Variable Investment Home Loan

An investment home loan is designed to finance property investments. Coastline Bank's Variable Investment Home Loan can be used to purchase residential or commercial investment properties.

Unlike standard home loans, which are used for owner-occupied properties, investment loans provide you with the finance to buy property that generates rental income and may appreciate in value over time. You’ll also enjoy the key features of our standard home loans, such as competitive rates, flexible repayment options and a redraw facility.

Coastline Bank’s Investment Home Loans allow you to borrow up to 90% of the property value. Helping you to invest sooner and minimise your initial outlay.

An investment home loan can help you build wealth through real estate. If you’re thinking about residential property, investing comes with many financial benefits.

The main benefits include:

Additional income
By investing in property, you can create a steady stream of income through rent.

Tax benefits
Interest paid on an investment loan may be tax-deductible. A tax professional can advise if investing in property for tax purposes is a right for you.

Potential for portfolio growth
With an investment home loan, you can build a diverse property portfolio over time, further growing your financial well-being.

An offset account is a regular transaction account that’s directly linked to your home loan. Instead of earning interest, the balance in your offset account serves to reduce the balance of your home loan on which interest is calculated monthly. This, in turn, lowers the amount of interest you pay each month. The more money you keep in your offset account, the less you’ll pay in interest.

This powerful little feature can help you save thousands over the life of your home loan.

Coastline Bank's Variable Rate Home Loan and Variable Investment Home Loan come with a free offset account.

A redraw facility is a valuable home loan feature; it allows you to:

• make extra repayments to your home loan
• access the extra funds if you need to.

If you’ve paid more than your scheduled repayments and something comes up, you can redraw these funds to cover the costs. Paying more on your home loan each month will also help you reduce your interest payments. Or, if you want to make some home improvements, fund a large expense, or go on a holiday, the money is available for redraw.

Please note: The minimum redraw is $500. Redraw is free in Coastline Bank's Internet Banking, or you can redraw in the branch for a $20 fee.

The Loan-to-Value Ratio (LVR) measures how much of the property’s value is financed by the loan. It is calculated by dividing the loan amount by the property’s appraised value. LVR is displayed as a percentage. For example, if you borrow $300,000 to buy a $500,000 home, your LVR is 60%.

Banks and lenders also use LVR to assess risk, and if you’re thinking about applying for a home loan, understanding your LVR can go a long way.

Yes. At Coastline Bank, you can make extra repayments on your investment home loan without penalty. Paying more than the minimum monthly repayment will help you save money on interest and reduce the length of your loan. You can also make additional lump-sum payments to your investment home loan whenever you like.

Paying off your investment property frees up your funds for more investments or other financial goals, such as retirement. You'll also enjoy the peace of mind that comes with building your wealth and taking control of your investments.

Whether you’re curious about loan features, eligibility, or the application process, we offer multiple ways to connect—by phone, email, live chat, or in-person appointments. Our dedicated team of Lending Specialists are happy to help.