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ANZ Supplementary Loan

Make use of your equity

Access the equity in your home or investment property for a variety of different purposes, including investments or buying a new car.

View rates & fees Enquire now



What is a supplementary loan?disclaimer

If you have a home loan with us and you’ve got equity in that property, you can apply to access it with a supplementary loan. Choose an eligible ANZ loan that suits your needs best, it doesn’t have to be the same as your existing one. Then you can use that money for a variety of different purposes according to your needs.

Your supplementary loan can be one of these:

Features and benefits

  • A supplementary loan is a separate account, and can be set up to suit your loan purpose (for example, to buy a car, make an investment or renovate your home)
  • All the features and benefits that come with the ANZ loan you choose as a supplementary loan

Rates, fees and other important numbersdisclaimer

Rates and fees
Loan term

Up to 10 years

(longer terms may be considered depending on loan purpose)

Minimum loan amount - ANZ Standard Variable


Minimum loan amount - ANZ Fixed


Minimum loan amount - ANZ Simplicity PLUS


Maximum loan amount

Subject to ANZ's credit assessment criteria

Loan Approval Fee


Rates and fees
Loan Administration Charge - ANZ Standard Variable

$5 per month

Loan Administration Charge - ANZ Fixed

$10 per month

Loan Administration Charge - ANZ Simplicity PLUS

$0 a month

Renegotiation Feedisclaimer

$200 or $350 depending on change requested

Early Repayment Costdisclaimer 

Yes, if you choose ANZ Fixed

Lenders Mortgage Insurance (LMI)disclaimer

If LVR is more than 80%

What is LVR?

If you're looking to borrow more than 80% of the value of the property you're looking to buy (as determined by ANZ), you may need to pay lenders mortgage insurance (LMI). Banks often call this percentage the ‘LVR’ , which stands for ‘loan to value ratio’. Even though you pay the premiums, lenders mortgage insurance protects the lender (ANZ, not you) if you default on your loan. For some property types, lenders mortgage insurance might be required when the LVR is less than 80%.

Learn more about ANZ lenders mortgage insurance with our Key Fact Sheet (PDF 370kB).

The information on this page does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you and read the relevant terms and conditionsProduct Disclosure Statement and the ANZ Financial Services Guide (PDF) before acquiring any product. 

Applications for credit subject to approval. Terms and conditions available on application. Fees and charges apply. Australian credit licence number 234527.

Terms and conditions apply including a maximum loan term of 10 years. Minimum loan amounts vary depending on loan type. Fees and charges apply.


Interest rates shown on this page are current as at  and are subject to change. For all applicable fees & charges please see the ANZ Personal Banking Account Fees and Charges (PDF 139kB)ANZ Personal Banking General Fees and Charges (PDF 155kB) and your letter of offer.


When we approve an application by you to renegotiate or convert your loan/facility, we may charge either a Renegotiation Fee or a further Loan Approval Fee / Facility Approval Fee. The Renegotiation Fee is $200, except in the cases below, where it is $350.

  • There is a change to the borrowers or guarantors, the term or amount of the loan/facility or the security provided for the loan/facility.
  • Repayments are changing to interest-only repayments, an interest only period is being extended or there is a change from interest in arrears to interest in advance or vice versa.
  • Two or more loans are being combined into a single loan.
  • A loan is converted to a facility or vice versa.
  • A Lenders Mortgage Insurance premium would become payable as a result of the change.

For ANZ Fixed Rate loans, you can make early or additional repayments up to a set available tolerance amount (the lesser of 5% of the loan amount at the start of the current fixed rate period or $5,000) each year of the fixed rate period, without triggering an Early Repayment Cost.  An Early Repayment Cost may be incurred if, during the fixed rate period, the available tolerance amount is exceeded, the loan is fully repaid or refinanced, or ANZ agrees to change the interest rate at your request. Please be aware that Early Repayment Costs can be very large. Terms and Conditions apply please refer to the ANZ Consumer Lending Terms and Conditions (PDF 296kB) and ANZ Fixed Rate Loans - What happens if you repay some or all of it early? (PDF 140kB). Alternatively please visit any ANZ branch or phone the Home Loan Hotline on 1800 035 500, 8:00am to 8:00pm (AEST), Monday to Friday.


Lenders Mortgage Insurance (LMI) is paid by the borrower and protects ANZ in the event that the borrower defaults and a shortfall arises following the sale of the security property. ANZ usually requires LMI where the Loan to Value Ratio (LVR) is above 80% (depending on the type of property).