How much you can get
You can get a fortnightly loan amount up to 1.5 times the maximum fortnightly payment rate of your eligible pension.
You can access a maximum loan amount. This is the total loan you can get under the scheme. Your age and how much equity you own in Australian real estate will determine how much you can get.
We pay your loan in fortnightly payments. You can nominate the amount you get. This amount can’t exceed 1.5 times the maximum payment rate of your eligible pension.
We currently charge an annual interest rate of 5.25% that compounds fortnightly on the outstanding loan balance. The longer you take to repay the loan, the more interest you pay.
We base your maximum loan amount on your or your partner’s age and your security for the loan.
You can choose the amount of the loan you get each fortnight. This amount can be up to 1.5 times the maximum pension payment rate you qualify for.
We currently charge an annual interest rate of 5.25% that compounds fortnightly on the outstanding loan balance.
Page last updated: 1 July 2019