Household Capital home loans

Household Capital has home loan rates starting from 4.95%.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Household Capital is a lender that specialises in retirement finance for older people. Check out the full table of Household Capital products below or read more about the lender.

Compare Household Capital loans for May 2022

1 - 2 of 2
$
years
Name Product Interest Rate (p.a.) Comp. Rate p.a. Fees Monthly Payment

Household Capital Reverse Mortgage Variable Home Loan P&IHome≥ 50% Deposit

Household Capital Reverse Mortgage Variable Home Loan
4.95%
4.98%
  • App: $950
  • Ongoing: $0 p.a.
$802
A competitive reverse mortgage for borrowers aged 60 and over. Flexible repayment options.

Household Capital Refinance Variable Home Loan P&IHome≥ 50% Deposit

Household Capital Refinance Variable Home Loan
4.95%
4.98%
  • App: $950
  • Ongoing: $0 p.a.
$802
Borrowers over 60 can refinance to this competitive, variable reverse mortgage.
loading

Compare up to 4 providers

Household Capital key facts

  • Household Capital does not offer ordinary mortgages or financial products for homebuyers. It serves the seniors' finance market with reverse mortgage products.
  • The company works with retirees to improve their retirement lifestyle by supplementing retirement income and providing access to capital.
  • Its office is located in East Melbourne, Victoria.

Review by our senior home loans writer Richard Whitten.

Household Capital loan features

Here are the key features and details you need to know about Household Capital's mortgage products.

FeatureDetails
Borrowing amountThe amount of home equity you can borrow depends on your age and the value of your home. Generally, the older you are the more you can borrow.
Borrower ageYou need to be at least 60 to get a reverse mortgage with Household Capital.
Repayment optionsYou can repay a Household Capital reverse mortgage when you or your estate sell your property. You also have the opportunity to repay the loan in instalments earlier than this.

How do I apply for a Household Capital mortgage?

If you'd like to get a reverse mortgage from Household Capital, please hit the green button above and leave your details. A specialist from the company will get in touch and discuss your options with you.

Eligibility

When applying for a reverse mortgage, you will need to own your own home and be at least 60 years of age.

Documents required

When you apply for a reverse mortgage with Household Capital, you are required to provide certain information so make sure you have all your documents ready before you apply. You will be expected to provide the following documents:

  • Identification documents. You will need identification such as a driver's licence, a passport or a birth certificate.
  • Property information. You will need information about the property you own. Household Capital may need to conduct a valuation on your property.
  • Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

More lenders to compare

Check out Finder's main home loans guide if you want to compare more home loans from a range of lenders. Or you could try one of the following lenders:

  • ING. This online bank is part of the global, Dutch-based financial group of the same name.
  • Commonwealth Bank. The nation's largest bank has a large selection of home loans and a convenient banking app.
  • UBank. This online bank is actually owned by NAB.
  • Athena. This digital fintech lender offers low-rate mortgages and an entirely online, convenient service.
  • Tic:Toc. This lender's online application tool can process your mortgage application fast. Backed by the Bendigo and Adelaide Bank.
  • Bank of Queensland. Outside of the Big Four this is one of Australia's larger banks. BOQ owns Virgin Money.
  • HSBC. The local Australian banking arm of this international bank offers various home loans.

More guides on Finder

Home Loan Offers

Important Information*

Find the right home loan now

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site