Features that make the ABN AMRO Accommodation Bond Loan one of a kind.

Not age dependent
Unlike other similar products the ABN AMRO Accommodation Bond Loan is not age dependent. As long as you are over 60 years of age, the maximum Loan Value Ratio of 40% is available to you. This means that you can borrow up to 40% of the agreed value of your home over the 5 year term.

No ongoing monthly fees and charges
Unlike many of our competitors in Australia today, our Accommodation Bond Loan has No Ongoing monthly Fees or Charges. That means you're not silently slugged every month.

Flexibility
You have the freedom to choose how much you want to borrow - we have no maximum limit, subject to the assessed value of your home; your choice of fixed or variable interest rates; and how you choose to receive that amount.

You can receive your loan as a lump sum, a monthly income or a flexible drawdown. And, ABN AMRO offers a choice between fixed and variable rates, depending on the structure of your loan. We give you the flexibility to choose a combination that best suits your needs.

Competitive rates
Our interest rates are always very competitive. As you are aware, interest rates rise and fall over time. Visit the interest rate page for the latest information.

No negative equity guarantee
Even though we lend up to 40% of the value of the property, you still receive a no negative equity guarantee. This means that whatever happens to interest rates or house prices the amount you owe ABN AMRO can never exceed the value of the property. You also have the option to protect up to 25% of the equity of your property in addition to this guarantee.

There are some key criteria that must be met.