Manage your home loan repayments

Repayments can be made by:

• Direct Loan Payments from your nominated ANZ account
• ANZ Internet Banking
• ANZ Phone Banking
• Electronic Transfer
• Visiting an ANZ Branch
• Direct Debit set up by your other financial institution

Want a different repayment frequency that suits your needs better? Depending on your loan type, you may be able to choose between weekly, fortnightly or monthly repayments via ANZ Internet Banking. If you're not using Internet Banking, then contact us and we'll help you make the change. 

Depending on your circumstances, switching from monthly to fortnightly or weekly repayments could help reduce your total interest charges.

Direct Loan Payments are an easy way to set up recurring payments to your linked ANZ loan accounts. Want to set up Direct Loan Payments in ANZ Internet Banking? There are two ways to do this: 

Bank Managed

This method of payment is managed by ANZ and will automatically increase if the minimum required loan payment amount increases. ANZ will not decrease your payment if the minimum required repayment decreases.

It can be set up and managed in ANZ Internet Banking and will have to be set up with a linked ANZ account.

Customer Managed

This method of payment is managed by the customer but won't automatically update if the minimum loan payment amount increases.

It can also be set up and managed in ANZ Internet Banking and will have to be set up with a linked ANZ account.

To add or modify a Direct Loan Payment:

• Log on to ANZ Internet Banking and select your loan account.
• Select 'Create or Manage Direct Loan Payments'.

Read our detailed guide about setting up or making changes to your Direct Loan Payments.

By law ANZ must share certain credit information as part of Comprehensive Credit Reporting with Australian credit reporting bodies that relate to any personal lending products you have with ANZ; including credit cards, personal loans, home loans and overdrafts. This information now includes your repayment history, including when you make payments on time and when you are late.

It's important to stay on top of your home loan and make repayments on time. If you do, it will appear favourably on your credit report. You can find helpful information that could help you navigate rising interest rates and stay on top of changing home loan repayments at Manage your loan.