Hi all, do you extend your IP loans back to 30 years once your IO period ends to reduce repayments? My ING loan became P&I last year & the rent is nowhere near covering the repayments! My Westpac loans will need to become P&I in 5 years. How do you manage this? I'm struggling to see the benefit in keeping all of my IPs at the moment. The rent may finally cover repayments only for the loan repayments to increase once P&I!!! Are people in this current market aiming to pay off their IPs now or is it still 'don't pay off your IPs & keep your cash' mentality? Thanks in advance.