Our Lifestyle Equity Line of Credit facility turns your mortgage into an all-in-one borrowing, savings and transaction account by providing the equity you already have in your home as a line of credit.
The Lifestyle Equity facility is designed to suit almost everyone, from buying or building your home to simply wanting to use the equity in your property to make large purchases or pay bills.
Key Features
- No set repayments – only when credit limit is reached
- Withdrawals at any time, for any amount, up to facility limit
- Multiple fund access options available
- Automatic payroll and other credits direct to account
Lifestyle Equity – Home Loan (Owner Occupied)
Interest Rates
| Variable interest rate | 9.70% pa |
| Variable interest rate <$150,000 | 9.70% pa |
| Variable interest rate >$150,000 | 9.45% pa |
| Variable Home Owners Package <$150,000 | 9.45% pa |
| Variable Home Owners Package >$150,000 | 9.20% pa |
Principal and Interest
| Standard Variable Rate | 9.70% pa |
Fees
| Establishment fee | $600 |
| Monthly fee | $10 |
| Annual fee | $0 |
Features
| Additional repayments accepted | Yes |
| Repayment frequency | Weekly, fortnightly, monthly |
| Offset account | Yes |
Fees, charges and lending criteria apply.
1 Standard variable rate >$150,000
