The Finance Algorithm
A-Auswide Bank

LINE OF CREDIT

A line of credit allows you to borrow against the equity in your home, with the flexibility to draw up toyour approved credit limit.

Home loansBank updated 28 July 2026
At a glance
Max LVR
90%
Annual fee
$395
Features
extra repayments
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
Bundle discount (variable)LVR <=90%Investment · Interest only8.53%FREEDOM PACKAGE
Bundle discount (variable)LVR <=80%Owner occupied · Interest only8.01%FREEDOM PACKAGE
§ 02 — Fees · 26
FeeTypeAmountWhenNotes
ATM_DIRECT_CHARGE_FEECash advanceVariesDirect charge fee is levied by the ATM owner. May be payable to the ATM owner when using your card to withdraw or check your balance at a non-Auswide Bank ATM network ATM.
CONDITIONS_SUBSEQUENT_COSTSCash advanceVariesCharges vary - Charged at Cost. May apply to reimburse us the costs associated with confirming compliance with any special conditions in your loan agreement, such as the charges from third parties to…
DOCUMENT_PREPARATION_COSTS_AND_THIRD_PARTY_COSTS_-_POST_SETTLEMENTCash advanceVariesUnacertainable - Are costs reasonably incurred by us in providing the service and include such costs as legal costs, document custodian charges, titles office fees, and electronic processing fees.
DOCUMENT_PREPARATION_COSTS_AND_THIRD_PARTY_COSTSCash advanceVariesCharged at Cost. May apply where we need to engage external solicitors to prepare the mortgage documents. Covers the cost of documentation preparation, Government charges etc.
EMERGENCY_CARD/EMERGENCY_CASH_DISBURSEMENT_FEECash advanceVariesUnascertainable - as quoted by Visa Global Customer Assistance Service.
LENDERS_MORTGAGE_INSURANCE_PREMIUMCash advanceVariesPremium varies according to the amount borrowed and the valuation of the secured property/s - an estimate will be provided after the security valuation is received
PROPERTY_INSPECTION_FEECash advanceVariesCharged at Cost. Covers the cost of us arranging independent inspection on a property under construction or renovation.
VALUATION_FEE_-_NEW_LOANS_&_LOAN_INCREASESCash advanceVariesInitial Valuation Fee included in Establishment Fee up to $300 (total per application). Initial Valuation Fee included in Package Fee up to $400 (total per application), subsequent Valuation Fees (eg…
VALUATION_FEE_-_POST_SETTLEMENTCash advanceVariesCharged at Cost. Payable to cover the cost of us arranging an independent valuation report (which we may do at any time acting reasonably).
BASIC_VARIATION_FEEEvent$150Plus third party costs if applicable. Payable when we process your request to change or restructure your repayment
COMPLEX_VARIATION_FEEEvent$300Plus any applicable break costs and third party costs if applicable. Payable when we process your request that varaies your product, security, interest rate or repayment type, unless switching to Pri…
DEFAULT_ADMINISTRATION_FEEEvent$40Charged per month, if you fail to make a payment by the due date
DISHONOUR_FEE_-_DIRECT_DEBIT_AND_EXTERNAL_PAYMENTEvent$15Charged per rejection. Payable when you've arranged a direct debit payment or external payment to an account at another financial institution but there are insufficient clear funds in your account
MORTGAGE_RELEASE_FEEEvent$400Plus third party costs if applicable. Payable per mortgage when we process your request to release a security from your loan, including a partial release. Third party costs may also be payable
PRINCIPAL_INCREASE_FEE_-_LINE_OF_CREDITEventNo feePayable when we process your request to increase the principal amount of your loan. Waived for Freedom Package loans
PROGRESS_PAYMENT_FEEEvent$450Payable on the first drawdown after settlement to cover the administration costs of progress payments for your construction or home renovation
SETTLEMENT_FEEEvent$100Payable when we process the settlement of your loan. Waived for Freedom Package loans
TELEGPRAPHIC_TRANSFER_FEEPayment$50$AU cuurency $50 per transfer OR foreign currency $30 per transfer. Payable each time you request an electronic transmission of funds to an account at an overseas bank.
ACCOUNT_SERVICE_FEE_-_LINE_OF_CREDITPeriodicNo feeEvery 1 moPayable for managing your account. Waived for Freedom Package loans
PACKAGE_FEE_-_FREEDOM_PACKAGEPeriodic$395Every 1 yrAnnual mortgage package fee entitles you to benefits such as discounts & fee waivers on your home loan or line of credit, transaction accounts, credit card etc. Shareholder of Auswide Bank
CURRENCY_CONVERSION_FEETransaction3.00% of transactionPayable when you use your card to pay for purchases or withdraw cash at overseas retail outlets or overseas ATM
RTGS_OUTWARD_PAYMENT_FEETransaction$20Payable each time you request a high value, time critical payment from your account to another financial institution on a real time basis for same day payment
RTGS_OUTWARD_PAYMENT_FEETransaction$20Payable each time you request a high value, time critical payment from your account to another financial institution on a real time basis for same day payment
ESTABLISHMENT_FEE_-_LINE_OF_CREDITUpfrontNo feeTo cover our costs associated with establishing your loan. Waived for Freedom Package loans
CHEQUE_WITHDRAWAL_USING_CHEQUE_BOOKWithdrawal$2Payable when you write a cheque and it is presented on your account
FOREIGN_ATM_WITHDRAWAL_FEEWithdrawal$5Plus 3% Currency Conversion Fee. Payable when you use your Visa Debit Card at any oversas ATM to withdraw from your account
§ 03 — Features
Extra repaymentsInstant paymentsPayIDDigital bankingUnlimited transactions
  • · Split loan
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Maximum age 75
  • · Available to individuals
  • · Amount $100,000 to $3,500,000
  • · Maximum LVR 90%

Published by Auswide Bank Ltd under the Consumer Data Right, last changed by them on 28 July 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.