Additional Loans & Options

Find a loan option to cover extra costs and maximise your budget.

How our loans work

Home Loans

HomeStart offers three home loan options, with different features depending on your circumstances.

HomeStart Loan
Graduate Loan
Low Deposit Loan

Additional Loans

When taking out a home loan with HomeStart, you can also take out an additional loan to boost your budget or cover upfront costs.

Advantage Loan
Starter Loan
Shared Equity Option

Additional loans to boost your budget

When taking out a home loan with HomeStart, you can also take out an additional loan to help boost your overall home buying budget or help cover some of the upfront costs, giving you more options.

Additional Loan to boost your budget

Boost your budget by up to $70,000.

Features

Repayments

Repayment-free

INTEREST RATE

25% of the HomeStart Loan Standard Variable rate

INCOME

Net household income of up to $65,000 p.a.

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Additional Loan to boost your budget

Boost your home buying budget by up to 25%.

Features

REPAYMENTS

Repayment-free

INTEREST RATE

Interest-free

INCOME

Net household income limit of up to $110,000 p.a.

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Additional Loan for upfront costs

Borrow up to $10,000 for upfront costs.

Features

Repayments

Repayment-free for 7 years

Interest Rate

Interest-free for 7 years

Purpose

Buy or build

Income

Net household income of up to $75,000 p.a. for singles and $100,000 p.a. for couples

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Unlock your home's equity

A home equity loan allows you to unlock the value in your home for various financial needs, such as covering medical expenses, performing maintenance, or renovations in your home. By tapping into your home’s equity, you can access funds to manage expenses without selling your property.

Equity Loan

If you’re 60 or over, you can unlock your home’s equity with a ‘no negative equity’ guarantee through our reverse mortgage loan. You can also make voluntary repayments and there are no monthly account keeping fees.

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Equity Loan

The Home Equity Loan helps you access up to $20,000 in equity in your home and is available to current HomeStart customers to fund house related or non-house related expenses.

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Loan Calculators

How much can I borrow?

Work out how much you may be able to borrow.

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How much deposit do I need?

See if you have enough funds to cover the up-front fees, deposit and other costs.
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What are my repayments?

Work out what your repayments may be.

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Additional Loans & Options

How our loans work

Home Loans

Additional Loans

How much can I borrow?

How much deposit do I need?

What are my repayments?