Bridging Home Loan

Apart from buying an existing property, bridging loans are also an option if you want to stay in your current property while you build a new property. It saves you the hassle of selling your property and renting somewhere short-term, not to mention having to pay for the costs of moving twice.
Category: Home Loans  Last Updated May 15, 2026  Effective June 3, 2026

 General Lending Rates

Rates listed below are for a VARIABLE Owner Occupied Interest Only product. Additional Information After 3 months, the rates increases by 1% for the remainder Bridging loan term.
Interest Rate
9.32% PA
Comparison Rate
9.14%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
  LVR above 70%
Minimum: 70.01 PERCENT Maximum: 80 PERCENT
  First Three Months
  • Lending Rate Type: Variable
  • Interest Rate: 9.42%, Comparison Rate 9.24%
  • Repayment Type: Interest Only
  • Loan Purpose: Owner Occupied

 Product Features

  • Other Additional Information: Bridging Loan is a short term loan (usually up to 12 months) that is closed when your existing property is sold. The size of the bridging loan is calculated on the available equity in your current home.There are two types of bridging loans - Closed bridging loans which is used if you already have a Contract of Sale on your current property and know the date when your home will be sold and the funds received. You'll pay down the loan plus any accrued interest and fees on this date. The other type of bridging loan is Open bridging loans which is used if your current home hasn't been sold yet. An open bridging loan can be arranged for up to 12 months.
  • Other Additional Information: This loan helps you to proceed with confidence when you've found a new home but haven't started the process of getting your current home ready for sale
  • Other Additional Information: Avoiding the hassle of having to rent, so you can skip the stress of having to sell your current home, move into a rental property and then move again once you've found a new home
  • Other Additional Information: Having the option of making payments only on your current loan (you'll need to pay interest on your bridging loan when you sell your existing home and the bridging loan is closed)
  • Other Additional Information: Having the option to make payments during the bridging period to reduce the amount of interest payable.
  • Other Additional Information: Adding upfront costs such as stamp duty and legal fees to your bridging loan if the property value and equity is sufficient.
  • Other Additional Information: Statements of account : We will send you a statement of your loan account at least every six months or more frequently if you request
  • Other Additional Information: Construction available for the End Debt Only.
  • Other Additional Information: This loan can be part of a combination loan
  • Other Additional Information: The product provides options which includes progressive drawdown, repayment holiday, loan increase (top up)
  • Extra Repayments Additional Information: The product includes extra repayment features.
  • Fraud Protection Additional Information: The product includes fraud protection features.
  • Guarantor Additional Information: Subject to terms and conditions, this product includes guarantor features.
  • Relationship Management Additional Information: Relationship management is available for eligible customers.
  • Other Additional Information: Maximum repayment term 12 months

 Product Eligibility

  • Other Additional Information: Applicants can be Individuals or Discretionary or Family Trust ( Individual Trustee only). It is not available to Non-residents, Partnerships, SMSF, Unit trusts (non-individual / non-natural trustees), Companies, discretionary or Family trusts (non-individual trustees).
  • Residency Status - Those With An Australian Permanent Residency And Who Are Currently In Australia.
  • Other Additional Information: Available for existing home loan customers only.

 Bank Fees and Charges

  • Lending Establishment Fee (Upfront), Amount: 600.00.
  • Bank Cheque Issuance Fee (Event), Amount: 10.00. Additional Information: $10 per cheque (1st cheque is free)
  • Monthly Loan Account Fee (Periodic), Amount: 8.00.
  • Missed Payment Fee (Event), Amount: 15.00.
  • Document Processing Fee (Event), Amount: 100.00.
  • Account Overdrawn Fee (Event), Amount: 15.00.
  • Loan Discharge Fee (Event), Amount: 350.00.
  • Property Valuer Fee (Variable), Amount: Not Listed..

 Limitations & Restrictions (Constraints)

  • Min Lvr of 0.00
  • Max Lvr of 0.80
  • Min Limit of 10000.00 Additional Information: The minimum amount financed is $10,000