Equity Extra Investment Overdr
A line-of-credit secured against the equity in your Investment Property.
- From (investment)
- 10.29%
- Variable
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Investment, principal and interest, interest only, construction & guarantor loans. | 10.29% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Mortgage Establishment Fee | Upfront | $800.00 |
| Mortgage Extension Fee | Upfront | $300.00 |
| Easy Access Monthly Access Fee Charged monthly · For those who appreciate the convenience of managing your money your own way. You'll receive access to our rebate scheme which could see you paying no access fee at all depending on your combined savings, investments, credit cards and loans balance. It's our way to say thanks for being a loyal customer. | Ongoing | $6.00 |
| Easy Access Monthly Access fee for customers 65 years and over or pensioners Charged monthly · A discounted monthly access fee for those 65 years and older or in receipt of an Aged, Invalid or Veterans Affairs Pension. You'll receive access to our rebate scheme which could see you paying no access fee at all depending on your combined savings, investments, credit cards and loans balance. It's our way to say thanks for being a loyal customer. | Ongoing | $3.00 |
| Equity Extra Facility Fee Charged monthly | Ongoing | $10.00 |
| Contract Variation/Consent Fee | Event | $300.00 |
Features
- Digital banking
- Open accounts, check balances, view transactions, transfer funds, schedule payments, BPAY, eStatements, SMS alerts, activate cards, change card PIN, mark card lost or stolen, loan redraw, loan status update, accept loan contracts and send secure messages.
- Digital wallet — Apple Pay
- Digital wallet — Google Pay
- Free transactions — 10
- Enjoy 10 free transactions per month on the Essential Access Fee Package.
- Free transactions — 1
- Enjoy 1 free staff assisted transaction per month on the Easy Access Fee Package.
- Guarantor supported
- Notifications
Eligibility
- Minimum age — 18 years
- Individuals only
- Lending criteria apply.
- Residency status — A Permanent Australian Resident including those working overseas.
Constraints
- Minimum limit — $10,000.00
More Information
Published by Summerland Bank under the Consumer Data Right · Last updated 27 June 2026 · Product ID 84 · View on CDR.gov.au