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Information for existing Rental Purchase Plan borrowers
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How long will I take to repay my loan?
This will depend on the amount you borrowed, interest rates and your
level of repayments. To receive an estimate on your loan completion date
or information on making extra repayments, contact the department for
the cost of a local call on 1300 654 322 or email us at 
loaninformation@housing.qld.gov.au.
How can I own my home sooner?
You can own your home sooner by:
- Making weekly or fortnightly payments. For example, your monthly instalment, halved and paid every fortnight will make 13 monthly payments per year into the loan.
- Increasing your Direct Debit payments as detailed above. To increase your
payments, fill out the
Direct Debit Request form (31Kb). Or for more information and the appropriate application form, view the repayment options. - Pay extra using your payment card. Consider a regular amount (even $20 per fortnight will make a big difference over the term of the loan) or just pay extra when you have the money.
- Remember – when you make extra payments you are building a ‘nest egg’ for the future.
Last updated 30 August 2006
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