Equity manager - Home loans

Equity manager

ANZ Equity Manager is a line of credit account secured by a first registered mortgage over your residential property. This account allows you to turn the equity in your property into a ready source of funds up to an agreed limit. You can use these funds for any personal purpose and any principal repaid is available to be redrawn.

The table below outlines the main features of our equity manager.

Equity manager at a glance

Interest rate (% p.a.)

6.21% p.a.

Access to funds

ATM, Cheque, ANZ Branch, ANZ Phone Banking, ANZ Internet Banking, Direct Debit, Periodical Payment, Direct Loan Payment, EFTPOS, BPAY^®

Repayment frequency

No set schedule

No early repayment cost

Loan approval fee (LAF)

$600

Loan administration charge

$150 per year credit facility fee

Additional withdrawal fee

20 free withdrawals per month (max 5 staff assisted)

Minimum amount

$20,000

100% mortgage offset

Not available (same benefit is received by depositing and withdrawing from account)

Interest only payments

Ways to apply for a home loan

Telephone icon Call us direct on 1800 100 641

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