Make your home loan portable



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When comparing home loans, an important feature to consider is home loan portability. Many home loans offer loan portability as a standard option available, which is the ability to move your loan from one property to another. It also helps the financial institution retain you as a customer when they offer easy loan portability.

Most people change properties more than once over the course of a typical 25-year loan term and loan portability allows you to keep the same home loan to avoid cancelation fees and establishment charges for a new home loan. By keeping your loan from one property to the next, you could also save money on stamp duty as well as other possible fees and charges, plus the effort required to transfer a home loan.

It is worthwhile considering the option of loan portability when you are choosing a home loan if you plan on upsizing or downsizing over the term of the loan.

Use Australia’s leading home loan comparison service, RateCity.com.au to compare fixed home loans, variable rate home loans or just find out more information with our helpful and informative home loan guide and Australian mortgage calculator.

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.

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