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We invite you to schedule a call to discuss your retirement funding solutions so that you can live well at home.

To schedule a call simply:

  1. Complete the form below which validates your eligibility in terms of age, home ownership and post code.

  2. Select and confirm a date/time you’d like us to call you back.

  3. Then provide your contact information for your 15min obligation free information session.

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1300 622 100
Monday to Friday
9am to 6pm AEST

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PO Box 4232
Fitzroy South
VIC 3065

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What is a Household Loan?

A Household Loan is our innovative approach to borrowing against home equity for responsible, long-term, retirement funding. It is a type of reverse mortgage.

A reverse mortgage allows you to borrow money using the equity in your home as security. Interest is charged like any other loan, but you don’t need to make repayments while you live in your home. The loan must be repaid in full when you sell or leave your home or, in most cases, if you move into residential aged care.

Please see the Reverse Mortgage Information Statement for more information.

To find out more about reverse mortgages, including a reverse mortgage calculator to help you work out how much equity you may have in the future, visit the Australian Securities and Investments Commission’s free consumer website at www.moneysmart.gov.au.

Try our equity calculator or call us on 1300 622 100 to see how using your Household Capital could improve your retirement income so you can stay safe and Live Well At Home.

What protections does a Household Loan provide?

A Household Loan is a type of reverse mortgage, so you benefit from key structural and legislative protections.

Ownership
  • You remain the owner of your home (and benefit from any increase in property value)
Lifetime Occupancy
  • You can stay in your home for as long as you want to.
No Loan Repayments
  • There is no requirement for you to make periodic loan repayments (although you can do so at any time without penalty). The loan becomes repayable when you leave your home.
No Negative Equity Guarantee
  • You cannot end up owing us more than your home is worth.

Try our equity calculator or call us on 1300 622 100 to see how using your Household Capital could improve your retirement income so you can stay safe and Live Well At Home.

What is the interest rate?

The interest rate on a Household Loan is a variable rate of 4.95% per annum, which is Australia’s lowest rate for a reverse mortgage or equity release product. *The Comparison Rate based on a loan of $150,000 for 25 years is 4.98% per annum. Fees and charges may be payable. Note: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Try our equity calculator or call us on 1300 622 100 to see how using your Household Capital could improve your retirement income so you can stay safe and Live Well At Home.

Will my Age Pension be affected?

The Age Pension is an important source of income for many retired Australians. We can work with you to understand how a Household Loan can be used to preserve your pension entitlements and always recommend you speak to Centrelink to ensure your entitlements aren't affected.

Try our equity calculator or call us on 1300 622 100 to see how using your Household Capital could improve your retirement income so you can stay safe and Live Well At Home.