Overview

If you’re a homeowner, you might be able to get help towards interest payments on:

  • your mortgage
  • loans you’ve taken out for certain repairs and improvements to your home

This help is called Support for Mortgage Interest (SMI).

It’s paid as a loan, which you’ll need to repay with interest when you sell or transfer ownership of your home.

You usually need to be getting, or treated as getting, a qualifying benefit to get SMI.

There’s no guarantee that you’ll get SMI for a mortgage or loan you take out.

What you cannot use SMI for

SMI cannot help you pay:

  • the amount you borrowed - only the interest on your mortgage

  • anything towards insurance policies you have

  • missed mortgage payments (arrears)