Building and using Equity

Building equity

Equity is the difference between the market value of your property and the amount you still owe on your loan. As time goes on, your options can increase and we can help guide you through the process of building and using the equity in your home.

Equity building options

If you want to build the equity in your home sooner, there are a variety of options including increasing the value of your property, increasing the regularity of your loan repayments and opening an interest off-set account.

Using your equity

If you need to use the existing equity in your home for renovating, investing or improving your lifestyle, we can help. Options include repayment redraws and applying for a line of credit. You can also take advantage of a reverse mortgage, if you're 65 years or over.

More info

Important information
Applications for finance are subject to the Bank’s normal credit approval including a valuation if applicable. Full terms and conditions are included in the Loan Offer. Fees and charges are payable.