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Debt Consolidation Home Loan
Debt Consolidation Home Loan: what it costs, how it works, and who it is not for. Every figure carries the source it came from and the date it was rea
What is debt consolidation home loan, and who is it for?
MACQUARIE - v14.0, 8 Jul 2026. Up to 80% LVR: 'The refinancing/consolidation of unsecured debt(s) with combined limits totalling <= $50,000 can be considered', subject to risk profile, capacity and collateral. ABOVE 80% LVR: 'The refinancing/consolidation of unsecured debts is not allowed.' Flat. An Money Brain publishes the document and the date behind every line on this page, and states plainly where a position has not been read.
How current is this page?
Every figure on this page carries the source it came from and the date it was read. Where a lender-by-lender position has not been read at source, the page says so rather than repeating something from memory. Lender policy changes quietly and often.
What decides your answer
What consolidating into your home loan does
MACQUARIE - v14.0, 8 Jul 2026. Up to 80% LVR: 'The refinancing/consolidation of unsecured debt(s) with combined limits totalling <= $50,000 can be considered', subject to risk profile, capacity and collateral. ABOVE 80% LVR: 'The refinancing/consolidation of unsecured debts is not allowed.' Flat. And above 80% up to 90% (inclusive of the capitalised low deposit fee) the rule is broader still: NO cash out, equity rele
The monthly saving, and the number underneath it
MACQUARIE - WHAT COUNTS AS UNSECURED, DEFINED IN THE POLICY AND WORTH REPRODUCING BECAUSE BUY NOW PAY LATER IS IN IT: credit cards, unsecured personal loans, store cards, unsecured overdrafts, unsecured lines of credit, and BUY NOW PAY LATER. Secured car and vehicle loans are explicitly NOT included under this policy - a car loan is a different conversation, and borrowers routinely assume it is the same one.
A worked example, start to finish
MACQUARIE - THE CASH-OUT PURPOSE LIST, AND IT CONTRADICTS ITSELF ON PURPOSE. Acceptable: personal investment (share purchase), home improvements and renovations, personal use such as travel or a wedding, motor vehicle, deposit on a property, purchase of property, and DEBT CONSOLIDATION. Unacceptable: CONSOLIDATING LARGE UNSECURED DEBT, gambling, maintaining lifestyle, MEETING REPAYMENTS ON EXISTING COMMITMENTS, devel
What decides your answer
Keeping the term short - how to consolidate without the life
MACQUARIE - v14.0, 8 Jul 2026. Up to 80% LVR: 'The refinancing/consolidation of unsecured debt(s) with combined limits totalling <= $50,000 can be considered', subject to risk profile, capacity and collateral. ABOVE 80% LVR: 'The refinancing/consolidation of unsecured debts is not allowed.' Flat. And above 80% up to 90% (inclusive of the capitalised low deposit fee) the rule is broader still: NO cash out, equity rele
Which debts are worth rolling in
MACQUARIE - WHAT COUNTS AS UNSECURED, DEFINED IN THE POLICY AND WORTH REPRODUCING BECAUSE BUY NOW PAY LATER IS IN IT: credit cards, unsecured personal loans, store cards, unsecured overdrafts, unsecured lines of credit, and BUY NOW PAY LATER. Secured car and vehicle loans are explicitly NOT included under this policy - a car loan is a different conversation, and borrowers routinely assume it is the same one.
