Home loan top-up

If you're borrowing for renovations or a big purchase, work out how much you want to request to top-up by. Also have a think about the length of time it will take to repay the loan and how much breathing room you have to increase your repayments.

The amount you could borrow will depend on how much of your home loan you’ve already paid off, the current value of your home, how much you can afford in repayments and what the top-up is for. Use our borrow more calculator to see what's possible and compare different interest rates and repayment scenarios for the additional loan.

We have home loan specialists to help you through the process, including structuring your top-up with your home loan in a way that suits you. When you're ready, request to borrow more against your home loan.

If you're looking to make some upgrades and your renovations cost more than what you've already saved, a top-up may be an option to bridge the gap. Your home loan specialist can help outline your next steps depending on the type of improvements you're wanting to make.

If you’ve got a few existing debts with high interest rates, it may be worth topping up your home loan to consolidate them and pay them off. This can reduce your regular outgoings and it might be easier to budget with only one loan to think about.

You can use a home loan top-up to pay for installing an eligible sustainable energy system, like solar panels or a wind turbine. You may also be eligible for a $2,000 contribution from us (over four years) towards the cost. Find out more about a sustainable energy loan.