How to buy a home and become an investor (on a $40k salary)
Many Australians think they can't invest in property because of their income bracket. We're here to show you some ways that many people get ahead.
Interest rate structure
$100k - $1.3mCalculate how much you can borrow
Principal & interest
Loan term range
0 - 30 years
Unlimited extra repayments
Allows split interest
Investors, Self-Managed Super Funds
Estimated upfront fees
Minimum SMSF Amount
Loans for Commercial properties also available
Application fee is from 1.25% of the loan amount
A construction loan is loan taken out for the purpose of building or substantially renovating a residential property. Under this type of loan, the funds are released in stages when certain milestones in the construction process are reached. Once the building is complete, the loan will revert to a standard principal and interest mortgage.