20% Deposit

Repay the 20% Deposit Loan within five years and you:

• Pay zero interest and fees on the Deposit Loan
• Keep 100% of your home’s capital growth

Before the 5-year mark, we’ll try to help you refinance using any capital growth generated or savings you’ve built up to cover the 20% Deposit Loan. No extra fees, no panic.

What happens if you don’t pay back the Deposit Loan in 5 Years?

We get it, life happens. If you haven’t fully repaid your 20% Deposit Loan by the 5-year mark, here’s how it works:

1. Your remaining Deposit Loan rolls into an Extension Period.

Any remaining balance will automatically shift into a new loan term, we call this the Extension Period. No need to reapply or renegotiate, it just kicks in.

2. There’s an extension fee

When the Extension Period starts, an extension fee becomes payable. It’s a simple formula:

Outstanding Deposit Loan Amount × (RBA Cash Rate + 2%) × 5 years.

This fee is due on the first business day after your initial 5-year term ends.

3. From there, interest starts ticking

During the Extension Period (which can last up to 20 years, unless you pay it off sooner), you’ll pay interest on the remaining loan balance at: RBA Cash Rate + 2% per annum.

It’s calculated daily, and you’ll pay it quarterly.

But remember, you can repay at any time, so you’re always in control.

Most buyers pay out the 20% Deposit Loan sooner with a refinance and we’re here to guide you through it. Less time = less cost = more freedom.

Pay it down in chunks, refinance at five, or take your time — the key thing? You’re in control. And from day one, it’s your name on the title.