Our HomeSaver Loan comes with some great benefits...

• Variable and lump sum repayments
• Line of credit
• Early repayment without penalty
• No monthly loan service fees
• Automatic repayments (salary / account)
• Interest only option

Variable and lump sum repayments

By contributing any extra income to your loan, in addition to your usual repayments, you are able to pay off your loan sooner and therefore you could save thousands of dollars in interest costs. ^

Line of credit

The difference between your current balance and your credit limit is your available line of credit.  You can conveniently access this money using the available access methods for the HomeSaver Loan. Refer to accessing your money.

Early repayment without penalty

We don’t charge you a fee if you repay your loan early and the earlier you pay off your loan the more money you save in interest charges. ^

No monthly loan service fees

Unlike some other institutions, we do not charge any account keeping or service fees on our personal loan, saving you money. ^

Automatic repayments (salary / account)

You can arrange to make automatic repayments either by payroll deduction, direct debit from your savings or transaction account, Internet or telephone banking.  Setting up automatic repayments saves you time and should assist you to avoid any late fees. ^

Interest only option

Our HomeSaver Loan offers an interest only option which means you are only required to make a repayment if your Credit Limit is exceeded by the interest charged to the loan.  This form of loan is commonly used by investors in property or shares to maximise their negative gearing tax advantages.  Please refer to your Accountant or Financial Advisor for advice on this feature.

More Information

Need answers? Read our FAQs.
Use one of our Loan Calculators to work out what loan is right for you.

Apply

Apply for a Home Loan.

Questions?

If you have any questions, please contact us.