What’s a top up?

A top up lets you borrow more by using the equity in your home. If your property’s value has gone up or you’ve paid down your loan, you might be eligible to access that equity as cash.

You can apply for a top up if your total loan (including the new amount) stays within 80% of your property’s current value.

Why top up?

People top up for all sorts of reasons; renovations, education, investments or just to have a bit of extra breathing room. It’s a simple way to access funds using the value you already own.

How Unloan top ups work

Minimum top up amount is $10,000
Maximum total borrowings across all Unloan loans is $10 million
No Unloan fees
Keep your current interest rate and loyalty discount
Subject to Unloan’s credit assessment processes

How do I apply for a top up?

Log in to your Unloan account
Go to your Home Loan account page and select the cog icon
Scroll to Increase your home loan and click Get started
Complete the application

If you’re applying with a co-borrower, only one of you needs to start. The other will get an email invite to join in and finalise the details.

A few things to keep in mind

Your application will go through our standard credit checks and verification.
If approved, the funds will be added to your redraw.
Unloan doesn’t support loan splits. If you’re using the funds for investment, it might be harder to separate your tax liabilities - so it’s a good idea to get independent tax advice.