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 calculators to check any of the following:

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

You will get a more accurate result if you sign in to myGov and use the calculators through your Centrelink online account.

Page last updated: 1 July 2022