Help to Buy Program Directions 2025
43Housing Australia must allow voluntary early repayments
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43 Housing Australia must allow voluntary early repayments
(1) Housing Australia must ensure that each arrangement permits a participant to make one or more voluntary repayments, provided that each repayment would:
(a) when rounded to the nearest $1,000, reduce the Commonwealth share percentage by at least 5% of the value of the relevant property as at the time of the repayment; or
(b) repay the Commonwealth share (as valued at that time) in full.
(2) Housing Australia must ensure that each arrangement allows Housing Australia to require the participant to bear the costs of obtaining a valuation, and any other administrative costs, associated with a repayment.