Build Now Pay Later
Build now and keep your cash free with Smooth Home Loans’ Build Now Pay Later option.
What Is Build Now, Pay Later?
Start building your dream home without the financial pressure
Build Now, Pay Later is a flexible construction finance option designed to make building your home simpler and smarter. With this option, you can pause out-of-pocket mortgage repayments for up to 12 months during your build, giving you financial freedom when it matters most.
With Build Now, Pay Later, you can enjoy:
Paused mortgage repayments for up to 12 months
Competitive lending rates with trusted lenders
Up to 30% more borrowing capacity*
Avoid paying rent and mortgage at the same time
Keep your savings for what matters most, your future home
It is a smarter, easier way to build without the usual financial pressure.
Why Build Now Pay Later?
Building a home often means juggling rent, bills and early mortgage repayments at the same time.
With Smooth Home Loans’ Build Now Pay Later option, you can move forward without the financial pressure.
Up to 12 Months With No Repayments
Start your build with ease. Enjoy up to twelve months with no upfront or out-of-pocket repayments while your home is being constructed.
Stronger Borrowing Power and Flexibility
Benefit from lenders who offer strong borrowing limits, helping you secure the funds you need with greater flexibility.
Fast Build Times Backed by Independent Audits
Build with confidence through builders known for industry-leading construction times and independently verified quality standards.
A simple, stress-free process to start building your dream home
How Build Now Pay Later Works
Secure Your Builder and Loan
Choose an accredited builder, pay your deposit, and apply for your Build Now Pay Later loan through one of our trusted lenders.
Pause Your Payments During Construction
While your home is being built, enjoy up to 12 months of paused mortgage repayments on both land and construction, giving you flexibility and peace of mind.
Move In or Start Earning Rental Income
Once construction is complete, either move into your new home or, for investment properties, start generating rental income immediately.
Resume Regular Repayments
After the pause period, standard mortgage repayments begin, aligned with your property’s completion and readiness for occupation or rental.
Who Build Now, Pay Later is For
Designed to suit a variety of home builders and investors
First Home Buyers
Build your first home while managing rent and other living expenses.
This option also allows you to take advantage of first home owner grants and start your property journey with confidence. Discover how Build Now Pay Later can help you get into your first home faster, with flexible loan options and paused repayments during construction.
Second Home Buyers
Reduce financial pressure while your next property is under construction.
Keep your savings available for other priorities and enjoy a smoother transition to your new home without stress. Learn how you can manage two properties seamlessly, with repayments paused during construction, giving you more control over your finances.
Investors
Start repayments only once your property begins generating rental income.
This gives you flexibility to manage cash flow during construction and make the most of your investment opportunity. Explore how investors can maximise their borrowing capacity and pause repayments while the property is being built, ensuring a stress-free investment process.
Build Your Home with Confidence and Flexibility
Building your home should be exciting, not stressful. That’s why Smooth Home Loans offers the Build Now Pay Later option, designed to give you control over your finances while constructing your dream home.
Start building today while keeping your cash available for what matters most, whether it’s saving, investing, or covering daily expenses.
More Ways Build Now Pay Later Supports You
Additional Advantages of Build Now Pay Later
Focus on Your Dream Home
Pause repayments and manage your finances without stress, allowing you to fully concentrate on designing and building your ideal home.
Smart Financial Flexibility
Keep your savings available for other priorities, such as furnishings, renovations, or investments, while your home is under construction.
Smooth Transition to Ownership
Begin repayments only when your home is ready, giving you a seamless move-in experience and better cash flow management.
Trusted by Australians Across the Country
Apply for Build Now Pay Later
Our Build Now Pay Later loans are offered through a network of accredited builders across Australia.
Each builder undergoes independent audits to ensure financial stability, timely project delivery, and high-quality construction, giving you confidence throughout your home-building journey.