Home > Health Policy Library > Defence Service Homes (DSH) > General Orders > Entitlement > Advances - Initial, Additional and Further > 3 Policy > 3.3 Initial Subsidised Advance > 3.3.1 Amount, Interest Rate & Term

3.3.1 Amount, Interest Rate & Term

A subsidised advance is available;

  • up to an amount of $25,000,
  • at a capped interest rate of 6.85%pa, but variable at 1.5%pa below the Benchmark Rate if the Benchmark Rate is below 8.35%pa.
  • over a maximum term of 25 years,

Source URL (modified on 14/10/2014 - 11:39am): http://clik.dva.gov.au/health-policy-library/defence-service-homes-dsh/general-orders/entitlement/advances-initial-additional-and-further/3-policy/33-initial-subsidised-advance/331-amount-interest-rate-term

Links
[1] http://clik.dva.gov.au/user/login?destination=node/18489%23comment-form