Hi Guys Hope someone can help. Waiting to hear from our broker who I feel should have been on top of this as she was looking at our loans a few months ago and probably should have warned of this end of interest only set up. As follows, have a loc on ppr , with 3 splits with .Adelaide bank. Loan 1 333k split, owe 94k, available funds 239k (for new vehicle) loan 2 40k split owe 0, in credit, available funds 50k ( everyday account, rents in , int out, bills, living loan 3 75k split owe 35k, available funds 40k. (weekender) Received letter from Adelaide to say that as at 1st July, loans coming off I/O and balance owing will become your new credit limit. Any available credit will not be available after this date. If you have no balance owing balance is nil. So all available funds will disappear. We have plans for about 200k in July/Aug for a new business vehicle, and prefer to have money available and not have to risk refinance since changes. No problem to pay P/I loan payments Question. Can I just withdraw all of these funds available now and move to 3 different bank savings accounts with another bank to keep interest claimable , use for vehicle purchase then do a refinance somewhere else on whatever funds are still owing after purchase? None of this account is linked to investment properties, they are all stand alone.