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Our bridging home loan will help you get into your new home even before your existing home sells and settles.

Interest rate
4.41% p.a.
Comparison Rate
4.45% p.a.*

effective 22 October 2019

More rates and fees
Variable Rates
Total Lending Interest Rate Comparison Rate
Standard 4.41% p.a. 4.45% p.a.*
Fees and Charges
Establishment fee - new mortgage $595
Establishment fee - existing mortgage $295
Discharge fee $250

The bank with clean money is
the bank Australia needs

 

What does your bank invest in?

 If the answer includes fossil fuels, weapons, tobacco or gambling, it's likely that the interest you are paying on your home loan is supporting these industries.

Divestment makes a difference

If more people move their banking and home loans to banks that don’t fund harmful industries such as the fossil fuel industry, we’ll be able to create a safe and sustainable climate future for our local communities, Australia and the rest of the world. 

You can help make a positive difference

By moving your banking to Bank Australia, you are ensuring your money isn’t supporting the fossil fuel industry or industries that harm people and the planet. 

Why choose our Bridging loan?

Currently only available to new customers for investment purposes.

Available for purchase or construction prior to sale of existing property.

12 month term. 

Ability to make additional lump sum payments and extra repayments welcome. 

Applying online is easy. 

Here's how...

What we'll need from you 

Along with your application, we'll need information about your financial details including income, expenses, what you own and what you owe.

If you are not an existing customer, we can verify your identity online using the following ID's:

  • Australian Drivers Licence 
  • Australian Passport 
  • Australian Medicare card
Assessment

We take responsible lending seriously, meaning that we are very careful in making sure you have the capacity to repay a loan. Our Loan Application Guide is designed to provide clarity on our loan application process.  

Approval

We make our loan application process easier by issuing and managing documents online. When you're approved, a member of our lending team will send through the contract ready for you to review. 

A truly responsible bank can make society better

We use the money our customers deposit to make loans to people, community organisations and businesses that create positive change. When you bank with Bank Australia, you can be confident your money is working towards a positive and more sustainable future. 

That’s why we’re the bank with clean money.

The Fine Print

* Comparison Rate. The Comparison Rate is based on a loan of $150,000 for 25 years. Fees and charges may be applicable.

IMPORTANT: The Comparison Rate applies only to the example given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees, early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.

  1. Terms and conditions, fees and charges apply. Loans subject to normal lending criteria and approval. Rates apply to new applications received from 22/10/2019 however are subject to change at anytime.