Skip to Main Content
Buying before selling? What about a Bridging Loan.

Buying before selling? What about a Bridging Loan.

Bridging Loan 7.49 %^ p.a.
Comparison rate 7.53 %* p.a.

Bridging loan

A Bridging Loan covers the period of time between buying a new home and selling your existing property. It provides a financial buffer so that you don’t have to rush the settlement of your current home or rent somewhere until you find a new one.

Our maximum Bridging Loan term of 12 months will give you the flexibility to sell your old property while living in your new home. With our competitive fixed rate, you can relax and enjoy the certainty of knowing your rate won’t increase during the Bridging Loan period.

Calculators Interest rates

Flexibility

No repayments during the 12 month Bridging Loan period.

Fixed rate

Certainty that your rate won’t change during the term of your Bridging Loan.

Convenience

Avoid the costs of renting by not having to sell your existing home first.

Additional repayments

You may also redraw available funds if you need them.

Information and features

Important things to consider

If your existing property sells for less than you expect, you could be left with a higher remaining loan balance.
The longer it takes to sell your existing property will mean the more interest you may pay on your Bridging Loan.
Bridging Loans are for a maximum 12 month period, failure to sell your loan in this time could see us step in to assist with selling the property.^

Download our Bridging Loan guide for further information or see all interest rates.

Maximum loan term 12 months
Redraw facility Yes
Repayment options Interest only (deferred for 12 months)
Split loan No
Interest offset account No
Rates are effective as at 9am Monday 22/06/2026 and are subject to change without prior notice.
Bridging Loan^ Interest rate Comparison rate**
1 Year Fixed 7.49% p.a. 7.53% p.a.
Annual fee Nil
Establishment fee $595
Monthly fee Nil

Mortgage fees and charges - PDF 113kb

Buying costs calculator

All calculators
Local lender Newcastle

Home loans with a personal touch

Tap into the resource of your local lender. Get expert advice based on your unique circumstances while securing a great rate at an award-winning bank.

Your friendly lender is available in person or over the phone. Make your appointment today.

Find a local lender

Save up to 10%

Save up to 10% discount on your first year's premium when you quote and buy a new policy online.~~@&

~~@& Terms and conditions apply.

Get a quote

When we win, you win.

Winner - Customer-Owned Bank of the Year — Home Loan Refinance

Canstar | 2025

 

Winner - Exceptional Value Home Lender

Mozo | 2025

 

Mozo People's Choice 2025 - Most Recommended

Winner - Most Recommended

Mozo | 2025

 

Bank of the Year - Customer Service

Money magazine | 2025

 

Visit the trophy room

 

Next step:

No matter where you are in your journey, we're here and ready to help!

Apply online

Complete an online home loan application in under 15 minutes.

Apply now

Lender enquiry

Get in contact with a home loan specialist for assistance on your journey.

Speak to a lender

Locate a lender

Tap into the resource of your expert local lender for a personal touch.

Find a local lender

Fees and charges apply. Applications are subject to credit approval. Loan Terms and Conditions are provided with loan offers and available here. 


^Bridging loan The maximum term for a Bridging Loan is 12 months. If you can’t sell your current property within 12 months of funding the Bridging Loan we may treat this as default of the loan terms and take action to ensure the sale of the property. You may be required to pay a 2% higher rate until the default is resolved.


*The Comparison Rate is calculated on a loan amount of $150,000 for a term of 25 years based on monthly repayments. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.


~~ Save up to 10%: 
[Home] When you both quote and buy a new home insurance policy online a discount of up to 10% is applied to your first year’s premium. This discount is not applied upon renewal. Minimum premiums may apply.
[Landlord] When you both quote and buy a new Landlord insurance policy online a premium discount of up to 10% is applied to your first year’s premium. This discount is not applied upon renewal. Minimum premiums may apply.
[Motor] The online discount applies when you quote and buy a new Comprehensive Motor Insurance policy online only. Any online discounts offered are applied to Allianz’s standard rates, excluding optional covers, and are for the first year’s premium only, unless otherwise stated. Promotional or other discounts may apply from time to time for customers who apply for insurance using other methods.

@ To access your Premium Plus Package insurance discount please visit us at your local branch or alternatively call us on 13 19 87. This discount is not available online.

& Minimum Premiums: Where discounts are applied, your premium is subject to rounding. If more than one discount applies, they’re applied in a predetermined order, so the later discounts apply to the amount already reduced by the earlier discounts instead of the total amount. Discounts do not apply to government taxes and charges. Most discounts won’t apply below the minimum amount payable for the policy.

The Canstar 2025 Home Loan Refinance Award was received in November, 2025 for the Customer-Owned Bank of the Year - Home Loan Refinance.

Find more information on the Mozo Experts Choice Awards 2025 and Mozo People's Choice Awards 2024 and 2025 awards research methodology at Mozo.