Home Equity Loans Comparison
Personal Loans
Home Equity Loans are when you use your house as a guarantee on a loan you take out with a bank or financial institution.
You can borrow money from all of Australia's financial institutions using your home as a guarantee in order to borrow money.
What this means is if you are unable to make repayments, the bank then has the right to sell your home to recoup the money you borrowed.
If you have paid your house off or have paid a substantial portion of it off, then the banks and building society's are keen to do business with your home resulting in your home equity loans application being considered a low risk.
Our Tools section provides a comprehensive list of the home equity loans products available with online calculators to work out the savings associated with the different rates.
Be rewarded for reducing your balance
Low balance transfer of 5.99% pa for 5 months
You don't need be an Aussie customer
Calculate what is best for your financial situation with the Banks.com.au Online Calculators.