Which debts are not
MACQUARIE - THE CASH-OUT PURPOSE LIST, AND IT CONTRADICTS ITSELF ON PURPOSE. Acceptable: personal investment (share purchase), home improvements and renovations, personal use such as travel or a wedding, motor vehicle, deposit on a property, purchase of property, and DEBT CONSOLIDATION. Unacceptable: CONSOLIDATING LARGE UNSECURED DEBT, gambling, maintaining lifestyle, MEETING REPAYMENTS ON EXISTING COMMITMENTS, devel
What decides your answer
The costs of doing it
MACQUARIE - v14.0, 8 Jul 2026. Up to 80% LVR: 'The refinancing/consolidation of unsecured debt(s) with combined limits totalling <= $50,000 can be considered', subject to risk profile, capacity and collateral. ABOVE 80% LVR: 'The refinancing/consolidation of unsecured debts is not allowed.' Flat. And above 80% up to 90% (inclusive of the capitalised low deposit fee) the rule is broader still: NO cash out, equity rele
What lenders think when they see consolidation
MACQUARIE - WHAT COUNTS AS UNSECURED, DEFINED IN THE POLICY AND WORTH REPRODUCING BECAUSE BUY NOW PAY LATER IS IN IT: credit cards, unsecured personal loans, store cards, unsecured overdrafts, unsecured lines of credit, and BUY NOW PAY LATER. Secured car and vehicle loans are explicitly NOT included under this policy - a car loan is a different conversation, and borrowers routinely assume it is the same one.
If you are behind on payments already
MACQUARIE - THE CASH-OUT PURPOSE LIST, AND IT CONTRADICTS ITSELF ON PURPOSE. Acceptable: personal investment (share purchase), home improvements and renovations, personal use such as travel or a wedding, motor vehicle, deposit on a property, purchase of property, and DEBT CONSOLIDATION. Unacceptable: CONSOLIDATING LARGE UNSECURED DEBT, gambling, maintaining lifestyle, MEETING REPAYMENTS ON EXISTING COMMITMENTS, devel
What decides your answer
What it does to your credit file
MACQUARIE - v14.0, 8 Jul 2026. Up to 80% LVR: 'The refinancing/consolidation of unsecured debt(s) with combined limits totalling <= $50,000 can be considered', subject to risk profile, capacity and collateral. ABOVE 80% LVR: 'The refinancing/consolidation of unsecured debts is not allowed.' Flat. And above 80% up to 90% (inclusive of the capitalised low deposit fee) the rule is broader still: NO cash out, equity rele
Which lenders allow it, and up to what LVR
MACQUARIE - WHAT COUNTS AS UNSECURED, DEFINED IN THE POLICY AND WORTH REPRODUCING BECAUSE BUY NOW PAY LATER IS IN IT: credit cards, unsecured personal loans, store cards, unsecured overdrafts, unsecured lines of credit, and BUY NOW PAY LATER. Secured car and vehicle loans are explicitly NOT included under this policy - a car loan is a different conversation, and borrowers routinely assume it is the same one.
The alternatives that are not a refinance
MACQUARIE - THE CASH-OUT PURPOSE LIST, AND IT CONTRADICTS ITSELF ON PURPOSE. Acceptable: personal investment (share purchase), home improvements and renovations, personal use such as travel or a wedding, motor vehicle, deposit on a property, purchase of property, and DEBT CONSOLIDATION. Unacceptable: CONSOLIDATING LARGE UNSECURED DEBT, gambling, maintaining lifestyle, MEETING REPAYMENTS ON EXISTING COMMITMENTS, devel
Questions
MACQUARIE - THE CASH-OUT PURPOSE LIST, AND IT CONTRADICTS ITSELF ON PURPOSE. Acceptable: personal investment (share purchase), home improvements and renovations, personal use such as travel or a wedding, motor vehicle, deposit on a property, purchase of property, and DEBT CONSOLIDATION. Unacceptable: CONSOLIDATING LARGE UNSECURED DEBT, gambling, maintaining lifestyle, MEETING REPAYMENTS ON EXISTIN
Sources and check dates
Lender lines on this page come from data the panel documents carry, read on 2026-08-09. Anything not read at source is named as unpublished.
Who wrote this page
Darren Parker, Credit Representative 501592, authorised under Australian Credit Licence 389328. Every figure here was read at source and dated. If a lender's position has changed since the date shown, tell him and it is corrected.
See where you stand before you decide anything
Updated 13 September 2026