Compare Reverse Mortgage Rates
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Note: Some rates listed may be promotional rates. Rates shown are as notified to CANSTAR during the previous business day.
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| 22-May-2013 | Minimum Rate | Maximum Rate | Minimum Loan | Maximum Loan | Minimum LVR | Maximum LVR | Effective Date | |
|---|---|---|---|---|---|---|---|---|
| Company | Product | |||||||
| Australian Snrs Finance | Lifetime Loan | 7.55% | 7.55% | $10000 | $250000 | 15% | 45% | 27-JUN-12 |
| Bank of Melbourne | Seniors Access Home Loan | 7.15% | 7.15% | $10000 | $250000 | 0.01% | 25% | 17-MAY-13 |
| Seniors Access Plus Home Loan | 7.15% | 7.15% | $10000 | $250000 | 0.01% | 25% | 17-MAY-13 | |
| BankSA | Seniors Access Home Loan | 7.22% | 7.22% | $10000 | $250000 | 0.01% | 25% | 20-MAY-13 |
| Seniors Access Plus Home Loan | 7.22% | 7.22% | $10000 | $1.5e+06 | 0.01% | 25% | 20-MAY-13 | |
| Bankwest | Seniors Equity Release | 6.99% | 6.99% | $20000 | $250000 | 0.01% | 25% | 20-MAY-13 |
| Commonwealth Bank | Equity Unlock Loan | 7.3% | 7.3% | $20000 | $425000 | 0.01% | 45% | 13-MAY-13 |
| P&N Bank | Easy Living Access Loan | 6.95% | 6.95% | $10000 | $300000 | 0.01% | 35% | 21-MAY-13 |
| St.George Bank | Seniors Access Home Loan | 7.24% | 7.24% | $10000 | $250000 | 0.01% | 25% | 20-MAY-13 |
| Seniors Access Plus Home Loan | 7.24% | 7.24% | $10000 | $250000 | 0.01% | 25% | 20-MAY-13 | |
| Transcomm Credit Union | Accommodation Bond Loan | 7.49% | 7.49% | $0 | $400000 | 0.01% | 50% | 01-JAN-13 |
| Annuity Plus | 6.99% | 6.99% | $10000 | $400000 | 9% | 40% | 01-JAN-13 | |
| Company | Product | Minimum Rate | Maximum Rate | Minimum Loan | Maximum Loan | Minimum LVR | Maximum LVR | Effective Date |
| 22-May-2013 | ||||||||