The Aussie Optimizer Line of Credit Home Loan is the way to unlock equity in your home to expand your investment portfolio or enhance your lifestyle, with unlimited free transactions, up to 15 years interest only, and ready access to your funds.

Principal & Interest Interest Rates

Owner Occupier P&I Variable Rate from -  [rates|OO-Aussie-Optimizer-Line-of-Credit-under-750k-LVR<=80-P&I] % p.a. rate|OO-Aussie-Optimizer-Line-of-Credit-under-750k-LVR<=80-P&I * 
Comparison Rate - N/A

Investment P&I Variable Rate from -  [rates|INV-Aussie-Optimizer-Line-of-Credit-under-750k-LVR<=80-P&I] % p.a. rate|INV-Aussie-Optimizer-Line-of-Credit-under-750k-LVR<=80-P&I * 
Comparison Rate - N/A

Loan Size

Minimum - $100,000
Maximum - $5,000,000, dependent on LVR

Maximum LVR for other rates


Loan Term

Up to 30 yrs

Loan Repayments

Principal & Interest or Interest Only
Interest Only: up to 10 years (with reassessment after 5 years)
Interest rates vary between Principal & Interest and Interest
Only loans. For a full schedule of applicable rates click here

Payment Frequency

Fortnightly or Monthly

Paid By

Direct Debit or Direct Salary Crediting

Additional Payments

Yes, any time free of charge


Internet, Phone, BPAY, ATM, EFTPOS and Australia Post deposits


Application Fee


Loan Settlement Fee


Valuation Fee

Free for 1st valuation up to $300.

Solicitors Fee

Advised by solicitor

Ongoing Fee

$198 per annum


No fees to withdraw via internet or telephone access.
Automatic redraw min. $100 via website once access set up.

Split Loan

Yes at no extra cost
Pre settlement up to 2 splits Maximum 10 splits available

Convert to fix

Yes at no extra cost, This loan type cannot be 100% fixed



Discharge Fee



you can apply for an increase to the principal 6 months after settlement. All loan variations are subject to approval.
$300 variation fee

More Info

What you get with this home loan

The flexibility of a transaction account built into your home loan, and a number of features.

With the Aussie Optimizer Line of Credit Loan you can:

  • Draw money from your loan whenever you need, with no transaction fees.
  • Access your home loan free through the Aussie website or request a cash card and cheque book.
  • Split the loan – no fee to split your loan and fix the sub accounts after settlement.
  • Choose to pay interest only for up to 15 years, before the loan switches to principal and interest repayments.
  • Choose between fortnightly & monthly payments.
  • Access our BPAY functionality.
  • Capitalise interest and make no repayments, up to your credit limit.

You'll also get online access to view all transactions associated to your loan, and monthly statements.

This loan is portable, but if you choose to switch the property acting as security there is a $300 fee.

What you need to know about this loan

  • It's only for residential properties.
  • The maximum loan term is 30 years.
  • No transaction fees.
  • It's free to split the loan after settlement.
  • An annual fee of $198 is payable.

Amount you can borrow

We assess the maximum amount that can be borrowed on a case by case basis. We generally consider a few things such as the size of your deposit and the Loan to Value Ratio (LVR). The LVR is the percentage of the property's value you wish to borrow.

How to make this loan work best for you

Get your salary paid into your loan account and redraw the funds you need. Remember, redraws are free if you request them online. This way you can reduce the amount of interest you need to pay and save money.

For a full schedule of applicable rates for these products, click here.

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Ready to Apply?

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