Build Your Dream Home With the Right Finance
Building a new home is exciting but can be complex. We simplify the process with stage payments, clear approvals, and cash-flow-friendly structures.
Stage Payments
Pay As You Build
Funds Released in Stages
A construction loan releases funds in progress stages. You only pay interest on the amount drawn, keeping repayments low during the build.
A Smooth Build From Start to Finish
Compare lenders with competitive construction rates.
Explain draw-down schedules and progress payments.
Ensure builder compliance before each release.
Coordinate valuations and inspections between stages.
Transition your loan to a standard mortgage after completion.
Only Pay Interest on Land Until Build Starts
- •One combined approval for land and build
- •Lower interest costs during early months
- •Simpler valuation and settlement process
We work closely with Adelaide builders and developers to keep communication tight and paperwork minimal.
Reduce the Need for Cash Deposit
If you already own property, you may be able to release equity to cover land or construction costs without selling your current home.
Protect Your Cash Flow
Interest capitalisation lets you add interest to the loan balance instead of paying it during the build. It can help avoid double housing costs.
- •Ideal if you are renting during the build
- •Helpful if you still own your existing home
- •Keeps cash available for furnishings or moving
We identify lenders that offer this feature and calculate how it affects total cost.
What to Look For
| Feature | Why It Matters |
|---|---|
| Interest-only during construction | Keeps repayments low while you build |
| Interest capitalisation (optional) | Avoids out-of-pocket payments during build |
| Fixed or variable rate options | Choose stability or flexibility |
| Progressive draw-downs | Funds released per stage completed |
| Offset and redraw options | Reduce interest and maintain flexibility |
| Automatic conversion to standard loan | Smooth transition after hand-over |
A Smooth Build in Riverlea Park
Client: Family building in Riverlea Park.
Goal: Construct a four-bedroom home on new land purchase.
Solution: Construction loan with five draw-downs and interest capitalised.
Result: Predictable cash flow and no double housing payments.
Common Construction Loan Questions
How does a construction loan work?
Funds are drawn in stages as your builder completes each milestone. You pay interest only on the released amount.
Can interest be capitalised during construction?
Yes, if your lender allows it. It prevents double payments when renting or paying another mortgage.
What deposit do I need?
Usually 10 to 20 percent, depending on land value and builder contract.
Do I need council approval first?
Yes, most lenders require council-approved plans before final approval.
When do repayments start?
Once the first draw-down is made, you will pay interest only until completion.
Ready to Start Building?
Call us to discuss your construction loan plan or book a consultation.