Home loans
Moving up, moving on or moving cities?
Finance to buy the home you'll live in next. Structure matters as much as the rate: how you split the loan between fixed and floating, and which terms you choose, can change what you pay by thousands.
Who it suits
- Moving to a bigger or smaller home
- Relocating to a new city
- Buying before or after selling
What lenders look at
- Equity in your current home and your deposit
- Income, living costs and existing debts
- Loan-to-value ratio (LVR) and debt-to-income ratio (DTI)
- The property itself, often through a valuation
What to prepare
Tick them off as you go.
Questions to ask
- How should we split fixed and floating?
- What cashback is on offer, and when must it be repaid?
- Can I make extra repayments without a fee?
- Can I keep my current loan and move it to the new home?
Everyone's situation is different. Lenders weigh things differently and small details change the answer. An adviser can tell you where you stand with home loans and what to do next.
Talk to an adviserRun the numbers
Calculators for this
Loan repayments
Work out your repayments and the total interest over the life of the loan.
Calculate nowHome buyingBorrowing power
Estimate how much you could borrow, the way lenders test it.
Calculate nowRepayingSplit loan
Model a loan split between a fixed rate and a floating rate.
Calculate nowLearn more
Guides
Fixed, floating or both?
A fixed rate stays the same for a set term, from six months to five years. You know your repayments, but extra repayments are limited and leaving…
Read the guideBorrowing · 1 min readHow lenders work out how much you can borrow
Lenders start with your income, take off tax, living costs and the repayments on any other debts, and see what's left. Then they work out the largest…
Read the guideBuying · 1 min readFrom offer to settlement: what happens when
Pre-approval: a lender agrees in principle how much it will lend, subject to conditions. It gives you a budget and the confidence to make…
Read the guideEvery situation is different
Tell us what you're planning and an adviser will work through your options with you.