Click Loans Maxi Loan


One of the main features of the Maxi Loan is the flexibility borrowers have in making repayments, which includes the ability to make lump sum repayments as well as penalty-free additional repayments. There is no penalty fee charged if the loan is paid off early.

Customers of this loan also have access to a redraw facility which gives you the power to redraw any of these additional repayments that they make throughout the life of the loan.

The Maxi Loan is offered at a variable rate of interest to both owner-occupiers and investors, and is comparatively a moderate rate if borrowing less than 85 per cent of a property’s value. It increases to the moderately-high range for greater borrowing amounts up to a maximum of 95 percent of a property’s value.

Borrowers do have the ability to split the loan with a fixed rate option so they can take advantage of having the stability in monthly repayments a fixed rate offers, while paying off part of the loan with one of the Maxi Loan variable rates.

The loan is portable, so it can be moved to another property without having to provide separate documentation, which is ideal for borrowers who wish to move homes and want to avoid paying the upfront costs associated with establishing a new loan or for investors looking to switch their securities on this loan.

Who is the Click Loans Maxi Loan good for?

The Maxi Loan is available to both owner-occupiers and investors, but may be more suitable for customers who are making a larger deposit on their home purchase since the variable rates are lower at a lesser borrowing amount.

This is a completely online loan option, which means it’s good for borrowers who prefer to handle everything pertaining to their loan online and might not be the best option for people who prefer to have face-to-face contact at a lender branch. 

Review - What RateCity says

The moderate to moderately-high variable interest rates combined with the establishment fee may make this loan more expensive in the long run compared to other products on the market.

However, for those who want to be able to make lump sum and early repayments or split the loan with a fixed rate, it could be an option worth considering, especially if those who think they’re going to end up moving homes before the end of the loan term.

It’s always a good idea for borrowers to shop around to find a home loan that suits exactly what they need.

Click Loans Maxi Loan Options

The available options at different borrowing amounts for both owner-occupiers and investors can be researched further at the links below. 

  • Lump sum repayments.
  • Loan portability.
  • Penalty-free early repayments.
  • Moderate to moderately-high variable interest rates.
  • Moderately-high establishment fee.
  • No branches.

Must be able to provide proof of income.

Must be over 18 years of age.

Must meet serviceability criteria.

About Click Loans

Click Loans, a subsidiary of Australian Credit and Finance, is an online provider of home loans in Australia with a customer service team available around the clock via phone, live online chat or video calling and is backed by some of the largest financial and tech institutions in the country.

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