Home loans: new loans, balance transfers and top-ups
Explore a new home loan, a transfer of an existing home loan, or additional funds through a potential top-up. Consider household affordability together with property-related checks, loan terms and the complete borrowing cost.
Choose the decision you are making
New loan
A home purchase needs a budget beyond the advertised property price. Start with the cash you can contribute, the purchase-related expenses and a repayment plan that leaves room for normal household needs and uncertainty.
Balance transfer
A home loan balance transfer moves an existing home loan to another lender, subject to borrower and property assessment. Because repayment can span many years, even a small rate difference deserves a careful like-for-like cost comparison.
Top-up / additional funds
A home loan top-up may provide additional funds under a lender's terms, often linked to an existing home loan or transfer. It is a new financial commitment, and property-linked borrowing requires careful attention to security and repayment risk.
Start with your own repayment picture
A home loan decision involves both the borrower and the property. Income, existing commitments, credit history, property documents, valuation and lender policy can affect the outcome. An online EMI estimate does not establish property acceptability, a sanctioned amount or the final rate.
Prepare a useful enquiry
- Identity, address and income records requested by the lender
- Property ownership, agreement and other legal documents as applicable
- Existing sanction, outstanding and repayment records for a transfer
- Additional property or security records requested after legal and valuation review
Credswitch currently provides illustrative calculators and loan enquiry capture. It does not sanction or disburse loans, display live lender offers or run credit checks through this enquiry. Approval, product availability, rates and terms are decided by the lender after a separate assessment.