skip to log on skip to main content
VoiceOver users please use the tab key when navigating expanded menus


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 and fees

The 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?



   What are LMI and LVR?

If you need to borrow more than 80% of the amount your property is valued at 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’. LMI protects the lender if you default on your loan. For some property types, LMI might be required when LVR is less than 80%. 

Contact us, we're here to help

Call a Home Loan Specialist

1800 100 641

Mon-Fri 8.00am to 8.00pm (AEST),
Sat-Sun 8.00am to 6.00pm (AEST)

Let us come to you

Locate a mobile lender

Fill out a quick form

Enquire online

Visit a branch

Locate us

All applications for credit are subject to ANZ’s credit assessment criteria. Terms and conditions are available on application. Fees and charges apply. 

Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you and read the Terms and Conditions, Product Disclosure Statement and Financial Services Guide before acquiring any product. 

You need Adobe Reader to view PDF files. You can download Adobe Reader free of charge.

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

Back to top

Converting or renegotiating - We charge a fee for when you renegotiate or convert your ANZ home or residential investment loan or ANZ Equity Manager. The amount of this fee will be as follows:

$200 - If there is no change to the borrowers, the term or amount of the loan or the security provided in connection with the loan, and the repayments are not changing to interest-only repayments.

$350 - If there is a change to the borrowers, the term or amount of the loan or the security provided in connection with the loan, or the repayments are changing to interest-only repayments.

Back to top

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 100 641, 8:00am to 8:00pm (AEST), Monday to Friday, 8:00am to 6:00pm (AEST) Saturdays and Sundays.

Back to top

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).

Back to top