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Home loan rate option

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Comparison rate p.a.*
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*Comparison rate information

Example & terms

Daily example: $600,000 · 80% LVR · Owner-occupied · Variable · P&I · Purchase

30-year loan. These are daily market examples, not a personal quote or a whole-market ranking. Changing the calculator does not change these rates.

Subject to lender criteria, fees and conditions. Rates can change. Some products may be outside our broker panel or available only directly.

Your request goes to Rate Challenge. We’ll confirm available options and suitability; requesting a rate is not an application or approval.

Feed checked 21 Oct 2026. This is the dataset check date, not a separate verification date for each product.

Buying your next home

Buying your next home, made simpler.

Plan your sale, use your equity and compare home loans for your next move. We’ll help you bring the finance and settlement together.

Find a home loan that fits your plans.

Talk to a broker
35+ lendersEquity • sale • settlement

General information only. All lending is subject to assessment and lender criteria.

Current homevalue, debt and sale status
Next homeprice, property and purpose
Cashequity, duty and retained buffer
Timingapproval, discharge and settlement
START WITH THE ORDER OF THE MOVE

Choose the right path for your move.

Selling first, buying first or keeping your current property? Each route changes how the deposit, loan and settlement fit together.

Sell before buying

The sale completes first, so the debt payout and available contribution are clearer. The trade-off may be temporary accommodation and less certainty about the next purchase price.

Buy before selling

A bridging or peak-debt structure may be needed. Lender fit depends on both properties, sale status, valuations, carry cost and a credible exit—not equity alone.

Link the settlements

The sale and purchase settle together or close together. Deposit funding, discharge documents, sale surplus and a contingency for delay must be coordinated.

Keep the current home

The existing property and debt are reassessed as part of an investment position. Rent, loan purpose, security structure and future flexibility all become relevant.

Refinance or release equity first

Equity may help fund the deposit and costs, but valuation, purpose evidence, serviceability and the impact on the later purchase application need to be checked together.

Downsize and reduce debt

The best result may preserve cash and lower the ongoing loan rather than contributing every dollar of equity. Duty, moving costs and the post-settlement buffer still matter.

ONE MOVE, TWO PROPERTY TRANSACTIONS

Start with your current home.

An online value estimate is not the same as usable equity. The mortgage payout, selling costs, lender valuation and the cash you choose to retain all change what can actually be contributed to the next purchase.

The new property then adds transfer duty, conveyancing, inspections, insurance, moving costs and any immediate works. A plan that uses every available dollar can leave the household exposed when the valuation, sale price or settlement date moves.

Rate Challenge compares the sale-first, linked-settlement, bridging and retain-as-investment paths, then matches the preferred sequence to lender policy, current pricing and the time available to obtain approval.

Before making an offer

Know the deposit source, finance-clause dates, expected sale proceeds, cash buffer and whether the lender needs one or both properties valued. The broker and conveyancer should be working from the same settlement plan.

Couple entering their new home after buying their next property in Australia
Buying the next home often means coordinating the current mortgage, sale proceeds, deposit and two settlement timelines.
POST-SALE MOVE SNAPSHOT

Estimate your next home loan.

Estimate the loan and repayments after your current home sells. Includes sale proceeds, purchase costs and cash you want to keep.

Loads when you calculate
Need a bridging model?

Use conservative sale and cost assumptions. The snapshot does not model peak debt, bridging interest, LMI, serviceability, valuation shortfall, contract adjustments or personal concession eligibility.

Enter the expected sale, debt, cash and purchase details to see the broad post-sale position.
The tool estimates ordinary stamp duty with no concession or foreign purchaser surcharge assumed, and checks current owner-occupied purchase rates. If the required duty or rate data is unavailable, no result is shown. Special concessions, exemptions, surcharges and personal eligibility may require facts not collected here and should be confirmed with the relevant authority or conveyancer.
Compare your options

Find a rate for your next home.

Explore current purchase rates by loan amount and LVR, then ask us to review the options for your move.

Compare current rates
WHAT WE COMPARE

What we check before you commit.

We compare lender policy, property fit and settlement timing alongside the rate and loan features.

Usable equity and contribution

Current value is reduced by the mortgage payout, selling costs and any cash you retain. We test whether the remaining contribution covers the deposit, duty and purchase costs.

