SMSF loan calculator

Use our self-managed superfund loan repayments calculator to estimate your loan payments and the total interest you will pay over the life of the loan.

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How much will my SMSF loan repayments be?

Your SMSF loan repayments depend on the loan amount, interest rate and loan term. Repayments are generally funded through your SMSF's rental income, member contributions and other available fund income, rather than your personal income. Use our SMSF loan repayment calculator below to estimate your repayments and assess your fund's cash flow before applying.

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Calculate your SMSF loan repayments

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Interest rate
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Repayment amount
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Total interest paid:
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Total principal & interest paid:
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Review Yard's SMSF loan rates

Residential SMSF Loan
LVR up to 90%
7.45
%
p.a.
interest rate
7.84
%
p.a.
comparison rate
Repayment
$2,395
/month
Paying off P&I
Good for:

Borrower is SMSF Trustee

Limited recourse borrowing (LBRA)

Residential property (e.g. house, apartment)

Refinance

Features:

LVR up to 60%

Loan term up to 30 years

Additional Repayment

Split accounts

Optional offset facility

Commercial SMSF Loan
LVR up to 90%
8.14
%
p.a.
interest rate
8.56
%
p.a.
comparison rate
Repayment
$2,395
/month
Paying off P&I
Good for:

Borrower is SMSF Trustee

Limited recourse borrowing (LBRA)

Commercial property (e.g. office, warehouse)

Purchase and refinance

Features:

LVR up to 70%

Loan term up to 30 years

Additional Repayment

Split accounts

Optional offset facility

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Our SMSF Loan features

Purchase and refinance

We can help you purchase or refinance a commercial property within your SMSF. We can also help you refinance an existing residential SMSF loan to obtain a better rate or new loan features.

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Additional repayments

You can make additional repayments on your SMSF loan. This may help you pay off the loan faster than the agreed term and reduce the interest paid.

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Optional 100% offset facility

Having an offset account linked to your loan allows your SMSF savings to lower the amount of interest you pay on the home loan.

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Up to 80% LVR

We can help you purchase commercial property with a 20% deposit. No Lenders Mortgage Insurance (LMI) applies for loans up to 80% loan-to-value ratio.

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What are the pros and cons of SMSF loans?

When considering SMSF loan options, it is important to seek advice from a qualified financial and legal adviser to ensure the strategy suits your circumstances and complies with superannuation law. Some general considerations to be aware of include:

Pros

Property investment through super - use your SMSF to purchase commercial property, or refinance existing residential or commercial property, to grow retirement savings.

Concessional tax treatment - rental income and capital gains can be taxed at lower superannuation rates. Consult a financial adviser.

Flexible loan features - unlimited additional repayments and an optional offset facility support cash flow management.

Cons

Higher upfront and on-going costs - SMSF loans can involve higher upfront costs and on-going expenses related to establishing, maintaining and administering the SMSF, in addition to property and loan-related costs.

Strict compliance rules - SMSF loans must meet ongoing Australian Taxation Office requirements.

Restricted property use - the property cannot be used by SMSF members or related parties.

What our customers say...

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The important questions answered

How much can you borrow from your SMSF?

The amount your SMSF can borrow typically depends on its rental income, member contributions, cash balance and the loan-to-value ratio (LVR). Lenders typically allow an SMSF to borrow up to 80% of the property's value. This page estimates repayments rather than borrowing capacity, so it works differently from an SMSF borrowing calculator. A Yard Loan Consultant can assess how much your fund may borrow.

Can I live in a house owned by my SMSF?

No, SMSF properties must be for investment purposes only. You cannot live in or use the property personally. It must be rented out at market rates to unrelated tenants to comply with superannuation laws.

Why are SMSF loans more expensive?

SMSF loans often have higher interest rates due to the Limited Resource Borrowing nature of these loans. Lenders view them as higher risk, which can result in higher interest rates and stricter lending criteria compared to standard home loans. You can view Yard's SMSF loan rates here.

What are the interest rates for SMSF loans?

Interest rates for SMSF property loans typically vary depending on the loan type and LVR. Generally, rates are slightly higher than standard mortgage rates. Check here for the latest Yard SMSF loan interest rates.

Can I sell an SMSF property to my child?

Yes, you can sell a property owned by your SMSF to your child, provided the sale is conducted on an arm's-length basis at market value. Your SMSF should obtain an independent property valuation to support the sale price. Capital gains tax may apply to the SMSF, while your child may need to pay stamp duty and transfer costs. Seek independent legal and tax advice before proceeding.

Do I pay stamp duty on an SMSF purchase?

Yes, you pay stamp duty on a property purchase through an SMSF. Just like any other property purchase, stamp duty is a government tax levied on the transfer of property ownership. This applies even if the property is purchased through an SMSF. Use our stamp duty calculator to estimate your stamp duty fee based on the purchase price of your investment property.

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