Call
Household Loan
Refinance for 60+
Home Equity Wealth Release
Pension Loan Scheme
Home Reversion Schemes
Schedule a Call Back
We're here to help
Tax
Free
Funds
No Regular
Repayments
Required
Consistently
Low
Rate
Award
Winning
Company
We invite you to schedule a call to discuss your retirement funding solutions.
Provide your contact information for your 15min obligation free information session.
Call
Australia Wide1300 622 100
Monday to Friday
9am to 6pm AEST
Postal Address
PO Box 4232Fitzroy South
VIC 3065
Follow us
Need more info?
How does a Household Loan Work?
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)
- You can stay in your home for as long as you want to.
- 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.
- You cannot end up owing us more than your home is worth.
Try our equity calculator or call us on 1300 622 100. See how using your Household Capital could improve your retirement income. Live Well At Home™
What is the interest rate and fees?
Interest Rate
The interest rate on a Household Loan is 5.20%p.a. (5.23%p.a. comparison rate*), which is a consistently low rate for a reverse mortgage or equity release product.
Establishment Fee
Household Capital charges an Establishment Flat Fee (including valuation and conveyancing) of $950.
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. See how using your Household Capital could improve your retirement income. Live Well At Home™
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. See how using your Household Capital could improve your retirement income. Live Well At Home™