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Compare our home loans
A home loan that lets you
borrow up to 35% more
HomeStart Home Loans
| |
HomeStart Home Loan |
Breakthrough Loan
|
Graduate Loan |
Low Deposit Loan |
Seniors Equity Loan |
| Description |
A home loan option which can be designed to suit your needs |
A shared appreciation loan that can increase your borrowing power by up to 35%
Taken in conjunction with another eligible loan |
If you are a graduate, police officer or enrolled nurse, this loan could be the key to getting you into your own home sooner |
Even if you don't think that you have enough funds for a deposit, this loan could be the solution to help you on your way to home ownership sooner |
This loan is commonly referred to as a 'reverse mortgage' and enables over 60's to access their home equity |
| Deposit (may be higher in regional areas and for construction loans) |
From 5% |
N/A |
From 3% |
From 3% |
Equity required dependent on age of youngest borrower (available in metro & selected regional areas) |
| Interest rate options |
Variable |
 |
N/A |
|
|
|
| Fixed and split |
|
N/A |
|
|
N/A |
| Repayment Safeguard |
|
N/A |
|
|
N/A |
| Buy or build |
|
Buy only |
|
Buy only |
N/A |
| Voluntary repayments |
Limited to $10K per annum if fixed |
Minimum lump sum $10K (valuation required) |
Limited to $10K per annum if fixed |
Limited to $10K per annum if fixed |
|
| Redraw (variable only) |
|
N/A |
|
Available after
12 months |
Further drawdown may be available on either a regular or ad hoc basis |
| Portability and bridging |
|
N/A |
|
|
N/A |
Equity access (available after
12 months) |
|
N/A |
|
|
N/A |
Additional Home Loans
| |
Nunga Loan |
Advantage Loan
|
Equity Start Loan |
Wyatt Loan |
| Description |
This loan is available to Indigenous people. |
Tops up your borrowing power by up to $30,615
Available to customers with a household income of up to $711 per week ($36,980 per year) after tax
Taken in conjunction with another eligible loan |
The EquityStart Loan provides public and community housing tenants with a boost to their borrowing power of up to $50,000
Taken in conjunction with another eligible loan |
The Wyatt Loan (up to $10,000) covers fees and charges and may also cover deposit costs of up to 5% of the property's value.
Available to people with a net household income of $40,000 or less, who have lived in SA for 5 years and intend to remain in SA*
Taken in conjunction with another eligible loan |
| Deposit (may be higher in regional areas and for construction loans) |
From 3% |
N/A |
N/A |
N/A |
| Interest rate options |
Variable |
|
|
|
Interest free for five years, then combined with standard HS loan |
| Fixed and split |
|
N/A |
N/A |
N/A |
| Repayment Safeguard |
|
N/A |
N/A |
N/A |
| Buy or build |
Buy only |
|
|
|
| Voluntary repayments |
|
|
|
|
| Redraw (variable only) |
|
N/A |
N/A |
N/A |
* Other terms & conditions available on application
