. If the feed is wrong, every comparison site reading it is wrong in the same way. Reports about a data holder's feed go to the Consumer Data Right, and published-data quality is on the ACCC's enforcement list.

Everything identifying the feed is filled in below. The one part left is what you saw.

Consumer Data Right — Product Reference Data quality

Data holder brand: P&N Bank
ABN: 69087651876
Product Reference Data endpoint: https://public.cdr-api.pnbank.com.au
Data read from that endpoint on: Sunday 1 November
Rate lines published at that time: 70

What appears to be wrong:
[describe what you checked, and what the published data says]

This data is published under the Product Reference Data standard and is
available publicly, without authentication or a consumer consent.

Open the report form in a new tab ↗

The form is run by the Consumer Data Right, not by this site. Nothing you type here is sent anywhere — the text above is yours to copy.

This page reads it wrongly

The rate is published correctly and this page has misread it. A band shown against the wrong loan type, a fee counted twice, a product that should be marked restricted and is not: that one is mine. Tell me and I will fix it, and say which lender so I can find the row.

Something is missing

A figure this page should show and does not, or a lender that should be here and is not. Tell me through the feedback box. The data behind every page here is free to download if you would rather check it yourself first.

The other questions

Are you paying more than you need to? your rate against every lender publishing one
How fast should you pay it off? term, extra repayments, interest only
Don't have a loan yet? what to look at before you pick one
What does each lender advertise? every lender that publishes rates, a page each
What moved this week? which lenders changed an advertised rate
Where do these numbers come from? every published rate, and how fresh it is

Free, and not advice. It knows only what the lender publishes, not what you could negotiate. A licensed broker does this for a living. Who made this. What this site collects.