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.

Page last updated: 1 July 2019

Was this page useful?
Why not?

Thank you for your feedback.