Loan Repayment Deferral with Offset Account

Discussion in 'Loans & Mortgage Brokers' started by Simon_H, 5th Apr, 2020.

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  1. Simon_H

    Simon_H Member

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    20th Apr, 2018
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    Sydney
    Anyone know if banks are allowing you to defer loan repayments if you have an Offset account, specifically ANZ. I would have thought this would offset any interest capitalisation on the provision this amount isn’t spent, discipline needed. Thanks in advance
     
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Plus Member

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    I haven't heard otherwise.