Learn how your home equity could improve your retirement

If you’re like most Australian retirees, the majority of your wealth is probably tied up in your family home. Your Household Capital™, or home equity, is a valuable resource that could be used to improve your retirement funding and enhance your retirement lifestyle.

This free e-guide explains the benefits of accessing your home equity, while the calculator demonstrates just how much better off you could be in retirement.

Starts at 60 has partnered with Household Capital, a specialist retirement funding provider that provides responsible long-term access to home equity that aims to provide you with the best of both worlds – to continue living in your family home with the confidence to enjoy the retirement lifestyle you deserve.

After all, your home can be both the best place to live and the right way to fund your retirement.

Calculate how much home equity you could access

Household Capital’s easy-to-use calculator lets you see how much home equity might be available to you. Whether you’re after an additional income stream, a lump sum to renovate or a contingency fund for a rainy day, this calculator lets you see the possibilities. Your ideal retirement may be closer than you think!

Learn how your home equity could transform your retirement

This FREE e-guide explains exactly how a Household Loan works and how you could use your home equity to improve your retirement. Each of Household Capital’s customers uses their Household Loan for different purposes but one thing is consistent – most customers use their home equity for a variety of retirement improving tactics. These might include:

  • Regular income – your home equity can provide a fortnightly or monthly income stream
  • Refinance – repay a home loan or other debt to free up your cash flow
  • Live – renovate or modify your home or buy a new car
  • Top-up – add to super or other investments to increase pension income streams
  • Give – help your kids and grandkids when they need it most
  • Care – cover medical expenses and get the best of in-home or residential aged care.

The Household Capital consultants will call you to discuss any questions you may have.

Download this FREE e-guide to see how your home equity could improve your retirement

Frequently asked questions

What is a Household Loan?

A Household Loan is Household Capital’s innovative approach to borrowing against home equity for responsible, long-term, retirement funding. It is a type of reverse mortgage.

A reverse mortgage allows you to borrow money using the equity in your home as security. Interest is charged like any other loan, but you don’t need to make repayments while you live in your home. The loan must be repaid in full when you sell or leave your home or, in most cases, if you move into residential aged care.

Try Household Capital’s easy-to-use calculator above to see what you could do with a Household Loan.

What is the interest rate?

The interest rate on a Household Loan is a variable rate of 4.95% per annum (comparison rate 4.98%* per annum), being a consistently low rate in Australia for a reverse mortgage or equity release product.

*The Comparison Rate is based on a loan of $150,000 for 25 years. Fees and charges may be payable. Note: 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.