ANZ discharge formand how to use it

ANZ asks for at least 10 business days from when they get your signed form to settlement day. In practice most people allow three weeks, because the form is only the first step — your new lender and both conveyancers still have to book the settlement.

Usually yes, but ANZ doesn't publish a standard amount. It's set in your loan contract, so check your letter of offer or the fees and charges booklet you were given at settlement. Expect it to be deducted from the payout figure rather than billed separately. If you took the loan out with a fixed rate that hasn't ended, break costs are separate and can be much larger.

It's the form that tells ANZ to release its mortgage over your property. You need one whether you're selling, refinancing to another lender, or paying the loan off entirely. ANZ calls theirs the Discharge and Variation Authority (DAVA).

Yes, and it doesn't happen on its own. Paying the balance to zero closes the loan account; it does not remove ANZ's mortgage from your title. Until you lodge the Discharge and Variation Authority (DAVA) and the discharge is registered with the land titles office, the property still shows ANZ as mortgagee, which you will discover the day you try to sell, refinance or borrow against it. Do it while the paperwork is fresh.

Nothing, until you need the title clean. The mortgage stays registered against the property with a zero balance behind it. A sale or a new loan then has to wait for ANZ to process the discharge, which takes at least 10 business days, and settlement can't be booked until it's done. Some lenders also keep charging a package or account fee on a loan that is paid out but not closed.

Since September 2026 ANZ also has an online request page (anz.com.au/personal/home-loans/discharge-variation-request) where a borrower enters their name, loan number and reason and ANZ emails the DAVA with instructions. It is the same PDF; downloading it directly above is faster. Every borrower and guarantor has to sign by hand. A scan of a wet signature is fine; a typed one is not. Once it's filled in and signed, send it to email to releasesdava@anz.com, or post to Releases & Security Variations, Locked Bag 38002, Docklands VIC 8012.

There is no set figure. ANZ calls it "Early Repayment Cost", and it is worked out on the day from the difference between your fixed rate and the wholesale rate for the rest of your term, so it can be zero or thousands. call ANZ Home Loan Enquiries on 13 25 99 or ask at a branch. The quote is good for that day; the actual cost is set on the day you repay. In ANZ's words: "A quote of the Early Repayment Cost can be obtained by calling ANZ Home Loan Enquiries on 13 25 99 or by contacting your local ANZ branch."

In ANZ Internet Banking, open the home loan account and choose Loan closure request; the payout figure comes back by SecureMail. Or message ANZ in the app, or phone 13 25 99. ANZ says to allow 10 business days for the closure request, and the figure has to be paid the same day it is quoted. It is only accurate for the date on it, because interest accrues daily, so ask for it once the settlement date is booked. In ANZ's words: "We will aim to process your request within 10 business days from the date received, provided all of the required information and supporting documents are submitted."

In ANZ Internet Banking, open the loan account, choose Create or manage direct loan payments, then Modify, and change the account, amount or frequency. That only works for payments from an ANZ account. If the repayment comes from another bank, cancel it there the day after settlement so the final repayment doesn't bounce. In ANZ's words: "If you would like to set up a payment to your ANZ loan from a non-ANZ account, you will need to arrange this via your other financial institution."