Hi all, Playing with the Macquarie LOC home loan package for my PPOR. Currently 1 large split (say 950k) and 1 small split (say 50k), small split nearly paid off. Property is unlikely to become an IP in the future (low yield, I'm poor, etc), so the large 950k split will be paid down next. However in the event I need emergency cash, I don't want to redraw on the large split as that would count as a new borrowing and would contaminate the purpose (in the off chance it does become an IP.) The small 50k split will be used for investments so I can't touch that either, so I need a third split. Called Macquarie and was asked what limit I'd like on it. Caught me off guard as I thought the available funds (from paying down the small split) were redrawable on any split - but no, each split has its own limit (950k and 50k). So the third split would need to take some limit from one of the existing splits. Thing is I don't know how much I'd need in an emergency. Can anyone with LOC package experience give me some pointers? Or do I just wait until I need $x emergency funds and then split based off that?