Terms, Conditions & Eligibility Criteria apply for the Switzer Pivot Home Loan (PHL). The PHL loan facility may not be suitable for, or available to all clients. Home Loan loyalty discounts are only available to applicants with both a Home and an Investment Loan with the discounted Home Loan Rate of 1.90% p.a. only available to applicants that meet specific criteria. Indicative interest rates for both the Home Loan and the Investment Loan can be found by using the Pivot Calculator below.
Calculate your loan rate
*The rates quoted are indicative only at today’s date and are subject to change. All rates and costs are conditional on a full loan application and assessment
Repay your home loan sooner
Each Switzer Pivot Home Loan is specifically tailored to the circumstances of the borrower to ensure they have the capacity to repay their home loan as quickly as possible.
Your loans are reviewed annually
To make sure you are using the full features and realising the potential benefits of your facility, your account is reviewed annually by the Switzer Home Loans lending team.
Tax efficient options
We understand the importance of after tax investment returns, so our pivot home loan provides different interest rate structures to suit your situation and is covered by a specific tax ruling from the ATO under ruling PR2017/13.
Offset Accounts Included
Free multiple offset accounts are available with the loans to ensure you are making the most of your income and savings.
Your own lending service manager
Our lending service managers have a minimum of 10 years banking and lending experience. As a Switzer client, you will have direct access to your own lending service manager.
Online and phone access
Access you loan via our website, or call your lending service manager.
|Variable Rate||Comparison Rate|
|1.9% p.a.*||1.9% p.a.*|
|Home Loan Application fee||Nil|
|Investment Loan Application fee||$1,500|
|Home Loan Annual Facility fee||Nil|
|Investment Loan Annual Facility Fee||$395|
|Maximum Loan Amount||$1,250,000|
|Maximum Facility Amount||$2,000,000|
|Term||Up to 30 years|
|Maximum Loan to Value Ratio||80%|
|Permitted Purpose||Purchase or refinance residential property or refinance investment loans|
|Interest Only Option||Yes – 1 to 5 years – Investment Portion|
|Interest in Advance Option||No|
|Fixed Interest Option||Not applicable|
|Split Loan Portions Available||Yes – Up to 4 separate splits|
|Redraw Available||Yes (free via website)|
|Payment Options||Salary Credit, Direct Debit, Direct Credit or B-Pay|
|Direct crediting for rent purposes||Yes|