Maximum loan amount

We base your maximum loan amount on your or your partner’s age and your security for the loan.

The maximum loan amount generally increases each year as you or your partner get older. This is because your age component increases with your or your partner’s age.

Changes to the value of the real estate you use as security will also affect your maximum loan amount. If the value increases each year, your maximum loan will also increase. If the value decreases then the maximum loan will also decrease.

Your fortnightly loan payments will stop once your loan balance reaches your maximum loan amount.

To work out the maximum loan amount we:

  1. multiply the age component amount by the security for the loan
  2. divide this number by 10,000.

Page last updated: 2 July 2019

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