Borrowing position through the transition

Income, living expenses, dependants, current loans, credit limits and any temporary double debt are assessed under the lender’s own model.

Sale assumptions and exit

An unlisted home, a property under offer and an unconditional sale contract do not create the same certainty. The expected sale result needs a credible buffer.

Property and valuation fit

The current and next properties may need valuations. Apartments, acreage, unusual titles, regional markets and unapproved works can change lender fit or maximum LVR.

Loan structure and future flexibility

Offset, loan splits, fixed or variable exposure, security separation and the treatment of the old loan matter if you retain the property or plan another move later.

Approval and settlement execution

Turnaround, valuation access, discharge documents, deposit timing, finance dates and conveyancer instructions are compared alongside price and features.

Buying before you sell?

The post-sale snapshot above does not calculate peak debt, overlap interest or end debt. Use the specialist bridging service and calculator before relying on a buy-first plan.

WHAT TO HAVE READY

What to bring to the first conversation.

Estimates are enough to start. Bring what you know about the property, loans, cash and timing.

Current home

  • Recent loan balance and rate type
  • Expected value or sale price
  • Sale status and likely settlement
  • Selling, discharge and fixed-rate costs

Next purchase

  • Target price and property type
  • Offer, auction or deposit deadline
  • Expected duty and purchase costs
  • Any immediate renovation or build plan

Household and timing

  • Current income and liabilities
  • Credit limits and dependants
  • Cash you want to retain
  • Known employment or income changes
THE RATE CHALLENGE PROCESS

From your first numbers to settlement.

A clear sequence helps keep the finance ready for your property deadlines.

1

Map the current position

Confirm the home value, mortgage payout, sale status, savings, retained cash and the target next purchase.

2

Choose the move sequence

Compare sell-first, linked settlement, bridging, equity-first and retain-as-investment paths using conservative assumptions.

3

Compare lender policy and structure

Check serviceability, property fit, valuation, LVR, rate, features, security structure and turnaround.

4

Prepare a usable approval

Package the income, liabilities, current property, deposit source and proposed purchase before contract dates become urgent.

5

Coordinate the settlements

Manage valuation, discharge, approval conditions, loan documents, deposit funding and conveyancer instructions through to completion.

David Warburton, Mortgage Broker at Rate Challenge
YOUR BROKER

Meet your broker, David Warburton.

David Warburton combines banking experience with mortgage broking and a 35+ lender panel. The aim is to explain the sale and purchase trade-offs, match the move to workable policy and keep the application, valuation, discharge and settlement moving together.

FBAA memberCredit Representative 567366Australia-wide by phone/videoMelbourne & Ballarat offices
NEXT-HOME FAQs

Your next-home questions, answered.

Should I sell before buying my next home?

There is no single answer. Selling first usually provides more certainty about debt and sale proceeds, while buying first may protect the preferred purchase but adds peak-debt, valuation, interest and timing risk. We compare both paths using conservative assumptions.

Can expected sale proceeds be used for the deposit?

Potentially, but the deposit may be due before the sale settles. Depending on the timing, the plan may involve available cash, equity release, a bridging structure, a deposit bond or negotiated contract terms. Legal and lender acceptance must be confirmed.

Can I keep my current home as an investment?

Potentially. The existing debt, expected rent, expenses and total borrowing position are reassessed. Loan-purpose and tax consequences should be discussed with an accountant before redrawing funds or changing how the property is used.

Does pre-approval guarantee the next property purchase?

No. Pre-approval remains conditional and does not guarantee the property, valuation, unchanged income and debts, final lender policy or settlement timing. The specific property and current circumstances still need to be assessed.

Can government grants or concessions help an existing owner?

Most first-home programs have property-ownership tests, so current owners should not assume they qualify. Some state owner-occupier, pensioner or off-the-plan duty concessions may still apply. This page does not confirm personal eligibility; check the current rules with the relevant authority or conveyancer.

Do you charge a broker fee for a next-home loan?

There is generally no broker fee on standard residential home loans because the lender pays the broker after settlement. Any customer-paid fee for an unusual or specialist scenario would be disclosed before work proceeds.

Ready to plan your next move?

Tell us the value, debt, sale status, target purchase, available cash and timing. We will explain the realistic finance paths before the property contract controls the decision.

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