Hi Looking for some assistance with the following situation as follows: 1. Purchased house in 2013 for 800k, probably worth about 1.3 to 1.5m now. it is an investment 2. Borrowed 700k with Westpac 3. Loan portion is split with 400k fixed at 5.69% (currently has 2 years left and break fee is 11k) and the other 300k is variable at 4.72%. The variable component is being fully offset and I am currently paying no interest on the variable loan. With the fixed, I have about 350K owing (with 30k in the account). I am undecided whether I should break this loan, as I think i will be able to pay it off quickly over the next 2 years and would save on interest (but can only claim as a deduction over 5 years). The 11k fee to break was obtained last saturday and is valid till Friday, so probably the break fee if calculated now would be more due to RBA cut (but I can still take the 11k quote if I want till Friday). Also, if I was to break, what rates should I expect and what lender would be best to go with (probably looking to purchase something else in 2 to 3 years time, not immediate). Any assistance appreciated.