LINE OF CREDIT
A line of credit allows you to borrow against the equity in your home, with the flexibility to draw up toyour approved credit limit.
- From (owner occupied)
- 8.01%
- Bundle discount (variable)
Interest Rates
Owner occupied — Interest only
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Bundle discount (variable) LVR <=80% | 8.01% | — | — |
Investment — Interest only
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Bundle discount (variable) LVR <=90% | 8.54% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| ESTABLISHMENT_FEE_-_LINE_OF_CREDIT To cover our costs associated with establishing your loan. Waived for Freedom Package loans | Upfront | $0.00 |
| PRINCIPAL_INCREASE_FEE_-_LINE_OF_CREDIT Payable when we process your request to increase the principal amount of your loan. Waived for Freedom Package loans | Event | $0.00 |
| PROGRESS_PAYMENT_FEE Payable on the first drawdown after settlement to cover the administration costs of progress payments for your construction or home renovation | Event | $450.00 |
| SETTLEMENT_FEE Payable when we process the settlement of your loan. Waived for Freedom Package loans | Event | $100.00 |
| VALUATION_FEE_-_NEW_LOANS_&_LOAN_INCREASES Initial Valuation Fee included in Establishment Fee up to $300 (total per application). Initial Valuation Fee included in Package Fee up to $400 (total per application), subsequent Valuation Fees (eg. additional loans) included in Package Fee up to $300 (total per application). | Cash advance | Variable |
| LENDERS_MORTGAGE_INSURANCE_PREMIUM Premium varies according to the amount borrowed and the valuation of the secured property/s - an estimate will be provided after the security valuation is received |
Features
- Bill payment (BPAY)
- Card access
- Visa Debit Card
- Digital banking
- Unlimited transactions
- PayID
- Real-time payments (NPP)
- Extra repayments
- Split loan
Eligibility
- Minimum age — 18 years
- Maximum age — 75 years
- Individuals only
Constraints
- Maximum LVR — 90%LVR up to 80% for Owner Occupied loans. LVR up to 90% for Investment loans
- Maximum limit — $3,500,000.00
- Minimum limit — $100,000.00
Bundles
FREEDOM_PACKAGE
A mortgage package offering interest rate savings and fee waivers on the home loan and other financial services.
More Information
Published by Auswide Bank Ltd under the Consumer Data Right · Last updated 1 July 2026 · Product ID 4ef38e9d-2b69-495a-9e89-f594d54d6ae0 · View on CDR.gov.au