Home Loans
HomeStart offers three home loan options, with different features depending on your circumstances.
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HomeStart Loan
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Graduate Loan
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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.
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Advantage Loan
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Starter Loan
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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.
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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 $75,000 p.a.
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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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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
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.
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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.
Loan Calculators
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How much can I borrow?
Work out how much you may be able to borrow.
Try the calculator -
How much deposit do I need?
See if you have enough funds to cover the up-front fees, deposit and other costs.
Try the calculator -
What are my repayments?
Work out what your repayments may be.
Try the calculator
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