Bridging Loan
Multi-award winning
A home loan to help you buy before you sell
Our bridging loan lets you buy a new home now while you wait to sell your old one, later. It’s that easy. When you sell your old property, the sale funds are used to pay down your bridging loan, after which the loan remaining will convert to a standard variable home loan.
Our bridging loan gives you the flexibility to buy now and sell later. Enjoy the benefit of owning your new home today and the breathing space to sell your old home in the future, on your terms.
Get started
Apply online today. Or, one of our friendly lending specialists can do the hard work for you and manage your paperwork over the phone.
Either way, we can settle your loan quickly so you can start saving thousands sooner.
Top reasons to choose this loan
3 months
interest free
Pay absolutely no interest during the first 3 months
6 months
no repayment
Make no repayments during the first 6 months
Flexible bridging
period
Choose between 6 or 12 month bridging loan period
Buy now,
sell later
Buy your new home now, sell your old one later
Sell at the
right time
Sell your current property at any time within the bridging period
Don’t rent between
homes
Live in your old property until your new home settles
Need to know more? Here's the whole offer
Rates
Principal & interest
Interest Rate:
-
Comparison Rate:
-
Max LVR:
-
Interest only
Interest Rate:
7.75% p.a.*
Comparison Rate:
6.54% p.a.*
Max LVR:
80%
Key Features
20% deposit minimum
6 or 12 months Bridging period
Fixed rate during the bridging period
No repayment required for the first 6 months
No monthly, ongoing, or settlement fees
Offset account available after bridging period.
Free redraw on any additional repayments after bridging period
Fees
Application fee
$0
Ongoing fees
$0
Security assessment fee
$230##
Government fees
At cost
Settlement fee
$0
Bridging Loan setup fee
2% of loan amount
P&I
Interest Rate:
Comp Rate:
Max LVR:
-
-
-
IO
Interest Rate:
Comp Rate:
Max LVR:
7.75% p.a.*
6.54% p.a.*
80%
20% deposit minimum
6 or 12 months Bridging period
Fixed rate during the bridging period
No repayment requiredfor the first 6 months
No monthly, ongoing, or settlement fees
Offset account available after bridging period.
Free redraw on any additional repayments after bridging period
Application fee
$0
Ongoing fees
$0
Security assessment fee
$230##
Government fees
At cost
Settlement fee
$0
Bridging Loan setup fee
2% of loan amount
Digital wallets
Add your card to your digital wallet to make contactless payments on your devices.
Pay in store using your iPhone, Apple Watch, iPad and Mac devices. Apple Pay is also the safer and faster way to pay on participating websites and in selected apps because you no longer have to create an account or fill out lengthy forms.
Pay online, in stores, and more using your Google devices, and manage your account wherever you want – on the web or in the app.
Home Loan Repayment Calculator
Use our home loan calculator to estimate what your monthly mortgage repayments could be. Whether you're refinancing or just wanting to understand how much you can afford, all you have to do is enter how the amount you would like to borrow, interest rate, home loan term, payment frequency, and repayment type (either principal & interest or interest-only).
Your estimated repayments are
Enjoy the stability of our fixed rate home loan.
Our home loan application process
Apply online
Simply fill out your application online by entering some of your details, or chat to one of our friendly lending specialists over the phone and they can complete your application for you.
Goodbye paperwork
After your application is complete, use our system we call onTrack on your desktop or device to add your documentation such as payslips and bank statements, and track the progress of your application.
Settle
Your loan will settle and you'll start saving with your new low rate, and get your keys to your new dream home!
Frequently asked questions
At loans.com.au, we help people into their dream homes and cars.
For the last 10 years, thousands of Aussies have trusted our experienced & locally based team with some of their biggest financial decisions - buying a home, a new car or refinancing to save on interest.
Our customers trust us to support them with low home loan and car loan rates, approved quickly through our easy-to-use online app.
loans.com.au is completely safe and financially backed by Firstmac, Australia’s 12th largest lender. Firstmac has been operating successfully for more than 40 years as Australia’s leading non-bank lender.
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