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Modifications to loan repayments & redraw balances

We’re making some modifications to repayments and available redraw to higher give you support while you repay your house or loan that is personal.

Modifications to repayments

What exactly is changing?

From 31 July 2018, your minimum needed repayment amount might be modified whenever:

  • Your rate of interest is paid down
  • You will be making a repayment that is additional
  • How it functions

    Tim’s loan has the absolute minimum monthly payment amount of $580. He makes a extra payment of $5000. Right after this, their minimum repayment quantity is recalculated to $440.

    Exactly exactly just What this means for your needs

  • It will be easy to visit your new minimum repayment quantity in NetBank
  • It is possible to elect to lessen your payment to the quantity if you want to in NetBank
  • These changes use when you yourself have a variable price principal and interest mortgage loan, investment loan or unsecured loan
  • You will see your overall payment plans, together with your minimum amount, or improve your repayments at any right time in NetBank.

    To create direct debit, give us a call on 13 2224 for mortgage loans, 13 1431 for personal loans or check out your nearest branch.

    Modifications to redraw

    What exactly is changing? Read more →

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