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Portfolio Loan

Use the equity in your home to make other investments and build assets

  • Save up to 0.70%p.a. off our standard variable rate with Advantage Package#
  • Portfolio Loan is a flexible line of credit that combines your personal and investment finances into one home loan
  • Create up to 10 sub-accounts2 under your Portfolio Loan to suit your investment and lifestyle needs
  • Apply to borrow up to 90% of your home's value to make other investments and build assets - such as shares, investment properties or even a new car1
  • Deposit your income directly into your Portfolio Loan, so every dollar will work to save you interest.
Apply online

Flexible loan to build wealth

  • A flexible line of credit, where you could borrow up to 90% of the value of your secured property1 to purchase your home and make other investments.

Package and save!

 

10 sub-accounts

  • Open up to 10 sub-accounts2 for your investment or lifestyle needs (e.g. 1 for an investment property, 1 for shares etc). Use different ownership structures to help you manage tax and finances. Each sub-account issues separate monthly statements.

Choice of fixed or variable interest rates

 

Loan term & repayments

  • Portfolio Loan is an ongoing line of credit, with no set repayment term and flexible repayments
  • Choose to pay as often as you like, but at least monthly
  • Interest applies only to the outstanding balance.

Great features!

  • Features include 24/7 access to your funds via ATMs, EFTPOS, Internet and Phone Banking3, rate lock, Visa Debit card and more!

Compare

Fees
Save when you package your home loan, selected credit card and transaction account with Advantage Package, an annual package fee of $395 applies.
Establishment fee
Additional sub-account fee
  • $100 per additional sub-account
Your choice of a monthly account administration fee or an annual fee Monthly fee or

Annual fee
  • $200 per annum for all sub-accounts
Other fees and charges apply. See a complete list of fees for loan accounts.
Interest rates
Portfolio Loan Variable Rate
Annual rate
 p.a.
Portfolio Loan Fixed Rates
  Annual rate
1 year Fixed  p.a.
2 years Fixed  p.a.
3 years Fixed  p.a.
4 years Fixed  p.a.
5 years Fixed  p.a.
Get an interest rate discount with Advantage Package6
All the features you need
Repayments
  • Frequency
    • Choose to pay as often as you like, but at least monthly
    • Interest applies only to the outstanding balance.
  • Additional payments
    • On Variable Interest Rate sub-accounts, make additional payments at any time
    • On Fixed Interest Rate sub-accounts, make additional repayments of up to $10,000 each year before break costs become payable
    • Calculate what you could save by making extra payments.
Package and save!
24/7 access to funds
Use up to 10 sub-accounts to build your wealth
  • Open up to 10 sub-accounts to suit your investment and lifestyle needs
  • Your primary sub-account must be on a variable interest rate and all other sub-accounts may be on a fixed or variable interest rate
  • All sub-accounts can be used for an investment property or investing in shares
  • Sub-accounts may have different ownership structures to help you manage your tax and finances, but a sub-account holder must be one or more of the Portfolio Loan borrowers and any remaining borrowers must be guarantors to that sub-account
  • Calculate how a Portfolio Loan can help you build your wealth.
Easy reporting Separate monthly statements for each sub-account to make managing investments easy.
Increase your loan amount Call us on 13 13 76 or visit any BankSA branch.
Choice of fixed or variable interest rates
Lock in a fixed rate Rate lock lets you secure an advertised Fixed Rate on fixed rate sub-accounts for up to 90 days before your Portfolio Loan settles or the interest rate period on your current BankSA home loan ends7.
Visa Debit Card Link a Visa® Debit card to your Portfolio Loan and shop securely wherever your Visa Debit card is accepted using money from your Portfolio Loan8.
Deposit Protect Bond move to end
  • Use a Deposit Protect Bond instead of paying a cash deposit immediately, and keep earning interest on your deposit money right up until settlement
  • Also ideal when using equity in an existing property to finance your purchase.

Apply online

Apply online. It takes just 15 minutes!

Enquire online

Enquire now and a BankSA home loan expert will call at your preferred time.

Call us

13 13 76. To talk with a BankSA home loan expert, say "New Mortgage" when prompted.

Visit a branch

Find your nearest branch.

What you'll need to apply

 

Tips

How to apply

Important information

Conditions, fees and credit criteria apply.
Before making a decision, it's best to read the terms and conditions:

Please read these documents and keep a copy. You can request a paper copy at a branch.
The advice on our website is prepared without knowing your personal financial circumstances. Before you act on this or any advice, please consider if it’s right for you. If you need help, call 13 13 76.

1 Property value as determined by BankSA. Generally, Lender's Mortgage Insurance is required on loans above 80% of the value of the property offered as security.
2 A sub-account holder must be one or more of the Portfolio Loan borrowers. The remaining borrowers on the Portfolio Loan must be guarantors on that sub account. Any Portfolio Loan borrower who is not a sub-account holder of a particular sub-account must guarantee that sub-account.
3 Subject to systems availability.
4 Other upfront fees and costs may apply.
5 The comparison rate is based on a loan of $150,000 over a 25 year term. After the first year the interest rate will revert to the applicable Standard Variable Rate unless the customer chooses to switch to a Fixed Rate Home Loan. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
6 Advantage Package annual fee of $395 applies, other fees may be payable. The fee savings apply for the duration of the package. Contact BankSA to see if you are eligible to receive Advantage Package benefits.
7 Rate lock requests are subject to our approval. Fees apply.
8 Visa® is a registered trademark of Visa Worldwide PTe Limited.
# The following interest rate discounts are only available in Advantage Package for Standard Variable Rate Loans and Portfolio Variable Rate Loans: for loans between $100,000 and $149,999, 0.25% p.a. discount will be applied; for loans between $150,000 to $249,999, 0.50% p.a. discount will be applied; for loans greater than $250,000, 0.70% p.a. discount will be applied. No discount applies for loans below $100,000. Advantage Package annual fee, currently $395, is payable from an eligible BankSA transactional account.