Log onRegister

Supplementary loan - Home loans

Supplementary loan

The ANZ Supplementary Loan allows you to access the equity in your home or investment property for personal or investment purposes. It is fully flexible and can be used for a variety of different purposes such as consolidating existing personal borrowings, purchasing shares or to finance other purchases, according to your needs.

Apply now

Interest rate

6.31% p.a. - variable

Fixed rate also available

Comparison rate
6.41% p.a.
Loan term
Up to 10 years
Longer terms may be considered depending on the purpose of the lending
Minimum amount
$5,000 for eligible variable rate loans
$10,000 for eligible fixed rate loans
Maximum amount
90% of the valuation of the security property
Lenders Mortgage Insurance
Required if amount borrowed is more than 80% of the valuation of the security property
Repay loan early
Yes - fees may apply if repaying a fixed rate loan during the fixed rate period (see Fees and charges tab)
Make additional repayments
Yes - for variable rate supplementary loans. For fixed rate supplementary loans, additional repayments can be made up to a set tolerance amount**. Early repayment costs may apply for additional repayments above the tolerance amount for fixed rate loans.
100% mortgage offset

Yes - for variable and one year fixed rate supplementary loans - this mortgage offset account makes the most of your available funds to reduce interest costs, and shorten the term of your loan:

Redraw facility

Yes - for variable rate supplementary loans or fixed rate loans once they revert to the variable rate.

Reduced fees on a personal transaction account^
Yes - you will not pay account servicing fees or additional withdrawal fees on your linked ANZ Access Advantage account (not available with ANZ Interest-in-Advance Supplementary Loan)
Draw down loan progressively

Yes - up to 12 months for variable rate and four months for fixed rate.

Repayment holiday
ANZ Assured
$1,000 ANZ Assured facility on an ANZ One cheque or savings account linked to the loan (subject to ANZ approval)
Loan approval fee (LAF)

$350

Covers application and loan establishment costs.

Loan administration charge
$10 per month for fixed rate loans (Applies during fixed interest rate period) and $5 per month for variable rate loans.
Redraw fee
Available on variable rate loans. $25 redraw fee, $2,000 minimum redraw (additional conditions apply).
Early repayment administration fee
Applies to fixed rate loans. $300 if you fully prepay your entire loan during the fixed rate period. Only applies to loan agreements made on or after 1 November 1996.
Early repayment cost

Applies to fixed rate loans. May be payable if you choose to make additional repayments, repay your fixed rate loan (in part or in full) or switch to another fixed or variable interest rate before the end of your fixed rate period. The definition and method of calculation are set out in the Consumer Lending Terms and Conditions booklet under the heading 'Repaying Your Loan Early During a Fixed Interest Rate Period'.

Converting or renegotiating

Renegotiation fee

$200 - If no change to the loan term, amount or security and no change to interest only repayments.

$350 - If changing loan term, amount, security, changing repayments to interest only or renewing your existing fixed rate loan term.

Telephone icon Call 1800 100 641

Enquire online icon Enquire online

Ways to apply for a home loan

Telephone iconCall us direct on 1800 100 641

* Comparison Rate calculated on a loan amount $30,000 over a term of 5 years based on monthly repayments. These rates are for secured loans only.

WARNING: This Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.

A copy of the Comparison Rate Schedule is available at any ANZ branch or view it online ANZ Comparison Rate Schedule (PDF 80kB).

Terms and conditions available on application. Fees and charges apply.

The Rates applicable for interest paid annually, monthly, quarterly or semi - annually in advance are available on application at any ANZ Branch.

** For more information regarding the tolerance please visit any ANZ branch or phone the Home Loan Hotline on 1800 100 641 8am - 11pm EST seven days a week.

^ Non-ANZ ATM Fees apply, salary must be deposited to the account to obtain the waiver.

You need Adobe Reader to view PDF files. You can download Adobe Reader free of charge.