Retirement Income Solution
Retirees typically fund their retirement using a combination of savings in superannuation and other investments, as well as the Age Pension. However, many Australians retire without enough superannuation to fund a comfortable retirement and maintain the lifestyle they worked hard to enjoy.
Our Household Loan enables you to unlock the wealth in your home and responsibly access a portion of your home’s value to meet your long term retirement needs. It also provides you with flexibility and choice to improve your lifestyle and wellbeing while you continue to live in the home you love.
It's As Easy As 1, 2, 3!
Calculate Your Home Equity
Learn how accessing your home equity could help you consolidate debts or increase your income.
Because regular repayments are not required, the interest added to the loan balance compounds over time. This means you pay interest on your interest. Over time, the amount you owe will increase. The longer the term of your reverse mortgage, the more interest compounds.
Alternatively, Household Capital offers an 'interest only' facility, where you can make regular payments so that at the end of the term, only the amount you borrow is repayable.
See more on interest rates and fees.