Construction Loan

If you're planning to build a house, a Construction Loan can give you the flexibility you need to help you keep control of your finances while you build.

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Your loan repayments are calculated so you only pay interest on the portion of the loan you have withdrawn. This frees up your funds for any other costs you may have.

To apply for a loan or learn more, speak with your nearest Home Loan Adviser, have a chat with us on
13 11 82 or visit any branch.

More Information

Features & benefits:

  • Withdraw your funds gradually as you need them over a period of 12 months.
  • Make interest only repayments or add the interest to your loan balance for up to 12 months giving you extra cash while you need it.
  • Choose from a variable or fixed rate.
  • Going green? You might be eligible for a discount of up to 0.7%p.a.1 below the standard variable rate for the term of the loan, if the home you're building has a high energy rating or other environmental saving features.
  • Fast approval to get you into your new home sooner.

Other options:

  • Want the best of both worlds? Combine your loan so part of it is fixed and part of it is variable.
  • First home buyers can set up a family guarantee or may qualify to take the loan over a 40 year term if required.

View our interest rates.

View our fees, charges and disclosure documents.

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