About 12 months ago I deposited 300k into my PPOR loan in the redraw facility (original loan 435k About 7 years ago). Loan is P&I and at 3%...
Hi All My partner bought a property in 2017 in her name only with a P&I loan of $340,000 from ANZ and in March 2021 we have rented it out to...
Where a person is a borrower with someone else, i.e. a co-borrower, they can ask the lender to cancel any redraw facility on their joint loan....
Hi everyone, My first post on this forum after a long time of lurking. Please go easy on me. :) I am about to buy my first PPOR, a 3br in a...
Hi All, Just thought I would share a hairy experience I had with CBA today regarding drawing down on a home loan. Late last year I pulled equity...
G'day all, Recently had my loan split from 2 accounts to 3 and added an extra offset facility to one of the new loan accounts. When trying to...
One of my loans is PI of 50K with 16K in redraw with ANZ. I enquired about fixing said loan for 2 years. I was told that not only would the redraw...
How does a P&I loan with redraw work if the extra funds deposited into the redraw has no impact on the repayment amount? Wouldnt the extra...
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