Change your home loan repayments online

Adjust your home loan repayments in Internet Banking, and see how a small increase now could save you a lot of time and money later^

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Discover how much you could save

You could save thousands of dollars in interest and pay off your home loan years faster by making a small increase to your repayments in Internet Banking. Just $10 extra a fortnight could shave almost a year and $13,000 in interest off a $300,000 loan^. You can make as many changes as you want to, whenever you want to, on most home loan types^.

But don’t just take our word for it

More than 13,000 customers have already changed their repayments online. Altogether, they’ve shaved over 65,000 years and $280 million in interest payments off their home loans. 

“I love the new mortgage feature online – so much more flexibility, and it’s great seeing how fast you can repay your loan.” − Jodie

How to change your repayments

1. Log in

Log in to Internet Banking and click on your home loan account. You’ll know if you can change your home loan payments if you see a ‘Change your regular payments’ button. Click this to continue.

2. Make a change

Change your payment amount. You’ll be able to see  the impact this change has on the interest you pay, length of your loan, and whether an early repayment charge (ERC) will apply.

3. Confirm

Click the ‘Change’ button to confirm your payment change. The change will take effect from your next scheduled payment. Simple!

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Finalist at the Best Design Awards 

The home loan repayment tool was a finalist at the 2017 Best Design Awards for its customer-empowering design.

Get started with Internet Banking

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Small Print

  1. Based on a loan amount of $300,000 on a 30-year term with an interest rate of 5.90% p.a. and fortnightly repayments of $818.30. These figures are calculated based on a $10 increase to the fortnightly repayments, repayments being made on time, and the current interest rate staying the same for the term of the loan (which in reality is likely to change over time). Time saved is rounded down to the nearest month. 

  2. Early repayment charges may apply.