Topping up your home loan.

Need extra funds for things like renovating, buying a car or consolidating debt? You may be able to borrow more against your existing home loan with a top-up. 

A top-up increases your current home loan amount, allowing you to access additional funds without applying for a separate loan. All top-up requests are subject to our lending criteria and approval process.

Top-up eligibility

To be eligible for a top-up: 

• The minimum top-up amount is $20,000 

• Your total loan balance after the top-up must not exceed 80% of your property's value 

• You must not have had more than one top-up within the last 12-month period. This includes any cash out in the original home loan application 

• Your loan repayments must be up to date 

All applications are subject to our lending assessment and approval. 

When a top-up may not be available

A top-up is not available in some circumstances, including where your loan: 

• Has a fixed interest rate 

• Is a StandardME Home Loan 

• Has more than two borrowers or has a guarantor 

If a top-up isn't available for your loan, there may be other ways we can help with your lending needs. Get in touch with our Home Loan Specialists on 13 15 63 to discuss your options.

What you can’t use a top-up for 

Top-up funds can’t be used for: 

• Business purposes or business expenses 

• Paying a tax debt or tax bill 

Fees and charges 

EconoME Home Loan: A $150 top-up fee applies to approved top-ups on an EconoME Home Loan. This fee will be deducted from the top-up amount when the funds are paid. 

CompleteME Home Loan: There is no top-up fee for approved top-ups on a CompleteME Home Loan. 

Other fees may apply depending on your circumstances. For example, a property valuation may be required and valuation fees may apply. For more information, refer to our fees and charges guide. 

How to apply 

To apply for a top-up, contact our Home Loan Specialists on 13 15 63, selecting Option 1 “Home loan enquiries” then Option 1 “Apply for a New Home Loan”. 

If you originally applied for your home loan through a broker, you can also contact your broker for assistance with your top-up application.