Introducing the Downsizer Deposit Bond.

The new way to downsize from your current home with a no cash deposit.

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What is a Downsizer Bond?

A Downsizer Bond is the smart alternative to paying cash for the deposit on your next home. Whether your money is equity in your existing home or a savings account, Downsizer can provide you with a bond that will act as the cash deposit. When you settle on the property, you then pay the full purchase amount. It is so easy and affordable. There are no surprise costs for you, just a one-off transaction fee from as little as $1,500. The bond size you qualify for will directly correlate to the amount of equity you have.

How the Downsizer Bond Works.

Use the equity in your current home to qualify for a no cash deposit Downsizer Bond on your next off-the plan property.

Determine your eligibility

Determine your eligibility

Get in touch with us or fill out the Start Your Journey form to start the process.

Start your bond application

Start your bond application

A Downsizer expert will be in touch to help assess your eligibility in just three simple steps.

Secure your bond

Secure your bond

Once approved your Downsizer Bond will be emailed to you in as little as 24 hours.

It’s easy, secure and cost-effective

Benefits of the Downsizer Bond

-- Purchase your next home with zero cash deposit using the equity in your current home.

-- Stay in your current home until you are ready to sell or your new off-the-plan property settles.

-- Keep your long-term investments in place to continue generating income until settlement.

-- Application is easy and the Downsizer deposit bond can be available in as little as 24 hrs.

-- The no cash deposit Downsizer Bond is flexible with terms available for up to 5 years.

See how thousands of Australians are saving using the Downsizer Deposit Bond.

Frank & Jessica

Frank and Jessica have $2,500,000 of equity in their current home. They have qualified for a Downsizer Bond to secure an off-the-plan boutique property with a purchase price of $2,000,000. The property will settle in 36 months (3 years) so they can buy now and sell later.

Downsizer Bond Costs:

Transaction fee: $1650

Bond fee: $13,520

Total: $15,170

If Frank and Jessica paid the 10% deposit using their cash savings, their interest loss on $200,000 at 5% over 36 months is $30,000.*

*Using an indicative return of 5% and using simple interest calculation (non-compounding).

Rose

Rose has $1,100,000 of equity in her current home. She has qualified for a Downsizer Bond to secure an off-the-plan property with a purchase amount of $1,000,000 which is due for completion in 24 months (2 years).

Downsizer Bond Costs:

Transaction fee: $1650

Bond fee: $5,000

Total: $6,650 If Rose paid the 10% deposit using her cash savings, her interest loss on $100,000 at 5% over 24 months is $10,000.*

*Using an indicative return of 5% and using simple interest calculation (non-compounding).

Pete Pete has $800,000 of equity in his current home. He has qualified for a Downsizer Bond to secure an off-the-plan property with a purchase amount of $700,000 which is due for completion in 36 months (3 years).

Downsizer Bond Costs:

Transaction fee: $1650

Bond fee: $4,730

Total: $6,380 Pete could not have bought his new off-the-plan property without selling his current property first without the Downsizer Bond. Now Pete can live in his current property until his new home is ready.

Start Your Journey in just six simple steps

1.

When are you looking to move

2.

Have you chosen your next property

3

Where you would like to live

4.

Your estimated budget

5.

Additional information you may need

6.

Your contact details

Frequently Asked Questions

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Get in touch

Simply enter your details below and a member of the Downsizer team will be in contact with you shortly.