Why Choose Regular Instalments?
Regular Instalments from your home equity is great for maintaining a steady income stream and supplementing your living expenses in retirement. This option gives you the power to set a specific amount as a regular monthly, quarterly or annual payment.
When you draw funds through Regular Instalments, you are only charged interest as you receive the money, generating interest savings over time.
It’s a responsible way to access equity in your home and may also help you avoid possible issues with Centrelink Aged Pension entitlements.
How can you use Regular Instalments?
The Regular instalment option is ideal if you want to maintain a certain lifestyle and the flow of your income. This may also work well if you are moving into residential aged care and need to pay accommodation regularly.
Regular Instalments can boost your purchasing power to ensure a better quality of retirement living. Paying your bills or taking a vacation can be less of a struggle knowing you have steady funds.
Most senior Australians are concerned about limited income in their retirement. ASAG hopes that it’s Regular Instalment product can help you ease this burden by unlocking the equity in your home.
Aged Care Funding
Moving into a residential aged care can be costly. After paying a deposit, you still need to pay for accommodations and other fees. Let ASAG Regular Instalment help you take care of ongoing expenses to significantly ease your cashflow.
Who Should Get Regular Instalments?
ASAG Regular Instalments were created for retirees who are asset-rich and looking to unlock equity in their homes.
Tap into your home equity while remaining on the property title. Plus, you can continue living in your home to benefit from the wealth you put into it.
A steady fund could increase your income in your retirement.
Want to find out if you are eligible for Regular Instalments? Apply now for a free estimation.
How do you Qualify for the Regular Instalments?
At ASAG, we constantly strive to improve our products and services for your convenience. You can select the Regular Instalments now and if any change in your circumstance should occur in the future that requires a Lump Sum payment, simply contact ASAG to adjust your schedule.
The following requirements must be met to qualify for the Regular Instalments option.
- You must be at least 60 years old.
- You must own or almost own a property.