How much you can get

The loan payments you get under the Home Equity Access Scheme depend on if you get a pension or not.

It also depends on how you choose to get your loan from these options:

  • a fortnight amount
  • an advance payment of the loan as a lump sum
  • a combination of both.

We’ll pay your loan payment until you reach the maximum loan amount.

If you choose to get an advance payment, it may reduce the fortnightly loan amount you can get for 26 fortnights.

If you get a pension

Your combined loan and pension payment each fortnight can’t be more than 150% (1.5 times) of your maximum pension rate.

If your pension changes, we’ll adjust your loan payments so the combined amount doesn’t go over 150% of your pension rate.

If you don’t get a pension

If you don’t get a pension you can still get a loan under the Home Equity Access Scheme. You can get a fortnightly loan payment up to the full 150% of the maximum rate of your qualifying pension. If you are Age Pension age or older, your qualifying pension will be the Age Pension.


Use the Home Equity Access Scheme calculator to check any of the following:

  • your maximum loan amount
  • what a loan might look like for you in the future.

If your Centrelink online account is linked to myGov, you can use the calculator there to get a more accurate result.

To do this:

  1. Sign in to myGov.
  2. Select Payments and claims.
  3. Under Manage payments, select Home Equity Access Scheme calculator.

Sign in to myGov

Page last updated: 30 May 2023.
QC 51192